Market Trends

Year in Review: Tall Trends of 2023

CTBUH report details a record-breaking year. submitted by CTBUH The year 2023 was a record-breaking one for tall building completions, with 177 buildings of 200 m or greater in height...

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...

Construction and model of corrosion-resistant steel elevator pit that received Green Technology Certification; image courtesy of DL Construction

DL Construction Develops Eco-Friendly Pit Technology

KWI's new Terminal 2 features an iconic design by Foster + Partners; image courtesy of TKE.

TKE Awarded 55-Unit PBB Contract at KWI

Qureshi

HYBON Names Qureshi Regional India Branch Manager

The booth saw strong footfall and was the setting for numerous engaging and insightful conversations; image courtesy of Inovance.

Inovance Reflects on Success at Asansör Istanbul 2025

minot news

North Dakota Courthouse Needs Elevator Replacement