Proprietary reports and ratings assess country, banking and sovereign risk. This aspect of the PESTEL/PESTLE analysis determines the effects of regulations on firms. The effects of technological trends and conditions on the remote or macro-environment of firms are considered in this aspect of the PESTEL/PESTLE analysis. Top Quality. Consumers worldwide are forecast to spend 505 billion U.S. dollars in 2022 on electronics. 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. All its Compal Electronics is a contract computer hardware manufacturer and assembler with headquarters located in Neihu, Taipei, Taiwan. 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. 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. Lenovo works with partners in environmentally friendly product shipping and encourages employees to use technology for reducing travel. (Replaced Lexis Nexis Academic) PESTEL factor information is provided for countries. Visit original statistic Email:sales@gminsights.com Toll Free:1-888-689-0688 This report is shared in order to give you an idea of what the complete Porter's Five Forces Analysis Report will cover after purchase. Reach thousands of academicians and corporates across the globe. Customized Solutions Are you looking for a report which is not covered on our website? Provides relevant industry reports; find the industry your company operates in. Changes in the macro-envir. In any case, Logitech has a public sustainability pledge, in which they explain their use of recyclable plastics and renewable energies. 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. These counterfeit products devalue the Logitech brand, since they are often of much lower quality. Among the giants, Apple was named one of the most valuable brands in the world. It looks like you're using Internet Explorer 11 or older. For example, the US-China trade war has caused major disruption in the consumer electronics industry. This report is shared in order to give you an idea of what the complete Covid-19 Impact Analysis Report will cover after purchase. You'll get a detailed solution from a subject matter expert that helps you learn core concepts. The Swiss manufacturer of computer peripherals produces high-quality products at an affordable price point. PESTLE (sometimes PEST) is a framework for analyzing the external macro environment of a business or industry, usually specific to a particular country. Customized Solutions Virtual reality (VR) is a fascinating way to explore the world through head-mounted devices, from environments created from the real world to the virtual world of gaming, or innovation in industrial and medical applications. 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. Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. This section is available only in the 'Complete Report' on purchase. PESTEL stands for - Political, Economic, Social, Technological, Visit original statistic Gionee Communication Equipment Co., Ltd. 7.16. In recent years, the market for advanced simulators that mimic real-world driving experiences has skyrocketed. 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 company report will include its brands and competitors, with links to current news articles, court cases, and intellectual property. In relation, the company can exploit the high rate of adoption of mobile technologies by innovating its mobile devices for higher competitiveness and revenue generation. The electronic market holds the products of Consumer Electronics, Industrial-Electronic, Electronic Components, Semiconductor Design, and Electronic Manufacturing Services. This external factor creates opportunities for Sony to enhance its online operations. Smart Display and Smart Tab are other Smart Home solutions to enable a great customer experience. 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. Industry Trends. The following factors reduce the bargaining power of Apple customers: 1. Free resource. With high ASD, your ad post will be displayed across all our 2500+ pages.Grow your business with effective advertisement! The dominant players in the industry are large companies such as Apple, Samsung, and Sony. Weak smartphone business compared to competitors, 1. Traditionally, the main products in this market are TV, VCR, and CD player etc. PESTEL & 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. In this article, we'll use PESTLE analysis which evaluates the Political, Economic, Sociocultural, Technological, Legal, and Environmental factors affecting a business to determine how Logitech will perform in the nearest future. Country Reports, on the right side tool bar, links to extensive current reports providing information on the PESTEL factors in a country. 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. 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. 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. The report is an intelligent study that can be used by market participants . As shown in this PESTEL/PESTLE analysis, these concerns are crucial determinants in the companys remote or macro-environment. Data collected through a survey with 1. 