Manufacturers are also relying on collaborations and acquisitions to gain a larger industry share. It delves into six key factors affecting a company's operations: Political, Economic, Social, Technological, Legal, and Environmental. Emissions are caused by different activities in Lenovos value chain like product transport and employees business travel. New reports, analyses and comments are added daily, while industry reports are updated annually. Investors and managers can use the analysis in evaluating Sonys strategies. 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. The Indian appliance and consumer electronics (ACE) market is expected to increase at 9% CAGR to reach Rs. As a result, Logitechs strong reputation for manufacturing good quality products will be vital in its continued success. It looks like you're using Internet Explorer 11 or older. Phone:1-302-846-7766 This website works best with modern browsers such as the latest versions of Chrome, Firefox, Safari, and Edge. Lenovo Group SWOT and PESTLE analysis has been conducted by Nipunn V and reviewed by senior analysts from Barakaat Consulting. It appears that you have an ad-blocker running. The high cost of doing business in the electronics' industry is also another weakness that the company faces at the moment. E - Economic. All in all, in terms of remuneration, global consumer electronics market is estimated to surpass USD 1500 billion by 2024. Some of the products included in consumer electronics are computers, laptops, smartphones, TVs, tablets, gaming consoles, hearables, wearables, digital cameras, and VR & AR devices. This section is available only in the 'Complete Report' on purchase. This report is shared in order to give you an idea of what the complete BCG Analysis Report will cover after purchase. My other interests include sketching, reading, and singing. [online] Available at: https://www.swotandpestle.com/lenovo-group/ [Accessed 01 Mar, 2023]. All Rights Reserved by Barakaat Consulting. As every new generation of gamers is born, the gaming industry continues to expand. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2383. S - Social. Europa World provides profiles of over 250 countries and territories, including extensive sections on political history, foreign affairs, and economic affairs. Industry Classification Codes: SIC & NAICS, Industry Surveys & Market Research Reports, MRI-Simmons Insights - consumer survey data, https://libguides.bentley.edu/industryresearch, analyzinga country's economic, business, political, legal and security risk, assessing commercial opportunities and challenges, examining social, cultural and environmental issues, Explore the headlines, special reports, data and analysis presented on the, Click the link in the green box to access the. For example, the integration of digital technology in smart homes presents new markets or market expansion opportunities for Sony. Its products include many types of semiconductor devices like Dynamic RAM, Flash Memory, USB flash drives and solid state devices. ProQuest. Each category includes in-depth reports, analyst comments, statistics and external sources. This new niche is a massive opportunity for Logitech, which the company has not been afraid to reach for. This external factor creates opportunities for Sony to enhance its online operations. Need Strategic Analysis for this company? However, this does put Logitech at the mercy of various import tariffs which may be imposed on China by countries importing these products. Another new niche in the electronics industry is that of racing simulators. 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. With the pandemic (COVID-19) disruption in 2020, investors depend on tech giants to avoid recession with their enormous size and power. Forecast period - 2022 to 2028. For example, Sony must increase its R&D investment to satisfy additional regulations on product safety. Thus, the SWOT tool helps to identify all internal and external factors that influence the business and its operations. Developing a multi-criteria decision making model for PESTEL analysis. With high ASD, your ad post will be displayed across all our 2500+ pages.Grow your business with effective advertisement! Enter the name of a country in the All Countries search box. This external factor is a threat because it creates more challenges against the company. Free resource. Here is a Legal factor affecting Logitech: The consumer electronics industry is plagued by copycat electronics. Includes Quick Links to current news and other relevant resources. 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 products, which sometimes go under fake brand names, clearly infringe on the rights of the originals. COVID-19 Impact Analysis. The study provides historical data from 2015 and a forecast for the market from 2023 to 2030. 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. This report is shared in order to give you an idea of what the complete Competitor Analysis Report will cover after purchase. China is another major region standing as a major contributor toward global consumer electronics industry share. Among these, there have been both beneficial and harmful factors. 