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ABB

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uuid00008iy

Namestring
ABB
Legal namestring
ABB Group
Websiteurl
new.abb.com
Company typeenum
Public
Founded yearint
1988
Descriptiontext

ABB Group is a Swiss-listed global technology leader (public ticker ABBNY, legal entity ABB Ltd) founded in 1988 through the merger of ASEA and Brown Boveri, headquartered in Zurich and operating in over 100 countries with 105,000+ employees. The company serves enterprise customers across at least seven verticals: data centers, buildings and construction, food and beverage, marine/shipping, oil and gas, power generation/utilities, and nuclear — with named customers including Applied Digital (300 MW AI Factory in North Dakota), GridBeyond, SwitcH2, Charbone Hydrogen, Paragon Energy Solutions, Qantec Automation, Rotterdam Shore Power, and Wison. Revenue is concentrated in electrification solutions, with management disclosing that approximately 7% of revenues come from data centers, supported by the claim that one in four data centers worldwide run on ABB technology.

The technology stack spans electrical distribution (SACE Emax 3 circuit breakers, shore power systems, medium voltage power architecture for hyperscale AI data centers), process automation platforms (ABB Ability System 800xA, Symphony Plus, Freelance, and the newly launched Automation Extended ecosystem integrating OPC UA with cloud-native containerized architecture), motors and drives, marine propulsion (Azipod electric propulsion, a three-decade market leader), and the ABB Genix IIoT and AI Suite plus ABB Ability Digital Powertrain for analytics and remote monitoring. ABB's Robotics division — industrial robots, the GoFa collaborative robot with Ultra Accuracy (10x precision vs. peers), autonomous mobile robots, and OmniCore controllers — is being divested to SoftBank Group for $5.375 billion (closing mid-to-late 2026), after which ABB will operate under three restructured business areas.

ABB's business model is direct enterprise sales of customized hardware and integrated solutions, with quote-based pricing under multi-year contracts rather than published price lists. Distribution combines global direct enterprise sales with regional channel partners (Qantec Automation in Australia), strategic technology partnerships (Nvidia for data center chip electrification, TCS for AI-driven industrial automation, Paragon Energy Solutions for US nuclear), and local manufacturing in key markets — including 75-80% of US demand served from US facilities, a $40M+ New Mexico plant opened in 2025, and $110M of committed US manufacturing investment. Recent inorganic moves also include acquisitions of Gamesa Electric's power electronics business (46 GW wind converter capacity, ~400 employees in Spain), IPEC for predictive monitoring, Premium Power for power system consultancy, and Netcontrol for industrial automation.

Short descriptiontext

ABB Group is a global technology leader in electrification and automation, serving enterprise customers across data centers, marine, energy, manufacturing, buildings, and oil and gas with power distribution, process automation, motors and drives, and the ABB Ability digital platform.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
5,001–10,000
akta.pro rankint
HeadquartersNapier, New Zealand
HQ citystring
Napier
HQ countrystring
New Zealand
HQ regionstring
Oceania
Markets served

Serves global market

Offices5 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
electrification solutions, industrial automation, power distribution systems, process automation, electric motors drives
Industry3 codes
1EV/Industrial Charging Power Electronics (Chargers, rectifiers, power stages)
CodeIMAGADAFPrimaryYes
2Battery Modules & Packs (Industrial/Commercial pack assembly)
CodeIMAGAHABPrimaryNo
3Substations, Transformers & Grid Step-Up Facilities (EHV Substations, GSU Transformers)
CodeEUAMAFAEPrimaryNo
NAICS code4 codes
  • Electrical Equipment Manufacturing3353
  • Relay and Industrial Control Manufacturing335314
  • Motor and Generator Manufacturing335312
  • Electrical Equipment Manufacturing33531
SIC code3 codes
  • Switchgear & Switchboard Apparatus3613
  • Electronic & Other Electrical Equipment (No Computer Equip)3600
  • Instruments For Meas & Testing Of Electricity & Elec Signals3825
Product category
Industrial Electrification and Automation
No data
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model5 records
1Electrification Products and Solutions
TypeHardware Sales
Description

ABB generates revenue through electrical distribution and management solutions including power distribution equipment, switchgear, and electrical systems for buildings, data centers, and industrial applications. The company reports approximately 7% of revenues from data centers.

