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Market Research Report
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1009490

Asia Pacific Digital Twin Market By Type, By Application, By Industry, By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027

Published: | KBV Research | 137 Pages | Delivery time: 1-2 business days

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Asia Pacific Digital Twin Market By Type, By Application, By Industry, By Country, Growth Potential, Industry Analysis Report and Forecast, 2021 - 2027
Published: May 31, 2021
KBV Research
Content info: 137 Pages
Delivery time: 1-2 business days
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  • Table of Contents
Description

The Asia Pacific Digital Twin Market would witness market growth of 42.6% CAGR during the forecast period (2021-2027).

The digital twin technology also supports supply chain managers in gaining higher control over their stocks in a better way. For example, IoT sensors are installed in smart stores. It basically uses the data with the help of IoT sensors which are analyzed with the help of digital twin technology and big data analytics, thus increase the shopper value and also increase the efficiency and efficacy of the supply chain in real-time. The growth of this technology is largely dependent on the automotive and manufacturing sectors. The irregular changes like fluctuations in sales of the vehicle and foreign exchange fluctuations in the automotive and manufacturing sectors have a direct impact on the revenue generation and growth rate of the digital twin industry.

The concept of digitalization is changing operational activities across the globe. It is positively impacting various spheres of human existence. It is used from houses to personal devices and complex manufacturing as well as industrial processes. The adoption and implementation of digital technologies have been increasing more in developing counties in the past few years. It has been rapidly adopted by various industries and is completely transforming the operational way of the businesses and defines new rules of competitive excellence. The market of the digital twin in the Asia Pacific is expected to grow over the forecast period. Due to the technological, infrastructure, and agricultural developments in developing countries like China and India. This region has the presence of numerous manufacturing industries. Therefore, it is expected that these industries will adopt digital twin technology and is expected to maintain the growth of regional market in the forecast period.

The China market dominated the Asia Pacific Inventory Management Digital Twin Market by Country 2020, thereby, achieving a market value of $1,151.2 million by 2027. The Japan market is exhibiting a CAGR of 42.9% during (2021 - 2027). Additionally, The India market is poised to grow at a CAGR of 44.5% during (2021 - 2027).

Based on Type, the market is segmented into System, Process and Product. Based on Application, the market is segmented into Predictive Maintenance & Performance Monitoring, Business Optimization, Inventory Management, Product Design & Development and Others. Based on Industry, the market is segmented into Automotive & Transportation, Residential & Commercial, Healthcare & Life Sciences, Manufacturing, Energy & Power, Agriculture, Retail & Consumer Goods and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Honeywell International, Inc., SAP SE, PTC, Inc., General Electric (GE) Co., IBM Corporation, Oracle Corporation, Siemens AG, Robert Bosch GmbH, Microsoft Corporation, and ABB Group.

Scope of the Study

Market Segments covered in the Report:

By Type

  • System
  • Process
  • Product

By Application

  • Predictive Maintenance & Performance Monitoring
  • Business Optimization
  • Inventory Management
  • Product Design & Development
  • Others

By Industry

  • Automotive & Transportation
  • Residential & Commercial
  • Healthcare & Life Sciences
  • Manufacturing
  • Energy & Power
  • Agriculture
  • Retail & Consumer Goods
  • Others

By Country

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Companies Profiled

  • Honeywell International, Inc.
  • SAP SE
  • PTC, Inc.
  • General Electric (GE) Co.
  • IBM Corporation
  • Oracle Corporation
  • Siemens AG
  • Robert Bosch GmbH
  • Microsoft Corporation
  • ABB Group

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Table of Contents

Table of Contents

Chapter 1. Market Scope & Methodology

  • 1.1 Market Definition
  • 1.2 Objectives
  • 1.3 Market Scope
  • 1.4 Segmentation
    • 1.4.1 Asia Pacific Digital Twin Market, by Type
    • 1.4.2 Asia Pacific Digital Twin Market, by Application
    • 1.4.3 Asia Pacific Digital Twin Market, by Industry
    • 1.4.4 Asia Pacific Digital Twin Market, by Country
  • 1.5 Methodology for the research