3. A complete PESTAL Analysis of Electronics Industry, #Economy # MBA Syallabus # Compitative Study. On the contrary, Augmented reality (AR) is not as immersive, blending the digital and physical worlds. I found the analysis reports of SWOT & PESTLE.com very comprehensive and insightful. 3. In relation, Sony can innovate to make its products more environmentally friendly. This will often provide links to Annual Reports; financial reports such as 10-K, 10-Q, and 8-K; and corporate social responsibility reports. PESTLE Analysis 3.5. Lenovo is titled as the world's largest PC Vendor, third-largest smartphone company, and one of the largest hardware companies globally. In addition, Sony has the opportunity to grow based on the increased governmental support for data security. 2. http://electronicandmediasize.blogspot.in With an effective marketing strategy, there is no reason why Logitech cant flourish in lesser-established markets like Africa. Without a doubt, this growing industry shows massive potential for electronics manufacturers, especially those with track records as impressive as that of Logitech. OECD (Organisation for Economic Co-operation and Development) publishes economic surveys, comparative statistics, regular outlooks and annual overviews for its 34 member countries and some major additional countries. A PESTEL analysis is used to identify threats and weaknesses which are used in a SWOT analysis. I am also present on - 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. 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. In relation, the increasing product regulation threatens the company by requiring additional expenditure for compliance. Logitech International S.A. has an excellent reputation and for good reason. The Daikin Industries was founded in the year 1924. You can use the following in your reference section in order to give credit to the source. Lenovo to grow data center business - https://economictimes.indiatimes.com/tech/hardware/lenovo-to-grow-data-centre-business/articleshow/65570153.cms?from=mdr. Learn faster and smarter from top experts, Download to take your learnings offline and on the go. All the components of the Smart Home can be controlled from the customers phone through the Lenovo Link app. Technology and regulatory information can be found in the Operating Conditions section. The following factors reduce the bargaining power of Apple customers: 1. The effect of COVID-19 on this industry is examined in this paper. In Sonys case, the following ecological external factors are significant: Sony Corporation has growth opportunities based on the increasing emphasis on business sustainability. 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. View the full answer. The companys vision is to create personal devices which people are inspired to own, a culture which people have aspirations of joining, and a trusted business that is respected worldwide. Chinas urbanization drive and rising focus on living a high-quality life have been the prominent factors fueling regional consumer electronics market trends. For example, the US-China trade war has caused major disruption in the consumer electronics industry. Search for a country or region. Here are two Technological factors affecting Logitech: Virtual Reality (VR) is a new area in the world of technology. Apple is one of the most recognizable and present brands in the consumer electronics industry. With people spending a lot more time at home, increased demand for greater comfort and security through smart devices and appliances drove growth in the sector. It allows a company to form an impression of the factors that might impact a new business or industry. Sony has a great opportunity to expand its businesses through the joint venture it has with Ericson. The following political external factors are significant in Sonys case: Sony Corporation benefits from the political stability in majority of the biggest markets. E - Environmental. Furthermore, the subsidiary which opens today will take full responsibility for the Brazilian market handling sales and customer support locally. This region is predicted to have the highest growth rate during 2018-2024 due to rising population, strong economy, rapid urbanization and rapidly improving standards of living. (Replaced Lexis Nexis Academic) PESTEL factor information is provided for countries. 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. Proprietary reports and ratings assess country, banking and sovereign risk. In addition, the economic stability of developed markets presents opportunities for Sony to enhance its operations, while experiencing minimal market-based risks. This is the sample complete report which will give you a glimpse of what your complete report will cover after purchase. 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. Key Performance Indicators (KPI's) Report. Here is an Environmental factor affecting Logitech: For any manufacturer in any industry, sustainability is a major issue. Environmental, Social, and Governance (ESG) Analysis Report. The political factors include and are not limited to considerations like; corporate taxation, and free trade disputes as some examples. This external factor presents opportunities for Sony to grow its business while expecting minimal challenges in protecting its proprietary information and designs. Immersive technology consumer market revenue worldwide from 2018 to 2023, by segment (in billion U.S. dollars). Select News instead of Publication to search for articles on companies, industries, and individual PESTEL factors. 