abb.com
2Automation Solutions
TypeHardware Sales
Description

Revenue from process automation systems, control technologies, and digital solutions for process and hybrid industries including measurement, analytics, and marine offerings.

abb.com
3Motors and Drives
TypeHardware Sales
Description

ABB generates revenue from motors, drives, and power conversion equipment designed for reliable operation under demanding conditions with low life cycle costs.

abb.com
4Robotics
TypeHardware Sales
Description

Revenue from industrial and collaborative robots, autonomous mobile robots (AMRs), controllers, application solutions, and related services. Note: ABB Robotics division is being divested to SoftBank Group for $5.375 billion, expected to close by mid-to-late 2026.

abb.com
5Data Center Power Infrastructure
TypeHardware Sales
Description

ABB supplies power infrastructure solutions including medium voltage power architecture for large-scale AI-ready data centers, with projects such as Applied Digital's 300 MW AI Factory campus expansion in North Dakota.

globenewswire.com
Marketing channels4 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales
Pricing details1 tier
1Enterprise solutions with custom pricing
ModelOtherBilling cadenceMulti-year contract
Notes

ABB operates through direct enterprise sales with customized solutions and pricing for each customer engagement. No public pricing is available for electrification, automation, robotics, or data center infrastructure products.

abb.com
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 6 records shown
1ABB Ability
Description

Digital solutions and services platform enabling remote monitoring and optimization of industrial assets

abb.com
+5 more records
Core offering1 text field

ABB designs, manufactures, and sells integrated electrification and automation technologies for industrial and infrastructure customers. Its portfolio includes power distribution equipment (circuit breakers, medium-voltage systems, data center power architecture), industrial automation platforms (ABB Ability System 800xA, Symphony Plus, Freelance, Automation Extended), motors and drives, the Azipod marine propulsion system, robotics and controllers (GoFa cobots, OmniCore, AMRs), the ABB Genix IIoT/AI suite, and renewable power products (wind converters, BESS, solar inverters) following the Gamesa Electric acquisition.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • One in four data centers worldwide run on ABB technology
+3 more records
Product overview1 text field

ABB is a global technology leader in electrification and automation, operating a platform-plus-modules architecture across five business areas: Electrification, Process Automation, Motors and Drives, Power Conversion and Control, and Robotics (divested to SoftBank pending regulatory approval). The core offerings include power distribution systems (SACE Emax 3, data center power infrastructure, shore power systems), automation platforms (ABB Ability System 800xA, Symphony Plus, Freelance, Automation Extended ecosystem), industrial IoT and AI solutions (ABB Genix), motors and drives, robotics (OmniCore controllers, GoFa collaborative robots, AMRs), and renewable power solutions (wind converters, BESS, solar inverters from Gamesa Electric acquisition). The company also provides specialized services including power system advisory (Premium Power), predictive monitoring (IPEC), nuclear power solutions, and marine propulsion (Azipod®). ABB Genix™ IIoT and AI Suite serves as the primary AI and analytics platform, while ABB Ability™ Digital Powertrain enables powertrain monitoring. The Robotics division, one of the world's leading suppliers, offers industrial and collaborative robots, AMRs, and application solutions but is being divested to SoftBank Group for $5.375 billion.

Product and service1 record
1SACE Emax 3
Scale indicator14 records

Each record includes

Type, Value, Description, Source

Partnership14 partners
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-18
Description

TCS announced a new strategic partnership with ABB focusing on AI-driven solutions in industrial automation, including joint AI and infrastructure projects. The collaboration builds on TCS's decade of collaboration with aviation and industrial clients, with ABB providing electrification and automation technology integrated into TCS's cloud and AI services.

Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

ABB partnered with Nvidia as part of the robotics ecosystem announcement at GTC 2026. ABB is among the robotics companies partnering with Nvidia to embed Skild AI's robot brain software across industrial robots. ABB is also partnering with Nvidia on developing electrification products for next-generation data center chips.

Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

ABB completed its acquisition of Gamesa Electric's power electronics business from Siemens Gamesa in December 2025. The acquisition expands ABB's renewable energy portfolio including wind converters, BESS, and solar inverters, adding approximately 46 GW of serviceable wind converter capacity and about 400 employees plus two factories in Spain.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

ABB announced an agreement to acquire Premium Power, a leading electrical engineering consultancy headquartered near Dublin, Ireland, with the transaction expected to close in Q1 2026. Premium Power employs over 40 electrical engineers and will strengthen ABB's Electrification Service advisory offering with expertise in power system studies, grid modelling, and power quality assessments for critical industries.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

ABB agreed to acquire Manchester-based electrical diagnostics company IPEC to strengthen its position in predictive monitoring for critical infrastructure. The deal aims to support the shift from reactive to proactive asset management using AI and advanced analytics to reduce downtime and maintenance costs. IPEC has 70 employees, with closing expected in Q1 2026.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

ABB is set to acquire Netcontrol, an industrial equipment company specializing in electrical transmission, distribution, and automation systems with significant market presence across Europe, US, China, and other regions. This acquisition is part of ABB's expansion in industrial equipment.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

ABB signed a term sheet agreement with SwitcH2 to engineer and supply automation and electrification solutions for a floating production, storage and offloading (FPSO) vessel dedicated to producing green ammonia from green hydrogen off the coast of Portugal. The 300 MW electrolyzer-powered facility will produce up to 243,000 tonnes of green ammonia annually.

Strategic tierCoreTypeChannel Partner/ Reseller/ Distributor
Description

Qantec Automation, an Australian distributor specializing in Building Management Systems and IoT automation, announced a strategic alliance with ABB to deliver next-generation open, energy-efficient smart building solutions across Australia. The partnership combines ABB's scalable building automation technologies with Qantec's local expertise.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

ABB and Charbone Hydrogen signed an agreement to advance North American green hydrogen production facilities. The partnership combines ABB's automation and electrification expertise with Charbone's hydrogen production capabilities.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

ABB partnered with Paragon Energy Solutions to develop unified Instrumentation, Control, and Electrification systems for the US nuclear sector, covering both existing facilities and future small modular reactors. ABB provides automation, power distribution, and digital systems while Paragon focuses on safety-critical systems.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

ABB signed a contract with Rotterdam Shore Power for a shore power project, enabling vessels to connect to electrical power while docked to reduce emissions.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

Wison signed strategic agreements with ABB along with Emerson, Schneider Electric, and Inprocess to enhance digitalization and support low-carbon projects. Discussions emphasized decarbonization, digitalization, and industry collaboration.

Strategic tierFlagshipTypeStrategic or Co-development Partner
Description

ABB is expanding its power technology partnership with Applied Digital, supplying power infrastructure for Applied Digital's second AI Factory campus in North Dakota. This demonstrates a 300 MW expansion geared towards AI workloads with new medium voltage power architecture supporting large-scale, energy-efficient data centers.

Strategic tierCoreTypeStrategic or Co-development Partner
Description

ABB and GridBeyond jointly released the 'Batteries without Barriers' white paper on Battery Energy Storage Systems (BESS) and energy optimisation, emphasizing their role in accelerating energy transition and grid resilience for industrial users.

Recent move7 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeBroad incumbent
Description

Honeywell's Process Solutions and Industrial Automation businesses overlap with ABB in process control, instrumentation, and industrial software; it is a broad incumbent across industrial verticals.

TypeDirect peer
Description

Schneider Electric is ABB's closest direct peer, competing head-to-head across low/medium-voltage electrical distribution, industrial automation, data center power, and energy management software for buildings and industry.

TypeBroad incumbent
Description

Siemens operates Smart Infrastructure (electrical distribution), Digital Industries (automation, drives), and a large portfolio of adjacent businesses; it directly competes with ABB's electrification, motion, and process automation businesses.

TypeDirect peer
Description

Eaton is a leading electrical power management company with strong overlap in switchgear, UPS, power distribution for data centers, and industrial components, making it a direct competitor in ABB's core electrification segment.

TypeDirect peer
Description

Rockwell competes with ABB's Process Automation business in industrial control systems, PLCs, and software for discrete and process manufacturing customers.

TypeDirect peer
Description

Emerson's Automation Solutions business competes directly with ABB in process automation, measurement and analytics, and valves/instrumentation for process industries.

