Elevator

Mitsubishi Electric Signs Share-transfer Agreement to Wholly Acquire Swedish Elevator Company Motum

Retrieved on: 
Thursday, April 7, 2022
Construction & Property, Other Manufacturing, Hardware, Building Systems, Public Transport, Technology, Transport, Manufacturing, Mitsubishi, Mitsubishi Electric, Awareness, Maintenance, Contract, Westinghouse Electric Corporation, Acquisition, Elevator, Ageing

Mitsubishi Electric Corporation (TOKYO:6503) announced today that it formally agreed on March 23 to wholly acquire Sweden-based Motum AB, which operates an elevator and automatic door business mainly in Sweden.

Key Points: 
  • Mitsubishi Electric Corporation (TOKYO:6503) announced today that it formally agreed on March 23 to wholly acquire Sweden-based Motum AB, which operates an elevator and automatic door business mainly in Sweden.
  • Through the acquisition, Mitsubishi Electric aims to strengthen its capabilities to service and modernize elevators and escalators in Sweden and other countries not limited to Europe.
  • Motum, in addition to selling and installing new elevators, also has contracts for servicing more than 20,000 units under a multi-brand maintenance business.
  • Established by merging three Swedish elevator companies in 2013, it is now the largest independent elevator company in Nordic region.

Elevator Constructors Union Ratifies New Collective Bargaining Agreement

Retrieved on: 
Wednesday, April 6, 2022
International Union of Elevator Constructors, General officer, Safety, Partnership, International union, Online gambling, Elevator

WASHINGTON, April 6, 2022 /PRNewswire/ -- Hundreds of delegates representing the more than 31,000 members of the International Union of Elevator Constructors (IUEC) recently convened in the nation's capital to vote on a new collective bargaining agreement. Reflecting on the ratification of said agreement, General President Frank Christensen today issued the following statement:

Key Points: 
  • International Union of Elevator Constructors General President Frank Christensen touts new contract provisions, including increased wages, robust healthcare and retirement benefits, and establishment of first-ever labor-management safety committee
    WASHINGTON, April 6, 2022 /PRNewswire/ -- Hundreds of delegates representing the more than 31,000 members of the International Union of Elevator Constructors (IUEC) recently convened in the nation's capital to vote on a new collective bargaining agreement.
  • With increased wages and a strong benefits package, the new contract is a victory for our union, our members, and our members' families supporting it was a no-brainer.
  • The International Union of Elevator Constructors represents more than 31,000 of the most qualified and trained elevator constructors in the world.
  • Elevator constructors also maintain and repair this equipment and modernize older equipment.

Mitsubishi Electric US, Inc. Accelerates Growth in Florida

Retrieved on: 
Tuesday, March 29, 2022
Commercial Building & Real Estate, Construction & Property, Building Systems, Mitsubishi Electric, Population, Lake Michigan High-Rises (CHA), Elevator, Transport, Multimedia, Mitsubishi Electric United States, Industry, Technology, Maintenance, Commerce, Engineering, Satellite navigation device, Cypress

The Elevator and Escalator Division of Mitsubishi Electric US, Inc. , headquartered in Cypress, California, expands its footprint in Florida by opening a new branch in Miami.

Key Points: 
  • The Elevator and Escalator Division of Mitsubishi Electric US, Inc. , headquartered in Cypress, California, expands its footprint in Florida by opening a new branch in Miami.
  • View the full release here: https://www.businesswire.com/news/home/20220329005891/en/
    Mitsubishi Electric US Elevators and Escalators provide smooth, quiet and safe operations for all buildings.
  • The decision to expand our presence into Miami is a logical step in our business growth strategy, explains Mike Eden, director, eastern region, Mitsubishi Electric US, Inc.
  • Mitsubishi Electric US group companies have 38 locations throughout North America with approximately 4,000 employees.

