BRP Overview
1.1.1 Company Overview
Company Headquarters: Canada
Founded: 1942
Workforce: ~ 12,500
Company Working: BRP is one of the leading manufacturers of Powersports vehicles and propulsion systems in the industry. The company operates through four business segments, year-round products, seasonal products, part, accessories, and clothing, and propulsion systems. It offers a wide range of products under various brand names, such as Ski-Doo and Lynx snowmobiles, Sea-Doo watercraft, Can-Am on- and off-road vehicles, Evinrude and Rotax marine propulsion systems, as well as Rotax engines for karts, motorcycles, and recreational aircraft. It offers side-by-side vehicles, ATV, three-wheeler vehicles, personal watercraft (PWC), and snowmobiles. It supports the wide product lines for the service of dedicated parts, accessories, and clothing (PAC) business for consumers.
BRP has a wide presence in over 100 countries with a network of 4,200 dealers. It manages its business in Asia-Pacific through regional offices in Australia, Japan, Hong Kong, China, and New Zealand. The major competitors for the company include Polaris, Honda, and Kawasaki.
Strategy
BRP is one of the leading companies in the global Powersports market. The company is focused on increasing revenue aiming at earning USD 6 billion by FY 2021. Its 2020 plan is focused on the strategic priorities of growth, agility, and lean enterprise. It plans to enhance its product range of powersport vehicles and associated engines through research and development. The company is expected to undertake strategic acquisitions and joint ventures for Powersports vehicles in the coming years to increase its global presence and maintain its financial position.



