Bombardier is an aerospace and jet-manufacturing Canadian multiple company. Joseph Armand Bombardier founded the company in 1942. Today, we’ll discuss the SWOT analysis of Bombardier; it outlines strengths and weaknesses; opportunities, and threats that the company has to face; as a business strategy analysis example company.
Products and services portfolio of Bombardier
- Aircrafts
- Business jets
- Can-Am vehicles
- Quitrex boats
- Recreational aircrafts
- Rotax engines
- Rotax marines
- The propulsion system of marine
- Military equipment
Division of Bombardier
- Bombardier Defense
Statistical facts and figures of Bombardier
- Annual revenue: 8.046billion USD (2023)
- Net income: 0.445billion USD (2023)
- Employees; 19000
- Asset net worth: 12.324billion USD (2023)
Competitors of Bombardier
- Cirrus Aircraft
- Piper Aircraft
- Ray Theon
- General Dynamics Corporations
- Textron
- Cessna
- Gulfstream Aerospace
- Boeing
- Hawker Beechcraft
The SWOT analysis of Bombardier would analyze the internal strengths and weaknesses of the company; and external opportunities and threats that the brand has to face. Here’s Bombardier SWOT analysis as a business strategy analysis example company as follows;
Strengths of Bombardier
Some of the main internal strengths in the Bombardier SWOT analysis example company as business strategy analysis are as follows;
Large Portfolio
Bombardier has established a very large product portfolio in the defense and aerospace category. The company offers a wide aircraft products ranging from commercial aircraft, fight jets, aircraft engines, propulsion systems of marines, and others. The large and diversified aircraft product portfolio allows the company to target and serve the needs and requirements of various aviation companies, governments, and militaries.
Strong Finances
Bombardier has a strong financial position by having a market net worth of over 13 billion USD. The strong financial position plays a key role for the aerospace company to take on various new research projects to maintain its position in the market and aerospace industry.
Client Support Services
Bombardier has a highly proactive support line and it remains open and available to client companies and individual businesses across the world. It shows the aerospace brand’s strong commitment and integrity to its profession and giving top priority to clients in need.
Strategic Alliance
Bombardier has developed a strategic alliance with Boeing, Airbus, Mitsubishi, and the world’s leading tech aerospace and aircraft manufacturing companies. The sharing of knowledge and technical resources allows the company to develop new products, efficient tech, and breakthroughs in the industry.
Research & Innovation
Bombardier invests a significant amount of capital resources in research and development. It allows the aerospace company to develop advanced and sophisticated technology for marines, aircraft engines, propulsion systems, and other areas. However, it allows the company to gain a competitive edge in the market and strengthen its brand position in the industry.
Weaknesses of Bombardier
Some of the main internal weaknesses in the Bombardier SWOT analysis example company as business strategy analysis are as follows;
Limited Market Shares
Bombardier has a limited market share as compared to its competitive brands like Airbus and Boeing. It means that the aerospace brand has a limited market presence in various regions, markets, and countries across the world.
Government Subsidies Controversy
There was a controversy that Bombardier is receiving the Canadian government subsidy and operating under government control. It is not good for the growth of the private business enterprise that is operating its business globally; because government interferences come with a lot of regulations, restrictions, and slow bureaucratic processes.
Opportunities for Bombardier
Some of the main available opportunities in the Bombardier SWOT analysis example company as business strategy analysis are as follows;
Market Expansion
Bombardier should expand its aerospace, military, and aircraft business in developing countries and markets. The emerging market holds great growth potential and expansion in the new regions would amplify the company’s market share and strengthen its position in the global market.
Fuel Efficient Aircraft
The consumer market and businesses are shifting towards alternative sources of energy. Bombardier should develop fuel-efficient, electric, or solar aircraft to keep up with the global market trends. It would help the company to gain a competitive edge in the aerospace industry over competitors.
Research and Innovation
Bombardier should keep investing in the research and innovation project; collaborating with the leading aerospace industry brands. It allows the company to gain a tech breakthrough, develop efficient technology, and launch advanced aircraft for customers.
Threats to Bombardier
Some of the main potential threats in the Bombardier SWOT analysis example company as business strategy analysis are as follows;
Government Regulations
Government regulations of different countries are very strict for aerospace companies. In fact, some authoritarian regimes don’t allow private aerospace companies to run and operate their business in their territory. The company should be aware of the regulations of different countries before conducting and signing any contract.
Fuel Prices
Fuel prices have increased significantly for the past few years and it is negatively impacting the sale and growth of Bombardier’s products and aircraft. The development of energy-efficient technology is a big hurdle to stabilizing its position in the market.
Conclusion: Bombardier SWOT Analysis Example Company |SWOT Analysis of Bombardier |Business Strategy Analysis
After an in-depth study of the swot analysis of Bombardier; we have realized that Bombardier is the world’s leading aerospace multinational company. If you are learning about Bombardier’s SWOT analysis example company; then you should keep in mind the abovementioned internal strengths and weaknesses; external opportunities and threats as brand strategy analysis.
Ahsan Ali Shaw is an accomplished Business Writer, Analyst, and Public Speaker. Other than that, he’s a fun loving person.