Global Elevators & Escalators Markets Report 2021-2022 & 2026 Featuring Major Manufacturers - Schindler, Otis Elevator, Thyssenkrupp AG, KONE, and Hitachi Ltd - ResearchAndMarkets.com

Retrieved on: 
Friday, March 25, 2022
Interior Design, Engineering, Other Construction & Property, Manufacturing, Commercial Building & Real Estate, Construction & Property, Other Manufacturing, ThyssenKrupp, CAGR, Population, USD, Moving walkway, Urbanization, PMM, Kone, Mechanical engineering, Growth, City, Hitachi, Toshiba, Mitsubishi Electric, American National Standards Institute, KONE, Traction, Escalator, Technology, Safety, Republic, Region, Society, Schindler Group, Elevator, Balochistan University of Engineering and Technology, Transport, Rail transport, United Technologies

The global elevators and escalators market is projected to grow from USD 134.4 billion in 2021 to USD 183.2 billion by 2026, at a CAGR of 6.4% from 2021 to 2026.

Key Points: 
  • The global elevators and escalators market is projected to grow from USD 134.4 billion in 2021 to USD 183.2 billion by 2026, at a CAGR of 6.4% from 2021 to 2026.
  • Machine-room-less traction elevator, by elevator technology, accounted for the largest market share in the elevators and escalators market.
  • Many countries in the region took steps to implement low-carbon and IoT-based smart cities in recent years, thereby offering opportunities for the growth of the elevators & escalators market.
  • The market comprises of major manufacturers, such as Schindler Group (Switzerland), Otis Elevator (US), Thyssenkrupp AG (Germany), KONE Corporation (Finland), and Hitachi Ltd. (Japan), among others.

With Market Size Valued at $77.2 Billion by 2026, it`s a Healthy Outlook for the Global Elevators and Escalators Market

Retrieved on: 
Monday, March 28, 2022
CAGR, Players, Urbanization, Marketing, Growth, Otis Worldwide, Hitachi, Internet, Forecasting, Mitsubishi Electric, Research, Noise, Intelligence, ThyssenKrupp, Escalator, Safety, Kone, E&E, GIA, COVID-19, Schindler Group, Aramid, Solution, MRL, SAN, Efficiency, Maintenance, SMEC, Elevator, Renewable energy, Others

SAN FRANCISCO, March 28, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Elevators and Escalators - Global Market Trajectory & Analytics" .

Key Points: 
  • SAN FRANCISCO, March 28, 2022 /PRNewswire/ -- A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled "Elevators and Escalators - Global Market Trajectory & Analytics" .
  • We are offering a complimentary access to qualified executives driving strategy, business development, sales & marketing, and product management roles at featured companies.
  • Previews provide deep insider access to business trends; competitive brands; domain expert profiles; and market data templates and much more.
  • Global Industry Analysts, Inc., ( www.strategyr.com ) is a renowned market research publisher the world`s only influencer driven market research company.

Polymetal: Ore Reserves, Mineral Resources and Exploration update as at 1 January 2022

Retrieved on: 
Saturday, March 5, 2022
Emi, Mining, Copper, Glavnaya Stsena, Doroninskaya, Andrei, Dukat, Resource management, Metal, Republic, Polymetal International, Silver, Strelka, Albazino, Growth, GE, Company, Sarbas, Polymetal, Uzlovaya, Pavlov, Ludmila, The Group, Anfisa Reztsova, Amur, Total, Central, Elevator, PDF, First, Anomaly, JVS, Gold, GKZ, JV, Platinum group, Nadezhda, Uranium, Oil, Rare-earth element, Petroleum, Potash, Lithium, Mineral, Karmen, Perevalny, Maysky

In 2022, further exploration at Eastern Bakyrchik sites is planned to convert open-pit Mineral Resources into the Indicated category.

Key Points: 
  • In 2022, further exploration at Eastern Bakyrchik sites is planned to convert open-pit Mineral Resources into the Indicated category.
  • Most of the exploration work was focused on upgrading Mineral Resources categories for mine planning.
  • Besides, the deep horizons of the primary ore body were assessed with the use of exploration drilling on a wide-spaced grid.
  • In 2022, the Company will continue exploration to prepare an updated Mineral Resource and initial Ore Reserve estimates in 2023.

Pioneering installation robot for the first time deployed in Asia-Pacific

Retrieved on: 
Saturday, March 5, 2022
Safety, Mechanics, Efficiency, Schindler, Elevator, COO, Technology transfer, List of tenants in Two World Trade Center, Health, Schindler Group, Surveying

In addition, the robot has started installation on 10 elevators at Avenue South Residence, a residential project in Singapore and the world's highest Prefabricated Prefinished Volumetric Construction (PPVC) building.

