Market Trends
GEE 2025 Returns, Launches Observatory
Milan International Building Alliance (MIBA) announced the Global Elevator Exhibition (GEE) 2025 will take place on November 19-21, 2025, at Fiera Milano in Milan, Italy. Also announced, MIBA and Politecnico...
India’s Senior Living Housing Sector to Rise Over 300% by 2030: JLL — Asli Report.
India’s senior population — defined as individuals age 60 and above — is poised to more than double, from 156.7 million in 2024 to 346 million by 2050. This demographic...
NAREDCO Maharashtra and 1 Finance Unveil Comprehensive Study
1 Finance, a financial services institution focused on the personal finance space in India, collaborated with National Real Estate Development Council (NAREDCO) Maharashtra NextGen as the Research Partner for Excelerate 3.0....
KONE CEO: Digitalization and Sustainability Hold Promise in China
KONE CEO Philippe Delorme said the Finland-based OEM plans to further invest in China, particularly in the areas of digitalization and sustainability, which he described as the most important elevator...
Direct-Entry Residential Elevators Gaining Popularity in the U.S.
A symbol of privacy, exclusivity and efficiency, direct-entry elevators to transport residents straight to their homes in luxury towers are gaining popularity in the U.S., says the architect who pioneered...
Global IoT Elevator Market Expected To Continue To Grow
Fact.MR forecasts the global Internet of Things (IoT) elevator market is set to reach US$93.9 billion by the end of 2022-2032 with a compound annual growth rate (CAGR) of 13.4%....
Nigeria Urbanization Surge Increases VT Demand
Engr. Oluwole Dada, vertical transportation (VT) manager, Building Services Division, at PPC Ltd. has noted that recent challenges in Nigeria have brought to light the need for innovation and excellence...
VDMA: German Robotics and Automation Sector Projects Record Year
Representing more than 3,500 German and European mechanical and plant engineering companies, VDMA Robotics + Automation says the sector is on track for another record year. The industry forecasts a...
“Healthy Return” of Users Fuels Elevator Use Across Europe
London, Paris and Brussels lead the way in a resurgence of elevator use across Europe, CoStarTM reports. On average, European cities are at nearly 80% of pre-pandemic levels, with tourists...
Interlift 2023 in Augsburg, Germany, Continues to Grow
AFAG Messen und Ausstellungen GmbH, organizer of the interlift 2023 international vertical-transportation trade fair in Augsburg, Germany, on October 17-20, reports the fair continues to grow, with 40% more exhibitors...
