Elevator

TK Elevator Index Powered by MAX discloses elevator activity across the U.S. one year after COVID-19 shut America down

Tuesday, April 13, 2021 - 1:00pm

But according to the TK Elevator Index Powered by MAX, the industry\'s most accurate urban mobility analysis tool, elevator activity has now returned to 71% of pre-COVID levels as tenants and visitors increasingly return to buildings.\nThe TK Elevator Index Powered by MAX is a monthly indicator of average elevator activity across the U.S.

Key Points: 
  • But according to the TK Elevator Index Powered by MAX, the industry\'s most accurate urban mobility analysis tool, elevator activity has now returned to 71% of pre-COVID levels as tenants and visitors increasingly return to buildings.\nThe TK Elevator Index Powered by MAX is a monthly indicator of average elevator activity across the U.S.
  • The proprietary data platform is powered by MAX , the elevator industry\'s first cloud- and IoT-based digital platform enabling enhanced service and predictive maintenance.
  • MAX is connected to more than 85,000 elevators across the U.S., and, as part of its diverse capabilities, accurately monitors elevator activity in all types of commercial and residential buildings.\n"Smarter building management requires smarter building solutions, and the TK Elevator Index Powered by MAX provides a level of actionable intelligence that property managers cannot get anywhere else," says Kevin Lavallee, President and CEO, TK Elevator North America.
  • Shortly after the pandemic began spreading across the U.S., TK Elevator donated its MAX Premium service to select hospitals to help front-line medical workers in the fight against COVID-19.

Otis Announces Winners of the First Made to Move Communities™ Global Student Challenge

Monday, April 12, 2021 - 1:00pm

b'FARMINGTON, Conn., April 12, 2021 /PRNewswire/ --Today, student teams from 14 schools across nine countries and regions made history as the first cohort to complete Otis\' inaugural Made to Move Communities global student challenge.

Key Points: 
  • b'FARMINGTON, Conn., April 12, 2021 /PRNewswire/ --Today, student teams from 14 schools across nine countries and regions made history as the first cohort to complete Otis\' inaugural Made to Move Communities global student challenge.
  • The program enhances school-based Science, Technology, Engineering and Math (STEM) curriculum by partnering students with Otis mentors to together develop sustainable solutions to real-world mobility challenges seen in their communities.
  • "At Otis, we care deeply about nurturing a passion for STEM education for future generations, and we are committed to equitable access to mobility for all.
  • "\nAs part of Made to Move Communities, Otis will celebrate Lift Our Communities Month each April.

Smart Elevator Market Revenue to Cross $23.5 Bn by 2027; Global Market Insights, Inc.

Monday, April 12, 2021 - 10:00am

b"SELBYVILLE, Del., April 12, 2021 /PRNewswire/ --Global Market Insights Inc. has recently added a new report on the smart elevator market which estimates the market valuation for smart elevator will cross US$ 23.5 billion by 2027.

Key Points: 
  • b"SELBYVILLE, Del., April 12, 2021 /PRNewswire/ --Global Market Insights Inc. has recently added a new report on the smart elevator market which estimates the market valuation for smart elevator will cross US$ 23.5 billion by 2027.
  • The market is anticipated to witness a high growth rate on account of the significant increase in the customer spending capacity globally.
  • Rising financial insecurities and economic slowdown have resulted in decline in the adoption of smart and sustainable solutions globally.
  • Furthermore, the halt in various construction activities has hampered the demand for smart elevators during this period.

InventHelp Inventors Develop Safer Way to Lift Weights without a Spotter (LVT-370)

Friday, April 9, 2021 - 6:00pm

PITTSBURGH, April 9, 2021 /PRNewswire/ --"We thought there could be a safer way to lift weights when a spotter is not available," said one of two inventors, from N. Las Vegas, Nev., "so we invented the SPOTTER.

Key Points: 
  • PITTSBURGH, April 9, 2021 /PRNewswire/ --"We thought there could be a safer way to lift weights when a spotter is not available," said one of two inventors, from N. Las Vegas, Nev., "so we invented the SPOTTER.
  • The invention provides an effective way to position dumbbells in a raised starting position.
  • In doing so, it eliminates the need to lift heavy dumbbells from the floor while lying on a weight bench.
  • It also eliminates the need for another person as a spotter.

Otis First Quarter 2021 Earnings Advisory

Friday, April 9, 2021 - 11:00am

FARMINGTON, Conn., April 9, 2021 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Monday, April 26, 2021, at 8:30 a.m. EDT.

Key Points: 
  • FARMINGTON, Conn., April 9, 2021 /PRNewswire/ -- Otis Worldwide Corporation (NYSE: OTIS) will host a conference call on Monday, April 26, 2021, at 8:30 a.m. EDT.
  • Otis President & CEO Judy Marks and Executive Vice President & CFO Rahul Ghai will discuss the company's first quarter results and the outlook for 2021.
  • To join by phone, dial +1-877-735-3703 and an operator will place you on hold until the conference begins.
  • Otis is the world's leading elevator and escalator manufacturing, installation and service company.

