ABI Research Coverage of ABB Ltd

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ABB is a multinational corporation headquartered in Västerås, Sweden, and Zürich, Switzerland.[5] The company was formed in 1988 when Sweden's Allmänna Svenska Elektriska Aktiebolaget (ASEA) and Switzerland's Brown, Boveri & Cie merged to create ASEA Brown Boveri, later simplified to the initials ABB. Both companies were established in the late 1800s and were major electrical equipment manufacturers, a business that ABB remains active in today. The company has also since expanded to robotics and automation technology.

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ABB is a leader in Industrial Automation on the support of its automation solutions for Levels 1, 2, and 3, and represents the fifth largest market share in the automation hardware market. ABB Automation Builder is a single common interface for configuring, coding, debugging, and maintaining automation projects, and can be used by engineers for PLCs, safety, drives, motion, and control panel solutions. The software has three different levels of functionality: basic, standard, and premium.

ABB ranked as a leader in ABI Research's Sustainability Assessment of Large Industrial Solution Providers. ABB has strong market positions in electrification, process automation, motion, and robotics and discrete automation. ABB has committed to carbon neutrality in its own operations by 2030 and, in 2022, the group established a new target to work with its most impactful suppliers—which account for over 70% of supply chain spending—to reduce their emissions by 50% by 2030.

ABI Research Competitive Rankings of ABB Ltd

Coverage of ABB Ltd by Technology Area

ABB Ltd in Industrial & Manufacturing Markets

ABB Ltd in Industrial & Manufacturing Technologies

ABB Ltd in Electric Vehicles

ABB Ltd in Smart Homes & Buildings

ABB Ltd in Smart Energy For Enterprises & Industries

ABB Ltd in Industrial, Collaborative & Commercial Robotics

ABB Ltd in IoT Cybersecurity

ABB Ltd in Distributed & Edge Computing

ABB Ltd in 5G Core & Edge Networks

ABB Ltd in Wi-Fi, Bluetooth & Wireless Connectivity

ABB Ltd in Smart Mobility & Automotive