1. 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 positive outlook rests on the two growth engines of purchasing power gains and demographics that will allow vendors to target first-time buyers and the development of a middle-class. . Begin typing PRS Group Political in the Publication box and then select PRS Group Political Risk Service that appears below the box and click Search. This article may not be reproduced, distributed, or mirrored without written permission from Panmore Institute and its author/s. of Electronics industry. 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. Based on this aspect of the PESTEL/PESTLE analysis of Sony, there are notable opportunities for business improvement based on external factors in the remote or macro-environment. See our Privacy Policy page to find out more about cookies or to switch them off. The Summary report contains the SWOT & PESTLE table contents only. If you continue with this browser, you may see unexpected results. Changes in the macro-envir. Please note that you agree to receive email updates from us on our new reports and solutions. Page Industries Limited SWOT & PESTLE Analysis, Tata Consumer Products Limited (TCPL) SWOT & PESTLE Analysis, Tata Chemicals Limited SWOT & PESTLE Analysis, 1. Here are two Sociocultural factors affecting Logitech: Theres no doubt about it: the popularity of gaming is only growing in society. They may also include shifters, handbrakes, and other such automotive peripherals. 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. Visit original statistic Pew Research Center conducts public opinion surveys around the world on a broad array of subjects ranging from people's assessments of their own lives to their views about the current state of the world and important issues of the day. A complete PESTAL Analysis of Electronics Industry, #Economy # MBA Syallabus # Compitative Study DheerajRajpurohit2 Follow Advertisement Advertisement Recommended Analysis of Electronics Sector in India Pushpak Elleedu 11.2k views 20 slides Brand analysis of LG Susmit Ganguly 1.9k views 16 slides B Plan On Consumer Electronics Ashish Bansal 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. Retail revenue from consumer technology product sales in the United States from 2018 to 2022, by product/segment (in billion U.S. dollars)*, Further details: (2012). They helped me with my custom research and delivered before time! Lenovo thus expects revenues of $5-6 billion from the Indian market by 2021. However, no research has examined existing IoT . Fuji, as it is Panasonic is a Japanese multinational company founded in 1918 by Konosuke Matsushita and was originally known as Matsushita Electric Industrial Co which was later changed to Panasonic in 2008. Raw Material Suppliers 3.5.2. Especially during the pandemic (COVID-19), that disrupted growth in several sectors, the consumer electronics market was resilient, even with the intermittent closure of physical stores worldwide. This report is shared in order to give you an idea of what the complete Company Overview Report will cover after purchase. For instance, the company can use its R&D investment to develop competitive advantage to support the differentiation generic strategy (Read: Sonys Generic Strategy & Intensive Growth Strategies). According to a research conducted by Arizton, the data center market in India is expected to grow at a CAGR of 9% during 2018-2024 to reach $4 billion by 2024. In 2020 businesses operating in the consumer electronic sector are highly governed by tech trends like Augmented Reality, Virtual Reality, edge computing Internet Of Things, Machine Learning, Blockchain and Artificial Intelligence. 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. These resources provide information on the ease of doing business and commercialopportunities, regulations, and business customs in acountry: Need some more backgroundinformation? Value Chain Analysis 3.5.1. Abstract The consumption of parboiled rice in Brazil is low when compared to milled rice, despite alleged nutritional, convenience and technological benefits. 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. Public Company Websites. A data bearing testimony to the aforesaid fact Chinas household electric appliances sales reached 1,284 billion yuan in 2013, up from about 715 billion yuan in 2009. Subsidiaries, Partnerships and Collaborations Report. Do you want us to design a market survey or write a market research report as per your specific requirements? Please refer to the Terms and Conditions and Disclaimer for usage guidelines. Segmentation, Targeting and Positioning (STP) Analysis Report. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Free resource. Annual report 2018/19 - https://doc.irasia.com/listco/hk/lenovo/annual/2019/ar2019.pdf, 2. This report is shared in order to give you an idea of what the complete Covid-19 Impact Analysis Report will cover after purchase. Analysis for the Consumer Electronics industry L - Legal. Started in 1935, Arrow Electronics is among the fortune 150 companies (Rank 119) and is a worldwide provider of products, specialized services and solutions to industrial and commercial users of electronic components and enterprise computing Fujifilm Holdings Corporation, headquartered in Minato, Tokyo, Japan is a Japanese multinational photography and imaging company established in 1934 with an intention to be first Japanese producer of imaging and photographer films. PESTEL & Environment If you continue with this browser, you may see unexpected results. 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. This aspect of the PESTEL/PESTLE analysis model focuses on governmental activity and its effects on businesses and their remote or macro-environment. For example, the company can market the PlayStation more aggressively, based on the expectation that customers are increasingly capable of buying the product. Clearly, Lenovo's core competencies present the company with an edge over its rivals. Directory information on international and country-specific organizations, including government agencies, is also included. This report is shared in order to give you an idea of what the complete Ansoff Matrix Analysis Report will cover after purchase. From PwC: "this useful online tool will help you make informed decisions with the most up-to-date and relevant details about tax systems in more than 150 territories worldwide." Looks like youve clipped this slide to already. There are huge growth opportunities in the Asia Pacific market, especially in China, Japan and Australia. Historical and forecasted date coverage varies by country, within a broad range of 1977 to five-year projections. This aspect of the PESTEL/PESTLE analysis shows that sociocultural conditions lead to significant growth opportunities in Sonys remote or macro-environment. PESTLE (sometimes PEST) is a framework for analyzing the external macroenvironmentof a business or industry,usually specific to a particular country. 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. Political factors include government policies, leadership, and change; foreign trade policies; internal political issues and trends; tax policy; regulation and de-regulation trends. Provides relevant industry reports; find the industry your company operates in. In. We use cookies for website functionality and to combat advertising fraud. PESTEL stands for - Political, Economic, Social, Technological, Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. Nonetheless, Sony has opportunities to strengthen its brand image by proactively improving its products to minimize environmental impact. Vivo Communication Technology Co. Ltd. Browse Full TOC of This Report @ https://www.gminsights.com/toc/detail/consumer-electronics-market. Lenovo works with partners in environmentally friendly product shipping and encourages employees to use technology for reducing travel. In addition, Sony can boost its sales revenues based on increasing openness toward leisure. This aspect of the PESTEL/PESTLE analysis covers the effects of ecological trends and conditions on firms remote or macro-environment. Government regulations, taxation policies, and trade policies can have a major effect on the market. Panasonic has its headquarters in Osaka, Japan. 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. For example, the company can expect potential increases in PlayStation sales revenues, as more people are likely to purchase the product. Another recommendation is to expand the business in developing markets to maximize Sonys revenues. Amazon.com Inc. operates alongside political influence. Lenovos sites across the world are ISO 14001:2015 certified. Holistic Analysis Search tip:Hover over the [Geography] link and type in the name of a country. 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 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. 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. It has been further anticipated that the TV households will have an average of 1.21 TV sets per home, significantly leading to more than 1.3 billion sets across the Asia Pacific belt by 2020. 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. Hisense Kelon Electrical Holdings Co., Ltd. 7.22. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Hello, It includes full text for more than 3600 journals, including 1900 peer-reviewed titles. This report is shared in order to give you an idea of what the complete Value Chain Analysis Report will cover after purchase. Copyright 2023. Operations Management questions and answers. These steps can help you get back, Copyright 2020 Weberience LLC. The PESTEL/PESTLE analysis identifies such external factors in the political, economic, sociocultural, technological, ecological and legal aspects. Intellectual property rights issues in tech breakthroughs, Lenovo Group Porter's Five Forces Analysis, Lenovo Group Segmentation, Targeting and Positioning (STP) Analysis. 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. I have used them in a lot of my personal research work.-Mudassir KhanAccounting and Business, Melbourne Polytechnic, Here the research is to-the-point, no beating round the bush. The company report will include its brands and competitors, with links to current news articles, court cases, and intellectual property.
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