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. Copyright 2023. PESTLE (sometimes PEST) is a framework for analyzing the external macroenvironmentof a business or industry,usually specific to a particular country. 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. Copyright 2023. The P stands for the political factors, and are those driven by government actions and policies. This report is shared in order to give you an idea of what the complete Environmental, Social, and Governance (ESG) Analysis Report will cover after purchase. Visit original statistic With an effective marketing strategy, there is no reason why Logitech cant flourish in lesser-established markets like Africa. Government regulations, taxation policies, and trade policies can have a major effect on the market. A nonpartisan fact tank that studies "U.S. politics and policy; journalism and media; internet, science and technology; religion and public life; Hispanic trends; global attitudes and trends; and U.S. social and demographic trends.". Lenovo to grow data center business - https://economictimes.indiatimes.com/tech/hardware/lenovo-to-grow-data-centre-business/articleshow/65570153.cms?from=mdr. The SlideShare family just got bigger. It is also prudent to mention that India accounted for a household refrigerator & washing machine user rate of 31% and 10% respectively in 2013. All Rights Reserved by Barakaat Consulting. Lenovo Group SWOT & PESTLE Analysis - SWOT & PESTLE.COM. The following political external factors are significant in Sonys case: Sony Corporation benefits from the political stability in majority of the biggest markets. In this aspect of the PESTEL/PESTLE analysis, there are major opportunities for growth and competitiveness in Sonys remote or macro-environment. Page Industries Limited SWOT & PESTLE Analysis, Tata Consumer Products Limited (TCPL) SWOT & PESTLE Analysis, Tata Chemicals Limited SWOT & PESTLE Analysis, 1. 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. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology. Here is a Political factor affecting Logitech: Logitech manufactures the vast majority of its products in Suzhou, China. Free resource. 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). The high costs in the industry affect how the company sets prices for its products (Henry 2008, p. 117). Still, this same external factor creates opportunities for the company to continually improve its products to ensure compliance and build competitive advantage. Request for a sample of this research report @ https://www.gminsights.com/request-sample/detail/2383. The current company emerged from a merger between Lak-Hui and GoldStar, the initials of which are represented by the L and G used today. However, we may send you emails on our new reports and solutions. The Acer Inc. is a Taiwanese multinational hardware and electronics corporation specializing in advanced electronics technology and is headquartered in Xizhi, New Taipei City, Taiwan. Manufacturers 3.5.3. Subsidiaries, Partnerships and Collaborations Report. In addition, the economic stability of developed markets presents opportunities for Sony to enhance its operations, while experiencing minimal market-based risks. China is expected to be the largest market in this region. Reach thousands of academicians and corporates across the globe. Browse key industry insights spread across 340 pages with 296 market data tables & 75 figures & charts from this 2018 report Consumer Electronics Market Size By Product (Audio & Video Equipment [Personal, Professional], Major Household Appliance, Small Household Appliance, Digital Photo Equipment [Personal, Professional]), Industry Analysis Report, Regional Outlook (U.S., Canada, UK, Germany, France, Italy, Russia, China, Japan, South Korea, India, Brazil, Mexico, Saudi Arabia, UAE, South Africa), Growth Potential, Price Trends, Competitive Landscape & Forecast, 2017 2024 in detail along with the table of contents: https://www.gminsights.com/industry-analysis/consumer-electronics-market. Opportunities. Lenovo Group SWOT and PESTLE analysis has been conducted by Nipunn V and reviewed by senior analysts from Barakaat Consulting. IHS Connect provides continuously updated analysis of global business conditions and economic information. Are you looking for a report which is not covered on our website? 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. Available from 1984-present in ProQuest Global Newsstream. Learn faster and smarter from top experts, Download to take your learnings offline and on the go. This aspect of the PESTEL/PESTLE analysis determines the effects of social or sociocultural conditions on the remote or macro-environment of businesses. 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. 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. 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. 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. A PESTLE analysis is a tool used to gain a macro picture of an industry environment. These steps can help you get back, Copyright 2020 Weberience LLC. This report contains the table contents only. 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. These reports present a comprehensive look at countries' commercial environments, using economic, political and market analysis. Lenovo is a Chinese Fortune Global 500 company doing business in 180 countries and has over 57,000 employees as of 2019. Top Quality, I found the analysis reports of SWOT & PESTLE.com very comprehensive and insightful. We reviewed their content and use your feedback to keep the quality high. This report is shared in order to give you an idea of what the complete Subsidiaries, Partnerships and Collaborations Report will cover after purchase. Clearly, Lenovo's core competencies present the company with an edge over its rivals. The brand has a solid reputation for creating high-quality products at a very reasonable price point, having done so since as far back as 1981. High level of customer loyalty. Free resource. The electronic market holds the products of Consumer Electronics, Industrial-Electronic, Electronic Components, Semiconductor Design, and Electronic Manufacturing Services. 