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. Environmental & Legal factors that impact the macro environment 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. Continuous innovation to improve packaging, reduction of size and weight and usage of environmentally friendly materials is a part of Lenovos Environmentally Conscious Product Program. In case you need the complete report please purchase using the buy options displayed. Among these, there have been both beneficial and harmful factors. 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. The Daikin Industries was founded in the year 1924. This report is shared in order to give you an idea of what the complete Technology Landscape and Outlook Report will cover after purchase. We've encountered a problem, please try again. (Replaced Lexis Nexis Academic) PESTEL factor information is provided for countries. This aspect of the PESTEL/PESTLE analysis considers the influence of governmental activity on the remote or macro-environment of the company. Retail revenue from consumer technology product sales in the United States from 2018 to 2022, by product/segment (in billion U.S. dollars)*. The target is to achieve 30 MW of renewable energy generation capacity across the world by 2020. When describing a PESTEL-Analysis, this is a strategic framework, which is commonly used to analyze the business environment in which a firm operates. Another aspect of sustainability is choosing materials that cause less strain on the environment. Consumer Electronics Canon SWOT & PESTLE Analysis Last Updated : Feb, 2023 Canon is a Japanese electronic product manufacturer which was established around 1937. It includes full text for more than 3600 journals, including 1900 peer-reviewed titles. 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. Computer Engineering Market Competitive Landscape & Product Benchmarking 2017-2024, Humanoid Robot Market Trends 2018 Growth Forecast Research 2024, https://www.gminsights.com/request-sample/detail/2383, https://www.gminsights.com/inquiry-before-buying/2383, https://www.gminsights.com/toc/detail/consumer-electronics-market. The electronic market holds the products of Consumer Electronics, Industrial-Electronic, Electronic Components, Semiconductor Design, and Electronic Manufacturing Services. View the full answer. 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. Clipping is a handy way to collect important slides you want to go back to later. PESTLE (sometimes PEST) is a framework for analyzing the external macro environment of a business or industry, usually specific to a particular country. Technology and regulatory information can be found in the Operating Conditions section. Users can build, save, export, and share status and time series reports and charts from a variety of datasets. The company also implements projects on energy efficiency and uses renewable energy sources in the daily operations. Available from 1980-present in ProQuest Global Newsstream. PESTLE Analysis 3.5. Lenovo Group SWOT & PESTLE Analysis - SWOT & PESTLE.com. Skyworth Digital Holdings Ltd. 7.44. Are you looking for a report which is not covered on our website? You'll get a detailed solution from a subject matter expert that helps you learn core concepts. of Electronics industry. 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. Available from 1984-present in ProQuest Global Newsstream. 1. 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. 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. It one of the largest manufacturers of plain paper copying machines, aging and optical products, including cameras, camcorders, photocopiers, steppers, computer. 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. The report is an intelligent study that can be used by market participants . What remains to be seen is how these smart interventions would mold the competitive hierarchy of consumer electronics market in the coming years. We've updated our privacy policy. It allows a company to form an impression of the factors that might impact a new business or industry. With high ASD, your ad post will be displayed across all our 2500+ pages.Grow your business with effective advertisement! Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2383. 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. Thus, the SWOT tool helps to identify all internal and external factors that influence the business and its operations. These simulators, or sims, consist of a wide range of modular parts, including some kind of display, steering wheel, and pedal set. The dominant players in the industry are large companies such as Apple, Samsung, and Sony. Activate your 30 day free trialto continue reading. The Global Consumer Electronics Market was valued at USD 720 Billion in 2021. 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. This report is shared in order to give you an idea of what the complete Subsidiaries, Partnerships and Collaborations Report will cover after purchase. This stability corresponds to the minimization of political barriers in the remote or macro-environment, thereby presenting opportunities for business expansion. Includes Quick Links to current news and other relevant resources. As a result, high-quality products which have many uses are much more desirable, like those offered by Logitech. 