Chapter 2. Market Overview

  • 2.1 Introduction
    • 2.1.1 Overview
    • 2.1.2 Market Composition and Scenario
  • 2.2 Key Factors Impacting the Market
    • 2.2.1 Market Drivers
    • 2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global

  • 3.1 KBV Cardinal Matrix
  • 3.2 Recent Industry Wide Strategic Developments
    • 3.2.1 Partnerships, Collaborations and Agreements
    • 3.2.2 roduct Launches and Product Expansions
    • 3.2.3 Geographical Expansions
    • 3.2.4 Acquisition and Mergers
  • 3.3 Top Winning Strategies
    • 3.3.1 Key Leading Strategies: Percentage Distribution (2016-2020)
    • 3.3.2 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Feb - 2021, Feb) Leading Players

Chapter 4. Asia Pacific Digital Twin Market by Industry

  • 4.1 Asia Pacific Automotive & Transportation Digital Twin Market by Country
  • 4.2 Asia Pacific Residential & Commercial Digital Twin Market by Country
  • 4.3 Asia Pacific Healthcare & Life Sciences Digital Twin Market by Country
  • 4.4 Asia Pacific Manufacturing Digital Twin Market by Country
  • 4.5 Asia Pacific Energy & Power Digital Twin Market by Country
  • 4.6 Asia Pacific Agriculture Digital Twin Market by Country
  • 4.7 Asia Pacific Retail & Consumer Goods Digital Twin Market by Country
  • 4.8 Asia Pacific Other Industry Digital Twin Market by Country

Chapter 5. Asia Pacific Digital Twin Market by Type

  • 5.1 Asia Pacific Digital Twin System Market by Country
  • 5.2 Asia Pacific Digital Twin Process Market by Country
  • 5.3 Asia Pacific Digital Twin Product Market by Country

Chapter 6. Asia Pacific Digital Twin Market by Application

  • 6.1 Asia Pacific Predictive Maintenance & Performance Monitoring Digital Twin Market by Country
  • 6.2 Asia Pacific Business Optimization Digital Twin Market by Country
  • 6.3 Asia Pacific Inventory Management Digital Twin Market by Country
  • 6.4 Asia Pacific Product Design & Development Digital Twin Market by Country
  • 6.5 Asia Pacific Others Digital Twin Market by Country

Chapter 7. Asia Pacific Digital Twin Market by Country

  • 7.1 China Digital Twin Market
    • 7.1.1 China Digital Twin Market by Industry
    • 7.1.2 China Digital Twin Market by Type
    • 7.1.3 China Digital Twin Market by Application
  • 7.2 Japan Digital Twin Market
    • 7.2.1 Japan Digital Twin Market by Industry
    • 7.2.2 Japan Digital Twin Market by Type
    • 7.2.3 Japan Digital Twin Market by Application
  • 7.3 India Digital Twin Market
    • 7.3.1 India Digital Twin Market by Industry
    • 7.3.2 India Digital Twin Market by Type
    • 7.3.3 India Digital Twin Market by Application
  • 7.4 South Korea Digital Twin Market
    • 7.4.1 South Korea Digital Twin Market by Industry
    • 7.4.2 South Korea Digital Twin Market by Type
    • 7.4.3 South Korea Digital Twin Market by Application
  • 7.5 Singapore Digital Twin Market
    • 7.5.1 Singapore Digital Twin Market by Industry
    • 7.5.2 Singapore Digital Twin Market by Type
    • 7.5.3 Singapore Digital Twin Market by Application
  • 7.6 Malaysia Digital Twin Market
    • 7.6.1 Malaysia Digital Twin Market by Industry
    • 7.6.2 Malaysia Digital Twin Market by Type
    • 7.6.3 Malaysia Digital Twin Market by Application
  • 7.7 Rest of Asia Pacific Digital Twin Market
    • 7.7.1 Rest of Asia Pacific Digital Twin Market by Industry
    • 7.7.2 Rest of Asia Pacific Digital Twin Market by Type
    • 7.7.3 Rest of Asia Pacific Digital Twin Market by Application

