Global Electric Lifting Columns Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Electric Lifting Columns Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Electric Lifting Columns, also known as telescopic lifting devices, consist of linear actuators fitted with guides to provide stable vertical movement. A motor unit concealed within the column controls the devices. Electric Lifting Columns integrate linear drive and guidance systems to deliver enhanced mechanical stability in partial and fully extended positions.

Market Overview:

The latest research study on the global Electric Lifting Columns market finds that the global Electric Lifting Columns market reached a value of USD 688.04 million in 2022. It’s expected that the market will achieve USD 1098.93 million by 2028, exhibiting a CAGR of 8.12% during the forecast period.

The market continues to develop and expand.

Driven by the demand of the downstream market, the Electric Lifting Columns industry continues to develop and the market continues to expand. Electric Lifting Columns bring convenience to medical, commercial, furniture and other fields. It is expected that during the forecast period, the Electric Lifting Columns industry will continue to develop, the application fields will become more and more extensive, and the demand will continue to increase.

Product technology continues to evolve.

With the development of global industrial technology and the development of the Electric Lifting Columns industry, the product technology of the Electric Lifting Columns industry is expected to continue to evolve during the forecast period. Such as stability, bearing capacity, service life, etc. With the improvement of technology, it is expected that the products of Electric Lifting Columns will be improved in many fields, and can better adapt to the changing needs of the market.

Growing downstream demand.

Electric Lifting Columns are used in medical, commercial, household and other fields, bringing great convenience. For example, Electric Lifting Columns are used in hospital beds in the medical field, and the use of Electric Lifting Columns will bring convenience to patients. The bed allows patients to freely adjust their position, allowing them to relax and feel comfortable according to their state. It is important to be able to move the medical bed easily and smoothly so as not to injure the patient. The market demand in the downstream field is promoting the development of the Electric Lifting Columns industry, and the production volume of Electric Lifting Columns is growing. This is one of the major factors boosting the Electric Lifting Columns industry.

Region Overview:

Geographically, Europe held the largest market share – 40.56% in 2022.

Company Overview:

Linak is one of the major players operating in the Electric Lifting Columns market, holding a share of 18.42% in 2023.

Linak

Linak is a family business founded on a desire to improve people's lives. Linak provides electric actuation solutions that improve people’s quality of life and working environment. With their innovative actuator solutions, they bring movement to for instance hospital beds, office desks, medical applications, comfort beds and some of the strongest industrial applications all over the world.

Phoenix Mecano

Phoenix Mecano AG is a Swiss technology company based in Stein am Rhein. The company manufactures enclosures and components for industrial uses and is divided into three divisions – DewertOkin Technology Group, Industrial Components and Enclosure Systems.

Segmentation Overview:

By type, Multi-stage Electric Lifting Columns segment accounted for the largest share of market in 2022.

Multi-stage Electric Lifting Columns

Multi-stage Electric Lifting Columns have two or more lift sections. Usually, the liftable height of Multi-stage Electric Lifting Columns will increase with the increase of the lift section.

Two-stage Electric Lifting Columns

Two-stage Electric Lifting Columns are divided into two stages with one lift section. Usually, the maximum lift height of Two-stage Electric Lifting Columns is smaller than that of Multi-stage Electric Lifting Columns.

Application Overview:

The market's largest segment by application is the segment Medical Use, with a market share of 37.57% in 2022.

Key Companies in the global Electric Lifting Columns market covered in Chapter 3:

Linak
RICHMAT
Wenzhou Huifeng Electric Co., Ltd.
Thomson Industries
GeMinG
Phoenix Mecano
Timotion
MOVETEC Solutions
Jiecang
LoctekMotion
Kaidi
Suspa
Progressive Automations
Roemheld

In Chapter 4 and Chapter 14.2, on the basis of types, the Electric Lifting Columns market from 2018 to 2029 is primarily split into:

Multi-stage Electric Lifting Columns
Two-stage Electric Lifting Columns

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Electric Lifting Columns market from 2018 to 2029 covers:

Medical Use
Commercial Use
Home Use
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)