Market Trends
The Story of People Flow in Cities
KONE data looks at the impact of the pandemic on people flow in workplaces, hotels and more. submitted by KONEphotos courtesy of Financial Times Commercial department KONE, a global leader...
Above and Beyond
India’s hospitality industry redefines itself in the “new normal,” and VT plays a crucial role. Like all real estate segments, the hospitality industry was affected by the pandemic. The willingness...
Market Recovery
VT business in Spain and Portugal recovers to pre-pandemic levels. by Olga Quintanilla Marful The vertical-transportation (VT) market in Spain and Portugal closed 2021 with an approximate 3% recovery of...
Winds of Change
Ukrainian VT industry foresees sunny days ahead. Despite recent political unrest involving Russia, as well as the pandemic bringing many projects to a halt in 2020, the Ukrainian elevator market...
Global Elevators & Escalators
Credit Suisse analysts forecast the industry through the next decade. Credit Suisse analysts forecast the global elevator and escalator (E&E) industry to reach EUR100 billion (US$115.87 billion) in size by...
Elevators 2030 — A Global View
Your author takes a wide ranging, deep look at macro trends and their implications for VT. The symbiotic relationship between elevators and cities is well recognized and will likely endure...
Unlocking Africa’s R&D
African VT companies’ efforts to succeed in a crowded export market R&D among Africa-based vertical-transportation (VT) manufacturers and suppliers lacks access to capital and adequate government support and has a...
Land of Opportunity
Renewal of outdated housing among factors fueling elevator demand in Russia. Elevator manufacturers anticipate growth opportunities in the Russian market this year, thanks to ongoing economic recovery from the pandemic...
Market Updates: Germany and Austria
A look at each country’s economic situation and the impact on their VT sectors The German elevator industry has weathered the COVID-19 crisis well so far but is increasingly threatened...
The Path to Recovery
Africa shows potential to grow its freight elevator market. Increasing investment in infrastructure development and a fast-growing manufacturing industry have been the key drivers in Africa’s demand trends for both...
