Elevators
Elevators and escalators have become an essential part of every commuter's life. The global elevators and escalators market size is projected to grow from USD 134.4 billion in 2021 to USD 183.2 billion by 2026, at a CAGR of 6.4% from 2021 to 2026. IoT, artificial intelligence, and embedded technology have substantially impacted all spheres, including vertical transportation. Increasingly, high-rise buildings are becoming superstructures, making the use of hi-tech elevators necessary.
LTTS is the preferred innovation partner for major players specializing in technology-driven elevators and escalators. We offer a wide range of future-ready services backed by cutting-edge technology.
Our Capabilities
Our customers in the elevator and escalator industries benefit from our best-in-class solutions. By offering product development, innovation, and engineering services and solutions, LTTS helps companies accelerate their digitalization and connectivity initiatives. These are some of the things we help our clients with:
Provide deep domain knowledge and cross-disciplinary expertise
Value engineering services that ensure products are optimized for cost
Customized elevator and escalator solutions aligned with compliance standards
Enabling manufacturers to reduce time-to-market significantly
Our Services
LTTS’s full range of elevator and escalator services and solutions include:
Engineering - Products
- Drives - HW, SW & Test Automation
- Test Systems
- Connectivity Solutions
- Design engineering and Drafting
- Functional Safety
- Model Based Design
Innovation
- Mechanic Safety
- People Flow
- Energy Sustainability
- Image Processing
Operations
- Smart Factory - OEE, Traceability & Material Handling
- 3D work instruction
- Contract logistics Drafting
- Installation and service manual automation
After Market
- Service Transformation
- Sensor Modules development
- Cloud & Mobile App development
- Mechanic Safety Solutions
Engineering Process
- PLM Implementation Migration
- Technical Data Management
- Model Based Definition
- Digitization
The LTTS Edge
LTTS delivers engineering services to global industry leaders. It uses digital technologies and advanced analytic skills, as well as industry knowledge and technical experience, to assist clients in solving challenging business challenges. As a DBM partner that takes solution ownership across the value chain, LTTS enables its clients to focus on their core competencies, innovate, and remain ahead of the competition leveraging:
- Over 15+ years of industry experience
- State of Art Labs & Platforms Home build Platforms
- Energy efficient drives that reduce power usage and help in meeting green targets
- Reduced waiting time, improved traffic management, and secured
- User access with integrated IoT, data analytics, and digital security control solutions
- Minimized cost and effort involved in sustenance activities by using
- Remote elevator management and health monitoring
- Smart Controls with vibration, acoustic, and floor-level sensing