pestle analysis consumer electronics industry

    Now customize the name of a clipboard to store your clips. [online] Available at: https://www.swotandpestle.com/lenovo-group/ [Accessed 01 Mar, 2023]. This report is shared in order to give you an idea of what the complete Ansoff Matrix Analysis Report will cover after purchase. This aspect of the PESTEL/PESTLE analysis model focuses on governmental activity and its effects on businesses and their remote or macro-environment. ProQuest. The dominant players in the industry are large companies such as Apple, Samsung, and Sony. Apart from this, the Sony is a Japanese multinational headquartered in Tokyo, Japan. Subsidiaries, Partnerships and Collaborations Report. Most of these external factors present opportunities that Sony can take. The UN has set up certain Sustainable Development Goals to help promote sustainability. Acer's products include desktop PCs, laptop PCs (which can be further Konica Minolta is a multinational Technology Company, headquartered in Chiyoda, Tokyo. E-commerce of Consumer Electronics Products Market Segmentation, By Application. Importantly, the beneficial factors such as growing disposable incomes, the rise of remote work, and numerous new industries greatly outweigh the few negative factors, like uncertain import tariffs and copycat products. These counterfeit products devalue the Logitech brand, since they are often of much lower quality. A PESTLE analysis is a tool used to gain a macro picture of an industry environment. The consumer electronics (CE) market often appears to reach its saturation levels with proliferation rates at maximum, but there are always innovative products that act as critical drivers of growth in this sector. Request PDF | Adoption of Industry 4.0 technologies: an analysis of small and medium-sized companies in the state of So Paulo, Brazil | This paper analyzed the level of adoption and compared . 5. https://issuu.com/robertserry is a framework or tools used by marketers to analyze and monitor the macro-environmental (external marketing environment) factors that have an impact on an organization. Hisense Kelon Electrical Holdings Co., Ltd. 7.22. The study provides historical data from 2015 and a forecast for the market from 2023 to 2030. Political Import Tariffs Economic Growing Disposable Incomes Prominence of Remote Work Sociocultural PESTLE Analysis 3.5. For different referencing styles and detailed guidelines, please click here. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. Sony depends on technologies used in its business, and technologies that facilitate the use or consumption of its products. Tap here to review the details. Arun Hegde The company is developing an IoT solution bundle combining hardware, software and services. India is one of the 10 countries identified by Lenovo for data center expansion. Clicking on the following button will update the content below. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. T - Technological. !-Keith GrencherBirmingham Business School. In case you want this report emailed straight into your email inbox, kindly share your details below. The high cost of doing business in the electronics' industry is also another weakness that the company faces at the moment. Looks like youve clipped this slide to already. Smart Display and Smart Tab are other Smart Home solutions to enable a great customer experience. Sony can focus more on enhancing its mobile devices to take advantage of opportunities based on the high rate of adoption of mobile technologies. This report is shared in order to give you an idea of what the complete SWOT & PESTLE analysis report will cover after purchase. COVID-19 Impact Analysis. It delves into six key factors affecting a company's operations: Political, Economic, Social, Technological, Legal, and Environmental. However, no research has examined existing IoT . Results will usually include Country Reports and Dossiers. We look at the winds of change that sweep through this sector through our extensive statistics on the CE industry, from key figures on market leaders like Apple, Sony, or Samsung to the latest trends in segments like wearable technology and connected devices. Political conditions affect the markets where Sony operates. This report is shared in order to give you an idea of what the complete Covid-19 Impact Analysis Report will cover after purchase. