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Global Lift Modules Market (2023 Edition): Analysis By Height (< 15 Meters, 10-15 Meters, > 15 Meters), By Per Tray Load Capacity (< 300 Kgs, 300-600 Kgs, >600 kgs), By End User Industry, By Region, By Country: Market Insights and Forecast (2019-2029)

  • Report Code : 1008578
  • Industry : Services
  • Published On : Nov 2023
  • Pages : 260
  • Publisher : Azoth Analytics
  • Format: WMR PPT FormatWMR PDF Format

Executive Summary

Azoth Analytics has released a research report titled "Global Lift Modules Market (2023 Edition)" which provides a complete analysis of the Global Lift Modules industry in terms of market segmentation By Height (Less Than 15 Meters, 10 to 15 Meters and More Than 15 Meters), By Per Tray Load Capacity (Up to 300 Kgs, 300 to 600 Kgs and More Than 600 kgs), By End User Industry (Retail and E-Commerce, Automotive, Electronics, Health Care, Food and Beverages, Others) for the historical period of 2019-2022, the estimates of 2023 and the forecast period of 2024-2029.

The Global Lift Modules market showcased growth at a CAGR of ~8% during 2019-2022. The market was valued at USD 1.32 Billion in 2022 which is expected to reach USD 4.42 Billion in 2029. The rapid growth of e-commerce worldwide has led to an increasing need for efficient and reliable fulfilment systems within warehouses and distribution centres. Lift Modules are helping meet this demand by optimizing storage and retrieval processes. Moreover, as the world economy especially developing countries is heading towards massive industrialization, vertical lift modules will be pivotal factors for the efficient and smooth working of many industries like health care and automotive.

The Global Lift Modules Market is expected to grow in the forecast period and register a market value of USD 4.42 Billion in 2029 at a CAGR of 18.9% during the forecast period. Lift Modules are designed to maximize vertical storage space, making them ideal for businesses and industries facing space constraints. They eliminate the need for traditional aisles, allowing for the efficient use of available warehouse or storage space.

Moreover, inventory management solutions, which include software and technologies designed to streamline and optimize inventory processes, have revolutionized the way businesses handle their inventory. These solutions help businesses efficiently track, manage, and control stock levels, resulting in improved productivity, reduced costs, and enhanced customer satisfaction and with integration of Lift Modules can have a huge impact on inventory management. Additionally, inventory management solutions integrated with Lift Modules enable businesses to automate various processes such as inventory replenishment, cycle counting, and order picking. This automation saves time, reduces errors, and improves overall operational efficiency. Businesses can also benefit from advanced analytics and reporting capabilities, allowing them to make data-driven decisions and optimize their inventory strategies.

Healthcare facilities, including hospitals and clinics, require efficient storage solutions for medical supplies, equipment, medications, and patient records. Lift Modules provide organized and secure storage for these critical items. Lift Modules are used to store and dispense medications in hospital pharmacies and healthcare institutions. These systems help maintain accurate inventory levels, reduce medication errors, and improve patient safety. Moreover, Lift Modules offer improved inventory accuracy, traceability, and control. Healthcare facilities can efficiently manage their supplies, reduce stockouts, and optimize inventory levels, ultimately leading to cost savings and streamlined operations. In healthcare, space is often a premium. VLMs utilize vertical space, allowing healthcare facilities to optimize their storage capacity without expanding the floor area. This efficient use of space is especially valuable in crowded hospital environments.

The healthcare sector is under pressure to reduce operating costs. Lift Modules automate the storage and retrieval of medical supplies and equipment, reducing the need for manual labour, which can result in substantial cost savings. VLMs can improve patient care by ensuring that healthcare professionals have quick access to the necessary medical supplies and equipment, leading to more efficient and effective patient treatment.



Scope of the Report

• The report analyses the Lift Modules Market by Value (USD Million).

• The report presents the analysis of the Lift Modules Market for the historical period of 2019-2022, the estimated year 2023 and the forecast period of 2024-2029.

• The report analyses the Lift Modules Market By Height (Less Than 15 Meters, 10 to 15 Meters and More Than 15 Meters)

• The report analyses the Lift Modules Market By Per Tray Load Capacity (Up to 300 Kgs, 300 to 600 Kgs and More Than 600 kgs).

• The report analyses the Lift Modules Market By End User Industry (Retail and E-Commerce, Automotive, Electronics, Health Care, Food and Beverages and Other End User Industries).

