Vertical Lift Module (VLM) Market Report 2030: Key Insights You Need to Know

The global Vertical Lift Module (VLM) Market  is projected to reach USD 1.91 billion by the end of 2025. Looking ahead, the market is expected to grow substantially, reaching USD 2.93 billion by 2030, with a compound annual growth rate (CAGR) of 8.9% from 2025 to 2030.

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 This growth is being driven by several key factors. As real estate costs continue to rise globally, particularly in urban areas, industries are increasingly adopting vertical lift modules to optimize available space and reduce the need for large floor areas. VLMs allow businesses to utilize vertical storage more effectively, boosting storage density and improving operational efficiency.

Moreover, the growing emphasis on automation in inventory management is further propelling the market, with vertical carousels offering enhanced real-time tracking and reduced error rates, which is especially valuable in industries that demand high precision. However, despite their long-term benefits, the high upfront costs associated with VLMs remain a barrier for smaller businesses, potentially slowing down adoption in the SME segmen.