Kuwait Elevator and Escalator Market Size & Growth Forecasts, 2023-2024 and 2029 with KONE, TK Elevator, Schindler, Mitsubishi, Otis, Hyundai, Fujitec, and Hitachi Dominating [Yahoo! Finan...
Otis Worldwide Corporation (OTIS)
Company Research
Source: Yahoo! Finance
The Kuwait elevator and escalator market by new installations accounted for 672 units in 2023 and is expected to grow at a CAGR of 4.24% from 2023-2029. The key players in the Kuwait elevator and escalator market are KONE, T.K.E., Mitsubishi, Schindler, Otis, Hyundai, Fujitec, and Hitachi. Further, the top 5 vendors in the Kuwait elevator and escalator market include KONE, T.K.E., Mitsubishi, Schindler, and Otis hold over 52% of the market. Otis Worldwide Corp. has introduced the Otis O.N.E. Internet of Things (IoT) service platform in the Middle East, available in Bahrain, Saudi Arabia, Kuwait, Kuwait, and the U.A.E. combining remote-monitoring experience, cloud technology, machine learning, and IoT; it offers real-time monitoring, proactive issue identification, and faster resolution for elevators and escalators. The platform also powers the eView in-car screen display, providing passengers with news and updates during regular operation and as an innovative video connection to
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OTIS
News
- Otis Worldwide Corporation (NYSE:OTIS) First-Quarter Results: Here's What Analysts Are Forecasting For This Year [Yahoo! Finance]Yahoo! Finance
- Otis Worldwide Co. (NYSE: OTIS) had its price target raised by analysts at JPMorgan Chase & Co. from $104.00 to $105.00. They now have a "neutral" rating on the stock.MarketBeat
- Otis Worldwide Co. (NYSE: OTIS) had its price target lowered by analysts at Wells Fargo & Company from $102.00 to $98.00. They now have an "equal weight" rating on the stock.MarketBeat
- Nigeria Elevator and Escalator Market Report 2024, with Key Player Analysis for Otis, KONE, Mitsubishi Electric, TK Elevator, Hyundai Elevator, FUJIHD Elevator, Hitachi, Kleemann and Akotex Elevator [Yahoo! Finance]Yahoo! Finance
- OTIS Q1 Earnings Beat, Organic Sales Up, '24 View Raised [Yahoo! Finance]Yahoo! Finance
OTIS
Earnings
- 4/24/24 - Beat
OTIS
Sec Filings
- 4/25/24 - Form 10-Q
- 4/24/24 - Form 8-K
- 4/5/24 - Form ARS
- OTIS's page on the SEC website