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General Otis KR

๐—ข๐˜๐—ถ๐˜€ ๐—ž๐—ผ๐—ฟ๐—ฒ๐—ฎโ€™๐˜€ ๐—Ÿ๐—ฎ๐—ป๐—ฑ๐—บ๐—ฎ๐—ฟ๐—ธ ๐—ฅ๐—ฒ๐˜๐—ฟ๐—ผ๐—ณ๐—ถ๐˜ ๐—ฆ๐—ถ๐—ด๐—ป๐—ฎ๐—น๐˜€ ๐—ฎ ๐—•๐—ถ๐—ด๐—ด๐—ฒ๐—ฟโ€ฆ

Published June 29, 2026 linkedin verified
At a Glance

๐—ข๐˜๐—ถ๐˜€ ๐—ž๐—ผ๐—ฟ๐—ฒ๐—ฎโ€™๐˜€ ๐—Ÿ๐—ฎ๐—ป๐—ฑ๐—บ๐—ฎ๐—ฟ๐—ธ ๐—ฅ๐—ฒ๐˜๐—ฟ๐—ผ๐—ณ๐—ถ๐˜ ๐—ฆ๐—ถ๐—ด๐—ป๐—ฎ๐—น๐˜€ ๐—ฎ ๐—•๐—ถ๐—ด๐—ด๐—ฒ๐—ฟ ๐—˜๐—น๐—ฒ๐˜ƒ๐—ฎ๐˜๐—ผ๐—ฟ ๐— ๐—ผ๐—ฑ๐—ฒ๐—ฟ๐—ป๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—–๐˜†๐—ฐ๐—น๐—ฒ A major elevator project in Seoul is highlighting where the next growth cycle may emerge. Otis Elevator Korea has completed its largest-ever elevator replacement project in the city, modernizing the vertical-transportation systems at the SOM-designed GS Gangnam Tower. The work included advanced high-speed elevators, maintenance, and wider modernization services. For building owners, manufacturers, and smart-city planners, the significance extends beyond one landmark. Aging high-rise buildings across mature urban markets increasingly require safer, more energy-efficient, and connected systems.

Full intelligence

๐—ข๐˜๐—ถ๐˜€ ๐—ž๐—ผ๐—ฟ๐—ฒ๐—ฎโ€™๐˜€ ๐—Ÿ๐—ฎ๐—ป๐—ฑ๐—บ๐—ฎ๐—ฟ๐—ธ ๐—ฅ๐—ฒ๐˜๐—ฟ๐—ผ๐—ณ๐—ถ๐˜ ๐—ฆ๐—ถ๐—ด๐—ป๐—ฎ๐—น๐˜€ ๐—ฎ ๐—•๐—ถ๐—ด๐—ด๐—ฒ๐—ฟ ๐—˜๐—น๐—ฒ๐˜ƒ๐—ฎ๐˜๐—ผ๐—ฟ ๐— ๐—ผ๐—ฑ๐—ฒ๐—ฟ๐—ป๐—ถ๐˜‡๐—ฎ๐˜๐—ถ๐—ผ๐—ป ๐—–๐˜†๐—ฐ๐—น๐—ฒ

A major elevator project in Seoul is highlighting where the next growth cycle may emerge.

Otis Elevator Korea has completed its largest-ever elevator replacement project in the city, modernizing the vertical-transportation systems at the SOM-designed GS Gangnam Tower. The work included advanced high-speed elevators, maintenance, and wider modernization services.

For building owners, manufacturers, and smart-city planners, the significance extends beyond one landmark. Aging high-rise buildings across mature urban markets increasingly require safer, more energy-efficient, and connected systems. That is shifting industry attention from new installations toward recurring service and large-scale retrofit opportunities.

Next Move Strategy Consulting values the global elevator market at USD 108.13 billion in 2025 and projects it to reach USD 148.20 billion by 2030, at a CAGR of 6.51%.

Could modernization become the elevator industryโ€™s most dependable long-term growth engine?

๐—ž๐—ฒ๐˜† ๐—ฃ๐—น๐—ฎ๐˜†๐—ฒ๐—ฟ๐˜€ ๐˜๐—ผ ๐—ช๐—ฎ๐˜๐—ฐ๐—ต:

Otis Elevator Co. | KONE | Schindler Group | TK Elevator | Mitsubishi Electric | Hitachi | Fujitec Elevators & Escalators | HYUNDAI ELEVATOR | Toshiba | Canny Elevator Co.,Ltd | Orona | KLEEMANN | Wittur Group | Nidec Conversion | Johnson Lifts & Escalators | SJEC Elevator Corporation Co., Ltd. | Hyundai Engineering & Construction Co.,Ltd. |

๐—ฉ๐—ถ๐—ฒ๐˜„ ๐—ข๐˜‚๐—ฟ ๐—œ๐—ป๐˜€๐—ถ๐—ด๐—ต๐˜๐˜€:

https://lnkd.in/dxuaYjdu

#OtisElevator #ElevatorModernization #SmartBuildings #VerticalTransportation #UrbanInfrastructure #HighRiseBuildings #BuildingTechnology #SouthKorea #IoT #EnergyEfficiency #SmartCities #IndustryNews #InfrastructureInvestment

Related hub: Otis intelligence hub

Original source: https://www.linkedin.com/posts/archana-revane-640b741aa_otiselevator-elevatormodernization-smartbuildings-activity-7477247896992768000-9As7