ABB

IoT Sensors Market worth $70.1 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, February 12, 2024
Analog Devices, Region, Internet, STMicroelectronics, Temperature, Piezoresistive effect, Overheating, NXP Semiconductors, Internet of things, Transport, Growth, Electronics, TE, ABB, Analog, Digital, Texas Instruments, Infineon Technologies, Consumer electronics, Absolute, TDK, Teledyne Technologies, Geography, Industrial, TE Connectivity, Honeywell, Textile, Agriculture, Omron, Instrumentation

The temperature sensors segment is expected to have the highest growth in Asia Pacific.

Key Points: 
  • The temperature sensors segment is expected to have the highest growth in Asia Pacific.
  • Temperature sensors are crucial in automating various processes and optimizing resource usage across industries.
  • The market for the Industrial IoT vertical to hold a significant share of the IoT sensors market in 2023.
  • In China, IoT sensors industry have been preliminarily deployed for city management applications.

Global Enterprise Asset Management Market Report 2024: Increasing Trend for Deploying Cloud-Based EAM Solutions

Retrieved on: 
Friday, February 9, 2024
ABB, Patent, Internet of things, Oracle Corporation, SAP, Hexagon AB, ESG, Augmented reality, Table, Artificial intelligence, EAM, IPS, USD, Asset management

DUBLIN, Feb. 9, 2024 /PRNewswire/ -- The "Enterprise Asset Management: Applications and Global Markets" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, Feb. 9, 2024 /PRNewswire/ -- The "Enterprise Asset Management: Applications and Global Markets" report has been added to ResearchAndMarkets.com's offering.
  • The growing demand for enhancing the life cycle performance of assets and the associated advantages of EAM in enterprises are the prominent factors driving the market for EAM.
  • The report covers various segments of the enterprise asset management market, breaking it down by component, asset type, network type, deployment, organization size, end users and region.
  • Also, the report features a patent analysis of the enterprise asset management market, which represents a significant investment area for investors.

Global Marine Onboard Communication and Control Systems Research Report 2023-2028: Emerson Electric, Wartsila, Kongsberg, ABB, and Northrop Grumman Spearheading Growth - ResearchAndMarkets.com

Retrieved on: 
Friday, February 9, 2024
Technology, Mobile, Wireless, Manufacturing, Maritime, Transport, Other Technology, Telecommunications, IOT (Internet of Things), Software, Internet, Hardware, Other Manufacturing, Data Management, Satellite, Communication, ABB, Row, Marine navigation, End user, Northrop Grumman, Growth, Investment, OEM, Original equipment manufacturer, Safety, MEA, Commercial, Ship, Automation, Internet of things, Control system, Research, Market development, USD, Video game

The Marine Onboard Communication and Control Systems market is experiencing growth driven by increasing seaborne trade and an increase in marine fleet size.

Key Points: 
  • The Marine Onboard Communication and Control Systems market is experiencing growth driven by increasing seaborne trade and an increase in marine fleet size.
  • The Communication Systems segment in the Marine Onboard Communication and Control Systems market is being driven by due to rising maritime traffic and the need for efficient communication at sea.
  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Marine Onboard Communication and Control Systems market.
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the Marine Onboard Communication and Control Systems market.

ABB Ltd: ABB Share buybacks - February 1, 2024 - February 7, 2024

Retrieved on: 
Thursday, February 8, 2024
Share repurchase, ABB, MAR, SIX Swiss Exchange

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 February 7, 2024, is 19,193,727 shares.

Amperesand raises $12.45M to transform global power grids

Retrieved on: 
Wednesday, February 7, 2024
Other Manufacturing, Alternative Vehicles, Fuels, EV, Electric Vehicles, Automotive, General Automotive, Other Energy, Utilities, Alternative Energy, Manufacturing, Energy, AC, Electronics, IEA, General Electric, Seed, International Energy Agency, AC/DC, Frank Kendall III, TDK, ABB, Silicon, PTE, Nanyang Technological University, Veteran, Electricity, NTU, SST, Renewable energy

The Seed funding will enable Amperesand to industrialize and manufacture its groundbreaking technology at scale while building its executive team.

Key Points: 
  • The Seed funding will enable Amperesand to industrialize and manufacture its groundbreaking technology at scale while building its executive team.
  • Utilizing cutting edge SST technology, Amperesand is at the forefront of delivering efficient, intelligent, and resilient electrification solutions.
  • Amperesand’s SSTs revolutionize the conversion and control of power in the grid and protect against the complexities of modern DC/AC loads.
  • By enabling essential grid services and managing power and data more effectively, Amperesand facilitates resilient and adaptable integration of a broad array of energy transition technologies into the grid.

Machine Safety Market worth $7.0 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, February 7, 2024
Sick AG, Telemetry, Honeywell, IDEC Corporation, Statistics, Industrial internet of things, Row, SCADA, General Electric, Safety, Industrial, Oil, Mobile robot, Rockwell Automation, Component, Schneider Electric, Machine, Growth, PLC, TMC, Omron, F&G, Electricity, Automation, Accident, Food, ABB, B cell, MES, DCS, Yokogawa Electric, Mitsubishi Electric, HMI, Machine vision, ESD, BMS, PAM, TIC, Light-emitting diode, Pneumatics

The Machine Safety Systems market is thriving with the surge in automation, strict safety standards, and a heightened focus on workplace safety.

