The global market for Vertical Lift Module (VLM) was estimated to be worth US$ 494 million in 2024 and is forecast to a readjusted size of US$ 767 million by 2031 with a CAGR of 6.6% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Vertical Lift Module (VLM) cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
A vertical lift module (VLM) is an enclosed system that consists of two columns of trays with an inserter/extractor in the center. The VLM inserter/extractor automatically locates stored trays and retrieves trays from both the front and back of the unit with a push of a button and delivers them to the operator at an ergonomically positioned pick window.
The Vertical Lift Module (VLM) market is undergoing a transformative phase, characterized by rapid technological advancements and expanding applications across diverse industries. As a high-density automated storage and retrieval system (AS/RS), VLMs have become indispensable in modern intralogistics, offering unparalleled space optimization and operational efficiency. This growth trajectory is primarily fueled by three megatrends: the relentless expansion of e-commerce, the global push for warehouse automation, and increasing real estate costs in urban industrial zones. Leading manufacturers such as Kardex Group, Hanel, Modula, and Autocrib are driving innovation, with their latest generation VLMs incorporating Industry 4.0 technologies including IoT connectivity, machine learning algorithms for inventory optimization, and advanced robotics for fully automated picking processes. The technological evolution of VLMs has been particularly remarkable in recent years. Modern systems now feature adaptive storage algorithms that dynamically rearrange inventory based on demand patterns, predictive maintenance systems using vibration and thermal sensors to prevent downtime, and hybrid human-robot collaborative interfaces that enhance workplace safety. Storage capacity has seen significant improvements, with high-end models like Modula's SlimLine offering up to 30,000 kg payload capacity while maintaining retrieval speeds of 60-80 cycles per hour. The integration of computer vision systems has enabled automated quality checks during the retrieval process, particularly valuable in pharmaceutical and electronics applications. From a sustainability perspective, manufacturers are developing energy-recovery systems that harness kinetic energy during vertical movements, reducing power consumption by up to 40% compared to conventional models. Despite these advancements, the market faces several challenges that could shape its future development. The high capital expenditure (typically $50,000-$500,000 per unit) remains a significant barrier for small and medium enterprises. There's an ongoing skills gap in operating advanced VLM systems, prompting manufacturers to develop augmented reality (AR) training modules.
This report aims to provide a comprehensive presentation of the global market for Vertical Lift Module (VLM), focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Vertical Lift Module (VLM) by region & country, by Type, and by Application.
The Vertical Lift Module (VLM) market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vertical Lift Module (VLM).
Market Segmentation
By Company
- Kardex
- Modula
- Hanel
- SSI Schaefer
- Ferretto Group
- Gonvarri Material Handling
- Vidmar
- ICAM
- SencorpWhite
- Mecalux
- KSEC
- Second Institute of CETGC
- Effimat Storage Technology
- Weland
- RunningSys Inc.
- UN Industry
Segment by Type
- Single Level Delivery
- Dual Level Delivery
Segment by Application
- Automotive
- Industrial Manufacturing
- Warehousing and Logistics
- Aerospace
- Others
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Vertical Lift Module (VLM) manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Vertical Lift Module (VLM) in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Vertical Lift Module (VLM) in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Vertical Lift Module (VLM) Product Introduction
- 1.2 Global Vertical Lift Module (VLM) Market Size Forecast
- 1.2.1 Global Vertical Lift Module (VLM) Sales Value (2020-2031)
- 1.2.2 Global Vertical Lift Module (VLM) Sales Volume (2020-2031)
- 1.2.3 Global Vertical Lift Module (VLM) Sales Price (2020-2031)
- 1.3 Vertical Lift Module (VLM) Market Trends & Drivers
- 1.3.1 Vertical Lift Module (VLM) Industry Trends
- 1.3.2 Vertical Lift Module (VLM) Market Drivers & Opportunity
- 1.3.3 Vertical Lift Module (VLM) Market Challenges
- 1.3.4 Vertical Lift Module (VLM) Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Vertical Lift Module (VLM) Players Revenue Ranking (2024)
- 2.2 Global Vertical Lift Module (VLM) Revenue by Company (2020-2025)
- 2.3 Global Vertical Lift Module (VLM) Players Sales Volume Ranking (2024)
- 2.4 Global Vertical Lift Module (VLM) Sales Volume by Company Players (2020-2025)
- 2.5 Global Vertical Lift Module (VLM) Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Vertical Lift Module (VLM) Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Vertical Lift Module (VLM) Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Vertical Lift Module (VLM)
- 2.9 Vertical Lift Module (VLM) Market Competitive Analysis
