OREANDA-NEWS. August 28, 2014. To date, ThyssenKrupp Elevator has sold more than 7,000 units of passenger transportation equipment, and services over 2,600 units related to metro and rail infrastructure projects across the Asia Pacific region. The company is poised for continued growth in tandem with the area’s boom in building metro and railway lines.

In the last decade, the construction of metro systems and rail networks in the Asia Pacific region has kept pace with the area’s unprecedented urbanization. With China leading the way, public rail transportation across Asia is rising to world-class standards as countries including Korea, Thailand and India focus on investing in their cities’ infrastructure.

ThyssenKrupp is seizing this momentum and has been on a fast track of expanding its business in this thriving market segment. To date, the company has sold more than 7,000 units of passenger transportation equipment, including elevators, escalators, and moving walks, to metro and railway projects across more than 21 Asian cities. ThyssenKrupp Elevator branches are also servicing over 2,600 units installed in metro and railway systems in the area.

“With mega as well as medium-sized cities across the Asia Pacific region vying to construct rail systems and alleviate their cities’ traffic congestion, we expect continued growth in this dynamic market segment,” said Andreas Schierenbeck, CEO of ThyssenKrupp Elevator AG.

Since elevator and escalator access to train platforms is now indispensable for providing commuter convenience, ThyssenKrupp has successfully captured a substantial share of this rail transit market segment. The company is able to provide the safest and most reliable solutions and services designed for rail systems, as illustrated by its 65 escalators in stations of Beijing Metro Line 15 operating at an amazing 99.99 percent availability rate in 2013.