Baker Hughes SWOT Analysis
Here is a detailed SWOT analysis of Baker Hughes covering strengths, weaknesses, opportunities and threats.
Baker Hughes Strengths
- Research and Development
- High product range
- Stability
- Global Brand
Above are the strengths in the SWOT Analysis of Baker Hughes. The strengths of Baker Hughes looks at the key internal factors of its business which gives it competitive advantage in the market and strengthens its position.
Baker Hughes Weaknesses
- Cost of environmental hazards
- Declining Oil Reserves
- Costs
These were the weaknesses in the Baker Hughes SWOT Analysis. The weaknesses of a brand are certain aspects of its business which it can improve.
Baker Hughes Opportunities
- Increasing fuel/oil prices
- Increasing natural gas market
- More oil well discoveries
- Infrastructure growth means more automobiles and construction equipment which require more fuel.
Above we covered the opportunities in Baker Hughes SWOT Analysis. The opportunities for any brand can include prospects of future growth.
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Baker Hughes Threats
- Government regulations
- High Competition
- Economic instability
The threats in the SWOT Analysis of Baker Hughes are as mentioned above. The threats for any business can be external factors which can negatively impact its business.
Hence this concludes the Baker Hughes SWOT analysis.
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About Baker Hughes
The table below gives the brand overview along with its target market, segmentation, positioning & USP
Baker Hughes | |
| Parent Company | Baker Hughes |
|---|---|
| Category |
Oil & Gas |
| Sector | |
| Tagline/ Slogan |
Best in Class; Core Values of Integrity, Teamwork, Performance & Learning |
| USP |
World's third largest oilfield services company |
| Baker Hughes STP | |
| Segmentation |
Corporates, countries, individuals looking to fulfill energy needs |
| Target Market |
Enterprises looking for energy for production, people for petrol diesel for vehicles and domestic uses |
| Positioning |
One of the biggest oil field service companies |
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