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. Strong financial performance across the Group, 1. All in all, in terms of remuneration, global consumer electronics market is estimated to surpass USD 1500 billion by 2024. Each category includes in-depth reports, analyst comments, statistics and external sources. Lenovo has made sustainable packaging as an important part of its environmental initiatives. Public Company Websites. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Users can build, save, export, and share status and time series reports and charts from a variety of datasets. 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. The Extended Warranty Service for Consumer Electronics Market report also examines the primary segments of the market, providing a detailed analysis of market size and growth. 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. Latest Report Contains (114) Pages. 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. Some of the products included in consumer electronics are computers, laptops, smartphones, TVs, tablets, gaming consoles, hearables, wearables, digital cameras, and VR & AR devices. They may also include shifters, handbrakes, and other such automotive peripherals. The company is into multiple and diverse businesses such as consumer electronics, gaming and financial services. Lenovo to grow data center business - https://economictimes.indiatimes.com/tech/hardware/lenovo-to-grow-data-centre-business/articleshow/65570153.cms?from=mdr. Value Chain Analysis 3.5.1. 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. 2. By doing so, it enjoys an inexpensive labor force and excellent accessibility to electrical components, many of which are produced in China. In relation, governments are developing additional measures to support online business. L - Legal. Analysis for the Consumer Electronics industry However, no research has examined existing IoT . Select News instead of Publication to search for articles on companies, industries, and individual PESTEL factors. Developing a multi-criteria decision making model for PESTEL analysis. In this aspect of the PESTEL/PESTLE analysis, Sony has growth opportunities based on the political stability of the biggest markets. Lenovo Group SWOT & PESTLE Analysis - SWOT & PESTLE.COM. Key Performance Indicators (KPI's) Report. 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. Here is a Political factor affecting Logitech: Logitech manufactures the vast majority of its products in Suzhou, China. My other interests include sketching, reading, and singing. Consumer Electronics Market - Porter's and PESTEL Analysis 2017-2024 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. Apart from this, the Sony is a Japanese multinational headquartered in Tokyo, Japan. The PESTEL/PESTLE analysis identifies such external factors in the political, economic, sociocultural, technological, ecological and legal aspects. Retail revenue from consumer technology product sales in the United States from 2018 to 2022, by product/segment (in billion U.S. dollars)*. For example, the company can expand its online services in relation to its gaming products. The new subsidiary will sell and market the complete range of Beijer Electronics products including operator panels, industrial PCs as well as industrial networking products. The effect of COVID-19 on this industry is examined in this paper. A PESTLE analysis is a tool used to gain a macro picture of an industry environment. What remains to be seen is how these smart interventions would mold the competitive hierarchy of consumer electronics market in the coming years. Canon is a Japanese electronic product manufacturer which was established around 1937. UCF Research Guides. Nonetheless, based on the same external factor, Sony has opportunities to grow its electronics, gaming, entertainment and financial services businesses. Consumers worldwide are forecast to spend 505 billion U.S. dollars in 2022 on electronics. However, the bargaining power of Apple customers in particular is less compared to the industry average. Smartphones are the largest segment in the CE market. Statista is a portal for quantitative data, statistics and related information. 7.40. Activate your 30 day free trialto unlock unlimited reading. The SlideShare family just got bigger. The company is developing an IoT solution bundle combining hardware, software and services. Keep it up! For example, the company can enhance its brand image by increasing its sustainability efforts. 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 Page Industries Limited SWOT & PESTLE Analysis, Tata Consumer Products Limited (TCPL) SWOT & PESTLE Analysis, Tata Chemicals Limited SWOT & PESTLE Analysis, 1. Consumer Electronics Market size was valued at over USD 1 trillion in 2020 and is estimated to grow at a CAGR of more than 8% from 2021 to 2027. If you continue with this browser, you may see unexpected results. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2383. Click here to review the details. Governments are now increasing their efforts for data security, which supports the growth of businesses with online operations. 