Automated Vertical Lift Module Market
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Automated Vertical Lift Module Market Size and Growth
The Automated Vertical Lift Module (AVLM) market is experiencing significant growth, driven by increasing demand for efficient storage solutions across various industries. In 2023, the market size is estimated at approximately $1.2 billion, with a projected CAGR of around 7% over the next five years due to advancements in automation technologies.
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Companies Covered
(Covid 19 Impact Covered)
◍ Kardex
◍ Modula
◍ Hanel
◍ SSI Schaefer
◍ Ferretto Group
◍ Mecalux
◍ Vidmar
◍ KSEC
◍ Gonvarri Material Handling
◍ Second Institute of CETGC
◍ ICAM
◍ Effimat Storage Technology
◍ Weland Lagersystem
◍ RunningSys Inc.
◍ UN Industry
The Automated Vertical Lift Module (AVLM) market is competitive, featuring key players like Kardex, Modula, Hanel, and SSI Schaefer. These companies enhance efficiency and reduce space through tailored AVLM solutions. Some sales revenues include:
- Kardex: €400 million
- Mecalux: €300 million
- SSI Schaefer: €750 million
This growth drives industry advancement.
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Market Segmentation
By Application
Automotive
Industrial Manufacturing ◍ Warehousing and Logistics
Aerospace
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By Product
Single Level Delivery
Dual Level Delivery
Market Growth
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$ X Billion USD
