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ABB Ltd. is a global company in the “Other” sector, operating within the capital goods and industrial automation industry. It is recognized as one of the world’s leaders in electrification, robotics, automation, and digital solutions for industrial sectors, infrastructure, and energy systems.
Founded in 1988 in Switzerland, ABB was formed through the merger of Sweden’s ASEA (founded in 1883) and Switzerland’s BBC – Brown, Boveri & Cie (founded in 1891).
The merger was motivated by the goal of creating a more competitive and technologically advanced company capable of meeting the growing global demand for electrical and industrial systems.
Its product portfolio includes electrification equipment, motors, drives, transformers, industrial robots, automation systems, energy-management software, and digital solutions powered by artificial intelligence. ABB serves industries such as manufacturing, energy, transportation, construction, oil and gas, mining, and utilities.
The company operates in more than 100 countries with factories, research centers, commercial offices, and technology hubs. This global presence enables ABB to participate in major industrial and infrastructure projects worldwide.
Key market factors include the expansion of industrial automation, factory digitalization, growth of electric mobility, energy transition, and demand for operational efficiency. ABB competes with major global players such as Siemens, Schneider Electric, Rockwell Automation, and Mitsubishi Electric.
Its operational structure is organized into four major divisions: Electrification, Motion, Process Automation, and Robotics & Discrete Automation. With over 105,000 employees, the company maintains heavy investments in research and development to enhance industrial and digital technologies.
ABB Ltd. had been listed on the New York Stock Exchange (NYSE) under the ticker ABB.
History and when ABB Ltd. was founded
ABB Ltd. was created in 1988 through the merger of two long-established engineering giants: Sweden’s ASEA, founded in 1883, and Switzerland’s BBC – Brown, Boveri & Cie, founded in 1891. Both companies had already built strong global reputations in electrical engineering and industrial technology before joining forces.
In its early years, ABB focused on integrating operations and strengthening its technological capabilities. During the 1990s, the company expanded rapidly, acquiring strategic businesses and entering new markets to broaden its global presence.
Throughout the 2000s, ABB underwent restructuring to concentrate on higher-value segments while increasing investments in digitalization, renewable energy technologies, and electric-mobility infrastructure.
Between 2020 and 2024, ABB accelerated development of intelligent robotics, autonomous systems, AI-driven industrial software, and sustainable electrification solutions. The company also strengthened its global footprint and advanced several initiatives aligned with environmental and governance standards.
Additional Information
The Company ABB Ltd. (United States), is listed on NYSE with a market value of $ -, having an equity of $ 12.92 Billions.
With a total of 105.600 employees, the company is listed in the sector of Technology and categorized in industry of Eletronic and Control Instruments.
In the last 12 months the Company had a revenue of $ 30.34 Billions, which generated a profit in the amount of $ 2.91 Billions.
As for its main indicators, the Company has a P/E ratio of 0.00, a P/BV ratio of 0.00 and in the last 12 months the Company did not pay dividends.
The Company is traded internationally through the ticker ABB.
