Press release
Vietnam LED Lighting Market Size, Growth, Demand, Regional Analysis and Forecast 2023-2028
Report Highlights:
How big is the Vietnam LED lighting market?
The Vietnam LED lighting market size reached US$ 647.6 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 982.8 Million by 2028, exhibiting a growth rate (CAGR) of 7% during 2023-2028.
What is LED lighting?
Light Emitting Diodes (LEDs) are tiny light sources made of semiconductor materials that work by converting electrical energy into light. It involves depositing a layer of material, usually gallium nitride, onto a substrate. The substrate is patterned to create the LED structure, which is then connected to a power source to produce light. When compared to traditional lighting sources, LEDs offer numerous advantages, including energy efficiency, longevity, environmentally friendly, and the ability to be manufactured in a variety of shapes and sizes. Currently, high-power, low-power, surface-mount, and through-hole LEDs are some of the commonly available product variants.
๐๐๐ช๐ฎ๐๐ฌ๐ญ ๐ ๐จ๐ซ ๐ ๐๐๐ ๐๐๐ฆ๐ฉ๐ฅ๐ ๐จ๐ ๐ญ๐ก๐ ๐๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/vietnam-led-market/requestsample
Vietnam LED Lighting Market Trends:
The LED lighting market in Vietnam is primarily driven by the rapid replacement of traditional incandescent bulbs with LED lights in street lighting. Additionally, the rising product application in commercial spaces, such as buildings, offices, supermarkets, and shopping malls, is contributing to the market growth. In line with this, the Government of Vietnam is actively working to promote the use of LED lighting and have introduced two major initiatives, the Vietnam Energy Efficient Public Lighting Project (VEEPL) and the Vietnam National Energy Efficiency Plan (VNEEP), aimed at reducing energy consumption and carbon emissions, which is creating a positive outlook for the market. Apart from this, rapid urbanization, growing foreign direct investments (FDI) in the real estate sector, and the increasing demand for energy-efficient and eco-friendly lighting solutions are accelerating the market growth in the country.
Key Market Segmentation:
The report has segmented the Vietnam LED lighting market on the basis of product type, application, installation type and region.
๐๐ก๐๐๐ค๐จ๐ฎ๐ญ ๐๐จ๐ฐ: https://www.imarcgroup.com/checkout?id=702&method=7
Breakup by Product Type:
โข Bulb and Tube Light
โข Panel Light
โข Streetlight
โข Down Light
โข Flood Light
โข Others
Breakup by Application:
โข Commercial
โข Residential
โข Institutional
โข Industrial
Breakup by Installation Type:
โข New Installation
โข Retrofit Installation
๐๐ฌ๐ค ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ ๐๐จ๐ซ ๐๐% ๐๐ซ๐๐ ๐๐ฎ๐ฌ๐ญ๐จ๐ฆ๐ข๐ณ๐๐ ๐ซ๐๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/request?type=report&id=702&flag=C
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
๐๐ฏ๐ผ๐๐ ๐จ๐:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
๐๐ผ๐ป๐๐ฎ๐ฐ๐ ๐จ๐ฆ:
IMARC Group
134 N 4th St Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Americas: +1-631-791-1145 | Europe & Africa: +44-753-713-2163 | Asia: +91-120-433-0800
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Vietnam LED Lighting Market Size, Growth, Demand, Regional Analysis and Forecast 2023-2028 here
News-ID: 3179048 • Views: โฆ
More Releases from IMARC Group
GCC Drones Market Size to Surpass USD 2,005.3 Million by 2033 | With a 13.3% CAG โฆ
GCC Drones Market Overview
Market Size in 2024: USD 588.2 Million
Market Size in 2033: USD 2,005.3 Million
Market Growth Rate 2025-2033: 13.3%
According to IMARC Group's latest research publication, "GCC Drones Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The GCC drones market size was valued at USD 588.2 Million in 2024. Looking forward, IMARC Group estimates the market to reach USD 2,005.3 Million by 2033, exhibiting a growth rate ofโฆ
Medical Imaging Market to Surpass USD 70.8 Billion by 2033, at a CAGR of 5.03%
Market Overview:
The medical imaging market is experiencing rapid growth, driven by Growing Burden of Chronic and Age-Related Diseases, Expansion of Government-Funded Health Infrastructure and Technological Advancements in Imaging Modalities. According to IMARC Group's latest research publication, "Medical Imaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global medical imaging market size reached USD 44.5 Billion in 2024. Looking forward, IMARC Group expects the market to reachโฆ
Sodium Ion Battery Market to Reach USD 974.11 Million by 2033, Growing at a CAGR โฆ
