Unlock a Hoover's Basic Subscription. To talk to a Business Information Consultant please call (866) 473-3932
Otis Elevator Company Company Profile
Floor, please? Otis Elevator is headed up. A United Technologies (UTC) subsidiary, Otis Elevator (Otis) accounts for some 20% of UTC sales and is also the world's #1 elevator maker. More than 2.3 million Otis elevators, escalators, and moving sidewalks are in service. The company, which serves more than 200 countries, makes gearless elevators for high-rises, a hydraulic line for mid-rise buildings, and a heavy-duty one for freight, as well as Gen2 and ReGen energy efficient elevators (offering 75% energy reduction). Its people-moving systems carry airport passengers to baggage claim. Otis offers installation, maintenance, and upgrade services, too. More than 80% of its sales are generated outside the US.