Technip SWOT Analysis, Competitors, STP & USP

Published by MBA Skool Team, Last Updated: April 12, 2020

SWOT analysis of Technip analyses the brand/company with its strengths, weaknesses, opportunities & threats. In Technip SWOT Analysis, the strengths and weaknesses are the internal factors whereas opportunities and threats are the external factors.

SWOT Analysis is a proven management framework which enables a brand like Technip to benchmark its business & performance as compared to the competitors and industry. Technip is one of the leading brands in the energy & power sector.

The table below lists the SWOT (Strengths, Weaknesses, Opportunities, Threats), top Technip competitors and includes Technip target market, segmentation, positioning & Unique Selling Proposition (USP).

Technip SWOT Analysis, Competitors, Segmentation, Target Market, Positioning, USP & Brand Analysis Table

Technip

Parent Company

Technip

Category

Oil Services and Equipment

Sector

Energy & Power

Tagline/ Slogan

Take it further

USP

Leader in project management with state of art industrial assets

Technip STP
Technip Segmentation

Corporates, countries looking to fulfill energy services needs

Technip Target Market

Companies involved in petroleum and natural gas exploration

Technip Positioning

Company that provides superior operation performance with greater differentiation

Technip SWOT Analysis
Technip Strengths

Below are the Strengths in the SWOT Analysis of Technip:

1. Worldwide presence in 48 countries and 30,000+ employees
2.  State of art industrial assets
3. Good presence in all three business segments namely:- Subsea, Offshore and Onshore

4. Excelling commitment to sustainable development with lot of CSR activity
5. A fleet of approx 30 vessels in operation

Technip Weaknesses

Here are the weaknesses in the Technip SWOT Analysis:

1. Out of the three division onshore division has shown under performance

2. Stiff competition from international players and strong govt policies means restricted operations

Technip Opportunities

Following are the Opportunities in Technip SWOT Analysis:

1.Developments in the middle east

2.More oil well discoveries

3. Growing demand for energy worldwide

4.Series of acquisition by the company

Technip Threats

The threats in the SWOT Analysis of Technip are as mentioned:

1.High Competition from existing oil services companies globally

2.Economic instability and fluctuations worldwide

3. Issues caused by volatility in costs of input

Technip Competition
Competitors

Below are the top 3 Technip competitors:

1. ABB Ltd.

2. Aker Solutions ASA

3. Bechtel Group


This article has been researched & authored by the Content & Research Team. It has been reviewed & published by the MBA Skool Team. The content on MBA Skool has been created for educational & academic purpose only.

Similar analysis has also been done for the competitors of the company belonging to the same category, sector or industry. Browse marketing analysis of more brands and companies similar to Technip. The BrandGuide section covers SWOT Analysis, Competitors, Segmentation, Target Market, Positioning & USP of more than 2800 brands from over 20 industry sectors.

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