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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 world LED market has experienced a surge in the recent past. What started as a luxurious niche segment in the market for architectural and ambient lighting has today established itself as the technology of the future for all applications. Yet the penetration of LED in the total lighting market remains low. Consumer demand remains strong only in...