Vietnam Light Emitting Diodes (LEDs) Market – Drivers, Opportunities, Trends & Forecasts: 2015–2022

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  • Vietnam Light Emitting Diodes (LEDs) Market – Drivers, Opportunities, Trends & Forecasts: 2015–2022

    Vietnam market is one of the fast growing markets in South Asian region. The growing economy is also giving rise to systematic hindrances such as electricity supply shortage and price hikes among others. Light Emitting Diodes (LEDs) based lighting is currently being witnessed as a solution to increasing electricity cost as LED based lighting needs 30–90% less electricity when compared to other lighting sources. Further, high economic growth has also resulted in rapid urbanization in the country. This ongoing trend would not only increase the pressure on existing infrastructure but also would demand new and better infrastructure in both commercial and residential categories. This is further expected to boost the LED demand in Vietnam during the forecast period.

    The study of Vietnam LEDs market provides the market size information and market trends along with the factors and parameters impacting in both short and long term. The study also covers the competitive scenario of the market with respect to the raw material availability, major players with their branding strategies, and differentiating factors among others. The study ensures a 360° view, bringing out the complete key insights of the industry. These insights help the business decision makers to make better business plans and informed decisions for the future business. In addition, the study helps the venture capitalist in understanding the companies better and take informed decisions.

    According to Infoholic Research, Vietnam LEDs market is expected to grow at a CAGR of 18.2% during the forecast period to reach $729.0 million by 2022. The lighting segment is expected to contribute the largest contribution towards the growth which is expected to be benefitted by the entry of large MNCs in countries, decreasing LED prices, and industrial development of Vietnam market.

    The established trade relations between Vietnam and China would be helpful in sourcing LEDs for the LED products manufacturing facilities in Vietnam. The LED products manufacturing capabilities in Vietnam is constantly improving. Many international players have already established their manufacturing set-ups in the country in order to reap benefits of growing market opportunities. Some of the prominent players in Vietnam LED market are OSRAM, Philips and New Light LED Technology Ltd.


  • With tables and figures helping analyze worldwide Vietnam Light Emitting Diodes (LEDs) market, this research provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

    Sl.No Description Slide No.

    1 Introduction 3

    1.1 Research Methodology 5

    1.2 Market Definition & Coverage 6

    1.2.1 Market Definition 6
    1.2.2 Major Application Areas 7
    1.2.3 Major Application Areas - Sub Segments 8

    2 Executive Summary 9

    3 Market Overview 11

    3.1 Country Trends 12

    3.2 PESTLE Analysis 14

    3.3 Market Drivers 15

    3.4 Market Challenges & Inhibitors 16

    4 Vietnam LED Market Analysis 17

    4.1 Momentum Analysis By Applications 18

    4.2 Vietnam LED Market Revenues, By Applications 19

    4.3 Vietnam LED Market Volume, By Applications 20

    4.4 Vietnam LED Market Volume, By Applications (Year-on-Year) 21

    4.5 Vietnam LED Market Revenues from Mobile Devices, By Sub-segments 22

    4.6 Vietnam LED Market Revenues from Displays, By Sub-segments 23

    4.7 Vietnam LED Market Revenues from Lighting, By Sub-segments 24
    4.8 Vietnam LED Market Revenues from Signs & Boards, By Sub-segments 25
    4.9 Vietnam LED Market Revenues from Other Applications 26

    5 Vietnam LED Market Supply Analysis, by Key Players 27

    6 Supplier Profiles 29

    6.1 New Light Led Technology LTD 30

    6.2 Future Electronics LTD 32

    6.3 OSRAM 34

    6.4 PHILIPS 36

    6.5 Green Power Kim Dinh 38

    Disclaimer 40


  • The Vietnam Light Emitting Diodes (LEDs) Market has been segregated into various crucial divisions including applications, types, and regions. Each market segment is intensively studied in the report contemplating its market acceptance, worthiness, demand, and growth prospects. The segmentation analysis will help the client to customize their marketing approach to have a better command of each segment and to identify the most prospective customer base.

    Report Objectives / Segmentation Covered :
    By Companies / players:
    • New Light Led Technology LTD Future Electronics LTD OSRAM PHILIPS Green Power Kim Dinh
    By Regions:
      By Type:
        By Application:
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        Research objectives

        Where will all these developments take the industry in the long

        To study and analyze the global Market consumption (value & volume) by key regions/countries, product type and application, history data from 2015 to 2019, and forecast to 2025.

        What are the future opportunities in the market?

        To understand the structure of Market by identifying its various subsegments.

        What are the major driving forces expected to impact the development of the market market across different regions?

        To analyze the market with respect to individual growth trends, future prospects, and their contribution to the total market.

        Which industry trends are likely to shape the future of the industry during the forecast period 2020-2025?

        To project the consumption of market submarkets, with respect to key regions.

        Who are the major driving forces expected to decide the fate of the industry worldwide.

        To strategically profile the key players and comprehensively analyze their growth strategies.

        What are the key barriers and threats believed to hinder the development of the industry?

        To analyze competitive developments such as expansions,agreements, new product launches, and acquisitions in the market.

        Who are the prominent market players making a mark in the market with their winning strategies?

        To share detailed information about the key factors influencing the growth of the market

        What will be the growth rate and the market size of the industry for the forecast period 2020-2025?

        Focuses on the key global market Vendors, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

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