Chapter 8. Company Profiles

  • 8.1 Honeywell International, Inc.
    • 8.1.1 Company Overview
    • 8.1.2 Financial Analysis
    • 8.1.3 Regional & Segmental Analysis
    • 8.1.4 Research & Development Expenses
    • 8.1.5 Recent strategies and developments:
      • 8.1.5.1 Partnerships, Collaborations, and Agreements:
    • 8.1.6 SWOT Analysis
  • 8.2 SAP SE
    • 8.2.1 Company Overview
    • 8.2.2 Financial Analysis
    • 8.2.3 Segmental and Regional Analysis
    • 8.2.4 Research & Development Expense
    • 8.2.1 Recent strategies and developments:
      • 8.2.1.1 Partnerships, Collaborations, and Agreements:
    • 8.2.2 SWOT Analysis
  • 8.3 PTC, Inc.
    • 8.3.1 Company Overview
    • 8.3.2 Financial Analysis
    • 8.3.3 Segmental and Regional Analysis
    • 8.3.4 Research & Development Expenses
    • 8.3.5 Recent strategies and developments:
      • 8.3.5.1 Partnerships, Collaborations, and Agreements:
      • 8.3.5.2 Acquisition and Mergers:
      • 8.3.5.3 Product Launches and Product Expansions:
  • 8.4 General Electric (GE) Co.
    • 8.4.1 Company Overview
    • 8.4.2 Financial Analysis
    • 8.4.3 Segmental and Regional Analysis
    • 8.4.4 Research & Development Expense
    • 8.4.5 Recent strategies and developments:
      • 8.4.5.1 Partnerships, Collaborations, and Agreements:
      • 8.4.5.2 Acquisition and Mergers:
    • 8.4.6 SWOT Analysis
  • 8.5 IBM Corporation
    • 8.5.1 Company Overview
    • 8.5.2 Financial Analysis
    • 8.5.3 Regional & Segmental Analysis
    • 8.5.4 Research & Development Expenses
    • 8.5.5 Recent strategies and developments:
      • 8.5.5.1 Partnerships, Collaborations, and Agreements:
    • 8.5.6 SWOT Analysis
  • 8.6 Oracle Corporation
    • 8.6.1 Company Overview
    • 8.6.2 Financial Analysis
    • 8.6.3 Segmental and Regional Analysis
    • 8.6.4 Research & Development Expense
    • 8.6.5 SWOT Analysis
  • 8.7 Siemens AG
    • 8.7.1 Company Overview
    • 8.7.2 Financial Analysis
    • 8.7.3 Segmental and Regional Analysis
    • 8.7.4 Research & Development Expense
    • 8.7.5 Recent strategies and developments:
      • 8.7.5.1 Partnerships, Collaborations, and Agreements:
      • 8.7.5.2 Acquisition and Mergers:
    • 8.7.6 SWOT Analysis
  • 8.8 Robert Bosch GmbH
    • 8.8.1 Company Overview
    • 8.8.2 Financial Analysis
    • 8.8.3 Segmental and Regional Analysis
    • 8.8.4 Research & Development Expense
    • 8.8.5 Recent strategies and developments:
      • 8.8.5.1 Geographical Expansions:
    • 8.8.6 SWOT Analysis
  • 8.9 Microsoft Corporation
    • 8.9.1 Company Overview
    • 8.9.2 Financial Analysis
    • 8.9.3 Segmental and Regional Analysis
    • 8.9.4 Research & Development Expenses
    • 8.9.5 Recent strategies and developments:
      • 8.9.5.1 Partnerships, Collaborations, and Agreements:
      • 8.9.5.2 Product Launches and Product Expansions:
    • 8.9.6 SWOT Analysis
  • 8.10. ABB Group
    • 8.10.1 Company Overview
    • 8.10.2 Financial Analysis
    • 8.10.3 Segmental and Regional Analysis
    • 8.10.4 Research & Development Expense
    • 8.10.5 Recent strategies and developments:
      • 8.10.5.1 Partnerships, Collaborations, and Agreements:
      • 8.10.5.2 Product Launches and Product Expansions:
    • 8.10.6 SWOT Analysis

