Lift City Expo Riyadh 2024: The Summit of the Elevator Industry in Saudi Arabia
Lift City Expo Riyadh 2024 was held at The Arena Riyadh Venue for Exhibitions in Riyadh, the capital of Saudi Arabia, between October 28-30. The event, organized for the third time, was an important platform where innovations in the elevator and escalator industry were exhibited, business contacts were established and information was shared. More than 200 companies and over 600 brands presented their products and services in the 6,000 square meter exhibition area. The event brought together nearly 10,000 industry professionals.
Wide Product Range and Technological Innovations
Lift City Expo Riyadh hosted a wide range of products from freight and service elevators to home elevators, escalators and lifting systems for the disabled. In addition, the latest technologies in the industry such as control systems, electronic components, energy efficient door drives, car designs and LCD screens were presented to the visitors. The fair offered not only product presentations but also an environment where sectoral innovations and future technologies were discussed.
Conferences and Business Connections
The conferences organized at the event focused on current trends in the sector, innovative solutions and future-oriented projects. In particular, the conferences focused on sustainability, energy efficiency, modernization and digitalization. Participants learned about opportunities to access mega projects in Saudi Arabia and the GCC region. The fair enabled professionals in the sector to come together to establish new business contacts and develop their collaborations.
Strong Representation of the Turkish Elevator Industry
Turkish companies such as Akış Makina, Butkon, Doorlife (Kırıker Metal), Emlak Konut Asansör (EKA) and TTI were strongly represented at Lift City Expo Riyadh 2024. Turkish companies attracted attention with a wide range of products from energy efficient solutions to smart control systems. Approximately $9.3 million worth of component exports to Saudi Arabia in 2020 demonstrated the importance of the Turkish elevator industry in this market. Participants expressed their belief that Turkish companies will further strengthen their influence in the sector by increasing their presence in mega projects in the region.
Overview of Saudi Arabia Elevator Industry
As the largest economy in the Middle East, Saudi Arabia is a leader in construction and infrastructure projects. Mega projects such as NEOM, The Line and New Murabba, carried out within the framework of Vision 2030, are rapidly increasing the demand for modern elevator and escalator systems. The need for energy efficient, environmentally friendly and smart technologies is growing, especially in line with smart city concepts and sustainable development goals.
Emerging Dynamics of the Market
Saudi Arabia is experiencing dynamic growth in the vertical transportation sector with rapid population growth, urban transformation projects and demand for luxury housing. Iconic structures such as Kingdom Tower in Riyadh and Jeddah Tower in Jeddah are increasing the country's appeal in the elevator and escalator market. In addition, mega projects as well as modernization projects for hotels, residences and commercial buildings support mobility in the sector.
Smart Solutions and Sustainability
As sustainable construction projects come to the forefront in Saudi Arabia within the framework of Vision 2030, the demand for energy efficient and digitalized elevator systems is increasing. This creates a great opportunity for international companies and investors. In particular, fast elevators, advanced security measures and integrated smart systems are among the prominent requirements in the Saudi Arabian market.
Riyadh: A Regional and Global Trade Center
Lift City Expo Riyadh has been a great success, reflecting the transformation of the industry in line with Saudi Arabia's Vision 2030 goals. Riyadh is becoming a hub shaping the dynamics of the elevator industry with largescale infrastructure projects and international trade connections. The city's real estate sector and architectural projects keep the demand for modern vertical transportation solutions alive.
Importance of Lift City Expo Riyadh
Lift City Expo Riyadh 2024 represented a showcase for the elevator industry, not only for Saudi Arabia but for the entire MENA region. The event was an important meeting point where exhibitors and visitors exchanged sectoral information, made business contacts and experienced innovative solutions, inspiring future projects. With a strong representation of both local and international companies, the exhibition opened the door to industry collaborations and new opportunities.
Emerging Dynamics of the Market
Saudi Arabia is experiencing dynamic growth in the vertical transportation sector with rapid population growth, urban transformation projects and demand for luxury housing. Iconic structures such as Kingdom Tower in Riyadh and Jeddah Tower in Jeddah are increasing the country's appeal in the elevator and escalator market. In addition, mega projects as well as modernization projects for hotels, residences and commercial buildings support mobility in the sector.
Smart Solutions and Sustainability
As sustainable construction projects come to the forefront in Saudi Arabia within the framework of Vision 2030, the demand for energy efficient and digitalized elevator systems is increasing. This creates a great opportunity for international companies and investors. In particular, fast elevators, advanced security measures and integrated smart systems are among the prominent requirements in the Saudi Arabian market.
Riyadh: A Regional and Global Trade Center
Lift City Expo Riyadh has been a great success, reflecting the transformation of the industry in line with Saudi Arabia's Vision 2030 goals. Riyadh is becoming a hub shaping the dynamics of the elevator industry with largescale infrastructure projects and international trade connections. The city's real estate sector and architectural projects keep the demand for modern vertical transportation solutions alive.
Importance of Lift City Expo Riyadh
Lift City Expo Riyadh 2024 represented a showcase for the elevator industry, not only for Saudi Arabia but for the entire MENA region. The event was an important meeting point where exhibitors and visitors exchanged sectoral information, made business contacts and experienced innovative solutions, inspiring future projects. With a strong representation of both local and international companies, the exhibition opened the door to industry collaborations and new opportunities.