Market Trends
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...
Taking the Pulse
The results of EW’s recent industry survey are revealed. In June, Elevator World, Inc., conducted a 21-question survey to assess the state of the industry a year-and-a-half into the coronavirus...
The Sunny Side
Resilient, vibrant and growing, the region is treating VT companies well. Before the pandemic, TK Elevator’s (TKE) MAX cloud-based predictive-maintenance tool used data from more than 85,000 connected elevators throughout...
Ethiopia: Emerging Market in the Horn of Africa
Solid economic foundation lays the groundwork for growth in construction and, in turn, the VT industry. Ethiopia, the Horn of Africa country formerly known as Abyssinia, stands out among nations...
An Uphill Climb
Myriad hurdles to achieving “Made in Africa” lifts by Shem Oirere, EW Correspondent Africa’s vertical-transportation (VT) industry continues to rely on imported components to meet market demand, with some local...
South Africa
VT growth made possible by a set of economic sectors remaining on a growth trajectory. A trend where old buildings in South Africa’s major cities are getting renovated and upgraded...
COVID-19 Impact, Outlook
Second industry survey reflects shift to positivity. Elevator World, Inc., the German elevator association VFA Interlift e.V. and fair organizer AFAG, in association with Credit Suisse, recently shared results of...
Working Through the Challenges
Otis earnings call reveals winners, losers and opportunities. At the midpoint of an unprecedented year, executives at Otis provided a look at what the future holds during a conference call...
COVID-19 Impact, Outlook
Industry survey received nearly 600 responses worldwide. Elevator World, Inc., the German elevator association VFA Interlift e.V. and fair organizer AFAG, in association with Credit Suisse, recently shared results of...
