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A space elevator built according to the Edwards proposal is estimated to have total cost of about $40 billion (that figure includes $1.56 billions operational costs for first 10 years). Subsequent space elevators are estimated to cost only $14.3 billion each. [14] For comparison, in potentially the same time frame as the elevator:
Cost: Starting at $17,999 | Type: Hydraulic | Weight capacity: 550 pounds | Maximum distance: Two floors | Travel speed: 12 feet per minute The AmeriGlide Affinity Elevator has a lot going for it ...
[4] [5] The union limits entry of new workers into the field, and has constrained the ability of firms to use new technology to streamline elevator production in the United States. [5] Data indicates that elevator-related work is the highest paid trade in the United States, with a median wage $47.60 per hour in 2021. [5]
As of January 2008, Spain is the nation with the most elevators installed per capita [104] in the world, with 950,000 elevators installed [105] that run more than one hundred million lifts every day, followed by United States with 700,000 elevators installed and China with 610,000 elevators installed since 1949. [106]
Montgomery Elevator: Acquired by Kone, Canadian division in 1985 and U.S. division in 1994. Marshall Elevator: Sold to Otis; Schweizerische Aufzügefabrik AG; Thyssen AG: Merged with Krupp and became ThyssenKrupp in 1999, with subsidiary ThyssenKrupp Elevator AG; ThyssenKrupp Elevator AG announced in 2021 a name change and rebranding to TK ...
Home lifts are compact lifts for 2 to 4 persons which typically run on domestic electricity. Unlike hydraulic lifts or traditional "gear and counterweight" operated elevators, a home lift doesn't require additional space for machine room, over head, or pit, making it more suitable for domestic and private use.