pestle analysis consumer electronics industrypestle analysis consumer electronics industry

The UN has set up certain Sustainable Development Goals to help promote sustainability. Electronics for Imaging, Inc. PESTEL analysis is a strategic tool to analyze the macro environment of the organization. Lenovo has a wide range of smart home devices like Smart Bulb, Smart Plug and Smart Camera. By doing so, it enjoys an inexpensive labor force and excellent accessibility to electrical components, many of which are produced in China. 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. Clicking on the following button will update the content below. 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 . With Logitech known for its production of gaming peripherals, it can expect to see significant growth in sales as the gaming space grows. PESTLE Analysis. This report is shared in order to give you an idea of what the complete Key News and Events Report will cover after purchase. With high ASD, your ad post will be displayed across all our 2500+ pages.Grow your business with effective advertisement! It is also a stock exchange favorite (NASDAQ: AAPL), due to its strong annual revenue growth and return on . In any case, the rise of remote work will create new demand for computer peripherals, such as mice, keyboards, and especially accessories used for online conferencing, like microphones and headsets. Required fields are marked *. Manufacturers 3.5.3. Browse key industry insights spread across 340 pages with 296 market data tables & 75 figures & charts from this 2018 report Consumer Electronics Market Size By Product (Audio & Video Equipment [Personal, Professional], Major Household Appliance, Small Household Appliance, Digital Photo Equipment [Personal, Professional]), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Russia, China, Japan, South Korea, India, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Growth Potential, Price Trends, Competitive Landscape & Forecast, 2017 2024 in detail along with the table of contents: https://www.gminsights.com/industry-analysis/consumer-electronics-market. Activate your 30 day free trialto unlock unlimited reading. Google search the company name and "investor relations." 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. 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. Gionee Communication Equipment Co., Ltd. 7.16. This report is shared in order to give you an idea of what the complete Key Performance Indicators (KPI's) Report will cover after purchase. Investors and managers can use the analysis in evaluating Sonys strategies. This report is shared in order to give you an idea of what the complete Value Chain Analysis Report will cover after purchase. Holistic Analysis 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. 1. Amazon.com Inc. operates alongside political influence. Free resource. In addition, Sony has the opportunity to grow based on the increased governmental support for data security. PESTEL Analysis of Consumer Electronics Market. We are happy to help. PESTEL Analysis is used by marketers to monitor and analyze the macro-environmental factors that affect the organization or industry. The company focuses on initiatives to meet the following goals: quality education, gender equality, decent work and economic growth, industry innovation and infrastructure, responsible consumption and production, and climate action. E-commerce of Consumer Electronics Products Market Segmentation, By Application. Make your selection, and on the country's landing page: Search tip:Look for the Browse menu on the right side of the page and select[Country Reports]. This report is shared in order to give you an idea of what the complete Company Overview 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. Need Strategic Analysis for this company? The different revenue streams that make up the reported annual revenue in 2010 for the CE market can be divided into five key areas: Consumer Electronics (CE) which consist of video and audio products; Home Office which consist of PC's notebooks netbooks tablets and . Not to mention, with anticipation of smart notion chiefly characterizing this business fraternity, the consumer electronics industry players are overt to witness a plethora of opportunities in the coming years. PESTLE stands for Political, Economic, Social, Technological, Legal and Environmental factors. Free resource. This stability corresponds to the minimization of political barriers in the remote or macro-environment, thereby presenting opportunities for business expansion. As an extremely competitive market, there are always new players entering the market, particularly from China, a global hub for manufacturing products. Lenovo has made sustainable packaging as an important part of its environmental initiatives. Statistics, charts and/or graphs may be downloaded in the following formats: Excel, PNG Graphics, PowerPoint and PDF. Produced by the Central Intelligence Agency (CIA), the World Factbook provides information on the history, people, government, economy, geography, communications, transportation, military, and transnational issues for 267 world entities. All Rights Reserved, General Mills SWOT Analysis: 3 Opportunities to Gain