Vertical Lift Module Trends and Forecast
The future of the global vertical lift module market looks promising with opportunities in the automotive, metals and machinery, food and beverages, chemicals, healthcare, semiconductor and electronics, aviation, and e-commerce markets. The global vertical lift module market is expected to reach an estimated $2.1 billion by 2030 with a CAGR of 7.0% from 2024 to 2030. The major drivers for this market are rapidly expanding e-commerce sector across the world, growing focus towards industrial automation and growth of industry 4.0, as well as, strong demand for the installation of vertical lift module systems in the food and beverage and retail sectors to improve logistics management.Vertical Lift Module by Segment
The study includes a forecast for the global vertical lift module by delivery type, storage type, end use, and region.Vertical Lift Module Market by Delivery Type [Shipment Analysis by Value from 2018 to 2030]
- Single-Level Delivery
- Dual-Level Delivery
Vertical Lift Module Market by Storage Type [Shipment Analysis by Value from 2018 to 2030]
- Non-Refrigerated Storage
- Refrigerated Storage
Vertical Lift Module Market by End Use [Shipment Analysis by Value from 2018 to 2030]
- Automotive
- Metals & Machinery
- Food & Beverages
- Chemicals
- Healthcare
- Semiconductor & Electronics
- Aviation
- E-Commerce
- Other Industries
Vertical Lift Module Market by Region [Shipment Analysis by Value from 2018 to 2030]
- North America
- Europe
- Asia Pacific
- The Rest of the World
List of Vertical Lift Module Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies vertical lift module companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the vertical lift module companies profiled in this report include-- Gonvarri Material Handling
- Ferretto Group
- EffiMat Storage Technology
- ICAM SRL
- AutoCrib
- Hänel Storage Systems
- Kardex Remstar
Vertical Lift Module Market Insights
The publisher forecasts that single-level delivery will remain the larger segment over the forecast period due to growing requirement for maximum storage capacity utilization owing to the extensive demand for faster recovery and storage of heterogeneous commodities.North America will remain the largest region over the forecast period due to significant technological breakthroughs, strong presence of large manufacturers in the area, and the growing e-commerce, retail, and logistics sectors in the region.
Features of the Global Vertical Lift Module Market
- Market Size Estimates: Vertical lift module market size estimation in terms of value ($B).
- Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
- Segmentation Analysis: Vertical lift module market size by delivery type, storage type, end use, and region in terms of value ($B).
- Regional Analysis: Vertical lift module market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
- Growth Opportunities: Analysis of growth opportunities in different delivery type, storage type, end use, and regions for the vertical lift module market.
- Strategic Analysis: This includes M&A, new product development, and competitive landscape of the vertical lift module market.
- Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the vertical lift module market size?Answer: The global vertical lift module market is expected to reach an estimated $2.1 billion by 2030.
Q2. What is the growth forecast for vertical lift module market?
Answer: The global vertical lift module market is expected to grow with a CAGR of 7.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the vertical lift module market?
Answer: The major drivers for this market are rapidly expanding e-commerce sector across the world, growing focus towards industrial automation and growth of industry 4.0, as well as, strong demand for the installation of vertical lift module systems in the food and beverage and retail sectors to improve logistics management.
Q4. What are the major segments for vertical lift module market?
Answer: The future of the global vertical lift module market looks promising with opportunities in the automotive, metals and machinery, food and beverages, chemicals, healthcare, semiconductor and electronics, aviation, and e-commerce markets.
Q5. Who are the key vertical lift module market companies?
Answer: Some of the key vertical lift module companies are as follows:
- Gonvarri Material Handling
- Ferretto Group
- EffiMat Storage Technology
- ICAM SRL
- AutoCrib
- Hänel Storage Systems
- Kardex Remstar
Answer: The publisher forecasts that single-level delivery will remain the larger segment over the forecast period due to growing requirement for maximum storage capacity utilization owing to the extensive demand for faster recovery and storage of heterogeneous commodities.
Q7. In vertical lift module market, which region is expected to be the largest in next 5 years?
Answer: North America will remain the largest region over the forecast period due to significant technological breakthroughs, strong presence of large manufacturers in the area, and the growing e-commerce, retail, and logistics sectors in the region.
Q.8 Do we receive customization in this report?
Answer: Yes,the publisher provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the vertical lift module market by delivery type (single-level delivery and dual-level delivery), storage type (non-refrigerated storage and refrigerated storage), end use (automotive, metals & machinery, food & beverages, chemicals, healthcare, semiconductor & electronics, aviation, e-commerce, and other industries), and region (North America, Europe, Asia Pacific, and the Rest of the World)?Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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Table of Contents
1. Executive Summary
2. Global Vertical Lift Module Market: Market Dynamics
3. Market Trends and Forecast Analysis from 2018 to 2030
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
5. Competitor Analysis
6. Growth Opportunities and Strategic Analysis
7. Company Profiles of Leading Players
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Gonvarri Material Handling
- Ferretto Group
- EffiMat Storage Technology
- ICAM SRL
- AutoCrib
- Hänel Storage Systems
- Kardex Remstar
Methodology
The analyst has been in the business of market research and management consulting since 2000 and has published over 600 market intelligence reports in various markets/applications and served over 1,000 clients worldwide. Each study is a culmination of four months of full-time effort performed by the analyst team. The analysts used the following sources for the creation and completion of this valuable report:
- In-depth interviews of the major players in the market
- Detailed secondary research from competitors’ financial statements and published data
- Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
- A compilation of the experiences, judgments, and insights of professionals, who have analyzed and tracked the market over the years.
Extensive research and interviews are conducted in the supply chain of the market to estimate market share, market size, trends, drivers, challenges and forecasts.
Thus, the analyst compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. The analyst then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process.
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