Lifting Columns for Home Market

Market Overview

The Global Lifting Columns for Home Market Size is slated to grow substantially at a CAGR of approximately 5.4% during forecast period.

Lifting columns are also called as telescopic lifting devices and are made up of linear actuators with guides that allow stable vertical movement. The devices are operated by a motor unit concealed within the column. Lifting columns integrate linear drive and guidance systems to provide improved mechanical stability in both partial and full expansion.

The rising demand for height adjustment in the furniture, kitchen counters and other equipment in the house are driving the market of Lifting Columns for the Home Market. They are often used in office equipment such as desks, workstations, couches, tables, TV lifts, monitor stands and consoles with adjustability. The innovation and the technological advancements in the Lifting Columns such as Automation. Lifting columns are generally preferred by desk manufacturers. They allow users to easily adjust the height of their desk, which can be helpful for people of different heights or who want to switch between sitting and standing throughout the day.

The Height Adjustable beds are used at home if any user is suggested bed rest for comfort and convenience. The beds having lifting columns have slant lifters where the half bed can be lifted to a height. These kinds of beds are generally used in Hospitals. At home, the beds are preferred by the patients who are on bed rest. Lifting columns can also be used to raise and lower TVs. This can be helpful for people who want to be able to watch TV from different angles or who want to hide the TV when not in use.

The Market is driven by the increase in demand of high-tech furniture required for daily use in Houses.

Market Dynamics

Global Lifting Columns for Home Market Drivers

• Increasing Demand For Adjustable Furnitur

The demand for adjustable furniture is growing as people are more inclined towards convenience, comfort and productivity. Lifting columns allow the change in height of the furniture used in the houses to increase the comfort and the user can change the height of the furniture as per the requirement. The sofa sets which are manufactured nowadays can be converted into beds if required. The demand of this Furniture is increasing as it has two features in a single piece of furniture. It can be used as both Bed and Sofa as per the requirement. Lifting Columns also can change the height of the kitchen counters which makes it convenient and comfortable for the person working in the kitchen. The Lifting columns can also be used in the stands of the TV to adjust the height or to hide it when not in use.

• The Aging Population

The increase in aging population has become a good opportunity for the market to grow. Old people usually need adjustable furniture for their comfort. Due to the lifting columns present in the furniture the chances of back pain, leg pain in the aging population decreases. The Old people getting any sort of treatment at home can use the beds with lifting columns. The adjustment of the bed can give comfort to the patient. The lifting columns give them the option of sleeping and sitting for convenience.

Global Lifting Columns for Home Market Restraints

• High Cost of Furniture

The Furniture that used at home on daily basis needs to be comfortable and convenient to use. The furniture in which the lifting columns are incorporated are highly priced. This is due to the high cost required by the components used in the High-tech furniture. Automated furniture is even more costly. This may resist the buyers to buy the furniture with lifting columns. The manufacturers may avoid making any new innovations in the furniture due the buyer’s concern to pay. The affordability of the buyer to buy the furniture may be a restraint to the market mostly in the underdeveloped region where people have low incomes.

Market Scope

Segmental Analysis

Segmentation By Type

• Number of Stages

There are two types of lifting columns i.e., Single-stage and multi-stage. Multi-stage columns have multiple motors that work together to raise and lower the furniture or equipment. The furniture or equipment having multistage columns provide more height options to the user. For example, A table having multistage lifting column can be raised or brought down to more height options. It is operated by multiple motors to raise and lower the height. It is generally expensive than the single staged lifting columns. While the single staged lifting Columns have only a single option of height change. Single-stage columns have a single motor that raises and lowers the furniture or equipment. The single staged columns usually have lower prices.

• Weight Capacity

Lifting Columns can come in variety of types based on the weight that it can bear. The manufacturers have to choose the lifting columns according to the weight of the furniture or equipment in which it is to be incorporated. The heavy equipment’s such as beds, Chairs need lifting columns which can bear more weight so that it does not break by overweight. If the lifting columns are incorporated to lift lower weight equipment’s like TV it needs relatively less weight bearing capacity. The lifting columns which have more weight bearing capacity have higher prices as compared to the Lifting columns used in low weight bearing Lifting columns.

