Vertical Lift Module Market to witness a Major Overhaul in wake of Usage in Heavy Machinery

A vertical lift module comprises an enclosed system that has two columns of trays with the center being home to inserter/extractor. The good part is that vertical lift modules are being made available in several heights and width for catering to every application.

Dealers in automotives – be it distributors or manufacturers, do encounter identical challenges when it comes to availability of spare parts. Several suppliers are seeking advantage of 100% automated vertical storage systems for considerably improving customers’ satisfaction and obtain higher profit margins. Persistence Market Research has given the firsthand information about vertical lift module market through its micros and macros regarding the same. It has its analysts and also consultants regarding the same.

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How is the Vertical Lift Module Market segregated?

The global vertical lift module market, by height, spans <10 mts, 10 mts to 15 mts, and >15 mts. By type of bay, it’s internal picking and external picking. By delivery type, it’s dual delivery type and single delivery type. Coming to per tray load capacity, it’s upto 300 Kgs, 300 Kgs to 500 Kgs, and >500 Kgs. By end-use, it’s e-Commerce, automotive, machinery and heavy equipment, food & beverages, chemicals, healthcare, electronics & semiconductors, aviation, and likewise.

Out of these, machinery and heavy equipment hold the largest market share, followed by electronics & semiconductors. Persistence Market Research has, with its analysts and consultants in line, has highlighted these findings with future scenario in its latest market study entitled “Vertical Lift Module” market.

Region-wise Analysis

Europe holds the largest market share, followed by North America and the Asia-Pacific. MEA is also expected to pick up pace herein in the forecast period. Persistence Market Research has entailed these facts with future prospects in its latest market study entitled “Vertical Lift Module Market”.

Competitive Modules

Persistence Market Research has profiled the key participants in vertical lift module market as Hanel GmbH & Co. KG, Modula Inc., Weland Lagersystem AB, EffiMat Storage Technology A/S, DMW&H, Automha SPA, ICAM Srl, Constructor Group (Gonvarri Mat), Daifuku Co. Ltd., Jungheinrich AG, EBHARDT Fordertechnik GmbH, Systems Logistics SPA, Kardex Group (remstar), Schafer Systems International, Ferretto Group S.p.A., and others. These participants are engaging in various modes of expansion like mergers, acquisitions, partnerships, joint ventures, and new product launch to keep themselves afloat in the near future.

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What Next?

The global vertical lift module market is bound to grow on a precautious note in the next 10 years – Persistence Market Research