ABB Ltd (ABB)
NYSE NYSE Primary Summary
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ABB Ltd Profile
| Electrical Equipment Industry | Industrials Sector | Morten Wierod CEO | NYSE Exchange | 000375204 CUSIP |
| CH Country | 111,900 Employees | 11 May 2023 Last Dividend | 29 Mar 2001 Last Split | 23 Oct 1996 IPO Date |
Overview
ABB Ltd, rooted in Zurich, Switzerland since its founding in 1883, stands at the forefront of electrification, motion, and automation solutions across the globe. Catering to a broad spectrum of industries including utilities, industry, transport, and infrastructure, ABB presents a comprehensive portfolio of products and services. The company operates extensively in regions such as Switzerland, rest of Europe, the Americas, the United States, Asia, the Middle East, Africa, and China, highlighting its global footprint and commitment to innovation.
Products and Services
- Electrification:
ABB's Electrification segment delivers cutting-edge solutions ranging from renewable power, modular substation packages, and distribution automation products to UPS solutions and intelligent home and building solutions. Offering products like switchboards, panelboards, switchgears, circuit breakers, and control products, alongside wiring accessories, enclosures, and cabling systems, the division is designed to meet the comprehensive needs of its customers in various sectors.
- Motion:
The Motion segment stands at the helm of promoting a low-carbon future through its offerings, which include drives, motors, generators, and traction converters. Through innovation, this segment supports industries, cities, infrastructure, and transportation systems in their transition towards sustainable operations.
- Process Automation:
Through its Process Automation segment, ABB provides an array of control technologies, industrial software, and advanced analytics. This segment caters to industries such as oil, gas, chemicals, mining, and more with solutions like sensing and measurement technology, marine propulsion systems, and cybersecurity services. Also, it offers extensive service support including repair, monitoring, and maintenance.
- Robotics & Discrete Automation:
ABB's Robotics & Discrete Automation segment leads in the innovation and supply of industrial and collaborative robots, autonomous mobile robotics, and machine vision solutions. This segment services a wide array of industries including pharmaceuticals, battery manufacturing, and food and beverage. Solutions are supported by services such as field services, spare parts, and digital services. Additionally, the segment heralds advancements in programmable logic controllers, industrial PCs, and transport systems.
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