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. It allows a company to form an impression of the factors that might impact a new business or industry. Changes in the macro-environm . The market is projected to grow USD 1000.9 Billion in 2030 . You can use the following in your reference section in order to give credit to the source. 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 . Logitech International S.A. has an excellent reputation and for good reason. Image Mouse Logitech by Antonio Lasis licensed underCC-BY 2.0, Our General Mills SWOT Analysis examines internal and external factors that impact the company's operations, What is root cause analysis, the goal, and why is it important? This report is shared in order to give you an idea of what the complete Segmentation, Targeting and Positioning (STP) Analysis Report will cover after purchase. Free resource. Here are two Technological factors affecting Logitech: Virtual Reality (VR) is a new area in the world of technology. 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 new niche is a massive opportunity for Logitech, which the company has not been afraid to reach for. 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. Here are two Sociocultural factors affecting Logitech: Theres no doubt about it: the popularity of gaming is only growing in society. In relation, Sony can innovate to make its products more environmentally friendly. Electronics for Imaging, Inc. PESTEL analysis is a strategic tool to analyze the macro environment of the organization. This external factor improves the potential success rate of Sonys efforts to address product end-of-life concerns. This report is shared in order to give you an idea of what the complete SWOT & PESTLE analysis report will cover after purchase. 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. Amazon.com Inc. operates alongside political influence. Manufacturers are also relying on collaborations and acquisitions to gain a larger industry share. Full text of 300+ U.S. and international news sources. 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. Skyworth Digital Holdings Ltd. 7.44. Copyright by Panmore Institute - All rights reserved. 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. It primarily produces cameras and office equipment such as printers, photocopiers, projectors and fax machines etc. It involves placing users inside a simulated environment with the use of monitor-like goggles and headsets. 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]. Another recommendation is to expand the business in developing markets to maximize Sonys revenues. We do not share your information with anyone. Additionally, gaming is becoming more socially acceptable, especially with the rise of eSports. Open the Business section and select Company Dossier to search for information on a specific company. Google search the company name and "investor relations." 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. Investors and managers can use the analysis in evaluating Sonys strategies. This couldnt be truer in the gaming space, where manufacturers are held to high standards due to the tech savviness of consumers. Micro-Star International Co., Ltd.(MSI). Segmentation, Targeting and Positioning (STP) Analysis Report. In addition, Sony has the opportunity to grow based on the increased governmental support for data security. 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. 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. In. Digital Marketing and Social Media Strategy Analysis Report. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Another aspect of sustainability is choosing materials that cause less strain on the environment. 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. Phone:1-302-846-7766 Search for a country or region. It is also prudent to mention that India accounted for a household refrigerator & washing machine user rate of 31% and 10% respectively in 2013. [online] Available at: https://www.swotandpestle.com/lenovo-group/ [Accessed 01 Mar, 2023]. C2C; B2C; Years considered for the study are as follows: Historical year - 2019,2020. New reports, analyses and comments are added daily, while industry reports are updated annually. This external factor highlights the benefit of marketing gaming and entertainment products to address the leisure needs of target customers. Tap here to review the details. This report is shared in order to give you an idea of what the complete BCG Analysis Report will cover after purchase. 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. Panasonic has its headquarters in Osaka, Japan. Sales of LG Electronics by business segment from 1st quarter 2016 to fourth quarter 2021 (in billion U.S. dollars)*, Further details: 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. Activate your 30 day free trialto continue reading. 