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Otis Worldwide
AddedMar 19, 2024
UpdatedJun 18, 2026
Otis Worldwide

Otis Worldwide

Public

Global elevator & escalator manufacturer, providing installation & maintenance services worldwide.

HQ
Farmington, CT, US
Founded
1853
Overview
Compare
Employees
Website

Founded in Farmington, Connecticut, Otis Elevator Company is a global leader in the manufacturing, installation, and maintenance of elevators, escalators, and moving walkways. With a core mission to provide safe, reliable, and innovative vertical transportation solutions, Otis serves clients in nearly 200 countries. The company offers a wide range of products and services, including advanced elevator systems and comprehensive maintenance programs, catering to both commercial and residential markets.

Otis employs over 65,000 people and generates annual revenues exceeding $12 billion. The company has a significant global presence with manufacturing facilities across North America, South America, Europe, and Asia. Notable figures associated with Otis include its founders and key executives who have driven its growth. Otis has achieved numerous milestones in technological advancements and sustainability initiatives, solidifying its impact on urban development and infrastructure worldwide.

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Otis Worldwide - Quick Facts

Who are Otis Worldwide's competitors?

Companies similar to Otis Worldwide include Hyprlift, Lift AI, ITT and Columbus McKinnon.

When was Otis Worldwide founded?

Otis Worldwide was founded in 1853.

Where is Otis Worldwide's headquarters located?

Otis Worldwide's headquarters is located in Farmington, CT, US.

How many employees does Otis Worldwide have?

Otis Worldwide has 69,000 employees as of Jan 30, 2024.

Otis Worldwide - Classification

Industry
  • Hardware
Ownership
  • Public
Technology
  • Manufacturing
Geographic Exposure
  • Global
Revenue
  • Recurring
  • Software
  • Transactional
Customer
  • Consumers
  • Enterprise
Main Product
  • Elevators
  • Escalators
Tags
  • Hardware
Unique IDs
  • secCik: 0001781335
  • ticker: OTIS
NAICS
  • 330000Manufacturing
  • 333000Machinery Manufacturing
  • 333100Agriculture, Construction, and Mining Machinery Manufacturing
SIC
  • 3600Electronic And Other Electrical Equipment And Components, Except Computer
Show 13 more industry codes
NAICS
  • 423000Merchant Wholesalers, Durable Goods
  • 423800Machinery, Equipment, and Supplies Merchant Wholesalers
  • 423830Industrial Machinery and Equipment Merchant Wholesalers
  • 425000Wholesale Trade Agents and Brokers
  • 425120Wholesale Trade Agents and Brokers
  • 420000Wholesale Trade
  • 425100Wholesale Trade Agents and Brokers
SIC
  • 5080Machinery, Equipment, And Supplies
  • 5084Industrial Machinery and Equipment
  • 3500Industrial And Commercial Machinery And Computer Equipment
  • 3900Miscellaneous Manufacturing Industries
  • 4000Railroad Transportation
  • 5000Wholesale Trade-durable Goods