TypeBroad incumbent
Description

Mitsubishi Electric is a broad incumbent competing with ABB across factory automation, drives, electrical distribution, and power systems, particularly strong in Asia-Pacific.

TypeDirect peer
Description

Vertiv specializes in power, thermal, and IT management for data centers, directly competing with ABB's data-center power infrastructure offering for AI and hyperscale customers.

TypeDirect peer
Description

nVent competes with ABB in electrical connection and protection solutions for industrial and data center applications, particularly in enclosures and power distribution.

TypeDirect peer
Description

Legrand competes with ABB in electrical and digital building infrastructure, including wiring devices, data center connectivity, and smart building systems, with growing overlap in commercial electrification.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers6 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment7 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile6 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI capability8 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature8 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries8 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds5 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

ABB

Industrial Electrification and Automationnew.abb.com

ABB Group is a global technology leader in electrification and automation, serving enterprise customers across data centers, marine, energy, manufacturing, buildings, and oil and gas with power distribution, process automation, motors and drives, and the ABB Ability digital platform.

What ABB does

ABB Group is a Swiss-listed global technology leader (public ticker ABBNY, legal entity ABB Ltd) founded in 1988 through the merger of ASEA and Brown Boveri, headquartered in Zurich and operating in over 100 countries with 105,000+ employees. The company serves enterprise customers across at least seven verticals: data centers, buildings and construction, food and beverage, marine/shipping, oil and gas, power generation/utilities, and nuclear — with named customers including Applied Digital (300 MW AI Factory in North Dakota), GridBeyond, SwitcH2, Charbone Hydrogen, Paragon Energy Solutions, Qantec Automation, Rotterdam Shore Power, and Wison. Revenue is concentrated in electrification solutions, with management disclosing that approximately 7% of revenues come from data centers, supported by the claim that one in four data centers worldwide run on ABB technology.

The technology stack spans electrical distribution (SACE Emax 3 circuit breakers, shore power systems, medium voltage power architecture for hyperscale AI data centers), process automation platforms (ABB Ability System 800xA, Symphony Plus, Freelance, and the newly launched Automation Extended ecosystem integrating OPC UA with cloud-native containerized architecture), motors and drives, marine propulsion (Azipod electric propulsion, a three-decade market leader), and the ABB Genix IIoT and AI Suite plus ABB Ability Digital Powertrain for analytics and remote monitoring. ABB's Robotics division — industrial robots, the GoFa collaborative robot with Ultra Accuracy (10x precision vs. peers), autonomous mobile robots, and OmniCore controllers — is being divested to SoftBank Group for $5.375 billion (closing mid-to-late 2026), after which ABB will operate under three restructured business areas.

ABB's business model is direct enterprise sales of customized hardware and integrated solutions, with quote-based pricing under multi-year contracts rather than published price lists. Distribution combines global direct enterprise sales with regional channel partners (Qantec Automation in Australia), strategic technology partnerships (Nvidia for data center chip electrification, TCS for AI-driven industrial automation, Paragon Energy Solutions for US nuclear), and local manufacturing in key markets — including 75-80% of US demand served from US facilities, a $40M+ New Mexico plant opened in 2025, and $110M of committed US manufacturing investment. Recent inorganic moves also include acquisitions of Gamesa Electric's power electronics business (46 GW wind converter capacity, ~400 employees in Spain), IPEC for predictive monitoring, Premium Power for power system consultancy, and Netcontrol for industrial automation.

ABB firmographics

Firmographics
Name
ABB
Legal name
ABB Group
Website
https://new.abb.com
Company type
Public
Founded year
1988
Operating status
Operating
Headcount range
5,001–10,000 employees
Short description
ABB Group is a global technology leader in electrification and automation, serving enterprise customers across data centers, marine, energy, manufacturing, buildings, and oil and gas with power distribution, process automation, motors and drives, and the ABB Ability digital platform.
Ownership category
akta.pro rank

