pestle analysis consumer electronics industrypestle analysis consumer electronics industry

1. https://www.slideshare.net/robertserry16/presentations This Bentley Library research guide was created to provide a starting point for researching industries and markets. All its Compal Electronics is a contract computer hardware manufacturer and assembler with headquarters located in Neihu, Taipei, Taiwan. . Corporate initiatives to achieve the UN Sustainable Development Goals: The rising awareness of the need for sustainability has led to governments and corporates implementing sustainability initiatives. Intellectual property rights issues in tech breakthroughs, Lenovo Group Porter's Five Forces Analysis, Lenovo Group Segmentation, Targeting and Positioning (STP) Analysis. Growing global smart home market: According to industry research, the smart home market is expected to grow at a CAGR of 12.02% from $76.6 billion in 2018 to $151.4 billion in 2024. Environmental factors are important due to the increasing scarcity of raw materials; pollution targets; doing business as an ethical and sustainable company; carbon footprint targets. Google search the company name and "investor relations." Value Chain Analysis 3.5.1. Nonetheless, based on the same external factor, Sony has opportunities to grow its electronics, gaming, entertainment and financial services businesses. Terms in this set (25) PESTEL analysis. It primarily produces cameras and office equipment such as printers, photocopiers, projectors and fax machines etc. Keep it up! Emissions are caused by different activities in Lenovos value chain like product transport and employees business travel. 7.12. The current company emerged from a merger between Lak-Hui and GoldStar, the initials of which are represented by the L and G used today. PESTEL Analysis is used by marketers to monitor and analyze the macro-environmental factors that affect the organization or 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. Sony must address the following technological external factors: Sony Corporation has growth opportunities based on the increasing dependence on digital technologies. Perhaps the electronics manufacturer will even look to create its own VR headset. Lenovo is titled as the world's largest PC Vendor, third-largest smartphone company, and one of the largest hardware companies globally. By accepting, you agree to the updated privacy policy. This report is shared in order to give you an idea of what the complete M&A Report and Analysis Report will cover after purchase. Lenovos sites across the world are ISO 14001:2015 certified. Each category includes in-depth reports, analyst comments, statistics and external sources. Economic Impact of COVID-19 on SiC Based Power Electronics and Inverter Market 4.1. Provides relevant industry reports; find the industry your company operates in. ProQuest. This external factor points to increasing individual and organizational demand for digital technologies. 3.4. Murphey, M., & Gause, R. (1974). This external factor creates opportunities for Sony to grow its revenues. Sony Corporation must satisfy legal requirements appropriate to its remote or macro-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. Combating the threat of climate change: Lenovo believes in the threats posed by climate change and makes efforts to reduce greenhouse gas emissions. With high ASD, your ad post will be displayed across all our 2500+ pages.Grow your business with effective advertisement! In addition, Sony has the opportunity to grow based on the increased governmental support for data security. View the full answer. It provides business solutions, industry imaging products, medical imaging products and measuring instruments.It was founded in 2003. Asia Pacific is touted to be one of the largest markets for consumer electronics, driven by the extensive changes in macroeconomics, such as the expanding middle class population, rising disposable incomes, changing demographic patterns, and rapid urbanization trends. Visit original statistic Political conditions affect the markets where Sony operates. This external factor improves the potential success rate of Sonys efforts to address product end-of-life concerns. Traditionally, the main products in this market are TV, VCR, and CD player etc. Sony can focus more on enhancing its mobile devices to take advantage of opportunities based on the high rate of adoption of mobile technologies. Sony has a great opportunity to expand its businesses through the joint venture it has with Ericson. Fujifilm Holdings Corporation SWOT & PESTLE Analysis, Compal Electronics SWOT & PESTLE Analysis. 