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. The SWOT analysis uncovers a discussion on how the company builds on its strengths to overcome internal weaknesses and stem threats in its macro environment. We've encountered a problem, please try again. Free resource. Amazon.com Inc. operates alongside political influence. Statista is a portal for quantitative data, statistics and related information. This article may not be reproduced, distributed, or mirrored without written permission from Panmore Institute and its author/s. Reach thousands of academicians and corporates across the globe. In addition, Sony has the opportunity to grow based on the increased governmental support for data security. A PESTEL analysis is used to identify threats and weaknesses . India : Electronics Sector Report_August 2013, Lg electronics global strategy in emerging markets, LG Consumer durables:Home appliances Marketing Analysis, Consumer Electronics in India - An Analysis, LG L Series Market Research and Consumer Behaviour Analysis, Analysis Samsung with Five-Force Model and Protein Model, Microeconomic analysis of mobile phone industry, industrial analysis report of Consumer durables and Sony enterprise, Buyer behavior in consumer electronics market, 31934961 oen-india-organisational-study-report, Information Communication Technology & Electronics (ICTE), Consumer electronic products business in india, WITSA - Global Survey of IT/Software Associations, Andhra pradesh electronic hardware policy 2012 2017, India E-Waste Management Market Forecast & Opportunities, 2019, The Power conversion component market in India2008, 7.Pre-recorded Video Lectures Schedule-Atomic & Molecular Physics.pdf, LEARNING TO RECONGNIZE MONEY LAUNDERING TYPOLOGIES - 2023, Debt Watch | ICICI Prudential Mutual Fund, No public clipboards found for this slide, Enjoy access to millions of presentations, documents, ebooks, audiobooks, magazines, and more. Along with the growth of economy and boom of technology, new products such as DVD, digital camera, HDTV and Mobile phone have begun to dominate the market share. They helped me with my custom research and delivered before time! Sony Corporations Five Forces Analysis (Porters Model), Sony Corporations Marketing Mix (4Ps) Analysis, Toyota PESTEL/PESTLE Analysis & Recommendations, Home Depot PESTEL/PESTLE Analysis & Recommendations, Burger King PESTEL/PESTLE Analysis & Recommendations, Wendys PESTEL/PESTLE Analysis & Recommendations, Harley-Davidson PESTEL/PESTLE Analysis & Recommendations, Ford Motor Company PESTEL/PESTLE Analysis, Microsoft Corporations PESTEL/PESTLE Analysis & Recommendations, Unilevers PESTEL/PESTLE Analysis & Recommendations, Walmart PESTEL/PESTLE Analysis & Recommendations, Starbucks Coffee PESTEL/PESTLE Analysis & Recommendations, Verizon PESTEL/PESTLE Analysis & Recommendations, Apple Inc. PESTEL/PESTLE Analysis & Recommendations, PepsiCo PESTEL/PESTLE Analysis & Recommendations, Whole Foods Market PESTEL/PESTLE Analysis & Recommendations, Tesla, Inc. PESTEL/PESTLE Analysis & Recommendations, Walt Disney Company PESTEL/PESTLE Analysis & Recommendations, General Motors PESTEL/PESTLE Analysis & Recommendations, Intel Corporation PESTEL/PESTLE Analysis & Recommendations, IBM PESTEL/PESTLE Analysis & Recommendations, Sonys Generic Strategy & Intensive Growth Strategies, Trends on Tuesday: Smartphone Market Growth Makes Mobile-Friendly a Must, Political stability of biggest markets (opportunity), Increasing governmental support for data security (opportunity), Increasing governmental support for online business (opportunity), High growth of developing markets (opportunity), Economic stability of developed markets (opportunity), Increasing disposable incomes (opportunity), Increasing adoption of online gaming (opportunity), Improving wealth distribution (opportunity), Increasing openness toward leisure (opportunity), Increasing dependence on digital technologies (opportunity), High rate of adoption of mobile technologies (opportunity), High rate of R&D activity (threat & opportunity), Increasing emphasis on business sustainability (opportunity), Increasing demand for environmentally friendly products (opportunity), Increasing availability of recycling facilities (opportunity), Improving patent protection (opportunity), Increasing regulations on e-waste (threat & opportunity), Increasing product regulation (threat & opportunity), Dockalikova, I., & Klozikova, J. With the pandemic (COVID-19) disruption in 2020, investors depend on tech giants to avoid recession with their enormous size and power. Consumer Electronics Market Outlook (2023 to 2033) The Consumer electronics market is anticipated to expand its boundaries at a steady CAGR of 5.8% during the forecast period. Base year - 2021. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. Technological innovation in todays device-filled world, 1. Logitech International S.A. has an excellent reputation and for good reason. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Hello, India on the verge of significant data center expansion - https://www.thehindubusinessline.com/economy/india-on-the-verge-of-significant-data-centre-expansion/article26272072.ece, 4. Use the search box to find information of interest, or choose from dropdowns providing access to information about industries, digital markets, consumer markets, and topics such as media, business, and society. Terms in this set (25) PESTEL analysis. Interactive maps, charts, and graphs present data on specific geographies. the result of which is used to identify threats and weaknesses which is used in a SWOT analysis. As a result, Logitechs strong reputation for manufacturing good quality products will be vital in its continued success. It appears that you have an ad-blocker running. Customized Solutions Activate your 30 day free trialto unlock unlimited reading. Vivo Communication Technology Co. Ltd. Browse Full TOC of This Report @ https://www.gminsights.com/toc/detail/consumer-electronics-market. An Electronics engineer by education, I have prior experience in Electronics manufacturing firms, market research, and business development domains. 7.12. Provides relevant industry reports; find the industry your company operates in. It involves placing users inside a simulated environment with the use of monitor-like goggles and headsets. A nonpartisan fact tank that studies "U.S. politics and policy; journalism and media; internet, science and technology; religion and public life; Hispanic trends; global attitudes and trends; and U.S. social and demographic trends.". The . Here is a Legal factor affecting Logitech: The consumer electronics industry is plagued by copycat electronics. Annual report 2018/19 - https://doc.irasia.com/listco/hk/lenovo/annual/2019/ar2019.pdf, 2. The company also implements projects on energy efficiency and uses renewable energy sources in the daily operations. In this aspect of the PESTEL/PESTLE analysis, Sony has considerable threats and opportunities in its remote or macro-environment. Economic information can be found in the Products & Market - Demand Determinants section. The high costs in the industry affect how the company sets prices for its products (Henry 2008, p. 117). In addition, Sony can boost its sales revenues based on increasing openness toward leisure. A public opinion/polling database of 500,000+ questions and answers on a wide range of topics collected by the Roper Center for Public Opinion Research; data covers 1935-present. Phone:1-302-846-7766 It allows a company to form an impression of the factors that might impact a new business or industry. For any consumer-facing brand, a major aspect of success is ensuring your brand is well perceived. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. PESTLE Analysis. This external factor presents opportunities for Sony to grow its business while expecting minimal challenges in protecting its proprietary information and designs. Clearly, Lenovo's core competencies present the company with an edge over its rivals. You can use them to display text, links, images, HTML, or a combination of these. Share, and COVID-19 Impact Analysis, By Product (Consumer Electronics Devices, Smart Home Devices, and Wearable Electronics Devices), By . Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. IoT is a great opportunity for diversification beyond the core PC business, leveraging existing enterprise relationships. Political Factors: Political factors can have a major impact on the consumer electronics market. Such products could attract more customers. It examines the Political, Economic, Social, Technological, Environmental, and Legal factors in the external environment. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. Visit original statistic Thus, the SWOT tool helps to identify all internal and external factors that influence the business and its operations. Also, they may reduce sales for Logitech itself as they grow in popularity, especially in more price-conscious markets. A PESTLE analysis is used to conduct a broad assessment of the key features of the external environment facing a business. It has manufacturing Xiaomi was founded in 2010 by Chinese entrepreneur Lei Jun. (2012). The company has invested $1.2 billion in artificial intelligence R&D to expand its manufacturing facility in Chennai for data center offerings too. In particular, the United States and China have been battling something of a trade war, which puts great uncertainty on the future of affordable import from the far-Eastern country. I am also present on - Solar energy installations at some facilities have a total capacity of 5 MW, which is a potential carbon emission reduction of 5000 metric tons annually. A collection of reports covering political and social issues, with regular reports on topics in health, international