ABB industry classification

Industry
Product category
Industrial Electrification and Automation
NAICS
Electrical Equipment Manufacturing (3353), Relay and Industrial Control Manufacturing (335314), Motor and Generator Manufacturing (335312), Electrical Equipment Manufacturing (33531)
SIC
Switchgear & Switchboard Apparatus (3613), Electronic & Other Electrical Equipment (No Computer Equip) (3600), Instruments For Meas & Testing Of Electricity & Elec Signals (3825)
akta.pro primary industry
EV/Industrial Charging Power Electronics (Chargers, rectifiers, power stages) (IMAGADAF)
akta.pro secondary industries
Battery Modules & Packs (Industrial/Commercial pack assembly) (IMAGAHAB), Substations, Transformers & Grid Step-Up Facilities (EHV Substations, GSU Transformers) (EUAMAFAE)

Keywords

  • Electrification solutions
  • Industrial automation
  • Power distribution systems
  • Process automation
  • Electric motors drives

Where ABB is headquartered

Location

Headquarters

HQ city
Napier
HQ country
New Zealand
HQ region
Oceania

Offices5 records

Markets served

ABB business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Personnel, Technology or R&D, Operations, Infrastructure, Marketing or Sales

Revenue model

  1. Electrification Products and Solutions: ABB generates revenue through electrical distribution and management solutions including power distribution equipment, switchgear, and electrical systems for buildings, data centers, and industrial applications. The company reports approximately 7% of revenues from data centers.
  2. Automation Solutions: Revenue from process automation systems, control technologies, and digital solutions for process and hybrid industries including measurement, analytics, and marine offerings.
  3. Motors and Drives: ABB generates revenue from motors, drives, and power conversion equipment designed for reliable operation under demanding conditions with low life cycle costs.
  4. Robotics: Revenue from industrial and collaborative robots, autonomous mobile robots (AMRs), controllers, application solutions, and related services. Note: ABB Robotics division is being divested to SoftBank Group for $5.375 billion, expected to close by mid-to-late 2026.
  5. Data Center Power Infrastructure: ABB supplies power infrastructure solutions including medium voltage power architecture for large-scale AI-ready data centers, with projects such as Applied Digital's 300 MW AI Factory campus expansion in North Dakota.

Pricing tiers

ModelBillingPrice
OtherMulti-year contractEnterprise solutions with custom pricing

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

ABB product offering

Product offering

Core offering

ABB designs, manufactures, and sells integrated electrification and automation technologies for industrial and infrastructure customers. Its portfolio includes power distribution equipment (circuit breakers, medium-voltage systems, data center power architecture), industrial automation platforms (ABB Ability System 800xA, Symphony Plus, Freelance, Automation Extended), motors and drives, the Azipod marine propulsion system, robotics and controllers (GoFa cobots, OmniCore, AMRs), the ABB Genix IIoT/AI suite, and renewable power products (wind converters, BESS, solar inverters) following the Gamesa Electric acquisition.

Product overview

ABB is a global technology leader in electrification and automation, operating a platform-plus-modules architecture across five business areas: Electrification, Process Automation, Motors and Drives, Power Conversion and Control, and Robotics (divested to SoftBank pending regulatory approval). The core offerings include power distribution systems (SACE Emax 3, data center power infrastructure, shore power systems), automation platforms (ABB Ability System 800xA, Symphony Plus, Freelance, Automation Extended ecosystem), industrial IoT and AI solutions (ABB Genix), motors and drives, robotics (OmniCore controllers, GoFa collaborative robots, AMRs), and renewable power solutions (wind converters, BESS, solar inverters from Gamesa Electric acquisition). The company also provides specialized services including power system advisory (Premium Power), predictive monitoring (IPEC), nuclear power solutions, and marine propulsion (Azipod®). ABB Genix™ IIoT and AI Suite serves as the primary AI and analytics platform, while ABB Ability™ Digital Powertrain enables powertrain monitoring. The Robotics division, one of the world's leading suppliers, offers industrial and collaborative robots, AMRs, and application solutions but is being divested to SoftBank Group for $5.375 billion.

Differentiator

Problem solved

Functional benefit

Brands

  • ABB Ability: Digital solutions and services platform enabling remote monitoring and optimization of industrial assets
  • Azipod
  • SACE Emax 3
  • GoFa
  • OmniCore
  • ABB Genix

Products and services

  • SACE Emax 3

Quantifiable outcome

  • One in four data centers worldwide run on ABB technology
  • +3 more outcomes

Companies that use ABB

Customer profile

Named customers6 records

Segments7 records

Ideal customer profiles6 records

ABB technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

AI capability8 records

Feature8 records

ABB partnerships and signals

Strategic signal

Partnerships

14 partnerships are on record, tiered core and flagship.