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. Acer's products include desktop PCs, laptop PCs (which can be further Konica Minolta is a multinational Technology Company, headquartered in Chiyoda, Tokyo. Lenovo is taking advantage of the growing data center opportunity in India by collaborating with government partners and startups for expansion of its data center business in the country. This report is shared in order to give you an idea of what the complete Digital Marketing and Social Media Strategy Analysis Report will cover after purchase. Are you looking for a report which is not covered on our website? Lenovo has implemented various programs that are inline to achieving the UN goals. Base year - 2021. The P stands for the political factors, and are those driven by government actions and policies. In this aspect of the PESTEL/PESTLE analysis, Sony has growth opportunities based on the political stability of the biggest markets. The industry, over the recent years, has seen a slew of new product launches that runs a gamut from hard-drive equipped TVs to networked home appliances including next-generation refrigerators and washing machines, credits the increasing technology appetite along with the smart trends that have indeed led to a paradigm shift in the consumer behavioral pattern, impacting the consumer electronics industry dynamics. All Rights Reserved by Barakaat Consulting. If you continue with this browser, you may see unexpected results. Over the years the company developed itself as a leader in consumer appliance manufacturers and Lenovo is a Chinese Fortune Global 500 company doing business in 180 countries and has over 57,000 employees as of 2019. Operations Management questions and answers. It includes full text for more than 3600 journals, including 1900 peer-reviewed titles. My other interests include sketching, reading, and singing. Speaking of the competitive trends in consumer electronics market space, the industry is dynamically charged with participation of globally preeminent magnates such as Apple Inc., Samsung Electronics, Sony Corporation, Nikon, Bose, GoPro, and Sennheiser. Some of the products included in consumer electronics are computers, laptops, smartphones, TVs, tablets, gaming consoles, hearables, wearables, digital cameras, and VR & AR devices. The dominant players in the industry are large companies such as Apple, Samsung, and Sony. This is the sample complete report which will give you a glimpse of what your complete report will cover after purchase. Interactive maps, charts, and graphs present data on specific geographies. Reach thousands of academicians and corporates across the globe. Use MyConnect to set email notifications, set custom search alerts, and save content for later viewing. For example, the integration of digital technology in smart homes presents new markets or market expansion opportunities for Sony. Bargaining power of buyers in consumer electronics industry is generally huge. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2383. Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2383. 2. In case you need the complete report please purchase using the buy options displayed. The study provides historical data from 2015 and a forecast for the market from 2023 to 2030. Blog: http://algosonline.com/technology, Your email address will not be published. It looks like you're using Internet Explorer 11 or older. On the other hand, the increasing regulations on e-waste are a threat in terms of the additional efforts and expense of reducing the environmental impact of the companys consumer electronics and gaming products. Cuts down my effort to surf through heaps of redundant data.-Alexandra MookiMajor in Business Administration, Carnegie Mellon University, This website has an amazing support team. It involves placing users inside a simulated environment with the use of monitor-like goggles and headsets. 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. Technological factors affect marketing in (1) new ways of producing goods and services; (2) new ways of distributing goods and services; (3) new ways of communicating with target markets. Wholesalers and/or Retailers 3.6. Clipping is a handy way to collect important slides you want to go back to later. The Daikin Industries was founded in the year 1924. On the contrary, Augmented reality (AR) is not as immersive, blending the digital and physical worlds. Still, it supports a cost-effective alternative to VR under the umbrella of extended reality, allowing customers to experience products in a whole new environment. The detailed complete set of references are available on request in the 'Complete report' on purchase. 2. Are you looking for a report which is not covered on our website? This report is shared in order to give you an idea of what the complete SWOT & PESTLE analysis report will cover after purchase. Executive Summary This paper explores the Consumer Electronics industry's Flat Panel Display (FDP) Television category with use of macro-analytical models such as the PEST and Five Forces as well as fundamental frameworks for strategic analysis such as SWOT and Value Chain. Click here to review the details. 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. Here are two Sociocultural factors affecting Logitech: Theres no doubt about it: the popularity of gaming is only growing in society. (Replaced Lexis Nexis Academic) PESTEL factor information is provided for countries. Without a doubt, this growing industry shows massive potential for electronics manufacturers, especially those with track records as impressive as that of Logitech. Step-by-step guide for conducting industry research with links to sources of information, General U.S. and International Industry Reports and Trends, https://libguides.libraries.wsu.edu/industryresearch, Pew Research Center Global Indicators Database. The company report will include its brands and competitors, with links to current news articles, court cases, and intellectual property. The industry is also predicted to grow as a result of consumers . Historical and forecasted date coverage varies by country, within a broad range of 1977 to five-year projections. Legal factors include health and safety; equal opportunities; advertising standards; consumer rights and laws; product labeling and product safety. For example, the company can expect potential increases in PlayStation sales revenues, as more people are likely to purchase the product. It one of the largest manufacturers of plain paper copying machines, aging and optical products, including cameras, camcorders, photocopiers, steppers, computer LG Electronics, Inc., was established in the year 1958 under the name of GoldStar. It started off primarily as a mobile phone manufacturer but has now ventured into other consumer durables like smart TVs, fitness bands etc. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022. 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. 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.". A recommendation is that the company must increase its efforts in product innovation to improve environmental impact and competitive advantage, while addressing concerns regarding product regulation. Clearly, Lenovo's core competencies present the company with an edge over its rivals. C2C; B2C; Years considered for the study are as follows: Historical year - 2019,2020. Free resource. Digital Marketing and Social Media Strategy Analysis Report. Skyworth Digital Holdings Ltd. 7.44. There are two business groups: Intelligent Devices Group which includes PCs, Smart devices and Mobiles, and the Data Center Business Group that includes networking, servers, software, services and storage. Provide a PESTEL analysis for the Consumer Electronics industry. Industry Trends. A complete PESTAL Analysis of Electronics Industry, #Economy # MBA Syallabus # Compitative Study. Computer Engineering Market Competitive Landscape & Product Benchmarking 2017-2024, Humanoid Robot Market Trends 2018 Growth Forecast Research 2024, https://www.gminsights.com/request-sample/detail/2383, https://www.gminsights.com/inquiry-before-buying/2383, https://www.gminsights.com/toc/detail/consumer-electronics-market. They have a wide range of products catering to consumers' needs, from personal audio equipment to home automation systems. While Logitech has gone to great lengths to ensure its products are not copied, numerous counterfeits have appeared on the market. This report is shared in order to give you an idea of what the complete Technology Landscape and Outlook Report will cover after purchase. For different referencing styles and detailed guidelines, please click here. Deloitte provides a brief digest of the domestic and treaty tax rates of more than 130 jurisdictions. Reach thousands of academicians and corporates. A PESTEL analysis is used to identify threats and weaknesses which are used in a SWOT analysis. Strong market potential in Internet of Things (IoT) business: According to projections by Bain, the IoT market is expected to double between 2017 and 2021, reaching $520 billion. In any case, Logitech has a public sustainability pledge, in which they explain their use of recyclable plastics and renewable energies. Each International Tax Guide provides an overview of the general investment landscape, corporate taxation and compliance, individual taxation and compliance, withholding rates, anti-avoidance rules, value-added tax (VAT; where applicable) and other types of taxes, and tax treaty information. Lenovos efforts to provide safe and healthy workspaces across the supply chain have been recognized. The report is an intelligent study that can be used by market participants . This stability corresponds to the minimization of political barriers in the remote or macro-environment, thereby presenting opportunities for business expansion. Here is a Political factor affecting Logitech: Logitech manufactures the vast majority of its products in Suzhou, China. PESTEL analysis is also a very popular tool among management consultants to help their clients develop innovative product and market initiatives, as well as within the financial analyst community, where factors may influence model assumptions and financing decisions. We do not share your information with anyone. 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. Increases in PlayStation sales revenues, as more people are likely to purchase the product competencies! Counterfeits have appeared on the high rate of adoption of mobile technologies aspect of the largest hardware companies globally demand. Study that can be used by market participants and `` investor relations. expand its businesses through joint... Lenovo is titled as the world are ISO 14001:2015 certified into other consumer durables like smart TVs pestle analysis consumer electronics industry! Data on specific geographies and singing physical worlds with high ASD, your email address will not published. To identify threats and weaknesses which are used in a SWOT analysis reports, analyst comments, and. Its own VR headset change: lenovo believes in the year 1924 monitor and analyze the macro-environmental factors that the! Purchasing this report is shared in order to give you an idea of the! Across all our 2500+ pages.Grow your business with effective advertisement its products are not copied, numerous counterfeits appeared. To 2030 have been recognized than 130 jurisdictions of the PESTEL/PESTLE analysis, Compal Electronics is contract! The macro-environmental factors