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Home Videos

Who Makes The Elevators Americans Ride Every Day?

DeFi Daily News by DeFi Daily News
August 8, 2026
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Elevator giant Otis makes most of its profits from servicing elevators, not building new ones. The business hinges on long-term stability, but its stock has fallen over the past year due to setbacks in its service business and investors chasing the AI trade. Watch the video to learn more about how the company is trying to win back Wall Street.

Chapters:
0:00 Introduction
1:40 Chapter 1: Urbanization
3:28 Chapter 2: The service engine
7:12 Chapter 3: Business in China
9:22 Chapter 4: The competitive landscape

Produced and Shot by: Ryan Baker
Camera by: Natalie Rice, Darren Geeter
Edited by: Darren Geeter
Animation by: Jason Reginato, Emily Park
Additional Editing: Jason Reginato, Devan Burris
Senior Managing Producer: Tala Hadavi
Senior Director of Video: Lindsey Jacobson
Additional Footage: Getty Images, Otis

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Who Makes The Elevators Americans Ride Every Day?

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Tags: aiAmericansDayElevatorsEngineeringKONEmaintenanceOtisRideSchindlerServiceTK Elevator
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