1 Global Electric Lifting Columns Market Insight Analysis
The global electric lifting columns market is valued at USD 814.64 million in 2024, with a CAGR of 8.12% from 2024 to 2033.
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.
Figure Global Electric Lifting Columns Market Size (M USD) and CAGR (2024-2033)
2 Electric Lifting Columns Market Growth Drivers and Restraints
Downstream demand growth: Electric lifting columns are widely used in many fields such as medical, commercial, and household. The continuous growth of downstream market demand is the key driving force for its market development. In the medical field, hospital beds use electric lifting columns to facilitate patients to freely adjust their body positions, improve comfort, and help patients relax and recover.
This practical demand has prompted medical equipment manufacturers to increase their purchases of electric lifting columns, which has promoted the development of the market. In the commercial field, height-adjustable office desks are widely used to meet the needs of different work scenarios and employees, improve work efficiency, and are favored by many companies, thus driving the growth of demand for electric lifting columns in the commercial office furniture market.
Product advantages are outstanding: Electric lifting columns have many advantages, making them more and more popular in the market. It has good adjustability. Through electric linear actuators, the height can be adjusted manually or remotely to meet the personalized needs of different users. Moreover, it has a small footprint and can adapt to various space environments. It can also be flexibly installed and used in places with limited space.
In addition, electric lifting columns have low noise, fast speed and stability during operation, which not only improves the user experience, but also maintains accuracy during operation and accurately executes the set program. These advantages have gradually replaced traditional pneumatic or hydraulic tools, and the scope of application has been continuously expanded, which has promoted the growth of the market.
Difficulty in technological breakthroughs: After years of development, the technology of electric lifting columns is relatively mature, and it can meet the basic needs of many fields in terms of stability and load-bearing capacity. However, this also makes it difficult to achieve breakthrough technological changes to change the market structure.
For manufacturers, the difficulty of technological breakthroughs has increased, the cost of research and development has increased, and the research and development cycle of new technologies is long and the risk is high. Even if a lot of resources are invested in research and development, it may not be possible to achieve significant technological results in the short term, and it is difficult to meet the market’s expectations for further improvement of product performance, which to a certain extent limits the rapid development of the market.
High product prices: Since electric lifting columns have high requirements for raw materials to ensure that they have sufficient load-bearing capacity and a long service life, the cost of raw materials remains high, which in turn leads to relatively expensive product prices. The prices of downstream products including electric lifting columns have also increased accordingly, which has a certain inhibitory effect on consumers’ willingness to buy and limits the further expansion of the market. In some markets or customer groups that are more sensitive to prices, higher prices have become an important concern when they choose products, and they may turn to lower-priced alternatives, affecting the demand growth in the electric lifting column market.
3 Technological Innovations in the Electric Lifting Columns Market
Technological innovation: With the continuous development of global industrial technology, the product technology of the electric lifting column industry is also continuously evolving. In terms of stability, by improving the structural design and using better materials, the mechanical stability of the product in the partially and fully extended positions has been enhanced, reducing shaking and displacement, and improving the safety of use.
The load-bearing capacity has also been significantly improved, which can meet more high-load application scenarios. For example, some industrial production equipment and large medical machinery have high requirements for the load-bearing capacity of the lifting column. Technological innovation enables it to better adapt to these needs.
In terms of service life, technological improvements have extended the service life of key components and reduced maintenance costs and replacement frequency. For example, the new motor and transmission system design improves the durability of electric lifting columns and reduces the probability of failure. In addition, technological innovation is also reflected in the intelligent development of products. Some electric lifting columns are equipped with intelligent control systems, which can realize remote operation, height memory, automatic sensing and other functions, improve user experience, and meet the market demand for intelligent products.
Corporate mergers and acquisitions: Corporate mergers and acquisitions are one of the important dynamics of the electric lifting column market. Take Phoenix Mecano as an example. In September 2020, it acquired the component division of BEWATEC Kommunikationstechnik GmbH, which gave it the opportunity to enter the field of digital hospital infrastructure and enhance its expertise in software development. The merger of the BEWATEC Group and Phoenix Mecano’s existing DewertOkin business has formed a professional center for the development of medical application software. This move will help Phoenix Mecano gain a more advantageous position in the electric lifting column market in the medical field and expand its market share.
