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ELEVATORS & ESCALATORS
LEAD STORY

modern solutions are being preferred for the urbanization and to deliver elevator software as a service (SaaS). This means new
transformation of smart cities in India. Companies are broadening opportunities for us and our customers. The elevator industry will
their revenue streams in passenger boarding bridges and continue to change and keep pace with the speed of technology
intelligent gate systems. over the coming years.”

Continuing Evolution of Internet of Things (IoT): The integration Smart elevators: The development of smart elevators is a result
of IoT with elevators & escalators is offering a potential growth of the efforts to design energy-efficient elevators, which can also
opportunity to the global elevator & escalator market. IoT makes minimize the time taken to travel between the floors of a building.
it possible for a product to collect, exchange, and analyze data In smart elevators, when the user selects the destination floor, the
with its operator, manufacturer, and other devices, which is highly elevator directs him or her to the elevator that will take them to the
relevant to the elevator & escalator industry. IoT enables modern chosen floor with the least number of stops. The key advantages
elevators & escalators to anticipate traffic and respond in real- of a smart elevator over a traditional one include improved
time intelligently, communicate with service teams, and allow energy efficiency, better control of elevator traffic, reduced
passengers to summon the elevator & escalators via a mobile wait times, and integrated access control features. According
application. Moreover, by using a connected sensor in an elevator to Transparency Market Research, innovative measures, such as
and escalator, the flow of passengers can be better managed contact-free operation of lifts via smartphone apps and elevator
by lessening wait time. air purifiers are helping companies in the elevator & escalator
Jon Clarine, Head of Digital Services at TK Elevator North market emerge strong during the coronavirus outbreak. Lift majors
America, during an interview, stated very intriguing facts about Kone and Johnson are rolling out safety measures such as remote
the innovative landscape of elevators globally. According to calling of elevators using WhatsApp to prevent the spread of the
him, “Elevator innovation is often driven by the introduction of COVID-19 virus.
New International Building Codes (IBC). For example, a code New trends in elevators and escalators, such as smart lifts, traction
now requires an elevator cabin to be connected to the internet elevators, and pneumatic elevators are creating value grab
for emergency responders. With a connected cabin comes a opportunities for manufacturers. Traction lifts are found to travel
whole new level of digital services and sophistication. New roles faster than hydraulic lifts, and can be used in both high-rise and
are constantly emerging for the elevator industry that encompass mid-rise buildings. Hence, companies in the elevator & escalator
different commercial, operational, and technical ways of working market are pushing the sales of traction elevators in high-rise

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