Rapid growth in the German LED Market

German government from 2012 onwards will be allocated 410 million euros to promote the development of optical technology. Germany has a lot of potential in both the design and production process and the new high-tech materials market. Especially in the field of LED, Germany is not only one of the largest and fastest growing markets in europe. It is estimated that by 2016 the German LED market turnover growth will remain 26.6% annual growth.

Currently 1/3 of German street lighting has been used for more than 40 years, is about to be replaced. In accordance with the new EU regulations, prohibit the installation of mercury lamps. As a result, the energy efficiency of LED will be used to save 1 billion euros per year in the streets and buildings.

The Federal Department of foreign trade and investment experts said that Germany's huge market and attractive development environment, as well as outstanding mechanical equipment for the LED supply chain, provides ideal conditions for the Chinese investment enterprises, Chinese enterprises can make full use of the advantages of production in Germany, and German made brand opportunities more to enter the European market.