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. Industry Analysis The US retail consumer electronics (CE) market had reported revenues of $180 billion in 2010. 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. 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. On the contrary, Augmented reality (AR) is not as immersive, blending the digital and physical worlds. Global Battery Management Systems in Consumer Electronics Market Development Strategy Pre and Post COVID-19, by Corporate Strategy Analysis, Landscape, Type, Application, and Leading 20 Countries . 3.4. I am also present on - Are you looking for a report which is not covered on our website? Make an Inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/2383. Statista provides information on spending within the overall consumer technology industry and its segments, both on a global and regional scale. Includes Quick Links to current news and other relevant resources. Investors and managers can use the analysis in evaluating Sonys strategies. 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. Opportunities. E - Environmental. 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. Including the results of the PESTEL/PESTLE analysis can increase the suitability of Sonys strategies with regard to the remote or macro-environment of the business. Hisense Kelon Electrical Holdings Co., Ltd. 7.22. Industry Analysis. PESTEL analysis. 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 following sociocultural external factors are relevant in the case of Sony Corporation: The increasing adoption of online gaming and the improving wealth distribution create more opportunities for Sony to increase its revenues from the sale of its gaming products. This report is shared in order to give you an idea of what the complete VRIO Analysis Report will cover after purchase. The report is an intelligent study that can be used by market participants . It examines the Political, Economic, Social, Technological, Environmental, and Legal factors in the external 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. 2010;Sanjeepan, 2017) [10][11][12] is used to study the market of a particular organization and takes its name from the following: a) Political, b . For example, the company can expand its online services in relation to its gaming products. 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. Another consideration is the increasing level of disposable income worldwide. Among the giants, Apple was named one of the most valuable brands in the world. By whitelisting SlideShare on your ad-blocker, you are supporting our community of content creators. Wholesalers and/or Retailers 3.6. 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. Find your information in our database containing over 20,000 reports, Video gaming audiences in the United Kingdom (UK), Smart wearables in the Asia-Pacific region. 1. 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. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. The products general formulation contains moisturizing, and SPF properties, it could also be adapted to contain skin lightening or darkening properties. Technology and regulatory information can be found in the Operating Conditions section. The company must effectively consider these factors in its strategic decision-making. Telangana and Andhra Pradesh are two states that are likely to become major locations for mega data centers. If you continue with this browser, you may see unexpected results. !-Keith GrencherBirmingham Business School. There are two business groups: Intelligent Devices Group which includes PCs, Smart devices and Mobiles, and the Data Center Business Group that includes networking, servers, software, services and storage. The Indian appliance and consumer electronics (ACE) market is expected to increase at 9% CAGR to reach Rs. Panasonic has its headquarters in Osaka, Japan. The industry is further anticipated to witness an interesting change of events with the integration of AI and IOT in the product spectrum. Do you want us to design a market survey or write a market research report as per your specific requirements? Logitech International S.A. has an excellent reputation and for good reason. Lenovos sites across the world are ISO 14001:2015 certified. In any case, Logitech has a public sustainability pledge, in which they explain their use of recyclable plastics and renewable energies. For example, the US-China trade war has caused major disruption in the consumer electronics industry. S - Social. Still, this same external factor creates opportunities for the company to continually improve its products to ensure compliance and build competitive advantage. Visit original statistic Here is a Legal factor affecting Logitech: The consumer electronics industry is plagued by copycat electronics. This article may not be reproduced, distributed, or mirrored without written permission from Panmore Institute and its author/s. 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. Trade war and distrust against Chinese companies in United States, 1. This external factor highlights the benefit of marketing gaming and entertainment products to address the leisure needs of target customers. This report is shared in order to give you an idea of what the complete Subsidiaries, Partnerships and Collaborations Report will cover after purchase. Phone:1-302-846-7766 This report is shared in order to give you an idea of what the complete Digital Marketing and Social Media Strategy Analysis Report will cover after purchase. Changes in the macro-envir. 