Market Trends
Market Trends: Vietnam
As its economy continues to industrialize, the small nation with a rich past and bright future offers many opportunities Culturally rich, densely populated and financially healthy, Vietnam continues to shift...
Africa Power-Supply Shortages Create Opportunities
Unexpected power outages in Africa have opened a new market for power-backup solution providers while making recent innovations by elevator makers, such as solar-powered units, more desirable. In an effort...
Industry Trends, Developments in China
Your reporter paid visits to some of the leading manufacturers in the Chinese elevator industry while on assignment for ELEVATOR WORLD. These face-to-face talks provided an opportunity to gather information...
AssoAscensori Components Committee: An Initiative to Support the Italian Industry
by AssoAscensori The ANIE (Italian Federation of electrotechnical and electronic companies) Economic Department estimates a total turnover of approximately EUR2.5 billion (US$3.3 billion) at the end of 2012 for the...
North America and Mexico
A modest upswing in tall-building construction is giving the North American elevator industry a sense of optimism. Meanwhile, south of the border, Mexico is gaining a reputation as a viable...
The Lift Market in Germany
The past three years in Europe were dominated by the Eurozone crisis and the various bailout packages to overcome the governmental debt crisis in many Eurozone countries. Gross domestic product...
South Korea: Asia’s Growing Giant
With the 12th-largest economy in the world,[1] South Korea has enticed all the major elevator companies and many independents to operate within its borders. According to Ilsub Choi, general manager...
Rail Development to Expand Africa’s Vertical-Transportation Market
The increased construction of modern rail systems and upgrading of existing networks in Africa, due to the growing population and freight volumes, is creating opportunities for vertical-transportation companies. It is...
Year in Review: Tall Trends of 2012
This 2012 review covers completed towers around the world, as well as construction trends the building industry can expect to see. Cover photo by Marc Tey by Kevin Brass, Dr....
Africa: A Growing Continent
The continent showed signs of economic growth in 2012, and recovery is expected to continue throughout this year. Overview Africa is the second-largest continent, after Asia, and second-most-populous continent, with...
