New Coverage Launch By Trefis: $107 Price Estimate For Honeywell International Inc. -- Part 2

Honeywell's market share had declined in the past two years primarily due to slower growth in revenue from Europe and U.S. than the industry. However, going forward, we believe that Honeywell's market share could increase due to its focus on expansion in developing countries such as China and India. Additionally, a multi-brand strategy could also bolster its market share.