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The Vietnam LED market reached a value of US$ 236 Million in 2018. The report further anticipates the market to reach values worth US$ 396 Million by 2024, representing a CAGR of 7.2% over the forecast period. Light-emitting diodes (LEDs) are semiconductor devices that generate non-coherent, narrow-spectrum light when forward voltage is applied. The first LED was an infrared-emitting device patented in 1961 and the first practical visible spectrum LED was developed in 1962. Currently, LEDs are incorporated into bulbs and fixtures for general lighting applications. A well designed LED lighting system has several advantages over the conventional lighting system using incandescent or florescent technologies such as better efficiency, durability, versatility, smaller in size, longer-lasting and environment-friendly. Another big advantage of using LED lighting system is that it does not radiate heat as in incandescent or florescent light bulbs. A heat sink, which is a passive device, draws away the heat from LEDs by absorbing it and dispersing it into the surrounding environment. This prevents LED products from getting overheated or burnt-out.
In Vietnam, LED technology was first introduced in traffic lights and the advertisement industry. The apparent advantages of the LED technology in lighting system have driven its use in several other sectors also. Across Vietnam, incandescent bulbs, especially in street lighting, are being replaced with LED bulbs. The Vietnamese government is vigorously endorsing the use of LED lighting through two major projects – Vietnam Energy Efficient Public Lighting Project (VEEPL) and Vietnam National Energy Efficiency Plan (VNEEP) – aiming to reduce energy consumption and carbon footprints. Driven by its numerous advantages over conventional lighting technologies, the market for LED lighting in Vietnam is witnessing robust growth and is expected to dominate the country’s lighting industry in the coming years.
This latest study “Vietnam LED Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” provides a techno-commercial roadmap for setting up an LED manufacturing plant in Vietnam. The study, which has been done by one of the world’s leading research and advisory firms, covers all the requisite aspects of the LED market. This ranges from macro overview of the market to micro details of the industry performance, processing and manufacturing requirements, project cost, project funding, project economics including expected returns on investment, profit margins, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Vietnam LED industry in any manner.
Key Questions Answered in This Report:
How has the global LED lighting market performed so far and how will it perform in the coming years?
What are the key regional markets in the global LED lighting industry?
Which are the key application areas in the global LED lighting industry?
What are the key product types in the global LED lighting industry?
How has the Vietnam LED lighting market performed so far and how will it perform in the coming years?
What are the key product types in the Vietnam LED lighting industry?
Which are the key end-use industries in the Vietnam LED lighting industry?
What are the various stages in the value chain of the LED lighting industry?
What are the key driving factors and challenges in the LED lighting industry?
What is the structure of the Vietnam LED lighting industry and who are the key players?
What is the degree of competition in the Vietnam LED lighting industry?
What are the profit margins in the Vietnam LED lighting industry?
What are the key requirements for setting up a LED lighting manufacturing plant?
How is SMD LED manufactured?
How is SMD LED module manufactured?
How is SMD LED based street light manufactured?
What are the various unit operations involved in a SMD LED based street light manufacturing plant?
What is the total size of land required for setting up a SMD LED based street light manufacturing plant?
What are the machinery requirements for setting up a SMD LED based street light manufacturing plant?
What are the raw material requirements for setting up a SMD LED based street light manufacturing plant?
What are the packaging requirements for SMD LED, SMD LED module and SMD LED based street light?
What are the transportation requirements for SMD LED, SMD LED module and SMD LED based street light?
What are the utility requirements for setting up a SMD LED based street light manufacturing plant?
What are the manpower requirements for setting up a SMD LED based street light manufacturing plant?
What are the infrastructure costs for setting up a SMD LED based street light manufacturing plant?
What are the capital costs for setting up a SMD LED based street light manufacturing plant?
What are the operating costs for setting up a SMD LED based street light manufacturing plant?
What will be the income and expenditures for a SMD LED based street light manufacturing plant?
What is the time required to break-even?
