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Otis Competitors and Similar CompaniesClear all

Otis's competitors and similar companies include Hitachi, Schindler Group, KONE and A2Ti.

	Otis Otis Worldwide (also known as Otis Elevator) is a company that specializes in elevator and escalator manufacturing, installation, and servicing.	Hitachi Hitachi (株式会社日立製作所) is a conglomerate of companies that provides digital systems, green energy and mobility, and connective solutions.	Schindler Group Schindler Group (also known as Schindler Holding) is a manufacturer of elevators, escalators, moving walkways, and destination dispatchers.	KONE KONE is a company that provides elevators, escalators, and automatic building doors.	A2Ti A2Ti is a provider of industrial solutions.
Founding Date	Founding Date 1853	Founding Date 1910	Founding Date 1874	Founding Date 1910	Founding Date 2008
Type	Type Public	Type Public	Type Public	Type Public	Type Private
Tags	Tags Manufacturing & Industrial automation electronics metal products	Tags Manufacturing & Industrial conglomerates construction equipment electronics infrastructure machinery manufacturing equipment systems integrator	Tags Manufacturing & Industrial construction equipment machinery	Tags Manufacturing & Industrial construction & design construction equipment	Tags Manufacturing & Industrial automation electronics engineering metal products
Locations	Locations Farmington, US HQ Buenos Aires, AR Adelaide, AU Fyshwick, AU Milton, AU North Hobart, AU South Melbourne, AU see more	Locations Tokyo, JP HQ Buenos Aires, AR Brisbane Airport, AU Dandenong South, AU Fortitude Valley, AU Macquarie Park, AU Wien, AT see more	Locations Ebikon, CH HQ Gaborone, BW Dolni Bogrov, BG Toronto, CA Nairobi, KE Windhoek, NA București, RO see more	Locations Espoo, FI HQ Adelaide, AU Belmont, AU Berrimah, AU Eagle Farm, AU Garbutt, AU Hobart, AU see more	Locations Saint-Sébastien-sur-Loire, FR HQ
Employees	Employees 71,0003% increase	Employees 268,655	Employees 70,294	Employees 64,459	Employees 36
Valuation ($)	Valuation ($) 40.6 b	Valuation ($) 107.2 b	Valuation ($) N/A	Valuation ($) 27.8 b	Valuation ($) N/A
Financial
Revenue (est.)	Revenue (est.) $14.3b (FY, 2024)	Revenue (est.) ¥9.7t (FY, 2024)	Revenue (est.) CHF11.2b (FY, 2024)	Revenue (est.) €11.1b (FY, 2024)	Revenue (est.) N/A
Cost of goods	Cost of goods N/A	Cost of goods ¥6.7t (FY, 2024)	Cost of goods CHF3b (FY, 2024)	Cost of goods €3.9b (FY, 2024)	Cost of goods N/A
Gross profit	Gross profit N/A	Gross profit ¥3.2t (FY, 2024)	Gross profit CHF8.3b (FY, 2024)	Gross profit €7.2b (FY, 2024)	Gross profit N/A
Net income	Net income $1.7b (FY, 2024)	Net income ¥626.7b (FY, 2024)	Net income CHF1b (FY, 2024)	Net income €961m (FY, 2024)	Net income N/A
Operating ⚠
Countries (Facilities)	Countries (Facilities) 70 (FY, 2023)	Countries (Facilities) 67 (FY, 2022)	Countries (Facilities) N/A	Countries (Facilities) N/A	Countries (Facilities) N/A
Manufacturing Facilities	Manufacturing Facilities 17 (FY, 2023)	Manufacturing Facilities 1.3 k (FY, 2022)	Manufacturing Facilities N/A	Manufacturing Facilities 10 (FY, 2023)	Manufacturing Facilities N/A