Overview
Description
Otis Worldwide Corporation is the world's largest manufacturer of vertical transportation systems, specializing in elevators, escalators, and moving walkways. The company designs, manufactures, installs, and services a comprehensive range of passenger and freight elevators, escalators, and related equipment, operating through its New Equipment and Service segments. The New Equipment segment focuses on producing and installing new systems, while the Service segment provides maintenance, repair, and modernization services to extend the life and efficiency of existing installations. Otis delivers end-to-end solutions including digital monitoring platforms for predictive maintenance, spare parts distribution, and 24/7 emergency support. It serves diverse markets such as commercial high-rise buildings, residential complexes, airports, transit hubs, industrial facilities, and infrastructure projects worldwide, across more than 200 countries and territories. With a global service network maintaining millions of units, Otis ensures safe, reliable people-moving solutions. Headquartered in Farmington, Connecticut, the company plays a pivotal role in urban mobility and building operations.
About
CEO
Ms. Judith F. Marks
Employees
72000
Address
One Carrier Place
Farmington, 06032, CT
United States
Farmington, 06032, CT
United States
Phone
860 674 3000
Website
Instrument type
Common stock
Sector
Industrials
Industry
Specialty Industrial Machinery
Country
Italy
MIC code
XMIL