What Does Honeywell Offer?
Honeywell is a diversified technology and manufacturing company. It offers aircraft engines, avionics and other related products and services; control, sensing and security technologies for commercial and residential use; specialty chemicals, electronic and advanced materials; process technology for refining and petrochemical industry; and building technologies solutions for homes and businesses.
Honeywell supplies aircraft engines, avionics and related products and services to original equipment manufacturers (OEM) in the air transport, regional, business and general aviation aircraft segments. It also provides spare parts and repair and maintenance services for the aftermarket (principally to aircraft operators). Some of Honeywell's customers are NASA, FAA, the U.S. Air Force, Department of Defense and Department of Energy, Boeing and Lockheed Martin. Honeywell's Process Solutions & Performance Materials products are used in the refining, petrochemical, automotive, healthcare, agricultural, packaging, refrigeration, appliance, housing, semiconductor, wax and adhesives end-markets. Building Technologies and Safety & Security Products are used by governments, retail consumers and companies operating in transportation and logistics, manufacturing, healthcare, warehousing and security sectors. People dealing with facilities and building management also purchase the segment's products.
What Are The Alternatives?
With Honeywell being a conglomerate, it faces competition from different companies across different sectors, biggest of which have been mentioned below. Aerospace: Garmin, Thales, Safran and United Technologies Honeywell Building Technologies: Emerson Electric, Itron, Johnson Controls, Schneider Electric and Siemens Performance Materials and Technologies: Albemarle, BASF, DuPont, Emerson Electric and Sinopec Safety and Productivity Solutions: 3M, Mine Safety Appliances (MSA), Kion Group, TE Connectivity and Zebra Technologies