This report is shared in order to give you an idea of what the complete Regulatory Outlook Report will cover after purchase. Lenovos sites across the world are ISO 14001:2015 certified. 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. 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. 2. I am also present on - This article may not be reproduced, distributed, or mirrored without written permission from Panmore Institute and its author/s. In this aspect of the PESTEL/PESTLE analysis, Sony has growth opportunities based on the political stability of the biggest markets. View the full answer. A PESTLE analysis is a tool used to gain a macro picture of an industry environment. Search tip:Hover over the [Geography] link and type in the name of a country. Sales of LG Electronics by business segment from 1st quarter 2016 to fourth quarter 2021 (in billion U.S. dollars)*. 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. PESTEL Analysis is a strategic management tool that Samsung Electronics DRC strategy makers can use to make better decisions. These reports present a comprehensive look at countries' commercial environments, using economic, political and market analysis. Visit original statistic 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 . In this aspect of the PESTEL/PESTLE analysis, there are major opportunities for growth and competitiveness in Sonys remote or macro-environment. 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. Terms in this set (25) PESTEL analysis. This section is available only in the 'Complete Report' on purchase. 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. Keep it up! However, we may send you emails on our new reports and solutions. Combating the threat of climate change: Lenovo believes in the threats posed by climate change and makes efforts to reduce greenhouse gas emissions. Lenovo has made sustainable packaging as an important part of its environmental initiatives. 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. 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. 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. Sony depends on technologies used in its business, and technologies that facilitate the use or consumption of its products. UCF Research Guides. Here are two Technological factors affecting Logitech: Virtual Reality (VR) is a new area in the world of technology. Sony must address the following technological external factors: Sony Corporation has growth opportunities based on the increasing dependence on digital technologies. These products, which sometimes go under fake brand names, clearly infringe on the rights of the originals. Nonetheless, Sony has opportunities to strengthen its brand image by proactively improving its products to minimize environmental impact. 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. The company can sell these products to existing clients of the PC and data center businesses. !-Keith GrencherBirmingham Business School. Apple product launch event - September 2022. 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. E - Economic. 3.4. 1. As a result, IoT security has recently gained traction in both industry and academia. Governments are now increasing their efforts for data security, which supports the growth of businesses with online operations. PESTEL stands for - Political, Social, Economic, Technological, Environmental and Legal factors that impact the macro environment of the company that it operates in. 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. Consumer Electronics Canon SWOT & PESTLE Analysis Last Updated : Feb, 2023 Canon is a Japanese electronic product manufacturer which was established around 1937. 3. A PESTLE analysis is used to conduct a broad assessment of the key features of the external environment facing a business. This report is shared in order to give you an idea of what the complete Key News and Events Report will cover after purchase. Acer's products include desktop PCs, laptop PCs (which can be further Konica Minolta is a multinational Technology Company, headquartered in Chiyoda, Tokyo. Proprietary reports and ratings assess country, banking and sovereign risk. 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. Top Quality. Users can build, save, export, and share status and time series reports and charts from a variety of datasets. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. 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 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 Covid-19 Impact Analysis Report will cover after purchase. Share, and COVID-19 Impact Analysis, By Product (Consumer Electronics Devices, Smart Home Devices, and Wearable Electronics Devices), By . Industry Trends. As per reliable statistics, by 2020, Asia Pacific is expected to witness 903 million TV households, an upsurge of 100 million than that recorded in 2014. 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? Furthermore, the subsidiary which opens today will take full responsibility for the Brazilian market handling sales and customer support locally. Vivo Communication Technology Co. Ltd. Browse Full TOC of This Report @ https://www.gminsights.com/toc/detail/consumer-electronics-market. IHS Connect provides continuously updated analysis of global business conditions and economic information. Copyright of Lenovo Group SWOT and PESTLE Analysis is the property of Barakaat Consulting. Activate your 30 day free trialto unlock unlimited reading. Economic Impact of COVID-19 on SiC Based Power Electronics and Inverter Market 4.1. 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. We use cookies for website functionality and to combat advertising fraud. Use MyConnect to set email notifications, set custom search alerts, and save content for later viewing. The products general formulation contains moisturizing, and SPF properties, it could also be adapted to contain skin lightening or darkening properties. 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.". PESTEL Analysis is used by marketers to monitor and analyze the macro-environmental factors that affect the organization or industry. 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. For example, the company can expect potential increases in PlayStation sales revenues, as more people are likely to purchase the product. Automation and digitization trends have been a game changer for practically every business sector, consumer electronics industry bagging the top position in the transformation queue. Industry Analysis. Digital Marketing and Social Media Strategy Analysis Report. (Replaced Lexis Nexis Academic) PESTEL factor information is provided for countries. 