Elevator and design consultants are lauding a new elevator system from KONE Corp. that drastically reduces the weight of the hoisting cables—the bane of tall-building experts. The patented system, ...

Looking to expand versatility in building designs, Essen, Germany-based ThyssenKrupp Elevator AG has announced Multi, a cable-less elevator system propelled by magnetic induction. Multi will allow ...

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Half the world’s population already lives in cities, and that number is expected to jump to 70 percent by the end of the century. To accommodate the new urban dwellers, cities will have to build ...

The global elevator and escalator market is projected to exceed $130 billion by 2026, driven by infrastructure development in emerging economies and modernization projects in developed regions.