2016 domestic demand market in Vietnam, LED lighting market size of $348 million

Due to the slowdown in the growth of the global LED lighting market, LED manufacturers have invested in emerging markets to find a new blue ocean. TrendForce LEDinside of State Science and technology industry's brand LED (LED Chinese online) the latest research report shows that in 2015 the Vietnamese LED lighting market size of up to $271 million, estimated in 2016 will grow to $348 million, the growth rate of 28%, the Vietnamese market gradually by the LED lighting industry preferred.

Observe the overall LED lighting market in Vietnam, Vietnam in the past about 200 million per year consumption of traditional bulbs, which is more power consumption of the traditional tungsten bulb. With the improvement of LED penetration, the traditional lighting market in Vietnam continued to decline in the past few years, while the LED lighting market has maintained a rising trend, LEDinside estimated 2016 Vietnam LED lighting penetration will reach about 35%.

LEDinside research associate Chu Chao said in the LED lighting market in Vietnam base is relatively low, so the size of the market growth rate than other countries in Southeast Asia soon. In recent years, with the improvement of the consumption power of Vietnam, the LED lighting market demand will also be the main engineering applications, and gradually into the home lighting applications.

Chu Chao pointed out that under the conditions of cheap labor costs in Vietnam, many foreign companies have been stationed in the factory, so the demand for LED lighting comes from the new project LED lighting demand. In addition, Chinese, Japan and South Korea and other countries also launched for Vietnamese government development aid, LED outdoor lighting demand local basic engineering construction, but because of government contracts mostly controlled by the local people in Vietnam, according to local Vietnamese foreign vendors have the opportunity to enter the market.

Chu Yu Chao further said that with Vietnam's per capita income grew, the LED home lighting market also began to flourish, so the LED manufacturers, brand management and channel establishment in the local market will become a key.

LEDinside2016 Southeast Asia Lighting Market Report

Publication date: March 2016

Language: Chinese / English

Format: PDF

Chapter 1 reporting structure and key elements

The second chapter analyzes the overall economic situation

The third chapter lighting market size and trend analysis

The fourth chapter introduces the lighting manufacturers and strategic analysis

The fifth chapter LED lighting product specifications and price analysis

The sixth chapter lighting policies and regulations

The seventh chapter of the association of Southeast Asian Nations and the impact on the lighting industry

The eighth chapter is the suggestion and analysis of lighting market in Southeast Asia

The first chapter is the introduction and summary of the research methods

This report summarizes the Southeast Asian countries and relevant agencies, local business partners, import and export data and other data to identify and test the key variables of the market and forecast analysis. And combined with field market research, manufacturers and associations, such as first-hand data for market data validation analysis and key element interception. Finally, the paper puts forward the overall description of the overall market segmentation, strategic suggestions and solutions.

The second chapter is the analysis of the overall economic situation

Rich human resources and natural resources have made Southeast Asia one of the most dynamic and potential areas of world economic development. In the future world political and economic structure, the role and strategic position of Southeast Asia will be more important. With the rapid increase of economic level in other Southeast Asian countries, per capita lighting demand will increase, resulting in energy saving awareness and demand growth, will make the LED lighting industry rapid popularization and growth in Southeast asia.

The third chapter analyzes the market size and trend of lighting

In six major countries to calculate, in 2015 the total size of the Southeast Asian lighting market will reach about $4 billion 800 million, of which LED lighting scale of about $1 billion 500 million. From the market size and scale of imports, LED lighting in recent years, strong growth, the intensity of the replacement of traditional lighting has gradually strengthened. Although 2015 is the overall impact of the economic environment, market scale and import growth slowed, but expect the next few years, along with the policy incentives and replacement demand, LED lighting penetration and Southeast Asian imports will continue to increase, Southeast Asia is gradually become the main destination for Chinese manufacturers to export LED lighting products.

The fourth chapter introduces the main manufacturers and strategic analysis

From the Chinese imported lighting products as an example, the chain structure of southeast lighting industry can be divided into five types: 1 Chinese device by the manufacturers for the local lighting factory; 2 imported semi-finished products + local assembly; 3 imported light + local assembly; 4 China generation factory directly after ODM shipped to 5 countries; Chinese manufacturers through its own brand engineering or wholesale sales channels. Overall, due to the lack of local manufacturing capacity, Southeast Asian countries are still PHILPS, exotic, Toshiba and other international manufacturers share the highest, followed by local manufacturers.

Focus on finishing the list of six LED manufacturers and LED lighting manufacturers, LED engineering lighting manufacturers list.

National LED lighting the main manufacturers of three, a total of 18 major local lighting manufacturers, including OEM and own production line finishing; business channel analysis.

The fifth chapter of the mainstream LED product analysis (bulb lamp, lamp, street lamp) summary

Compared with Europe and other mature markets, in addition to special projects, the Southeast Asian market is not high requirements for indoor LED product specifications and certification, overall low lumens, high cost of basic products is to enter the Southeast Asian market lighting tool. But for the main municipal projects street lamp, the product specifications and photos