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Addtech Competitors and Similar CompaniesClear all

ABB Sweden's competitors and similar companies include Hurco Companies and Avnet.

	ABB Sweden ABB Sweden is a technology company providing products and software for electrification, robotics, automation, and motion.	Hurco Companies Hurco Companies is an industrial technology designer and producer of interactive computer controls, software, and computerized machine tools.	Avnet Avnet is a distributor of electronic components and a provider of technology solutions and supply chain services.
Founding Date	Founding Date 2019	Founding Date 1968	Founding Date 1921
Type	Type Subsidiary	Type Public	Type Public
Tags	Tags Manufacturing & Industrial automation electronics robotics	Tags Manufacturing & Industrial machinery metal products	Tags Technology distribution electronic components logistics supply chain
Locations	Locations Västerås, SE HQ Gällivare, SE Huskvarna, SE Karlstad, SE Kiruna, SE Kista, SE Kista, SE see more	Locations Indianapolis, US HQ Ningbo, CN Goussainville, FR Pliening, DE Bengaluru, IN Chennai, IN Pune, IN see more	Locations Phoenix, US HQ Bayswater, AU Guildford, AU Wien, AT Wien, AT Diegem, BE Merelbeke, BE see more
Employees	Employees 3,78031% increase	Employees 6515% decrease	Employees 14,8694% decrease
Valuation ($)	Valuation ($) N/A	Valuation ($) 136.5 m	Valuation ($) 4.8 b
Financial
Revenue (est.)	Revenue (est.) kr11.9b (FY, 2021)	Revenue (est.) $178.6m (FY, 2025)	Revenue (est.) $22.2b (FY, 2025)
Cost of goods	Cost of goods kr8.7b (FY, 2021)	Cost of goods $145.6m (FY, 2025)	Cost of goods $19.8b (FY, 2025)
Gross profit	Gross profit kr3.1b (FY, 2021)	Gross profit $33m (FY, 2025)	Gross profit $2.4b (FY, 2025)
Net income	Net income kr913m (FY, 2021)	Net income ($15.1m) (FY, 2025)	Net income $240.2m (FY, 2025)
Operating ⚠
Countries	Countries N/A	Countries 11 (FY, 2023)	Countries 140 (Q3, 2024)