Lighting Industry - Five Forces Analysis

Lighting Industry - Five Forces Analysis

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Short description of Porter's Five Forces analysis for…

Intensity of Existing Rivalry

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Large industry size (Lighting Industry) Large industries allow multiple firms and produces to prosper without having to steal market share...
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GE Lighting (Lighting Industry) Please edit this page to add a description…
Fast industry growth rate (Lighting Industry) When industries are growing revenue quickly, they are less likely to compete, because the total...
Relatively few competitors (Lighting Industry) Few competitors mean fewer firms are competing for the same customers and resources, which is a...

Bargaining Power of Suppliers

High competition among suppliers (Lighting Industry) High levels of competition among suppliers acts to reduce prices to producers. This is a positive...
Diverse distribution channel (Lighting Industry) The more diverse distribution channels become the less bargaining power a single distributor will...
Volume is critical to suppliers (Lighting Industry) When suppliers are reliant on high volumes, they have less bargaining power, because a producer can...

Threat of Substitutes

Limited number of substitutes (Lighting Industry) A limited number of substitutes mean that customers cannot easily find other products or services...

Bargaining Power of Customers

Threat of New Competitors

High sunk costs limit competition (Lighting Industry) High sunk costs make it difficult for a competitor to enter a new market, because they have to...
Strong brand names are important (Lighting Industry) If strong brands are critical to compete, then new competitors will have to improve their brand...
Patents limit new competition (Lighting Industry) Patents that cover vital technologies make it difficult for new competitors, because the best...
Geographic factors limit competition (Lighting Industry) If existing competitors have the best geographical locations, new competitors will have a...
Industry requires economies of scale (Lighting Industry) Economies of scale help producers to lower their cost by producing the next unit of output at lower...
Entry barriers are high (Lighting Industry) When barriers are high, it is more difficult for new competitors to enter the market. High entry...
Customers are loyal to existing brands (Lighting Industry) It takes time and money to build a brand. When companies need to spend resources building a brand,...

What is Porter's Five Forces Analysis?

WikiWealth's Five Forces analysis evaluates the five factors that determine industry competition. Add your input to lighting-industry's five forces template. See WikiWealth's tutorial for help. Is WikiWealth missing any analysis? Check out our entire database of free five forces reports or use our five forces generator to create your own. Remember, vote up lighting-industry's most important five forces statements.