Try our corporate solution for free!
(212) 419-8286

Otis - net sales 2009-2019

Otis Elevator Company generated net sales of around 13 billion U.S. dollars in 2019. The UTC company is the world's largest manufacturer of vertical transportation systems.

Elevating the industry

Continuing development of high-rise buildings supports a steady elevator business. Escalators are also an important part of modern infrastructure being utilized in airports and metros which bring in lucrative maintenance contracts. Competition in the industry is driven by growing demand for more technologically advanced systems. Efficiency and smart technology are key research segments companies such as UTC contend in. More reliable products and early warning systems are important in reducing the number of injuries caused on elevators and escalators. Many escalators often fail because of overcapacity but most injuries are not caused by technical malfunction. Common practice on escalators is to stand on one side, letting faster persons walk up the other. However, this puts stress on one side of the escalator and causes premature failure. The London Underground attempted to change practice. Although increasing capacity, it was very unpopular and the idea was not taken further.

Otis Elevator Company's net sales from FY 2009 to FY 2019

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

$39 $59 per month *
in the first 12 months
33% discount until December 20th
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$468 / Year
$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in

Release date

February 2020



Survey time period

FY 2009 to FY 2019

Supplementary notes

The figures for 2009 through 2016 were taken from previous financial statements.
The values have been rounded.

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
The ideal entry-level account for individual users
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* Prices do not include sales tax.

Statistics on "Material handling: elevators & escalators"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.