Smart Lighting Market in APAC to Exceed $6 Bn by 2024: GE Lighting, Silver Spring Networks, Schneider Electric, Acuity Brands, Cree, Tvilight and Philips Lighting
The APAC Smart Lighting Market growth is attributed to the growing awareness regarding the benefits of energy-efficient lighting systems to meet the energy security challenges in the developing countries in the region. The government initiatives for offering cost-effective lighting solutions for the residential sector are expected to increase the demand for smart lighting solutions in the region over the forecast period.
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