ABB hosted its Capital Markets Day 2023 at ABB Electrification’s circuit breaker production facility in Frosinone, Italy on 30th November 2023. This Research Note focuses on the Swiss conglomerate’s perspective on its Smart Buildings division within the Electrification business. Key takeaways are highlighted across its digital offerings, energy efficiency solutions and M&A strategy. The Smart Buildings division, one of 5 business units of the $13.6 billion Electrification segment of ABB, reported 2022 revenues in the range of $2,750 to $3,250 million. The division is primarily focused on electrical distribution products such as wiring accessories and miniature breakers and claims to be #1-2 in distribution enclosures and DIN-rail products. The secondary focus of the division is on home and building automation solutions. ABB views its Smart Buildings division as a high-growth segment with a focus on expanding its portfolio for commercial buildings through innovation with digital building management systems and bolt-on acquisitions. ABB Digital Solutions 8% […]