Escalator

ATAL's Central-Mid-Levels Escalator and Walkway System Modernisation Project Wins ELEVATOR WORLD "2021 Project of the Year" Contest

Retrieved on: 
Tuesday, December 15, 2020

The "2021 Project of the Year" contest consisted of nine categories and attracted entries from all over the world.

Key Points: 
  • The "2021 Project of the Year" contest consisted of nine categories and attracted entries from all over the world.
  • Detailed stories of the winning entries will be published in the January 2021 issue of ELEVATOR WORLD.
  • The Central-Mid-Levels Escalator and Walkway System in Hong Kong is the longest outdoor covered escalator system in the world.
  • The modernisation of the entire escalator and walkway system was divided into 12 phases.

COVID-19 Impact and Recovery Analysis | Escalator Market Procurement Intelligence Report Forecasts Spend Growth of Over USD 12 billion

Retrieved on: 
Friday, December 11, 2020

The Escalator Market is poised to experience spend growth of more than USD 12 billion between 2020-2024 at a CAGR of over 6.23%.

Key Points: 
  • The Escalator Market is poised to experience spend growth of more than USD 12 billion between 2020-2024 at a CAGR of over 6.23%.
  • View the full release here: https://www.businesswire.com/news/home/20201211005286/en/
    SpendEdge has announced the release of its Global Escalator Market Procurement Intelligence Report (Graphic: Business Wire)
    Read the 120-page research report with TOC and LOE on "Escalator Market Procurement Intelligence Report, Pricing Outlook in Geographies that include APAC, North America, South America, and MEA, and insights into best practices to optimize procurement spend."
  • Our Escalator Market procurement intelligence report offers actionable procurement intelligence insights, sourcing strategies, and action plans to mitigate risks arising out of the current pandemic situation.
  • This Escalator Market procurement intelligence report has enlisted the top suppliers and their cost structures, SLA terms, best selection criteria, and negotiation strategies.

Mitsubishi Electric US, Inc. Reimagines Elevator System Connectivity

Retrieved on: 
Tuesday, December 8, 2020

The Elevator and Escalator Division of Mitsubishi Electric US, Inc. , headquartered in Cypress, California, is pleased to introduce ReadyConnect, a network communication protocol gateway that allows for connectivity between multiple building systems.

Key Points: 
  • The Elevator and Escalator Division of Mitsubishi Electric US, Inc. , headquartered in Cypress, California, is pleased to introduce ReadyConnect, a network communication protocol gateway that allows for connectivity between multiple building systems.
  • View the full release here: https://www.businesswire.com/news/home/20201208005367/en/
    ReadyConnect is a network communication device that allows Mitsubishi Electric Diamond Trac and Diamond HS elevator systems to communicate and connect with other building systems, acting as an interpreter.
  • The second system is most often used with building management systems for floor lockout, and elevator status monitoring, etc.
  • Were excited to unveil this new building integration solution envisioned by the engineers at Mitsubishi Electric, said Erik Zommers, senior vice president and general manager, Mitsubishi Electric US, Inc., Elevator and Escalator Division.

Seoul Viosys’ Violeds Technology for Escalator Handrail Sterilization Solutions

Retrieved on: 
Tuesday, December 8, 2020

Seoul Viosys (KOSDAQ: 092190), a leading compound semiconductor solution provider, announced that Violeds technology has been applied to an escalator handrail sterilization solution that is being supplied to leading global escalator and elevator OEMs by EHC Global Inc. (EHC), a Canadian-based manufacturer of integrated solutions for the vertical transportation industry.

Key Points: 
  • Seoul Viosys (KOSDAQ: 092190), a leading compound semiconductor solution provider, announced that Violeds technology has been applied to an escalator handrail sterilization solution that is being supplied to leading global escalator and elevator OEMs by EHC Global Inc. (EHC), a Canadian-based manufacturer of integrated solutions for the vertical transportation industry.
  • View the full release here: https://www.businesswire.com/news/home/20201207005332/en/
    EHC Safety+ Handrail Sterilizer with Violeds technology of Seoul Viosys (Graphic: Business Wire)
    Violeds is a clean technology that provides robust disinfection on the surface of handrails using UV LED light.
  • EHCs handrail sterilization solutions with Violeds technology have already been installed on escalators and moving walks around the world in a wide range of environments including airports, public transit systems, commercial buildings, shopping malls, department stores, healthcare facilities, sports venues, museums and government buildings.
  • Violeds, its flagship UV LED technology, provides a wide range of industries with optimal solutions for robust sterilization and disinfection (UV-C), skin regeneration (UV-B), water/air purification and effective cultivation for horticulture.

Mitsubishi Electric Launches u series Escalator

Retrieved on: 
Monday, December 7, 2020

Mitsubishi Electric Corporation (TOKYO:6503) announced today the immediate commercial launch of its new u series of escalators, which enhance passenger safety and comfort and also achieve significant energy savings compared to previous models.