  • Tata Consultancy Services (TCS)coreStrategic or Co-development Partner · 18 March 2026TCS announced a new strategic partnership with ABB focusing on AI-driven solutions in industrial automation, including joint AI and infrastructure projects. The collaboration builds on TCS's decade of collaboration with aviation and industrial clients, with ABB providing electrification and automation technology integrated into TCS's cloud and AI services.
  • NvidiaflagshipStrategic or Co-development PartnerABB partnered with Nvidia as part of the robotics ecosystem announcement at GTC 2026. ABB is among the robotics companies partnering with Nvidia to embed Skild AI's robot brain software across industrial robots. ABB is also partnering with Nvidia on developing electrification products for next-generation data center chips.
  • Gamesa Electric (Siemens Gamesa)flagshipStrategic or Co-development PartnerABB completed its acquisition of Gamesa Electric's power electronics business from Siemens Gamesa in December 2025. The acquisition expands ABB's renewable energy portfolio including wind converters, BESS, and solar inverters, adding approximately 46 GW of serviceable wind converter capacity and about 400 employees plus two factories in Spain.
  • Premium PowercoreStrategic or Co-development PartnerABB announced an agreement to acquire Premium Power, a leading electrical engineering consultancy headquartered near Dublin, Ireland, with the transaction expected to close in Q1 2026. Premium Power employs over 40 electrical engineers and will strengthen ABB's Electrification Service advisory offering with expertise in power system studies, grid modelling, and power quality assessments for critical industries.
  • IPEC LtdcoreStrategic or Co-development PartnerABB agreed to acquire Manchester-based electrical diagnostics company IPEC to strengthen its position in predictive monitoring for critical infrastructure. The deal aims to support the shift from reactive to proactive asset management using AI and advanced analytics to reduce downtime and maintenance costs. IPEC has 70 employees, with closing expected in Q1 2026.
  • NetcontrolcoreStrategic or Co-development PartnerABB is set to acquire Netcontrol, an industrial equipment company specializing in electrical transmission, distribution, and automation systems with significant market presence across Europe, US, China, and other regions. This acquisition is part of ABB's expansion in industrial equipment.
  • SwitcH2coreStrategic or Co-development PartnerABB signed a term sheet agreement with SwitcH2 to engineer and supply automation and electrification solutions for a floating production, storage and offloading (FPSO) vessel dedicated to producing green ammonia from green hydrogen off the coast of Portugal. The 300 MW electrolyzer-powered facility will produce up to 243,000 tonnes of green ammonia annually.
  • Qantec AutomationcoreChannel Partner/ Reseller/ DistributorQantec Automation, an Australian distributor specializing in Building Management Systems and IoT automation, announced a strategic alliance with ABB to deliver next-generation open, energy-efficient smart building solutions across Australia. The partnership combines ABB's scalable building automation technologies with Qantec's local expertise.
  • Charbone HydrogencoreStrategic or Co-development PartnerABB and Charbone Hydrogen signed an agreement to advance North American green hydrogen production facilities. The partnership combines ABB's automation and electrification expertise with Charbone's hydrogen production capabilities.
  • Paragon Energy SolutionscoreStrategic or Co-development PartnerABB partnered with Paragon Energy Solutions to develop unified Instrumentation, Control, and Electrification systems for the US nuclear sector, covering both existing facilities and future small modular reactors. ABB provides automation, power distribution, and digital systems while Paragon focuses on safety-critical systems.
  • Rotterdam Shore PowercoreStrategic or Co-development PartnerABB signed a contract with Rotterdam Shore Power for a shore power project, enabling vessels to connect to electrical power while docked to reduce emissions.
  • WisoncoreStrategic or Co-development PartnerWison signed strategic agreements with ABB along with Emerson, Schneider Electric, and Inprocess to enhance digitalization and support low-carbon projects. Discussions emphasized decarbonization, digitalization, and industry collaboration.
  • Applied DigitalflagshipStrategic or Co-development PartnerABB is expanding its power technology partnership with Applied Digital, supplying power infrastructure for Applied Digital's second AI Factory campus in North Dakota. This demonstrates a 300 MW expansion geared towards AI workloads with new medium voltage power architecture supporting large-scale, energy-efficient data centers.
  • GridBeyondcoreStrategic or Co-development PartnerABB and GridBeyond jointly released the 'Batteries without Barriers' white paper on Battery Energy Storage Systems (BESS) and energy optimisation, emphasizing their role in accelerating energy transition and grid resilience for industrial users.

