Market Overview:
The global vertical lift system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for vertical lift systems in various applications such as automotive, industrial manufacturing, warehousing and logistics, and aerospace. Additionally, the growing trend of automation is also contributing to the growth of this market.
Product Definition:
Vertical Lift System is a type of transportation system that uses an elevator or lift to move people and goods between floors of a building. The importance of Vertical Lift System is that it provides an easy and efficient way to move people and goods between floors, which can help improve workflow in a building.
Single Level Delivery:
Single level delivery is a method of delivering goods to the ground floor. It is primarily used in Vertical Lift Systems (VLS) and Tilt Trucks (TT). Single level delivery system has one truck that delivers goods to multiple floors in a building at the same time. The single-level delivery system uses less fuel as compared to other systems as it does not have any unnecessary weight on the trucks, which reduces energy consumption significantly.
Dual Level Delivery:
Dual level delivery is a method of delivering goods to customers at two different levels in the supply chain. The first level is the production or manufacturing facility and the second level refers to retail stores or consumers. In dual-level delivery, products are moved from one location to another without being transported overland.
Application Insights:
The automotive application segment accounted for the largest revenue share in 2017 and is projected to continue its dominance over the forecast period. The rising importance of cost-effective logistics solutions has led to an increased focus on warehouse facilities within automobile manufacturing companies. These facilities require a reliable supply chain network, which can be provided by VTLS systems.
Automotive manufacturers are focusing on reducing vehicle weight as it impacts negatively upon fuel consumption and also increases vehicle stability during cornering, thereby leading to reduced carbon emissions. Vertical lift system is one of the key equipment required in automobile manufacturing plants as it allows flexible packaging options from small parts to large engines with ease and efficiency.
warehousing & logistics verticals demand is expected ¢â€š¹3000 units vertical lift systems annually throughout the forecast period owing to various factors such as growing e-commerce industry, increasing air cargo traffic due logistic distribution centers at domestic airports across developed nations such as U.S.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing market for vertical lift systems over the forecast period. The growth can be attributed to increasing industrialization and rapid urbanization in emerging economies, such as China and India. Growing population, rising living standards, strong economic growths of developing countries including China and India are anticipated to create a wide scope for VLS operations in Asia Pacific region over the next few years.
The Middle East & Africa (MEA) market is projected to grow at a significant rate owing to its vast oil reserves that have attracted numerous players from around the world for investing in this sector. MEA has one of the largest oil & gas industries worldwide with Saudi Arabia being its biggest player by revenue followed by UAE and Kuwait; all these factors are likely going contribute towards increased adoption of VLS technologies across this region during the forecast period which will further boost industry growth across all verticals within it.
Growth Factors:
- Increasing demand for Vertical Lift System in the construction and transportation sectors due to its advantages over traditional systems.
- Growing urbanization and industrialization, which is leading to an increase in the number of high-rise buildings and airports, respectively. This is fueling the demand for Vertical Lift Systems.
- The increasing popularity of automated vertical transportation systems owing to their energy efficiency and safety features.
- Rising investments by governments worldwide in infrastructure development projects, which is providing a boost to the market growth prospects of Vertical Lift Systems manufacturers and suppliers alike .
Scope Of The Report
Report Attributes
Report Details
Report Title
Vertical Lift System Market Research Report
By Type
Single Level Delivery, Dual Level Delivery
By Application
Automotive, Industrial Manufacturing, Warehousing and Logistics, Aerospace
By Companies
Kardex Remstar, Modula, Hanel, SSI Schaefer, Ferretto Group, Mecalux, Vidmar, KSEC, Gonvarri Material Handling, Second Institute of CETGC, ICAM, SencorpWhite, Effimat Storage Technology, Weland Lagersystem, RunningSys Inc., UN Industry
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Vertical Lift System Market Report Segments:
The global Vertical Lift System market is segmented on the basis of:
Types
Single Level Delivery, Dual Level Delivery
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Automotive, Industrial Manufacturing, Warehousing and Logistics, Aerospace
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Kardex Remstar
- Modula
- Hanel
- SSI Schaefer
- Ferretto Group
- Mecalux
- Vidmar
- KSEC
- Gonvarri Material Handling
- Second Institute of CETGC
- ICAM
- SencorpWhite
- Effimat Storage Technology
- Weland Lagersystem
- RunningSys Inc.
