Schindler Group

Global Elevator & Escalator Market Report 2022, Featuring Profiles of Key Players Hitachi, ThyssenKrupp, Mitsubishi Electric, Otis, Kone and The Schindler Group - ResearchAndMarkets.com

Retrieved on: 
Thursday, May 19, 2022
Other Construction & Property, Architecture, Construction & Property, Building Systems, Urbanization, City, Traction, ThyssenKrupp, Otis Worldwide, Schindler Group, Investment, Hitachi, COVID-19, Workforce, EMEA, Mitsubishi Electric, E&E, Compliance, Safety, Maintenance, CAGR, Construction, Growth, Application, Lists of countries and territories, Renewable energy, Technology

The "Global Elevator & Escalator Market (by Service, Technology, Application & Region): Insights & Forecast (2022-2026)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Elevator & Escalator Market (by Service, Technology, Application & Region): Insights & Forecast (2022-2026)" report has been added to ResearchAndMarkets.com's offering.
  • The global elevator & escalator market is likely to grow to US$148.94 billion in 2026, progressing at a CAGR of 5.65% during the period spanning from 2022 to 2026.
  • Whereas, in terms of applications, the global E&E market can be divided into residential, commercial and industrial & other application.
  • The competitive landscape of the market, along with the company profiles of leading players (Hitachi, Ltd., ThyssenKrupp AG, Mitsubishi Electric Corporation, Otis Worldwide Corporation, Kone Oyj and The Schindler Group) are also presented in detail.

Global Elevator & Escalator Market Growth Forecasts - A US$148.94 Billion Market Opportunity by 2026

Retrieved on: 
Tuesday, May 24, 2022
Urbanization, City, Traction, ThyssenKrupp, Otis Worldwide, Schindler Group, Investment, Hitachi, COVID-19, Workforce, EMEA, Mitsubishi Electric, E&E, Compliance, Safety, Maintenance, CAGR, Construction, Growth, Application, Lists of countries and territories, Renewable energy, Technology

The global elevator & escalator market is forecast to grow to US$148.94 billion in 2026, progressing at a CAGR of 5.65% during the period spanning from 2022 to 2026.

Key Points: 
  • The global elevator & escalator market is forecast to grow to US$148.94 billion in 2026, progressing at a CAGR of 5.65% during the period spanning from 2022 to 2026.
  • However, the market growth would be challenged by high cost of installation and maintenance, compliance with standards and regulations and dearth of skilled workforce.
  • On the basis of service, the global market can be bifurcated into maintenance, new installation/equipment and modernization.
  • Whereas, in terms of applications, the global E&E market can be divided into residential, commercial and industrial & other application.

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.

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.

Worldwide Elevator Control Industry to 2026 - Key Drivers, Challenges and Trends - ResearchAndMarkets.com

Retrieved on: 
Tuesday, February 15, 2022
Interior Design, Residential Building & Real Estate, Manufacturing, Commercial Building & Real Estate, Construction & Property, Building Systems, Other Manufacturing, Industry, Mitsubishi Electric, Research, Hitachi, Schindler Group, SICK AG, ThyssenKrupp, Honeywell, Retail

This is to help companies strategize and leverage all forthcoming growth opportunities.

Key Points: 
  • This is to help companies strategize and leverage all forthcoming growth opportunities.
  • The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry.
  • The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
  • It presents various market facets by identifying the key industry influencers.

Schindler becomes global vertical mobility partner for ISS

Retrieved on: 
Wednesday, February 9, 2022
Solution, Maintenance, COO, ISS, Schindler Group, Partnership, Leadership, Schindler, Movement, Transport

Schindler and ISS, a leading workplace experience and facility management company, have signed a global frame agreement for the maintenance and modernization of the elevators and escalators in operation in ISS' global portfolio.

Key Points: 
  • Schindler and ISS, a leading workplace experience and facility management company, have signed a global frame agreement for the maintenance and modernization of the elevators and escalators in operation in ISS' global portfolio.
  • In addition, Schindler and ISS will explore innovative and sustainable mobility solutions for ISS clients globally.
  • 'Schindler is now a certified service provider to ISS' global customer base.
  • Under the global agreement, Schindler will become a preferred partner for the upkeep and modernization of elevators and escalators, with a focus on keeping equipment running and passengers moving safely in ISS' global portfolio, which covers more than 30 countries.

Schindler wins Cairo Monorail project

Retrieved on: 
Wednesday, February 2, 2022
Schindler, Cairo Monorail, New Administrative Capital, Schindler Group, Safety, Renewable energy

Today, Schindler announced it will deliver, install, and maintain 136 elevators and 272 escalators for the Cairo Monorail Project.

Key Points: 
  • Today, Schindler announced it will deliver, install, and maintain 136 elevators and 272 escalators for the Cairo Monorail Project.
  • This landmark project will help to connect Egypt's New Administrative City with East Cairo.
  • 'Cairo Monorail is Schindler's first public transport project in Egypt, showing our growth trajectory in the region,' said Julio Arce, Member of the Schindler Group Executive Committee responsible for Europe South.
  • Founded in Switzerland in 1874, the Schindler Group is a leading global provider of elevators, escalators and related services.

EQS-News: Schindler launches new building transit management Schindler PORT 4D

Retrieved on: 
Tuesday, November 30, 2021
Robotics, Schindler, Group, Schindler Group, Colab, Transport

Schindler launches Schindler PORT 4D, the Group's latest building transit management solution optimizing travel time in buildings while making buildings more user-friendly, flexible, and sustainable.

Key Points: 
  • Schindler launches Schindler PORT 4D, the Group's latest building transit management solution optimizing travel time in buildings while making buildings more user-friendly, flexible, and sustainable.
  • Schindler PORT 4D is a new version of Schindler's leading transit management solution, optimizing travel times via a proprietary smartphone app connected to the Schindler elevator systems.
  • By the same token, Schindler PORT 4D reduces the energy consumption of an elevator group by up to 40%.
  • 'With Schindler PORT 4D we make buildings even more appealing, eco-friendly and easy to access.

EQS-News: Schindler joins RE100 global initiative to use 100% renewable energy

Retrieved on: 
Tuesday, November 2, 2021
Carbon, The Climate Group, Partnership, Carbon Disclosure Project, RE100, Schindler, City, Group, ESG, Schindler Group, Electricity, CEO, CDP, Renewable energy

Schindler has joined RE100, the global environmental initiative led by the Climate Group in partnership with the Carbon Disclosure Project (CDP), which brings together the world's most influential companies leading the transition to 100% renewable electricity.

Key Points: 
  • Schindler has joined RE100, the global environmental initiative led by the Climate Group in partnership with the Carbon Disclosure Project (CDP), which brings together the world's most influential companies leading the transition to 100% renewable electricity.
  • "We are delighted to welcome Schindler Group to RE100,"said Sam Kimmins, Head of RE100 at Climate Group.
  • "By committing to 100% renewable electricity by 2025, Schindler joins over 300 of the world's leading businesses committed to driving market change.
  • Founded in Switzerland in 1874, the Schindler Group is a leading global provider of elevators, escalators and related services.