Key Points: 
  • The Machine Safety Systems market is thriving with the surge in automation, strict safety standards, and a heightened focus on workplace safety.
  • The Programmable Safety Systems market is experiencing robust growth owing to escalating automation trends and stringent safety norms.
  • Asia Pacific is expected to grow at the highest CAGR in the Machine safety market from 2024 to 2029.
  • In the Asia-Pacific region, the Machine Safety industry is experiencing significant growth, propelled by rapid industrialization, heightened automation, and increased attention to worker safety.

Machine Safety Market worth $7.0 billion by 2029 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Wednesday, February 7, 2024
Sick AG, Telemetry, Honeywell, IDEC Corporation, Statistics, Industrial internet of things, Row, SCADA, General Electric, Safety, Industrial, Oil, Mobile robot, Rockwell Automation, Component, Schneider Electric, Machine, Growth, PLC, TMC, Omron, F&G, Electricity, Automation, Accident, Food, ABB, B cell, MES, DCS, Yokogawa Electric, Mitsubishi Electric, HMI, Machine vision, ESD, BMS, PAM, TIC, Light-emitting diode, Pneumatics

The Machine Safety Systems market is thriving with the surge in automation, strict safety standards, and a heightened focus on workplace safety.

Key Points: 
  • The Machine Safety Systems market is thriving with the surge in automation, strict safety standards, and a heightened focus on workplace safety.
  • The Programmable Safety Systems market is experiencing robust growth owing to escalating automation trends and stringent safety norms.
  • Asia Pacific is expected to grow at the highest CAGR in the Machine safety market from 2024 to 2029.
  • In the Asia-Pacific region, the Machine Safety industry is experiencing significant growth, propelled by rapid industrialization, heightened automation, and increased attention to worker safety.

Robotics market set to grow by USD 22.27 billion from 2022-2027; The government initiatives in Europe to be a major trend - Technavio

Retrieved on: 
Tuesday, February 6, 2024
IRobot, Horizon, Robotics, Growth, GEA Group, ABB, AI, USD, Cloud computing, Welding, Challenge, Safety, Industrial, SME, Artificial intelligence, Automation, Midea Group, Cyberdyne Inc., Risk, Teradyne, Honeywell, KION, Intuitive Surgical, L3Harris Technologies

NEW YORK, Feb. 6, 2024 /PRNewswire/ -- The global robotics market size is estimated to grow by USD 22.27 billion from 2022 to 2027, according to Technavio.

Key Points: 
  • NEW YORK, Feb. 6, 2024 /PRNewswire/ -- The global robotics market size is estimated to grow by USD 22.27 billion from 2022 to 2027, according to Technavio.
  • Government initiatives in Europe, particularly through programs like Horizon 2020, are set to propel the global robotics market growth.
  • The warehouse Robotics Market is projected to grow by USD 4.1 billion with a CAGR of 13.31% during the forecast period 2021 to 2026.
  • The aerospace robotics market size is estimated to grow at a CAGR of 9.2% between 2023 and 2027.

Battery For Energy Storage Systems (ESS) Market to grow by USD 47.19 billion from 2023 to 2028; Growth Driven by changing the energy mix from fossil fuels to sustainable and renewable energy resources- Technavio

Retrieved on: 
Monday, February 5, 2024
Growth, Population growth, Gesellschaft mit beschränkter Haftung, NEC, Tesla, Inc., USD, HIL, ABB, Electronics, SIL, DSPACE GmbH, Siemens Energy AG, DSpace, SolarEdge, TDK, Corvus Energy, Hitachi, AES Corporation, ESS, Electric battery

The global off-grid battery for energy storage systems (ESS) market is expected to grow rapidly during the forecast period due to the Changing energy mix from fossil fuels to stainable and renewable energy resources.

Key Points: 
  • The global off-grid battery for energy storage systems (ESS) market is expected to grow rapidly during the forecast period due to the Changing energy mix from fossil fuels to stainable and renewable energy resources.
  • Battery For Energy Storage Systems (ESS) Market 2024-2028: Segmentation Analysis
    The on-grid segment is estimated to witness significant growth during the forecast period.
  • Furthermore, the launch of new on-grid batteries will also drive the growth of the battery for energy storage systems (ESS) market.
  • Imperative Insights on the following aspects:
    What was the size of the global battery for energy storage systems (ESS) market by value?

ABB Ltd: Q4 2023 results

Retrieved on: 
Monday, February 5, 2024
EPS, Robotics, CHF, Growth, History, AI, Capital market, Automation, Weakness, Operational definition, ROCE, ABB, Software, Comparable, Engineering, Cassette tape

For a reconciliation of non-GAAP measures, see “supplemental reconciliations and definitions” in the attached Q4 2023 Financial Information.

Key Points: 
  • For a reconciliation of non-GAAP measures, see “supplemental reconciliations and definitions” in the attached Q4 2023 Financial Information.
  • “Our strong 2023 delivery was the result of both our leading market position in electrification and automation, as well as ABB being a more agile and efficient company in its execution.
  • With our upgraded financial and sustainability targets we look to the future with confidence.”
    The fourth quarter of 2023, was a solid end to a fantastic year.
  • ABB is a technology leader in electrification and automation, enabling a more sustainable and resource-efficient future.