LIST OF TABLES

  • TABLE 1 Asia Pacific Digital Twin Market, 2017 - 2020, USD Million
  • TABLE 2 Asia Pacific Digital Twin Market, 2021 - 2027, USD Million
  • TABLE 3 Partnerships, Collaborations and Agreements- Digital Twin Market
  • TABLE 4 Product Launches And Product Expansions- Digital Twin Market
  • TABLE 5 Geographical Expansions- Digital Twin Market
  • TABLE 6 Acquisition and Mergers- Digital Twin Market
  • TABLE 7 Asia Pacific Digital Twin Market by Industry, 2017 - 2020, USD Million
  • TABLE 8 Asia Pacific Digital Twin Market by Industry, 2021 - 2027, USD Million
  • TABLE 9 Asia Pacific Automotive & Transportation Digital Twin Market by Country, 2017 - 2020, USD Million
  • TABLE 10 Asia Pacific Automotive & Transportation Digital Twin Market by Country, 2021 - 2027, USD Million
  • TABLE 11 Asia Pacific Residential & Commercial Digital Twin Market by Country, 2017 - 2020, USD Million
  • TABLE 12 Asia Pacific Residential & Commercial Digital Twin Market by Country, 2021 - 2027, USD Million
  • TABLE 13 Asia Pacific Healthcare & Life Sciences Digital Twin Market by Country, 2017 - 2020, USD Million
  • TABLE 14 Asia Pacific Healthcare & Life Sciences Digital Twin Market by Country, 2021 - 2027, USD Million
  • TABLE 15 Asia Pacific Manufacturing Digital Twin Market by Country, 2017 - 2020, USD Million
  • TABLE 16 Asia Pacific Manufacturing Digital Twin Market by Country, 2021 - 2027, USD Million
  • TABLE 17 Asia Pacific Energy & Power Digital Twin Market by Country, 2017 - 2020, USD Million
  • TABLE 18 Asia Pacific Energy & Power Digital Twin Market by Country, 2021 - 2027, USD Million
  • TABLE 19 Asia Pacific Agriculture Digital Twin Market by Country, 2017 - 2020, USD Million
  • TABLE 20 Asia Pacific Agriculture Digital Twin Market by Country, 2021 - 2027, USD Million
  • TABLE 21 Asia Pacific Retail & Consumer Goods Digital Twin Market by Country, 2017 - 2020, USD Million
  • TABLE 22 Asia Pacific Retail & Consumer Goods Digital Twin Market by Country, 2021 - 2027, USD Million
  • TABLE 23 Asia Pacific Other Industry Digital Twin Market by Country, 2017 - 2020, USD Million
  • TABLE 24 Asia Pacific Other Industry Digital Twin Market by Country, 2021 - 2027, USD Million
  • TABLE 25 Asia Pacific Digital Twin Market by Type, 2017 - 2020, USD Million
  • TABLE 26 Asia Pacific Digital Twin Market by Type, 2021 - 2027, USD Million
  • TABLE 27 Asia Pacific Digital Twin System Market by Country, 2017 - 2020, USD Million
  • TABLE 28 Asia Pacific Digital Twin System Market by Country, 2021 - 2027, USD Million
  • TABLE 29 Asia Pacific Digital Twin Process Market by Country, 2017 - 2020, USD Million
  • TABLE 30 Asia Pacific Digital Twin Process Market by Country, 2021 - 2027, USD Million
  • TABLE 31 Asia Pacific Digital Twin Product Market by Country, 2017 - 2020, USD Million
  • TABLE 32 Asia Pacific Digital Twin Product Market by Country, 2021 - 2027, USD Million
  • TABLE 33 Asia Pacific Digital Twin Market by Application, 2017 - 2020, USD Million
  • TABLE 34 Asia Pacific Digital Twin Market by Application, 2021 - 2027, USD Million
  • TABLE 35 Asia Pacific Predictive Maintenance & Performance Monitoring Digital Twin Market by Country, 2017 - 2020, USD Million
  • TABLE 36 Asia Pacific Predictive Maintenance & Performance Monitoring Digital Twin Market by Country, 2021 - 2027, USD Million
