By 2028,the Global Lifting Columns Market Size is Estimated to be USD 1150.5 Million

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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. Lifting columns integrate linear drive and guidance systems to deliver enhanced mechanical stability in partial and fully extended positions.

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Due to COVID-19 pandemic, the global Lifting Columns market size is estimated to be worth US$ 717.5 million in 2021 and is forecast to a readjusted size of USD 1150.5 million by 2028 with a CAGR of 7.0% during forecast period 2022-2028.

On the basis of product type, Two-stage Lifting Columns segment is projected to account for the largest sales volume market share during the forecast period; this segment was estimated to account for 62.77% share in 2021 in terms of volume.

In the applications, Commercial Use and Medical Use segment were estimated to account for the highest market share in the past few years in terms of volume.

For the major players of Lifting Columns, Linak maintained its first place in the ranking in 2020, followed by Phoenix Mecano, LoctekMotion, Jiecang and Thomson Industries. Top 5 players accounted for 56% of the Global Lifting Columns revenue market share in 2021.

In this study, the sales market for Lifting Columns was divided into five geographic regions. Asia-Pacific occupied the largest sales market share with 41.15% in 2021. It is followed by Europe and North America respectively.

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