Product Overview Product of Interest: Escalators Buying Criteria for Elevators ➢ Servicing Requirement: Service requirement, servicing frequency and price are the most important factors that need to be considered before the final purchase. This is helpful in analyzing the initial purchasing budget and updating the ongoing safety requirements. ➢ Safety Matters: Safety is the first consideration with an elevator designed to carry people. Along with the safety consideration in a residential elevator installed in the home, commercial elevator’s safe performance helps companies avoid injuries and expensive workers’ compensation issues. Even cargo elevators must be regularly inspected and serviced to keep them safe. A tipped load of cargo can be expensive, even if nobody has been hurt. ➢ Warranty Coverage: Typically, a high-quality elevator should last through many years of regular use and is advisable to have a warranty. It is common for elevator manufacturers to offer a relatively short-term warranty on the products they sell, especially for the makers of home elevators. On top of the factory warranty, many dealers offer extra coverage for elevators. Often, the warranty is only valid if the installation work is being done through the same dealer who sold it. © TechSci Research 99