SWOT analysis is an effective tool, not only used to analyze the entire industry, but also to analyze individuals, and even to analyze the current problems that China is facing in the development of the world.
This tool is very commonly used in our lives, so it can be used no matter what we analyze.
I used it when I was doing my graduation thesis in college when I was analyzing issues related to corporate mergers and acquisitions. It was very good and was praised by my instructor.