Posted in Heavy Equipment & Engineering, Total Reads: 2324
SWOT Analysis of Pratt & Whitney with USP, Competition, STP (Segmentation, Targeting, Positioning) - Marketing Analysis
Pratt & Whitney
United Technologies Corporation
Commercial engines, Military engines and service operations
It’s in our power.
Its power engines serve more than 11,000 customers around the world.
Commercial, military aircraft engine requirements and services
Passenger aircraft manufacturers and armed forces
Positioned as the world leader in the design, production and servicing of aircraft engines
1. It is the top three provider in the aero engines market. 2. Customers include Boeing and Airbus 3. It is a part of United Technologies which is a deep pocketed conglomerate. 4. Hundreds of airlines are powered by its engines.
5. It is known for its world renowned manufacturing techniques and services.
6. Pratt & Whitney Canada is the leading producer in the world for helicopter engines and engines for private jets.
1.Manufacturers in the aero engines business work together in joint ventures and hence it is difficult to compete and differentiate in the market 2. The cost of developing a new engine is very high at around $1 billion. 3. The markets are very limited in size with high competition. 4. . Its old aircraft engines provided to the military require a lot of regular servicing, maintenance and spare parts.
1.High demand for passenger jets with engines being one third of the value of a new jet. 2. Expenditure on enhancing the military is at an all time high. 3. Launch of more efficient engines and technologically advanced engines can provide an edge over its competitors.
1. List of competitors include established companies like GE and Rolls- Royce which have pushed Pratt and Whitney to a third position in the market. 2. Very high cost of manufacturing.
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