During the fiscal year of 2023, Otis invested roughly *** 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.
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Otis. (February 2, 2024). Otis Worldwide Corporation's research and development (R&D) expenditure from FY 2018 to FY 2023 (in million U.S. dollars) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved July 15, 2026, from /statistics/1202991/research-development-otis-worldwide/
Otis. "Otis Worldwide Corporation's research and development (R&D) expenditure from FY 2018 to FY 2023 (in million U.S. dollars)." Chart. February 2, 2024. ÌÇÐÄÆƽâ°æ. Accessed July 15, 2026. /statistics/1202991/research-development-otis-worldwide/
Otis. (2024). Otis Worldwide Corporation's research and development (R&D) expenditure from FY 2018 to FY 2023 (in million U.S. dollars). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: July 15, 2026. /statistics/1202991/research-development-otis-worldwide/
Otis. "Otis Worldwide Corporation's Research and Development (R&d) Expenditure from Fy 2018 to Fy 2023 (in Million U.S. Dollars)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 2 Feb 2024, /statistics/1202991/research-development-otis-worldwide/
Otis, Otis Worldwide Corporation's research and development (R&D) expenditure from FY 2018 to FY 2023 (in million U.S. dollars) ÌÇÐÄÆƽâ°æ, /statistics/1202991/research-development-otis-worldwide/ (last visited July 15, 2026)
Otis Worldwide Corporation's research and development (R&D) expenditure from FY 2018 to FY 2023 (in million U.S. dollars) [Graph], Otis, February 2, 2024. [Online]. Available: /statistics/1202991/research-development-otis-worldwide/
