Vertical Lift Module Market Anticipated to Reach USD 2.79 Bn by 2030, with a CAGR of 9% from 2024-20
The Vertical Lift Module (VLM) Market is experiencing robust growth, driven by the increasing demand for efficient storage solutions and warehouse automation. VLMs, which are automated storage and retrieval systems, offer significant advantages such as improved inventory management, enhanced worker safety, and optimal utilization of vertical space. These benefits are propelling their adoption across various industries, including automotive, aviation, and heavy machinery.
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