Market Trends

More Questions Than Answers

Russian elevator sector is experiencing tough times. The Russian elevator sector is experiencing tough times as sanctions and the country’s ever-growing isolation in the international arena puts serious pressure on...

A Growth That Continues To Rise

The elevator market in Spain registers a new increase in its value, exceeding 2.6 billion euros. The turnover of Spanish companies belonging to the vertical-transportation industry amounted to EUR2.625 billion...

Shakeup in Southern Africa

Zambia real estate investor acquires new commercial properties, boosting elevator maintenance market. Zambia, a landlocked country in southern Africa, expects a major shakeup in its commercial and non-commercial property segment,...

‘Green’ Drivers and Strategies

Consultancy provides in-depth analysis and projections for a wide range of real estate sectors. submitted by CBRE South Asia Pvt. Ltd. At the Confederation of Indian Industry (CII) Realty 2023...

Where Are All the Startups?

Israel’s elevator conundrum Editor’s note: This article was written prior to Hamas’ attack on Israel. Known as the “Start-up Nation,” Israel has been at the forefront of technological advancement, boasting...

A Look at M&A Trends

Your author examines the “roller-coaster ride” of the past three years. by Dominik Sachsenheimer The world of Mergers & Acquisitions (M&A) has experienced a roller coaster ride over the past 36...

Hilton’s Evolving Kenyan Story

Nairobi’s hospitality industry drives VT growth. by Shem Oirere, EW Correspondent  American multinational hospitality company, Hilton Worldwide Holdings Inc., has recently served the East Africa vertical-transportation (VT) industry with both...

State of the U.S. Elevator Industry 2023

Survey reflects challenges, but also progress and determination. Nearly 100 vertical-transportation (VT) professionals responded to a survey ELEVATOR WORLD conducted in May to gather feedback on the current state of...

South Africa’s Smart City Dreams

Country’s urbanization and population trends drive demand for VT.  South Africa’s evolving urbanization story will likely include several chapters on the continuing transformation of the country’s vertical-transportation (VT) industry, which...

Europe, Germany and Switzerland

In-depth discussions provide insight on the respective economies and the impacts on the elevator industry.  Traditionally, every year a report on the elevator and escalator markets in Europe's German-speaking countries...

U.A.E.’S NATIONAL ELEVATOR APPROACHES 40TH ANNIVERSARY

U.A.E.’s National Elevator Approaches 40th Anniversary

The tradeshow floor at the 2023 edition of GEE Milano; image courtesy of Fiera Milano S.p.A.

GEE Milano to Focus on Modernization, Software and More

Chmielewski

In Memoriam: Ed Chmielewski

The building is being completely gutted and historical elements carefully preserved; photo by Brock Glenn.

G-Tech Elevator Rises to Challenge at Flatiron Building

TREVOR RODRICKS PASSES AWAY

Otis Veteran Trevor Rodricks Passes Away