The global vertical lift module market is expected to reach US$ 1,667.6 Mn in 2025, registering a CAGR of 9.5% during the forecast period 2017 to 2025. In our study, we have segmented the vertical lift module market by AS/RS type, which includes Unit Load ASRS, Mini Load ASRS, Carousels, Vertical Lift Modules, and Others. Furthermore, the application segment of the vertical lift module market is segmented into automotive, food & beverage, electronics, retail, e-commerce, logistics, aerospace, pharmaceuticals and others. On the basis of geography, the vertical lift module market is analyzed into North America, Europe, Asia- Pacific (APAC), Middle East & Africa (MEA) and South America (SAM) regions. Some of the leading companies in the market are Hanel Storage Systems, Interlake Mecalux, Kardex Group, Lauyans and Co., Sapient Automation, SencorpWhite, System Logistics, Schaefer Systems International, Effimat, Dexion, Modula, Weland Lagersystems AB, Ferretto Group Spa and ICAM SRL among others. Aerospace is one of the most critical industry of the world where precision and timing is quite essential. Proper storage and timely management of stocks, parts and tools are some of the major challenges faced by the industry. Security is another factor that prevails heavily in the aerospace industry. VLM offers proper management of storage, security and retrieval of tools as well as parts, leading towards the generation of VLM products from the industry. Key findings of the study: • From a growth perspective India in Asia-Pacific region is anticipated to witness the most lucrative CAGR growth rate of 13.62% during the forecast period • Automotive sector end-user industry is leading the market for VLM and is expected to witness a growth rate of 9.42% from 2017 - 2025 The vertical lift module market in India is expected to grow at a CAGR of 13.62% during the forecast period 2017 – 2025. India being a developing economy, many new companies are entering into the market with the need of cost-efficient manufacturing units. India being the home of cheap labor, foreign automotive and electronics manufacturers are setting up their manufacturing units. Furthermore government’s initiatives such as “Make in India” is also luring manufacturers around the world to set up their manufacturing units. The dense presence of various industries in the country will positively influence the market for Vertical Lift Modules market in India. ABOUT US The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials. We are committed to provide highest quality research and consulting services to our customers. We help our clients understand the key market trends, identify opportunities, and make informed decisions with our market research offerings at an affordable cost. We understand syndicated reports may not meet precise research requirements of all our clients. We offer our clients multiple ways to customize research as per their specific needs and budget. Contact Us Contact Person: Sameer Joshi Phone: +1-646-491-9876 Email Id: sales@theinsightpartners.com https://www.theinsightpartners.com/reports/vertical-lift-module-vlm-market/