Honeywell International SWOT Analysis, USP & Competitors

Posted in Conglomerates, Total Reads: 3788
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SWOT Analysis of Honeywell International with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis

Honeywell International

Parent Company

Honeywell International Ltd

Category

Conglomerates

Sector

Technology and Manufacturing

Tagline/ Slogan

We are Honeywell; If we say it, we'll do it

USP

Honeywell, and its Five Initiatives (Growth, Productivity, Cash, People, and The Enablers)

STP

Segment

Automation and control solutions, aerospace, performance materials and technologies and transportation systems

Target Group

Users of automation and control systems, Users of climate control equipment, Aircraft manufacturers, Airlines, Process industries, Manufacturers of passengers and commercial vehicles

Positioning

Sound strategy and the innovation in the way of doing

SWOT Analysis

Strengths

1. One of the largest American conglomerates

2. Employees over 130,000 people as a part of its work force

3. The company has its business in aerospace, engineering services, consumer products etc

4. Mergers and acquisitions have consolidated the position of the company and made it one of the strongest companies in US

5. Sub-brands like turbo chargers and thermostats are popular through retail outlets

6. Strong expenditure on research and development is a good way to keep a strong market position

Weaknesses

1. Allegations that the company didn't pay taxes hurt the brand image

2. Production of weapons in the past has also brought bad name to the company

Opportunities

1. Positive outlook for global aerospace and defense sector
2. Growth through tie-ups and acquisitions, especially in the emerging economies like India, China, Brazil etc can boost international market share
3. Accelerating US turbocharged engine segment

Threats

1. Strict govt policies and environmental regulation affect operations
2. Economic fluctuations and currency devaluations affect the financial performance as it is an international company
3. Heavy dependence on few suppliers

Competition

Competitors

1. ABB Ltd
2. BAE systems plc
3. Emerson Electric

4. Rockwell Collins Inc

5. Siemens AG

6. Rolls Royce

7. ITT Corporations

8. Johnsons Controls

9. GE General Electric



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