Elevators have significant importance in making life easy, obviating the need for re-occurring movements of climbing stairs. They also reduce the cases of typical accidents that include crumbling down the stairs etc. One of the major factors fuelling the growth of this market includes the rising need for maintenance and modernization of elevators. The increasing infrastructure spending by emerging economies is anticipated to result in the growth of the elevators market. The Building and construction industry is anticipated to witness over 2.5 percent CAGR in the global elevator market until 2027, majorly driven by the increasing construction activities. Based on the enduser type, elevators are segmented into residential, institutional, and commercial.
Owing to the increasing elderly population, residential elevators are becoming more and more useful. Moreover, these elevators are helpful for the access solution of the disabled. According to recent reports, the global Residential Elevators market size is anticipated to reach USD 19450 million by 2026, growing at a CAGR of 3.7 percent. Intending to attract environmentally-conscious customers the elevator manufacturers are mainly focusing on building sustainable products.
Customers in the Residential Elevators landscape do not want to have much alterations or civil work done in their houses. They do not want long, drawn out construction work done in the comforts of their home. Moreover, most of the prospective customers shop for reliable, simple, and easy-to-install products from a company that has a longstanding reputation with excellent customer service. And, at times they require a very short delivery timeline for supply and installation.
Perfectly understanding the aforementioned expectations, Miami-based Pneumatic Vacuum Elevators LLC (PVE) is engaged in the manufacturing of Pneumatic Vacuum elevators which not only meet the project requirements and needs of the customers but also exceed the customer expectations.
World’s only Air-Driven Home Elevators
As the world’s only Air-Driven Home Elevators, Vacuum Elevators have a number of innovative features not found in any other product in the market. Not requiring a pre-construction shaft, pit, or machine room, Pneumatic’s panoramic home elevators simply rest on the existing ground floor offering more flexibility with where they can be installed. With 3 PVE Elevator sizes to choose from, ranging from a single passenger to a three-passenger wheelchair-accessible model, these self-supporting elevators are also space-saving solutions for the home with Pneumatic’s smallest model only occupying 750mm of space.
With the plug & play system that does not require any harmful oils, gases or lubricants for operation, these eco-friendly lifts are relatively maintenance-free when compared to traditional elevators and have been known to be installed within 2 -3 days. Not just that, the elevator has an attractive design that offers 360-degree visibility for people inside the elevator while travelling. As fully certified home elevators, these are some of the benefits and incredible features the PVE Elevator offers to homeowners.
Talking about the major specialization area of the company the Noor Mohamed, the COO & Director of PVE says, “We specialise in Pneumatic Elevators. Although we have mastered Pneumatic Technology for 18 plus years, we believe that we have optimally tapped into this revolutionary technology. With our product reaching over 90 plus countries across the world, one of our greatest achievements since our inception is training over 500 authorized distributors across the globe that are all licensed to sell and install our PVE Elevators in their respective markets. We are actively growing our dealer network across India.”
Innovative & technology-driven
M/s. Pneumatic Vacuum Elevators & Lifts India Pvt Ltd. is a fully owned subsidiary of M/s. Pneumatic Vacuum Elevators LLC., founded in 2002. Pneumatic Vacuum Elevators, LLC (PVE) is the original inventors & manufacturers of this elevator technology with its worldwide headquarters based in Miami, Florida, USA.
An innovative, technology-driven company revolutionizing how people and goods are transported vertically, PVE has recently set up a manufacturing facility in Tamil Nadu, India which is the fourth factory worldwide after Europe, North America, and South America. With over 20,000 successful installations worldwide in over 90 plus countries globally, PVE has customers and authorized distributors in five continents to ensure all customers receive the highest quality product and service.
Unique technology
Talking about the unique technology PVE implements in building the elevators, Noor Mohamed, says, “Our technology is unique and our elevators are powered by the most abundant resource in the world – ‘AIR’, which has made our products environmentally friendly. We don’t require a pit, shaft, headroom, or any additional civil work which allows more flexibility and ease of installation. All we need is enough space to install the PVE Elevator, and with 3 different sizes to choose from – 30 inches, 37 inches & 52 inches in diameter – there is a home elevator to meet any projects spatial limitations, or requirements.”
“While these are custom-built elevators, they can be manufactured to meet short delivery timelines if needed. There have been times when one of our clients was in dire need of our elevator and we were able to manufacture within 3 days’ time,” he adds.
Noor Mohamed, Director & COO, Syed Abuthahir, General Manager
Safety tested & Certified by reputable certification bodies
One of the major factors differentiating the products of PVE from other players in this landscape includes the safety tests conducted prior to delivery of the products. Every vacuum elevator shipped from any of the Pneumatic Elevators factories worldwide is pre-built and safety tested prior to delivery and this is very rare in the home elevator market. Furthermore, Pneumatic’s Vacuum Elevators are fully certified by The LIFT INSTITUUT, The Netherlands, which is one of the most reputable certification bodies worldwide for home lifts. This ensures that Pneumatic’s elevators annually meet the highest product, manufacturing, and safety standards.
PVE Sales Representatives contact prospective customers directly to best understand their specific project requirements to help locate the ideal elevator solution for their needs. Not just that, the company provides an unconditional 5-year warranty on the products.
The Journey so far
Pneumatic Vacuum Elevators (PVE) began its journey when the Vacuum Elevator was first introduced to the elevator industry at the 2002 National Association of Elevator Contractors Convention in North America. Following the overwhelming reception to the company’s ground breaking technology, PVE launched its first factory in Miami, Florida, the USA where it began developing the Vacuum Elevator for mass production and building channels of distribution worldwide. The first PVE Elevator developed and distributed was the PVE37 model, a 2-passenger home elevator with a total exterior diameter of 37 inches.
Perfectly understanding the aforementioned expectations, Miamibased pneumatic vacuum elevators LLC (PVE) is engaged in the manufacturing of pneumatic vacuum elevators which not only meet the project requirements and needs of the customers but also exceed the customer expectations
With the PVE37 already a space-saving solution, PVE saw an opportunity in retrofit and new construction projects where no other home elevator was feasible owing to size restraints. In order to capitalize on this trend, PVE developed the world's smallest fully certified elevator, the PVE30. A single passenger residential elevator, the PVE30 has a total exterior diameter of 30 inches and can fit in locations no other elevator can, due to its space-saving design.
With almost two decades of experience, PVE is now a global leader in the home elevator industry. With subsidiaries in Spain and India overseeing production and distribution in each respective continent, PVE's global headquarters remains in Miami, Florida, the USA with its sister company based in Argentina. With the launch of PVEs fully operational subsidiary in Chennai, India, PVE received a glowing reception at last year's 2020 International Elevator & Escalators Expo in Mumbai, India further strengthening the company’s presence in one of the world's fastest-growing markets.
With over 20,000 plus successful installations worldwide in over 90+ countries, Pneumatic Vacuum Elevators has remained at the forefront of the home elevator industry with satisfied customers and distributors in five continents.
The Journey ahead
Moving ahead, PVE not only plans to have a PAN India presence but also to expand its presence in the neighbouring countries as well. The company is also planning to establish a network of trained authorized distributors to service each respective market.
“As we expand our network across India, our presence in each region will allow us to be more selective and targeted with our marketing campaigns. Moreover, our company has all the essentials and expertise needed to grow across India and the neighbouring regions,” concludes Noor Mohamed.
