What did KONE report for the modernization market?

What is the direct answer?

Direct answer: KONE said modernization growth was double-digit across all regions in the second quarter of 2026. The company also reported that April–June orders received increased 10.6% year on year and described service and modernization as the strongest growth opportunities.

Primary source: KONE half-year financial report, July 22, 2026.

Why is modernization demand increasing?

Which building-owner pressures are driving projects?

Direct answer: Aging equipment, recurring repairs, accessibility expectations, energy targets and the need for compatible digital services are pushing owners to assess upgrades earlier. KONE’s report specifically links global modernization growth to the aging equipment base and demand for improved energy efficiency.

Does growth mean every elevator needs full replacement?

Direct answer: No. The correct scope may be a targeted component upgrade, a phased package or full replacement, depending on equipment condition, code gaps, spare-parts availability and lifecycle cost. Buyers should begin with a condition survey and risk-ranked scope rather than a product list.

What should international buyers check before ordering?

How should the compliance baseline be defined?

Direct answer: Identify the destination country, adopted code edition, authority having jurisdiction and required conformity route before approving components. The European Commission lifts page summarizes the EU regulatory framework, while the ASME A17.1/CSA B44 overview supports North American specification discussions.

Which interface data reduce procurement risk?

Direct answer: Provide existing controller and drive data, machine type, suspension arrangement, door operator, shaft and pit dimensions, rated load and speed, power supply, traffic profile and required outage windows. Require interface drawings, software-access responsibilities, commissioning procedures and recommended spare parts.

Where does ZH-ENG fit into a modernization RFQ?

For modernization packages involving controllers, traction machines, door systems, safety components or replacement parts, buyers can review ZH-ENG elevator components. Compatibility, certification and final scope must be verified against the installed equipment and approved project documents.