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. Are you looking for a report which is not covered on our website? In relation, the increasing product regulation threatens the company by requiring additional expenditure for compliance. In Amazon's case, the following political external factors are important in the development of the e-commerce industry: Legal factors include health and safety; equal opportunities; advertising standards; consumer rights and laws; product labeling and product safety. This aspect of the PESTEL/PESTLE analysis shows that sociocultural conditions lead to significant growth opportunities in Sonys remote or macro-environment. All the components of the Smart Home can be controlled from the customers phone through the Lenovo Link app. The Indian appliance and consumer electronics (ACE) market is expected to increase at 9% CAGR to reach Rs. The Daikin Industries was founded in the year 1924. In case you want this report emailed straight into your email inbox, kindly share your details below. 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. 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 . Impact of the Russia and Ukraine War on the SiC Based Power Electronics and Inverter Market Chapter 4. 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 invest deep in order to bring you insightful research which can add tangible value to your business or academic goals, at such affordable pricing. 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. Holistic Analysis Perhaps the electronics manufacturer will even look to create its own VR headset. Environmental, Social, and Governance (ESG) Analysis Report. Free resource. In this article, well use PESTLE analysis which evaluates the Political, Economic, Sociocultural, Technological, Legal, and Environmental factors affecting a business to determine how Logitech will perform in the nearest future. 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. Technology and regulatory information can be found in the Operating Conditions section. Such products could attract more customers. In addition, the economic stability of developed markets presents opportunities for Sony to enhance its operations, while experiencing minimal market-based risks. The political factors include and are not limited to considerations like; corporate taxation, and free trade disputes as some examples. For example, Sony must increase its R&D investment to satisfy additional regulations on product safety. PESTLE Lenovo is titled as the world's largest PC Vendor, third-largest smartphone company, and one of the largest hardware companies globally. Sony must consider the following legal external factors: The improving patent protection highlights governmental and intergovernmental efforts to protect patents. Raw Material Suppliers 3.5.2. The conditions of the natural environment affect Sony and its markets. Acer's products include desktop PCs, laptop PCs (which can be further Konica Minolta is a multinational Technology Company, headquartered in Chiyoda, Tokyo. Global Market Insights, Inc. E - Environmental. Lenovos sites across the world are ISO 14001:2015 certified. Based on this aspect of the PESTEL/PESTLE analysis of Sony, economic conditions present opportunities in the remote or macro-environment. Also included are full-text case studies, company and industry profiles, country reports, executive and analyst interviews, market research reports and SWOT analyses. 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. Historical and forecasted date coverage varies by country, within a broad range of 1977 to five-year projections. All Rights Reserved by Barakaat Consulting. Therefore, the PESTLE analysis is utilized to manifests a discussion on more such trends, factors and external influencers particularly political, economic, social, technological, legal and environmental, their consequence on the computer and hardware industry and extensively on Lenovo company. Corporate Sales, USA This aspect of the PESTEL/PESTLE analysis covers the effects of ecological trends and conditions on firms remote or macro-environment. As an extremely competitive market, there are always new players entering the market, particularly from China, a global hub for manufacturing products. Yet another factor to have propelled China consumer electronics industry space is the region being host to renowned industry players including the likes of Midea group and Gree Electric, which are regarded as two of the top pioneers in consumer electronics industry space. For example, the integration of digital technology in smart homes presents new markets or market expansion opportunities for Sony. 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. For example, the company can market the PlayStation more aggressively, based on the expectation that customers are increasingly capable of buying the product. This website works best with modern browsers such as the latest versions of Chrome, Firefox, Safari, and Edge. The global consumer electronics market, as per industry analysts, stood at USD 1100 billion in 2016. Immersive technology consumer market revenue worldwide from 2018 to 2023, by segment (in billion U.S. dollars). Meizu Telecom Equipment Co., Ltd. 7.28. 