• The key insights of the report have been presented through the frameworks of SWOT and Porter's Five Forces Analysis. Also, the attractiveness of the market has been presented by region, By Types, by mode of operation & by end users.

• Also, the major opportunities, trends, drivers and challenges of the industry have been analyzed in the report.

• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include of are Kardex Holding AG, Modula S.p.A, Hänel Storage Systems, Mecalux, Ferretto Group S.p.A, AutoCrib, SSI Schaefer Inc., Weland Solutions AB Vidmar and White Systems Inc.

1. Market Background

1.1 Scope and Product Outlook

1.2 Executive Summary

1.3 Research Methodology

2. Analyst Recommendations

2.1 Integration of Augmented Vision in Vertical Lift Modules

2.2 Integrated Robotic Arm with Vertical Lift Modules

3. Global Lift Modules Market: Historic and Forecast (2019-2029)

3.1 Impact Analysis of Macro Economic Factors on the Global Lift Modules Market

3.2 Market Statistics of Material Handling and Automation Systems

3.3 Total E-Commerce Sales and Growth Rates

3.4 Global Lift Modules Market: Dashboard

3.5 Global Lift Modules Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

3.6 Global Lift Modules Market: Market Value Assessment

3.7 Assessment: Degree of Impact of COVID-19 on Global Lift Modules Market

3.8 Global Lift Modules Market Segmentation: By Height

3.8.1 Global Lift Modules Market, By Height Overview

3.8.2 Global Lift Modules Market Size, By Less Than 10 Meters, By Value, 2019H-2029F (USD Million & CAGR)

3.8.3 Global Lift Modules Market Size, By 10 to 15 Meters, By Value, 2019H-2029F (USD Million & CAGR)

3.8.4 Global Lift Modules Market Size, By More Than 15 Meters, By Value, 2019H-2029F (USD Million & CAGR)

3.9 Global Lift Modules Market Segmentation: By Per Tray Load Capacity

3.9.1 Global Lift Modules Market, By Per Tray Load Capacity Overview

3.9.2 Global Lift Modules Market Size, By Up to 300 Kgs, By Value, 2019H-2029F (USD Million & CAGR)

3.9.3 Global Lift Modules Market Size, By 300 to 600 Kgs, By Value, 2019H-2029F (USD Million & CAGR)

3.9.4 Global Lift Modules Market Size, By More Than 600 Kgs, By Value, 2019H-2029F (USD Million & CAGR)

3.10 Global Lift Modules Market Segmentation: By End User Industry

3.10.1 Global Lift Modules Market, By End User Industry Overview

3.10.2 Global Lift Modules Market Size, By Retail and E-Commerce, By Value, 2019H-2029F (USD Million & CAGR)

3.10.3 Global Lift Modules Market Size, By Automotive, By Value, 2019H-2029F (USD Million & CAGR)

3.10.4 Global Lift Modules Market Size, By Electronics, By Value, 2019H-2029F (USD Million & CAGR)

3.10.5 Global Lift Modules Market Size, By Health Care, By Value, 2019H-2029F (USD Million & CAGR)

3.10.6 Global Lift Modules Market Size, By Food and Beverages, By Value, 2019H-2029F (USD Million & CAGR)

3.10.7 Global Lift Modules Market Size, By Other End User Industries, By Value, 2019H-2029F (USD Million & CAGR)

4. Lift Modules Market, Regional Analysis

4.1 Regional Coverage of the Study

4.2 Regional Snapshot

5. Americas Lift Modules Market: Historic and Forecast (2019-2029)

5.1 Americas Lift Modules Market: Snapshot

5.2 Americas Lift Modules Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

5.3 Americas Lift Modules Market: Key Factors

5.4 Americas Lift Modules Market: Segment Analysis

5.5 Americas Lift Modules Market Segmentation: By Height

5.5.1 Americas Lift Modules Market, By Height Overview

5.5.2 Americas Lift Modules Market Size, By Less Than 10 Meters, By Value, 2019H-2029F (USD Million & CAGR)

5.5.3 Americas Lift Modules Market Size, By 10 to 15 Meters, By Value, 2019H-2029F (USD Million & CAGR)

5.5.4 Americas Lift Modules Market Size, By More Than 15 Meters, By Value, 2019H-2029F (USD Million & CAGR)

5.6 Americas Lift Modules Market Segmentation: By Per Tray Load Capacity

