Key Performance Indicators (KPI's) Report. 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. 2. http://electronicandmediasize.blogspot.in Thus, the SWOT tool helps to identify all internal and external factors that influence the business and its operations. You can read the details below. In. 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. 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. Lenovo ensures that products are disposed of in an energy efficient manner. In any case, Logitech has a public sustainability pledge, in which they explain their use of recyclable plastics and renewable energies. Vivo Communication Technology Co. Ltd. Browse Full TOC of This Report @ https://www.gminsights.com/toc/detail/consumer-electronics-market. Sony Corporation continues its global success by addressing the external factors and related issues in the remote or macro-environment of its business. These markets have the highest growth rates, which can boost the companys overall revenues. 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 report is shared in order to give you an idea of what the complete Subsidiaries, Partnerships and Collaborations Report will cover after purchase. PESTEL Analysis is used by marketers to monitor and analyze the macro-environmental factors that affect the organization or industry. Consumer spending on technology worldwide from 2020 to 2022 (in billion U.S. dollars), Further details: 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. The following political external factors are significant in Sonys case: Sony Corporation benefits from the political stability in majority of the biggest markets. 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. Sony must address the following technological external factors: Sony Corporation has growth opportunities based on the increasing dependence on digital technologies. This external factor improves the potential success rate of Sonys efforts to address product end-of-life concerns. Sales of LG Electronics by business segment from 1st quarter 2016 to fourth quarter 2021 (in billion U.S. dollars)*. It examines the Political, Economic, Social, Technological, Environmental, and Legal factors in the external environment. Learn how to, Our Mayo Clinic SWOT Analysis examines the Strengths, Weaknesses, Opportunities and Threats of one of, Technology is now taking over, and almost all fields are turning most tasks into digital., Schools and colleges should always take proactive steps to guarantee the safety of its students, Cyberattacks can harm your business on many levels. This aspect of the PESTEL/PESTLE analysis considers the influence of governmental activity on the remote or macro-environment of the company. In relation, governments are developing additional measures to support online business. However, the bargaining power of Apple customers in particular is less compared to the industry average. In this aspect of the PESTEL/PESTLE analysis, Sony has growth opportunities based on the political stability of the biggest markets. As shown in this PESTEL/PESTLE analysis, these concerns are crucial determinants in the companys remote or macro-environment. Canon is a Japanese electronic product manufacturer which was established around 1937. Apple enjoys a high level of customer loyalty. Logitech International S.A. has an excellent reputation and for good reason. This report contains the table contents only. You can use them to display text, links, images, HTML, or a combination of these. 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. Low-quality products may be cheap to produce, but cause a major strain on the environment, since they must be disposed of and replacements must be made. Additionally, gaming is becoming more socially acceptable, especially with the rise of eSports. Web:https://www.gminsights.com Copyright by Panmore Institute - All rights reserved. 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. Acer's products include desktop PCs, laptop PCs (which can be further Konica Minolta is a multinational Technology Company, headquartered in Chiyoda, Tokyo. Intellectual property rights issues in tech breakthroughs, Lenovo Group Porter's Five Forces Analysis, Lenovo Group Segmentation, Targeting and Positioning (STP) Analysis. It appears that you have an ad-blocker running. Country Reports, on the right side tool bar, links to extensive current reports providing information on the PESTEL factors in a country. 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. 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. Now customize the name of a clipboard to store your clips. These resources provide information on the ease of doing business and commercialopportunities, regulations, and business customs in acountry: Need some more backgroundinformation? Global Market Insights, Inc. Latest Report Contains (114) Pages. Proprietary reports and ratings assess country, banking and sovereign risk. Required fields are marked *. Are you looking for a report which is not covered on our website? Political Factors: Political factors can have a major impact on the consumer electronics market. Consumer electronics industry is a fashionable, innovative and high-technology industry. The market is projected to grow USD 1000.9 Billion in 2030 . Free resource. 3. https://www.tradove.com/blog/?author=19221 Here are two Sociocultural factors affecting Logitech: Theres no doubt about it: the popularity of gaming is only growing in society. Industry Trends. With an effective marketing strategy, there is no reason why Logitech cant flourish in lesser-established markets like Africa. Get in touch with us. The company has invested $1.2 billion in artificial intelligence R&D to expand its manufacturing facility in Chennai for data center offerings too. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Consumer electronics (CE) forms a multibillion-dollar industry, steadily progressing and developing with technology, and adding new product lines towards changing lifestyles. Lenovo has a wide range of smart home devices like Smart Bulb, Smart Plug and Smart Camera. Lenovo Group SWOT & PESTLE Analysis - SWOT & PESTLE.com. 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. It provides business solutions, industry imaging products, medical imaging products and measuring instruments.It was founded in 2003. Includes Quick Links to current news and other relevant resources. 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. Fujifilm Holdings Corporation SWOT & PESTLE Analysis, Compal Electronics SWOT & PESTLE Analysis. The target is to achieve 30 MW of renewable energy generation capacity across the world by 2020. With the pandemic (COVID-19) disruption in 2020, investors depend on tech giants to avoid recession with their enormous size and power. 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. Consumer spending on technology worldwide from 2020 to 2022 (in billion U.S. dollars). !-Keith GrencherBirmingham Business School. Changes in the macro-envir. Industry Research Biz (IRB) asserts that the global Consumer Electronics and Home Appliances Market is predicted to garner a stellar CAGR during the forecast . Visit original statistic Activate your 30 day free trialto continue reading. Activate your 30 day free trialto unlock unlimited reading. This PESTEL/PESTLE analysis of Sony Corporation reveals a number of significant opportunities and threats that shape the electronics, gaming, entertainment and financial services markets. 7.40. Telangana and Andhra Pradesh are two states that are likely to become major locations for mega data centers. Interactive maps, charts, and graphs present data on specific geographies. Another recommendation is to expand the business in developing markets to maximize Sonys revenues. 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. Do you want us to design a market survey or write a market research report as per your specific requirements? Email:sales@gminsights.com Looks like youve clipped this slide to already. Free resource. 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. If you continue with this browser, you may see unexpected results. 1. Impact of the Russia and Ukraine War on the SiC Based Power Electronics and Inverter Market Chapter 4. In relation, the increasing product regulation threatens the company by requiring additional expenditure for compliance. Through a comprehensive strategy covering all aspects of the business, setting objectives and targets, Lenovo aims to reduce greenhouse gas emissions across the supply chain. 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 Task: You have been hired by an International Consumer Packaged Goods company to research what they believe to be an attractive market in your home country for the launch of a new personal skin care product for women. Sony must consider the following legal external factors: The improving patent protection highlights governmental and intergovernmental efforts to protect patents. It is also a stock exchange favorite (NASDAQ: AAPL), due to its strong annual revenue growth and return on . PESTLE stands for: P - Political. 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. 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. 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. It delves into six key factors affecting a company's operations: Political, Economic, Social, Technological, Legal, and Environmental. Economic Impact of COVID-19 on SiC Based Power Electronics and Inverter Market 4.1. This report is shared in order to give you an idea of what the complete Key News and Events Report will cover after purchase. Traditionally, the main products in this market are TV, VCR, and CD player etc. You can use the following in your reference section in order to give credit to the source. Economic factors include current and projected economic growth; inflation and interest rates; job growth and unemployment; labor costs; impact of globalization; disposable income of consumers and businesses; likely changes in the economic environment. The Acer Inc. is a Taiwanese multinational hardware and electronics corporation specializing in advanced electronics technology and is headquartered in Xizhi, New Taipei City, Taiwan. This external factor creates opportunities for Sony to grow its revenues. The Swiss manufacturer of computer peripherals produces high-quality products at an affordable price point. Google search the company name and "investor relations." 7.26. Click here to review the details. Retail sales of smartphones in the United States, for example, are projected to total around 73 billion U.S. dollars in 2021. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. 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. 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. Factors: Sony Corporation continues its global success by addressing the external factors and related issues in the external.... To total around 73 billion U.S. dollars ) * lenovo has a public sustainability pledge, in which explain! Market Insights, Inc. Latest Report Contains ( 114 ) Pages fourth quarter 2021 ( in U.S.... 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