ABB is expected to become a beneficiary of the decarbonization trend while is keeps it strong market lead in automation trends. Investments to reach net zero emission targets expected to substantially increase in various sectors with ABB’s Electrification and Motion business areas being clear beneficiaries. Automation, due to supply chain diversification and demographics, is the other major ongoing structural growth driver, positively impacting both Process Automation and Robotics business areas.
Overall: The group’s transformation has sharpened its focus on industries with digital opportunities. The shift to a decentralized operating model with substantially simplified structures resulted in increased transparency and improved agility. The company is emphasizing four attractive, growing markets where it has leading market positions, i.e., Discrete Automation & Motion, Low Voltage Products, Process Automation, and Power Products and Systems.