5.6.1 Americas Lift Modules Market, By Per Tray Load Capacity Overview

5.6.2 Americas Lift Modules Market Size, By Up to 300 Kgs, By Value, 2019H-2029F (USD Million & CAGR)

5.6.3 Americas Lift Modules Market Size, By 300 to 600 Kgs, By Value, 2019H-2029F (USD Million & CAGR)

5.6.4 Americas Lift Modules Market Size, By More Than 600 Kgs, By Value, 2019H-2029F (USD Million & CAGR)

5.7 Americas Lift Modules Market Segmentation: By End User Industry

5.7.1 Americas Lift Modules Market, By End User Industry Overview

5.7.2 Americas Lift Modules Market Size, By Retail and E-Commerce, By Value, 2019H-2029F (USD Million & CAGR)

5.7.3 Americas Lift Modules Market Size, By Automotive, By Value, 2019H-2029F (USD Million & CAGR)

5.7.4 Americas Lift Modules Market Size, By Electronics, By Value, 2019H-2029F (USD Million & CAGR)

5.7.5 Americas Lift Modules Market Size, By Health Care, By Value, 2019H-2029F (USD Million & CAGR)

5.7.6 Americas Lift Modules Market Size, By Food and Beverages, By Value, 2019H-2029F (USD Million & CAGR)

5.7.7 Americas Lift Modules Market Size, By Other End User Industries, By Value, 2019H-2029F (USD Million & CAGR)

5.8 Americas Lift Modules Market Segmentation: By Country

5.8.1 Americas Lift Modules Market, by Country Overview

5.8.2 United States Lift Modules Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

5.8.2.1 United States Lift Modules Market, By Height

5.8.2.2 United States Lift Modules Market, By Per Tray Load Capacity

5.8.2.3 United States Lift Modules Market, By End User Industry

5.8.3 Canada Lift Modules Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

5.8.3.1 Canada Lift Modules Market, By Height

5.8.3.2 Canada Lift Modules Market, By Per Tray Load Capacity

5.8.3.3 Canada Lift Modules Market, By End User Industry

5.8.4 Brazil Lift Modules Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

5.8.4.1 Brazil Lift Modules Market, By Height

5.8.4.2 Brazil Lift Modules Market, By Per Tray Load Capacity

5.8.4.3 Brazil Lift Modules Market, By End User Industry

5.8.5 Rest of Americas Lift Modules Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

5.8.5.1 Rest of Americas Lift Modules Market, By Height

5.8.5.2 Rest of Americas Lift Modules Market, By Per Tray Load Capacity

5.8.5.3 Rest of Americas Lift Modules Market, By End User Industry

6. Europe Lift Modules Market: Historic and Forecast (2019-2029)

6.1 Europe Lift Modules Market: Snapshot

6.2 Europe Lift Modules Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

6.3 Europe Lift Modules Market: Key Factors

6.4 Europe Lift Modules Market: Segment Analysis

6.5 Europe Lift Modules Market Segmentation: By Height

6.5.1 Europe Lift Modules Market, By Height Overview

6.5.2 Europe Lift Modules Market Size, By Less Than 10 Meters, By Value, 2019H-2029F (USD Million & CAGR)

6.5.3 Europe Lift Modules Market Size, By 10 to 15 Meters, By Value, 2019H-2029F (USD Million & CAGR)

6.5.4 Europe Lift Modules Market Size, By More Than 15 Meters, By Value, 2019H-2029F (USD Million & CAGR)

6.6 Europe Lift Modules Market Segmentation: By Per Tray Load Capacity

6.6.1 Europe Lift Modules Market, By Per Tray Load Capacity Overview

6.6.2 Europe Lift Modules Market Size, By Up to 300 Kgs, By Value, 2019H-2029F (USD Million & CAGR)

6.6.3 Europe Lift Modules Market Size, By 300 to 600 Kgs, By Value, 2019H-2029F (USD Million & CAGR)

6.6.4 Europe Lift Modules Market Size, By More Than 600 Kgs, By Value, 2019H-2029F (USD Million & CAGR)

6.7 Europe Lift Modules Market Segmentation: By End User Industry

6.7.1 Europe Lift Modules Market, By End User Industry Overview

6.7.2 Europe Lift Modules Market Size, By Retail and E-Commerce, By Value, 2019H-2029F (USD Million & CAGR)

6.7.3 Europe Lift Modules Market Size, By Automotive, By Value, 2019H-2029F (USD Million & CAGR)

6.7.4 Europe Lift Modules Market Size, By Electronics, By Value, 2019H-2029F (USD Million & CAGR)

