Elevator Industry Launches Fifth COVID-19 Survey

Elevator World, Inc.; the German elevator association VFA Interlift e.V.; and fair organizer AFAG, in association with Credit Suisse, are launching a fifth survey of elevator industry representatives on current industry status and anticipated effects of the COVID-19 pandemic on business. Results of the fourth survey were released in early June and revealed that outlook improved to net positive and employment prospects remained healthy, while assessment of the competitive situation remained unchanged. The survey received nearly 400 responses, compared with 600 in the third iteration, 572 in the second and 550 in the first. For the fourth iteration, Credit Suisse Managing Director and Head of European Capital Goods Equity Research André Kukhnin assisted with preparation of a chart analysis, including breakdowns by country, of the results, including responses on the risk of rising raw materials costs to businesses in 2021.To participate in the latest survey, click here.