KONE Corporation and Singapore Elevator Market Vertical Future: Smart Strategies, Innovations & Growth

 


Introduction

As Singapore Elevator Market continues to push the boundaries of urban innovation and vertical living, the demand for advanced, reliable, and sustainable elevator solutions is stronger than ever. A key player powering this momentum is KONE Corporation, a global leader in elevator and escalator technology. Headquartered in Finland and with a strong presence across Asia, KONE is leveraging its expertise to transform how people move in Singapore's rapidly evolving urban landscape.

This article explores how KONE’s cutting-edge technologies, green innovations, and customer-centric strategies are shaping the Singapore elevator market in 2025 and beyond.

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Singapore: A Smart and Vertical City

Singapore is an ideal environment for elevator innovation, thanks to several key trends:

  • High Urban Density: Over 80% of Singapore’s population resides in high-rise apartments, making vertical transportation essential.

  • Smart Nation Ambitions: With digital transformation at the core of government policy, the built environment is evolving into smart, integrated ecosystems.

  • Sustainability Goals: The Building and Construction Authority (BCA) mandates sustainability benchmarks, encouraging energy-efficient elevator systems.

  • Aging Infrastructure: An aging population and building stock call for modernization and accessibility upgrades.

KONE has positioned itself as a market leader in addressing these needs, aligning its strategies to meet both current and future demands.

KONE’s Strategic Pillars in Singapore

1. Smart Technology Integration with KONE DX Class Elevators

KONE’s revolutionary DX (Digital Experience) Class elevators have transformed elevator functionality. These next-gen systems come with built-in connectivity, allowing seamless integration with smart building infrastructure.

Highlights:

  • IoT-enabled for real-time data and predictive maintenance

  • Open APIs to connect with third-party apps (building management, access control, etc.)

  • Personalized user experiences—music, lighting, voice commands

  • Supports touchless and remote calling via smartphone apps

In Singapore’s smart buildings and high-end condos, DX Class elevators are a popular choice for future-ready infrastructure.

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2. Sustainable Innovation: Carbon Reduction & Energy Efficiency

In alignment with Singapore’s Green Mark Certification, KONE delivers eco-efficient elevators that support low-energy consumption and minimal carbon emissions.

Green Innovations Include:

  • Regenerative Drives that return energy to the building grid

  • EcoDisc® motors, which consume up to 60% less energy than traditional systems

  • LED lighting and standby modes to reduce electricity use during idle time

KONE’s elevators support developers aiming for Green Mark Platinum and LEED certifications, helping reduce both operational costs and environmental impact.

3. Customer-Centric Modernization Solutions

Singapore’s urban landscape includes thousands of buildings with aging elevator systems. KONE has rolled out custom modernization packages tailored for:

  • HDB residential blocks

  • Mid-rise commercial properties

  • Hospitals and public service facilities

With minimal disruption to existing structures, KONE upgrades safety, accessibility, and energy performance—meeting both regulatory requirements and user expectations.

Emerging Innovations by KONE in Singapore

A. 24/7 Connected Services with KONE Care™ & KONE 24/7 Connected

Through the KONE 24/7 Connected Services, building owners can monitor elevator health in real time using AI-powered predictive maintenance.

Key Features:

  • Cloud-based diagnostics

  • Proactive alerts before faults occur

  • Faster issue resolution

  • Reduction in elevator downtime

This service is integrated with IBM Watson IoT, ensuring intelligent learning over time—a game-changer in Singapore’s high-occupancy buildings like malls, offices, and hospitals.

B. Touchless and Contactless Elevator Control

Post-pandemic, KONE rolled out multiple touchless solutions to minimize physical contact:

  • Mobile elevator calls via KONE Flow™ app

  • QR code elevator activation

  • Voice-activated controls

  • Gesture-sensitive button panels

These innovations align perfectly with Singapore’s emphasis on hygiene in public spaces, especially in healthcare and transport infrastructure.

C. Inclusive Design & Accessibility

With a growing elderly population, KONE emphasizes inclusive elevator design, ensuring:

  • Barrier-free access

  • Braille buttons and voice guidance

  • Enlarged cabins and intuitive panels for wheelchair access

KONE works closely with BCA guidelines to ensure full compliance with Singapore’s Universal Design Principles.

Case Studies: KONE’s Impact Across Singapore

1. Guoco Tower, Tanjong Pagar

Singapore’s tallest building, Guoco Tower, features KONE’s high-speed elevators with intelligent group control systems to reduce waiting time and increase transport efficiency for thousands of daily occupants.

2. Paya Lebar Quarter (PLQ)

This mixed-use smart precinct uses KONE DX Class elevators connected with the building’s access control and energy systems. The integration provides a seamless visitor experience and optimized energy usage.

3. Singapore Changi Airport

KONE supplies customized escalators and elevators designed for 24/7 operations in high-traffic environments like Terminals 1–4, using durable parts and AI-powered maintenance alerts.

Market Trends Fueling KONE’s Strategy

Smart Building Demand

Developers seek elevators that can communicate with lighting, HVAC, and security systems. KONE’s open API platform makes it easy to connect elevators with these systems, giving it an edge over traditional providers.

Focus on Resilience & Predictability

Singapore’s property managers prioritize uptime. KONE’s predictive maintenance services offer up to 50% fewer breakdowns, reducing disruption in busy commercial and residential complexes.

Push for Green Infrastructure

KONE’s energy-efficient motors, regenerative drives, and lightweight materials help meet Singapore’s national energy goals while delivering cost savings over time.

Strategic Collaborations & Local Integration

KONE has formed strategic partnerships in Singapore with:

  • Local developers (e.g., CapitaLand, Frasers Property)

  • Government bodies (e.g., BCA, URA)

  • Tech providers (e.g., IBM for AI diagnostics)

These collaborations enable KONE to customize offerings, comply with Singaporean codes, and innovate quickly based on real-time market feedback.

Additionally, KONE supports local workforce development by investing in technician training and offering internships through polytechnics and engineering universities in Singapore.

Singapore: KONE’s ASEAN Innovation Launchpad

Singapore acts as a regional innovation hub for KONE’s operations in Southeast Asia. Technologies tested and perfected in Singapore are rapidly rolled out in:

  • Malaysia

  • Indonesia

  • Vietnam

  • Philippines

This gives KONE the agility to meet diverse urbanization needs while maintaining the high standards set by Singapore’s infrastructure.

Conclusion

As Singapore climbs higher and grows smarter, KONE Corporation stands as a trusted mobility partner—delivering intelligent, connected, and sustainable elevator solutions. Through DX Class elevators, predictive analytics, and energy-efficient designs, KONE is not just moving people but shaping the future of cities.

Whether it's transforming iconic skyscrapers or upgrading heartland HDBs, KONE’s innovations continue to elevate urban life in one of Asia’s most future-forward nations.

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