ABB Group - R&D spending 2011-2023

Published by Statista Research Department, Mar 8, 2024

In the fiscal year of 2023, the Zurich-based company ABB Group incurred more than 1.3 billion U.S. dollars in research and development costs. This represents a decrease of around eight percent compared with the previous fiscal year.

ABB Group's research and development expenditures from FY 2011 to FY 2023 (in million U.S. dollars)

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Release date

February 2024

Region

Worldwide

Survey time period

FY 2011 to FY 2023

Supplementary notes

The figures for 2011 to 2017 were taken from previous annual reports.

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