Elevator Industry Statistics 2025

Elevator Industry Statistics 2025 | Quality Elevator Company Elevator Industry Statistics 2025: Key Data, Trends & Compliance Figures Direct Answer: The global elevator and escalator market is a multi-hundred-billion-dollar industry, with the United States alone operating more than 900,000 elevators that collectively make an estimated 18 billion trips per year, making vertical transportation one of […]
Elevator Service Contract Negotiation Tips

Elevator Service Contract Negotiation Tips: A Complete Comparison and Decision Guide Quick Answer: To negotiate a strong elevator service contract, building owners should compare full-maintenance versus inspection-only agreements, clarify what parts and labor are included, understand compliance obligations under applicable safety codes, and work with an independent certified service provider to avoid manufacturer lock-in and […]