ABB
Company Snapshot
Founded: 1988
Entity Type: Public
Employees: 109,900
Region: Europe
Revenue: $32,850.0 Millions
Revenue Year: 2024
Headquarter: Zurich, Switzerland
Key Geographics: Europe, The Americas, Asia, Middle East and Africa
Corporate Address: Affolternstrasse 44 CH-8050, Zurich, Switzerland Tel. +41-0-43-317-7111 https: //global.abb/group/en
Company Overview
ABB offers power and automation technologies, operating in various segments such as power products, power systems, automation products, process automation, and robotics. It offers various switches, namely manually operated bypass switches, motorized transfer switches, and manual transfer switches.
ABB caters to various applications, including power plants, data centers, water pumping stations, shops and malls, hospitals, telecommunications, and more. It operates globally in multiple regions, including the U.S., Canada, China, Chile, Argentina, Brazil, Sweden, Italy, the U.K., Saudi Arabia, and India.
Financial Highlights (FY 2023)
Net Revenue: ***
Total Current Liabilities: ***
Total Current Assets: ***
R&D expenses: ***
Operating Income: ***
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ABB In News
Company's Business Segments
- Electrification : Electrification provides leading Electrical Distribution, Management Technologies, Solutions, Services to electrify the customers. The portfolio includes Medium-Voltage, Low-Voltage Electrical Components, Switchgear, Digital Devices, Enclosures, Circuit Breakers, among others.
- Motion : The Motion Business area provides Pioneering Technology, Products, Solutions, Related services to industrial customers to increase Energy efficiency, improve Safety and Reliability, Maintain Precise Control over processes. The portfolio includes Motors, Generators, Drives for a wide range of applications in all industrial sectors.
- Process Automation : The Process Automation Business area provides a comprehensive range of Integrated Automation, electrical and Digital Systems, Services for customers in the Process, Hybrid, Maritime industries. These offerings, coupled with deep domain knowledge in each end market, help to optimize Productivity, Energy efficiency, Sustainability and safety of industrial processes and operations.
- Robotics & Discrete Automation : The Robotics & Discrete Automation Business area provides Robotics, Machine Automation, Factory Automation including Products, Software, Solutions, Services. Revenues are generated both from direct sales to end users as well as from indirect sales mainly through system integrators and machine builders.
- Corporate and Other : Corporate and Other includes core Headquarter Functions, Real Estate Activities, Corporate Treasury, Functional Shared Services for Human Resources, Finance Services, Information Services, Other Minor Business Activities.
Applications/End User Industries
- Robotics
- Automation
- Digital Services
- Electricity
- Circuit Breakers
- Energy Efficiency
- Factory Automation
- Motors
- Generators
- Switchgear
- Digital Devices
- Enclosures
- Electrical Systems
- Digital Systems
- Machine Automation