Key Points: 
  • Mitsubishi Electric Corporation (TOKYO:6503) announced today the immediate commercial launch of its new u series of escalators, which enhance passenger safety and comfort and also achieve significant energy savings compared to previous models.
  • The company is targeting annual sales of 500 units in the ASEAN, Middle Eastern, Latin American and Indian markets.
  • In the case of few or no passengers, an optional function can slow or stop the escalator to reduce energy consumption by about 30%.
  • A regenerative converter enables electric power generated as the escalator descends with a certain passenger load to be converted for other electrical needs in the building.

New Elevator and Escalator Market Research Report- COVID-19 Analysis Based on Elevators and Escalators Products| Technavio

Retrieved on: 
Thursday, December 3, 2020

The new elevator and escalator market research from Technavio indicates neutral growth in the short term as the business impact of COVID-19 spreads.

Key Points: 
  • The new elevator and escalator market research from Technavio indicates neutral growth in the short term as the business impact of COVID-19 spreads.
  • View the full release here: https://www.businesswire.com/news/home/20201203005760/en/
    Technavio has announced its latest market research report titled Global Elevator and Escalator Market 2020-2024 (Graphic: Business Wire)
    Get detailed insights on the COVID-19 pandemic Crisis and Recovery analysis of the elevator and escalator market.
  • As the markets recover Technavio expects the elevator and escalator market size to grow by 138.41 K units during the period 2020-2024.
  • Therefore, the market growth in the elevators segment will be slower than the growth of the market in the escalators segment.

Schindler Elevator Corporation Names Julia Hodum as Director, Inclusion & Diversity, U.S. Operations

Retrieved on: 
Wednesday, December 2, 2020

Hodum joins Schindler from InterContinental Hotels Group (IHG), where she led the regional strategies related to Diversity & Inclusion and Talent for North and South America, the Philippines and China.

Key Points: 
  • Hodum joins Schindler from InterContinental Hotels Group (IHG), where she led the regional strategies related to Diversity & Inclusion and Talent for North and South America, the Philippines and China.
  • Hodum holds an MBA from The Georgia Institute of Technology and a BA in International Studies from The American University.
  • Schindler Elevator Corporation is the North American operation of the Switzerland-based Schindler Group, a leading global mobility provider of elevators, escalators and related services.
  • For additional information about Schindler Elevator Corporation, visit the companys Web site at www.us.schindler.com .

GCC (Gulf Cooperation Council) Elevator and Escalator Services Markets Report 2020-2024 - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 19, 2020

The "Elevator and Escalator Services Market in GCC Countries 2020-2024" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Elevator and Escalator Services Market in GCC Countries 2020-2024" report has been added to ResearchAndMarkets.com's offering.
  • The elevator and escalator services market in GCC countries is poised to grow by $ 693.69 mn during 2020-2024 progressing at a CAGR of 7% during the forecast period.
  • The reports on elevator and escalator services market in GCC countries provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
  • This study identifies the growing trend of smart cities as one of the prime reasons driving the elevator and escalator services market in GCC countries growth during the next few years.

The Elevator and Escalator Services Market is expected to grow by $ 693.69 mn during 2020-2024 progressing at a CAGR of 7% during the forecast period

Retrieved on: 
Wednesday, November 18, 2020

The analyst has been monitoring the elevator and escalator services market in GCC countries and it is poised to grow by $ 693.69 mn during 2020-2024 progressing at a CAGR of 7% during the forecast period.

Key Points: 
  • The analyst has been monitoring the elevator and escalator services market in GCC countries and it is poised to grow by $ 693.69 mn during 2020-2024 progressing at a CAGR of 7% during the forecast period.
  • Our reports on elevator and escalator services market in GCC countries provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
  • The report offers an up-to-date analysis regarding the current GCC countries market scenario, latest trends and drivers, and the overall market environment.
  • The elevator and escalator services market in GCC countries is segmented as below:

Shanghai Mitsubishi Elevator Produces One Millionth Unit

Retrieved on: 
Tuesday, November 10, 2020

Mitsubishi Electric Corporation (TOKYO: 6503) announced today that Shanghai Mitsubishi Elevator Co., Ltd. (SMEC), a joint venture company operating in China, produced its one millionth unit, including both elevators and escalators, this month, 34 years after starting production at the companys Min Hung Plant in 1987.

Key Points: 
  • Mitsubishi Electric Corporation (TOKYO: 6503) announced today that Shanghai Mitsubishi Elevator Co., Ltd. (SMEC), a joint venture company operating in China, produced its one millionth unit, including both elevators and escalators, this month, 34 years after starting production at the companys Min Hung Plant in 1987.
  • Mitsubishi Electric, working in collaboration with SMEC, continues to deliver safety, peace of mind and riding comfort in China, the worlds largest elevator and escalator market, and maintain its market-leading brand.
  • Mitsubishi Electric became the first Japanese company to directly manufacture, sell, install and service elevators and escalators in China when it teamed up with Shanghai Electric Group to establish SMEC in Shanghai in 1987.
  • SMEC is steadily introducing products incorporating the most advanced technologies, thereby contributing to the ongoing growth of Chinas elevator and escalator industry.