- 2.9.1 Vertical Lift Module (VLM) Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Vertical Lift Module (VLM) Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Vertical Lift Module (VLM) as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Single Level Delivery
- 3.1.2 Dual Level Delivery
- 3.2 Global Vertical Lift Module (VLM) Sales Value by Type
- 3.2.1 Global Vertical Lift Module (VLM) Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Vertical Lift Module (VLM) Sales Value, by Type (2020-2031)
- 3.2.3 Global Vertical Lift Module (VLM) Sales Value, by Type (%) (2020-2031)
- 3.3 Global Vertical Lift Module (VLM) Sales Volume by Type
- 3.3.1 Global Vertical Lift Module (VLM) Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Vertical Lift Module (VLM) Sales Volume, by Type (2020-2031)
- 3.3.3 Global Vertical Lift Module (VLM) Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Vertical Lift Module (VLM) Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Automotive
- 4.1.2 Industrial Manufacturing
- 4.1.3 Warehousing and Logistics
- 4.1.4 Aerospace
- 4.1.5 Others
- 4.2 Global Vertical Lift Module (VLM) Sales Value by Application
- 4.2.1 Global Vertical Lift Module (VLM) Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Vertical Lift Module (VLM) Sales Value, by Application (2020-2031)
- 4.2.3 Global Vertical Lift Module (VLM) Sales Value, by Application (%) (2020-2031)
- 4.3 Global Vertical Lift Module (VLM) Sales Volume by Application
- 4.3.1 Global Vertical Lift Module (VLM) Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Vertical Lift Module (VLM) Sales Volume, by Application (2020-2031)
- 4.3.3 Global Vertical Lift Module (VLM) Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Vertical Lift Module (VLM) Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Vertical Lift Module (VLM) Sales Value by Region
- 5.1.1 Global Vertical Lift Module (VLM) Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Vertical Lift Module (VLM) Sales Value by Region (2020-2025)
- 5.1.3 Global Vertical Lift Module (VLM) Sales Value by Region (2026-2031)
- 5.1.4 Global Vertical Lift Module (VLM) Sales Value by Region (%), (2020-2031)
- 5.2 Global Vertical Lift Module (VLM) Sales Volume by Region
- 5.2.1 Global Vertical Lift Module (VLM) Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Vertical Lift Module (VLM) Sales Volume by Region (2020-2025)
- 5.2.3 Global Vertical Lift Module (VLM) Sales Volume by Region (2026-2031)
- 5.2.4 Global Vertical Lift Module (VLM) Sales Volume by Region (%), (2020-2031)
- 5.3 Global Vertical Lift Module (VLM) Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Vertical Lift Module (VLM) Sales Value, 2020-2031
- 5.4.2 North America Vertical Lift Module (VLM) Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Vertical Lift Module (VLM) Sales Value, 2020-2031
- 5.5.2 Europe Vertical Lift Module (VLM) Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Vertical Lift Module (VLM) Sales Value, 2020-2031
- 5.6.2 Asia Pacific Vertical Lift Module (VLM) Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Vertical Lift Module (VLM) Sales Value, 2020-2031
- 5.7.2 South America Vertical Lift Module (VLM) Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Vertical Lift Module (VLM) Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Vertical Lift Module (VLM) Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Vertical Lift Module (VLM) Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Vertical Lift Module (VLM) Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Vertical Lift Module (VLM) Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Vertical Lift Module (VLM) Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Vertical Lift Module (VLM) Sales Value, 2020-2031
- 6.3.2 United States Vertical Lift Module (VLM) Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Vertical Lift Module (VLM) Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Vertical Lift Module (VLM) Sales Value, 2020-2031
- 6.4.2 Europe Vertical Lift Module (VLM) Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Vertical Lift Module (VLM) Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Vertical Lift Module (VLM) Sales Value, 2020-2031
- 6.5.2 China Vertical Lift Module (VLM) Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Vertical Lift Module (VLM) Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Vertical Lift Module (VLM) Sales Value, 2020-2031
- 6.6.2 Japan Vertical Lift Module (VLM) Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Vertical Lift Module (VLM) Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Vertical Lift Module (VLM) Sales Value, 2020-2031
- 6.7.2 South Korea Vertical Lift Module (VLM) Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Vertical Lift Module (VLM) Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Vertical Lift Module (VLM) Sales Value, 2020-2031
- 6.8.2 Southeast Asia Vertical Lift Module (VLM) Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Vertical Lift Module (VLM) Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Vertical Lift Module (VLM) Sales Value, 2020-2031
- 6.9.2 India Vertical Lift Module (VLM) Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Vertical Lift Module (VLM) Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 Kardex
- 7.1.1 Kardex Company Information
