uch as gas and steam turbines, generators, and compressors. It provides these services using plant diagnostics and systems engineering. This division also offers power plant maintenance and operation services, and emissions control services and systems. Power Transmission This division covers high-voltage transmission solutions, power and distribution transformers, high-voltage switching and non-switching products and systems, and alternating and direct current transmission systems. This division supplies energy utilities and industrial power users with equipment, systems, and services used to process and transmit electrical power from the source, a power plant, to various points along the power transmission network. This division is working with joint ventures in China with different partners and has a joint venture with Infineon Technologies in Germany for design, manufacturing, and sale of semiconductors. The company, through the Power Transmission division and the business activities of the Infrastructures & Cities sector’s Low and Medium Voltage, and Smart Grid divisions, provides customers with turnkey power transmission systems and distribution substations, discrete products, and equipment for integration by their customers into systems, information technology systems, and consulting services relating to the design and construction of power transmission and distribution networks. These offerings include power systems control equipment and information technology systems, transformers, high-voltage products, and power equipment for both alternating and direct current transmission systems; protection and substation control systems; and medium-voltage equipment, including circuit breakers, and distribution switchgear systems and components. In addition to equipment and systems, the company offers an improving range of services and integrated solutions for various stages in the power transmission and distribution value chain through the Power Transmission division and the business activities of the Infrastructure & Cities sector’s Smart Grid division. They provide analytical and consulting services, as well as equipment and systems in the power quality field that are designed to improve the availability of power transmitted by analyzing and reducing the causes of power fluctuations and failures. Customers and Distribution This sector’s principal customers include power utilities and independent power producers. This sector distributes its products and services through its own dedicated sales force, supported by the company’s worldwide network of regional companies. Additional sales channels include joint ventures and license partners. Competitors The company’s principal competitors in gas turbines include Alstom, General Electric, and Mitsubishi Heavy Industries, whereas its major competitors in steam turbines include Alstom, Bharat Heavy Electricals Limited, General Electric, and Toshiba. In instrumentation and controls, ABB and Emerson Electric are the division’s principal competitors. The principal competitors in the market served by the Wind Power division include Enercon, Gamesa, General Electric, Goldwind, Sinovel, Suzlon, and Vestas. The principal competitors of the Oil & Gas division vary by product, such as in automation and electrical equipment, its competitors include ABB and Honeywell, whereas in compressors and steam and gas turbines, its competitors include Dresser Rand, General Electric, MAN Diesel & Turbo, and Solar Turbines. The primary competitors of the Power Transmission division include ABB and Alstom. The competition comes from emerging countries, regional and niche manufacturers, such as XD from China, Crompton Greaves from India, HHI from Korea, and Mitsubishi Electric from Japan. HEALTHCARE This sector develops, manufactures, and markets diagnostic and therapeutic systems, devices, and consumables, as well as information technology systems for clinical and administrative purposes. This sector offers customers a portfolio of medical solutions across the treatment chain—ranging from medical imaging to in-vitro diagnostics to interventional systems and clinical info