6.7.5 Europe Lift Modules Market Size, By Health Care, By Value, 2019H-2029F (USD Million & CAGR)

6.7.6 Europe Lift Modules Market Size, By Food and Beverages, By Value, 2019H-2029F (USD Million & CAGR)

6.7.7 Europe Lift Modules Market Size, By Other End User Industries, By Value, 2019H-2029F (USD Million & CAGR)

6.8 Europe Lift Modules Market Segmentation: By Country

6.8.1 Europe Lift Modules Market, by Country Overview

6.8.2 Germany Lift Modules Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

6.8.2.1 Germany Lift Modules Market, By Height

6.8.2.2 Germany Lift Modules Market, By Per Tray Load Capacity

6.8.2.3 Germany Lift Modules Market, By End User Industry

6.8.3 United Kingdom Lift Modules Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

6.8.3.1 United Kingdom Lift Modules Market, By Height

6.8.3.2 United Kingdom Lift Modules Market, By Per Tray Load Capacity

6.8.3.4 United Kingdom Lift Modules Market, By End User Industry

6.8.4 France Lift Modules Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

6.8.4.1 France Lift Modules Market, By Height

6.8.4.2 France Lift Modules Market, By Per Tray Load Capacity

6.8.4.3 France Lift Modules Market, By End User Industry

6.8.5 Italy Lift Modules Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

6.8.5.1 Italy Lift Modules Market, By Height

6.8.5.2 Italy Lift Modules Market, By Per Tray Load Capacity

6.8.5.3 Italy Lift Modules Market, By End User Industry

6.8.6 Rest of Europe Lift Modules Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

6.8.6.1 Rest of Europe Lift Modules Market, By Height

6.8.6.2 Rest of Europe Lift Modules Market, By Per Tray Load Capacity

6.8.6.3 Rest of Europe Lift Modules Market, By End User Industry

7. Asia Pacific Lift Modules Market: Historic and Forecast (2019-2029)

7.1 Asia Pacific Lift Modules Market: Snapshot

7.2 Asia Pacific Lift Modules Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

7.3 Asia Pacific Lift Modules Market: Key Factors

7.4 Asia Pacific Lift Modules Market: Segment Analysis

7.5 Asia Pacific Lift Modules Market Segmentation: By Height

7.5.1 Asia Pacific Lift Modules Market, By Height Overview

7.5.2 Asia Pacific Lift Modules Market Size, By Less Than 10 Meters, By Value, 2019H-2029F (USD Million & CAGR)

7.5.3 Asia Pacific Lift Modules Market Size, By 10 to 15 Meters, By Value, 2019H-2029F (USD Million & CAGR)

7.5.4 Asia Pacific Lift Modules Market Size, By More Than 15 Meters, By Value, 2019H-2029F (USD Million & CAGR)

7.6 Asia Pacific Lift Modules Market Segmentation: By Per Tray Load Capacity

7.6.1 Asia Pacific Lift Modules Market, By Per Tray Load Capacity Overview

7.6.2 Asia Pacific Lift Modules Market Size, By Up to 300 Kgs, By Value, 2019H-2029F (USD Million & CAGR)

7.6.3 Asia Pacific Lift Modules Market Size, By 300 to 600 Kgs, By Value, 2019H-2029F (USD Million & CAGR)

7.6.4 Asia Pacific Lift Modules Market Size, By More Than 600 Kgs, By Value, 2019H-2029F (USD Million & CAGR)

7.7 Asia Pacific Lift Modules Market Segmentation : By End User Industry

7.7.1 Asia Pacific Lift Modules Market, By End User Industry Overview

7.7.2 Asia Pacific Lift Modules Market Size, By Retail and E-Commerce, By Value, 2019H-2029F (USD Million & CAGR)

7.7.3 Asia Pacific Lift Modules Market Size, By Automotive, By Value, 2019H-2029F (USD Million & CAGR)

7.7.4 Asia Pacific Lift Modules Market Size, By Electronics, By Value, 2019H-2029F (USD Million & CAGR)

7.7.5 Asia PacificLift Modules Market Size, By Health Care, By Value, 2019H-2029F (USD Million & CAGR)

7.7.6 Asia Pacific Lift Modules Market Size, By Food and Beverages, By Value, 2019H-2029F (USD Million & CAGR)

7.7.7 Asia Pacific Lift Modules Market Size, By Other End User Industries, By Value, 2019H-2029F (USD Million & CAGR)

7.8 Asia Pacific Lift Modules Market Segmentation: By Country

7.8.1 Asia Pacific Lift Modules Market, by Country Overview

