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It seems to me that for such a good company it gets comparatively little attention here. Firstly I am persuaded that the breadth of its divisions and the market areas it is in are all very favorable for the future. You could say I swallow the company's strategy hook,line and sinker : )

I follow Honeywell closely as I have an interest in Transense Technologies plc [TRT on the AIM market in the UK] for which Honeywell is the major licensee and as what is good for Honeywell is good for TRT. In fact I think it is going to be very good for Honeywell indeed.!

I am slightly surprised this has not been picked up on this forum but this page has a Powerpoint presentation of 4mb on a new area for Honeywell:

As you can see the primary goals are the auto market for both torque sensing and tire pressure monitoring and these are advanced stages in both areas. What is new is the industrial sensor uses though as I keep track of Honeywell patents I am not totally surprised when they were revealed. Hopefully H. will provide some more details at the quarterly report but these sensors could be massive in the near future.

Michelin is already using the TPMS in its eTire product for truck fleets and Lear are meant to be working on it for car applications - though no sign of a product yet signed up with a major auto company.

The contactless torque sensor is being tested with two major US manufacturers , I am fairly sure these are GM and Chrysler, and one premium, German manufacturer which is BMW. Obviously once these are included in models this will be a considerable revenue stream but probably outstripped by industrial uses eventually.

Anyway an area to keep an eye on. Incidentally the presentation includes a couple of foretastes on the non-auto uses.
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