The average life of an elevator is 20 - 25 years, but what about your specific unit? Estimate how long your elevator will last with our Useful Life Calculator.
Elevators are a significant investment, and it only makes sense to get as much use out of it as possible. In general, an elevator’s useful life lasts 20 to 25 years, but depending on the type of unit and other contributing factors, that estimate can be highly variable. However, how can you plan and estimate the amount of time left on your specific elevator?
Well, that’s easier than you think.
ElevatorLab’s Elevator Useful Life Calculator takes decades worth of elevator data from hundreds of elevator types, different building populations, building types, public permit data, and more to estimate the amount of time left on your unit.
Knowing how much time you have left will help you plan for an elevator modernization. It will also help you prepare for the correct level of elevator maintenance until you upgrade.
Factors That Affect Elevator Useful Life
Many events can reduce the useful life of an elevator, including:
Of these, poor elevator maintenance is the most detrimental. A lack of elevator maintenance can lead to accelerated component wear and a dramatically shorter lifespan. Make sure you select the best maintenance contract for your needs.
An Elevator’s Individual Component Life Cycles
The service life of an elevator system will also depend on its pieces of equipment. Here are the typical lifespans for major elevator components:
A Detailed Evaluation of Elevator Condition
If, after using our Elevator Useful Life Calculator, you are still worried about the health and remaining life of your elevator, our team at ElevatorLab can help. We can perform a full assessment of your system and estimate the remaining elevator useful life.
As an elevator consulting firm, we offer system evaluation services (in all 50 states) and help with creating your plan for modernization or your plan for the best maintenance to extend the elevator life cycle further.
When was your elevator installed and how well does it run? Comment below.