Market Trends
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...
Japan in the Aftermath: How the Industry Handled “The Great Quake”
Editor’s Note:We committed to follow up on the report “Japan in the Aftermath: How the Industry Handled ‘The Great Quake’ – The State of Elevator and Escalator Restoration” (ELEVATOR WORLD,...
Elevator Production in Russia –A Look at the Russian and Hungarian Elevator Industries
A trip to a Moskow elevator factory sheds light on the countries’ reconstruction of more than 30-year-old buildings The economic crisis has been detrimental to elevator renovations and rebuilding in...
The Future City – A Study on Urban Development and Future Transportation Needs
The importance of combining horizontal and vertical transportation in growing cities by Elena Cortona and Frankie Schmid This paper was presented at USA 2012, the International Congress on Vertical Transportation...