- 7.1.2 Kardex Introduction and Business Overview
- 7.1.3 Kardex Vertical Lift Module (VLM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 Kardex Vertical Lift Module (VLM) Product Offerings
- 7.1.5 Kardex Recent Development
- 7.2 Modula
- 7.2.1 Modula Company Information
- 7.2.2 Modula Introduction and Business Overview
- 7.2.3 Modula Vertical Lift Module (VLM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Modula Vertical Lift Module (VLM) Product Offerings
- 7.2.5 Modula Recent Development
- 7.3 Hanel
- 7.3.1 Hanel Company Information
- 7.3.2 Hanel Introduction and Business Overview
- 7.3.3 Hanel Vertical Lift Module (VLM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 Hanel Vertical Lift Module (VLM) Product Offerings
- 7.3.5 Hanel Recent Development
- 7.4 SSI Schaefer
- 7.4.1 SSI Schaefer Company Information
- 7.4.2 SSI Schaefer Introduction and Business Overview
- 7.4.3 SSI Schaefer Vertical Lift Module (VLM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 SSI Schaefer Vertical Lift Module (VLM) Product Offerings
- 7.4.5 SSI Schaefer Recent Development
- 7.5 Ferretto Group
- 7.5.1 Ferretto Group Company Information
- 7.5.2 Ferretto Group Introduction and Business Overview
- 7.5.3 Ferretto Group Vertical Lift Module (VLM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Ferretto Group Vertical Lift Module (VLM) Product Offerings
- 7.5.5 Ferretto Group Recent Development
- 7.6 Gonvarri Material Handling
- 7.6.1 Gonvarri Material Handling Company Information
- 7.6.2 Gonvarri Material Handling Introduction and Business Overview
- 7.6.3 Gonvarri Material Handling Vertical Lift Module (VLM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Gonvarri Material Handling Vertical Lift Module (VLM) Product Offerings
- 7.6.5 Gonvarri Material Handling Recent Development
- 7.7 Vidmar
- 7.7.1 Vidmar Company Information
- 7.7.2 Vidmar Introduction and Business Overview
- 7.7.3 Vidmar Vertical Lift Module (VLM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Vidmar Vertical Lift Module (VLM) Product Offerings
- 7.7.5 Vidmar Recent Development
- 7.8 ICAM
- 7.8.1 ICAM Company Information
- 7.8.2 ICAM Introduction and Business Overview
- 7.8.3 ICAM Vertical Lift Module (VLM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 ICAM Vertical Lift Module (VLM) Product Offerings
- 7.8.5 ICAM Recent Development
- 7.9 SencorpWhite
- 7.9.1 SencorpWhite Company Information
- 7.9.2 SencorpWhite Introduction and Business Overview
- 7.9.3 SencorpWhite Vertical Lift Module (VLM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 SencorpWhite Vertical Lift Module (VLM) Product Offerings
- 7.9.5 SencorpWhite Recent Development
- 7.10 Mecalux
- 7.10.1 Mecalux Company Information
- 7.10.2 Mecalux Introduction and Business Overview
- 7.10.3 Mecalux Vertical Lift Module (VLM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Mecalux Vertical Lift Module (VLM) Product Offerings
- 7.10.5 Mecalux Recent Development
- 7.11 KSEC
- 7.11.1 KSEC Company Information
- 7.11.2 KSEC Introduction and Business Overview
- 7.11.3 KSEC Vertical Lift Module (VLM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 KSEC Vertical Lift Module (VLM) Product Offerings
- 7.11.5 KSEC Recent Development
- 7.12 Second Institute of CETGC
- 7.12.1 Second Institute of CETGC Company Information
- 7.12.2 Second Institute of CETGC Introduction and Business Overview
- 7.12.3 Second Institute of CETGC Vertical Lift Module (VLM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Second Institute of CETGC Vertical Lift Module (VLM) Product Offerings
- 7.12.5 Second Institute of CETGC Recent Development
- 7.13 Effimat Storage Technology
- 7.13.1 Effimat Storage Technology Company Information
- 7.13.2 Effimat Storage Technology Introduction and Business Overview
- 7.13.3 Effimat Storage Technology Vertical Lift Module (VLM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.13.4 Effimat Storage Technology Vertical Lift Module (VLM) Product Offerings
- 7.13.5 Effimat Storage Technology Recent Development
- 7.14 Weland
- 7.14.1 Weland Company Information
- 7.14.2 Weland Introduction and Business Overview
- 7.14.3 Weland Vertical Lift Module (VLM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.14.4 Weland Vertical Lift Module (VLM) Product Offerings
- 7.14.5 Weland Recent Development
- 7.15 RunningSys Inc.
- 7.15.1 RunningSys Inc. Company Information
- 7.15.2 RunningSys Inc. Introduction and Business Overview
- 7.15.3 RunningSys Inc. Vertical Lift Module (VLM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.15.4 RunningSys Inc. Vertical Lift Module (VLM) Product Offerings
- 7.15.5 RunningSys Inc. Recent Development
- 7.16 UN Industry
- 7.16.1 UN Industry Company Information
- 7.16.2 UN Industry Introduction and Business Overview
- 7.16.3 UN Industry Vertical Lift Module (VLM) Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.16.4 UN Industry Vertical Lift Module (VLM) Product Offerings
- 7.16.5 UN Industry Recent Development
8 Industry Chain Analysis
- 8.1 Vertical Lift Module (VLM) Industrial Chain
- 8.2 Vertical Lift Module (VLM) Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Vertical Lift Module (VLM) Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Vertical Lift Module (VLM) Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer