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Vietnam LED Market Grew At a CAGR of Around 55% During Last Few Years

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Page 1: Vietnam LED Market Grew At a CAGR of Around 55% During Last Few Years

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Consulting Services

Copyright © 2016 International Market Analysis Research & Consulting (IMARC). All Rights Reserved

Vietnam LED Market Driven By

Government Endorsement of

Modern LED Lights

Page 2: Vietnam LED Market Grew At a CAGR of Around 55% During Last Few Years

The International Market Analysis Research and Consulting Group is a leading advisor onmanagement strategy and market research worldwide. We partner with clients in allsectors and regions to identify their highest-value opportunities, address their most criticalchallenges, and transform their businesses.

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Page 3: Vietnam LED Market Grew At a CAGR of Around 55% During Last Few Years

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Vietnam LED Market Driven By Government Endorsement of Modern LED Lights

IMARC group has recently published a new report on Vietnam LED market titled “Vietnam LED Market (SMDLEDs, Modules and Fixtures) – Industry Trends, Manufacturing Process, Plant Setup, Machinery, RawMaterials, Cost and Revenue”. In Vietnam, the application of LED technology was initially limited to trafficlights and in the advertising industry. But the many advantages of LED over conventional lighting technologieshave expanded its applications in various other sectors as well. LED bulbs are now replacing incandescent andfluorescent bulbs all across Vietnam. According to the report, the market grew at a CAGR of around 55%during 2008–2015.

Over the past few years, the Vietnam LED market has witnessed exponential growth due to a rapidurbanization, infrastructural development and government’s endorsement of modern LED lights. Moreover,the increasing government regulations for energy savings has led the lighting industry in Vietnam to shiftfrom conventional lighting products to energy efficient LED lighting products. The government stimulates theuse of LEDs through two major projects: Vietnam Energy Efficient Public Lighting Project (VEEPL) and VietnamNational Energy Efficiency Plan (VNEEP). Implementation of these projects will ensure lower energyconsumption by replacing the prevailing lighting system with LED lighting. Thus, Vietnam proves to be alucrative option for domestic as well as foreign investors who wants to invest in the LED market.

Over the last few years, the Vietnam LED market has witnessed exponential growth due to a rapid urbanization, infrastructural development and the government’s endorsement of modern LED lights.

Page 4: Vietnam LED Market Grew At a CAGR of Around 55% During Last Few Years

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Page 5: Vietnam LED Market Grew At a CAGR of Around 55% During Last Few Years

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The report provides an overview of the LED lighting products on the basis of type. These include LED Panellights, LED Down lights, LED High Mast lights, LED lamps, LED strips, LED spot lights, LED flood lights, LED Tubelights, LED street lights, and LED bulbs. Currently, Dien Quang represents the largest player in the VietnamLED market followed by Rang Dong and Philips.

Table of Contents

1 Research Methodology2 Executive Summary3 Introduction4 Global LED Market4.1 Current and Historical Market Trends4.2 Market Breakup by Region4.3 Market Breakup by ProductType4.4 Market Breakup by Application4.5 Key Players4.6 Market Forecast5 Vietnam Lighting Market5.1 Current and Historical Market Trends5.2 Market Breakup by Application5.3 Market Breakup by Technology

Page 6: Vietnam LED Market Grew At a CAGR of Around 55% During Last Few Years

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5.4 Key Players

5.5 Market Forecast6 Vietnam LED Market6.1 Current and Historical Market Trends6.2 Market Breakup By Product Type6.4 Key Players6.5 Market Forecast6.6 Value Chain6.7 Comparison of LED’s with Conventional Lighting Technologies6.8 Market Drivers6.9 Key Success Factors for LED Manufacturers6.10 Key Risk Factors for LED Manufacturers7 Manufacturing Process of SMD LED7.1 SMD LED Manufacturing Plant: Raw Material Requirements7.2 SMD LED Manufacturing Plant: Detailed Process Flow7.3 SMD LED Manufacturing Plant: Various Types of Unit Operations Involved7.4 SMD LED Manufacturing Plant: Major Machinery Pictures8 Manufacturing Process of SMD LED Module8.1 SMD LED Module Manufacturing Plant: Raw Material Requirements8.2 SMD LED Manufacturing Plant: Detailed Process Flow8.3 SMD LED Module Manufacturing Plant: Various Types of Unit Operations Involved8.4 SMD LED Based Street Light Manufacturing Plant: Major Machinery Pictures

Page 7: Vietnam LED Market Grew At a CAGR of Around 55% During Last Few Years

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9 Manufacturing Process of SMD LED based Fixture (Street Light)9.1 SMD LED Based Fixture (Street Light) Manufacturing Plant: Raw Material Requirements9.2 SMD LED Based Fixture (Street Light) Manufacturing Plant: Detailed Process Flow9.3 SMD LED Based Fixture (Street Light) Manufacturing Plant: Various Types of Unit Operations Involved9.4 SMD LED Based Fixture (Street Light) Manufacturing Plant: Major Machinery Pictures10 Project Details, Requirements and Costs Involved10.1 Land, Location and Site Development10.2 Plant Machinery10.3 Raw Material Requirements10.4 Raw Material and Final Product Pictures10.5 Packaging Requirements10.6 Utility Requirements10.7 Manpower Requirements10.8 Other Capital Investments11 Loans and Financial Assistance12 Project Economics12.1 Capital Cost of the Project12.2 Techno-Economic Parameters12.3 Product Pricing and Margins12.4 Income Projections

