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ABB Group - statistics & facts

ABB Group is a Swiss-Swedish multinational corporation based in Switzerland. The company is one of the key players in the areas of industrial automation, power technology, and robotics. In the 2020 fiscal year, the company generated more than 26 billion U.S. dollars in revenue. Europe was the most profitable region for the company that year, contributing some 37 percent to ABB Group’s total revenue.

Electrifying disruptive industries

In the fiscal year of 2020, ABB Group generated around 11.9 billion U.S. dollars in revenue from its Electrification products segment, four percent of the company’s unconsolidated revenue that year. The segment offers products and solutions, such as power generation systems and transmission and distribution networks, used in a wide range of industries, including renewables and electric mobility.

Furthermore, the Electrification business was the largest segment in terms of the number of employees in the 2020 fiscal year as well. In that year, almost 51,000 employees worked within the segment, amounting to some 49 percent of all employees working at ABB Group.

About ABB

ABB Group was founded in 1988, when Allmänna Svenska Elektriska Aktiebolaget of Sweden merged with Switzerland’s Brown, Boveri & Cie. to form ABB Group. Currently, with a market value of around 40.5 billion U.S. dollars, Zurich-headquartered ABB Group ranks among the world’s largest conglomerates. The company competes with heavyweight conglomerates such as Raytheon Technologies, General Electric, 3M, Danaher, and Honeywell International of the United States, as well as Germany’s Siemens.

In the field of robot manufacturing, ABB Group competes with Chinese-owned KUKA Group and Japan-based Mitsubishi Electric, Kawasaki Heavy Industries, Fanuc, and Yaskawa.

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Current State of the Company

Key competitors

Interesting statistics

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ABB Group

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ABB Group - statistics & facts

ABB Group is a Swiss-Swedish multinational corporation based in Switzerland. The company is one of the key players in the areas of industrial automation, power technology, and robotics. In the 2020 fiscal year, the company generated more than 26 billion U.S. dollars in revenue. Europe was the most profitable region for the company that year, contributing some 37 percent to ABB Group’s total revenue.

Electrifying disruptive industries

In the fiscal year of 2020, ABB Group generated around 11.9 billion U.S. dollars in revenue from its Electrification products segment, four percent of the company’s unconsolidated revenue that year. The segment offers products and solutions, such as power generation systems and transmission and distribution networks, used in a wide range of industries, including renewables and electric mobility.

Furthermore, the Electrification business was the largest segment in terms of the number of employees in the 2020 fiscal year as well. In that year, almost 51,000 employees worked within the segment, amounting to some 49 percent of all employees working at ABB Group.

About ABB

ABB Group was founded in 1988, when Allmänna Svenska Elektriska Aktiebolaget of Sweden merged with Switzerland’s Brown, Boveri & Cie. to form ABB Group. Currently, with a market value of around 40.5 billion U.S. dollars, Zurich-headquartered ABB Group ranks among the world’s largest conglomerates. The company competes with heavyweight conglomerates such as Raytheon Technologies, General Electric, 3M, Danaher, and Honeywell International of the United States, as well as Germany’s Siemens.

In the field of robot manufacturing, ABB Group competes with Chinese-owned KUKA Group and Japan-based Mitsubishi Electric, Kawasaki Heavy Industries, Fanuc, and Yaskawa.

Interesting statistics

In the following 4 chapters, you will quickly find the {amountStatistics} most important statistics relating to "ABB Group ".

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