Scale indicators14 records

Recent moves7 records

Expansion highlights6 records

ABB competitors and assessment

Company assessment

Broad incumbents

  • Honeywell International: Honeywell's Process Solutions and Industrial Automation businesses overlap with ABB in process control, instrumentation, and industrial software; it is a broad incumbent across industrial verticals.
  • Siemens AG: Siemens operates Smart Infrastructure (electrical distribution), Digital Industries (automation, drives), and a large portfolio of adjacent businesses; it directly competes with ABB's electrification, motion, and process automation businesses.
  • Mitsubishi Electric: Mitsubishi Electric is a broad incumbent competing with ABB across factory automation, drives, electrical distribution, and power systems, particularly strong in Asia-Pacific.

Direct peers

  • Schneider Electric: Schneider Electric is ABB's closest direct peer, competing head-to-head across low/medium-voltage electrical distribution, industrial automation, data center power, and energy management software for buildings and industry.
  • Eaton Corporation: Eaton is a leading electrical power management company with strong overlap in switchgear, UPS, power distribution for data centers, and industrial components, making it a direct competitor in ABB's core electrification segment.
  • Rockwell Automation: Rockwell competes with ABB's Process Automation business in industrial control systems, PLCs, and software for discrete and process manufacturing customers.
  • Emerson Electric: Emerson's Automation Solutions business competes directly with ABB in process automation, measurement and analytics, and valves/instrumentation for process industries.
  • Vertiv Holdings: Vertiv specializes in power, thermal, and IT management for data centers, directly competing with ABB's data-center power infrastructure offering for AI and hyperscale customers.
  • nVent Electric: nVent competes with ABB in electrical connection and protection solutions for industrial and data center applications, particularly in enclosures and power distribution.
  • Legrand: Legrand competes with ABB in electrical and digital building infrastructure, including wiring devices, data center connectivity, and smart building systems, with growing overlap in commercial electrification.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

ABB financial estimates

Financial estimate

Revenue estimate

Valuation estimate

ABB leadership team

Management profile

Number of profiles

Profiles1 record

ABB subsidiaries and ownership

Company hierarchy

Subsidiaries8 records

ABB funding detail

Funding detail

Funding overview

Funding rounds5 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

ABB M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about ABB

What does ABB do?

ABB designs, manufactures, and sells integrated electrification and automation technologies for industrial and infrastructure customers. Its portfolio includes power distribution equipment (circuit breakers, medium-voltage systems, data center power architecture), industrial automation platforms (ABB Ability System 800xA, Symphony Plus, Freelance, Automation Extended), motors and drives, the Azipod marine propulsion system, robotics and controllers (GoFa cobots, OmniCore, AMRs), the ABB Genix IIoT/AI suite, and renewable power products (wind converters, BESS, solar inverters) following the Gamesa Electric acquisition.

Is ABB a public or private company?

ABB is a public company. It is classified as public and is currently operating.

When was ABB founded?

ABB was founded in 1988. It employs 5,001 to 10,000 people.

Where is ABB based?

ABB is headquartered in Napier, New Zealand, in the Oceania region.

How does ABB make money?

Five revenue lines are on record. Electrification Products and Solutions are the primary driver. The others are automation Solutions, motors and Drives, robotics and data Center Power Infrastructure.

Who are ABB's main competitors?

Broad incumbents on record are Honeywell International, Siemens AG and Mitsubishi Electric. Direct peers are Schneider Electric, Eaton Corporation, Rockwell Automation, Emerson Electric, Vertiv Holdings, nVent Electric and Legrand.

Does ABB have an API?

No public API is recorded for ABB.

What industry is ABB in?