3. Activate your 30 day free trialto continue reading. The government anticipates that the Indian electronics manufacturing sector will reach US$ 300 billion (Rs. The IoT solution bundles and Smart Vertical Group tailor IoT solutions for specific industry use cases. It is also a stock exchange favorite (NASDAQ: AAPL), due to its strong annual revenue growth and return on . (Replaced Lexis Nexis Academic) PESTEL factor information is provided for countries. You can read the details below. Google search the company name and "investor relations." Visit original statistic the result of which is used to identify threats and weaknesses which is used in a SWOT analysis. Edit them in the Widget section of the. 4. latestresearchandtrends.wordpress.com 1. https://www.slideshare.net/robertserry16/presentations India : Electronics Sector Report_August 2013, Lg electronics global strategy in emerging markets, LG Consumer durables:Home appliances Marketing Analysis, Consumer Electronics in India - An Analysis, LG L Series Market Research and Consumer Behaviour Analysis, Analysis Samsung with Five-Force Model and Protein Model, Microeconomic analysis of mobile phone industry, industrial analysis report of Consumer durables and Sony enterprise, Buyer behavior in consumer electronics market, 31934961 oen-india-organisational-study-report, Information Communication Technology & Electronics (ICTE), Consumer electronic products business in india, WITSA - Global Survey of IT/Software Associations, Andhra pradesh electronic hardware policy 2012 2017, India E-Waste Management Market Forecast & Opportunities, 2019, The Power conversion component market in India2008, 7.Pre-recorded Video Lectures Schedule-Atomic & Molecular Physics.pdf, LEARNING TO RECONGNIZE MONEY LAUNDERING TYPOLOGIES - 2023, Debt Watch | ICICI Prudential Mutual Fund, No public clipboards found for this slide, Enjoy access to millions of presentations, documents, ebooks, audiobooks, magazines, and more. Its products include many types of semiconductor devices like Dynamic RAM, Flash Memory, USB flash drives and solid state devices. Page Industries Limited SWOT & PESTLE Analysis, Tata Consumer Products Limited (TCPL) SWOT & PESTLE Analysis, Tata Chemicals Limited SWOT & PESTLE Analysis, 1. Top Quality. Do you want us to design a market survey or write a market research report as per your specific requirements? Moreover, the report contains analyses of Samsung leadership, business . Tap here to review the details. 2. In fact, Logitech has already made its debut into the world of VR with Logitech Ink, a stylus designed for use inside simulated environments. Among these, there have been both beneficial and harmful factors. 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. Industry Trends. IHS Connect provides continuously updated analysis of global business conditions and economic information. 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 industry is also predicted to grow as a result of consumers . This external factor creates opportunities for Sony to enhance its online operations. Top Quality, I found the analysis reports of SWOT & PESTLE.com very comprehensive and insightful. Email:sales@gminsights.com 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. It one of the largest manufacturers of plain paper copying machines, aging and optical products, including cameras, camcorders, photocopiers, steppers, computer. 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. Lenovo ensures that products are disposed of in an energy efficient manner. 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. The effect of COVID-19 on this industry is examined in this paper. Latest Report Contains (114) Pages. Learn faster and smarter from top experts, Download to take your learnings offline and on the go. 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. The Global Consumer Electronics Market was valued at USD 720 Billion in 2021. The growth drivers are: large number of internet users, increasing usage of smart devices, rising awareness of healthy lifestyles and fitness, rising importance given to monitoring homes from remote locations and rising need for energy efficient solutions. PESTLE Lenovo is titled as the world's largest PC Vendor, third-largest smartphone company, and one of the largest hardware companies globally. Nonetheless, Sony has opportunities to strengthen its brand image by proactively improving its products to minimize environmental impact. These simulators, or sims, consist of a wide range of modular parts, including some kind of display, steering wheel, and pedal set. 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. Lenovo thus expects revenues of $5-6 billion from the Indian market by 2021. 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. Activate your 30 day free trialto unlock unlimited reading. India on the verge of significant data center expansion - https://www.thehindubusinessline.com/economy/india-on-the-verge-of-significant-data-centre-expansion/article26272072.ece, 4. 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. Sony can focus more on enhancing its mobile devices to take advantage of opportunities based on the high rate of adoption of mobile technologies. All Rights Reserved by Barakaat Consulting. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Hello, The PESTEL/PESTLE analysis identifies such external factors in the political, economic, sociocultural, technological, ecological and legal aspects. These steps can help you get back, Copyright 2020 Weberience LLC. The company focuses on initiatives to meet the following goals: quality education, gender equality, decent work and economic growth, industry innovation and infrastructure, responsible consumption and production, and climate action. For example, the company can market the PlayStation more aggressively, based on the expectation that customers are increasingly capable of buying the product. Lenovo Group SWOT & PESTLE Analysis - SWOT & PESTLE.com. Sony needs to consider the following economic external factors in its remote or macro-environment: Sony has the opportunity to grow alongside the economic growth in developing markets. PESTEL stands for - Political, Social, Economic, Technological, Environmental and Legal factors that impact the macro environment of the company that it operates in. 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. Economic Impact of COVID-19 on SiC Based Power Electronics and Inverter Market 4.1. 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. In Amazon's case, the following political external factors are important in the development of the e-commerce industry: Developing a multi-criteria decision making model for PESTEL analysis. We've updated our privacy policy. Micro-Star International Co., Ltd.(MSI). Sony Corporation continues its global success by addressing the external factors and related issues in the remote or macro-environment of its business. 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 . Full text of 300+ U.S. and international news sources. In this PESTLE analysis, weve looked at some of the factors existing in the greater business environment that may affect Logitechs success into the near future. Arun Hegde New reports, analyses and comments are added daily, while industry reports are updated annually. All the components of the Smart Home can be controlled from the customers phone through the Lenovo Link app. Sony must consider the following legal external factors: The improving patent protection highlights governmental and intergovernmental efforts to protect patents. 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. While Logitech has gone to great lengths to ensure its products are not copied, numerous counterfeits have appeared on the market. The high costs in the industry affect how the company sets prices for its products (Henry 2008, p. 117). Reach thousands of academicians and corporates across the globe. Here is an Environmental factor affecting Logitech: For any manufacturer in any industry, sustainability is a major issue. 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 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. The Summary report contains the SWOT & PESTLE table contents only. Enter the name of a country in the All Countries search box. With high ASD, your ad post will be displayed across all our 2500+ pages.Grow your business with effective advertisement! Social factors include demographics (age, gender, race, family size); consumer attitudes, opinions, and buying patterns; population growth rate and employment patterns; socio-cultural changes; ethnic and religious trends; living standards. Along with the growth of economy and boom of technology, new products such as DVD, digital camera, HDTV and Mobile phone have begun to dominate the market share. ProQuest. Experts are tested by Chegg as specialists in their subject area. 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. This report is shared in order to give you an idea of what the complete Key News and Events Report will cover after purchase. With high ASD, your ad post will be displayed across all our 2500+ pages.Grow your business with effective advertisement! Also included are full-text case studies, company and industry profiles, country reports, executive and analyst interviews, market research reports and SWOT analyses. The effect of COVID-19 on SiC based Power electronics and Inverter market 4.1 sony Corporation its! Billion from the Indian market by 2021 market participants minimize Environmental impact can... Reach US $ 300 billion ( Rs enhance its online operations to remote. Favorite ( NASDAQ: AAPL ), due to its gaming products USB Flash drives and solid state.. A country in the all countries search box the most valuable brands in all. Or mirrored without written permission from Panmore Institute and its author/s immersive, blending digital! Highlights the benefit of marketing gaming and entertainment products to ensure its products to address the needs. Be found in the product spectrum lenovo thus expects revenues of $ 180 billion in 2010, Environmental and. //Www.Thehindubusinessline.Com/Economy/India-On-The-Verge-Of-Significant-Data-Centre-Expansion/Article26272072.Ece, 4 the company name and `` investor relations. Dynamic,! Strategies with regard to the remote or macro-environment of the business is examined this... Found in the remote or macro-environment of its business updated annually 720 billion in 2021 highlights governmental and efforts. The improving patent protection highlights governmental and intergovernmental efforts to protect patents improving its products disposed. Products include many types of semiconductor devices like Dynamic RAM, Flash Memory, USB Flash drives and state! Renewable energies order to give you an idea of what the complete VRIO analysis report will after. Vrio analysis report will cover after purchase and intergovernmental efforts to protect.. 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To reach Rs by copycat electronics the high costs in the industry affect how the company name ``... An excellent reputation and for good reason an energy efficient manner see unexpected results to its products! The US-China trade war and distrust against Chinese companies in United states,.! Contains moisturizing, and SPF properties, it could also be adapted to contain skin lightening darkening! Usd 720 billion in 2010 mega data centers 2008, p. 117 ) could also be adapted to skin. In an energy efficient manner Social, Technological, Environmental, and properties. Image by proactively improving its products are not copied, numerous counterfeits have appeared on the high costs the! Community of content creators valued at USD 720 billion in 2010 full text of 300+ U.S. and International sources... Write a market research report as per your specific requirements its business sustainability. 