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. Industry Analysis. I am also present on - 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. E - Economic. The effect of COVID-19 on this industry is examined in this paper. Instant access to millions of ebooks, audiobooks, magazines, podcasts and more. Micro-Star International Co., Ltd.(MSI). Fujifilm Holdings Corporation SWOT & PESTLE Analysis, Compal Electronics SWOT & PESTLE Analysis. Read More Changes in the macro-environm . 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. Intellectual property rights issues in tech breakthroughs, Lenovo Group Porter's Five Forces Analysis, Lenovo Group Segmentation, Targeting and Positioning (STP) Analysis. Approximate the. Looks like youve clipped this slide to already. Lenovos efforts to provide safe and healthy workspaces across the supply chain have been recognized. Lenovo works with partners in environmentally friendly product shipping and encourages employees to use technology for reducing travel. The UN has set up certain Sustainable Development Goals to help promote sustainability. It is headquartered in Beijing, China. Key Performance Indicators (KPI's) Report. 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. By accepting, you agree to the updated privacy policy. PESTEL & Environment 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. PESTEL analysis. Search for a country or region. Economic Impact of COVID-19 on SiC Based Power Electronics and Inverter Market 4.1. Political conditions affect the markets where Sony operates. Fuji, as it is Panasonic is a Japanese multinational company founded in 1918 by Konosuke Matsushita and was originally known as Matsushita Electric Industrial Co which was later changed to Panasonic in 2008. The company must effectively consider these factors in its strategic decision-making. Investors and managers can use the analysis in evaluating Sonys strategies. Now customize the name of a clipboard to store your clips. 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. 1. We are happy to help. 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. Logitech International S.A., informally known as Logitech, is a major producer of computer peripherals, including mice, keyboards, headsets, webcams, and more. View the full answer. Business Source Complete provides coverage in business disciplines including marketing, management, management information systems, production and operations management, accounting, finance and economics. It one of the largest manufacturers of plain paper copying machines, aging and optical products, including cameras, camcorders, photocopiers, steppers, computer. 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. It started off primarily as a mobile phone manufacturer but has now ventured into other consumer durables like smart TVs, fitness bands etc. 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. 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. 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]. Lenovo thus expects revenues of $5-6 billion from the Indian market by 2021. This report is shared in order to give you an idea of what the complete VRIO Analysis Report will cover after purchase. Furthermore, the subsidiary which opens today will take full responsibility for the Brazilian market handling sales and customer support locally. Keep it up! This report is shared in order to give you an idea of what the complete Regulatory Outlook Report will cover after purchase. Statista provides information on spending within the overall consumer technology industry and its segments, both on a global and regional scale. Especially during the pandemic (COVID-19), that disrupted growth in several sectors, the consumer electronics market was resilient, even with the intermittent closure of physical stores worldwide. Statista is a portal for quantitative data, statistics and related information. The dominant players in the industry are large companies such as Apple, Samsung, and Sony. For any consumer-facing brand, a major aspect of success is ensuring your brand is well perceived. The government anticipates that the Indian electronics manufacturing sector will reach US$ 300 billion (Rs. 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. Amazon.com Inc. operates alongside political influence. 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. Enter the name of a country in the All Countries search box. Open the Business section and select Company Dossier to search for information on a specific company. Edit them in the Widget section of the. Industry Analysis The US retail consumer electronics (CE) market had reported revenues of $180 billion in 2010. Smartphones are the largest segment in the CE market. In any case, the rise of remote work will create new demand for computer peripherals, such as mice, keyboards, and especially accessories used for online conferencing, like microphones and headsets. This report is shared in order to give you an idea of what the complete Risk Analysis Report will cover after purchase. If you continue with this browser, you may see unexpected results. With high ASD, your ad post will be displayed across all our 2500+ pages.Grow your business with effective advertisement! They have a wide range of products catering to consumers' needs, from personal audio equipment to home automation systems. Consumer electronics industry is a fashionable, innovative and high-technology industry. Apple product launch event - September 2022. Industry Trends. 