Industry Insight: Up and up - Smart technology, green solutions propel elevator and escalator market episode artwork

EPISODE · Dec 3, 2024 · 17 MIN

Industry Insight: Up and up - Smart technology, green solutions propel elevator and escalator market

from The Afternoon Update with Lynlee Foo · host MONEY FM 89.3

Industrialisation and rapid urbanisation across Asia-Pacific, particularly in countries like China and India, are fuelling a surge in demand for elevators and escalators in malls, shopping complexes, and residential buildings. As the market evolves, key innovations such as enhanced safety mechanisms, predictive maintenance, and energy-efficient designs are becoming industry standards. Edward Loy, Managing Director for Southeast Asia at KONE, shares some of the trends that will reshape the elevator and escalator market into the future. He discusses the concept of people flow and the way it improves productivity and profitability, and how KONE is leveraging technology to meet the growing urban infrastructure demands across the region.See omnystudio.com/listener for privacy information.

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Industry Insight: Up and up - Smart technology, green solutions propel elevator and escalator market

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