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Last Updated: 2026
ABB image

ABB

A leading global technology company that energizes the transformation of society and industry to achieve a more productive, sustainable future.

Rank#211
Market Cap69.02B
CountrySwitzerland
CategoryIndustrial Manufacturing, Energy and Utilities
Summary
History
Mission
Vision
References
Summaryarrow

ABB Ltd engages in manufacture and sale of electrification, automation, robotics, and motion products for customers in utilities, industry and transport, and infrastructure in Switzerland and internationally. Its Electrification segment provides electric vehicle charging infrastructure, renewable power solutions, modular substation packages, distribution automation products, switchboard and panelboards, switchgear, UPS solutions, circuit breakers, measuring and sensing devices, control products, wiring accessories, enclosures and cabling systems, and intelligent home and building solutions. The company's Robotics & Discrete Automation segment offers industrial robots, software, robotic solutions and systems, field services, spare parts, and digital services. This segment also offers solutions based on its programmable logic controllers, industrial PCs, servo motion, transport system, and machine vision. Its Motion segment manufactures and sells drives, motors, generators, traction converters, and mechanical power transmission products that are driving the low-carbon future for industries, cities, infrastructure, and transportation. The company's Process Automation segment provides process and discrete control technologies, advanced process control software and manufacturing execution systems, sensing, measurement and analytical instrumentation, marine propulsion systems, and large turbochargers. In addition, this segment offers remote monitoring, preventive maintenance, asset performance management, emission monitoring, and cybersecurity services. It serves aluminum, automotive, buildings and infrastructure, cement, channel partners, chemical, data centers, food and beverage, process automation, life sciences, marine and ports, metals, mining, oil and gas, ports, power generation, printing, pulp and paper, railway, smart cities, water, and wind power industries. The company was founded in 1883 and is headquartered in Zurich, Switzerland.

Historyarrow

ABB is a Swedish-Swiss technology company and one of the largest engineering firms in the world. Founded in 1883, ABB has a long and illustrious history of technological innovation, including pioneering contributions to the development of electrical engineering and automation. ABB was founded as “Brown, Boveri & Cie” by Charles Eugene Lancelot Brown and Walter Boveri in Baden, Switzerland, in 1883. They had a shared vision to revolutionize the way electricity was generated and used in industry. In 1894, the two partners opened a factory for making large electric motors in Oerlikon, Switzerland and began supplying mills, mines, and buildings with power systems. By the turn of the century, the company had become a global player in the electrical engineering industry. Between 1906 and 1920, ABB made major advancements in the field of power transmission, including the development of the world’s first high voltage direct current (HVDC) transmission system. This system would go on to become one of ABB’s most successful products and is still in use today. In 1929, ABB was the first company to build a large-scale transmission grid, known as the Baltic HVDC Line. This marked the beginning of a significant era of growth for the company. In the 1970s, ABB pioneered advanced digital technology and robotics, introducing the world's first industrial robot, called the IRB 6, in 1973. This robot heralded the start of the industrial automation revolution. Over the next few decades, ABB continued to grow, both organically and through acquisitions, and today is one of the world's leading power and robotics companies. It continues to invest heavily in research and development and is pushing the boundaries of electrical engineering.

Missionarrow

Creating value for our customers through digital leadership, developing new products that drive sustainable progress and create innovative solutions that empower people and advance industry.

Visionarrow

ABB will lead in the digital industries of the future powered by our strong innovation heritage and technology leadership.

Referencesarrow

https://en.wikipedia.org/wiki/ABB

https://www.zippia.com/abb-careers-801664/revenue/#:~:text=ABB%20revenue%20is%20%2428.9B,was%20%2428.9B%20in%202021.

https://www.companieshistory.com/abb/

https://sec.report/CIK/0001137634

https://companiesmarketcap.com/largest-companies-by-revenue/

https://www.javatpoint.com/abb-company

https://www.galco.com/comp/includes/mfg/abb.htm

https://www.statista.com/topics/2296/abb-group/

https://www.business-standard.com/company/a-b-b-242/information/company-history
 

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Leadership team
P
Peter R. Voser (Chairman)
T
Tarak Mehta (President)
Industries
Industrial Manufacturing, Energy and Utilities
Number of Employees
Above 50,000
Address
Zürich, Switzerland
Established
1988-01-01
Company Type
Public Limited Company
Company Registration
SEC CIK number: 0001137634
Net Income
$1B – $20B
Revenue
$1B+
Traded as
ABB
Website
global.abb
Social Media
linkedinfacebookinstagramx
Last Updated: 2026
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