Canon Inc. ranked 252 with 46.4 billion USD market capitalization as per June 2018 rankings and ranked 4th in Forbes most reputable company list as per February 2017. Their system is integrated with the UN SDG’s and in the future, they believe in providing solutions to the existing issues in the field of medical systems and electronics. Canon SWOT & PESTLE Analysis. Canon Inc is a leading manufacturer of printers, copiers, laser complex machines and other document solutions. The business model can effectively be used by professionals to analyze a product, organization, individual and what position it holds in the Changes in Tariffs affect raw material costs: Increases in prices for raw materials that Canon uses in manufacturing may lead to higher production costs and Canon may not be able to pass these increased production costs onto the sales prices of its products. Copyright of Canon SWOT and PESTLE Analysis is the property of Barakaat Consulting. For different referencing styles and detailed guidelines, please click here. Currency depreciation in Asian countries, 1. Canon SWOT and PESTLE analysis has been conducted by Soumya Surya Adhikari. PESTLE Analysis of Apple Inc Political Factors Affecting Apple Inc. Apple Inc. is an American technology company. 4. Need Strategic Analysis for this company? Forbes The World’s Biggest Public Companies - https://www.forbes.com/companies/canon/. Since the company generates high revenues in most of the countries it operates, the GDP of the country increases. As per the Forbes reputable companies list the company ranks at 4 as on 2017. With these technological advancements in place, the company gets the advantage of being able to provide its consumers with different variants of the products based on their needs. It also considers the companies issues when regulations in the segment it operates are changed. 3. Compiling and Using a “PESTLE” Analysis 1.1 A PESTLE analysis is a tool that acts as a prompt to the staff and governors involved in the analysis of the developments in the school’s environment that could affect its risk profile. Canon Annual report 2015 - https://www.canon.com/ir/annual/2015/canon-annual-report-2015.pdf In relation to protection of its technologies, there is always a risk to canon that competitors will be able to develop similar technology independently. All Rights Reserved by Barakaat Consulting. Similarly trade war with EU will further impact the business environment in US. PESTLE or PESTEL analysis is among the most popular analytical tools available for strategic business planning, and this post will help you understand the concept better through a number of PESTEL analysis examples. PESTEL Analysis of Panasonic Panasonic is a Japan based world famous brand of consumer electronics. Being a global electronics giant, the brand is faced with several types of forces in the global market. 2. It one of the largest manufacturers of plain paper copying machines, aging and optical products, including … Both new business owners and veterans should include PEST analysis in their business plan. However, its business is not confined to a single area and it has diversified into housing as well as automotives and B2B. 2. With a strong experience in the imaging industry the company has very well diversified its product lines further to meet the market needs. The political factors in the Canon PESTLE Analysis can be explained as follows: Canon is one of the largest players in the electronics segment and the largest manufacturer of the plain paper copying machine and optical products e.g. With US administration increasing trade wars with countries like China, the market situation is getting tougher for Canon as raw material like Steel prices are being affected thus affecting the fixed costs for the company. As one of the biggest tech giant, Apple has been in the center point of many political influences. The demographics in the medical equipment segment have also been changing. Thus, the various governments support the R & D efforts of the company. The companies are not associated with MBA Skool in any way. SWOT & PESTLE.com (2020). 1. Founded: New York Branch was established in 1955 and formally incorporated as Canon U.S.A., Inc. in 1965. The needs of people will keep changing, with unending expectation for more. Please refer to the Terms and Conditions and Disclaimer for usage guidelines. 2. Key factors of effect Economic environment - because so much of the digital camera industry can be automated. Canon About Counterfeits Understanding the Problem - https://www.usa.canon.com/internet/portal/us/home/explore/product-showcases/about-counterfeits From ultra-fast printing solutions to distortedness camera EF systems the company has always put new technologies to enhance the product experience for the customer. The consumers and professionals using digital means are loyal to this brand and have high usage rate. Changes in trade laws, like those in the US, create a wide-scale disruption of the system. Digital camera industry’s environment analysis. This is a PESTEL analysis of how the brand is affected by these forces which can be political, economic, social, technological or even legal and environmental. 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