Business & Market

Market sizing, IPO and M&A activity, competitive analysis, financial reporting, and business intelligence covering the global elevator, escalator, and vertical transportation sector.

Stories in Business & Market 4 articles

Business & Market

TK Elevator Weighs $22.7 Billion U.S. IPO, Would Be Largest Elevator Industry Listing in History

The fourth-largest elevator maker globally is exploring a U.S. listing valued at over 20 billion euros. The U.S. accounts for approximately 35% of TKE's total 9.3 billion euros in annual sales.

Reuters / Elevator World · Mar 20266 min read

Business & Market

Global Elevator Market Hits $113.9B, Modernization Outpaces New Installations

Projected to reach $161B by 2030. Modernization now leads growth for the first time in 20 years, driven by aging infrastructure and smart city development.

GlobeNewswire · Mar 2, 20265 min read

Residential

Shaftless Home Elevator Market Projected to Reach $2.31B by 2030

Aging populations, smart home integration, and luxury upgrades drive 8.6% CAGR growth. Savaria, Stiltz, and Nibav lead with compact, IoT-enabled residential platforms.

GlobeNewswire · Mar 2, 20263 min read

M&A Activity

Kings III Acquires LiftNet to Consolidate Elevator Emergency Communications

The acquisition combines Kings III's 36-year emergency monitoring network with LiftNet's cloud-based elevator performance analytics platform across North America.

Kings III / Elevator World · Apr 20253 min read

Get The Intelligence Feed

Independent coverage of the entire vertical transportation industry. Real stories, real sources, delivered daily.

No spam. Unsubscribe anytime. Your data stays yours.