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Business-is-Booming-in-the-Big-Apple

Business is Booming in the Big Apple

By Elevator World | March 1, 2015

The elevator industry is keeping up with the challenges and reaping the rewards of increased tall-building construction in NYC. Tall-building construction in New York City (NYC) is at a historic high, and the elevator industry is reaping the rewards. The increased workload is not without its challenges, including having to comply with post-9/11 building and…

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Global-Interchanges

Global Interchanges

By Elevator World | March 1, 2015

NYC as Resurgent Skyscraper City The Council on Tall Buildings and Urban Habitat will stage its 2015 International Conference in New York City (NYC) on October 26-30. The conference title, “Global Interchanges: Resurgence of the Skyscraper City,” reflects the dramatic upsurge in skyscraper investment, design and construction that has occurred in the city in the…

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The-Elevator-Industry-in-India

The Elevator Industry in India

By Elevator World | September 1, 2014

This article is based on the report “The Future of Elevator Market in India to 2018” published by e-Research & Publications India Pvt. Ltd. of Chennai, India. The study provides a comprehensive analysis of the Indian elevator market and detailed forecasts through 2018. The full report is available at www.elevatorbooks.com. . . . Editor India…

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Bullish-on-Brazil

Bullish on Brazil

By Kaija Wilkinson | August 1, 2014

Urban migration and a growing middle class, not to mention the FIFA World Cup and 2016 Olympics, are fueling growth for vertical-transportation companies in South America’s largest market. Brazil’s demand for elevators and escalators recently surpassed 15,000 units annually[1], and that is expected to continue, thanks to urbanization and a growing middle class. Manufacturers such…

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Year-in-Review-Tall-Trends-of-2013

Year in Review: Tall Trends of 2013

By Daniel Safarik and Antony Wood | April 1, 2014

A small increase in 200-m-plus-tall building completions marks a return to upward trends. by Daniel Safarik and Antony Wood By all appearances, the small increase in the total number of tall-building completions from 2012 to 2013 is indicative of a return to the prevalent trend of increasing completions each year over the past decade. Perhaps…

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Market-Trends-Vietnam

Market Trends: Vietnam

By Kaija Wilkinson | March 1, 2014

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 from an agriculture- to an industry-based economy. Demand for elevators and escalators is on the rise as the country modernizes, and elevator manufacturers are laying…

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Africa-Power-Supply-Shortages-Create-Opportunities

Africa Power-Supply Shortages Create Opportunities

By Shem Oirere | February 1, 2014

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 to keep elevators running even when electricity is interrupted, commercial and industrial building owners and managers are increasing project costs to include an alternative power…

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Industry-Trends-Developments-in-China

Industry Trends, Developments in China

By Elevator World | December 1, 2013

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 on changes and trends in the industry. Nationwide Urbanization The nationwide urbanization process seems to be accelerating, which not only contributes to existing major cities’…

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AssoAscensori-Components-Committee-An-Initiative-to-Support-the-Italian-Industry

AssoAscensori Components Committee: An Initiative to Support the Italian Industry

By AssoAscensori | October 1, 2013

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 Italian industry of lifts and escalators. In this economic context, only exporting remains the driving force for growth (up 4.9% in 2012). Although more than…

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North-America-and-Mexico

North America and Mexico

By Kaija Wilkinson | October 1, 2013

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 place to build “up,” as its sometimes violent and corrupt history is being overshadowed by a quickly growing gross domestic product (GDP), burgeoning middle class…

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