Market Overview:
The global electric lifting columns market is expected to grow at a CAGR of 5.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for electric lifting columns from various end-use industries, such as medical, industrial, and home use. In addition, the growing awareness about safety and ergonomics is also propelling the growth of this market. Based on type, the global electric lifting columns market can be segmented into multi-stage lifting columns and two-stage lifting columns.
Product Definition:
Electric lifting columns are the perfect solution for a wide variety of applications that require the reliable and precise movement of loads. They are ideal for use in material handling, machine tooling, and many other industrial applications.
Multi-stage Lifting Columns:
Multi-stage lifting columns are used in electric lifting columns market. It is a device that consists of several mechanical components including an arm, boom, and platform. The boom is raised or lowered using an electrical motor connected to it. The mechanism works as follows: First the platform is lifted by the arm; then after some time the weight of load being carried by the boom causes it to drop back down again making sure that there’s no damage to either component.
Two-stage Lifting Columns:
The two-stage lifting columns are used in electric lifting columns. The two-stage column consists of a base stage and an upper stage. The weight of the object to be lifted is transferred from the lower to the upper stage by way of a lever mechanism, which can be manually operated or automatically activated through power sources such as electric motor.
Advantages: Two-stage Lifting Columns have several advantages over single-stage ones, which include greater capacity.
Application Insights:
The industrial use segment dominated the global electric lifting columns market in 2017. The segment is expected to witness significant growth over the forecast period owing to rising demand for automation solutions in industries such as oil & gas, chemical, manufacturing, and logistics. Furthermore, technological advancements and new product launches are further anticipated to boost industry growth over the coming years.
Medical use of electric lifting columns is projected to grow at a CAGR of XX% from 2018 to 2030 owing to increasing adoption across hospitals and healthcare facilities worldwide. These devices help reduce fatigue while working overhead which helps improve efficiency during long shifts or multiple days in a row. This factor alone is likely drive their demand significantly over the forecast period especially when coupled with advanced technology products that offer enhanced performance capabilities for clinical applications at minimal costs involved overall device cost per usage minute (CUPM).
Regional Analysis:
North America dominated the global market in 2017 owing to the presence of a large number of electric lifting columns manufacturers and suppliers. The region is expected to maintain its dominance over the forecast period as well. This can be attributed to increasing demand for technologically advanced products along with growing healthcare industry in this region.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to rising demand from various application industries for electric lifting columns equipment, such as medical use, industrial use, home use and others. Increasing population coupled with rapid urbanization has led governments across countries in Asia Pacific region into building more hospitals & clinics which will further drive product demand during the forecast period to 2030. In addition, economic development has also driven several manufacturing industries that require machinery for production processes; thereby driving product adoption across countries such as China and Japan during same time frame mentioned above).
Growth Factors:
- Increasing demand for electric lifting columns in the automotive and transportation industry for handling and moving heavy loads.
- Growing demand from the construction sector for electric lifting columns to move heavy loads during construction and renovation projects.
- Rising popularity of automated storage and retrieval systems (ASRS) that use electric lifting columns for vertical movement of goods within warehouses and distribution centers.
- Increasing adoption of electric lifting columns in material handling applications across various industries due to their energy-efficient operation as compared to traditional hydraulic cylinders or pneumatic actuators .
Scope Of The Report
Report Attributes
Report Details
Report Title
Electric Lifting Columns Market Research Report
By Type
Multi-stage Lifting Columns, Two-stage Lifting Columns
By Application
Medical Use, Industrial Use, Home Use, Others
By Companies
Hettich, Linak, Phoenix Mecano, Thomson, Timotion, Dewertokin, Hoerbiger, Ketterer, Roemheld, Suspa, X2 Technology
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
233
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Electric Lifting Columns Market Report Segments:
The global Electric Lifting Columns market is segmented on the basis of:
Types
Multi-stage Lifting Columns, Two-stage Lifting Columns
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Medical Use, Industrial Use, Home Use, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hettich
- Linak
- Phoenix Mecano
- Thomson
- Timotion
- Dewertokin
- Hoerbiger
- Ketterer
- Roemheld
- Suspa
- X2 Technology
Highlights of The Electric Lifting Columns Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Multi-stage Lifting Columns
- Two-stage Lifting Columns
- By Application:
- Medical Use
- Industrial Use
- Home Use
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Electric Lifting Columns Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Electric lifting columns are a type of industrial machinery that use electric motors to lift objects. They are commonly used in warehouses and factories to move large items, such as boxes or crates.