Neonode and Finetek Selected for Contactless Elevator Control Panel Rollout in South Korea

Thursday, April 8, 2021 - 2:20pm

STOCKHOLM, April 8, 2021 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), is pleased to announce that it has received an order for and will supply touch sensor modules to Finetek, a Neonode value-added reseller, who has been selected by a major elevator OEM in South Korea to install its contactless elevator control panel solutions powered by Neonode's technology in existing elevators in this market.

Key Points: 
  • STOCKHOLM, April 8, 2021 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), is pleased to announce that it has received an order for and will supply touch sensor modules to Finetek, a Neonode value-added reseller, who has been selected by a major elevator OEM in South Korea to install its contactless elevator control panel solutions powered by Neonode's technology in existing elevators in this market.
  • According to Finetek, a successful testing phase was recently completed and the contactless control panel modules are currently being installed for trials in existing elevators at multiple locations to monitor customers' user experience.
  • "This rollout decision in South Korea represents a great milestone for Neonode and our contactless touch offering.
  • We hope to see many contactless elevator control panels being installed in the field in the near future.

Neonode and Finetek Selected for Contactless Elevator Control Panel Rollout in South Korea

Thursday, April 8, 2021 - 2:19pm

STOCKHOLM, April 8, 2021 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), is pleased to announce that it has received an order for and will supply touch sensor modules to Finetek, a Neonode value-added reseller, who has been selected by a major elevator OEM in South Korea to install its contactless elevator control panel solutions powered by Neonode's technology in existing elevators in this market.

Key Points: 
  • STOCKHOLM, April 8, 2021 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON), is pleased to announce that it has received an order for and will supply touch sensor modules to Finetek, a Neonode value-added reseller, who has been selected by a major elevator OEM in South Korea to install its contactless elevator control panel solutions powered by Neonode's technology in existing elevators in this market.
  • According to Finetek, a successful testing phase was recently completed and the contactless control panel modules are currently being installed for trials in existing elevators at multiple locations to monitor customers' user experience.
  • "This rollout decision in South Korea represents a great milestone for Neonode and our contactless touch offering.
  • We hope to see many contactless elevator control panels being installed in the field in the near future.

Smart Elevator Market with COVID-19 Impact Analysis - Global Forecast to 2026 - Inclination Toward Green Technologies in Construction Industry - ResearchAndMarkets.com

Thursday, April 8, 2021 - 1:40pm

The "Global Smart Elevator Market with COVID-19 Impact Analysis by Component (Control System, Maintenance System, Communication System), Application (Residential, Commercial, Institutional), Services, and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Smart Elevator Market with COVID-19 Impact Analysis by Component (Control System, Maintenance System, Communication System), Application (Residential, Commercial, Institutional), Services, and Region - Forecast to 2026" report has been added to ResearchAndMarkets.com's offering.
  • COVID-19 has emerged as a global pandemic that has spread in several countries worldwide and disrupted various industries around the world.
  • The foreseeable decline in the growth of applications may have a considerable direct impact on the smart elevator market.
  • Otis Elevator, Schindler Group, KONE Corporation, Thyssenkrupp AG, Hitachi and Mitsubishi Electric, among others, are some of the key players offering smart elevator.

TK Elevator supplies 24 elevators and 13 escalators at Globe Life Field, home of MLB's Texas Rangers

Wednesday, April 7, 2021 - 1:00pm

ARLINGTON, Texas, April 7, 2021 /PRNewswire/ -- Fans at Globe Life Field this week enjoyed the use of 24 elevators and 13 escalators from TK Elevator as the Texas Rangers played their 2021 home opening series against the Toronto Blue Jays.

Key Points: 
  • ARLINGTON, Texas, April 7, 2021 /PRNewswire/ -- Fans at Globe Life Field this week enjoyed the use of 24 elevators and 13 escalators from TK Elevator as the Texas Rangers played their 2021 home opening series against the Toronto Blue Jays.
  • Globe Life Field is the Texas Rangers' new $1.2 billion ballpark and was site of the 2020 World Series.
  • "Globe Life Field is truly a magnificent sports venue featuring the very best in modern amenities and technologies, and that includes its elevators and escalators," says Kevin Lavallee, President and CEO, TK Elevator North America.
  • In nearby Fort Worth, Texas, TK Elevator supplied 8 elevators and 8 escalators for Dickies Arena, a 14,000-seat arena located within the Will Rogers Memorial Center.

Smart Elevator Market worth $12.6 billion by 2026 - Exclusive Report by MarketsandMarkets™

Wednesday, March 31, 2021 - 2:30pm

The key factors fueling the growth of this market comprise of reducing energy consumption within the buildings, development of smart cities and growth in urbanization.

Key Points: 
  • The key factors fueling the growth of this market comprise of reducing energy consumption within the buildings, development of smart cities and growth in urbanization.
  • The elevator control segment accounted for the largest segment of the overall revenue of the smart elevator control systems market.
  • The growing demand for smarter buildings with seamless passenger flow and easy-to-use elevators is driving the demand for destination control technology.
  • Therefore, emerging economies, such as India, China, Indonesia, and Africa, are expected to lead the market for new installation services.