Schindler Elevator Corporation introduces its Schindler 3100 machine room-less traction elevator. The Schindler 3100 is an MRL specifically designed to replace hydraulic elevators for the low-rise ...

Looking forward, the analyst expects the market to reach USD 14.1 Billion by 2033, exhibiting a growth rate (CAGR) of 4.31% ...

This is unlike in the past, when the machine room was on the top or bottom of traction elevators or close to the base of a hydraulic elevator. Further contributing to the challenge is the ...