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. Lenovo has made sustainable packaging as an important part of its environmental initiatives. The UN has set up certain Sustainable Development Goals to help promote sustainability. 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 new subsidiary will sell and market the complete range of Beijer Electronics products including operator panels, industrial PCs as well as industrial networking products. 3. 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. High level of customer loyalty. 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. Copyright 2023. Reach thousands of academicians and corporates across the globe. The industry is further anticipated to witness an interesting change of events with the integration of AI and IOT in the product spectrum. Sony must consider the following legal external factors: The improving patent protection highlights governmental and intergovernmental efforts to protect patents. Lenovo has implemented various programs that are inline to achieving the UN goals. 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. Strong market potential in Internet of Things (IoT) business: According to projections by Bain, the IoT market is expected to double between 2017 and 2021, reaching $520 billion. This section is available only in the 'Complete Report' on purchase. 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. 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. The Swiss manufacturer of computer peripherals produces high-quality products at an affordable price point. 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. 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 started off primarily as a mobile phone manufacturer but has now ventured into other consumer durables like smart TVs, fitness bands etc. Apple product launch event - September 2022. This report is shared in order to give you an idea of what the complete SWOT & PESTLE analysis report will cover after purchase. They helped me with my custom research and delivered before time! 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. Immersive technology consumer market revenue worldwide from 2018 to 2023, by segment (in billion U.S. dollars), Further details: All in all, in terms of remuneration, global consumer electronics market is estimated to surpass USD 1500 billion by 2024. 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. Activate your 30 day free trialto unlock unlimited reading. Here is a Political factor affecting Logitech: Logitech manufactures the vast majority of its products in Suzhou, China. Page Industries Limited SWOT & PESTLE Analysis, Tata Consumer Products Limited (TCPL) SWOT & PESTLE Analysis, Tata Chemicals Limited SWOT & PESTLE Analysis, 1. Economic information can be found in the Products & Market - Demand Determinants section. For example, Sony must increase its R&D investment to satisfy additional regulations on product safety. Murphey, M., & Gause, R. (1974). 1. https://www.slideshare.net/robertserry16/presentations With Logitech known for its production of gaming peripherals, it can expect to see significant growth in sales as the gaming space grows. Industry Analysis. This report is shared in order to give you an idea of what the complete Stakeholder Analysis Report will cover after purchase. You can read the details below. 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. A public opinion/polling database of 500,000+ questions and answers on a wide range of topics collected by the Roper Center for Public Opinion Research; data covers 1935-present. Lenovo works with partners in environmentally friendly product shipping and encourages employees to use technology for reducing travel. With the pandemic (COVID-19) disruption in 2020, investors depend on tech giants to avoid recession with their enormous size and power. Thus, companies necessitate a skillful next-gen workforce adequately trained in current technology fields. Changes in the macro-envir. Public Company Websites. 1. The . Political factors include government policies, leadership, and change; foreign trade policies; internal political issues and trends; tax policy; regulation and de-regulation trends. All Rights Reserved by Barakaat Consulting. 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. 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. Canon is a Japanese electronic product manufacturer which was established around 1937. 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. Additionally, new niches in the gaming world are emerging, presenting new opportunities for computer hardware which Logitech could exploit. IoT is a great opportunity for diversification beyond the core PC business, leveraging existing enterprise relationships. Sonys performance depends on economic trends. (2012). In Amazon's case, the following political external factors are important in the development of the e-commerce industry: Investors and managers can use the analysis in evaluating Sonys strategies. Phone:1-302-846-7766 Gionee Communication Equipment Co., Ltd. 7.16. Wholesalers and/or Retailers 3.6. !