Energy consumption in buildings has significantly increased over the years and is now one of the major reasons for the growth in the CO2 emission. New energy efficient equipment can give rise to considerable energy savings. Traditional elevators use about 4% of the electricity in buildings. Many unexploited saving possibilities exist with respect to energy efficient technologies, investment decisions and behavioural approaches. Energy efficient elevators operate on advanced systems like sensors, controllers, motors and drivers which help consume less energy and decreases the waiting time of passengers. According to KONE, a leading elevators manufacturing company in the world, buildings account for 40% of global energy consumption. Rising energy costs and increasing global awareness of protecting the environment have brought a global reconsideration in the planning, building and modernization of buildings. Request Sample Generally, Traditional elevators which have higher energy co...