Thailand Elevator and Escalator Market Size & Growth Forecast Report 2026-2031 Featuring Key vendors - Otis, KONE, TK Elevator, Schindler, Mitsubishi, Hitachi, Hyundai, and Fujitec

Thailand's elevator and escalator market is projected to grow at a CAGR of 3.20% from 2025 to 2031, driven by urbanization and commercial infrastructure expansion. The market is dominated by established players like Otis, KONE, and Mitsubishi, which collectively hold over 75% market share, though Chinese manufacturers are gaining ground. Despite favorable demand fundamentals, the market faces pricing pressures and competitive challenges.

05/14/2026, 6:00 AM • GlobeNewswire

Saudi Arabia Elevator and Escalator Market Size & Growth Forecast Report 2026-2031 Featuring Key Vendors - Otis, KONE, TK Elevator, Schindler, Mitsubishi, Hyundai, Hitachi, Fujitec

Saudi Arabia's elevator and escalator market is projected to grow at a CAGR of 3.73% from 2025 to 2031, driven by urbanization, infrastructure projects like Neom, and rising tourism. However, the market faces headwinds from skilled labor shortages and rising construction costs. Top vendors Otis, KONE, and Schindler collectively control approximately 75% of the market.

05/14/2026, 5:56 AM • GlobeNewswire

Vertiv: The Backlog is Massive, the Margin of Safety is Not

Vertiv (VRT), a leader in data center power and thermal infrastructure for AI, has surged 300% in 12 months with a massive $15 billion backlog and improving unit economics. However, the stock trades at a 50.9x forward P/E multiple with only a 1.9% FCF yield, leaving minimal margin of safety despite strong fundamentals and growth prospects. The valuation assumes sustained high growth and successful services transformation, with execution risks from project delays and financing constraints.

05/07/2026, 4:16 AM • Investing

Otis Announces 5 Percent Increase in Quarterly Dividend to $0.44 per Share

Otis Worldwide Corporation announced a 5% increase in its quarterly dividend to $0.44 per share, payable on June 12, 2026. CEO Judy Marks attributed the increase to the strength of the company's service-driven business and strong cash flows, noting that the dividend has grown approximately 120% since the company's 2020 spin-off.

04/21/2026, 4:15 PM • Benzinga

Otis Declares Quarterly Dividend of $0.42 per Share

Otis Worldwide Corporation announced a quarterly dividend of $0.42 per share, payable on March 13, 2026, to shareholders of record as of February 13, 2026. The global elevator and escalator manufacturer serves 2.5 billion people daily through its 2.5 million customer units worldwide.

01/29/2026, 4:15 PM • Benzinga

Otis Declares Quarterly Dividend of $0.42 per Share

Otis Worldwide Corporation announced a quarterly dividend of $0.42 per share, payable on December 5, 2025, to shareholders of record as of November 14, 2025.

10/30/2025, 4:15 PM • Benzinga

Canoe Financial Loads Adds $85 Million of Otis (NYSE: OTIS) Shares: Should Investors Buy Too?

Canoe Financial increased its stake in Otis Worldwide by 940,862 shares, valued at $85.41 million, making it the fund's seventh-largest holding and representing 3.1% of its assets under management.

10/16/2025, 10:31 AM • The Motley Fool

Otis Declares Quarterly Dividend of $0.42 per Share

Otis Worldwide Corporation announced a quarterly dividend of $0.42 per share, payable on September 5, 2025, to shareholders of record as of August 15, 2025.

07/24/2025, 4:29 PM • Benzinga

Europe Elevator & Escalator Market Growth Forecast Report 2025-2030 | AI Integration to Fuel Opportunities, Infrastructure and Tourism Developments Boosting Demand

The European elevator and escalator market is projected to grow at 2.63% CAGR, reaching 164,037 units by 2030, driven by AI integration, infrastructure investments, and accessibility needs, despite challenges like housing crisis and labor shortages.

07/08/2025, 4:54 AM • GlobeNewswire