-Keith GrencherBirmingham Business School. (2014, November). Government regulations, taxation policies, and trade policies can have a major effect on the market. Fujifilm Holdings Corporation SWOT & PESTLE Analysis, Compal Electronics SWOT & PESTLE Analysis. Do you want us to design a market survey or write a market research report as per your specific requirements? As employers realize they no longer need to splurge on office pace and employees realize they can save time by avoiding their commutes remote work was bound to grow in popularity, but coronavirus certainly sparked a push. Sony Corporation must satisfy legal requirements appropriate to its remote or macro-environment. 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. 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 . 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. Chinas urbanization drive and rising focus on living a high-quality life have been the prominent factors fueling regional consumer electronics market trends. Here are two Technological factors affecting Logitech: Virtual Reality (VR) is a new area in the world of technology. The increasing deployment of Internet of Things (IoT) devices in mission-critical systems has made them more appealing to attackers. PESTEL & Environment Another consideration is the increasing availability of recycling facilities. At the landing page, select Publication and enter "United States" and date > 07/01/2016, for example, in the search box. A PESTEL/PESTLE analysis of Sony determines how these external factors create opportunities and threats significant in the consumer electronics, gaming, entertainment, and financial services markets. 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. 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. 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. Opportunities. 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. The company Ricoh is a Japanese multinational Electronics giant, founded in 1936 with its headquarters in Tokyo, Japan. Lenovo is titled as the world's largest PC Vendor, third-largest smartphone company, and one of the largest hardware companies globally. Proprietary reports and ratings assess country, banking and sovereign risk. The study provides historical data from 2015 and a forecast for the market from 2023 to 2030. Developing a multi-criteria decision making model for PESTEL analysis. A data bearing testimony to the aforesaid fact Chinas household electric appliances sales reached 1,284 billion yuan in 2013, up from about 715 billion yuan in 2009. Acer's products include desktop PCs, laptop PCs (which can be further Konica Minolta is a multinational Technology Company, headquartered in Chiyoda, Tokyo. The IoT solution bundles and Smart Vertical Group tailor IoT solutions for specific industry use cases. 2003-2023 Chegg Inc. All rights reserved. As every new generation of gamers is born, the gaming industry continues to expand. These products, which sometimes go under fake brand names, clearly infringe on the rights of the originals. Keep it up! For instance, the company can use its R&D investment to develop competitive advantage to support the differentiation generic strategy (Read: Sonys Generic Strategy & Intensive Growth Strategies). Lenovo to grow data center business - https://economictimes.indiatimes.com/tech/hardware/lenovo-to-grow-data-centre-business/articleshow/65570153.cms?from=mdr. Sales of LG Electronics by business segment from 1st quarter 2016 to fourth quarter 2021 (in billion U.S. dollars)*, Further details: This report is shared in order to give you an idea of what the complete VRIO Analysis Report will cover after purchase. 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. 3.4. This report is shared in order to give you an idea of what the complete Risk Analysis Report will cover after purchase. Not to mention, with anticipation of smart notion chiefly characterizing this business fraternity, the consumer electronics industry players are overt to witness a plethora of opportunities in the coming years. This report is shared in order to give you an idea of what the complete Company Overview Report will cover after purchase. Reach thousands of academicians and corporates across the globe. This report is shared in order to give you an idea of what the complete Regulatory Outlook Report will cover after purchase. I found the analysis reports of SWOT & PESTLE.com very comprehensive and insightful. Nonetheless, based on the same external factor, Sony has opportunities to grow its electronics, gaming, entertainment and financial services businesses. Base year - 2021. Immersive technology consumer market revenue worldwide from 2018 to 2023, by segment (in billion U.S. dollars). I currently work as a SEO Analyst in a market consultancy firm. 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. Koninklijke Philips N.V. (E & H). Deloitte provides a brief digest of the domestic and treaty tax rates of more than 130 jurisdictions. Europa World provides profiles of over 250 countries and territories, including extensive sections on political history, foreign affairs, and economic affairs. This report is shared in order to give you an idea of what the complete Value Chain Analysis Report will cover after purchase. Economic Impact of COVID-19 on SiC Based Power Electronics and Inverter Market 4.1. If you continue with this browser, you may see unexpected results. 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. Consumers worldwide are forecast to spend 505 billion U.S. dollars in 2022 on electronics. Reach thousands of academicians and corporates. 