Otis - R&D investment 2018-2023

Published by
Martin Placek,
Mar 20, 2024

During the fiscal year of 2023, Otis invested roughly 144 million U.S. dollars in research and development (R&D) to innovate and improve its product varieties, such that the company could retain its business performance in the long-run globally.

Otis Worldwide Corporation's research and development (R&D) expenditure from FY 2018 to FY 2023 (in million U.S. dollars)

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Release date

February 2024

Region

Worldwide

Survey time period

FY 2018 to FY 2023

Special properties

fiscal year ends December 31 of each year.

Supplementary notes

Values prior to 2021 were retrieved from the previous version of the report.

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