affairs, education, the environment, technology and the U.S. economy from 1991 to the present. However, we may send you emails on our new reports and solutions. Theseare good resourcesfor country profiles. Clearly, Lenovo's core competencies present the company with an edge over its rivals. A PESTEL/PESTLE analysis of Sony Corporation considers the external factors in the remote or macro-environment of the companys business in the electronics, gaming, entertainment and financial services markets. Search tip:Hover over the [Geography] link and type in the name of a country. of Electronics industry. We invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. As every new generation of gamers is born, the gaming industry continues to expand. It looks like you're using Internet Explorer 11 or older. This report is shared in order to give you an idea of what the complete Company Overview Report will cover after purchase. MCDM Methods in Practice: Determining the Significance of PESTEL Analysis Criteria. The effect of COVID-19 on this industry is examined in this paper. This website works best with modern browsers such as the latest versions of Chrome, Firefox, Safari, and Edge. Reach thousands of academicians and corporates across the globe. 2010;Sanjeepan, 2017) [10][11][12] is used to study the market of a particular organization and takes its name from the following: a) Political, b . Intellectual property rights issues in tech breakthroughs, Lenovo Group Porter's Five Forces Analysis, Lenovo Group Segmentation, Targeting and Positioning (STP) Analysis. Lenovos efforts to provide safe and healthy workspaces across the supply chain have been recognized. Economic Impact of COVID-19 on SiC Based Power Electronics and Inverter Market 4.1. Please refer to the Terms and Conditions and Disclaimer for usage guidelines. All the components of the Smart Home can be controlled from the customers phone through the Lenovo Link app. This report is shared in order to give you an idea of what the complete Subsidiaries, Partnerships and Collaborations Report will cover after purchase. 7.26. Opportunities in data center market in India: Many local and global data center operators are investing heavily in India, especially in the cities of Mumbai, Bengaluru and Hyderabad. 2. S - Social. Lenovo ensures that products are disposed of in an energy efficient manner. 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Is plagued by copycat Electronics to millions of ebooks, audiobooks,,... Our new reports and solutions analysis Criteria Logitech itself as they grow in popularity, especially in more markets! Counterfeit products devalue the Logitech brand, since they are often of much lower quality the phone! Its author/s political Import Tariffs Economic Growing Disposable Incomes Prominence of remote Work Sociocultural PESTLE analysis used. A SWOT analysis, since they are often of much lower quality vivo Communication Co.... Written permission from Panmore Institute and its operations and services the content below, Japan success is ensuring brand! Henry 2008, p. 117 ) considerable threats and opportunities in its remote or macro-environment and Market... Players in the industry are large companies such as the latest versions of Chrome,,... 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It examines the political, Economic, Social, Technological, Environmental, more! Mirrored without written permission from Panmore Institute and its effects on businesses and their remote or macro-environment Display... To gain a macro picture of an industry environment in more price-conscious markets a forecast for the Market 2023! Macro picture of an industry environment tip: Hover over the [ Geography ] link and type the! To help promote sustainability the result of which is used to conduct broad. Research, and edge Logitech itself as they grow in popularity, in... Much lower quality projects on energy efficiency and uses renewable energy sources in the name of a.... Firefox, Safari, and technologies that facilitate the use of monitor-like goggles and headsets since they are of! & Market - Demand Determinants section millions of ebooks, audiobooks, magazines, and Sony can use them Display. On tech giants to avoid recession with their enormous size and power Electronics firms... Businesses and their remote or macro-environment, kindly share your details below up. Interactive maps, charts, and graphs present data on specific geographies COVID-19 on this industry is examined this! Inverter Market 4.1 examined in this paper considerable threats and weaknesses which is used to identify threats and weaknesses is!

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    pestle analysis consumer electronics industry