Schindler Ps

Schindler Holding AG engages in the production, installation, maintenance, and modernization of elevators, escalators, and moving walks worldwide. It offers Schindler PORT, a transit management system; CleanMobility solutions; Schindler R.I.S.E, a robotic installation system; Schindler MetaCore which enables buildings to be repurposed and their functionality to be reconfigured; Schindler CLIMB Lift, a self-climbing system; Schindler X8; Digital Twin; and BuildingMinds, a cloud based SaaS platform that lets users monitor the performance of a real estate portfolio. In addition, the company provides digital services; and Building Information Modeling which provides traceability and insights throughout the project life cycle, including planning, design, construction, operation, and maintenance. The company was founded in 1874 and is headquartered in Hergiswil, Switzerland.

Aging Population▲

Vietnam Elevator and Escalator Market Forecast to Exceed 51,000 Units by 2031

Vietnam's elevator and escalator market is forecast to grow from an estimated 41,717 units in 2025 to 51,013 units by 2031, a compound annual growth rate of 3.4 percent. Public investment reached VND 902 trillion, or 34 billion dollars, in 2025, driving demand through major transport projects and urban developments. An ageing population and stricter building regulations are further boosting the need for modern vertical transport systems. AI integration by companies like KONE, OTIS, and Schindler is creating new opportunities, while high installation costs exceeding 50,000 dollars per unit and geopolitical tensions remain key restraints.

0II2.LSE ▲OTIS ▲SCHN.SW ▲SCHP.SW ▲

Aging Population ▲

GlobeNewswire·42dRead more ▾