Bachelorarbeit, 2011
59 Seiten, Note: 1,7
PROBLEM STATEMENT
ABSTRACT
1.INTRODUCTION
2.EXTERNAL ANALYSES
2.1 Political Environment
2.2 Market Analyses
2.2.1 Energy market in Germany
2.2.2 Solar Power for Hot Water and Heating
2.2.3 The market size analysis of solar panel industry in Germany
2.2.4 Solar frame industry analysis:
3. COMPETITOR ANALYSIS:
4. FIVE FORCES ANALYSIS
5.CUSTOMER ANALYSIS
5.1 Customer segmentation:
5.1.1 Segmentation one: installation service companies:
5.1.2 Segmentation two: solar panel companies:
5.2 Customer
6. INTERNAL ANALYSES
6.1 Joyance industry glances
6.2 Finance performance
6.3 Marketing performance
6.4 SWOT analysis:
6.4.1TOWS Matrix analysis
7. OBJECTIVE
8. STRATEGY
9. CONCLUSION AND RECOMMENDATION
10. REFERENCE
This thesis aims to evaluate the strategic viability of Joyance, a bedding manufacturer, entering the German solar panel frame market. By conducting comprehensive internal and external analyses, the study seeks to determine the potential for market entry, identify target customer segments, and formulate a competitive strategy based on market demand and profitability factors.
2.1 Political Environment
Germany is not known as a place full of sunshine in Europe. But you find a lot of their roofs installed solar panels. Since the introduction of the Renewable Energies Laws (EEG) in April of 2010, Germany has been experiencing a rapid increase in solar energy.
Meanwhile, there are also some policies are good for solar development in Germany, the German government has agreed to substantially raise the target installation rate of solar photovoltaic (PV) systems from 1,100 MW-1,700 MW per year in 2010 to 2,500 MW-3,500 MW per year (EEG Data). Parliament will reduce solar PV tariffs showed in chart 2. It shows you the tariff for PV users ranged from 0.165EU/kWh to 0.329EU/kWh, and the tariff depends on the type of the PV, and it will be provided for 20 years.
The EEG also regulates subsidy levels. If, for instance, new PV capacity exceeds a 1,500 megawatt-threshold, a reduction in subsidies for solar installations is automatically triggered. Such was the case at the end of September, when the Federal Network Agency (Bundesnetzagentur) confirmed the threshold had been exceeded. As a result, beginning January, the yearly scheduled decrease in feed-in-tariffs will be 9 percent for rooftop systems and 11 percent for ground-mounted systems, instead of 8 percent and 10 percent, respectively.
1.INTRODUCTION: Outlines the background of Joyance, its transition from bedding to solar frame manufacturing, and the research methodology.
2.EXTERNAL ANALYSES: Examines the German political landscape, market growth trends, and the specific dynamics of the solar energy and frame industries.
3.COMPETITOR ANALYSIS:: Evaluates key industry players and Joyance's competitive position relative to Chinese and German suppliers.
4. FIVE FORCES ANALYSIS: Applies Porter’s model to determine the attractiveness and competitive intensity of the German solar frame market.
5.CUSTOMER ANALYSIS: Identifies target customer segments, specifically installation companies and retailers, and analyzes their purchasing behavior.
6. INTERNAL ANALYSES: Assesses Joyance’s financial and marketing performance, utilizing SWOT and TOWS models to define strategic options.
7. OBJECTIVE: Defines short-term and long-term financial and operational goals for the company.
8. STRATEGY: Details the STP (Segmentation, Targeting, Positioning) framework and growth strategies selected for market entry.
9. CONCLUSION AND RECOMMENDATION: Summarizes the findings and provides the final strategic recommendation for Joyance to enter the market.
Solar frame, Germany, Market entry, Joyance, Renewable energy, SWOT analysis, Five forces, Wholesaler, Solar panel, Market segmentation, Cost leadership, Diversification strategy, Marketing mix, Business strategy, Photovoltaic
This work evaluates the feasibility of Joyance, a Chinese bedding manufacturer, entering the German solar panel frame market by analyzing external market conditions and internal company capabilities.
The core themes include the regulatory environment for renewable energy in Germany, market size forecasts, competitive rivalry between Chinese and German frame manufacturers, and strategic marketing planning.
The primary goal is to provide a comprehensive market report and strategic recommendation on whether Joyance should enter the German solar frame market and, if so, how to execute this entry effectively.
The analysis utilizes Porter’s Five Forces, SWOT and TOWS matrix analysis, the 4P marketing mix, Ansoff’s growth matrix, and Kotler’s Segmentation, Targeting, and Positioning (STP) framework.
The main body covers external environmental and market analyses, competitive landscapes, internal financial and marketing performance metrics, and a detailed strategic recommendation for market entry.
Key terms include solar frame, market entry, Joyance, renewable energy, strategic management, and the German solar industry.
Joyance was attracted to the German market due to the significant government incentives, rapid growth in solar energy installations, and the clear market potential for solar panel components.
The thesis recommends that Joyance enters the market as a wholesaler, utilizing a cost-leadership focus strategy, while outsourcing manufacturing to minimize investment risks and leverage existing Chinese industrial capabilities.
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