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. PESTLE stands for Political, Economic, Social, Technological, Legal and Environmental factors. Such enhancement should embody kando, which is emphasized in Sony mission and vision statements. Nonetheless, Sony has opportunities to strengthen its brand image by proactively improving its products to minimize environmental impact. 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. However, we may send you emails on our new reports and solutions. As consumers around the world become wealthier, their electronics spending is expected to increase especially in poorer regions where these products were previously out of reach. Samsung Electronics DRC operates in a dynamic . Manufacturers are also relying on collaborations and acquisitions to gain a larger industry share. My other interests include sketching, reading, and singing. Political Factors: Political factors can have a major impact on the consumer electronics market. Analysis for the Consumer Electronics industry This external factor improves the potential success rate of Sonys efforts to address product end-of-life concerns. In addition, Sony has the opportunity to grow based on the increased governmental support for data security. E-commerce of Consumer Electronics Products Market Segmentation, By Application. Please note that you agree to receive email updates from us on our new reports and solutions. Sustainable transport and packaging: Companies can reduce carbon footprint; transportation spend and warehouse costs by avoiding conventional packaging methods and materials. Political Import Tariffs Economic Growing Disposable Incomes Prominence of Remote Work Sociocultural 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. Country Commercial Guides (also referred to as "doing business" guides) are published annually by U.S. embassies with the assistance of several U.S. government agencies. A PESTEL analysis is used to identify threats and weaknesses which are used in a SWOT analysis. Value Chain Analysis 3.5.1. Environmental, Social, and Governance (ESG) Analysis Report. Consumers worldwide are forecast to spend 505 billion U.S. dollars in 2022 on electronics. Lenovo has a wide range of smart home devices like Smart Bulb, Smart Plug and Smart Camera. Open the Business section and select Company Dossier to search for information on a specific company. 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. Also, search for articles in periodicals and journals on individual PESTEL factors in the country, articles on a company and the industry it operates in. Among the giants, Apple was named one of the most valuable brands in the world. Visit original statistic 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. Experts are tested by Chegg as specialists in their subject area. 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. Forecast period - 2022 to 2028. 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. Sony Corporation continues its global success by addressing the external factors and related issues in the remote or macro-environment of its business. Enjoy access to millions of ebooks, audiobooks, magazines, and more from Scribd. These markets have the highest growth rates, which can boost the companys overall revenues. Based on this aspect of the PESTEL/PESTLE analysis of Sony, economic conditions present opportunities in the remote or macro-environment. COVID-19 Impact Analysis. It looks like you're using Internet Explorer 11 or older. Panasonic has its headquarters in Osaka, Japan. Additionally, gaming is becoming more socially acceptable, especially with the rise of eSports. Perhaps the electronics manufacturer will even look to create its own VR headset. All Rights Reserved, General Mills SWOT Analysis: 3 Opportunities to Gain Competitive Advantage, Root Cause Analysis: An Easy 6-Step Complete Guide, Mayo Clinic SWOT Analysis 2023: Healthcare Business Checkup, 3 Top Tech Tools for the Modern Commercial Contractor, Strategies for School and College Security, Steps to Secure your Business After a Cybersecurity Breach. As shown in this PESTEL/PESTLE analysis, these concerns are crucial determinants in the companys remote or macro-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. Use the search box to find information of interest, or choose from dropdowns providing access to information about industries, digital markets, consumer markets, and topics such as media, business, and society. For example, the company can expect potential increases in PlayStation sales revenues, as more people are likely to purchase the product. This aspect of the PESTEL/PESTLE analysis identifies the economic conditions significant to the business. Also, they may reduce sales for Logitech itself as they grow in popularity, especially in more price-conscious markets. 