Page 8: Vietnam LED Market Grew At a CAGR of Around 55% During Last Few Years

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12.5 Expenditure Projections12.6 Financial Analysis

List of Figures

Figure 4 1: Global: LED Market: Sales Value (in US$ Billion), 2008-2015Figure 4 2: Global: LED Market: Sales Volume (in Billion Units), 2008-2015Figure 4 3: Global: LED Lighting Market: Breakup by Region (in %), 2015Figure 4 4: Global: LED Lamps and Modules Market: Sales Volume (in Million Units), 2008-2015Figure 4 5: Global: LED Fixtures Market: Sales Volume (in Million Units), 2008-2015Figure 4 6: Global: LED Lamps and Modules Market Forecast: Sales Volume (in Million Units), 2016-2021Figure 4 7: Global: LED Fixtures Market Forecast: Sales Volume (in Million Units), 2016-2021Figure 4 8: Global: LED Market: Breakup by Application (in %), 2015Figure 4 9: Global: LED Market: Key Players Market Share (in %), 2015Figure 4 10: Global: LED Market Forecast: Sales Value (in US$ Billion), 2016-2021Figure 4 11: Global: LED Market Forecast: Sales Volume (in Billion Units), 2016-2021Figure 5 1: Vietnam: Lighting Market: Sales Value (in US$ Million), 2008-2015Figure 5 2: Vietnam: Lighting Market: Breakup by Application (in %), 2015Figure 5 3: Vietnam: Lighting Market: Breakup by Technology (in %), 2015Figure 5 4: Vietnam: Lighting Market: Key Players Market Share (in %), 2015

Figure 5 5: Vietnam: Lighting Market Forecast: Sales Value (in US$ Million), 2016-2021Figure 6 1: Vietnam: LED Market: Sales Value (in US$ Million), 2008-2015

Page 9: Vietnam LED Market Grew At a CAGR of Around 55% During Last Few Years

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Figure 6 2: Vietnam: LED Market: Key Players Market Share (in %), 2015Figure 6 3: Vietnam: LED Market Forecast: Sales Value (in US$ Million), 2016-2021Figure 6 4: Global: LED Industry: Value Chain AnalysisFigure 7 1: SMD LED Manufacturing Plant: Raw Material RequirementsFigure 7 2: SMD LED Manufacturing Plant: Detailed Process FlowFigure 7 3: SMD LED Manufacturing Plant: Various Unit Operations InvolvedFigure 8 1: SMD LED Module Manufacturing: Raw Material RequirementsFigure 8 2: SMD LED Module Manufacturing Plant: Various Types of Unit Operations InvolvedFigure 9 1: SMD LED Based Street Light Manufacturing: Conversion Rate of ProductsFigure 9 2: SMD LED Based Street Light Manufacturing Plant: Various Types of Unit Operations InvolvedFigure 12 1: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Breakup of Capital Costs (in %)Figure 12 2: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Breakup of Manufacturing Costs (in %)

List of Tables

Table 1: Comparison of LED’s with Incandescent Bulb and Compact Fluorescent Lamps (Based on Energy Efficiency and Environmental Impact)Table 6 2: Comparison of LED’s with Incandescent Bulb and Compact Fluorescent Lamps (Based on Luminuous Flux)

Page 10: Vietnam LED Market Grew At a CAGR of Around 55% During Last Few Years

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Table 10 1: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Costs Related to Land and Site Development (in USD)Table 10 2: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Costs Related to Civil Works (in USD)Table 10 3: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Machinery Costs (in USD)Table 10 4: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Raw Material RequirementsTable 10 5: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Power Consumption (in KWh), First YearTable 10 6: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Power Consumption (in KWh), Second Year OnwardsTable 10 7: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Costs Related to Utilities (in USD), First YearTable 10 8: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Costs Related to Utilities (in USD), Second Year OnwardsTable 10 9: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Costs Related to Salaries and Wages (in USD),First YearTable 10 10: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Costs Related to Salaries and Wages (in USD), Second Year OnwardsTable 10 11: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Costs Related to Other Capital Investments (in USD)

Page 11: Vietnam LED Market Grew At a CAGR of Around 55% During Last Few Years

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Table 11 1: Details of Financial Assistance Offered by Financial InstitutionsTable 12 1: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Capital Costs (in USD)Table 12 2: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Techno-Economic ParametersTable 12 3: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Income Projections (in USD)Table 12 4: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Expenditure Projections (in USD)Table 12 5: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax LiabilityTable 12 6: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability

Page 12: Vietnam LED Market Grew At a CAGR of Around 55% During Last Few Years

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To know more please visit: http://www.imarcgroup.com/vietnam-led-market

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