OTIS

Otis Worldwide Corp designs, manufactures, installs and services elevators, escalators and moving walkways for residential, commercial and infrastructure projects. It operates in the vertical‑transportation segment of the broader industrial and building‑services sector, serving customers in more than 200 countries through a network of over 1,400 branches. As the world’s largest provider of these systems, Otis holds a leading market share and generates recurring revenue from its Service segment, which offers maintenance, repair and modernization, including digital monitoring solutions. The company’s business model combines new‑equipment sales with long‑term service contracts, positioning it as a key player in global building‑mobility infrastructure.