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TK Elevator vs Otis: Side-by-side comparison

Independent comparison of two of the world's leading elevator OEMs, built from publicly verified company data and Vertisk's curated intelligence library.

At a glance

TK ElevatorOtis
HeadquartersDüsseldorf, GermanyFarmington, Connecticut, USA
Founded18651853
Employees24,000+69000
Latest revenue (USD)
Market positionreliable partner throughout project lifecycle
Installed fleetGlobal: ~1.49M FY2025 (revised; pending market-by-market verification). Americas NA 410K (US ~350K, CA ~60K), Europe Africa ~594K (DE ~160K verified May 2026 home market #1, UK ~65K pending, FR ~55K pending, ES ~144K verified May 2026), Asia Pacific 350K (CN ~160K, IN ~50K, KR ~35K), LatAm 80K (BR ~35K, MX ~25K), MEA 60K.
Operates in

Recent intelligence — TK Elevator

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Recent intelligence — Otis

Who should consider TK Elevator

first elevator company to share product and material transparency

Who should consider Otis

Otis American elevator OEM, the world’s largest installer and servicer, headquartered in Connecticut.

View full TK Elevator hub → · View full Otis hub →