Vietnam Light Emitting Diodes (LEDs) Market - Expected to Reach $729.0 Million by 2022 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Vietnam Light Emitting Diodes (LEDs) Market - Drivers, Opportunities, Trends & Forecasts: 2015-2022" report to their offering.

Fast development in Vietnam has resulted in the increase of per capita income in the country and higher demand for power for daily use. This has resulted in price hikes in electricity and LEDs based lighting products are now seen as suitable solution for reducing the electricity consumption at consumer end. The government has been facilitating the growth of LED products market in the country, which has resulted in rapid growth in the LED products market in Vietnam. Looking at the fast paced growth in the country, many multinational companies have invested in Vietnam in the past 2-3 years for establishing their production facilities in the country.

LEDs market in Vietnam is expected to grow at a CAGR of 18.2% during the forecast period 2016-2022, to reach $729.0 million by 2022. The LEDs market in Vietnam has been analyzed based on major application areas - lighting, displays & backlights, mobile devices, signs & boards and others. The application area of lighting has further been divided into sub-application areas of indoor lighting and outdoor lighting along with bifurcation into the products of bulbs, street lights, and spotlights. The LED lighting segment is expected to grow fastest among application areas for LEDs in Vietnam market.

The study covers and analyzes the Vietnam LEDs market, bringing out the complete key insights of the industry. The report aims to provide an opportunity for players to understand the latest trends, current market scenario, government initiatives, and technologies related to the market. In addition, helps the venture capitalist in understanding the companies better and take informed decisions.

Companies Mentioned:

  • New Light Led Technology LTD
  • Future Electronics LTD
  • OSRAM
  • PHILIPS
  • Green Power Kim Dinh

Key Topics Covered:

1 Introduction

2 Executive Summary

3 Market Overview

4 Vietnam LED Market Analysis

5 Vietnam LED Market Supply Analysis, by Key Players

6 Supplier Profiles

For more information about this report visit http://www.researchandmarkets.com/research/ff788m/vietnam_light

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: LED (Light Emitting Diodes)

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: LED (Light Emitting Diodes)