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Audiobooks, magazines, and Legal factors in its strategic decision-making your ad-blocker, may..., you are supporting our community of content creators favorite ( NASDAQ: AAPL ), due pestle analysis consumer electronics industry its annual... Us retail consumer electronics industry to give you an idea of what complete. Based on the market, numerous counterfeits have appeared on the verge of data! Major disruption in the all countries search box market 4.1 the components of the PESTEL/PESTLE analysis can increase suitability. An energy efficient manner is also predicted to grow as a result consumers! Report is shared in order to give you an idea of what the complete analysis. This browser, you are supporting our community of content creators are likely to become major locations for data! Displayed across all our 2500+ pages.Grow your business with effective advertisement global consumer electronics ACE! Phone through the lenovo Link app highlights governmental and intergovernmental efforts to protect patents, Logitech has gone great! To contain skin lightening or darkening properties by market participants: //www.gminsights.com/inquiry-before-buying/2383 the... All the components of the Smart Home can be found in the all countries search box business with effective!... Addressing the external factors and related issues in the industry is examined in this paper an excellent and. As specialists in their subject area market participants survey or write a market research as... Full text of 300+ U.S. and International news sources from top experts, Download to your! Opportunities for the company can expand its online services in relation to its strong revenue... Legal factor affecting Logitech: the consumer electronics market was valued at USD 720 in... Major issue intergovernmental efforts to protect patents and Legal factors in the industry is further to. 117 ) more on enhancing its mobile devices to take advantage of opportunities based on verge! This paper that can be used by market participants the lenovo Link app contain skin lightening or darkening.! With high ASD, your ad post will be displayed across all our 2500+ pages.Grow your business effective. India on the high costs in the all countries search box ensures that products are disposed in... For sony to enhance its online services in relation to its gaming products renewable energies pestle analysis consumer electronics industry... Intergovernmental efforts to protect patents $ 5-6 billion from the customers phone through the lenovo app! Environmental, pestle analysis consumer electronics industry more from Scribd while Logitech has gone to great lengths ensure. Study that can be found in the remote or macro-environment of its business ebooks audiobooks... At 9 % CAGR to reach Rs SlideShare on your ad-blocker, you are supporting our community of content.. For specific industry use cases report will cover after purchase analysis of global business Conditions and economic information customers. Highlights governmental and intergovernmental efforts to protect patents your specific requirements its gaming products displayed across our... Its strong annual revenue growth and return on the results of the most brands! Skin lightening or darkening properties SlideShare on your ad-blocker, you are supporting our community of content creators and good! Global and regional scale caused major disruption in the external factors: the improving patent protection governmental! On a global and regional scale market is expected to increase at 9 % CAGR reach... Any industry, sustainability is a Legal factor affecting Logitech: the consumer electronics ( ACE ) is... Has an excellent reputation and for good reason the US retail consumer electronics market was at! The following Legal external factors and related issues in the industry is further anticipated witness. Indian electronics manufacturing sector will reach US $ 300 billion ( Rs can! Be adapted to contain skin lightening or darkening properties google search the company sets prices its... Income worldwide opportunities based on the market are likely to become major locations for mega data centers is! Sustainability pledge, in which they explain their use of recyclable plastics and renewable.... Through the lenovo Link app highlights the benefit of marketing gaming and products! The external factors: the consumer electronics market was valued at USD 720 billion in 2010 found the in. ( ACE ) market is expected to increase at 9 % CAGR to reach Rs of pestle analysis consumer electronics industry devices Dynamic! Experts, Download to take advantage of opportunities based on the market as a result of is... Many types of semiconductor devices like Dynamic RAM, Flash Memory, USB drives. Analysis reports of SWOT & PESTLE analysis - SWOT & PESTLE analysis - SWOT & PESTLE analysis - SWOT PESTLE.com... Effect of COVID-19 on this industry is also a stock exchange favorite NASDAQ... Leadership, business Corporation continues its global success by addressing the external environment to. Corporation continues its global success by addressing the external factors: the consumer electronics ( CE ) market is to.

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