ABB Research and Development Expenses 2010-2024 | ABBNY
ABB annual/quarterly research and development expenses history and growth rate from 2010 to 2024. Research and development expenses can be defined as an expense arising from studies and product development processes.
- ABB research and development expenses for the quarter ending September 30, 2024 were $0.333B, a 6.05% increase year-over-year.
- ABB research and development expenses for the twelve months ending September 30, 2024 were $1.426B, a 12.02% increase year-over-year.
- ABB annual research and development expenses for 2023 were $1.317B, a 12.95% increase from 2022.
- ABB annual research and development expenses for 2022 were $1.166B, a 4.35% decline from 2021.
- ABB annual research and development expenses for 2021 were $1.219B, a 8.16% increase from 2020.
ABB Annual Research and Development Expenses
(Millions of US $) |
| 2023 |
$1,317 |
| 2022 |
$1,166 |
| 2021 |
$1,219 |
| 2020 |
$1,127 |
| 2019 |
$1,198 |
| 2018 |
$1,147 |
| 2017 |
$1,013 |
| 2016 |
$1,300 |
| 2015 |
$1,406 |
| 2014 |
$1,499 |
| 2013 |
$1,470 |
| 2012 |
$1,464 |
| 2011 |
$1,371 |
| 2010 |
$1,082 |
| 2009 |
$1,037 |
ABB Quarterly Research and Development Expenses
(Millions of US $) |
| 2024-09-30 |
$333 |
| 2024-06-30 |
$364 |
| 2024-03-31 |
$363 |
| 2023-12-31 |
$366 |
| 2023-09-30 |
$314 |
| 2023-06-30 |
$333 |
| 2023-03-31 |
$304 |
| 2022-12-31 |
$322 |
| 2022-09-30 |
$272 |
| 2022-06-30 |
$295 |
| 2022-03-31 |
$277 |
| 2021-12-31 |
$322 |
| 2021-09-30 |
$296 |
| 2021-06-30 |
$308 |
| 2021-03-31 |
$293 |
| 2020-12-31 |
$336 |
| 2020-09-30 |
$270 |
| 2020-06-30 |
$262 |
| 2020-03-31 |
$259 |
| 2019-12-31 |
$332 |
| 2019-09-30 |
$283 |
| 2019-06-30 |
$298 |
| 2019-03-31 |
$285 |
| 2018-12-31 |
$331 |
| 2018-09-30 |
$270 |
| 2018-06-30 |
$273 |
| 2018-03-31 |
$273 |
| 2017-12-31 |
$45 |
| 2017-09-30 |
$358 |
| 2017-06-30 |
$319 |
| 2017-03-31 |
$291 |
| 2016-12-31 |
$349 |
| 2016-09-30 |
$303 |
| 2016-06-30 |
$343 |
| 2016-03-31 |
$305 |
| 2015-12-31 |
$408 |
| 2015-09-30 |
$322 |
| 2015-06-30 |
$346 |
| 2015-03-31 |
$330 |
| 2014-12-31 |
$387 |
| 2014-09-30 |
$357 |
| 2014-06-30 |
$390 |
| 2014-03-31 |
$365 |
| 2013-12-31 |
$415 |
| 2013-09-30 |
$351 |
| 2013-06-30 |
$343 |
| 2013-03-31 |
$361 |
| 2012-12-31 |
$390 |
| 2012-09-30 |
$358 |
| 2012-06-30 |
$370 |
| 2012-03-31 |
$346 |
| 2011-12-31 |
$399 |
| 2011-09-30 |
$332 |
| 2011-06-30 |
$334 |
| 2011-03-31 |
$306 |
| 2010-12-31 |
$320 |
| 2010-09-30 |
$260 |
| 2010-06-30 |
$256 |
| 2010-03-31 |
$246 |
| 2009-12-31 |
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| 2009-09-30 |
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| 2009-06-30 |
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| 2009-03-31 |
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| Sector |
Industry |
Market Cap |
Revenue |
| Industrial Products |
Electrical Machinery |
$106.241B |
$32.235B |
|
ABB is a leading technology company. Its products and services can be used in automated manufacturing, providing digital solutions, electrification of industry and transport and enhancing productivity. It reports business under 4 segments - Electrification, Robotics & Discrete Automation, Process Automation and Motion. Electrification segment is responsible for the manufacture and sale of products and services, including low and medium voltage switchgear, control products, DIN rail components, wiring accessories and installation material for a plethora of applications. Robotics & Discrete Automation: This segment includes the machine and factory automation solutions from the business of B&R and a wide-ranging robotics solutions and applications suite. Process Automation: This provides control and plant optimization systems and automation products and solutions for optimizing the productivity of industrial processes. Motion:?The segment specializes in supplying motors, drives and generator products.
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