Table of contents
2 Scope and Methodology
2.1 Objectives of the Study
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4.2 Key Industry Trends
5 Global LED Lighting Industry
5.1 Market Overview
5.2 Market Performance
5.2.1 Volume Trends
5.2.2 Value Trends
5.3 Market Breakup by Region
5.4 Market Breakup by Application
5.5 Market by LED Products: LED Lamps, Modules and Fixtures
5.5.1 Current and Historical Market Trends
5.5.2 Market Forecast
5.6 Market Forecast
6 Vietnam Lighting Industry
6.1 Market Overview
6.2 Market Performance
6.3 Market Breakup by Application
6.4 Market Breakup by Technology
6.5 Market Forecast
7 Vietnam LED Industry
7.1 Market Overview
7.2 Market Performance
7.2.1 Volume Trends
7.2.2 Value Trends
7.3 Price Analysis
7.3.1 Key Price Indicators
7.3.2 Price Structure
7.3.3 Price Trends
7.4 Market Breakup by Product Type
7.5 Market Breakup by Application
7.6 Market Breakup by Installation Type
7.7 Market Forecast
7.8 SWOT Analysis
7.9 Value Chain Analysis
7.9.1 Raw Material Procurement
7.10 Porter’s Five Forces Analysis
7.10.2 Bargaining Power of Buyers
7.10.3 Bargaining Power of Suppliers
7.10.4 Degree of Competition
7.10.5 Threat of New Entrants
7.10.6 Threat of Substitutes
7.11 Key Market Drivers and Success Factors
7.12 Key Risk Factors for LED Manufacturers
7.13 Comparison of LED’s with Conventional Lighting Technologies
8 Market Breakup by Product Type
8.1 Bulb and Tube Light
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Panel Light
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Street Light
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Down Light
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Flood Light
8.5.1 Market Trends
8.5.2 Market Forecast
8.6.1 Market Trends
8.6.2 Market Forecast
9 Market Breakup by Application
9.1 Commercial Application
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Residential Application
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Institutional Application
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Industrial Application
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Other Application
9.5.1 Market Trends
9.5.2 Market Forecast
10 Market Breakup by Installation Type
10.1 New Installation
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 Retrofit Installation
10.2.1 Market Trends
10.2.2 Market Forecast
11 Competitive Landscape
11.1 Market Structure
11.2 Market Breakup by Key Players
12 SMD LED Manufacturing Process
12.1 Product Overview
12.2 Detailed Process Flow
12.3 Various Types of Unit Operations Involved
12.4 Mass Balance and Raw Material Requirements
12.5 Major Machinery Pictures
13 SMD LED Module Manufacturing Process
13.1 Product Overview
13.2 Detailed Process Flow
13.3 Various Types of Unit Operations Involved
13.4 Mass Balance and Raw Material Requirements
13.5 Major Machinery Pictures
14 SMD LED based Fixture (Street Light) Manufacturing Process
14.1 Product Overview
14.2 Detailed Process Flow
14.3 Various Types of Unit Operations Involved
14.4 Mass Balance and Raw Material Requirements
14.5 Major Machinery Pictures
15 Project Details, Requirements and Costs Involved
15.1 Land Requirements and Expenditures
15.2 Construction Requirements and Expenditures
15.3 Plant Machinery
15.4 Raw Material Requirements and Expenditures
15.5 Raw Material and Final Product Pictures
15.6 Packaging Requirements and Expenditures
15.7 Transportation Requirements and Expenditures
15.8 Utility Requirements and Expenditures
15.9 Manpower Requirements and Expenditures
15.10 Other Capital Investments
16 Loans and Financial Assistance
17 Project Economics
17.1 Capital Cost of the Project
17.2 Techno-Economic Parameters
17.3 Product Pricing and Margins Across Various Levels of the Supply Chain
17.4 Taxation and Depreciation
17.5 Income Projections
17.6 Expenditure Projections
17.7 Financial Analysis
17.8 Profit Analysis
18 Key Player Profiles
DUBLIN, July 23, 2019 /PRNewswire/ — The “Vietnam LED Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.
For more information about this report visit https://www.researchandmarkets.com/r/vwdwh9
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