Vietnam LED Lighting Market 2024, Size and Forecast 2033

Vietnam LED Lighting Market Report by Product Type (Bulb and Tube Light, Panel Light, Street Light, Down Light, Flood Light, and Others), Application (Commercial, Residential, Institutional, Industrial), Installation Type (New Installation, Retrofit Installation) 2025-2033

Report Format: PDF+Excel | Report ID: SR112025A702

Buy Now

1   Preface
2   Scope and Methodology
    2.1    Objectives of the Study
    2.2    Stakeholders
    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   Introduction
    4.1    Overview
    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    Impact of COVID-19
    7.5    Market Breakup by Product Type
    7.6    Market Breakup by Application
    7.7    Market Breakup by Installation Type
    7.8    Market Forecast
    7.9    SWOT Analysis
        7.9.1    Overview
        7.9.2    Strengths
        7.9.3    Weaknesses
        7.9.4    Opportunities
        7.9.5    Threats
    7.10    Value Chain Analysis
        7.10.1    Raw Material Procurement
        7.10.2    Manufacturing
        7.10.3    Marketing
        7.10.4    Distribution
        7.10.5    Exports
        7.10.6    End-Use
    7.11    Porter’s Five Forces Analysis
        7.11.1    Overview
        7.11.2    Bargaining Power of Buyers
        7.11.3    Bargaining Power of Suppliers
        7.11.4    Degree of Competition
        7.11.5    Threat of New Entrants
        7.11.6    Threat of Substitutes
    7.12    Key Market Drivers and Success Factors
    7.13    Key Risk Factors for LED Manufacturers
    7.14    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    Others
        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
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

List of Figures

Figure 1: Global: LED Industry Overview
Figure 2: Global: LED Market: Volume Trends (in Billion Units), 2019-2024
Figure 3: Global: LED Market: Value Trends (in Billion USD), 2019-2024
Figure 4: Global: LED Market: Breakup by Region (in %), 2024
Figure 5: Global: LED Market: Breakup by Application (in %), 2024
Figure 6: Global: LED Lamps and Modules Market: Sales Volume (in Million Units), 2019-2024
Figure 7: Global: LED Fixtures Market: Sales Volume (in Million Units), 2019-2024
Figure 8: Global: LED Lamps and Modules Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 9: Global: LED Fixtures Market Forecast: Sales Volume (in Million Units), 2025-2033
Figure 10: Global: LED Market Forecast: Volume Trends (in Billion Units), 2025-2033
Figure 11: Global: LED Market Forecast: Value Trends (in Billion USD), 2025-2033
Figure 12: Vietnam: Lighting Industry Overview
Figure 13: Vietnam: Lighting Market: Value Trends (in Billion USD), 2019-2024
Figure 14: Vietnam: Lighting Market: Breakup by Application (in %), 2024
Figure 15: Vietnam: Lighting Market: Breakup by Technology (in %), 2024
Figure 16: Vietnam: Lighting Market Forecast: Value Trends (in Billion USD), 2025-2033
Figure 17: Vietnam: LED Lighting Market: Value Trends (in Million USD), 2019-2024
Figure 18: Vietnam: LED Light Manufacturing: Price Structure (in %)
Figure 19: Vietnam: LED Lighting Market: Breakup by Product Type (in %), 2024
Figure 20: Vietnam: LED Lighting Market: Breakup by Application (in %), 2024
Figure 21: Vietnam: LED Lighting Market: Breakup by Installation Type (in %), 2024
Figure 22: Vietnam: LED Lighting Market Forecast: Value Trends (in Million USD), 2025-2033
Figure 23: Vietnam: LED Lighting Industry: SWOT Analysis
Figure 24: Vietnam: LED Lighting Industry: Value Chain Analysis
Figure 25: Vietnam: LED Lighting Industry: Porter’s Five Forces Analysis
Figure 26: Vietnam: LED Lighting Market: Bulb and Tube Light (in Million USD), 2019 & 2024
Figure 27: Vietnam: LED Lighting Market Forecast: Bulb and Tube Light (in Million USD), 2025-2033
Figure 28: Vietnam: LED Lighting Market: Panel Light (in Million USD), 2019 & 2024
Figure 29: Vietnam: LED Lighting Market Forecast: Panel Light (in Million USD), 2025-2033
Figure 30: Vietnam: LED Lighting Market: Street Light (in Million USD), 2019 & 2024
Figure 31: Vietnam: LED Lighting Market Forecast: Street Light (in Million USD), 2025-2033
Figure 32: Vietnam: LED Lighting Market: Down Light (in Million USD), 2019 & 2024
Figure 33: Vietnam: LED Lighting Market Forecast: Down Light (in Million USD), 2025-2033
Figure 34: Vietnam: LED Lighting Market: Flood Light (in Million USD), 2019 & 2024
Figure 35: Vietnam: LED Lighting Market Forecast: Flood Light (in Million USD), 2025-2033
Figure 36: Vietnam: LED Lighting Market: Other Product Types (in Million USD), 2019 & 2024
Figure 37: Vietnam: LED Lighting Market Forecast: Other Product Types (in Million USD), 2025-2033
Figure 38: Vietnam: LED Lighting Market: Commercial Applications (in Million USD), 2019 & 2024
Figure 39: Vietnam: LED Lighting Market Forecast: Commercial Applications (in Million USD), 2025-2033
Figure 40: Vietnam: LED Lighting Market: Residential Applications (in Million USD), 2019 & 2024
Figure 41: Vietnam: LED Lighting Market Forecast: Residential Applications (in Million USD), 2025-2033
Figure 42: Vietnam: LED Lighting Market: Institutional Applications (in Million USD), 2019 & 2024
Figure 43: Vietnam: LED Lighting Market Forecast: Institutional Applications (in Million USD), 2025-2033
Figure 44: Vietnam: LED Lighting Market: Industrial Applications (in Million USD), 2019 & 2024
Figure 45: Vietnam: LED Lighting Market Forecast: Industrial Applications (in Million USD), 2025-2033
Figure 46: Vietnam: LED Lighting Market: New Installation (in Million USD), 2019 & 2024
Figure 47: Vietnam: LED Lighting Market Forecast: New Installation (in Million USD), 2025-2033
Figure 48: Vietnam: LED Lighting Market: Retrofit Installation (in Million USD), 2019 & 2024
Figure 49: Vietnam: LED Lighting Market Forecast: Retrofit Installation (in Million USD), 2025-2033
Figure 50: SMD LED Manufacturing Plant: Raw Material Requirements
Figure 51: SMD LED Manufacturing Plant: Detailed Process Flow
Figure 52: SMD LED Manufacturing Plant: Various Unit Operations Involved
Figure 53: SMD LED Module Manufacturing: Raw Material Requirements
Figure 54: SMD LED Module Manufacturing Plant: Detailed Process Flow
Figure 55: SMD LED Module Manufacturing Plant: Various Types of Unit Operations Involved
Figure 56: SMD LED Based Street Light Manufacturing: Conversion Rate of Products
Figure 57: SMD LED Based Street Light Manufacturing: Detailed Process Flow
Figure 58: SMD LED Based Street Light Manufacturing: Various Types of Unit Operations Involved
Figure 59: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing: Breakup of Capital Costs (in %)
Figure 60: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing: Profit Margins at Various Levels of the Supply Chain
Figure 61: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing: Breakup of Manufacturing Costs (in %)

