elevator makers seek to break record speeds
'G1 tower' by hitachi
to minimize urban sprawl in china, it is estimated that 50 000 skyscrapers will be
erected in the next 15 years. with this phenomenon, the demand for faster elevators
has also increased as more high-rise towers continue to go up. from this, a competitive
market has emerged amongst manufacturers such as otis elevator co, hitashi ltd,
hyundai elevator co and toshiba corp who each are seeking to be leaders in breaking
record speed.

'burj khalifa', a 128 story building that uses a
double-deck lift that move visitors at a speed 22 miles/ hour
image courtesy of reuters
currently, otis elevator, responsible for the 57 lifts of 'burj
khalifa' in dubai, leads the market
share, with its title as the world’s oldest and biggest elevator maker.
however, competitors
such as but hitachi ltd. and hyundai elevator co. are shortly behind and
keen on raising
the bar on elevation technology.
additionally, a 50-story testing tower valued at 66 million was built by hitachi last month to
research and develop elevators with faster record times. located in hitachinaka, japan,
the 'G1 tower' is the tallest facility of its kind to be erected at about 700 feet tall. the building
will enable the company to try out elevator speeds of more than 3500 feet per minute.

'taipei 101'
the burj khalifa in dubai, taipei 101 in taiwan and even those still under construction such as
the 'freedom tower' in new york are already keeping a close eye on any new developments
made by the 'g1' tower.
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