  • TABLE 37 Asia Pacific Business Optimization Digital Twin Market by Country, 2017 - 2020, USD Million
  • TABLE 38 Asia Pacific Business Optimization Digital Twin Market by Country, 2021 - 2027, USD Million
  • TABLE 39 Asia Pacific Inventory Management Digital Twin Market by Country, 2017 - 2020, USD Million
  • TABLE 40 Asia Pacific Inventory Management Digital Twin Market by Country, 2021 - 2027, USD Million
  • TABLE 41 Asia Pacific Product Design & Development Digital Twin Market by Country, 2017 - 2020, USD Million
  • TABLE 42 Asia Pacific Product Design & Development Digital Twin Market by Country, 2021 - 2027, USD Million
  • TABLE 43 Asia Pacific Others Digital Twin Market by Country, 2017 - 2020, USD Million
  • TABLE 44 Asia Pacific Others Digital Twin Market by Country, 2021 - 2027, USD Million
  • TABLE 45 Asia Pacific Digital Twin Market by Country, 2017 - 2020, USD Million
  • TABLE 46 Asia Pacific Digital Twin Market by Country, 2021 - 2027, USD Million
  • TABLE 47 China Digital Twin Market, 2017 - 2020, USD Million
  • TABLE 48 China Digital Twin Market, 2021 - 2027, USD Million
  • TABLE 49 China Digital Twin Market by Industry, 2017 - 2020, USD Million
  • TABLE 50 China Digital Twin Market by Industry, 2021 - 2027, USD Million
  • TABLE 51 China Digital Twin Market by Type, 2017 - 2020, USD Million
  • TABLE 52 China Digital Twin Market by Type, 2021 - 2027, USD Million
  • TABLE 53 China Digital Twin Market by Application, 2017 - 2020, USD Million
  • TABLE 54 China Digital Twin Market by Application, 2021 - 2027, USD Million
  • TABLE 55 Japan Digital Twin Market, 2017 - 2020, USD Million
  • TABLE 56 Japan Digital Twin Market, 2021 - 2027, USD Million
  • TABLE 57 Japan Digital Twin Market by Industry, 2017 - 2020, USD Million
  • TABLE 58 Japan Digital Twin Market by Industry, 2021 - 2027, USD Million
  • TABLE 59 Japan Digital Twin Market by Type, 2017 - 2020, USD Million
  • TABLE 60 Japan Digital Twin Market by Type, 2021 - 2027, USD Million
  • TABLE 61 Japan Digital Twin Market by Application, 2017 - 2020, USD Million
  • TABLE 62 Japan Digital Twin Market by Application, 2021 - 2027, USD Million
  • TABLE 63 India Digital Twin Market, 2017 - 2020, USD Million
  • TABLE 64 India Digital Twin Market, 2021 - 2027, USD Million
  • TABLE 65 India Digital Twin Market by Industry, 2017 - 2020, USD Million
  • TABLE 66 India Digital Twin Market by Industry, 2021 - 2027, USD Million
  • TABLE 67 India Digital Twin Market by Type, 2017 - 2020, USD Million
  • TABLE 68 India Digital Twin Market by Type, 2021 - 2027, USD Million
  • TABLE 69 India Digital Twin Market by Application, 2017 - 2020, USD Million
  • TABLE 70 India Digital Twin Market by Application, 2021 - 2027, USD Million
  • TABLE 71 South Korea Digital Twin Market, 2017 - 2020, USD Million
  • TABLE 72 South Korea Digital Twin Market, 2021 - 2027, USD Million
  • TABLE 73 South Korea Digital Twin Market by Industry, 2017 - 2020, USD Million
  • TABLE 74 South Korea Digital Twin Market by Industry, 2021 - 2027, USD Million
  • TABLE 75 South Korea Digital Twin Market by Type, 2017 - 2020, USD Million
  • TABLE 76 South Korea Digital Twin Market by Type, 2021 - 2027, USD Million
  • TABLE 77 South Korea Digital Twin Market by Application, 2017 - 2020, USD Million
  • TABLE 78 South Korea Digital Twin Market by Application, 2021 - 2027, USD Million
