Google search the company name and "investor relations." 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. 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. Social trends affect the responses of customers to Sonys products. The PESTEL/PESTLE analysis identifies such external factors in the political, economic, sociocultural, technological, ecological and legal aspects. Operations Management questions and answers. PESTEL & Environment 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. In this aspect of the PESTEL/PESTLE analysis, there are major opportunities for growth and competitiveness in Sonys remote or macro-environment. COVID-19 Impact Analysis. The conditions of the natural environment affect Sony and its markets. 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. In fact, Logitechs flagship racing wheel and pedals, known as the G29, is rated one of the best steering wheels for sim racing. Sony Corporations Five Forces Analysis (Porters Model), Sony Corporations Marketing Mix (4Ps) Analysis, Toyota PESTEL/PESTLE Analysis & Recommendations, Home Depot PESTEL/PESTLE Analysis & Recommendations, Burger King PESTEL/PESTLE Analysis & Recommendations, Wendys PESTEL/PESTLE Analysis & Recommendations, Harley-Davidson PESTEL/PESTLE Analysis & Recommendations, Ford Motor Company PESTEL/PESTLE Analysis, Microsoft Corporations PESTEL/PESTLE Analysis & Recommendations, Unilevers PESTEL/PESTLE Analysis & Recommendations, Walmart PESTEL/PESTLE Analysis & Recommendations, Starbucks Coffee PESTEL/PESTLE Analysis & Recommendations, Verizon PESTEL/PESTLE Analysis & Recommendations, Apple Inc. PESTEL/PESTLE Analysis & Recommendations, PepsiCo PESTEL/PESTLE Analysis & Recommendations, Whole Foods Market PESTEL/PESTLE Analysis & Recommendations, Tesla, Inc. PESTEL/PESTLE Analysis & Recommendations, Walt Disney Company PESTEL/PESTLE Analysis & Recommendations, General Motors PESTEL/PESTLE Analysis & Recommendations, Intel Corporation PESTEL/PESTLE Analysis & Recommendations, IBM PESTEL/PESTLE Analysis & Recommendations, Sonys Generic Strategy & Intensive Growth Strategies, Trends on Tuesday: Smartphone Market Growth Makes Mobile-Friendly a Must, Political stability of biggest markets (opportunity), Increasing governmental support for data security (opportunity), Increasing governmental support for online business (opportunity), High growth of developing markets (opportunity), Economic stability of developed markets (opportunity), Increasing disposable incomes (opportunity), Increasing adoption of online gaming (opportunity), Improving wealth distribution (opportunity), Increasing openness toward leisure (opportunity), Increasing dependence on digital technologies (opportunity), High rate of adoption of mobile technologies (opportunity), High rate of R&D activity (threat & opportunity), Increasing emphasis on business sustainability (opportunity), Increasing demand for environmentally friendly products (opportunity), Increasing availability of recycling facilities (opportunity), Improving patent protection (opportunity), Increasing regulations on e-waste (threat & opportunity), Increasing product regulation (threat & opportunity), Dockalikova, I., & Klozikova, J. Public Company Websites. The results list mayinclude: Search tip: Click on [Reports] in the top navigation bar, then select [Country Reports]. Sony has a great opportunity to expand its businesses through the joint venture it has with Ericson. Sales of LG Electronics by business segment from 1st quarter 2016 to fourth quarter 2021 (in billion U.S. dollars)*, Further details: Cyberattacks on IoT devices have the potential to expose sensitive data, disrupt operations, and even endanger lives. 2. 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. 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. This report is shared in order to give you an idea of what the complete Covid-19 Impact Analysis Report will cover after purchase. 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. This external factor creates opportunities for Sony to grow its revenues. Search for a country or region. 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]. All Rights Reserved by Barakaat Consulting. This aspect of the PESTEL/PESTLE analysis determines the effects of regulations on firms. Rapidly increasing internet penetration across the globe will drive the market growth. Here is a Legal factor affecting Logitech: The consumer electronics industry is plagued by copycat electronics. MCDM Methods in Practice: Determining the Significance of PESTEL Analysis Criteria. The following factors reduce the bargaining power of Apple customers: 1. Nonetheless, Sony has opportunities to strengthen its brand image by proactively improving its products to minimize environmental impact. 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. This aspect of the PESTEL/PESTLE analysis shows that sociocultural conditions lead to significant growth opportunities in Sonys remote or macro-environment. Web:https://www.gminsights.com Lenovo ensures that products are disposed of in an energy efficient manner. This report is shared in order to give you an idea of what the complete Company Overview Report will cover after purchase. It allows a company to form an impression of the factors that might impact a new business or industry. Another aspect of sustainability is choosing materials that cause less strain on the environment. Political conditions affect the markets where Sony operates. As shown in this PESTEL/PESTLE analysis, these concerns are crucial determinants in the companys remote or macro-environment. Segmentation, Targeting and Positioning (STP) Analysis Report. This external factor presents opportunities for Sony to grow its business while expecting minimal challenges in protecting its proprietary information and designs. For example, the company can market the PlayStation more aggressively, based on the expectation that customers are increasingly capable of buying the product. The government anticipates that the Indian electronics manufacturing sector will reach US$ 300 billion (Rs. Visit original statistic PESTEL analysis. UCF Research Guides. 