KONE ELEVATORS PTY

KONE announces its new ambitious strategy for 2025-2030

KONE has unveiled its "Rise" strategy for 2025-2030, focusing on leadership in employee/customer experience, sustainability, innovation, growth, and profitability. Key strategic shifts include accelerating digital transformation for service, driving modernization, leading in the residential segment, and reducing carbon footprint. This strategy aims to capitalize on megatrends like urbanization and technological development.

Escalators and Moving Walkways Industry Report 2026-2035: A $25.5+ Billion Market by 2030 with KONE, Otis, Schindler, Fujitec, ThyssenKrupp, Hyundai and Mitsubishi Electric

The global escalators and moving walkways market is projected for significant growth, driven by urban infrastructure projects, smart transport hubs, and airport modernizations. KONE, along with other key players, is positioned to benefit from these trends, which emphasize energy-efficient systems, predictive maintenance, and smart solutions. Government funding for infrastructure development is a vital factor propelling this market expansion.

KONE is planning organizational changes in its Supply Chain and R&D units to improve efficiency and strengthen competitiveness

KONE is undergoing organizational changes in its Supply Chain and R&D units, primarily affecting Finland-based employees, to enhance efficiency and competitiveness. These adjustments are a response to structural shifts in the New Building Solutions market and a strategic pivot towards Service and Modernization, aiming to align operations with current business conditions.