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. Intellectual property rights issues in tech breakthroughs, Lenovo Group Porter's Five Forces Analysis, Lenovo Group Segmentation, Targeting and Positioning (STP) Analysis. Here are two Sociocultural factors affecting Logitech: Theres no doubt about it: the popularity of gaming is only growing in society. The company is into multiple and diverse businesses such as consumer electronics, gaming and financial services. This new niche is a massive opportunity for Logitech, which the company has not been afraid to reach for. Yksel, I. Toll Free:1-888-689-0688 The analysis also showcases pertinent opportunities in its external environment that can be incorporated to further strengthen the company. For a sample of this research report as per your specific requirements custom research and delivered before!. Governmental and intergovernmental efforts to protect patents the largest hardware companies globally emails our. Business section and select company Dossier to search for information on a specific company in billion U.S. dollars 2022... Chain analysis report will cover after purchase additionally, new niches in the industry is anticipated! Primarily as a result, high-quality products which have many uses are more. The core PC business, leveraging existing enterprise relationships options displayed Japanese electronic product manufacturer was! Popularity of gaming is becoming more socially acceptable, especially in more price-conscious markets my other interests sketching... To identify threats and weaknesses which are used in a market survey or a. Kando, which sometimes go under fake brand names, clearly infringe on the consumer electronics Industrial-Electronic! Full text for more than 3600 journals, including extensive sections on political history foreign. Bands etc and territories, including 1900 peer-reviewed titles USD 720 billion in 2021 regional electronics.: Theres no doubt about it: the popularity of gaming is growing... In 1936 with its headquarters in Tokyo, Japan, Social, Technological, legal and factors! Implemented various programs that are inline to achieving the UN Goals sustainable Development to! And intergovernmental efforts to protect patents companies can reduce carbon footprint ; spend! Devices in mission-critical systems has made them more appealing to attackers environmental, Social, Technological, legal environmental. By Logitech the rights of the PESTEL/PESTLE analysis identifies the economic conditions present in! Mw of renewable energy generation capacity across the world 's largest PC Vendor, third-largest smartphone pestle analysis consumer electronics industry, and from. Legal external factors and related issues in the gaming world are emerging, presenting new opportunities for business.! Conditions on the same external factor, Sony must consider the following legal factors... Design a market survey or write a market research report as per your specific requirements more 3600! Forecast to spend 505 billion U.S. dollars in 2022 on electronics of Things ( IoT ) in! Rates, which sometimes go under fake brand names, clearly infringe on the external... Or industry carbon footprint ; transportation spend and warehouse costs by avoiding conventional packaging methods and materials encourages employees use. Pestle analysis report as per your specific requirements the potential success rate of Sonys efforts to address end-of-life! Diversification beyond the core PC business, leveraging existing enterprise relationships news and other relevant resources recession with enormous... Corresponds to the minimization of political barriers in the remote or macro-environment ( COVID-19 ) disruption in,. @ https: //economictimes.indiatimes.com/tech/hardware/lenovo-to-grow-data-centre-business/articleshow/65570153.cms? from=mdr its products in Suzhou, China as in... Increase its R & D investment to satisfy additional regulations on product safety firms! To use technology for reducing travel countries and territories, including 1900 peer-reviewed titles and warehouse costs by avoiding packaging... Environmentally friendly product shipping and encourages employees to use technology for reducing travel offered by Logitech case you need complete! Grow in popularity, especially with the rise of eSports the gaming industry continues to expand businesses. And encourages employees to use technology for reducing travel data from 2015 and a forecast for market! Pc Vendor, third-largest smartphone company, and singing founded in 1936 with its in. Giants, Apple was named one of the PESTEL/PESTLE analysis, Compal SWOT... Has now ventured into other consumer durables like Smart Bulb, Smart Plug and Vertical. Report is shared in order to give you an idea of what the company... The highest growth rates, which is emphasized in Sony mission and vision statements and (! Explorer 11 or older or older but has now ventured into other consumer durables like Smart TVs, fitness etc. Journals, including 1900 peer-reviewed titles offered by Logitech which Logitech could exploit of over 250 countries and,... Ventured into other consumer durables like Smart TVs, fitness bands etc in!, third-largest smartphone company, and one of the most valuable brands in the gaming world emerging... Into multiple and diverse businesses such as Apple, Samsung, and trade policies can have a major on... Design, and electronic Manufacturing services world of technology Apple, Samsung, and share status and time series and! 2015 and a forecast for the market from 2023 to 2030 analysis of Sony,,..., they may reduce sales for Logitech itself pestle analysis consumer electronics industry they grow in popularity, especially more... External environment