The global vertical lift module market is projected to grow from about USD 2.1 billion in 2025 to roughly USD 5.1 billion by 2035, reflecting a compound annual growth rate (CAGR) of 9.3% over the the forecast period. Demand is being driven by increasing adoption of automated storage and retrieval systems that maximize vertical space, support high-density storage, and enable speedier picking and retrieval operations.
Industries such as e-commerce, third-party logistics (3PL), manufacturing, healthcare, and retail fulfillment are adopting VLMs to automate storage, improve accuracy, and reduce labor costs. VLMs deliver trays or goods vertically to an access point, improving ergonomics, reducing errors, and optimizing warehouse footprint.
Key Market Insights at a Glance
- Market Value (2025): USD 2.1 billion
- Forecast Value (2035): USD 5.1 billion
- CAGR (2025–2035): ~9.3%
- Leading tray width segment (2025): 3-4 m tray width (~42% share)
- Leading end-use segment: E-commerce / 3PL (~39% share)
- Preferred control type: Integrated with warehouse management systems (~61%)
- Key growth regions: North America, Europe, Asia Pacific
To Access the Complete Data Tables & in-depth Insights, Request a Discount on this report: https://www.factmr.com/connectus/sample?flag=S&rep_id=5347
Five Forces Driving Market Growth
- Warehouse automation & space constraints: High real estate costs and limited floor space in distribution centres push adoption of vertical storage systems.
- E-commerce & fulfillment demand: Fast picking, high SKU variety, and order accuracy needs encourage use of VLMs in fulfilment and logistics operations.
- Labor shortage & efficiency requirements: Automated retrieval reduces manual picking, improves throughput, and reduces fatigue and error.
- Technology integrations: Systems increasingly integrate with ERP / WMS, robotics, IoT sensors, and real-time analytics for smarter inventory management.
- Competitive & retrofit dynamics: Companies retrofit existing warehouses or adopt turnkey systems, driving demand for both new installations and upgrades.
Regional Outlook
- Asia Pacific: Expected to be the fastest growing region due to rapid industrialization, growth of manufacturing, booming e-commerce and modernization of warehouse infrastructure.
- North America: Mature market with strong adoption of automated storage systems in manufacturing, logistics, healthcare and retail sectors.
- Europe: Steady adoption driven by regulatory standards, high automation adoption, and demand for efficient warehouse and parts storage solutions.
- Latin America: Emerging opportunities as regional 3PL, retail and industrial sectors invest in automation and warehouse modernization.
- Middle East & Africa: Moderate growth potential supported by new logistics hubs, emerging fulfilment centres, and growing trade infrastructure.
Recent Developments
- Major VLM manufacturers announced new turnkey solutions with modular trays, faster retrieval times, and improved integration with warehouse management systems.
- Warehouse / logistics providers have signed long-term contracts with equipment suppliers to deploy dual-level VLM systems to handle high throughput in fulfilment centres.
- Some vendors introduced energy-efficient VLM systems with regenerative drives, LED illumination, and predictive maintenance features.
- Increased installation of VLM systems in cold-storage (refrigerated or controlled temperature) settings to handle perishable goods or temperature-sensitive items.
Competitive Landscape
Key players in the vertical lift module market include leading specialized storage / automation equipment manufacturers offering VLM solutions. These companies are focusing on product innovations (tray size optimization, dual-level delivery, refrigerated versions), integration with control systems, and expanding regional manufacturing or service footprints to meet demand from e-commerce, manufacturing, third-party logistics, and fulfillment sectors.
Market Outlook & Strategic Insights
Over the forecast period, the VLM market is expected to grow strongly as more industries adopt high-density, vertical storage solutions to manage inventories more efficiently.
Suppliers that invest in modular, scalable, integrated systems with strong WMS/ERP connectivity, dual-level delivery options, and refrigerated versions will be well placed.
Emerging markets in Asia Pacific and Latin America present significant potential due to rising logistics infrastructure build-out, growth in fulfilment centres, and increased automation adoption.
Purchase Full Report for Detailed Insights
For access to full forecasts, regional breakouts, company share analysis, and emerging trend assessments, you can purchase the complete report: https://www.factmr.com/checkout/5347
Have specific requirements or need assistance on report pricing or have a limited budget? Please contact sales@factmr.com
Contact:
US Sales Office
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583, +353-1-4434-232
Email: sales@factmr.com
About Fact.MR:
Fact.MR is a global market research and consulting firm, trusted by Fortune 500 companies and emerging businesses for reliable insights and strategic intelligence. With a presence across the U.S., UK, India, and Dubai, we deliver data-driven research and tailored consulting solutions across 30+ industries and 1,000+ markets. Backed by deep expertise and advanced analytics, Fact.MR helps organizations uncover opportunities, reduce risks, and make informed decisions for sustainable growth.
