Company ProfilePremium

HARMAN International

Company Profile Analysis

ESOMAR 23 Corporate BadgeISO Certifications Badge
HARMAN International - Automotive showcase

Year Founded & Workforce

1980

30,000 Employees

Industry

AutomotiveB2BB2C

Services

HARMAN REMOTE VEHICLE UPDATING SERVICE (OTA)Smart Fleet Management
H

HARMAN International Employee Contacts

We don't hold contact details for this company yet — you can request them.

Request Employee Contacts

HARMAN International Overview

Company Headquarters: Connecticut, US

Founded: 1980

Workforce: ~30,000

Company Working: Harman International (Harman) designs connected products and a solution for automakers, enterprises, and consumers worldwide. The company also offers a connected car system, audio and visual products, and enterprise automation solution and service that supports IoT. Harman offers a wide range of product offering sold under various brand names. The company’s brand includes AMX, AKG, Crown, Infinity, Harman/Kardon, JBL Professional, JBL, Martin, Mark Levinson, Soundcraft, Revel, Studer, and Soundcraft. Harman software solutions power mobile, and the system is designed to be connected, personalized, integral, and adaptive across various platforms, from home and work to car and mobile. Its infotainment segment designs, develops, and markets infotainment system for automobile applications to be installed by original equipment automotive manufacturers. The company's scalable infotainment platforms offer enhanced and connected capabilities to the car, including intelligent high-performance navigation with embedded multimedia solutions, upgradeability, premium entertainment, offboard connectivity and onboard connectivity, and active safety systems. The company's lifestyle segment design, produce and markets car audio systems for automobile application to be installed as original equipment by automakers, along with a broad range of mid to high-end loudspeaker as well as electronics for multimedia, home, and mobile applications.

Strategy

HARMAN International follows an organic growth approach to expand its presence in the market. The company engages in partnerships to increase its product reach and sales. It invests significantly in R&D for the development of autonomous driving and mobility solutions. It also concentrates on developing and investing in cellular network technologies to improve connectivity in autonomous vehicles.

Company Snapshot

$171.3M

Revenue

30,000

Employees

1980

Founded

Connecticut, US

Headquarters

SWOT Analysis

Strengths

  • Strong brand image
  • Diverse product portfolio with strong brands in each category
  • Well-developed distribution network
  • Global presence
  • Specific product line

Weaknesses

  • Financial planning is not efficient
  • Inability to generate positive cashflows

Opportunities

  • Business growth through product development
  • Strategic partnerships with software developers
  • Acquisition and product launch
  • Increasing focus on the development of innovate Technology

Threats

  • Intense competition among market players
  • Foreign currency exchange rate fluctuations
  • Intense competition
  • Rising raw material prices

Unlock Company Financials

Unlock this company profile to view its financial data.

View Subscription Plans

Product Offering

  • HARMAN International
    • HARMAN REMOTE VEHICLE UPDATING SERVICE (OTA)
    • Smart Fleet Management

Financial Performance

Explore key financial metrics, segmented revenue, balance sheet health, and performance trends.

By Business Segment: Revenue rose from USD 171.3 Bn in 2015 to USD 218.2 Bn in 2018.
HARMAN International — By Business Segment
Series (USD Bn)2015201620172018
Revenue171.3180.8212.8218.2

Unlock Company Financials

Unlock this company profile to view its financial data.

View Subscription Plans

Unlock Company Contacts

Connect with Key Decision-Makers

Access verified employee contacts and decision-maker information from this company to support your sales, lead generation, and business development efforts.