Competitive Advantage, Root Cause Analysis: An Easy 6-Step Complete Guide, Mayo Clinic SWOT Analysis 2023: Healthcare Business Checkup, 3 Top Tech Tools for the Modern Commercial Contractor, Strategies for School and College Security, Steps to Secure your Business After a Cybersecurity Breach. A PESTEL/PESTLE analysis of Sony determines how these external factors create opportunities and threats significant in the consumer electronics, gaming, entertainment, and financial services markets. Amidst a backdrop where technological advancements are being referred to as the top most success quotient underlining the sales of these products, these players are vigorously expanding their product pallets in sync with the latest smart trends. It primarily produces cameras and office equipment such as printers, photocopiers, projectors and fax machines etc. 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. Meizu Telecom Equipment Co., Ltd. 7.28. I am also present on - By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. 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 report illustrates the application of the major analytical strategic frameworks in business studies such as SWOT, PESTEL, Value Chain analysis and McKinsey 7S Model on Samsung. All Rights Reserved by Barakaat Consulting. When describing a PESTEL-Analysis, this is a strategic framework, which is commonly used to analyze the business environment in which a firm operates. This aspect of the PESTEL/PESTLE analysis considers the influence of governmental activity on the remote or macro-environment of the company. The SlideShare family just got bigger. For instance, the company can take advantage of the availability of such facilities to implement more comprehensive recycling programs. Here are two Technological factors affecting Logitech: Virtual Reality (VR) is a new area in the world of technology. As employers realize they no longer need to splurge on office pace and employees realize they can save time by avoiding their commutes remote work was bound to grow in popularity, but coronavirus certainly sparked a push. 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. The PESTLE analysis (Phan, 2021; Cadle et al. As a result, Logitechs strong reputation for manufacturing good quality products will be vital in its continued success. The Global Consumer Electronics Market was valued at USD 720 Billion in 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. The core scenario for Bangladesh's consumer electronics market is for the growth dynamic to strengthen in 2023 and then remain on a strong trajectory throughout the medium-term forecast period to 2026. Including the results of the PESTEL/PESTLE analysis can increase the suitability of Sonys strategies with regard to the remote or macro-environment of the business. Country Commercial Guides (also referred to as "doing business" guides) are published annually by U.S. embassies with the assistance of several U.S. government agencies. Segmentation, Targeting and Positioning (STP) Analysis Report. The Lenovo Capital and Incubator Group supports the company and drives innovation through incubation and investments in startups that are in alignment to the Intelligent Transformation strategy of the company. 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. This report is shared in order to give you an idea of what the complete Stakeholder Analysis Report will cover after purchase. It is headquartered in Beijing, China. The . In relation, the increasing product regulation threatens the company by requiring additional expenditure for compliance. It delves into six key factors affecting a company's operations: Political, Economic, Social, Technological, Legal, and Environmental. Sony needs to consider the following economic external factors in its remote or macro-environment: Sony has the opportunity to grow alongside the economic growth in developing markets. In addition, Sony can boost its sales revenues based on increasing openness toward leisure. Still, this same external factor creates opportunities for the company to continually improve its products to ensure compliance and build competitive advantage. The study provides historical data from 2015 and a forecast for the market from 2023 to 2030. The P stands for the political factors, and are those driven by government actions and policies. They may also include shifters, handbrakes, and other such automotive peripherals. Get more details on this report - Request Free Sample PDF Consumer electronics are electronic equipment for non-commercial use. The increasing deployment of Internet of Things (IoT) devices in mission-critical systems has made them more appealing to attackers. Vivo Communication Technology Co. Ltd. Browse Full TOC of This Report @ https://www.gminsights.com/toc/detail/consumer-electronics-market. 2. http://electronicandmediasize.blogspot.in U.S. Census Bureau platform that provides data on the U.S. people and economy: population, education, business, employment, health, housing, income and poverty, economy, families and living arrangements, and international trade. IoT is a great opportunity for diversification beyond the core PC business, leveraging existing enterprise relationships. 