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. Reach thousands of academicians and corporates across the globe. The Swiss manufacturer of computer peripherals produces high-quality products at an affordable price point. Such enhancement should embody kando, which is emphasized in Sony mission and vision statements. If you continue with this browser, you may see unexpected results. Technology and regulatory information can be found in the Operating Conditions section. 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. This report is shared in order to give you an idea of what the complete Company Overview Report will cover after purchase. Free access to premium services like Tuneln, Mubi and more. The substantial surge in household incomes has had a direct relationship with the spending on electronics items, in turn stimulating the sales of consumer electronics products including the likes of tablets, smartphones, home appliances, and other wearable electronics. 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. Environmental, Social, and Governance (ESG) Analysis Report. Click here to review the details. Experts are tested by Chegg as specialists in their subject area. Need Strategic Analysis for this company? For different referencing styles and detailed guidelines, please click here. ProQuest. 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. * By clicking on "Buy Now" you agree to accept our ", On purchase the Lenovo Group SWOT & PESTLE Analysis PDF report will reach you. (2014, November). Political Factors: Political factors can have a major impact on the consumer electronics market. The term consumer electronics (sometimes abbreviated to CE) refers to the entire range of products containing electronic circuit boards intended for personal or non-commercial use. For example, the company can enhance its brand image by increasing its sustainability efforts. Visit original statistic Global Issues in Context integrates news, global viewpoints, reference materials, country information, primary source documents, videos, statistics and more to explain the historical and contemporary conditions necessary to understand global issues, conflicts and events. Chinas urbanization drive and rising focus on living a high-quality life have been the prominent factors fueling regional consumer electronics market trends. Provides relevant industry reports; find the industry your company operates in. Clearly, Lenovo's core competencies present the company with an edge over its rivals. This report is shared in order to give you an idea of what the complete Value Chain Analysis Report will cover after purchase. The following political external factors are significant in Sonys case: Sony Corporation benefits from the political stability in majority of the biggest markets. Legal factors include health and safety; equal opportunities; advertising standards; consumer rights and laws; product labeling and product safety. 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. Also, they may reduce sales for Logitech itself as they grow in popularity, especially in more price-conscious markets. 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. Free resource. The P stands for the political factors, and are those driven by government actions and policies. 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. Statistics, charts and/or graphs may be downloaded in the following formats: Excel, PNG Graphics, PowerPoint and PDF. Logitech International S.A., informally known as Logitech, is a major producer of computer peripherals, including mice, keyboards, headsets, webcams, and more. The company is into multiple and diverse businesses such as consumer electronics, gaming and financial services. 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. Changes in the macro-environm . 7.40. 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. What with the outbreak of coronavirus in early 2020, remote work is only becoming more prominent. However, this does put Logitech at the mercy of various import tariffs which may be imposed on China by countries importing these products. This external factor creates opportunities for Sony to grow its revenues. Murphey, M., & Gause, R. (1974). 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. Among these, there have been both beneficial and harmful factors. Toll Free:1-888-689-0688 One of the biggest markets for consumer electronics is in the United States, with annual consumer. Investors and managers can use the analysis in evaluating Sonys strategies. They helped me with my custom research and delivered before time! Lenovos efforts to provide safe and healthy workspaces across the supply chain have been recognized. You can read the details below. Web:https://www.gminsights.com PESTLE Lenovo is titled as the world's largest PC Vendor, third-largest smartphone company, and one of the largest hardware companies globally. PESTLE Analysis 3.5. It looks like you're using Internet Explorer 11 or older. For CCPA and GDPR compliance, we do not use personally identifiable information to serve ads in California, the EU, and the EEA. The report is an intelligent study that can be used by market participants . Political factors include government policies, leadership, and change; foreign trade policies; internal political issues and trends; tax policy; regulation and de-regulation trends. 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. The company Ricoh is a Japanese multinational Electronics giant, founded in 1936 with its headquarters in Tokyo, Japan. Logitech International S.A. has an excellent reputation and for good reason. The PESTLE analysis (Phan, 2021; Cadle et al. Do you want us to design a market survey or write a market research report as per your specific requirements? Consumers worldwide are forecast to spend 505 billion U.S. dollars in 2022 on electronics. This aspect of the PESTEL/PESTLE analysis determines the effects of social or sociocultural conditions on the remote or macro-environment of businesses. 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. Holistic Analysis 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. Among the giants, Apple was named one of the most valuable brands in the world. Emissions are caused by different activities in Lenovos value chain like product transport and employees business travel. It examines the Political, Economic, Social, Technological, Environmental, and Legal factors in the external environment. Its products include many types of semiconductor devices like Dynamic RAM, Flash Memory, USB flash drives and solid state devices. 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 invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. Apple is one of the most recognizable and present brands in the consumer electronics industry. 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. Koninklijke Philips N.V. (E & H). 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