Some of the major players in the electric lifting columns market are Hettich, Linak, Phoenix Mecano, Thomson, Timotion, Dewertokin, Hoerbiger, Ketterer, Roemheld, Suspa, X2 Technology.
The electric lifting columns market is expected to grow at a compound annual growth rate of 5.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Electric Lifting Columns Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Electric Lifting Columns Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Electric Lifting Columns Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Electric Lifting Columns Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Electric Lifting Columns Market Size & Forecast, 2018-2028 4.5.1 Electric Lifting Columns Market Size and Y-o-Y Growth 4.5.2 Electric Lifting Columns Market Absolute $ Opportunity
Chapter 5 Global Electric Lifting Columns Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Electric Lifting Columns Market Size Forecast by Type
5.2.1 Multi-stage Lifting Columns
5.2.2 Two-stage Lifting Columns
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Electric Lifting Columns Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Electric Lifting Columns Market Size Forecast by Applications
6.2.1 Medical Use
6.2.2 Industrial Use
6.2.3 Home Use
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Electric Lifting Columns Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Electric Lifting Columns Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Electric Lifting Columns Analysis and Forecast
9.1 Introduction
9.2 North America Electric Lifting Columns Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Electric Lifting Columns Market Size Forecast by Type
9.6.1 Multi-stage Lifting Columns
9.6.2 Two-stage Lifting Columns
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Electric Lifting Columns Market Size Forecast by Applications
9.10.1 Medical Use
9.10.2 Industrial Use
9.10.3 Home Use
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Electric Lifting Columns Analysis and Forecast
10.1 Introduction
10.2 Europe Electric Lifting Columns Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Electric Lifting Columns Market Size Forecast by Type
10.6.1 Multi-stage Lifting Columns
10.6.2 Two-stage Lifting Columns
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Electric Lifting Columns Market Size Forecast by Applications
10.10.1 Medical Use
10.10.2 Industrial Use
10.10.3 Home Use
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Electric Lifting Columns Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Electric Lifting Columns Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Electric Lifting Columns Market Size Forecast by Type
11.6.1 Multi-stage Lifting Columns
11.6.2 Two-stage Lifting Columns
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Electric Lifting Columns Market Size Forecast by Applications
11.10.1 Medical Use
11.10.2 Industrial Use
11.10.3 Home Use
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Electric Lifting Columns Analysis and Forecast
12.1 Introduction
12.2 Latin America Electric Lifting Columns Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Electric Lifting Columns Market Size Forecast by Type
12.6.1 Multi-stage Lifting Columns
12.6.2 Two-stage Lifting Columns
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Electric Lifting Columns Market Size Forecast by Applications
12.10.1 Medical Use
12.10.2 Industrial Use
12.10.3 Home Use
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Electric Lifting Columns Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Electric Lifting Columns Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Electric Lifting Columns Market Size Forecast by Type
13.6.1 Multi-stage Lifting Columns
13.6.2 Two-stage Lifting Columns
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Electric Lifting Columns Market Size Forecast by Applications
13.10.1 Medical Use
13.10.2 Industrial Use
13.10.3 Home Use
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Electric Lifting Columns Market: Competitive Dashboard
14.2 Global Electric Lifting Columns Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hettich
14.3.2 Linak
14.3.3 Phoenix Mecano
14.3.4 Thomson
14.3.5 Timotion
14.3.6 Dewertokin
14.3.7 Hoerbiger
14.3.8 Ketterer
14.3.9 Roemheld
14.3.10 Suspa
14.3.11 X2 Technology