7.8.2 China Lift Modules Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

7.8.2.1 China Lift Modules Market, By Height

7.8.2.2 China Lift Modules Market, By Per Tray Load Capacity

7.8.2.3 China Lift Modules Market, By End User Industry

7.8.3 Japan Lift Modules Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

7.8.3.1 Japan Lift Modules Market, By Height

7.8.3.2 Japan Lift Modules Market, By Per Tray Load Capacity

7.8.3.3 Japan Lift Modules Market, By End User Industry

7.8.4 India Lift Modules Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

7.8.4.1 India Lift Modules Market, By Height

7.8.4.2 India Lift Modules Market, By Per Tray Load Capacity

7.8.4.3 India Lift Modules Market, By End User Industry

7.8.5 Rest of Asia Pacific Lift Modules Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

7.8.5.1 Rest of Asia Pacific Lift Modules Market, By Height

7.8.5.2 Rest of Asia Pacific Lift Modules Market, By Per Tray Load Capacity

7.8.5.3 Rest of Asia Pacific Lift Modules Market, By End User Industry

8. Middle East & Africa Lift Modules Market: Historic and Forecast (2019-2029)

8.1 Middle East & Africa Lift Modules Market: Snapshot

8.2 Middle East & Africa Lift Modules Market: Market Size and CAGR, 2019-2029 (USD Million & CAGR)

8.3 Middle East & Africa Lift Modules Market: Key Factors

8.4 Middle East and Africa Lift Modules Market: Segment Analysis

8.5 Middle East & Africa Lift Modules Market Segmentation: By Height

8.5.1 Middle East & Africa Lift Modules Market, By Height Overview

8.5.2 Middle East & Africa Lift Modules Market Size, By Less Than 10 Meters, By Value, 2019H-2029F (USD Million & CAGR)

8.5.3 Middle East & Africa Lift Modules Market Size, By 10 to 15 Meters, By Value, 2019H-2029F (USD Million & CAGR)

8.5.3 Middle East & Africa Lift Modules Market Size, By More Than 15 Meters, By Value, 2019H-2029F (USD Million & CAGR)

8.6 Middle East & Africa Lift Modules Market Segmentation: By Per Tray Load Capacity

8.6.1 Middle East & Africa Lift Modules Market, By Per Tray Load Capacity Overview

8.6.2 Middle East & Africa Lift Modules Market Size, By Up to 300 Kgs, By Value, 2019H-2029F (USD Million & CAGR)

8.6.3 Middle East & Africa Lift Modules Market Size, By 300 to 600 Kgs, By Value, 2019H-2029F (USD Million & CAGR)

8.6.4 Middle East & Africa Lift Modules Market Size, By More Than 600 Kgs, By Value, 2019H-2029F (USD Million & CAGR)

8.7 Middle East & Africa Lift Modules Market Segmentation : By End User Industry

8.7.1 Middle East & Africa Lift Modules Market, By End User Industry Overview

8.7.2 Middle East & Africa Lift Modules Market Size, By Retail and E-Commerce, By Value, 2019H-2029F (USD Million & CAGR)

8.7.3 Middle East & Africa Lift Modules Market Size, By Automotive, By Value, 2019H-2029F (USD Million & CAGR)

8.7.4 Middle East & Africa Lift Modules Market Size, By Electronics, By Value, 2019H-2029F (USD Million & CAGR)

8.7.5 Middle East & Africa Lift Modules Market Size, By Health Care, By Value, 2019H-2029F (USD Million & CAGR)

8.7.6 Middle East & Africa Lift Modules Market Size, By Food and Beverages, By Value, 2019H-2029F (USD Million & CAGR)

8.7.7 Middle East & Africa Lift Modules Market Size, By Other End User Industries, By Value, 2019H-2029F (USD Million & CAGR)

9. Market Dynamics

9.1 Impact Assessment of Market Dynamics on Lift Modules Market

9.2 Drivers

9.3 Restraints

9.4 Trends

10. Industry Ecosystem Analysis

10.1 Value Chain Analysis

10.2 Porter Analysis

11. Competitive Positioning

11.1 Companies' Product Positioning

11.2 Market Position Matrix

11.3 Market Share Analysis of Lift Modules Market

11.4 Company Profiles

11.4.1 Kardex Holding AG

11.4.2 Modula S.p.A

11.4.3 Hänel Storage Systems

11.4.4 Mecalux

11.4.5 Ferretto Group S.p.A

11.4.6 AutoCrib

11.4.7 SSI Schaefer Inc.

11.4.8 Weland Solutions AB

11.4.9 Vidmar

11.4.10 White Systems Inc.

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