Electric Lifting Columns Market Size, Share, Growth, And Industry Analysis, By Type (Multi-stage Electric Lifting Columns, Two-stage Electric Lifting Columns), By Application (Medical Use, Commercial Use, Home Use), Regional Forecast To 2031

Updated On: 08 April 2024

Electric Lifting Columns Market REPORT OVERVIEW

• 
• Request a Free sample to learn more about this report 

The global electric lifting columns market size was USD 589 million in 2020 and is projected to touch USD 1396.6 million by 2031, exhibiting a CAGR of 7.8% during the forecast period.

The COVID-19 pandemic has been unprecedented and staggering, with electric lifting columns experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.

Electric lifting columns are innovative devices used for height adjustment and lifting purposes in various applications such as adjustable desks, workstations, medical equipment, and ergonomic furniture. They consist of a motor, a lead screw or belt drive mechanism, and a control system. The motor powers the lifting mechanism, which can be a lead screw or a belt drive system. The lead screw converts rotational motion into linear motion, while the belt drive system uses a belt and pulley arrangement. The control system regulates the movement, allowing users to adjust the height with ease using buttons, switches, or remote controls. Electric lifting columns are advantageous due to their quiet operation, efficiency, and low maintenance requirements. They enable users to customize the height of their furniture or equipment according to their ergonomic needs, promoting better health and productivity in environments where sitting and standing positions are alternated. Furthermore, electric lifting columns offer precise and smooth height adjustment, ensuring stability and safety during use.

The electric lifting columns market is experiencing steady growth and is expected to witness significant expansion in the coming years. Lifting columns are widely used in various industries and applications, including healthcare, manufacturing, logistics, and retail. These columns provide adjustable height functionality and assist in lifting heavy loads, thereby enhancing operational efficiency and ergonomic benefits.

COVID-19 Impact: Pandemic Led to Disruptions in the Supply Chain, Manufacturing Activities Hampered the Market Growth

The COVID-19 pandemic has had a profound impact on the global economy, including the electric lifting columns market. The outbreak led to disruptions in the supply chain, manufacturing activities, and a decline in overall demand. Several industries, such as manufacturing and logistics, experienced temporary closures and reduced operations. However, the pandemic also highlighted the importance of automation and ergonomic solutions in workplaces, driving the demand for electric lifting columns in industries focused on worker safety and productivity.

Latest Trends

"Integration of Advanced Technologies to Boost the Market Development"

The integration of IoT connectivity and smart features into lifting columns has revolutionized their functionality, providing businesses with enhanced control, monitoring capabilities, and seamless integration with other automation systems. These smart lifting columns can be remotely controlled and monitored, allowing operators to adjust height, position, and other parameters with ease. This remote accessibility enables businesses to optimize workflows, increase productivity, and streamline operations. The ability to connect smart lifting columns to a centralized system or network opens up a wide range of possibilities for automation and data analysis. These columns can communicate real-time data, such as load capacity, energy consumption, and maintenance requirements, to a central control system or cloud-based platform.

Electric Lifting Columns Market Segmentation

• 
• Request a Free sample to learn more about this report 

• By Type Analysis

According to type, the market can be segmented into multi-stage electric lifting columns, two-stage electric lifting columns. Multi-stage electric lifting columns being the leading segment of the market by type analysis.

• By Application Analysis

Based on application, the market can be divided into medical use, commercial use, home use. Medical use being the leading segment of the market by application analysis.

Driving Factors

"Increasing Demand for Ergonomic Solutions to Drive the Market Growth"

The growing emphasis on workplace ergonomics and employee well-being is a significant driver for the electric lifting columns market. Employers are increasingly recognizing the importance of providing comfortable and safe working environments to enhance employee productivity and reduce the risk of work-related injuries. Electric lifting columns offer adjustable height settings, allowing workers to customize their working positions, resulting in improved comfort and reduced strain on the body.

"Automation and Industry 4.0 adoption to Drive the Market Development"

The adoption of automation and Industry 4.0 technologies across various industries is driving the demand for electric lifting columns. These columns can be seamlessly integrated into automated systems, allowing for efficient material handling, assembly line operations, and improved production processes. With the increasing focus on enhancing productivity and reducing manual labor, electric lifting columns play a crucial role in achieving automation goals.

Restraining Factors

"High Initial Cost of Implementation to Impede the Market Growth"

Electric lifting columns are advanced, technologically driven solutions, and their initial investment can be significant for some businesses, particularly small and medium-sized enterprises. Additionally, retrofitting existing infrastructure with electric lifting columns may require modifications and additional expenses, which can act as a deterrent for adoption. Moreover, the maintenance and operational costs associated with electric lifting columns can also pose challenges for businesses, especially those with limited resources. These advanced solutions often require regular inspections, servicing, and occasional repairs, which can add up over time. Additionally, specialized technical expertise may be necessary to handle any issues that arise, leading to the need for trained personnel or outsourcing maintenance services, further increasing expenses

Electric Lifting Columns Market Regional Insights

• 
• Request a Free sample to learn more about this report 

"Strong Presence of Industries in North America to Bolster the Market Development"

North America is a prominent market for electric lifting columns, primarily due to the strong presence of industries such as manufacturing, healthcare, and logistics. In the manufacturing sector, North America houses numerous large-scale production facilities, which require efficient material handling and assembly line operations. Electric lifting columns provide the necessary functionality to lift and move heavy loads, enhancing productivity and reducing the risk of work-related injuries. The focus on worker safety and ergonomics in North American industries further drives the demand for electric lifting columns, as these solutions offer adjustable height settings that promote proper working positions and reduce strain on employees' bodies. Moreover, the automation trend in North America contributes to the growing adoption of electric lifting columns. The region is at the forefront of Industry 4.0 practices, with an increasing number of businesses implementing advanced technologies to improve their operational efficiency.

The Asia Pacific region is experiencing rapid growth in the electric lifting columns market, driven primarily by the booming manufacturing sector in countries such as China, Japan, and South Korea. The region's manufacturing industry is known for its extensive production capabilities and global supply chain dominance. As businesses in Asia Pacific strive for operational excellence and cost efficiency, the adoption of automation and ergonomic solutions becomes imperative. Electric lifting columns offer a versatile solution for material handling, assembly line operations, and ergonomic workstations, aligning with the region's manufacturing objectives. Rising industrialization and urbanization in Asia Pacific also contribute to the increased deployment of electric lifting columns. As economies in the region experience significant growth, there is a corresponding demand for efficient logistics and distribution systems.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled Players

• Linak (Denmark)
• Phoenix Mecano (Switzerland)
• Jiecang (China)
• Thomson Industries (U.S.)
• Timotion (Taiwan)
• Suspa (Germany)
• Kaidi (China)
• Progressive Automations (Canada)
• LoctekMotion (China)
• MOVETEC Solutions (Germany)
• RICHMAT (China)
• X2 Technology (U.S.)
• Roemheld (Germany)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.