How much does it cost to replace an elevator?

Our experts will prepare a tailored budget around your needs, taking into account existing equipment status, traffic and building type.

What is the difference between elevator renovation and full replacement?

Elevator renovation involves improvements to specific parts as and when you need. Elevator replacement involves removal of your old escalator and installation of new equipment.

How often does an elevator need to be replaced?

Our experts can guide you throughout the planning process, assessing your equipment's status and making recommendations as to when and how you should replace your equipment.

How do you replace an elevator?

Our experts make an assessment of your building and equipment and ensure replacement is as smooth and hassle-free as possible.

What new technology for elevators is available?

With a new elevator you can benefit from advanced drive and step chain components that improve equipment functionality or aesthetic and safety upgrades to maximize equipment.

New Life For Your Building With Elevator Replacement | KONE Modernization

Increase the value of your building

A new elevator will enhance the appearance of your building and provide a new level of ride comfort for users. Replacing your elevator will also make significant improvements to the cost-effectiveness of your equipment whilst allowing you to take advantage of connectivity and the latest value-adding technology.

Cut equipment running costs

Modern elevators use improved hoisting and controller technology including regenerative drive technology, meaning running costs are significantly reduced and performance is maximized.

Update the user experience

Improve accessibility and deliver smooth, quiet and convenient travel for users, thanks to modern interior design options and the latest way-finding and signalization technology.

Prepare for the future

Don’t wait to replace your elevator. Introduce connectivity now to improve safety and add value to your building, ensuring your equipment is ready for the next evolution in people flow technology.

Give your building new life with a brand-new elevator

Quickly add value to your building and improve the lives of tenants by adding a new elevator.

Fast

uplift of your building

Enhance your building's appeal

Premium

ride comfort

Give users the best experience

43%

Up to 43% increase in speed

Reduce elevator waiting time

Let's discuss a solution that fits your building

Let’s discuss your needs. Fill in the form and get a free quote. Our experts are looking forward to hearing from you.

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Leading innovation and technology

KONE has been innovating for over a century and we’re a global leader in innovation and technology.

KONE DX CLASS ELEVATORS

Built-in connectivity

When you replace an elevator, connectivity comes built-in. This enables you to use the latest technology to anticipate maintenance needs with predictive maintenance. You can even have issues fixed over the air with remote services. Connectivity also unlocks elevator data integration to building management system and new digital services for users.

REGENERATE ENERGY

Regenerative drive technology

KONE’s regenerative drive technology recovers braking energy from the elevator motor and feeds it back into the building’s power grid. Benefit from up to 40% in energy savings by recovering energy from daily elevator use. This improves efficiency, lowers costs, and supports sustainability.

Predictive maintenance

KONE 24/7 Connect

KONE 24/7 Connect monitors equipment in real-time and utilizes AI-based analytics to evaluate equipment status and health, enabling the identification of potential issues before they cause problems.

Let's discusss a solution that fits your building

Speak to an expert

Hassle-free installation, easy maintenance

Replacing your elevator can be smooth and straightforward with limited disruptions to building functionality. Our experts consider every aspect of your project to ensure you receive the highest level of care and support from start to finish.

Planning

Together, we identify your unique needs with a detailed site survey. A clear schedule and cost breakdown is provided and budgeting, financing, and subsidies are discussed.

Safety

Permits, plans and calculations are approved by authorities. Floors, walls, and walkways are protected. Dust and noise are kept to a minimum and building users are able to move around safely.

Installation

A KONE project manager ensures proactive communication keeps all stakeholders up-to-date. Quick installation saves time and minimizes property damage. We reuse serviceable parts to maximize sustainability.

Elevators in use

We think long-term to find the best maintenance plan for you and maintenance activities are optimized with a proactive approach. A connected elevator enables cost-saving predictive maintenance.

Benefit from best-in-class energy efficiency

By replacing your aging elevator with modern equipment, you’ll benefit from best-in-class energy efficient components. Predictive maintenance helps minimize carbon emissions by reducing unnecessary callouts.

74%

Up to 74% energy savings

Replacing your old elevator with a modern one means big savings. For example, the KONE MonoSpace® 500 is estimated to be up to 74% more energy efficient than its 1990s counterpart.

20–40%

Recover 20–40% of your elevator energy

In a mid-rise building, KONE regenerative drives can recover 20-40% of an elevator system’s total energy consumption for other uses. In taller buildings, the energy savings can be even greater.

KONE Replace for elevators FAQ

Got a question about replacing your elevator? Find the answer below.

Our experts will prepare a tailored budget around your needs, taking into account existing equipment status, traffic and building type.
Elevator renovation involves improvements to specific parts as and when you need. Elevator replacement involves removal of your old escalator and installation of new equipment.
Our experts can guide you throughout the planning process, assessing your equipment's status and making recommendations as to when and how you should replace your equipment.
Our experts make an assessment of your building and equipment and ensure replacement is as smooth and hassle-free as possible.
With a new elevator you can benefit from advanced drive and step chain components that improve equipment functionality or aesthetic and safety upgrades to maximize equipment.