Company profile

Future of Honeywell International

#
Rank
2
| Quantumrun Global 1000

Honeywell International Inc. is a US conglomerate company that operates globally. It produces diverse aerospace systems, consumer and commercial products, engineering services for a wide variety of customers, from private consumers to major corporations and governments. The company operates four business units, known as Strategic Business Units – Home and Building Technologies (HBT), Honeywell Performance Materials and Technologies, Honeywell Aerospace, and Safety and Productivity Solutions (SPS).

Home Country:
Sector:
Industry:
Electronics, Electrical Equip.
Founded:
1906
Global employee count:
131000
Domestic employee count:
45000
Number of domestic locations:
7

Financial Health

Revenue:
$39302000000 USD
3y average revenue:
$39396333333 USD
Operating expenses:
$5705000000 USD
3y average expenses:
$5494666667 USD
Funds in reserve:
$7843000000 USD
Market country
Revenue from country
0.58
Revenue from country
0.25

Asset Performance

  1. Product/Service/Dept. name
    Aerospace
    Product/Service revenue
    14751000000
  2. Product/Service/Dept. name
    Home and building technologies
    Product/Service revenue
    10654000000
  3. Product/Service/Dept. name
    Performance materials and technologies
    Product/Service revenue
    9272000000

Innovation assets and Pipeline

Global brand rank:
144
Investment into R&D:
$2143000000 USD
Total patents held:
10024
Number of patents field last year:
31

All company data collected from its 2016 annual report and other public sources. The accuracy of this data and the conclusions derived from them depend on this publicly accessible data. If a data point listed above is discovered to be inaccurate, Quantumrun will make the necessary corrections to this live page. 

DISRUPTION VULNERABILITY

Belonging to the industrials and aerospace sector means this company will be affected directly and indirectly by a number of disruptive opportunities and challenges over the coming decades. While described in detail within Quantumrun’s special reports, these disruptive trends can be summarized along the following broad points:

*First off, advances in nanotech and material sciences will result in a range of materials that are stronger, lighter, heat and impact resistant, shapeshifting, among other exotic properties. These new materials will enable significantly novel design and engineering possibilities that will impact the manufacture of a vast swath of current and future products.
*The shrinking cost and increasing functionality of advanced manufacturing robotics will lead to further automation of factory assembly lines, thereby improving manufacturing quality and costs.
*3D printing (additive manufacturing) will increasingly work in tandem with future automated manufacturing plants drive down the costs of production even further by the early 2030s.
*The plummeting price and increasing energy capacity of solid-state batteries will result in a greater adoption of electric-powered commercial aircraft and combat vehicles. This shift will lead to significant fuel cost savings for short haul, commercial airlines and less vulnerable supply lines within active combat zones.
*Significant innovations in aeronautical engine design will reintroduce hypersonic airliners for commercial use that will finally make such travel economical for airlines and consumers.
*The shrinking cost and increasing computational capacity of artificial intelligence systems will lead to its greater use across a number of applications, especially drone air, land, and sea vehicles for commercial applications.
*As Asia and Africa rise in population and wealth, there will be a greater demand for aerospace offerings, especially from established Western suppliers.

COMPANY’S FUTURE PROSPECTS

Company Headlines