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General Electric's competitors

Posted: Thu Feb 13, 2025 10:47 am
by sumonasumonakha.t
General Electric (GE) faces competition from several companies in the different industries it operates in. Here are some of GE's competitors and their areas of competition:

Siemens: Siemens is a global conglomerate that competes with GE in areas such as power generation, healthcare and industrial automation. Both companies provide similar products and services, including gas turbines and medical imaging equipment;
Honeywell International: Honeywell is a diversified multinational company that competes with GE in aerospace, automation and building technologies. Both companies provide solutions for aircraft systems, industrial automation and HVAC systems;
United Technologies Corporation (UTC): UTC, now part of RTX Corporation, is a direct competitor advertising data of GE in the aerospace business, producing aircraft engines and related technologies. GE Aviation competes with UTC's Pratt & Whitney division;
ABB Ltd: ABB is a global leader in robotics, industrial automation and electrical equipment. It competes with GE in sectors such as power distribution, automation and control systems;
Philips Healthcare: In the healthcare sector, Philips is a major competitor to GE's healthcare division. Both companies offer medical imaging equipment, patient monitoring solutions and healthcare IT systems.