COMPANY PROFILE -Adient plc
Business Sector :Auto Ancillary
Operating Geography :United States North America, Global
About Adient plc :
Adient plc was spun off from Johnson Controls in 2016 and has its headquarters in Dublin, Ireland. With over 75,000 employees and operations in over 200 locations worldwide and as of early 2023, Adient serves nearly every major automaker in the world. Adient offers a full range of seating products and solutions, including complete seat systems, recliners, mechanisms, trim covers, and foam. The company leverages its expertise in materials science, engineering, and design to create innovative and comfortable seating solutions that meet the evolving needs of the automotive industry. In recent years, Adient has made significant investments in research and development, as well as in new technologies such as electrified and autonomous vehicles, to stay ahead of the curve in the rapidly changing automotive industry. The company has also formed strategic partnerships and collaborations with leading automakers and suppliers to drive innovation and growth.
The USP of Adient lies in it being a global leader in the design and manufacture of automotive seating. Adient is committed to sustainability and operates under a comprehensive sustainability strategy that focuses on reducing its carbon footprint, improving resource efficiency, and promoting sustainable materials and processes. The company also places a strong emphasis on quality and has implemented rigorous quality control processes to ensure the reliability and durability of its products.
Adient plc Revenue :
US$ 14,121 million - FY ending 30th September 2022
US$ 13,680 million - FY ending 30th September 2021
US$ 12,670 million - FY ending 30th September 2020
Competitive Analysis of Adient plc
The SWOT analysis for Adient plc is presented below in a matrix followed by the detailed analysis report:
| Strengths | Weaknesses |
1. Market leader of automotive seating industry
2. Longstanding ties with top global companies
3. Operational facilities situated all over the globe
4. Significant investments for capacity expansion
| 1. Gross profits are on a constant decline since inception
2. Overcapacity in terms of business volume
3. Lack of financial flexibility
|
| Opportunities | Threats |
1. Joint venture with Yanfeng Automotive projects high future revenues
2. Regaining strong revenues shows potential for growth
3. Expected growth in automotive industry can improve Adient’s sales figures
| 1. Shortage of plastic based raw material is a major challenge
2. Failure of IT department and cybersecurity risks can adversely affect the company
3. Uncertainty of investors over jurisdiction disparity between Ireland and USA
|
Adient plc SWOT and PESTLE Analysis PDF Report is a custom report and will be delivered to your email inbox within 2 business days from purchase.
Detailed SWOT Analysis of Adient plc
Strength
1. Market leader of automotive seating industry: Adient is an intercontinental figurehead in the sphere of automotive seating supply industry and has a prime market positioning in America, China and Europe. Adient has the competence to develop, engineer, design, manufacture and deliver complete seat systems in almost every pivotal automotive producing region globally. It upholds well-established relationships with the largest global automotive original equipment manufacturers (OEMs). With its global footprint, partnerships, and vertical integrations in China, Adient may serve as an anchor for growth in the automotive seating sector because it places a priority on fostering and maintaining long-term customer relationships.
The remaining section under "Strength" is available only in the 'Complete Report' on purchase.
Weakness
This section is available only in the 'Complete Report' on purchase.
Opportunity
This section is available only in the 'Complete Report' on purchase.
Threat
1. Shortage of plastic based raw material is a major challenge: Scarcity of foam obtainability might bring economic topsy-turvy for Adient due to competitiveness with the household furnishing sectors. Data show that recently there had been a hike in the U.S. imports of car seats. Shipments from Mexico and Canada might be affected due to undersupply of petrochemicals. Exports of car seats from Mexico to U.S. steeply decreased by 35% as automakers trimmed down their supply chains responding to scarcity of semiconductors. As a result, export linked to Adient dropped down to 32% at the year ending shifting the company’s supply chain blueprint over North America.
The remaining section under "Threat" is available only in the 'Complete Report' on purchase.
The PESTLE analysis for Adient plc is presented below in a table followed by the detailed analysis report:
| Political | Economical | |
1. Michigan companies shows negative covid-19 impacts
2. Chinese market a favourable base for growth of automotive seating industry
| 1. Automotive seat market to grow $78 billion by 2027
2. Lightweight seats induce electric car market growth
| |
| Social | Technological | |
1. Consumer willingness to opt personal cars increased since pandemic
| 1. Child car-seats sees innovative life-saving alarm system
2. Top designer introduces BabyArk car seats
| |
| Legal | Environmental | |
| 1. Legal investigation exposes safety issues in booster seats | 1. Child car seats containing toxic chemicals
2. Dumping car seats owing to recycling issues brings detrimental impact on environment
| |
Adient plc SWOT and PESTLE Analysis PDF Report is a custom report and will be delivered to your email inbox within 2 business days from purchase.
Detailed Pestle Analysis of Adient plc
Political
This section is available only in the 'Complete Report' on purchase.
Economic
This section is available only in the 'Complete Report' on purchase.
Social
This section is available only in the 'Complete Report' on purchase.
Technological
This section is available only in the 'Complete Report' on purchase.
Legal
This section is available only in the 'Complete Report' on purchase.
Environmental
1. Child car seats containing toxic chemicals: Toxic flame retardants that has been found in the newly manufactured children’s car seats rises alarming perturbation regarding children’s health. The dicey flame-retardant chemicals are associated with a diverse negative health effects like hormone disruption, impaired brain development, liver damage and cancer. Children are more prone to these affects than adults because of their propensity to put their hands in the mouth or chewing on their seat cars that might result in ingestion of the accumulated dust in the vehicle. Children are likely to be exposed to flame retardants by inhaling the chemicals percolating in the air out of the fabrics and foam from their surrounding car seats. During the summer months, it even becomes more noxious because of the increased heat rate. This marks a suitable entry point for Adient in manufacturing baby seats, with new innovations that are healthier than those currently in use.
The remaining section under "Environmental" is available only in the 'Complete Report' on purchase.
Major Brands :
- Complete Seats
- Foam
- Seat structures
- Trim
Adient plc SWOT and PESTLE Analysis PDF Report is a custom report and will be delivered to your email inbox within 2 business days from purchase.
TABLE OF CONTENTS
DELIVERY AND FORMAT
WHY CHOOSE US?
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| Adient plc Segmentation, Targeting and Positioning (STP) Analysis |
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| Adient plc Ansoff Matrix Analysis |
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Check Out Analysis of Other Relevant Companies
References used in Adient plc SWOT & PESTLE Analysis Report
1. Annual Report - https://otp.tools.investis.com/clients/us/adient/SEC/sec-show.aspx?FilingId=14533791&Cik=0001670541&Type=PDF&hasPdf=1
2. Adient expands in Greenfield - https://www.recordherald.com/news/80357/adient-expands-in-greenfield
3. Which Michigan companies are vulnerable as coronavirus spreads? - https://www.crainsdetroit.com/economy/which-michigan-companies-are-vulnerable-coronavirus-spreads
4. China Automotive Seating Market Expected to be Worth RMB 133.5 Billion in 2025 - ResearchAndMarkets.com - https://www.businesswire.com/news/home/20200113005431/en/China-Automotive-Seating-Market-Expected-to-be-Worth-RMB-133.5-Billion-in-2025---ResearchAndMarkets.com
The detailed complete set of references are available on request in the 'Complete report' on purchase.
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