ABB Ltd - Company Profile
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Business Description
ABB Ltd (ABB) offers products, systems, solutions and services related to electrification, automation and robotics and digitization for harnessing power reliability, increasing industrial productivity and enhancing energy efficiency. It serves customers in the utilities, industry, and transport & infrastructure sectors.
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R&D Overview
R&D efforts focus on developing and commercializing different technologies that increase energy efficiency, reliability and productivity for industrial, utility and infrastructure customers. It strives to develop platforms for technology applications in automation and power businesses. Through long-term and strategic relationships with universities in the US, Europe, and Asia, the company conducts research on sensors, micro engineered mechanical systems, materials, controls, manufacturing, robotics, distributed power and communication. ABB has corporate research centers in India, Germany, Poland, China, Sweden, Switzerland and the US. In FY2022, it spent US$1,166 million on R&D, which as a percentage of revenue, stood at 4%, and decreased 4.3% YoY.
Business Segments
Overview
Manufactures and sells products, and provides services and connected solutions in the electrical value chain from the substation to the point of consumption. It serves buildings, rail, distribution utilities, wind and solar, data centers, food and beverage, marine, oil and gas, and e-mobility customers. Product offerings: digital and connected solutions, including electric vehicle charging infrastructure; distribution automation products; modular substation packages; solar power solutions; switchgear; control products; switchboard and panel boards; measuring and sensing devices; UPS solutions; wiring accessories; circuit breakers; enclosures and cabling systems; and home and building solutions for integrating and automating lighting, ventilation, heating, security and data communication networks. During FY2022, the company had incurred a capital expenditure of US$385 million, which grew 11.6% YoY.
Performance
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Overview
Provides technology, products, solutions and related services to industrial customers for improving energy efficiency, safety and reliability, and maintaining precise control over processes. It serves OEMs; process industries such as oil and gas, metals and mining, and pulp and paper; hybrid and batch manufacturers such as food and beverage companies, utilities transportation equipment manufacturers, logistics, discrete manufacturing companies and customers in the automotive industry. Manufactures and sells motors, mechanical power transmissions, drives, wind converters, generators, electrical powertrain systems and related services, and digital solutions. It has application in industry, transportation, infrastructure and utilities, among others During FY2022, the company incurred a capital expenditure of US$150 million, which declined 34.7% YoY.
Performance
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Overview
Develops and sells integrated automation and electrification systems, and digital solutions for increasing production efficiency, optimizing assets and reducing environmental impact. It serves customers in oil and gas, chemicals, pulp and paper, food and beverage, pharmaceuticals, minerals and mining, plastics, metals, power generation and maritime industries. Product offerings: advanced process control software and manufacturing execution systems; process and discrete control solutions; electric ship propulsion systems; sensing; measurement and analytical instrumentation and solutions; electric ship propulsion systems; and turbochargers. Also provides a comprehensive range of services from repair to advanced services such as remote monitoring, preventive maintenance, marine and turbocharging offerings, cybersecurity services, software and lifecycle services, control technologies, turnkey engineering, measurement and analytics products, human machine interfaces and integrated safety technology. During FY2022, the company incurred a capital expenditure of US$100 million, which grew 17.6% YoY.
Performance
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Overview
Provides robotics, and machine and factory automation solutions. It serves manufacturers, system integrators and machine builders in automotive, metalworking, electronics, machine building, food and beverage and logistics industries. Manufactures and sells robotics and machinery automation solutions including controllers, software, cells, function packages, robots, programmable logic controllers, industrial PCs, engineered manufacturing solutions, servo motion, turnkey solutions and collaborative robot solutions. Also offers a wide range of digital solutions, and field and after sales service. During FY2022, the company incurred a capital expenditure of US$86 million, which declined 10.4% YoY.
Performance
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Geographical Segments
- Asia, excluding China; Middle East and Africa
- China
- Europe
- The Americas, excluding United States
- United States
Performance
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Performance
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Performance
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Performance
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Performance
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