Import News
2025-08-19
The LED import market is fiercely competitive, but still has good development prospects. Firstly, LED lighting fixtures are one of the necessities of life and work, with a huge market demand. Secondly, with the advancement of technology, LED lighting fixtures continue to innovate, and the styles and designs of products are becoming increasingly diverse, which can meet the needs of different customers and expand market demand.
With the continuous popularization of energy-saving and environmental protection concepts in various countries around the world, the overall output value of the global LED import market continues to grow. The market size in North America will reach 15.02 billion US dollars in 2024, a year-on-year increase of 4.99%, while the market size in Europe will reach 18.628 billion US dollars in 2024, a year-on-year increase of 5.23%.
According to Tendata Global Trade Data, the Following Countries are the Top 10 Countries of LED Imports in 2024:
Vietnam:$2,846.52 million(28.15% )
India:$2,287.15 million(22.62% )
Mexico:$1,106.23 million(10.94% )
Peru:$667.56 million(6.60% )
Russia:$487.61 million(4.82% )
Philippines:$413.37 million(4.09% )
Ukraine:$379.68 million(3.75% )
Turkey:$214.45 million(2.12% )
Kazakhstan:$212.80 million(2.10% )
Pakistan:$185.01 million(1.83% )
In 2024, the global LED product import market is mainly concentrated in Asian countries, with the top ten importing countries accounting for over 80% of the total market share. Vietnam and India account for more than half of the market share, while some Latin American and European countries also show outstanding performance.
According to Tendata Global Trade Data, the Following Companies are the Largest Participants in Global LED Imports in 2024:
CÔNG TY TNHH ĐIỆN TỬ THÔNG MINH TCL VIỆT NAM(Vietnam):$606.57 million(6.00% )
Chinese home appliance giant TCL's subsidiary in Vietnam imports LEDs for the assembly of electronic products such as televisions and displays.
DIXON TECHNOLOGIES INDIA PVT LTD(India):$261.17 million(2.58% )
One of the largest electronic manufacturing service companies in India, undertaking OEM production for multiple international brands.
SAMSUNG INDIA ELECTRONICS PVT LTD(India):$165.08 million(1.63% )
Samsung's main subsidiary in India imports LEDs for manufacturing products such as smartphones and televisions.
TTE ELECTRONICS INDIA PRIVATE LIMITED(India):$152.94 million(1.51% )
A local electronics OEM enterprise in India provides manufacturing services for global home appliance brands, with LED being one of the core components.
CÔNG TY TNHH SEOUL SEMICONDUCTOR VINA(Vietnam):$124.29 million(1.23% )
Seoul Semiconductor's factory in Vietnam imports LED components and assembles them to serve the global lighting market.
CÔNG TY TNHH INZI VINA(Vietnam):$110.40 million(1.09% )
Inzi Controls' Vietnam branch in South Korea mainly engages in the production of automotive electronic components, with LED used in car lighting systems.
CÔNG TY TNHH ĐIỆN TỬ SAMSUNG HCMC CE COMPLEX CHI N...(Vietnam):$101.32 million(1.00% )
Samsung's comprehensive consumer electronics factory in Ho Chi Minh City, Vietnam, imports LEDs for the assembly of televisions and home appliances.
WINSHARP ELECTRONICS PRIVATE LIMITED(India):$96.36 million(0.95% )
Indian electronics manufacturing company, specializing in OEM of display equipment and LED modules.
SAMSUNG ELECTRONICS PERU SAC(Peru):$94.94 million(0.94% )
Samsung's subsidiary in Peru imports LED products for consumer electronics assembly and sales in the Latin American market.
CÔNG TY TNHH LG INNOTEK VIỆT NAM HẢI PHÒNG(Vietnam):$91.18 million(0.90% )
LG Innotek's factory in Haiphong, Vietnam mainly imports LEDs for use in displays, televisions, and smart terminals.
Conclusion: The rapid growth in import volume in emerging markets such as Peru, Russia, and the Philippines indicates that Latin America and Southeast Asia remain important expansion directions for future exporters.
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