In the fiscal year of 2018, ABB Group generated around 11.7 billion U.S. dollars in revenue from its electrification products segment, contributing roughly 40 percent of the company’s unconsolidated revenue that year. The segment offers products and solutions in the field of power generation, transmission and distribution networks. Furthermore, the Power Grids division continued to lead ABB Group’s order intake. The Swiss firm received orders to the value of about 28.6 billion U.S. dollars in the fiscal year of 2018.
With a market value of around 44.5 billion U.S. dollars, Zurich-headquartered ABB ranks among the world’s largest conglomerates, trailing only heavyweight conglomerates such as General Electric, UTC, 3M, Danaher and Honeywell International of the United States, as well as Germany’s Siemens.