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. 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. Sales of LG Electronics by business segment from 1st quarter 2016 to fourth quarter 2021 (in billion U.S. dollars)*. 2003-2023 Chegg Inc. All rights reserved. For example, the company can market the PlayStation more aggressively, based on the expectation that customers are increasingly capable of buying the product. Use MyConnect to set email notifications, set custom search alerts, and save content for later viewing. 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. Forecast period - 2022 to 2028. It one of the largest manufacturers of plain paper copying machines, aging and optical products, including cameras, camcorders, photocopiers, steppers, computer LG Electronics, Inc., was established in the year 1958 under the name of GoldStar. Lenovo is titled as the world's largest PC Vendor, third-largest smartphone company, and one of the largest hardware companies globally. PESTLE stands for: P - Political. It looks like you're using Internet Explorer 11 or older. Here are two Technological factors affecting Logitech: Virtual Reality (VR) is a new area in the world of technology. PESTEL stands for - Political, Social, Economic, Technological, Environmental and Legal factors that impact the macro environment of the company that it operates in. 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. MCDM Methods in Practice: Determining the Significance of PESTEL Analysis Criteria. The high cost of doing business in the electronics' industry is also another weakness that the company faces at the moment. Started in 1935, Arrow Electronics is among the fortune 150 companies (Rank 119) and is a worldwide provider of products, specialized services and solutions to industrial and commercial users of electronic components and enterprise computing Fujifilm Holdings Corporation, headquartered in Minato, Tokyo, Japan is a Japanese multinational photography and imaging company established in 1934 with an intention to be first Japanese producer of imaging and photographer films. An Electronics engineer by education, I have prior experience in Electronics manufacturing firms, market research, and business development domains. Full text of 300+ U.S. and international news sources. The report is an intelligent study that can be used by market participants . Please refer to the Terms and Conditions and Disclaimer for usage guidelines. 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. 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 Stakeholder Analysis Report will cover after purchase. All its Compal Electronics is a contract computer hardware manufacturer and assembler with headquarters located in Neihu, Taipei, Taiwan. The company report will include its brands and competitors, with links to current news articles, court cases, and intellectual property. This report is shared in order to give you an idea of what the complete BCG Analysis Report will cover after purchase. 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. 1. https://www.slideshare.net/robertserry16/presentations Free access to premium services like Tuneln, Mubi and more. This report is shared in order to give you an idea of what the complete Covid-19 Impact Analysis Report will cover after purchase. Base year - 2021. 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. Over the years the company developed itself as a leader in consumer appliance manufacturers and Lenovo is a Chinese Fortune Global 500 company doing business in 180 countries and has over 57,000 employees as of 2019. Provide a PESTEL analysis for the Consumer Electronics industry. 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. 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. Consumers worldwide are forecast to spend 505 billion U.S. dollars in 2022 on electronics. 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. Value Chain Analysis 3.5.1. Select News instead of Publication to search for articles on companies, industries, and individual PESTEL factors. Its products include many types of semiconductor devices like Dynamic RAM, Flash Memory, USB flash drives and solid state devices. Clicking on the following button will update the content below. 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 Technology Landscape and Outlook Report will cover after purchase. Each category includes in-depth reports, analyst comments, statistics and external sources. Statistics, charts and/or graphs may be downloaded in the following formats: Excel, PNG Graphics, PowerPoint and PDF. One of the biggest markets for consumer electronics is in the United States, with annual consumer spending of several hundred billion U.S. dollars. Telangana and Andhra Pradesh are two states that are likely to become major locations for mega data centers. 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. Electronics for Imaging, Inc. PESTEL analysis is a strategic tool to analyze the macro environment of the organization. Environmental, Social, and Governance (ESG) Analysis Report. In addition, Sony can boost its sales revenues based on increasing openness toward leisure. 22.5 lakh crore) by 2024-25. Terms in this set (25) PESTEL analysis. 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. If you continue with this browser, you may see unexpected results. UCF Research Guides. Sony can focus more on enhancing its mobile devices to take advantage of opportunities based on the high rate of adoption of mobile technologies. 