Swiss-Swedish electrical equipment manufacturer Abb Ltd is Europe's second market leader in industrial engineering. In 2021, it had a market value of 71.24 billion U.S. dollars. Nearest competitor was another Swedish company - industrial tools producer Atlas Copco AB, with 75.42 billion U.S. dollars in market capitalization.
By comparison, Volvo had the greatest revenue of European industrial engineering companies.
Leading industrial engineering companies by market capitalization in Europe in 2021
(in billion U.S dollars)
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Financial Times. (November 5, 2021). Leading industrial engineering companies by market capitalization in Europe in 2021 (in billion U.S dollars) [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1075109/top-engineering-companies-in-europe-by-market-value/
Financial Times. "Leading industrial engineering companies by market capitalization in Europe in 2021 (in billion U.S dollars)." Chart. November 5, 2021. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1075109/top-engineering-companies-in-europe-by-market-value/
Financial Times. (2021). Leading industrial engineering companies by market capitalization in Europe in 2021 (in billion U.S dollars). Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1075109/top-engineering-companies-in-europe-by-market-value/
Financial Times. "Leading Industrial Engineering Companies by Market Capitalization in Europe in 2021 (in Billion U.S Dollars)." Statista, Statista Inc., 5 Nov 2021, https://www.statista.com/statistics/1075109/top-engineering-companies-in-europe-by-market-value/
Financial Times, Leading industrial engineering companies by market capitalization in Europe in 2021 (in billion U.S dollars) Statista, https://www.statista.com/statistics/1075109/top-engineering-companies-in-europe-by-market-value/ (last visited November 22, 2024)
Leading industrial engineering companies by market capitalization in Europe in 2021 (in billion U.S dollars) [Graph], Financial Times, November 5, 2021. [Online]. Available: https://www.statista.com/statistics/1075109/top-engineering-companies-in-europe-by-market-value/
