The world is moving at an impressive speed. And the elevators must keep up too. But there is something holding back the race: technical obsolescence.
Let’s face it: in North America, a high number of elevator systems have been built since the ’60s. So, over 60 years ago. This means that many elevators and lifting platforms take the brunt of time. We are talking about elevators with aesthetically dated components, obsolete technologies, systems that do not comply (in whole or in part) with industry standards.
But in which direction is the market going?
Towards the radical renewal of elevator systems. In fact, in North America it is estimated that the modernization market will go from a value of 28 billion dollars in 2025 to 43.27 billion in 2033 (source: Market Data Forecast report – April 2025). Exponential and unstoppable growth, with advantageous opportunities for those who are able to seize them before others.
What elements influence this scenario?
The strong urbanization and construction of contemporary-style structures, with an IoT technological heart and an eye towards the environment. This is how increasingly intelligent and interconnected buildings are born, equipped with high-design components and managed with highly energy-saving predictive analysis systems. Products capable of complying with regulations such as ADA or UL, which impose increasingly rigorous and stringent standards in terms of quality, safety and accessibility of elevators.
In this new scenario, Vega is there. With solutions dedicated to the modernization of elevators. As with custom displays, push buttons accessible to all, 3D motion detection, smart destination control, and much more. From number one in the world in elevator design, robust and certified products, with a technological heart simply ahead.