LED leader in the global lighting market demand for Southeast Asia blowout period

According to the strategic emerging industry think-tank reports, with the LED industry technology promotion and the product price cut, the global ban white policy continued fermentation, consumer awareness of energy saving and environmental protection enhancement, LED lighting LED demand began to lead the global lighting market. Southeast Asian market has become an important emerging market of LED export in china. As one of the representative countries in Southeast Asia, since 1986, since the reform and opening up, the rapid expansion of the total economy, the level of opening up. With the rapid economic development needs, huge demographic dividend, government policy support and other factors, on the "China ASEAN Free Trade Zone", "Chinese Belt and Road Initiative", the dividend policy, the potential of Vietnam LED lighting a huge market demand, will become one of the most important economies Chinese LED lighting products export.

In 2006, Vietnam in the United Nations Development Programme (UNDP) and the global environmental protection fund (GEF) funded Vietnam efficiency of public lighting exhibition project (VEEPL) to provide technical assistance, started to invest $700 thousand in the efficiency of public lighting. The Ministry of industry and Commerce will set up another project to continue the implementation of the use of high efficiency electric lamp instead of the core filament lamp program, scheduled for 2014 widely used LED lamps. In addition, according to the Ministry of Construction announced the "2011-2020 national urban development plan," the draft content, by 2020, the ratio of urbanization in Vietnam is expected to increase from the current 27% to 45.2%. During the period 2010-2020, Vietnam will develop 364 million square meters of residential space in the urban areas, which means that the annual development of about 36 million square meters of land. Can foreknow, with the Vietnamese government subsidies to support the efficient of public lighting and city of the implementation of the plan, Vietnam folk LED lighting products and a large number of indoor and outdoor lighting demand LED project ushered in blowout, China LED lighting products exported to Vietnam market will usher in the golden period.

The facts have proved that in the past two years. Vietnam's imports of Chinese LED lighting market size of the most eye-catching growth, China's LED lighting products became the largest exporter of ASEAN market. According to statistics, in 2013 the total exports of Vietnam Chinese LED lighting products amounted to only 5 million dollars, ranked thirty-fifth in the world export market; in 2014 China cumulative exports to Vietnam LED lighting products had reached $more than 900 million, ranking the world export jumped ranked third, behind the United States ($2941388647.17), Russia ($1099162912.49) (as shown in Table 1).

Table 1:2013-2014 China LED lighting products export market value and export ranking in Vietnam

Imported from Vietnam LED lighting products in the international market, January 2014 -11 month Vietnam imports more than 99% LED lighting products from Chinese, China overwhelmingly become the largest importer of Vietnamese LED products (Figure 1). This shows that Vietnam's economic dependence China unusually high; on the other hand also shows that the Vietnamese market of higher price China LED lighting product acceptance is very high, and with the China "The Belt and Road" and a new round of international cooperation and further implementation of the strategy, undoubtedly lay a tonic for China LED manufacturers continued to seize the market in Vietnam Vietnam, is one of the export market will focus on the layout of Chinese LED products market.

Figure 1:2014 January -11 months Vietnam accounted for the proportion of imported countries

From January 2013 -2014 December China LED lighting products exported to Vietnam market size chart can be seen, in 2013 the whole Chinese LED lighting products exported to Vietnam market has just started, from the fourth quarter of 2013 began to pick up, but still hovering below $20 million. 2014 March was a watershed, exports exceeded $20 million, then the export scale by leaps and bounds, was several times the growth trend, especially in June and July of September, the export scale is very eye-catching performance, were more than $160 million.

Figure 2:2013 January -2014, 2014, China's LED lighting exports in market size chart

Conclusion: in short, the rapid expansion of China's export of LED lighting market in Vietnam is not accidental, nor a flash in the pan. In addition to the country's own development needs, such as stimulating factors, China and Vietnam continue to close economic exchanges and international cooperation in the new situation is bound to open the Vietnamese LED lighting market to help. I believe that with Chinese ASEAN Community of destiny "2+7 cooperation framework", "The Belt and Road" implementation of the strategy of the Asian infrastructure investment bank and Silk Road Fund have been established, China LED enterprise will set off a new round of investment in labor, lower the cost of land for Vietnam, China LED lighting products to seize more market in Vietnam convenience. The future of China's LED lighting market penetration will continue to deepen, let us wait and see.

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