Key Points: 
  • In addition, the robot has started installation on 10 elevators at Avenue South Residence, a residential project in Singapore and the world's highest Prefabricated Prefinished Volumetric Construction (PPVC) building.
  • 'Schindler R.I.S.E contributes to greater safety and efficiency on high-rise construction sites,' said Paolo Compagna, Schindler's COO.
  • 'The robot takes over the drilling of the thousands of anchor bolts required for the installation of elevators, freeing up fitters' time to focus on other quality aspects during installation, while enhancing their safety.
  • The same manual and repetitive procedure applies for the installation of the elevator landing door.

Kuwait Elevator And Escalator Market Outlook 2021-2027: Market Forecast By Types Product, Services, Applications, & Region - ResearchAndMarkets.com

Retrieved on: 
Tuesday, March 1, 2022
Construction & Property, Building Systems, Government, Urbanization, Growth, Overalls, Application, COVID-19, Transport, Housing, CAGR, Relaxation, Solution, Service, Elevator, Renewable energy, Rail transport

The "Kuwait Elevator And Escalator Market Outlook 2021-2027: Market Forecast By Types Product, By Services, By Application, By Region" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Kuwait Elevator And Escalator Market Outlook 2021-2027: Market Forecast By Types Product, By Services, By Application, By Region" report has been added to ResearchAndMarkets.com's offering.
  • Kuwait Elevator and Escalator Market size is projected to grow at a CAGR of 5.1% during 2021-2027.
  • Kuwait Elevator and Escalator Market report thoroughly covers the elevator and escalator market by types, service types, application, and regions.
  • By types, passenger and home elevators accounted for more than 90% of market revenues, with, home elevators leading the market.

Mitsubishi Electric US, Inc. Expands the Diamond-Trac® Elevator Product Line

Retrieved on: 
Wednesday, February 23, 2022
Building Systems, Other Construction & Property, Other Technology, Technology, Construction & Property, Diamond, PM, Mitsubishi Electric United States, VVVF, Industry, RISC, HVAC, Elevator, Safety, Mitsubishi Electric, Transport, Travel, Variable-frequency drive, Multimedia, DOAS, Multi, Congestion, Traction, Technology, Rail transport

The Elevator and Escalator Division of Mitsubishi Electric US, Inc. , headquartered in Cypress, California, has expanded the Diamond-Trac product line of machine room-less elevator systems with space-saving options and enhanced user experiences.

Key Points: 
  • The Elevator and Escalator Division of Mitsubishi Electric US, Inc. , headquartered in Cypress, California, has expanded the Diamond-Trac product line of machine room-less elevator systems with space-saving options and enhanced user experiences.
  • These enhancements include a more efficient layout with a standardized side counterweight arrangement and flexible counterweight frame dimensions, explains Chris Cole, national sales and product senior manager, Mitsubishi Electric US, Inc.
  • For more information about the Diamond-Trac Elevator System from Mitsubishi Electric, visit www.MitsubishiElevator.com .
  • Mitsubishi Electric US group companies have 38 locations throughout North America with approximately 4,000 employees.

UAE Elevator & Escalator Maintenance & Repair Services Market to 2026 - by Type, Elevator Technology, Components, End-user, Elevator Door Type and Region - ResearchAndMarkets.com

Retrieved on: 
Wednesday, February 16, 2022
Building Systems, Manufacturing, Other Construction & Property, Construction & Property, Engineering, Forecast, Hydraulics, Moving walkway, Government, Industry, Component, Safety, Elevator

The "UAE Elevator & Escalator Maintenance & Repair Services Market, By Type (Elevator, Escalator, Moving Walkways), By Elevator Technology (Hydraulic and Traction),By Components, By End User, By Elevator Door Type, By Region, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "UAE Elevator & Escalator Maintenance & Repair Services Market, By Type (Elevator, Escalator, Moving Walkways), By Elevator Technology (Hydraulic and Traction),By Components, By End User, By Elevator Door Type, By Region, Forecast & Opportunities, 2026" report has been added to ResearchAndMarkets.com's offering.
  • UAE elevator & escalator maintenance & repair services market is expected to grow at a steady rate during the forecast period.
  • The UAE elevator & escalator maintenance & repair services market is driven by the stringent regulations imposed by the government to ensure public safety.
  • The UAE elevator & escalator maintenance & repair services market is segmented based on type, elevator technology, components, end user, elevator door type, company and region.