Global Market Research Company US United Kingdom Elevators & Escalators Market Forec | Page 6

P r o duc t O ve r v i e w Elevator refers to a carriage or platform that is used for moving people or freight from one level to another in a building. Most modern elevators are designed w ith features like voice recognition system that provides an accessibility aid for the blind, notifications for f loor arrivals and door closing in computer voice, call buttons for any emergency situations, direction lanterns both inside and outside the carrier and LED/LCD floor indicators for delivering a smooth and passenger controlled flawless experience. Elevators are a standard part commercial building such as of malls, any tall hospitals, hotels, residential buildings, etc. Elevators can be classified into two categories, depending on the hoist mechanism and the design. Elevators are classified hydraulic, into four climbing depending on depending on the the types, and namely, pneumatic hoist design, traction, elevators mechanism, elevators while can be classified as machine room less elevators and elevators with different door types. 6 © TechSci Research