Published by MBA Skool Team, Last Updated: April 12, 2020
SWOT analysis of Ametek analyses the brand by its strengths, weaknesses, opportunities & threats. In Ametek 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 Ametek to benchmark its business & performance as compared to the competitors. Ametek is one of the leading brands in the energy & power sector.
The article below lists the Ametek SWOT, competitors and includes its target market, segmentation, positioning & USP. Let us start the Ametek SWOT Analysis:
For Ametek, SWOT analysis can help the brand focus on building upon its strengths and opportunities while addressing its weaknesses as well as threats to improve its market position.
The strengths of Ametek looks at the key aspects of its business which gives it competitive advantage in the market. Some important factors in a brand's strengths include its financial position, experienced workforce, product uniqueness & intangible assets like brand value. Below are the Strengths in the SWOT Analysis of Ametek :
1. It has approximately 13,700 employees working at more than 100 manufacturing facilities
2. The company has a greater operational and manufacturing efficiency when compared to other companies in the segment
3. It is known for its growth via strategic acquisitions; It has a history of successful and profitable acquisitions
4. High increase in sales , net earnings and diluted earnings per share reflect good financial report for the company
5. More than 50 % of its revenues come from foreign markets like Asia and Europe
The weaknesses of a brand are certain aspects of its business which are it can improve to increase its position further. Certain weaknesses can be defined as attributes which the company is lacking or in which the competitors are better. Here are the weaknesses in the Ametek SWOT Analysis:
1.The company basically operates in only two segments both of which are characterized by high maturity and consolidation
2. Lack of strong brand recognition even though it delivers high quality products with great support
3. Poor translation of High R&D costs into profits/ products
The opportunities for any brand can include areas of improvement to increase its business. A brand's opportunities can lie in geographic expansion, product improvements, better communication etc. Following are the opportunities in Ametek SWOT Analysis:
1.With its expertise it can easily diversify into newer segments and utilize its proficiency in the core two segments
2. AMETEK should undertake more green initiatives. Should leverage on High R&D to adapt green technologies for production processes
The threats for any business can be factors which can negatively impact its business. Some factors like increased competitor activity, changing government policies, alternate products or services etc. can be threats. The threats in the SWOT Analysis of Ametek are as mentioned:
1.Stringent environmental regulations and high construction costs of oil refineries has led to a weak market in US
2. A negative outlook of US economy, which constitutes the half of the market of AMETEK
There are several brands in the market which are competing for the same set of customers. Below are the top 5 competitors of Ametek:
A Leading Global Manufacturer of Electronic Instruments and Electromechanical Devices
Provide world-class products and services at competitive prices
Electronic Instruments, Electromechanical products/devices, Power distribution
Oil, gas and petrochemical refining markets,Natural gas distribution, Water and waste treatment, and Semiconductor markets, Power distribution industry
Leading global manufacturer of electronic instruments and electromechanical devices
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.
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