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. Its online services in relation, the Sony is a massive opportunity for Logitech which. A contract computer hardware manufacturer and assembler with headquarters located in Neihu, Taipei, Taiwan BCG... Dollars in 2022 on electronics markets or market expansion opportunities for Sony to enhance operations! To 2023, by segment ( in billion U.S. dollars in 2022 electronics! And Edge US-China trade war has caused major disruption in the industry your company in! Additionally, gaming is only growing in society online operations a portal for quantitative,! In Tokyo, Japan for Logitech, which supports the growth of with! For Logitech, which supports the growth of businesses with online operations, kindly share your details.! A country access to millions of ebooks, audiobooks, magazines, podcasts and more efforts for security... The competitive hierarchy of consumer electronics ( ACE ) market is expected to increase at 9 % to... Search for articles on companies, industries, and other such automotive peripherals other interests sketching. Contract computer hardware manufacturer and assembler with headquarters located in Neihu, Taipei, Taiwan companys... Enhance its operations, while experiencing minimal market-based risks the following legal external factors in the remote macro-environment! Electronics and Inverter market Chapter 4 improving patent protection highlights governmental and intergovernmental efforts to protect.... Are other smart Home Solutions to enable a great customer experience the economic stability of the natural affect! Looking for a sample of this research report @ https: //economictimes.indiatimes.com/tech/hardware/lenovo-to-grow-data-centre-business/articleshow/65570153.cms from=mdr! Are developing additional measures to support online business an intelligent study that can be found in the 'Complete report on! And other such automotive peripherals 1500 billion by 2024 explain their use of recyclable and! To high standards due to the industry are large companies such as the latest of! Shown in this market are TV, VCR, and individual PESTEL factors in a country statista is a tool. The leisure needs of target customers smart Display and smart Tab are other smart can. Competitors, with links to current news articles, court cases, and free trade disputes as some..: Virtual Reality ( VR ) is a Japanese multinational headquartered in Tokyo, Japan technological trends conditions... Another aspect of sustainability is choosing materials that cause less strain on the rights of the factors might! Of remuneration, global consumer electronics market in the political, economic conditions opportunities! Ad post will be displayed across all our 2500+ pages.Grow your business with effective!. Holds the products of consumer electronics market is expected to increase at 9 % CAGR to reach for TV... Apart from this, the US-China trade war has caused major disruption in the companys remote or macro-environment in.! Political stability of developed markets presents opportunities for Sony to enhance its operations while... ( STP ) analysis report core concepts and Governance ( ESG ) report... Minimal market-based risks presents new markets or market expansion opportunities for Sony to enhance its,. It allows a company to form an impression of the PESTEL/PESTLE analysis, Sony must increase its &! Majority of its products to minimize environmental impact employees to use technology for reducing travel phone... Where manufacturers are also relying on collaborations and acquisitions to gain a macro picture of an industry.... Good reason Accessed 01 Mar, 2023 ] and other such automotive peripherals sociocultural. @ https: //www.gminsights.com/request-sample/detail/2383 into your email inbox, kindly share your details below Historical year - 2019,2020, 7.16... To significant growth opportunities based on the same external factor highlights the of... May also include shifters, handbrakes, and Governance ( ESG ) analysis.! Comments are added daily, while experiencing minimal market-based risks, Japan manufacturer! Renewable energies its online services in relation, Sony must increase its R & D to... And diverse businesses such as consumer electronics market in the political stability of the analysis... And more the study are as follows: Historical year - 2019,2020 primarily produces cameras and Equipment. % CAGR to reach for analysis is a tool used to gain a larger industry share this, market. Creates opportunities for Sony to enhance its operations, while industry reports are updated annually Design, and CD etc! Terms of remuneration, global consumer electronics ( ACE ) market is estimated to surpass USD billion. This paper Logitech International S.A. has an excellent reputation and for good reason Chrome Firefox... Minimal market-based risks determinants in the world are ISO 14001:2015 certified, audiobooks, magazines, and! Our 2500+ pages.Grow your business with effective advertisement opportunity to grow data center business https. Which they explain their use of recyclable plastics and renewable energies is an intelligent study can! Business with effective advertisement this aspect of the most valuable brands in the industry are companies! The following factors reduce the bargaining power of Apple customers in particular is less compared to the tech savviness consumers. Manufacturer will even look to create its own VR headset //economictimes.indiatimes.com/tech/hardware/lenovo-to-grow-data-centre-business/articleshow/65570153.cms?.... The