List of Tables

Table 1: Global: LED Lighting Market: Key Industry Highlights, 2024 and 2033
Table 2: Global: LED Lighting Market Forecast: Breakup by Region, 2025-2033
Table 3: Global: LED Lighting Market Forecast: Breakup by Application, 2025-2033
Table 4: Vietnam: Lighting Market: Key Industry Highlights, 2024 and 2033
Table 5: Vietnam: LED Lighting Market: Key Industry Highlights, 2024 and 2033
Table 6: Vietnam: LED Lighting Market Forecast: Breakup by Product Type (in Million USD), 2025-2033
Table 7: Vietnam: LED Lighting Market Forecast: Breakup by Application (in Million USD), 2025-2033
Table 8: Vietnam: LED Lighting Market Forecast: Breakup by Installation Type (in Million USD), 2025-2033
Table 9: Comparison of LED’s with Incandescent Bulb and Compact Fluorescent Lamps (Based on Energy Efficiency and Environmental Impact)
Table 10: Comparison of LED’s with Incandescent Bulb and Compact Fluorescent Lamps (Based on Luminous Flux)
Table 11: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Costs Related to Land and Site Development (in USD)
Table 12: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Costs Related to Civil Works (in USD)
Table 13: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Machinery Costs (in USD)
Table 14: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Raw Material Requirements
Table 15: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Power Consumption (in KWh), First Year
Table 16: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Power Consumption (in KWh), Second Year Onwards
Table 17: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Costs Related to Utilities (in USD), First Year
Table 18: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Costs Related to Utilities (in USD), Second Year Onwards
Table 19: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Costs Related to Salaries and Wages (in USD), First Year
Table 20: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Costs Related to Salaries and Wages (in USD), Second Year Onwards
Table 21: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Costs Related to Other Capital Investments (in USD)
Table 22: Details of Financial Assistance Offered by Financial Institutions
Table 23: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Capital Costs (in USD)
Table 24: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Techno-Economic Parameters
Table 25: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Income Projections (in USD)
Table 26: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Expenditure Projections (in USD)
Table 27: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Cash Flow Analysis Without Considering the Income Tax Liability (in USD)
Table 28: SMD LED, SMD LED Module and SMD LED Based Fixture (Street Light) Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability (in USD)
Table 29: SMD LED Manufacturing Plant: Profit and Loss Account
Table 30: Vietnam: LED Lighting Market: Competitive Structure
Table 31: Vietnam: LED Lighting Market: Key Players