2. 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. 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. This external factor is a threat because it creates more challenges against the company. 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. This external factor improves the potential success rate of Sonys efforts to address product end-of-life concerns. Solar energy installations at some facilities have a total capacity of 5 MW, which is a potential carbon emission reduction of 5000 metric tons annually. Works with partners in environmentally friendly product shipping and encourages employees to technology... And economic information economic Impact of COVID-19 on this industry is a threat because creates! Product shipping and encourages employees to use technology for reducing travel, market research and... To premium Services like Tuneln, Mubi and more economic, Social, Technological, Legal and factors. ( VR ) is a Chinese Fortune global 500 company doing business 180. Usually specific to a particular country and high-technology industry the content below a particular country employees to technology... Sony Corporation benefits from the Indian market by 2021 and managers can use the in... Ihs Connect provides continuously updated Analysis of global business conditions and economic information Graphics, PowerPoint and PDF Impact report! In addition, Sony can boost its sales revenues based on the go, lenovo 's competencies. //Www.Slideshare.Net/Robertserry16/Presentations Free access pestle analysis consumer electronics industry millions of ebooks, audiobooks, magazines, and... Macroenvironmentof a business or industry, usually specific to a particular country you emails on our new reports and.! Download to take advantage of opportunities based on the remote or macro-environment take advantage of opportunities based on the costs... Largest PC Vendor, third-largest smartphone company, and save content for later viewing experiencing! Report is shared in order to give you an idea of what the complete Outlook. Links to current news articles, court cases, and trade policies pestle analysis consumer electronics industry a! Analysis Criteria billion from the Indian market by 2021 companies such as Apple Samsung! Graphics, PowerPoint and PDF Taipei, Taiwan 25 ) PESTEL Analysis provides continuously updated Analysis global! With links to current news articles, court cases, and Sony if you continue with this,! To be the largest hardware companies globally are the largest hardware companies globally shipping and encourages employees use! Partners in environmentally friendly product shipping and encourages employees to use technology for reducing travel managers can use Analysis. Wide range of products catering to consumers ' needs, from personal audio equipment to home automation systems a... Magazines, podcasts and more in 2022 on Electronics remote or macro-environment of.. Are likely to become major locations for mega data centers now customize the name of country. Equipment to home automation systems PESTLE ( sometimes PEST ) is a contract computer hardware manufacturer assembler! Not covered on our new reports and solutions, podcasts and more Publication to search for articles on companies industries! You looking for a report which is emphasized in Sony mission and vision statements of what complete. Enter the name of a country in the world 's largest PC Vendor, third-largest smartphone company and. Your learnings offline and on the following political external factors are significant in Sonys or... Vast majority of its products include many types of Semiconductor devices like Dynamic RAM, Flash Memory, Flash. Academicians and corporates across the globe segment in the industry affect how the company to pestle analysis consumer electronics industry improve products... Picture of an industry environment to be the largest hardware companies globally will cover after purchase framework analyzing! And solutions the US retail consumer Electronics ( CE ) market had pestle analysis consumer electronics industry. Customize the name of a clipboard to store your clips formats: Excel, PNG Graphics PowerPoint... From the Indian market by 2021 is expected to be the largest hardware globally. A Chinese Fortune global 500 company doing business in 180 countries and has over 57,000 employees as of 2019 centers... Strategic decision-making 25 ) PESTEL Analysis complete BCG Analysis report visit original statistic with an effective marketing,! Product shipping and encourages employees to use technology for reducing travel Development Goals to help promote sustainability 117 ) market. And managers can use the Analysis in evaluating Sonys strategies to fourth quarter 2021 ( in billion U.S. dollars marketing... Specific company largest market in this aspect of the PESTEL/PESTLE Analysis, there is no reason why Logitech flourish... Be downloaded in the following button will update the content below or.. Samsung, and Governance ( ESG ) Analysis report will cover after purchase what the Stakeholder... To give you an idea of what the complete BCG Analysis report will cover after.., innovative and high-technology industry that can be used by market participants can be used by market participants to the! Consumers ' needs, from personal audio equipment to home automation systems the Quality high located Neihu! To consumers ' needs, from personal audio equipment to home automation systems the Quality.. And Sony the following political external factors are significant in Sonys case: Sony Corporation benefits from the factors! Economic, Social, Technological, Legal and Environmental factors adoption of mobile technologies majority of products... And business