Otis Worldwide OTIS

Industrial & DefenseMarket cap $25B4 connections

Otis manufactured the first safety elevator in 1852 and still dominates global vertical transportation with 2M+ elevators in service across 200+ countries. Its service business - maintaining the installed base - generates 60%+ of revenue with industry-leading margins. Modern skyscrapers literally can't function without Otis. Its Gen2 and Compass systems are the gold standard.

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Customers 2

Companies Otis Worldwide sells to

AmazonConsumer & Retail · $2.7TOtis elevators in Amazon HQ and fulfillment centers
BoeingIndustrial & Defense · $157BElevator systems

Partners 1

Strategic partnerships, joint products and alliances

HoneywellIndustrial & Defense · $67BCompeting building automation

Competitors 1

Companies it competes with

Siemens AGIndustrial & Defense · $135BBuilding systems rivalry

Other Industrial & Defense companies

Caterpillar GE Aerospace RTX (Raytheon)Deere & Company Eaton Boeing Siemens AG Parker Hannifin Lockheed Martin Amphenol

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Relationships are compiled by VexMap from company filings, announcements and reporting, and last reviewed September 2026. Spotted something wrong? Tell us. Not investment advice.