Friday, October 30, 2020

Table of Contents for Elevators & Escalators





Elevators & Escalators

Upward mobility

 

Increasing high rise construction across India is expected to lead to a sharp increase in the demand for vertical transport 

 

With 2016 expected to give a push to the implementation of several construction projects, and the skylines of Indian cities showing an increasingly northward thrust the elevators and escalators industry remains confident of robust business prospects.

 

Over the years a growing middle class population with high disposable income has necessitated the rapid development of the country’s residential sector thus providing impetus to the market for vertical transport solutions. There is a growing demand for high-speed, high-capacity elevators with safety, comfort and energy efficiency features particularly in high-rise office buildings, commercial complexes, and other large-building facilities.

 

Ergo, the emphasis now is on building high rise infrastructure which includes residential and commercial spaces - malls, hotels, hospitals and multiplexes – not to mention public spaces like airports and metros thus giving a huge lift to the vertical transport business.

 

Industry experts are wont to tout numbers as evidence of that. By 2020, the global demand for elevator equipment and services is projected to rise over 4 per cent annually to 61 billion euros from the 49 billion euros verified in FY 2015. With the world’s tall buildings growing rapidly the biggest business will come from high rises. Currently, over 180 buildings under construction will rise above 250 meters, of which about 50 buildings will be completed every year. In the mid-rise market, there are currently about 800 buildings under construction which will rise to over 150 meters.

 

India is currently the fastest growing elevator market in the world. Growing at 11.2 per cent each year (CAGR), its total market size stood at approximately 58,000 units in FY 2013-14 and is projected to grow to more than 100,000 by 2018. From a market value of 1.36 billion euros in 2013, it is expected to reach 2.57 billion euros in 2019. This momentum is largely fuelled by rapid urbanisation and the resulting new constructions. The elevator and escalator industry in India remains highly concentrated with only a few major players operating in the space such as Kone Elevators, Johnson, Otis, Schindler, ThyssenKrupp, Mitsubishi Electric, Hitachi and Hyundai – these constitute more than 70 per cent of the market. Despite the dominance of the major vendors, there are a large number of small domestic vendors in the market, providing elevator and escalator installation, maintenance, and modernisation services. These vendors offer affordable solutions to SMEs and small construction companies and developers, which engage mainly in small-scale residential development projects. Some of the local players involved in the production of elevators include Apex Elevators, Escon, Omega and others.

 

With the market poised for growth many more are eyeing opportunities in vertical transportation space. Very recently Stone India Ltd, a supplier of railway brake systems and other engineering products for the Indian Railways, entered into an equal joint venture agreement with Shenyang Brilliant Elevator Group Co Ltd of China to make a foray into the elevator and escalator market. The highest demand in the country is currently from the western region followed by the north and south.

 

The recently concluded ‘Make in India’ jamboree in the country’s commercial capital Mumbai has given the various manufacturers in the vertical transport solutions space an opportunity to expand their presence going forward.

 

 

TECH THRUST

 

Over the years India’s elevators and escalators market has been steadily moving towards the installation of high quality and technically advanced machines. Their use by building owners has moved beyond the mere functional as transport systems to the streamlining of building interior and appearances through the latest technologies. The market has not merely moved towards high-speed elevators but there has also been a surge in revenue garnered from the maintenance and modernisation of elevators and escalators owing to an ever increasing installed base.

 

It is easy to see why every global manufacturer is looking for a lift in business in India. The global trend is for smart elevators which are faster, more intelligent and energy efficient when compared to conventional elevators. The augmented demand for energy-efficient products with centralised controls will drive the market for elevator automation products to go beyond $22 billion by 2019 with the residential sector showing the highest growth rate. An increased performance oriented demand approach has raised the scope for elevator and escalator systems guaranteeing better controls, higher speed, and reduction in operating costs. There is more attention being paid with respect to various components in elevators such as sensors, motors, lighting, door access, operating panels, and mechanical system. With rising market competition manufacturers are wont to display their technical supremacy by offering the latest innovations like rope-free elevators, high speed functionality and single-phase battery operated systems.

 

 

PLAYER PUSH

 

It would be instructive to see what some of the major players are doing in India.

 

Otis, the world's largest manufacturer and maintainer of people-moving products, including elevators, escalators and moving walkways – it has the largest service network in the country covering about 300 urban centres through its 80 plus branches – doubled its capacity in 2015 by spending Rs 100 crore in the expansion of its Bengaluru plant. Otis sells around 6500 units a year. The company’s Bengaluru plant has the wherewithal to double capacity from the current 5000 pieces produced each year. Otis is also planning to supply the neighbouring markets of from India. Otis’ flagship technology Gen2™ Infinity, a high speed (1.75 meters per second) elevator which will cater to mid-rise residential buildings is the latest addition from the company’s product line. The Gen2™ elevator system features the ReGen™ regenerative drive which reduced energy consumption by up to 75 per cent compared to conventional systems. Very recently Otis finalised an agreement with Mantri Developers to provide more than 1,000 elevator and escalator units for the builder's residential, commercial, retail and villa projects over the next few years. The company is now focused on producing high speed elevators increasing localisation from 45 per cent at present to about 70 per cent. “Going forward there will be a huge need for smart, sustainable, and efficient vertical transport technologies in our urban living spaces. We will continue to be key contributors to that space,” says Sebi Joseph, Managing Director, Otis Elevator Company India.

