Industry Insight: Up and up - Smart technology, green solutions propel elevator and escalator market
The Afternoon Update with Lynlee Foo

Industry Insight: Up and up - Smart technology, green solutions propel elevator and escalator market

2024-12-03
Industrialisation and rapid urbanisation across Asia-Pacific, particularly in countries like China and India, are fuelling a surge in demand for elevators and escalators in malls, shopping complexes, and residential buildings. As the market evolves, key innovations such as enhanced safety mechanisms, predictive maintenance, and energy-efficient designs are becoming industry standards. Edward Loy, Managing Director for Southeast Asia at KONE, shares some of the trends that will reshape the...
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