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The key challenges that the LED lighting market face are the prevalence of alternate technologies and high initial investment. Raising awareness amidst residential end users, financing projects, and leasing and maintenance of lighting solutions in the professional lighting market can tackle these challenges and provide untapped opportunities. End u...

The LED lighting market is gaining momentum in Southeast Asia. The market is smaller than in Asia-Pacific but offers long-term prospects to market participants due to strong governmental support. Other drivers include the development of smart cities and economic corridors in Indonesia and Malaysia. Singapore provides the largest opportunities in So...