Otis Worldwide OTIS

Industrial & DefenseMarket cap $38B4 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 · $2.0TOtis elevators in Amazon HQ and fulfillment centers
BoeingIndustrial & Defense · $120BElevator systems

Partners 1

Strategic partnerships, joint products and alliances

HoneywellIndustrial & Defense · $130BCompeting building automation

Competitors 1

Companies it competes with

Siemens AGIndustrial & Defense · $135BBuilding systems rivalry

Other Industrial & Defense companies

GE Aerospace Caterpillar RTX (Raytheon)Siemens AG Lockheed Martin Honeywell Boeing Deere & Company UPS Eaton

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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.