Market Overview:
The Sodium Ion Battery Market is experiencing rapid expansion, driven by Demand for Sustainable Energy Storage Solutions, Abundance of Sodium Resources, Emergence of Large-Scale Energy Storage Applications and Cost-Effectiveness and Advantages Over Lithium-Ion. According to IMARC Group's latest research publication, "Sodium Ion Battery Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global sodium ion battery market size was valued at USD 368.71 Million in 2024.โฆ
Biodegradable Packaging Market Size Worth USD 178.0 Billion Globally by 2033 at โฆ
Market Overview:
The Biodegradable Packaging Market is experiencing rapid growth, driven by Strict Government Regulations and Plastic Bans, Growing Environmental Awareness and Consumer Demand and Corporate Sustainability Goals and Initiatives. According to IMARC Group's latest research publication, "Biodegradable Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2025-2033", The global biodegradable packaging market size reached USD 107.4 Billion in 2024. Looking forward, IMARC Group expects the market to reachโฆ
More Releases for LED
HSC LED Successfully Delivers Taxi LED Displays to Moldova
HSC LED [https://www.hscled.com/] is pleased to announce the successful completion of a major project involving the delivery of taxi LED displays to Moldova. This achievement underscores our dedication to providing high-quality, innovative LED display solutions to global markets.
Image: https://www.abnewswire.com/upload/2025/03/c632e02b61fa3f45fb036d4012a026b5.jpg
This project involved the production and deployment of state-of-the-art taxi top LED displays, designed for high visibility, durability, and intelligent operation. Equipped with high brightness levels, waterproof protection, and efficient heat dissipation,โฆ
Enhancing LED Lighting: What is a reflective LED light?
Nowadays, LED lights [https://www.cnblight.com/products/] have become the mainstream of lighting. There is an interesting question, why do LED lights in homes nowadays, whether they are desk lamps, pendant lamps, ceiling lamps, etc., often need to add a lamp shell? You should know that LED lights emit solid light, unlike traditional lamps such as incandescent lamps and fluorescent lamps, which require a lamp shell on the outside.
There are many reasons thatโฆ
Global Backlight LED Market| Global Backlight LED Industry | Backlight LED Marke โฆ
The backlight LED market comprises of sales of Backlight LED & related services. LED backlight is a flat panel display that uses LED backlighting instead of cold cathode fluorescent (CCFL) backlighting. LED backlight displays also use thin-film-transistor liquid-crystal display (TFT LCD) technologies that offer better contrast and brightness, reduced energy consumption, greater color range more quick response to changes in the scene, and photorefractive effects. These displays are small chipsโฆ
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation li โฆ
Global LED Packaging Market Size Detail Analysis focusing Market Segmentation like Lamp-LED, Side-LED, TOP-LED, High-Power LED, SMD-LED, and Flip-Chip LED & more
The LED market is one of the quickly growing segments as they are replacing the traditional lighting equipment like bulbs due to their high efficiency and power saving capability. The LED packaging industry is also growing with innovations along with the LED industry as new technologies are being includedโฆ
Global LED Driver (LED Lighting Driver) Market Research Report
This report studies the global LED Driver (LED Lighting Driver) market status and forecast, categorizes the global LED Driver (LED Lighting Driver) market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in United States, Europe, China, Japan, South Korea and Taiwan and other regions.
Get sample copy of the report:
https://www.marketdensity.com/contact?ref=Sample&reportid=68754
Table of Contents:
Table of Contents
Global LED Driver (LED Lighting Driver) Market Research Reportโฆ
LED Driver And Chipset Market - Tax Exemptions For LED Technology Encourage Use โฆ
Transparency Market Research, in a report titled โLED Driver and Chipset Market - Global Industry Analysis, Trend, Size, Share and Forecast 2015 - 2021,โ states that the global LED driver and chipset market is projected to expand at a remarkable CAGR of 23.20% during the forecast period. The report states that the outstanding growth of the overall LED market in recent times will push the value of the LED driverโฆ
