Global Vertical Mobility Leaders to Converge in Bengaluru at Smart Lift & Mobility World 2026
Jan 16, 2026
Bengaluru (Karnataka) [India], January 16: As cities around the world grow taller, denser and smarter, the global elevator and vertical mobility industry estimated to be worth over USD 90 billion, is undergoing a profound transformation driven by urbanisation, technology and sustainability. India today stands as the world's second-largest elevator and escalator market after China accounting for over 9% of global demand, with the domestic elevator market projected to grow at a CAGR of 7.2% between 2025 and 2031. Globally, more than 18 million elevators and escalators are in operation today, transporting over one billion people every day, with demand rising sharply across Asia-Pacific and emerging economies. Against this powerful backdrop, Smart Lift & Mobility World (SLMW) 2026, to be held in Bengaluru, will bring together industry leaders, policymakers, architects, developers and technology innovators from India and across the world under one roof.
