SWOT ANALYSIS ON Lumencraft Inc.

[abhishreshthaa]

Lumencraft Inc. is a flashlight manufacturer producing LED flashlights. Lumencraft lights are Swiss designed and US built and target the luxury/high end market of the flashlight industry, with prices as high as $370 for a single flashlight [1].

Popular Mechanics has referred to Lumencraft as the Rolex of Flashlights[2].

The nature of Lumencraft products can be seen in the use of materials such as titanium and carbon fiber and aerospace manufacturing processes and technologies[3]. Some of Lumencraft's products, such as the GatLight, have up to 80 individual parts, including custom machined metal parts. Lumencraft uses computer-aided design as well as photon and thermal simulation technologies.

Lumencraft lights are typically pre-ordered with individual serial numbers assigned to each light.

The company was founded by an American aerospace engineer and a Swiss designer in 2006 and is incorporated in the state of California.


Strengths

* Strong management team
* Strong financial position
* Reputation management

Weaknesses

* Low market share
* No online presence
* Ubiquitiouegory, products, services

Opportunities

* Emerging markets and expansion abroad
* Online

Threats

* Competition

 

[jiten005]

Lumencraft Inc. is a flashlight manufacturer producing LED flashlights. Lumencraft lights are Swiss designed and US built and target the luxury/high end market of the flashlight industry, with prices as high as $370 for a single flashlight [1].

Popular Mechanics has referred to Lumencraft as the Rolex of Flashlights[2].

The nature of Lumencraft products can be seen in the use of materials such as titanium and carbon fiber and aerospace manufacturing processes and technologies[3]. Some of Lumencraft's products, such as the GatLight, have up to 80 individual parts, including custom machined metal parts. Lumencraft uses computer-aided design as well as photon and thermal simulation technologies.

Lumencraft lights are typically pre-ordered with individual serial numbers assigned to each light.

The company was founded by an American aerospace engineer and a Swiss designer in 2006 and is incorporated in the state of California.


Strengths

* Strong management team
* Strong financial position
* Reputation management

Weaknesses

* Low market share
* No online presence
* Ubiquitiouegory, products, services

Opportunities

* Emerging markets and expansion abroad
* Online

Threats

* Competition

Hey friend, thanks for your contribution and providing the report on Lumencraft Inc which would really help many students and professionals. BTW, I am also going to share a document on Lumencraft Inc for helping others.