Linak opened a new factory in Thailand in March 2021, initially focusing on supporting the DESKLINE business in the Asia-Pacific region and the United States. With the increase in demand and the launch of new products, it plans to gradually expand its product supply in Asia. The establishment of the new factory is based on advanced production technology and lean manufacturing concepts, which can be closer to customers, provide high-quality actuator systems and reliable services, enhance Linak’s competitiveness in the global market, and also reflect the company’s strategic layout of adapting to market development needs through expansion.
The mergers, acquisitions, restructuring and expansion activities of these companies have not only changed the development trajectory of the companies themselves, but also affected the competitive landscape of the entire market, promoting the optimal allocation of market resources and the integrated development of the industry.
4 Global Electric Lifting Columns Market Size by Type
Multi-stage Electric Lifting Columns are designed to provide higher lift heights and greater load-bearing capacity compared to their two-stage counterparts. These columns are widely used in applications requiring significant vertical movement and stability, such as hospital beds, surgical tables, and adjustable desks in commercial settings. In 2024, the revenue generated from Multi-stage Electric Lifting Columns is projected to reach $535.66 million USD. This segment is expected to hold approximately 65.75% of the total market revenue share in 2024.
The growth in revenue for Multi-stage Electric Lifting Columns can be attributed to several factors. Firstly, the increasing demand for ergonomic solutions in the healthcare and commercial sectors is driving the adoption of these columns. For instance, in healthcare facilities, adjustable hospital beds equipped with multi-stage lifting columns provide enhanced patient comfort and ease of use for medical staff. Additionally, the growing trend of ergonomic workspaces in offices is fueling the demand for multi-stage columns in adjustable desks, which can accommodate users of varying heights and promote better posture.
Two-stage Electric Lifting Columns, while offering a more compact design, are typically used in applications with lower lift height requirements. These columns are commonly found in home furniture, such as adjustable tables and chairs, and in some commercial settings where space is limited. In 2024, the revenue from Two-stage Electric Lifting Columns is expected to reach $278.99 million USD, accounting for approximately 34.25% of the total market revenue share.
The market for Two-stage Electric Lifting Columns is driven by the increasing popularity of smart home technologies and the growing focus on ergonomic solutions in residential settings. As consumers become more aware of the benefits of adjustable furniture, the demand for two-stage columns is expected to rise. Additionally, the lower cost and simpler design of two-stage columns make them an attractive option for budget-conscious buyers, further contributing to their market growth.
Table Global Electric Lifting Columns Market Size by Type in 2024
Type | Market Size (M USD) 2024 |
|---|---|
Multi-stage Electric Lifting Columns | 535.66 |
Two-stage Electric Lifting Columns | 278.99 |
5 Global Electric Lifting Columns Market Size by Application
In 2024, the medical use segment is expected to have a market revenue of approximately $306.63 million. Electric lifting columns play a crucial role in medical equipment such as operating tables, surgical chairs, and hospital beds. Their ability to adjust the height and position of these medical devices provides convenience for patients and medical staff, improving the quality of medical care. This segment has been growing steadily due to the increasing demand for advanced medical equipment and the focus on patient comfort.
The commercial use segment is projected to reach a market revenue of about $224.25 million in 2024. In the commercial sector, electric lifting columns are widely used in height – adjustable work desks, office chairs, and other commercial furniture. With the growing trend of ergonomic workspaces and the need for flexible working environments, the demand for electric lifting columns in this segment has been on the rise. Companies are investing in furniture that can enhance employee productivity and well – being, and electric lifting columns offer the perfect solution.
The home use segment is expected to generate a market revenue of around $112.12 million in 2024. Electric lifting columns are used in a variety of home furniture, such as sofas, tables, and kitchen worktops. They provide convenience and comfort for homeowners, allowing them to adjust the height of furniture according to their needs. The increasing popularity of smart home devices and the desire for more functional furniture have contributed to the growth of this segment.
Table Global Electric Lifting Columns Market Size by Application in 2024
Application | Market Size (M USD) 2024 |
|---|---|
Medical Use | 306.63 |
Commercial Use | 224.25 |
Home Use | 112.12 |
Others | 171.64 |
6 Global Electric Lifting Columns Market Size by Region
In 2024, North America is expected to have a market revenue of approximately $189.18 million. The North American market has been growing steadily, supported by a strong economy, high awareness of ergonomic products, and a well – developed healthcare and commercial sectors. The region has a large number of consumers who are willing to invest in high – quality products, which has led to a growing demand for electric lifting columns in various applications.