7.26. Sony depends on technologies used in its business, and technologies that facilitate the use or consumption of its products. The products general formulation contains moisturizing, and SPF properties, it could also be adapted to contain skin lightening or darkening properties. Free resource. The industry is further anticipated to witness an interesting change of events with the integration of AI and IOT in the product spectrum. * By clicking on "Buy Now" you agree to accept our ", On purchase the Lenovo Group SWOT & PESTLE Analysis PDF report will reach you. The SlideShare family just got bigger. Sony must address the following technological external factors: Sony Corporation has growth opportunities based on the increasing dependence on digital technologies. 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. Email:sales@gminsights.com Global Issues in Context integrates news, global viewpoints, reference materials, country information, primary source documents, videos, statistics and more to explain the historical and contemporary conditions necessary to understand global issues, conflicts and events. Technological factors affect marketing in (1) new ways of producing goods and services; (2) new ways of distributing goods and services; (3) new ways of communicating with target markets. Industry Trends. 2. http://electronicandmediasize.blogspot.in 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 complete PESTAL Analysis of Electronics Industry, #Economy # MBA Syallabus # Compitative Study DheerajRajpurohit2 Follow Advertisement Advertisement Recommended Analysis of Electronics Sector in India Pushpak Elleedu 11.2k views 20 slides Brand analysis of LG Susmit Ganguly 1.9k views 16 slides B Plan On Consumer Electronics Ashish Bansal Terms in this set (25) PESTEL analysis. In any case, Logitech has a public sustainability pledge, in which they explain their use of recyclable plastics and renewable energies. 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. 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. It provides business solutions, industry imaging products, medical imaging products and measuring instruments.It was founded in 2003. It is also prudent to mention that India accounted for a household refrigerator & washing machine user rate of 31% and 10% respectively in 2013. See our Privacy Policy page to find out more about cookies or to switch them off. Apple enjoys a high level of customer loyalty. Reach thousands of academicians and corporates across the globe. 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. This region is predicted to have the highest growth rate during 2018-2024 due to rising population, strong economy, rapid urbanization and rapidly improving standards of living. (Replaced Lexis Nexis Academic) PESTEL factor information is provided for countries. In. 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. Approximate the. Investors and managers can use the analysis in evaluating Sonys strategies. This couldnt be truer in the gaming space, where manufacturers are held to high standards due to the tech savviness of consumers. All Rights Reserved by Barakaat Consulting. 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. The Global Consumer Electronics Market was valued at USD 720 Billion in 2021. For example, the US-China trade war has caused major disruption in the consumer electronics industry. This report is shared in order to give you an idea of what the complete Value Chain Analysis Report will cover after purchase. Consumer electronics industry is a fashionable, innovative and high-technology industry. While Logitech has gone to great lengths to ensure its products are not copied, numerous counterfeits have appeared on the market. 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. Thus, the SWOT tool helps to identify all internal and external factors that influence the business and its operations. Panasonic has its headquarters in Osaka, Japan. 3.4. Looks like youve clipped this slide to already. 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. 1. https://www.slideshare.net/robertserry16/presentations 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. 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. Skyworth Digital Holdings Ltd. 7.44. Among these, there have been both beneficial and harmful factors. The market holds a share of US$ 3.3 trillion in 2023 while expecting revenue of US$ 5.8 Trillion by 2033. If you continue with this browser, you may see unexpected results. Retail revenue from consumer technology product sales in the United States from 2018 to 2022, by product/segment (in billion U.S. dollars)*. document.getElementById( "ak_js_1" ).setAttribute( "value", ( new Date() ).getTime() ); Hello, Learn how to, Our Mayo Clinic SWOT Analysis examines the Strengths, Weaknesses, Opportunities and Threats of one of, Technology is now taking over, and almost all fields are turning most tasks into digital., Schools and colleges should always take proactive steps to guarantee the safety of its students, Cyberattacks can harm your business on many levels. 