Segmentation By Application

• Adjustable Desks

Lifting columns are more frequently used in the adjustable desks. The desks or study tables required by the small children at home have the option of adjusting the height. The adjustable heights of these desks allow people of different height to use the table. The Lifting columns are used for the convenience of the user. The dining tables used in many houses consist of the height adjusting feature in it. This feature provides more options of height to the user and are generally expensive than the normal tables which do not have the height lifting options. The height of the desk can be raised vertically and slanting option is also available.

• Kitchen Counters

The option of height lifting in the Kitchen Counter makes it convenient for the person with different height to work in the kitchen. This is most useful for the women with old age who have knee pain. The height change option in the kitchen counter provides the option of sitting and standing both. The people with less height have difficulty to reach the countertops. The height lifting columns incorporated in the furniture of the kitchen can make it convenient for the user by providing height options in the countertop. The increase in demand for convenience and the ability of the population to pay for such advanced furniture drives the Market of the Lifting columns.

• TV Lifts

The Lifting columns used in the TV Lifts are mostly low weight bearing columns. Using the TV lifts can provide an option of adjusting the height of the TV. The people having neck pain or people with less height or small children may find it difficult to watch the TV when it is kept at greater height, the height adjusting feature of the TV Lifts makes people comfortable while watching TV. The TV can be lifted up when not in use.

Regional Analysis

The Global Lifting Columns for Home Market is segmented by region as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.

North America

North American region holds the major share in the lifting columns market owing to changes in lifestyle and consumer buying behavior of the individuals in the region. The frequency of purchasing automated furniture in the region is more as compared to other regions. As the furniture market in the U.S. is expected to grow at 4.5% the demand for furniture is rising due to the consumers who are ready to pay higher prices for the furniture. The Canadian furniture industry is one of the world's top ten furniture producers. Due to the channelized process of production, distribution, and selling and increasing demand for household furniture the market of furniture is growing. This is a good opportunity for the Lifting Columns Market to grow in the region as it is used in household furniture.

Europe

The home furnishings market in France has been growing again. The decline in the housing, real estate, and construction markets, led to a decline in home furnishings. The region is showing growth in the furniture market due to consumers taking advantage of bargain prices. Spain is one of the largest European furniture manufacturing countries. Developments in manufacturing technology and increase in demand for customizable furniture are the key factors that drive the growth of the Spain furniture market. Rising demand of renovation and remodeling projects in residential sectors enhance the Spain furniture market. This market growth can lead the market growth of the Lifting columns markets used for household furniture advancements.

Asia Pacific

The production side of the Chinese furniture industry accounts for nearly 40% of the world’s furniture production. Urbanization, increasing real estate development, strong growth in GDP, economic stability in the country is some of the other major factors leading to the growth of the furniture industry in China. The Indian Home furniture market size is expected to grow at a faster rate in upcoming years. The growth in the infrastructure sectors, like real estate and tourism, is also responsible for the increased demand for commercial furniture in India. There is overall good growth in the market which leads to the growth in Lifting Column for Home Market as the demand for automated furniture is increasing as the population is able to pay higher amounts for the luxury furniture.

South America

The furniture industry in Brazil has evolved recently, due to the factors such as the opening of the economy to foreign trade, expansion of the domestic market, and new consumers gaining access to the market. The average price of the furniture is also increased. As the region is not economically stable, they may avoid purchasing luxury Furniture. This can be a restraint for the growth of the market of lifting columns in the region.

Middle East and Africa

The improvement of people's living standards will inevitably lead to a large demand for home improvement and consumer goods. Furniture, as a necessity for home is selling well in Africa, with rich profits and broad market prospects.

Key Players

1. Linak
2. Phoenix Mecano
3. LoctekMotion
4. Jiecang
5. Thomson Industries
6. Timotion
7. Suspa
8. Kaidi
9. Progressive Automations
10. MOVETEC Solutions