Market Trends
Baltic Elevator Market
Set for growth this year despite ongoing military escalation in Eastern Europe The elevator market of the Baltic states of Latvia, Lithuania and Estonia is steadily developing despite the ongoing...
Smooth Sailing
Hernani-headquartered global VT player Orona reports growth despite challenges at annual meeting in San Sebastián. submitted by Orona Hernani, Spain-headquartered Orona, Europe’s fifth-largest player in vertical-transportation (VT) solutions, held its...
“Iconic” Opportunities
A closer look at Egypt’s construction boom and what it means for VT companies Egypt’s construction industry has defied the debilitating effects of COVID-19 to sustain ongoing government-sponsored megaprojects —...
Next Generation EU
Leveraging the RRF for the European lift industry The Recovery and Resilience Facility (RRF) is the key instrument at the heart of the NextGenerationEU initiative to help the European Union...
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...