  • TABLE 79 Singapore Digital Twin Market, 2017 - 2020, USD Million
  • TABLE 80 Singapore Digital Twin Market, 2021 - 2027, USD Million
  • TABLE 81 Singapore Digital Twin Market by Industry, 2017 - 2020, USD Million
  • TABLE 82 Singapore Digital Twin Market by Industry, 2021 - 2027, USD Million
  • TABLE 83 Singapore Digital Twin Market by Type, 2017 - 2020, USD Million
  • TABLE 84 Singapore Digital Twin Market by Type, 2021 - 2027, USD Million
  • TABLE 85 Singapore Digital Twin Market by Application, 2017 - 2020, USD Million
  • TABLE 86 Singapore Digital Twin Market by Application, 2021 - 2027, USD Million
  • TABLE 87 Malaysia Digital Twin Market, 2017 - 2020, USD Million
  • TABLE 88 Malaysia Digital Twin Market, 2021 - 2027, USD Million
  • TABLE 89 Malaysia Digital Twin Market by Industry, 2017 - 2020, USD Million
  • TABLE 90 Malaysia Digital Twin Market by Industry, 2021 - 2027, USD Million
  • TABLE 91 Malaysia Digital Twin Market by Type, 2017 - 2020, USD Million
  • TABLE 92 Malaysia Digital Twin Market by Type, 2021 - 2027, USD Million
  • TABLE 93 Malaysia Digital Twin Market by Application, 2017 - 2020, USD Million
  • TABLE 94 Malaysia Digital Twin Market by Application, 2021 - 2027, USD Million
  • TABLE 95 Rest of Asia Pacific Digital Twin Market, 2017 - 2020, USD Million
  • TABLE 96 Rest of Asia Pacific Digital Twin Market, 2021 - 2027, USD Million
  • TABLE 97 Rest of Asia Pacific Digital Twin Market by Industry, 2017 - 2020, USD Million
  • TABLE 98 Rest of Asia Pacific Digital Twin Market by Industry, 2021 - 2027, USD Million
  • TABLE 99 Rest of Asia Pacific Digital Twin Market by Type, 2017 - 2020, USD Million
  • TABLE 100 Rest of Asia Pacific Digital Twin Market by Type, 2021 - 2027, USD Million
  • TABLE 101 Rest of Asia Pacific Digital Twin Market by Application, 2017 - 2020, USD Million
  • TABLE 102 Rest of Asia Pacific Digital Twin Market by Application, 2021 - 2027, USD Million
  • TABLE 103 Key information - Honeywell International, Inc.
  • TABLE 104 Key Information - SAP SE
  • TABLE 105 key Information - PTC, Inc.
  • TABLE 106 Key Information - General Electric (GE) Co.
  • TABLE 107 Key information - IBM Corporation
  • TABLE 108 Key Information - Oracle Corporation
  • TABLE 109 Key Information - Siemens AG
  • TABLE 110 key information - Robert Bosch GmbH
  • TABLE 111 key information - Microsoft Corporation
  • TABLE 112 Key Information - ABB Group

List of Figures

  • FIG 1 Methodology for the research
  • FIG 2 KBV Cardinal Matrix
  • FIG 3 Key Leading Strategies: Percentage Distribution (2016-2020)
  • FIG 4 Key Strategic Move: (Partnerships, Collaborations, and Agreements : 2017, Feb - 2021, Feb) Leading Players
  • FIG 5 Swot analysis: Honeywell international, inc.
  • FIG 6 SWOT Analysis: SAP SE
  • FIG 7 Recent strategies and developments: PTC, Inc.
  • FIG 8 Recent strategies and developments: General Electric (GE) Co.
  • FIG 9 Swot analysis: General electric (GE) Co.
  • FIG 10 Swot analysis: IBM Corporation
  • FIG 11 SWOT analysis: Oracle Corporation
  • FIG 12 Recent strategies and developments: Siemens AG
  • FIG 13 Swot analysis: Siemens AG
  • FIG 14 Swot analysis: Robert bosch gmbh
  • FIG 15 Recent strategies and developments: Microsoft Corporation
  • FIG 16 SWOT Analysis: Microsoft Corporation
  • FIG 17 Recent strategies and developments: ABB Group
  • FIG 18 SWOT Analysis: ABB Group