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Vertical Lift Module (VLM) Market Share

Report ID: GMI10404
Published Date: Jul 2024
Report Format: PDF

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Vertical Lift Module Market Share

Vertical Lift Module Market Company Share Analysis, (2023)

Key players in the market are Auto Crib, Ferretto SpA, Hanel Buro, Kardex, and Modula Group. Together these companies have a market share of 30%-35% of the total market with fierce competition in this market and driving continuous advancements and the introduction of new features to meet the evolving demands. These companies are known for their wide range of vertical lifts products from basic models to advanced smart modules with innovative features.

Vertical Lift Module Market Companies

Major companies operating in the market include:

Auto Crib
Conveyor Handling Company
ELF Automation
Ferretto SpA
Hanel Buro
ICAM SpA
Kardex
LISTA
Macalux, SA
Modula Group
Rabatex Group
SSI Schafer
Vidir Solutions, Inc.
Vidmar
Weland Solutions

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The vertical lift module market was valued at USD 1.7 billion in 2023 and is anticipated to register 8.8% CAGR between 2024 and 2032, owing to technological advancements.

The non-refrigerated vertical lift module (VLM) market recorded a revenue of USD 1.1 billion in 2023 and is anticipated to grow at 8% CAGR through 2032, owing to its versatility.

Europe vertical lift module (VLM) market recorded 39% share in 2023 and is anticipated to register 8.2% CAGR between 2024 and 2032, owing to the strong demand for advanced systems.

Auto Crib, Conveyor Handling Company, ELF Automation, Ferretto SpA, Hanel Buro, ICAM SpA, Kardex, and LISTA among others.