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. 1. Another consideration is the increasing availability of recycling facilities. E - Economic. 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 global consumer electronics market, as per industry analysts, stood at USD 1100 billion in 2016. Visit original statistic These resources provide information on the ease of doing business and commercialopportunities, regulations, and business customs in acountry: Need some more backgroundinformation? Raw Material Suppliers 3.5.2. It is headquartered in Beijing, China. Additionally, new niches in the gaming world are emerging, presenting new opportunities for computer hardware which Logitech could exploit. In this aspect of the PESTEL/PESTLE analysis, Sony has considerable threats and opportunities in its remote or macro-environment. It includes full text for more than 3600 journals, including 1900 peer-reviewed titles. Industry Research Biz (IRB) asserts that the global Consumer Electronics and Home Appliances Market is predicted to garner a stellar CAGR during the forecast . Chinas urbanization drive and rising focus on living a high-quality life have been the prominent factors fueling regional consumer electronics market trends. This aspect of the PESTEL/PESTLE analysis considers the influence of governmental activity on the remote or macro-environment of the company. 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 Environmental, Social, and Governance (ESG) Analysis Report will cover after purchase. 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). Request PDF | Adoption of Industry 4.0 technologies: an analysis of small and medium-sized companies in the state of So Paulo, Brazil | This paper analyzed the level of adoption and compared . 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. Global Market Insights, Inc. T - Technological. 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. This report is shared in order to give you an idea of what the complete Ansoff Matrix Analysis Report will cover after purchase. Select News instead of Publication to search for articles on companies, industries, and individual PESTEL factors. Here are two Sociocultural factors affecting Logitech: Theres no doubt about it: the popularity of gaming is only growing in society. This new niche is a massive opportunity for Logitech, which the company has not been afraid to reach for. Consumer Electronics Market Outlook (2023 to 2033) The Consumer electronics market is anticipated to expand its boundaries at a steady CAGR of 5.8% during the forecast period. Technology and regulatory information can be found in the Operating Conditions section. Here is an Environmental factor affecting Logitech: For any manufacturer in any industry, sustainability is a major issue. Consumer spending on technology worldwide from 2020 to 2022 (in billion U.S. dollars), Further details: Please refer to the Terms and Conditions and Disclaimer for usage guidelines. The P stands for the political factors, and are those driven by government actions and policies. 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. We use cookies for website functionality and to combat advertising fraud. Here is a Political factor affecting Logitech: Logitech manufactures the vast majority of its products in Suzhou, China. Do you want us to design a market survey or write a market research report as per your specific requirements? 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. Arun Hegde The market is projected to grow USD 1000.9 Billion in 2030 . PESTLEstands for: Use the resources listed on this page forconducting a PESTLE analysis, including: COUNTRY REPORTS Unfortunately, while counterfeits are a serious legal issue, some governments refuse to take action on those who manufacture them. Changes in the macro-environm . Lenovo has a wide range of smart home devices like Smart Bulb, Smart Plug and Smart Camera. of Electronics industry. Phone:1-302-846-7766 Europa World provides profiles of over 250 countries and territories, including extensive sections on political history, foreign affairs, and economic affairs. 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. 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 . Annual report 2018/19 - https://doc.irasia.com/listco/hk/lenovo/annual/2019/ar2019.pdf, 2. Interactive maps, charts, and graphs present data on specific geographies. Click here to review the details. We do not share your information with anyone. In fact, it wouldnt be wrong to mention that with these hi-tech features, the product spectrum of consumer electronics market has revolutionized. 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. 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. 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. The Indian appliance and consumer electronics (ACE) market is expected to increase at 9% CAGR to reach Rs. 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. Murphey, M., & Gause, R. (1974). Share, and COVID-19 Impact Analysis, By Product (Consumer Electronics Devices, Smart Home Devices, and Wearable Electronics Devices), By . It one of the largest manufacturers of plain paper copying machines, aging and optical products, including cameras, camcorders, photocopiers, steppers, computer. And rising focus on living a high-quality life have been the prominent factors fueling regional electronics. For computer hardware which Logitech could exploit, in which they explain their use of recyclable plastics and energies. 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