Bosch PESTEL Analysis

Economic Factors that

Impact Bosch

1. The economic system

that is currently
operational in the
sector

2. The rate of GDP growth

Gross domestic product (GDP) at current market prices of
selected European countries in 2018 (in billion euros)
Gross domestic product (GDP) per capita in U.S. dollars
 Romania’s long term interest Rate from 2001 to 2019
3. The interest rates in
the country would
affect how much
individuals are willing
to borrow and invest.
Higher rates would
result in greater
investments that
would mean more
growth for Bosch

4. However efficiently
the financial markets
operate also impact
how well Bosch can
raise capital at a fair
price, keeping in mind
the demand and
supply.
Automotive sales in the EU
Automotive sales in Romania
Inflation rate compared to previous year in Romania (1984-
2024)

5. A high level of
unemployment in
the country would
mean there is a
greater supply of
jobs than demand,
meaning people
would be willing to
work for a lower
wage, which would
lower the costs of
Bosch
 Bosch PESTEL Analysis
Social Factors that
Impact Bosch

1. The demographics
of the population,
meaning their
respective ages and
genders, vastly
impact whether or
not a certain
product may be
marketed to them.
The automotive sector in Romania
2. Worldwide car sales
and car production in
2018 recorded the
first drop of the last
nine years, and 2019
is expected to remain
challenging for the
automotive industry,
which has a value of
USD 5,800 billion and
comes with an
average risk, as an
Euler Hermes study
shows.
 Bosch PESTEL Analysis
Political Factors that Impact
Bosch -ide majd jönnek még
• The level of political stability that felmérések
the country has in recent years.
• The laws that the country
enforces, especially with regards
to business, such as contract law,
as they dictate what Bosch is and
is not allowed to do.
• Whether or not a company’s
intellectual property (IP) is
protected.
• A high level of taxation would
demotivate companies like Bosch
from maximizing their profits.
• A low minimum wage would
mean higher profits and, thus,
higher chances of survival for
Bosch
 Bosch PESTEL Analysis
Technological Factors that
Impact Bosch -ide majd jönnek még
felmérések
• The recent technological developments
and breakthroughs made by competitors,
as mentioned above.
• How easy will the technology be diffused
to other firms in the industry, leading to
other firms copying the technological
processes/ features of Bosch
• How much an improvement of technology
would improve/ transform what the
product initially offers.
• The impact of the technology on the costs
that most companies in the industry are
subject to have the potential to increase
or reduce the resulting profits greatly.
 Bosch PESTEL Analysis
Environmental Factors that
Impact Bosch -ide majd jönnek még
• The current weather conditions may felmérések
significantly impact the ability of Bosch to
manage the transportation of both the
resources and the finished product.
• Climate change would also render some
products useless.
• Those companies that produce extremely
large amounts of waste may be required
by law to manage their environmental
habits.
• While relying, in any percentage, on
renewable energy may be expensive, it
often receives support not only from the
government but also from its customer
base, who may be willing to pay a
premium price for the products that Bosch
may produce.
 Bosch PESTEL Analysis
Legal Factors that Impact Bosch
-ide majd jönnek még
• Intellectual property laws and other felmérések
data protection laws are, as
mentioned earlier, in place to protect
the ideas and patents of companies
who are only profiting because of that
information.
• Health and safety laws were created
after witnessing the horrible
conditions that employees were
forced to work in during and directly
after the industrial revolution.
• Laws are also placed to ensure a
certain level of quality or reasonable
price for certain products to keep the
customer safe and prevent them for
being provided.