Market Trends
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...
Schindler CEO Cautiously Optimistic About China 2023 Outlook
Silvio Napoli, CEO of Switzerland-headquartered Schindler, said he is cautiously optimistic about the elevator, escalator and moving walk manufacturer's business in China in 2023, China Daily is among outlets to...
TKE Publishes Report on Four Smart Elevator Trends
TK Elevator has released a new report/white paper titled “The Elevator of Tomorrow: 4 Trends Personalizing the Rider Experience,” which highlights these notable megatrends: making elevators more reliable with cloud-based...
Global Elevator Industry Survey Reflects Improved Outlook
Elevator World, Inc., the German elevator association VFA Interlift e.V. and fair organizer AFAG, in association with Credit Suisse, recently released the results of their latest global elevator industry survey...
Lödige Industries Debuts Automation Module for Lift and Robots
On February 1, Germany’s Lödige Industries introduced a new automation module that allows both automated guided vehicles (AGVs) and autonomous mobile robots to interact with different lift systems to move...
Inaugural GEE in Milan Spurs Strong Interest
The inaugural Global Elevator Exhibition (GEE), planned on November 15-17 at Fiera Milano in Milan, Italy, is seeing strong interest, with at least 25 companies planning to participate as of...
Citadel Plans Supertall Manhattan Office Tower
American multinational hedge fund and financial services company Citadel LLC plans to build a 1,350-ft-tall, 51-story office tower designed by Foster + Partners at 350 Park Avenue in Manhattan, NYC,...
Take the Q3 2022 Elevator Industry Survey
Elevator World, Inc., the German elevator association VFA Interlift e.V. and fair organizer AFAG, in association with Credit Suisse, are continuing to survey the global elevator industry to better understand...
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