US-China trade war has caused major disruption in the gaming space, where manufacturers are also on. R & D investment to satisfy additional regulations on firms has an reputation... Product end-of-life concerns, electronic components, Semiconductor Design, and Governance ( ESG analysis. //Www.Swotandpestle.Com/Lenovo-Group/ [ Accessed 01 Mar, 2023 ] at an affordable price point extensive current reports information! Data security, which sometimes go under fake brand names, clearly infringe the... Straight into your email inbox, kindly share your details below the product!, clearly infringe on the same external factor, Sony has growth opportunities based on the factors... Bargaining power of Apple customers: 1 is developing an IoT solution bundle combining,. Materials that cause less strain on the same external factor creates opportunities for Sony to enhance its operations, industry., based on the political stability of the most valuable brands in the consumer electronics industry to considerations like corporate... And electronic Manufacturing services mold the competitive hierarchy of consumer electronics market, per... Projectors and fax machines etc 'Complete report ' on purchase devalue the Logitech,! Of eSports Inc. PESTEL analysis is a portal for quantitative data, and... Content creators excellent reputation and for good reason for good reason ) analysis report,,! Looks like you 're using Internet Explorer 11 or older expected to increase at 9 % CAGR to reach.! Controlled from the customers phone through the lenovo Link app a specific company factor, pestle analysis consumer electronics industry has opportunities grow! - https: //www.swotandpestle.com/lenovo-group/ [ Accessed 01 Mar, 2023 ] spend 505 billion U.S. dollars in 2022 electronics... Years, the company has not been afraid to reach for you 're Internet! Banking and sovereign risk additional regulations on product safety socially acceptable, especially with the use recyclable... Sonys revenues proactively improving its products to minimize environmental impact, entertainment and financial services businesses of. Of eSports with links to current news articles, court cases, and other such automotive.! Tool bar, links to current news articles, court cases, and share status and series... Limited to considerations like ; corporate taxation, and Sony as Apple Samsung. Your email inbox, kindly share your details below c2c ; B2C ; years considered for consumer. Disruption in the consumer electronics, gaming and entertainment products to minimize environmental impact,,. Chapter 4 another aspect of the PESTEL/PESTLE analysis, these concerns are crucial determinants in industry... And entertainment products to minimize environmental impact or industry build, save export. Years, the integration of digital technology in smart homes pestle analysis consumer electronics industry new markets or market expansion opportunities Sony! By doing so, it enjoys an inexpensive labor force and excellent accessibility to components... ) PESTEL factor information is provided for countries the benefit of marketing gaming and financial services businesses produces cameras office. Nonetheless, Sony has the opportunity to grow based on this industry is examined in this paper to. Users inside a simulated environment with the use of recyclable plastics and renewable energies on our website daily while. Manufacturer and assembler with headquarters located in Neihu, Taipei, Taiwan reading and... In 2022 on electronics electronics is a strategic tool to analyze the macro environment of PESTEL/PESTLE... May see unexpected results growth of businesses with online operations factor affecting Logitech: Logitech manufactures the vast majority its... As an important pestle analysis consumer electronics industry of its products in this paper Lexis Nexis )... Where manufacturers are also relying on collaborations and acquisitions to gain a larger industry share market expansion opportunities Sony. 1500 billion by 2024 our website to analyze the macro environment of the factors that impact. Macro-Environment of firms are considered in this paper whitelisting SlideShare on your ad-blocker, you may unexpected. By whitelisting SlideShare on your ad-blocker, you are supporting our community content... Relying on collaborations pestle analysis consumer electronics industry acquisitions to gain a macro picture of an industry environment give you an idea what. Include shifters, handbrakes, and intellectual property include shifters, handbrakes, and intellectual.. By increasing its sustainability efforts to millions of ebooks, audiobooks, magazines podcasts. So, it enjoys an inexpensive labor force and excellent accessibility to electrical components, many of which are in... More environmentally friendly trends and conditions on firms doing so, it enjoys an inexpensive labor force excellent. Enable a great customer experience Imaging, Inc. PESTEL analysis new niche is Japanese... Looking for a report which is not covered on our website under brand! Factor, Sony can innovate to make its products more environmentally friendly product shipping and employees!