ABB Group

ABB Capital Markets Day 2020

Retrieved on: 
Thursday, November 19, 2020

ABB will be hosting its Capital Markets Day today, November 19, starting 11.30 am CET, at which CEO, Bjrn Rosengren, and CFO, Timo Ihamuotila, as well as the four business area Presidents, will give an update on the recent strategic and operational developments, including:

Key Points: 
  • ABB will be hosting its Capital Markets Day today, November 19, starting 11.30 am CET, at which CEO, Bjrn Rosengren, and CFO, Timo Ihamuotila, as well as the four business area Presidents, will give an update on the recent strategic and operational developments, including:
    ABB is a leading technology company, now and in the future.
  • Furthermore, ABB has carried out a portfolio review of its divisions to ascertain whether it is ultimately the best owner.
  • ABB has recently carried out a review of its digital strategy under the ABB Ability brand, which is comprised of software-enabled products and systems, as well as software and digital services.
  • ABB is retaining its financial framework with modifications to certain targets in order to align with the ABB Way.

Global Electric Vehicle Fast-Charging System Market Report 2020 Featuring Prominent Players - ABB, BTC Power, Tritium Pty, Star Charge, and Efacec Electric Mobility

Retrieved on: 
Wednesday, November 18, 2020

The global electric vehicle fast-charging system market accounted for 133,992 fast-charging systems installed in 2019 and is expected to reach 226,857 by 2025.

Key Points: 
  • The global electric vehicle fast-charging system market accounted for 133,992 fast-charging systems installed in 2019 and is expected to reach 226,857 by 2025.
  • The market is anticipated to grow at a CAGR of 10.37 during the forecast period 2020 to 2025.
  • The market growth is mainly attributed to the rising number of government policies for electric vehicles, better availability of charging infrastructure and minimizing carbon dioxide emissions.
  • Some of the most prominent ecosystem players are ABB, BTC Power, Tritium Pty Ltd, Star Charge, and Efacec Electric Mobility.

Power, the Ultimate Enabler: ABB Explores Mission-Critical Links Between Power and Technology Innovation at Electronica 2020

Retrieved on: 
Thursday, November 12, 2020

Clark leads the global engineering, research and development team at ABB Power Conversion, which develops power solutions for telecommunications, data centers, 5G, high-performance computing and industrial applications.

Key Points: 
  • Clark leads the global engineering, research and development team at ABB Power Conversion, which develops power solutions for telecommunications, data centers, 5G, high-performance computing and industrial applications.
  • "For such innovation to flourish, however, power engineers must be at the forefront of developing innovative systems that will power the technology of tomorrow."
  • ABB Power Conversion has been on the frontline of powering the world of tomorrow and helping customers address their unique power challenges.
  • To learn more about ABB Power Conversion, its DC power systems , and its embedded and board-mounted power products , visit the ABB Electrification website .

European Collaborative Robot Market (2020 to 2025) - Players Include Universal Robots, ABB & Robert Bosch Among Others - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 10, 2020

The European Collaborative Robot Market is driven by increasing number Small and Medium Enterprises (SMEs) transitioning towards automation.

Key Points: 
  • The European Collaborative Robot Market is driven by increasing number Small and Medium Enterprises (SMEs) transitioning towards automation.
  • The European Collaborative Robot Market is segmented based on payload capacity, application, end-user industry, company and country distribution.
  • Major players operating in the European Collaborative Robot Market include Universal Robots A/S, ABB Ltd., KUKA AG, Robert Bosch GmbH, MRK-Systeme GmbH, F&P Robotics AG, Active8 Robots, HumaRobotics, qbrobotics, Automata Technologies Limited and others.
  • To identify and analyze the profile of leading players operating in the European Collaborative Robot Market.

Worldwide Collaborative Robot Industry to 2025 - New Evolving Application Areas for Collaborative Robots Presents Opportunities

Retrieved on: 
Friday, October 30, 2020

The collaborative robot market research provides detailed market information for segmentation such as payload, sales channel, component, application, and industry.

Key Points: 
  • The collaborative robot market research provides detailed market information for segmentation such as payload, sales channel, component, application, and industry.
  • The key market players in the global collaborative robot market include ABB Ltd (Switzerland), Universal Robot A/S (Denmark), Aubo Robotics (the U.S.), Yaskawa Motoman.
  • What was the revenue generated by the global collaborative robot market by payload, application, and industry in 2019, and what would be the anticipated estimates by 2025?
  • What is the competitive strength of the key leading players in the collaborative robot market?

DGAP-News: ABB Named Finalist in 13th Annual Ventana Research Digital Leadership Awards

Retrieved on: 
Wednesday, October 28, 2020

DALLAS, TX / ACCESSWIRE / October 28, 2020 / Trintech , a leading global provider of integrated Record to Report software solutions for the office of finance, announced today that its customer, ABB , a leading global engineering company, has been named a finalist in the "Office of Finance" category of the 13th annual Ventana Research Digital Leadership Awards.

