In this Research Note, we examine ABB’s Electrification business and its 2024 financial results announced on 30th January 2025, specifically in relation to commercial buildings and data center end markets. We also highlight acquisitions and investments made by the business throughout 2024. ABB Electrification Divisions The Electrification business is split into 5 divisions, which provide products, solutions and services across residential, commercial and industrial building markets: ABB Factsheet January 2025 In the Distribution Solutions and Smart Power divisions, ABB offers a portfolio of medium and low-voltage switchgear and uninterruptible power systems primarily to Data Centers and Buildings. The Smart Buildings division provides electrical distribution products such as wiring devices, miniature breakers, distribution enclosures and building automation solutions for both residential and commercial buildings. ABB Factsheet January 2025 The Service division offers a full suite of digitally enabled repair, modernization and advisory services for electrical systems. Investment in energy management solutions, particularly in technology startups, is […]