- UN Industry
Highlights of The Vertical Lift System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Level Delivery
- Dual Level Delivery
- By Application:
- Automotive
- Industrial Manufacturing
- Warehousing and Logistics
- Aerospace
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Vertical Lift System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Vertical Lift System is a type of aircraft lift that uses an engine-driven fan to create lift. This system is often used in helicopters and airplanes.
Some of the major companies in the vertical lift system market are Kardex Remstar, Modula, Hanel, SSI Schaefer, Ferretto Group, Mecalux, Vidmar, KSEC, Gonvarri Material Handling, Second Institute of CETGC, ICAM, SencorpWhite, Effimat Storage Technology, Weland Lagersystem, RunningSys Inc., UN Industry.
The vertical lift system market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Vertical Lift System Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Vertical Lift System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Vertical Lift System Market - Supply Chain
4.5. Global Vertical Lift System Market Forecast
4.5.1. Vertical Lift System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Vertical Lift System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Vertical Lift System Market Absolute $ Opportunity
5. Global Vertical Lift System Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Vertical Lift System Market Size and Volume Forecast by Type
5.3.1. Single Level Delivery
5.3.2. Dual Level Delivery
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Vertical Lift System Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Vertical Lift System Market Size and Volume Forecast by Application
6.3.1. Automotive
6.3.2. Industrial Manufacturing
6.3.3. Warehousing and Logistics
6.3.4. Aerospace
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Vertical Lift System Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Vertical Lift System Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Vertical Lift System Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Vertical Lift System Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Vertical Lift System Demand Share Forecast, 2019-2026
9. North America Vertical Lift System Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Vertical Lift System Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Vertical Lift System Market Size and Volume Forecast by Application
9.4.1. Automotive
9.4.2. Industrial Manufacturing
9.4.3. Warehousing and Logistics
9.4.4. Aerospace
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Vertical Lift System Market Size and Volume Forecast by Type
9.7.1. Single Level Delivery
9.7.2. Dual Level Delivery
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Vertical Lift System Demand Share Forecast, 2019-2026
10. Latin America Vertical Lift System Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Vertical Lift System Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Vertical Lift System Market Size and Volume Forecast by Application
10.4.1. Automotive
10.4.2. Industrial Manufacturing
10.4.3. Warehousing and Logistics
10.4.4. Aerospace
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Vertical Lift System Market Size and Volume Forecast by Type
10.7.1. Single Level Delivery
10.7.2. Dual Level Delivery
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Vertical Lift System Demand Share Forecast, 2019-2026
11. Europe Vertical Lift System Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Vertical Lift System Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Vertical Lift System Market Size and Volume Forecast by Application
11.4.1. Automotive
11.4.2. Industrial Manufacturing
11.4.3. Warehousing and Logistics
11.4.4. Aerospace
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Vertical Lift System Market Size and Volume Forecast by Type
11.7.1. Single Level Delivery
11.7.2. Dual Level Delivery
11.8. Basis Point Share (BPS) Analysis by Type
11.. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Vertical Lift System Demand Share, 2019-2026
12. Asia Pacific Vertical Lift System Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Vertical Lift System Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Vertical Lift System Market Size and Volume Forecast by Application
12.4.1. Automotive
12.4.2. Industrial Manufacturing
12.4.3. Warehousing and Logistics
12.4.4. Aerospace
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Vertical Lift System Market Size and Volume Forecast by Type
12.7.1. Single Level Delivery
12.7.2. Dual Level Delivery
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Vertical Lift System Demand Share, 2019-2026
13. Middle East & Africa Vertical Lift System Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Vertical Lift System Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Vertical Lift System Market Size and Volume Forecast by Application
13.4.1. Automotive
13.4.2. Industrial Manufacturing
13.4.3. Warehousing and Logistics
13.4.4. Aerospace
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Vertical Lift System Market Size and Volume Forecast by Type
13.7.1. Single Level Delivery
13.7.2. Dual Level Delivery
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Vertical Lift System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Vertical Lift System Market: Market Share Analysis
14.2. Vertical Lift System Distributors and Customers
14.3. Vertical Lift System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Kardex Remstar
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Modula
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Hanel
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. SSI Schaefer
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Ferretto Group
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Mecalux
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Vidmar
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. KSEC
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Gonvarri Material Handling
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Second Institute of CETGC
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. ICAM
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. SencorpWhite
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Effimat Storage Technology
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Weland Lagersystem
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. RunningSys Inc.
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. UN Industry
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