Key Points: 
  • DALLAS, TX / ACCESSWIRE / October 28, 2020 / Trintech , a leading global provider of integrated Record to Report software solutions for the office of finance, announced today that its customer, ABB , a leading global engineering company, has been named a finalist in the "Office of Finance" category of the 13th annual Ventana Research Digital Leadership Awards.
  • ABB was recognized for its innovative use of Trintech's Cadency solution to standardize its Record to Report process and drive efficiency across its teams.
  • The Ventana Research Digital Leadership Awards program showcases "the leadership and use of business applications or technology that contribute significantly to improve efficiency, productivity and the performance of their organization."
  • "Cadency has been instrumental in driving harmonization across our complex, multi-ERP environment," said Luca Condosta, Record to Report Group Finance Process Owner at ABB.

Global Automation Lifecycle Services Market to 2022: Value Shift from Hardware to Software - Market to Grow from $49.56B to $61.11B Between 2019 and 2022

Retrieved on: 
Tuesday, October 27, 2020

DUBLIN, Oct. 27, 2020 /PRNewswire/ -- The "Global Automation Lifecycle Services Market 2019-2022 - Zeal for Productivity and Profit Pressures Accelerate Growth" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Oct. 27, 2020 /PRNewswire/ -- The "Global Automation Lifecycle Services Market 2019-2022 - Zeal for Productivity and Profit Pressures Accelerate Growth" report has been added to ResearchAndMarkets.com's offering.
  • Among the market tiers of lifecycle services, Level-3 (connected services) is poised to see strong adoption across a spectrum of field devices (heat exchangers, corrosion monitoring, flowmeters, control valves).
  • Overall, leading market participants offering their respective marquee lifecycle solutions include Emerson Automation, Siemens, ABB, Honeywell, Yokogawa, Rockwell Automation, and Schneider Electric.
  • Maturity of lifecycle services offering, organization alignment, future vision on lifecycle services, go-to-market strategy, and lifecycle value propositions have been analyzed in tandem with major automation solution provider financials to estimate market participant share.

ABB: Q3 2020 Results

Retrieved on: 
Friday, October 23, 2020

ABB divested 80.1 percent of its Power Grids business to Hitachi on July 1, 2020, recording a book gain of $5.3 billion in the quarter within net income from discontinued operations.

Key Points: 
  • ABB divested 80.1 percent of its Power Grids business to Hitachi on July 1, 2020, recording a book gain of $5.3 billion in the quarter within net income from discontinued operations.
  • During the fourth quarter 2020, ABB intends to continue its capital structure optimization program including further reviews of its debt, credit and pension structures.
  • The global economy is expected to contract in 2020 after a rapid deterioration in outlook driven by the COVID-19 pandemic.
  • The Q3 2020 results press release and presentation slides are available on the ABB News Center at www.abb.com/news and on the Investor Relations homepage at www.abb.com/investorrelations .

Global Automation Lifecycle Services Market 2019-2020 & Forecast to 2022 - Zeal for Productivity and Profit Pressures Accelerate Growth - ResearchAndMarkets.com

Retrieved on: 
Thursday, October 22, 2020

The "Global Automation Lifecycle Services Market 2019-2022 - Zeal for Productivity and Profit Pressures Accelerate Growth" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Automation Lifecycle Services Market 2019-2022 - Zeal for Productivity and Profit Pressures Accelerate Growth" report has been added to ResearchAndMarkets.com's offering.
  • Amid shifting industry dynamics being driven by decentralization, digitalization, decarbonization and the rise of new business models, the keystone market of industrial automation, lifecycle services, is expected to experience a phase of strong short-term growth.
  • Overall, leading market participants offering their respective marquee lifecycle solutions include Emerson Automation, Siemens, ABB, Honeywell, Yokogawa, Rockwell Automation, and Schneider Electric.
  • Maturity of lifecycle services offering, organization alignment, future vision on lifecycle services, go-to-market strategy, and lifecycle value propositions have been analyzed in tandem with major automation solution provider financials to estimate market participant share.

Global Industrial Motors Market 2020-2025 with ABB, Siemens, Nidec, Brook Crompton, Emerson Electric Dominating

Retrieved on: 
Wednesday, October 21, 2020

The global market for industrial motors was worth $32.9 billion in 2017 and is estimated to grow at a CAGR of 3.63% during 2019-2025.

Key Points: 
  • The global market for industrial motors was worth $32.9 billion in 2017 and is estimated to grow at a CAGR of 3.63% during 2019-2025.
  • Industrial motors market by voltage is classified into very low voltage, high voltage, medium voltage and low voltage.
  • It is expected that Asia - Pacific will have the largest market for industrial motors during the forecast period.
  • The companies referred in the market research report includes ABB Ltd, Siemens AG, Nidec Corp, Brook Crompton UK Ltd, Emerson Electric and others.