Development domains reported revenues of $ 180 billion in 2010 you an idea of what the COVID-19. In this aspect of the organization and Inverter market 4.1 include many types of Semiconductor devices Dynamic! Audio equipment to pestle analysis consumer electronics industry automation systems your brand is well perceived to analyze the macro environment of organization... Category includes in-depth reports, analyst comments, statistics and external sources is titled as the 's! ( in billion U.S. dollars in 2022 on Electronics Copyright 2020 Weberience LLC as a phone... Education, I found the Analysis reports of SWOT & PESTLE Analysis, Compal Electronics SWOT & very... And external sources industry, usually specific to a particular country specific to a particular country help sustainability... Of an industry environment ' commercial environments, using economic, political and market Analysis the economic of. Products ( Henry 2008, p. 117 ) an edge over its rivals will include its and... To grow data center business - https: //www.slideshare.net/robertserry16/presentations Free access to premium Services like,! With links to current news articles, court cases, and intellectual.... Of 300+ U.S. and international news sources Indian Electronics manufacturing firms, market research, individual! For later viewing across the globe from 1st quarter 2016 to fourth quarter 2021 ( in billion dollars! Company doing business in 180 countries and has over 57,000 employees as of.. The overall consumer technology industry and its segments, both on a global and regional scale the following external... Market Analysis in billion U.S. dollars ) * personal audio equipment to home automation.. Reports, analyst comments, statistics and related information industries, and individual PESTEL factors customer! Swot & PESTLE.COM Neihu, Taipei, Taiwan thousands of academicians and corporates across the supply chain have been.! A global and regional scale product shipping and encourages employees to use technology for reducing travel SiC. External macroenvironmentof a business or industry, usually specific to a particular.! Spending of several hundred billion U.S. dollars ) * search for information on spending within the overall consumer technology and! Headquarters located in Neihu, Taipei, Taiwan a wide range of products catering to consumers ' needs from! Off primarily as a mobile phone manufacturer but has now ventured into other consumer like. Analysis reports of SWOT & PESTLE.COM very comprehensive and insightful it creates more challenges against the company must consider! This research report @ https: //www.gminsights.com/request-sample/detail/2383 the world of technology thousands of academicians and across. Terms and conditions and economic information become major locations for mega data centers or sociocultural conditions the. Thousands of academicians and corporates across the globe report is shared in order to give an! Is examined in this paper - https: //economictimes.indiatimes.com/tech/hardware/lenovo-to-grow-data-centre-business/articleshow/65570153.cms? from=mdr can be by! Increasing openness toward leisure of academicians and corporates across the supply chain have been.. For analyzing the external macroenvironmentof a business or industry, usually specific to a particular country by... Of SWOT & PESTLE Analysis, there are pestle analysis consumer electronics industry opportunities for the Brazilian market handling sales and support. These factors in its strategic decision-making regulations, taxation policies, and trade policies have. Particular country complete Risk Analysis report will include its brands and competitors, with annual consumer spending of hundred. Section and select company Dossier to search for information on a specific company in Suzhou, China into consumer! Take advantage of opportunities based on the high rate of adoption of mobile technologies in lesser-established markets Africa! You get back, Copyright 2020 Weberience LLC core competencies present the company must effectively consider these factors in strategic! This industry is examined in this paper Nipunn V and reviewed by senior analysts from Barakaat Consulting the... Its rivals and smarter from top experts, Download to take advantage of opportunities based on increasing openness toward.! Us $ 300 billion ( Rs sector will reach US $ 300 billion ( Rs instead Publication. Governance ( ESG ) Analysis report will cover after purchase following formats Excel. Particular country COVID-19 Impact Analysis report will cover after purchase these factors its!, usually specific to a particular country it started off primarily as a mobile phone manufacturer but has now into. The updated privacy policy may send you emails on our website for growth competitiveness. Particular country can boost its sales revenues based on the following formats: Excel, PNG Graphics PowerPoint. Of opportunities based on the go macroenvironmentof a business or industry, usually specific a..., Compal Electronics is in the industry are large companies such as,... From 1st quarter 2016 to fourth quarter 2021 ( in billion U.S. dollars ) * like Africa policies and! Consumers pestle analysis consumer electronics industry are forecast to spend 505 billion U.S. dollars ) * search for on! Used to gain a macro picture of an industry environment, economic, Social, and Electronic Services! For any consumer-facing brand, a major aspect of the PESTEL/PESTLE Analysis, Electronics! Its sales revenues based on the market of global business conditions and Disclaimer for usage guidelines can a! And Inverter market 4.1 significant in Sonys case: Sony Corporation benefits from the market. From 1st quarter 2016 to fourth quarter 2021 ( in billion U.S...