Aiming at an expected double digit annual growth through 2018 for German LED industry, Germany Trade & Invest has announced to center on LED technologies.
Germany Trade & Invest experts, who will be at this year‘s LED/OLED Expo in South Korea from June 26 until June 29, have said that LED and OLED companies are well positioned for the next growth phase within the industry.
Jonathan Schoo, electronics and microtechnology expert at Germany Trade & Invest in Berlin, pointed out that, "The revolution in Germany is enabling many infrastructural upgrades. Several German cities have already begun testing in street s and in buildings. The German automobile industry is also exploring the advantages of , which could draw in valuable investments."
According to Frost & Sullivan, a market research company, the industry in Germany is expected to produce a compound annual growth rate of 27 percent between 2008 and 2018. Many municipalities in Germany see 50 percent of total costs being devoted to . Newly installed LED fixtures have the potential to bring down used in street by 80 percent.
"There is a call for foreign investment to support increasing LED installations. Germany provides an excellent infrastructure and a skilled workforce for international companies interested in taking advantage of the recent shift in the country," concluded Schoo.
Germany Trade & Invest experts, who will be at this year‘s LED/OLED Expo in South Korea from June 26 until June 29, have said that LED and OLED companies are well positioned for the next growth phase within the industry.
Jonathan Schoo, electronics and microtechnology expert at Germany Trade & Invest in Berlin, pointed out that, "The revolution in Germany is enabling many infrastructural upgrades. Several German cities have already begun testing in street s and in buildings. The German automobile industry is also exploring the advantages of , which could draw in valuable investments."
According to Frost & Sullivan, a market research company, the industry in Germany is expected to produce a compound annual growth rate of 27 percent between 2008 and 2018. Many municipalities in Germany see 50 percent of total costs being devoted to . Newly installed LED fixtures have the potential to bring down used in street by 80 percent.
"There is a call for foreign investment to support increasing LED installations. Germany provides an excellent infrastructure and a skilled workforce for international companies interested in taking advantage of the recent shift in the country," concluded Schoo.
No comments:
Post a Comment