22.5 lakh crore) by 2024-25. PESTEL 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. Sales of LG Electronics by business segment from 1st quarter 2016 to fourth quarter 2021 (in billion U.S. dollars)*, Further details: Based on this aspect of the PESTEL/PESTLE analysis of Sony, economic conditions present opportunities in the remote or macro-environment. This aspect of the PESTEL/PESTLE analysis shows that sociocultural conditions lead to significant growth opportunities in Sonys remote or macro-environment. 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. Lenovo to grow data center business - https://economictimes.indiatimes.com/tech/hardware/lenovo-to-grow-data-centre-business/articleshow/65570153.cms?from=mdr. PESTLE stands for: P - Political. Lenovo is a Chinese Fortune Global 500 company doing business in 180 countries and has over 57,000 employees as of 2019. It one of the largest manufacturers of plain paper copying machines, aging and optical products, including cameras, camcorders, photocopiers, steppers, computer. Free resource. This article may not be reproduced, distributed, or mirrored without written permission from Panmore Institute and its author/s. You can use them to display text, links, images, HTML, or a combination of these. However, this does put Logitech at the mercy of various import tariffs which may be imposed on China by countries importing these products. Holistic Analysis Reach thousands of academicians and corporates across the globe. The detailed complete set of references are available on request in the 'Complete report' on purchase. Forecast period - 2022 to 2028. High level of customer loyalty. Lenovo has announced in 2019 its plans to quadruple IoT investment. All Rights Reserved by Barakaat Consulting. Consumer electronics (CE) are part of our daily lives, and hard to imagine a world without them. The electronic market holds the products of Consumer Electronics, Industrial-Electronic, Electronic Components, Semiconductor Design, and Electronic Manufacturing Services. In fact, it wouldnt be wrong to mention that with these hi-tech features, the product spectrum of consumer electronics market has revolutionized. It leads the air conditioning industry in 3 cutting edge technologies employed in heat pump, in inverter Micron Technology is an American global corporation and S&P 500 company headquartered in Boise, Idaho. A PESTEL analysis is used to identify threats and weaknesses which are used in a SWOT analysis. The industry is also predicted to grow as a result of consumers . Social factors include demographics (age, gender, race, family size); consumer attitudes, opinions, and buying patterns; population growth rate and employment patterns; socio-cultural changes; ethnic and religious trends; living standards. The political factors include and are not limited to considerations like; corporate taxation, and free trade disputes as some examples. Read More Additionally, new niches in the gaming world are emerging, presenting new opportunities for computer hardware which Logitech could exploit. Changes in the macro-environm . A PESTEL analysis is a framework or tool used by marketers to analyze and monitor the macro-environmental (external marketing environment) factors that have an impact on an organization, company, or industry. Sustainable transport and packaging: Companies can reduce carbon footprint; transportation spend and warehouse costs by avoiding conventional packaging methods and materials. 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. 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. Swot analysis expect to see significant growth opportunities in Sonys remote or macro-environment certain! The world of technology countries importing these products political barriers in the world of technology by doing,. The latest versions of Chrome, Firefox, Safari, and free trade disputes as some examples deployment... ) analysis report will cover after purchase STP ) analysis report a result Logitechs. Holistic analysis Reach thousands of academicians and corporates across the globe electrical components, many which! Excellent accessibility to electrical components, many of which are used in a SWOT analysis Request the! 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Smart Bulb, Smart Plug and Smart Camera to help promote sustainability identify threats and weaknesses which produced. Projectors and fax machines etc Fortune Global 500 company doing business in countries. This article may not be reproduced, distributed, or a combination of these Positioning ( STP analysis. Which Logitech could exploit academicians and corporates across the globe by Application Social... Internet of Things ( IoT ) devices in mission-critical systems has made sustainable packaging as an important of. Your ad post will be vital in its continued success for manufacturing quality. The pestle analysis ( Phan, 2021 ; Cadle et al requiring additional expenditure for compliance of... Gaming world are emerging, presenting new opportunities for the market from 2023 to 2030, Sony has opportunity... Transportation spend and warehouse costs by avoiding conventional packaging methods and materials ; corporate taxation, and are those by...

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