It has established itself as a leader in manufacturing and sales of air conditioning equipment. My other interests include sketching, reading, and singing. It includes full text for more than 3600 journals, including 1900 peer-reviewed titles. 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. 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. 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. Environmental & Legal factors that impact the macro environment At the landing page, select Publication and enter "United States" and date > 07/01/2016, for example, in the search box. 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 PESTLE analysis (Phan, 2021; Cadle et al. The effect of COVID-19 on this industry is examined in this paper. The company must effectively consider these factors in its strategic decision-making. 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. 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. 2. S - Social. The companys diversity hiring efforts have led to an increase in the female executive population of the company by 1.8% in FY 2017/18 compared to FY 2016/17. Please refer to the Terms and Conditions and Disclaimer for usage guidelines. 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. Investor presentation 2018/19 - https://investor.lenovo.com/en/financial/results/presentation_1819_q4.pdf, 3. It started off primarily as a mobile phone manufacturer but has now ventured into other consumer durables like smart TVs, fitness bands etc. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Hello, Technology and regulatory information can be found in the Operating Conditions section. 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 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. In addition, Sony can boost its sales revenues based on increasing openness toward leisure. For example, the US-China trade war has caused major disruption in the consumer electronics industry. Here are two Technological factors affecting Logitech: Virtual Reality (VR) is a new area in the world of technology. Keep it up! 1. https://www.slideshare.net/robertserry16/presentations 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. Get more details on this report - Request Free Sample PDF Consumer electronics are electronic equipment for non-commercial use. These products, which sometimes go under fake brand names, clearly infringe on the rights of the originals. 3. https://www.tradove.com/blog/?author=19221 Exposure to global macroeconomic environment, 1. Economic information can be found in the Products & Market - Demand Determinants section. Changes in the macro-envir. 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. It has manufacturing Xiaomi was founded in 2010 by Chinese entrepreneur Lei Jun. Investors and managers can use the analysis in evaluating Sonys strategies. 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. The company report will include its brands and competitors, with links to current news articles, court cases, and intellectual property. It looks like you're using Internet Explorer 11 or older. Arun Hegde (Replaced Lexis Nexis Academic) PESTEL factor information is provided for countries. The general findings of the study while focusing on the overall industry-category's present and strategic . In case you need the complete report please purchase using the buy options displayed. 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. 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. Reach thousands of academicians and corporates. Weak smartphone business compared to competitors, 1. It examines the Political, Economic, Social, Technological, Environmental, and Legal factors in the external environment. Such products could attract more customers. Its products include many types of semiconductor devices like Dynamic RAM, Flash Memory, USB flash drives and solid state devices. Industry Research Biz (IRB) asserts that the global Consumer Electronics and Home Appliances Market is predicted to garner a stellar CAGR during the forecast . Get in touch with us. This new niche is a massive opportunity for Logitech, which the company has not been afraid to reach for. This couldnt be truer in the gaming space, where manufacturers are held to high standards due to the tech savviness of consumers. 1. !-Keith GrencherBirmingham Business School. New reports, analyses and comments are added daily, while industry reports are updated annually. PESTEL & Environment Analysis for the Consumer Electronics industry PESTEL stands for - Political, Economic, Social, Technological, Environmental & Legal factors that impact the macro environment of Electronics industry. Global smart wearable devices market will reach $137.15 billion by 2030, growing by 14.7% annually over 2020-2030 with a CAGR of 18.6% for unit shipment, owing to the growing consumer preference. Your email address will not be published. Deloitte provides a brief digest of the domestic and treaty tax rates of more than 130 jurisdictions. Changes in the macro-environm . 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. 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. This report is shared in order to give you an idea of what the complete Regulatory Outlook Report will cover after purchase. Most of these external factors present opportunities that Sony can take. PESTLE stands for: P - Political. 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. Lenovo works with partners in environmentally friendly product shipping and encourages employees to use technology for reducing travel. India is one of the 10 countries identified by Lenovo for data center expansion. This report is shared in order to give you an idea of what the complete BCG Analysis Report will cover after purchase. Another recommendation is to expand the business in developing markets to maximize Sonys revenues. 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. Lenovo Group SWOT and PESTLE analysis has been conducted by Nipunn V and reviewed by senior analysts from Barakaat Consulting. Share, and COVID-19 Impact Analysis, By Product (Consumer Electronics Devices, Smart Home Devices, and Wearable Electronics Devices), By . Sony can focus more on enhancing its mobile devices to take advantage of opportunities based on the high rate of adoption of mobile technologies. They have a wide range of products catering to consumers' needs, from personal audio equipment to home automation systems. 1. What remains to be seen is how these smart interventions would mold the competitive hierarchy of consumer electronics market in the coming years. View all posts by robertserry, This is a text widget, which allows you to add text or HTML to your sidebar. Lenovo is a Chinese Fortune Global 500 company doing business in 180 countries and has over 57,000 employees as of 2019. 2. http://electronicandmediasize.blogspot.in This external factor improves the potential success rate of Sonys efforts to address product end-of-life concerns. It is also prudent to mention that India accounted for a household refrigerator & washing machine user rate of 31% and 10% respectively in 2013. 3.15 trillion (US$ 48.37 billion) in 2022. Lenovo Group SWOT & PESTLE Analysis - SWOT & PESTLE.com. 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. 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