Europe is projected to reach a market revenue of around $329.22 million in 2024. Europe has a long – standing tradition of innovation and a high demand for advanced manufacturing products. The region’s well – established furniture and healthcare industries are major consumers of electric lifting columns. Moreover, strict regulations regarding workplace safety and ergonomics have further fueled the demand for products that can improve working conditions, such as electric lifting columns.
China is expected to have a market revenue of about $242.87 million in 2024. The Chinese market has been growing rapidly in recent years, driven by its booming economy, increasing industrialization, and a large consumer base. The government’s support for the development of high – tech industries and the growing demand for smart and ergonomic products in both commercial and home sectors have contributed to the expansion of the electric lifting columns market in China. Chinese manufacturers have also been actively investing in research and development, improving product quality and competitiveness.
Japan is estimated to have a market revenue of around $15.63 million in 2024. Japan’s market is characterized by a high level of technological sophistication and a focus on quality products. The country’s aging population has increased the demand for medical and home – care products equipped with electric lifting columns. Additionally, the Japanese manufacturing industry’s emphasis on precision and innovation has led to the development of high – quality electric lifting columns for various applications.
Figure Global Electric Lifting Columns Market Size (M USD) by Region in 2024
7 Global Electric Lifting Columns Market Analysis by Major Players
Linak
Company Introduction and Business Overview:
Linak is a leading global manufacturer of electric actuation solutions, founded in 1907 and headquartered in Denmark. The company has a strong international presence with manufacturing bases in Denmark, China, the USA, Thailand, and Slovakia. Linak is renowned for its commitment to improving people’s quality of life through innovative actuator solutions.
Linak specializes in providing electric actuation systems that enhance comfort and efficiency in various applications. Their products are used in medical equipment, office furniture, industrial machinery, and smart home solutions. The company’s focus on innovation and quality has positioned it as a market leader, with a significant share of the global Electric Lifting Columns market. In 2021, Linak accounted for 18.40% of the market revenue.
Products:
Linak offers a wide range of electric lifting columns, including multi-stage and two-stage columns. Their flagship product, the DESKLINE® DL2, is designed for height adjustment in workbenches, desks, and kitchens. It features a robust design, capable of lifting high loads with a maximum thrust of 2,500 N. Linak’s products are known for their reliability, durability, and ease of integration into various applications.
Phoenix Mecano
Company Introduction and Business Overview:
Phoenix Mecano AG is a Swiss technology company founded in 1975, with its headquarters in Stein am Rhein, Switzerland. The company operates globally and is divided into three main divisions: DewertOkin Technology Group, Industrial Components, and Enclosure Systems. Phoenix Mecano is recognized for its expertise in manufacturing enclosures and components for industrial uses.
Phoenix Mecano is a leading provider of electric lifting columns and related components, catering to various industries such as healthcare, office furniture, and industrial automation. The company’s products are known for their high quality and reliability, making them a preferred choice for applications requiring precise and stable movement. In 2021, Phoenix Mecano held a market revenue share of 14.86%.
Products:
Phoenix Mecano’s product portfolio includes the Multilift series, which features two-stage lifting columns designed for continuous height adjustment in tables, equipment, and assembly workstations. These columns offer a maximum travel of 498 mm, a compressive force of 3,000 N, and a tensile force of 1,000 N. The company also provides specialized drive controls for synchronous operation, ensuring smooth and reliable performance.
Timotion
Company Introduction and Business Overview:
Timotion, founded in 2005, is a leading provider of electric linear actuators and lifting columns. The company is headquartered in China and has a strong presence in Asia, Europe, and the Americas. Timotion is known for its high-quality, competitively priced products that cater to the medical, furniture, ergonomic, and industrial markets.
Timotion specializes in custom actuator solutions, focusing on innovation and reliability. Their products are designed to meet the evolving needs of various industries, from healthcare to smart home applications. Timotion’s commitment to quality and customer satisfaction has helped it secure a significant market share, accounting for 12.44% of the global Electric Lifting Columns market revenue in 2021.
Products:
Timotion’s product portfolio includes the TL3 Series lifting columns, which are designed for stability and high load capacity. These columns feature three-stage construction with a maximum load capacity of 4,000 N and a stroke length of up to 1,200 mm. The TL3 Series is ideal for applications such as medical exam chairs and adjustable workstations. Timotion’s products are known for their durability, precision, and ease of integration into various systems.