For Elevator Makers, The Sky's The Limit
Bloomberg Businessweek|February 19, 2018

A new generation of megatowers pushes manufacturers to update lift technologies

Oliver Sachgau
For Elevator Makers, The Sky's The Limit

Two thousand years ago, the Romans used elevators—powered by pulleys, levers, and slaves—to raise gladiators and wild beasts into the Colosseum for death-match spectacles. Since then, elevator technology has been largely based on the same mechanics, with electricity-propelled cables, rather than teams of rope-hauling humans, providing the lift. These days, however, an engineering revolution is going on. Driven by a boom in megatowers the Romans could not have imagined, the global giants that dominate the industry are engaged in technological one-upmanship.

Real estate developers are on pace to build 187 towers soaring at least 250 meters (820 feet, or almost the length of three football fields) over the next two years. That’s triple the number of such megatowers built in the entire 20th century. It’s forcing companies such as Kone, Thyssenkrupp, and Otis Elevator to reach higher than ever in search of their next breakthrough.

Kone Oyj, which manages a global workforce of 55,000 from Espoo, Finland, says it’s “pushing the limits of elevator physics” at a 350-meter deep lab it recently reopened inside an active limestone mine west of Helsinki. The expanded facility holds 11 shafts where Kone conducts experiments involving everything from its patented superlight hoisting material to robotics, vibrational resonance, and free falls.

This story is from the February 19, 2018 edition of Bloomberg Businessweek.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

This story is from the February 19, 2018 edition of Bloomberg Businessweek.

Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.

MORE STORIES FROM BLOOMBERG BUSINESSWEEKView All
Instagram's Founders Say It's Time for a New Social App
Bloomberg Businessweek US

Instagram's Founders Say It's Time for a New Social App

The rise of AI and the fall of Twitter could create opportunities for upstarts

time-read
4 mins  |
March 13, 2023
Running in Circles
Bloomberg Businessweek US

Running in Circles

A subscription running shoe program aims to fight footwear waste

time-read
3 mins  |
March 20 - 27, 2023
What I Learned Working at a Hawaiien Mega-Resort
Bloomberg Businessweek US

What I Learned Working at a Hawaiien Mega-Resort

Nine wild secrets from the staff at Turtle Bay, who have to manage everyone from haughty honeymooners to go-go-dancing golfers.

time-read
10 mins  |
March 20 - 27, 2023
How Noma Will Blossom In Kyoto
Bloomberg Businessweek US

How Noma Will Blossom In Kyoto

The best restaurant in the world just began its second pop-up in Japan. Here's what's cooking

time-read
3 mins  |
March 20 - 27, 2023
The Last-Mover Problem
Bloomberg Businessweek US

The Last-Mover Problem

A startup called Sennder is trying to bring an extremely tech-resistant industry into the age of apps

time-read
10+ mins  |
March 20 - 27, 2023
Tick Tock, TikTok
Bloomberg Businessweek US

Tick Tock, TikTok

The US thinks the Chinese-owned social media app is a major national security risk. TikTok is running out of ways to avoid a ban

time-read
10+ mins  |
March 20 - 27, 2023
Cleaner Clothing Dye, Made From Bacteria
Bloomberg Businessweek US

Cleaner Clothing Dye, Made From Bacteria

A UK company produces colors with less water than conventional methods and no toxic chemicals

time-read
3 mins  |
March 20 - 27, 2023
Pumping Heat in Hamburg
Bloomberg Businessweek US

Pumping Heat in Hamburg

The German port city plans to store hot water underground and bring it up to heat homes in the winter

time-read
3 mins  |
March 20 - 27, 2023
Sustainability: Calamari's Climate Edge
Bloomberg Businessweek US

Sustainability: Calamari's Climate Edge

Squid's ability to flourish in warmer waters makes it fitting for a diet for the changing environment

time-read
4 mins  |
March 20 - 27, 2023
New Money, New Problems
Bloomberg Businessweek US

New Money, New Problems

In Naples, an influx of wealthy is displacing out-of-towners lower-income workers

time-read
4 mins  |
March 20 - 27, 2023