ABB Robotics - Robotics Business Review

Background

ABB Limited provides power and automation technologies. The company operates under segments that include power products, power systems, automation products, process automation and robotics. ABB Robotics is a leading supplier of industrial robots--also providing robot software, peripheral equipment, modular manufacturing cells and service for tasks such as welding, handling, assembly, painting and finishing, picking, packing, palletizing and machine tending.

ABB offers complete capability in robotics solutions and supports its customers with manufacturing facilities in Asia, Europe and North America, and dedicated sales and service operations in more than 45 countries.

ABB pioneered the world’s first electrically powered industrial robot and the world’s first industrial paint robot almost 40 years ago and has installed more than 200,000 industrial robots worldwide.

Key markets include automotive, plastics, metal fabrication, foundry, electronics, machinetools, pharmaceutical and food and beverage industries.

According to Bloomberg, ABB may pursue acquisitions to expand its business supplying robots for assembly lines as the Swiss company is “very confident” about long-term demand for automation.

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