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Elevator Technology and Safety: Achieving Higher Grounds

By Manish Mehan Elevator safety has become a paramount concern as the demand for taller structures grows and urban infrastructure becomes increasingly intricate. Technological advancements are revolutionizing vertical transportation, enhancing its safety, efficiency, and convenience. According to a recent study conducted by Technavio, the elevator and escalator market in India is projected to expand by USD 784.24 million between 2022 and 2027, boasting a Compound Annual Growth Rate (CAGR) of 8.9%. The industry's growth will be propelled by the proliferation of high-speed metro projects, a surge in disposable income and...
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