Purchase Options New Year Sale

Inquire Before Buying

Speak to an Analyst

Request Brochure

Request Customization

Benefits of Customization

Personalize this research
Triangulate with your data
Get data as per your format and definition
Gain a deeper dive into a specific application, geography, customer, or competitor
Any level of personalization

Get in Touch With Us

UNITED STATES

Phone: +1-631-791-1145

INDIA

Phone: +91-120-433-0800

UNITED KINGDOM

Phone: +44-753-714-6104

Email: sales@imarcgroup.com

Client Testimonials

IMARC made the whole process easy. Everyone I spoke with via email was polite, easy to deal with, kept their promises regarding delivery timelines and were solutions focused. From my first contact, I was grateful for the professionalism shown by the whole IMARC team. I recommend IMARC to all that need timely, affordable information and advice. My experience with IMARC was excellent and I can not fault it.

The IMARC team was very reactive and flexible with regard to our requests. A very good overall experience. We are happy with the work that IMARC has provided, very complete and detailed. It has contributed to our business needs and provided the market visibility that we required

We were very happy with the collaboration between IMARC and Colruyt. Not only were your prices competitive, IMARC was also pretty fast in understanding the scope and our needs for this project. Even though it was not an easy task, performing a market research during the COVID-19 pandemic, you were able to get us the necessary information we needed. The IMARC team was very easy to work with and they showed us that it would go the extra mile if we needed anything extra

Last project executed by your team was as per our expectations. We also would like to associate for more assignments this year. Kudos to your team.

We would be happy to reach out to IMARC again, if we need Market Research/Consulting/Consumer Research or any associated service. Overall experience was good, and the data points were quite helpful.

Arabian Plastic Manufacturing Company Ltd.

The figures of market study were very close to our assumed figures. The presentation of the study was neat and easy to analyse. The requested details of the study were fulfilled. My overall experience with the IMARC Team was satisfactory.

The overall cost of the services were within our expectations. I was happy to have good communications in a timely manner. It was a great and quick way to have the information I needed.

My questions and concerns were answered in a satisfied way. The costs of the services were within our expectations. My overall experience with the IMARC Team was very good.

I agree the report was timely delivered, meeting the key objectives of the engagement. We had some discussion on the contents, adjustments were made fast and accurate. The response time was minimum in each case. Very good. You have a satisfied customer.

We would be happy to reach out to IMARC for more market reports in the future. The response from the account sales manager was very good. I appreciate the timely follow ups and post purchase support from the team. My overall experience with IMARC was good.

IMARC was a good solution for the data points that we really needed and couldn't find elsewhere. The team was easy to work, quick to respond, and flexible to our customization requests.

IMARC did an outstanding job in preparing our study. They were punctual and precise, delivering all the data we required in a clear and well-organized format. Their attention to detail and ability to meet deadlines was impressive, making them a reliable partner for our project.

I wanted to express my sincere appreciation for your efforts in handling this matter. Your dedication and commitment have truly been commendable. It is evident that you have put in a tremendous amount of hard work and expertise into resolving the issues at hand. I would also like to take this opportunity to inform you that we are greatly interested

Overall, the deliverable was well organized and my experience with the project team was good. In particular, I appreciated how they responded when I requested additional information and the Japanese version.

The IMARC team were extremely professional and very cooperative. The team were also extremely flexible in making changes and modifications wherever required. The entire experience right from project kick-off to after sales support was fruitful and smooth.

I’d like to express my gratitude for the work you accomplished with the industry report. The way you responded to the requirements and delivered under tight timelines shows your expertise, exceptional work ethic and commitment to your customer’s success. The entire team and company are incredibly thankful for your dedication. Once again, thank you

The market reports from IMARC have been instrumental in guiding our business strategies. We found the reports comprehensive and data-driven, which helped us make informed decisions. The detailed insights and actionable data have consistently provided us with a competitive edge in a rapidly changing alcohol market.

One of the best things about IMARC is their flexibility and predisposition to tailor the reports and adapt to our needs. They are not just great in their researching and consulting solutions, but their service is unparallelled. We’ve worked with them a couple of times and we will keep working with them in future projects.

We recently commissioned multiple market research reports from IMARC, and the insights we received were invaluable. The depth of analysis, accuracy of data, and actionable recommendations have greatly enhanced our strategic decision-making.

The market estimates provided by your team were pretty much in line with what we were theorizing internally. Really appreciate the work on this.

The sale account manager and the service was excellent. The data and market trends gathered from the report was insightful and really assisted while planning future product and growth strategies.

The report is excellent and has good amount of data and our team is extremely happy with the information provided.

Thank you very much for your cooperation and post purchase support. We were really happy with the final deliverable, and the takeaways from the report.