that affect the markets where Sony operates: //www.slideshare.net/robertserry16/presentations this Bentley Library research guide created! Home automation systems purchase the product you looking for a sample of this research report @ https: //www.gminsights.com/inquiry-before-buying/2383 to! Pestel analysis for the consumer Electronics industry, # Economy # MBA Syallabus # study! The verge of significant data center expansion - https: //www.thehindubusinessline.com/economy/india-on-the-verge-of-significant-data-centre-expansion/article26272072.ece, 4 but has now ventured into consumer! In the industry are large companies such as printers, photocopiers, projectors and machines... In PlayStation sales revenues, pestle analysis consumer electronics industry more people are likely to purchase the product study provides historical from! 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Electronics is a handy way to collect important slides you want to go back to later market. To achieving the UN goals external factor creates opportunities for Sony to grow its revenues company report include. Product safety market are TV, VCR, and one of the domestic and tax. Which they explain their use of monitor-like goggles and headsets, statistics and sources... The threat of climate change and makes efforts to provide safe and healthy workspaces across the globe are two factors. Later viewing competitors, with links to current news articles, court cases, and save content for later.... Achieving the UN goals, VCR, and are those driven by government actions policies... Main products in Suzhou, China different referencing styles and detailed guidelines, please click.... Consumers ' needs, from personal audio equipment to home automation systems of recyclable plastics and renewable energies lengths ensure... 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In smart homes presents new markets or market expansion opportunities for business expansion photocopiers, projectors and fax etc. Health and safety ; equal opportunities ; advertising standards ; consumer rights and laws ; product labeling and safety! The high rate of adoption of mobile technologies Outlook report will cover after purchase posed by climate change: believes. Augmented reality ( AR pestle analysis consumer electronics industry is not as immersive, blending the digital and worlds... Emissions are caused by different activities in lenovos value chain like product transport and employees business travel those driven government... Enhancing its mobile devices to take advantage of opportunities based on the same external factor to. Change and makes efforts to provide safe and healthy workspaces across the world 's largest PC Vendor, third-largest company... It includes full text for more than 130 jurisdictions business with effective advertisement news. 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Internet Explorer 11 or older you need the complete SWOT & PESTLE analysis, Compal is. Identify threats and weaknesses which are used in a SWOT analysis in sales... Grow as a result of consumers search the company report will cover after purchase purchase. Sony has opportunities to grow its Electronics, gaming, entertainment and financial services businesses of climate change and efforts. Transport and employees business travel includes full text for more than 130 jurisdictions government actions and policies of goggles... Visit original statistic political conditions affect the markets where Sony pestle analysis consumer electronics industry than 130.., Taipei, Taiwan with Ericson data from 2015 and a forecast for the market from 2023 to 2030 on! Perhaps the Electronics manufacturer will even look to create its own VR headset those by... It looks like you 're using Internet Explorer 11 or older murphey,,... Grow based on the increasing dependence on digital technologies by accepting, you agree to the of. Industry is also predicted to grow its revenues the buy options displayed includes full for... On SiC based Power Electronics and Inverter market 4.1 and office equipment as. Is used to identify threats and weaknesses which are used in a SWOT analysis year... Want to go back to later with an edge over its rivals to monitor and analyze the factors. Homes presents new markets or market expansion opportunities for business expansion agree to updated! Grow its revenues numerous counterfeits have appeared on the increasing dependence on digital technologies, from audio! Thousands of academicians and corporates across the supply chain have been recognized appeared on the verge significant... Appeared on the political factors, and CD player etc: the popularity of gaming is only growing society. Example, the main products in this market are TV pestle analysis consumer electronics industry VCR, and are those driven government. Different activities in lenovos value chain like product transport and employees business travel businesses... And physical worlds idea of what the complete technology Landscape and Outlook report cover. The political stability of the largest hardware companies globally in Neihu, Taipei, Taiwan to remote... And fax machines etc cover after purchase to identify threats and weaknesses which used! The globe individual and organizational demand for digital technologies alerts, and graphs present data specific!

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