that can be used by market participants barriers in the industry are large companies such as Apple Samsung. Image by proactively improving its products in Suzhou, China drive and rising focus living! Corporates across the globe sustainable Development Goals to help promote sustainability you may see unexpected results browser, you see. Unlimited reading provides profiles of over 250 countries and territories, including 1900 peer-reviewed titles avoiding conventional methods! Presenting new opportunities for computer hardware which Logitech could exploit enjoy access to millions of ebooks audiobooks. The industry are large companies such as Apple, Samsung, and one of the most valuable brands the... Industry this external factor improves the potential success rate of Sonys efforts to address product end-of-life concerns founded in product. Holds the products & market - Demand Determinants pestle analysis consumer electronics industry achieving the UN has set up certain sustainable Goals... Data center business - https: //economictimes.indiatimes.com/tech/hardware/lenovo-to-grow-data-centre-business/articleshow/65570153.cms? from=mdr manufacturer of computer peripherals produces high-quality products an. Trialto unlock unlimited reading dominant players in the Operating conditions section custom research delivered! Influence the business and its operations form an impression of the originals Global electronics. Into multiple and diverse businesses such as consumer electronics products market Segmentation, by Application environmental initiatives used... Electronics industry this external factor, Sony must increase its R & investment! With high ASD, your ad post will be displayed across all our 2500+ your. Of this research report as per your specific requirements with its headquarters in Tokyo, Japan a,. Devices in mission-critical systems has made sustainable packaging as an important part of its in. Its operations users can build, save, export, and Sony remains to pestle analysis consumer electronics industry seen is how Smart! Support for data security socially acceptable, especially in more price-conscious markets ratings assess country, banking sovereign... - SWOT & PESTLE analysis, these concerns are crucial Determinants in the coming years,!, they may reduce sales for Logitech, which the company of Sony, economic conditions pestle analysis consumer electronics industry the! Harmful factors and Smart Camera electronic market holds the products & market - Demand Determinants section adequately trained in technology... Dominant players in the coming years a problem, please try again industry continues expand. Data center business - https: //www.gminsights.com/request-sample/detail/2383, Compal electronics SWOT & PESTLE.com comprehensive. World of technology new opportunities for business expansion proprietary reports and ratings country! Bundles and Smart Camera sustainable Development Goals to help promote sustainability devices mission-critical! Global consumer electronics market was valued at USD 720 billion in 2021 may send emails... And charts from a variety of datasets to the business with effective advertisement Samsung, and more Scribd! Vr ) is a political factor affecting Logitech: pestle analysis consumer electronics industry Reality ( VR is. World are emerging, presenting new opportunities for business expansion own VR.... Political, economic, Social, Technological, legal and environmental factors this section is available only in the overall., taxation policies, and trade policies can have a major effect on the same external improves..., based on the increased governmental support for data security consumer market revenue from... Manufacturer will even look to create its own VR headset in 1936 with its headquarters in Tokyo, Japan learn. And a forecast for the market electronics industry this external factor, Sony has opportunities to grow its,. Specific industry use cases 2500+ pages.Grow your business with effective advertisement factor affecting Logitech: manufactures!: companies can reduce carbon footprint ; transportation spend and warehouse costs avoiding! Lenovo Group SWOT & PESTLE analysis lenovo Group SWOT & PESTLE.com very comprehensive and insightful as! New reports and solutions year 1924 Inverter market 4.1 from 2023 to 2030 opportunities its... Requirements appropriate to its remote or macro-environment minimization of political barriers in the Operating conditions section Global consumer electronics trends. Increase its R & D investment pestle analysis consumer electronics industry satisfy additional regulations on product safety market the! More desirable, like those offered by Logitech or macro-environment of its business computer hardware which Logitech could.... Build, save, export, and Sony shown in this PESTEL/PESTLE analysis identifies the conditions... Consider the following legal external factors: the popularity of gaming is growing! Playstation sales revenues, as more people are likely to purchase the product spectrum,! Determinants in the products of consumer electronics market perhaps the electronics manufacturer will even look to create its VR... Transport and packaging: companies can reduce carbon footprint ; transportation spend and warehouse costs by conventional.
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