ABB's product category is Industrial Electrification and Automation. Its primary akta.pro industry code is IMAGADAF, EV/Industrial Charging Power Electronics (Chargers, rectifiers, power stages), with a secondary code of IMAGAHAB, Battery Modules & Packs (Industrial/Commercial pack assembly). Its NAICS code is 3353 and its SIC code is 3613.

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PR Newswire APACABB report shows how a 0.2 percent motor efficiency gain could unlock billions for industryABB's report finds a 0.2% efficiency gap between standard and Top Industrial Efficiency motors costs operators $9.5-12 billion over a 25-year asset life. The gap also generates 60-75 million tons of avoidable CO₂, with a payback period of months to three years. The report urges embedding efficiency into procurement decisions.EIN PresswireAutomation Instrumentation Market to Reach US$122.3 Billion by 2033, Growing at 6% CAGR from 2026–2033The global automation instrumentation market is projected to grow from US$82.4 billion in 2026 to US$122.3 billion by 2033, a 6% CAGR. Field instruments dominate the product segment, while Asia Pacific leads regionally, driven by manufacturing growth in China and India.PrtimesABB invests $200 million across Europe to accelerate the transformation of the power grid.ABB is investing $200 million across Europe to accelerate power grid transformation. The company, with over 110,000 employees, aims to build a stable manufacturing system for grid technologies. It calls this strategy 'Engineered to Outrun.'MarketScreenerABB to invest $200 million in medium-voltage equipment production in EuropeABB will invest about $200 million to expand production of medium-voltage grid equipment in Europe, including a new factory in Italy and expansions in Bulgaria, Finland, Germany, Norway, and Poland. The three-year programme aims to increase capacity by 50-300% and create about 800 jobs, responding to rising demand from data centres, electric vehicles, and industry.Renewable Energy MagazineABB utilises the Formula E platform to showcase cutting-edge converter technologyABB unveiled its latest DC-DC converter from the Brightloop line at the 2026 Hankook Berlin E-Prix, installed in the GENBETA Car. The converter enables 0-100km/h in 1.86 seconds and powers 12 or 24Vdc systems. ABB uses Formula E as a testing ground for its electrification technologies.PR NewswireAsset Performance Management Market worth $4.32 Billion by 2032 | MarketsandMarkets™The global asset performance management market is projected to grow from $2.40 billion in 2026 to $4.32 billion by 2032, a CAGR of 10.3%. Fixed assets hold the largest share, and Asia Pacific is expected to see the fastest growth, driven by industrialization and renewable investments.EIN PresswireTop-Rated Building Intercom Fabrication Suppliers: A Comprehensive Comparison Post Intersec Saudi Arabia 2025At Intersec Saudi Arabia 2025, LEELEN showcased Android-based building intercom systems with 10.1-inch outdoor terminals and 7-inch indoor screens, supported by 8-loop alarm zones. The company, holding over 20% of China's market, emphasizes open API integration and AIoT platforms for smart communities. Its standards leadership and 200+ service stations position it as a leading supplier.Packaging GatewayFlex Asepto Egypt chooses ABB for packaging lab systemFlex Asepto Egypt selected ABB to supply laboratory testing instruments and a digital management system for its packaging operations. The equipment will be deployed at Asepto's new Sokhna facility in Egypt, supporting quality management for dairy, juice, and premium drinks. ABB's solution aims to improve packaging performance across the company's 3P goals.GlobeNewswireData Centre LIVE Announces Global Strategy Panel DiscussionData Centre LIVE announced a panel discussion titled 'Global Data Centre Strategies' at its London Summit on 20-21 May at Exhibition White City, bringing together senior industry leaders to address challenges including power constraints, sustainability targets, and AI infrastructure demands. The panel will feature Alex Bennett from NTT Global Data Centers, Giampiero Frisio from ABB Electrification, and Justin Lawson from CBRE, who will share approaches to site selection, capacity planning, and infrastructure design for high-density environments. The event is expected to welcome over 1,000 in-person attendees with 50+ expert speakers across two content stages.EetimesThe Overlooked Infrastructure Behind AI RobotsThe article argues that industrial storage is a critical but overlooked component of AI robotics, enabling reliable edge operation. It cites the Nvidia/ABB partnership and notes that storage must handle real-time data, persistence, traceability, and security. The piece warns that without robust local data handling, physical AI remains fragile.