ABB and Schneider report record orders and revenue on grid and data-center demand

· Energy · United States · Switzerland

Two major electrical-equipment suppliers reported strong demand from the power and data-center build-out. ABB said its U.S. orders rose 82%, with the company citing continued utility investment in refurbishing and expanding the electrical grid to secure power availability and efficiency. Schneider Electric reported record-high third-quarter revenue on the global data-center boom; North America remains the largest source of revenue for its energy management segment, while China and East Asia posted a higher organic growth rate this quarter and year to date. The results are two views of the same trend: surging electricity demand, driven in large part by data centers, is translating into orders for transformers, switchgear and grid equipment. That is a tailwind for equipment makers and a signal that utilities are spending heavily on capacity.

Why it matters：Rising orders at ABB and record revenue at Schneider show how data-center electricity demand is flowing into grid-equipment supply chains, a spending wave that will shape utility capex and equipment lead times for years.

Key points

  • ABB reported an 82% rise in U.S. orders, citing utility grid investment.
  • Schneider Electric posted record-high Q3 revenue on the data-center boom.
  • North America is Schneider's largest energy-management revenue source; China and East Asia grew faster organically.

Sources (original reporting)

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