ABB

Smart Buildings Market size to grow by USD 46.12 billion from 2022 to 2027 | An emerging trend in the smart buildings market is the growing concept of BIoT - Technavio

Retrieved on: 
Monday, November 6, 2023

Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market.

Key Points: 
  • Competitors have to focus on differentiating their product offerings with unique value propositions to strengthen their foothold in the market.
  • Ltd., Verdigris Technologies Inc., Panasonic Holdings Corp., and International Business Machines Corp. are among some of the major market participants.
  • The growing need for building automation to enhance business outcomes is a major factor driving the smart buildings market growth.
  • A key challenge that impedes the market growth of smart buildings is the high switching and installation cost.

Industrial Control Systems Security Market size worth $ 27.65 Billion, Globally, by 2030 at 6.96% CAGR: Verified Market Research®

Retrieved on: 
Thursday, November 2, 2023

JERSEY CITY, N.J., Nov. 2, 2023 /PRNewswire/ -- The Global Industrial Control Systems Security Market is projected to grow at a CAGR of 6.96% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 14.46 Billion in 2022 and is expected to reach USD 27.65 Billion by the end of the forecast period.

Key Points: 
  • Global Industrial Control Systems Security Market: Safeguarding Critical Infrastructure in the Face of Evolving Cyber Threats
    In an era marked by escalating cyber threats and the indispensable role of industrial control systems in various sectors, the Global Industrial Control Systems Security Market stands as a beacon of robust defense.
  • Industrial Control Systems Security Market: A Comprehensive Approach
    Industrial Control Systems Security represents a comprehensive array of meticulously developed goods, services, and solutions crafted to safeguard vital industrial control systems and critical infrastructure.
  • Based on the research, Verified Market Research® has segmented the global Industrial Control Systems Security Market into Component, Security, Vertical, And Geography.
  • Industrial Control Systems Security Market, by Component
    Industrial Control Systems Security Market, by Security

Industrial Control Systems Security Market size worth $ 27.65 Billion, Globally, by 2030 at 6.96% CAGR: Verified Market Research®

Retrieved on: 
Thursday, November 2, 2023

JERSEY CITY, N.J., Nov. 2, 2023 /PRNewswire/ -- The Global Industrial Control Systems Security Market is projected to grow at a CAGR of 6.96% from 2023 to 2030, according to a new report published by Verified Market Research®. The report reveals that the market was valued at USD 14.46 Billion in 2022 and is expected to reach USD 27.65 Billion by the end of the forecast period.

Key Points: 
  • Global Industrial Control Systems Security Market: Safeguarding Critical Infrastructure in the Face of Evolving Cyber Threats
    In an era marked by escalating cyber threats and the indispensable role of industrial control systems in various sectors, the Global Industrial Control Systems Security Market stands as a beacon of robust defense.
  • Industrial Control Systems Security Market: A Comprehensive Approach
    Industrial Control Systems Security represents a comprehensive array of meticulously developed goods, services, and solutions crafted to safeguard vital industrial control systems and critical infrastructure.
  • Based on the research, Verified Market Research® has segmented the global Industrial Control Systems Security Market into Component, Security, Vertical, And Geography.
  • Industrial Control Systems Security Market, by Component
    Industrial Control Systems Security Market, by Security

Integrated Stepper Motor Market size to increase by USD 53.22 million during 2023-2028, Need to ensure uninterrupted industrial operations to drive the growth - Technavio

Retrieved on: 
Wednesday, November 1, 2023

NEW YORK, Nov. 1, 2023 /PRNewswire/ -- The integrated stepper motor market size is expected to grow by USD 53.22 million between 2023 and 2028.

Key Points: 
  • NEW YORK, Nov. 1, 2023 /PRNewswire/ -- The integrated stepper motor market size is expected to grow by USD 53.22 million between 2023 and 2028.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.
  • View a PDF Sample
    The need to ensure uninterrupted industrial operations drives the integrated stepper motor market.
  • Explore detailed information by purchasing a report
    Process industry segment to generate maximum revenue in the integrated stepper motor market and is the leading end-user segment in the global integrated stepper motor market.

Smart Building Awareness and Sustainability Drive Building Automation System Market to Grow 7.4% CAGR by 2033

Retrieved on: 
Wednesday, November 1, 2023

NEWARK, Del., Nov. 1, 2023 /PRNewswire/ -- Building Automation System Market Segmentation by HVAC and Lighting Solutions, with Growth Opportunities and Revenue Forecast 2023 -2033

Key Points: 
  • NEWARK, Del., Nov. 1, 2023 /PRNewswire/ -- Building Automation System Market Segmentation by HVAC and Lighting Solutions, with Growth Opportunities and Revenue Forecast 2023 -2033
    The building automation system market is expected to be US$ 47,800 million in 2023.
  • The market's progress is expected to be encouraging over the 2023 to 2033 period, with a CAGR of 7.4%.
  • Request a sample report to preview our comprehensive building automation system market research report before you purchase.
  • Building automation systems is a well-known way to achieve smart buildings, smart cities, and smart living.

Smart Building Awareness and Sustainability Drive Building Automation System Market to Grow 7.4% CAGR by 2033

Retrieved on: 
Wednesday, November 1, 2023

NEWARK, Del., Nov. 1, 2023 /PRNewswire/ -- Building Automation System Market Segmentation by HVAC and Lighting Solutions, with Growth Opportunities and Revenue Forecast 2023 -2033

Key Points: 
  • NEWARK, Del., Nov. 1, 2023 /PRNewswire/ -- Building Automation System Market Segmentation by HVAC and Lighting Solutions, with Growth Opportunities and Revenue Forecast 2023 -2033
    The building automation system market is expected to be US$ 47,800 million in 2023.
  • The market's progress is expected to be encouraging over the 2023 to 2033 period, with a CAGR of 7.4%.
  • Request a sample report to preview our comprehensive building automation system market research report before you purchase.
  • Building automation systems is a well-known way to achieve smart buildings, smart cities, and smart living.

Synchrophasor Market is to grow by USD 546.72 million from 2023 to 2028, Increasing need for reducing grid outages to drive the growth - Technavio

Retrieved on: 
Tuesday, October 31, 2023

NEW YORK, Oct. 31, 2023 /PRNewswire/ -- The synchrophasor market is expected to grow by USD 546.72 million from 2023 to 2028.

Key Points: 
  • NEW YORK, Oct. 31, 2023 /PRNewswire/ -- The synchrophasor market is expected to grow by USD 546.72 million from 2023 to 2028.
  • The increasing need for reducing grid outages is a key factor driving the market.
  • The aging infrastructure, population growth, and increasing demand for energy resources have increased the burden on those infrastructures which lead to blackouts.
  • The report analyses the market size and growth and provides accurate predictions on the growth of the market.

Global Smart Building (Safety, Security, Energy) Market Report 2023-2030: Optimizing Energy and Efficiency are the Driving Forces Behind Increased Deployments

Retrieved on: 
Tuesday, October 31, 2023

Governments of various countries are taking supportive initiatives for digitalization, and significantly launching projects of smart cities is propelling the market growth.

Key Points: 
  • Governments of various countries are taking supportive initiatives for digitalization, and significantly launching projects of smart cities is propelling the market growth.
  • Furthermore, the growing need among the commercial sector to optimize energy consumption, enhance operational efficiency, and automate processes has escalated the market growth.
  • The market for smart buildings is growing primarily as a result of the quickening pace of technological advancement.
  • For instance, in March 2023, ABB launched a new smart building management tool that allows emission reduction and significant energy savings.

ABB Ltd: Q3 2023 results

Retrieved on: 
Thursday, October 26, 2023

For a reconciliation of non-GAAP measures, see “supplemental reconciliations and definitions” in the attached Q3 2023 Financial Information.

Key Points: 
  • For a reconciliation of non-GAAP measures, see “supplemental reconciliations and definitions” in the attached Q3 2023 Financial Information.
  • Going forward we will continuously review the product groups within all divisions to optimize the portfolio as part of the ABB Way operating model.
  • In the fourth quarter of 2023, we anticipate low- to mid single digit comparable revenue growth.
  • ABB (ABBN: SIX Swiss Ex) is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future.

ABB Ltd: ABB share buybacks - October 12, 2023 - October 18, 2023

Retrieved on: 
Thursday, October 26, 2023

All share purchases above have been carried out on a separate trading line on the SIX Swiss Exchange by a bank, on behalf of ABB.

Key Points: 
  • All share purchases above have been carried out on a separate trading line on the SIX Swiss Exchange by a bank, on behalf of ABB.
  • A full breakdown of the transactions pursuant to article 5.3 of MAR and
    article 2.3 of the Safe Harbour Regulation is attached to this announcement.
  • The bank makes its trading decisions concerning the timing of share repurchases independently of ABB, within some defined parameters.
  • The total number of ABB Ltd shares which have been bought back within the current share buyback program from April 3, 2023, to and including October 18, 2023, is 12,120,000 shares.