The Elevator and Lift Industry Trends Elevators and lift designers and manufacturers are moving towards extreme modernization by integrating new innovative technologies. Elevator cars, freight elevators, and passenger elevators can be commonly seen in almost every commercial building, such as offices, shopping malls, airports, and railway stations. The elevator and lift industry is in the midst of several game-changing advancements that could revolutionize the way elevators operate in commercial spaces, societies, and homes. Key Players in the Elevators and Lift Market There are more than 1000 big and small players (commercial and home combined) operational globally in the elevators and lift market. Key players in the elevators and lift market are Canny Elevator Co., Ltd.; Fujitec Co., Ltd.; Hitachi Ltd.; Hyundai Elevators Co., Ltd.; Johnson Lifts Private Limited; Kleemann Hellas S.A.; KONE Oyj; Mitsubishi Electric Corporation; Shanghai Mitsubishi Elevator Co., Ltd. (SMEC); Otis Elevator Company; Otis Electric Elevator Co., Ltd.; Sigma Elevator Company Limited; Savaria Corporation https://www.savaria.com/ ; Schindler Group; SJEC Corporation; ThyssenKrupp Elevator AG; Toshiba Elevator and Building Systems Corporation; and Yungtay Engineering Co. Ltd.