Otis Worldwide

Otis Worldwide Corporation, known as Otis, was incorporated on April 5, 2019, after separating from United Technologies Corporation. Headquartered in Farmington, Connecticut, United States, the company specializes in the manufacture and service of elevators, escalators, and moving walkways, leveraging its expertise across two main business segments: New Equipment and Service. In the New Equipment category, Otis offers products including passenger and freight elevators, escalators, and moving walkways, catering to both residential and commercial sectors, alongside infrastructure projects. The Service category ensures the longevity and reliability of these installations through maintenance, repair, and modernization services. The brand "Otis" carries significant recognition in the industry and includes a diverse portfolio of product lines such as Gen2 elevators, SkyRise high-rise elevators, and HydroFit machine-room-less systems, to name a few. With operations extending to over 200 countries and territories, Otis has a solid market presence worldwide, with the United States and China being two of its most prominent markets. The company's global operations capitalize on trends in construction and urbanization, proving its role as a key player in the vertical transportation sector. (Powered by AI)