Market Trends
Transformative Construction Boom in KSA and U.A.E.
A look at major projects and what’s driving them by Ehtesham Ahmed The Middle East has been experiencing a transformative construction boom, especially in the Kingdom of Saudi Arabia (KSA)...
Holding Steady
EW survey of the North American VT industry reveals challenges and opportunities. ELEVATOR WORLD’s recent survey of the North American vertical-transportation (VT) market, conducted in late March, paints a picture...
Critical Situation
Russia needs to replace 100,000 elevators by 2025, but challenges loom. by Eugene Gerden The situation in the Russian elevator sector continues to deteriorate as ever-tightening sanctions and chronic underfunding...
A Tower of Success
Moroccan billionaire's dream transforms Africa's skyline. Othman Benjelloun is a Moroccan billionaire banker whose many investment ideas may have translated into reality over the years. But accomplishing his dream of...
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...