According to a recent estimation made by LEDinside, a division of Trendforce, the total lighting market value of the six major Southeast Asian countries - Thailand, Singapore, Malaysia, Vietnam, Indonesia, and Philippines - will reach about USD 4.8 billion in 2015. Out of that amount, about USD 1.5 billion comes from the LED lighting market. Southeast Asia’s LED lighting market had the fastest pace of growth in 2013 with a year-on-year increase of 63%. Though growth lagged during the 2014-2015 period, the rate was still kept at 30% and above. Moreover, the market penetration rate of LED lighting in Southeast Asia has risen with each passing year and at an accelerating speed. Overall, the market penetration rate of LED lighting in the region is projected to grow from 12% to 32% within 2012-2015. Southeast Asia is growing into the most dynamic and promising LED lighting market.