ABB's Strategic Move: Seeking Leadership to Innovate Power Electronics
Raleigh, Wednesday, 26 March 2025.
ABB is searching for a leader in power electronics, reflecting its commitment to advancing energy solutions and impacting global markets, starting from North Carolina.
Industry Leadership in Power Electronics
ABB, the Swedish-Swiss multinational electrical engineering corporation [2], is strengthening its position in power electronics innovation through strategic recruitment. As a Fortune Global 500 company headquartered between Västerås, Sweden, and Zürich, Switzerland [2], ABB’s search for a Department Manager of Power Electronics in Raleigh, North Carolina [1] comes at a crucial time when the industrial power supply market is projected to reach 9.97 billion in 2025 [7].
Market Growth and Technological Innovation
The power electronics sector is experiencing significant transformation, with the industrial power supply market expected to grow at a CAGR of 8.2% to reach $13.65 billion by 2029 [7]. This growth is driven by increasing electrification in industrial processes and the integration of renewable energy solutions [7]. ABB’s focus on power electronics aligns with its commitment to delivering safe, smart, and sustainable solutions for energy industries [4], particularly in developing high-efficiency power conversion technologies.
Strategic Focus on Advanced Technologies
Recent developments in the power electronics field, including advancements in SiC MOSFET technology, demonstrate the sector’s rapid evolution. Notable progress has been made in high-k gate stack technology, showing improved performance for 1.2kV SiC MOSFETs [5]. ABB’s investment in this area is reflected in its comprehensive range of solutions, including the ACH580 drive series, which exemplifies the company’s focus on seamless integration and enhanced safety features [6].
Future Outlook and Market Impact
The recruitment initiative comes as the energy industry undergoes significant digitalization and automation transformations [4]. With ABB’s established presence in energy solutions and power electronics, this leadership position is expected to strengthen the company’s capability to address the growing demand for advanced power electronic solutions [alert! ‘specific impact metrics not available in sources’]. The role will be crucial in driving innovation and maintaining ABB’s competitive edge in the rapidly evolving power electronics market [1][7].
sources
- careers.abb
- en.wikipedia.org
- ieeexplore.ieee.org
- new.abb.com
- www.powerelectronicsnews.com
- www.abb.com
- www.globenewswire.com