 

In October Kone India announced the launch of a new range of gearless, compact elevators which target the low and mid-rise residential segments offering ride comfort and energy savings. It is reported KONE I MiniSpace powered by the KONE EcoDisc which revolutionised the elevator industry is significantly more energy efficient than preceding technologies and helps in reducing operating costs and carbon footprint. Besides serving the local market, the company ships its products to Bangladesh, Nepal and Asia-Pacific countries.

 

Another elevator firm in India to embrace the technological wave is Kinetic Hyundai Elevator & Movement Technologies Ltd - a joint venture between the Firodia Group’s Kinetic Engineering Ltd and Hyundai Elevator Co Ltd (HELCO) of Korea – which installs and maintains Hyundai elevators and escalators and travellators in India has become the first firm in the world to make double deck elevators, The company claims to have made the worldRs.s fastest elevator – the EL1080 with a maximum speed of 18 meters per second – and vertical mobility products with features like Destination Selecting System to improve traffic volume. Elevator systems from Kinetic-Hyundai are run with Energy Recycling Inverter which allows achievement of about 77.5 per cent energy efficiency.

 

ThyssenKrupp Elevator India is amongst the top five elevator companies operating in the country with a market share of roughly 5 per cent in FY 2013-2014. The company plans to improve this figure by 3.5 per cent, and bring its market share to 8.5 per cent in FY 2018-2019. The company as part of its contribution to the ‘Make in India’ initiative aimed at promoting domestic manufacturing, has announced the setting up of a state of the art multipurpose manufacturing plant in the Chakan Industrial Area of Pune with an investment of 44 million euros. With the completion of the new facility in 2017 the company is hoping to achieve 95 per cent manufacturing localisation in the country in the next 3-4 years. The facility’s initial capacity of 6,000 units per year will be extended to 10,000 units per year in FY 2019-20. In November, 2015, ThyssenKrupp unveiled a fully-functional 1:3 scale modelof its MULTI system at its Innovation Center in Gijón, Spain, a technological landmark for the elevator industry. This system uses linear motors instead of ropes, enabling horizontal movement and transforming conventional elevator transportation into vertical metro systems. The new elevator technology dramatically increases transport capacities and efficiency while reducing the elevator footprint and peak loads from the power supply in buildings. Bharat Vishnani, Managing Director, Thyssenkrupp Elevator (India) Pvt Ltd, is gung ho about his organisation’s thrust, “Through our expertise in smart mobility products, wide operational strength and long-standing presence in India, ThyssenKrupp is perfectly poised to support all the major developments being planned.”

 

 

WAY FORWARD

 

But it is not as if things are hunky dory. With a rising number of projects coming up safety issues arising out of ill-maintained equipment pose a hindrance to the growth of the elevator and escalator industry. The problems are further compounded in an environment where a large number of builders and developers lack a proper understanding of elevator design. They need to be aware that the exact kind of product required for a particular project needs proper determination at the conceptual stage of construction. With high rise building projects now back on the front burner elevator manufacturers see a very bright future for business. They will though need to do all it takes to ensure that the vertical ride is both smooth and safe both for them and the end user.

 

Singing ‘Lift karaa de’ to the top and back ought to be a happy experience.

 

Softech leap

KONE had tied up with IBM for Internet of Things cloud services and advanced analytics technologies

 

Global elevator and escalator industry leader KONE has signed an agreement with IBM which will transform KONE’s operations and technology capabilities around the world using the latter’s technology and experience to harness the potential of digitalisation and the Internet of Things(IOT). 

 

The company will use IBM’s Watson IoT Cloud Platform to collect and store equipment data, build applications and develop new solutions.The platform will gather data from sensors and systems connected to elevators, escalators, doors and turnstiles in KONE’s maintenance base.With IBM’s advanced analytics engine, that information will be used to enable new services and new experiences to KONE’s customers.

 

With the IoT platform, KONE ecosystem partners and third parties can create new services and integrate existing services via Application Programming Interfaces.These new serviceswill range from solutions which improve People Flowin buildings and newsmart building applications; to others that advancethe speed, reliability and safety for elevator maintenance,remote monitoring and servicing.

 

Over the next few years, KONE will connect its global maintenance base of more than one million elevators, escalators and building doors to cloud-based services. By gathering the vast amounts of data from equipment operationsand usingsophisticated analysis and connectivity, downtime can be minimised and repairs carried out more quickly.

 

KONE will also work with IBM and its partners from various industries, through IBM’s global facilities, real estate and IoT developer ecosystems. This will bring global scope and scale to a development environment for new kinds of services for some of the world’s busiest cities and buildings. Examples includeapplications that provide information for people during busy times of the day, such as traffic reports and public transport schedules.

 

“Our agreement with IBM is exciting and it is an important stepping stone to deliver the best People Flow experience,” says Henrik Ehrnrooth, President & CEO of KONE Corporation. “We operate in a connected world and by working with IBM, new solutions likeimproved remote diagnostics and predictability means we will deliver betterservices for our customers and great experiences for the people who use our equipment.”

 

IBM is an established leader in the Internet of Things with more than 4,000 client engagements in 170 countries, a growing ecosystem of over 1,400 partners and more 750 IoT patents which together help to draw actionable insight from billions of connected devices, sensors and systems around the world.

 

“Efficient, people-centric cities and buildings are better for business, societies and economies. Central to this is how people move around within them, and intelligent systems are poised to make their experience more convenient, intuitive and enjoyable,” said Harriet Green,General Manager, IBM Watson Internet of Things. “With IBM’s cognitive IoT technologies, KONE is embedding intelligence across its operations and driving a wave of innovation in smarter buildings.”




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