ABB is a global provider of power and automation technologies. The company offers products and solutions to the utility and industry sector to facilitate the transmission and distribution of electricity. ABB operates in the energy market which is expected to have grown by 45% in 2030. More importantly ABB anticipates that the demands for electricity will double the growth of the energy market. A primary growth driver is the demand for lower emissions and energy savings, which is politically driven by the awareness of climate change and rising energy demand. Furthermore, emerging markets continue to experience above average growth, hence increasing their demand for electrical infrastructure and technology. Electricity and the railway sector are some of the main growth opportunities in China.