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Corporate Update KONE BE

Close to 10 million elevators and escalators in cities around the world are aging

Published June 8, 2026 Last Updated July 3, 2026 linkedin verified
At a Glance

Close to 10 million elevators and escalators in cities around the world are aging — and the opportunity to modernize them has never been bigger. At KONE, our purpose is to shape the future of cities. That means helping building owners future-proof their equipment in a way that's easy, fast, and cost-efficient — while improving performance, energy efficiency, and the everyday experience for people using these buildings. But modernization is no small decision. Downtime, costs, and uncertainty about what's actually needed often push it further down the list.

Full intelligence

Close to 10 million elevators and escalators in cities around the world are aging — and the opportunity to modernize them has never been bigger.

At KONE, our purpose is to shape the future of cities. That means helping building owners future-proof their equipment in a way that's easy, fast, and cost-efficient — while improving performance, energy efficiency, and the everyday experience for people using these buildings.

But modernization is no small decision. Downtime, costs, and uncertainty about what's actually needed often push it further down the list.

Hear from Dennis Viewheg, SVP of Modernization, on why modernization is the biggest opportunity in the industry right now.

#KONE #Modernization #BuildingLifecycle #ElevatorIndustry #FutureReady

Related hub: KONE intelligence hub

Original source: https://www.linkedin.com/posts/kone_kone-modernization-buildinglifecycle-ugcPost-7467241053734203392-l-Bd