Expansion of LED Tube lights manufacturing base in Germany is to attract foreign investment
REVIEW: “The German automotive lighting is also seeking more funds we urgently need foreign money into the construction of LED facility particularly the public LED Tube lights such as LED tunnel light and LED street light to support the rapid growth of LED lighting development and we welcome all foreign investment company , German will provide an excellent basically facilities and skilled workers for them. ”
In terms of automotive lights and street lights , Germany has invested heavily in the development of related semiconductor lighting industry especially LED Tube lights including the LED tunnel light and LED street light , however, Germany is intended to create a larger semiconductor lighting manufacturing base which is being called for more foreign capital investment, the LED tunnel light and other public LED Tube lights is currently rapidly developing . Professional market research firm Frost & Sullivan projected the growth rate of portion of LED tunnel light and other LED Tube lights will remain in over 10 percent from 2012- 2018 ; 2008-2018 , the LED Tube lights is expected to grow by 27% CAGR .
The German Federal Foreign Trade and Investment Agency experts participating in LED / OLED Expo opening of South Korea said, ” many other lighting companies in semiconductor lighting industry have been ready for the next phase of growth .” Germany Trade & the Invest Deutsche is an official agency of the FederalRepublic ‘s foreign trade and inward investment , seeking the potential investors who are interested in entering the German market , but also provide the German companies hoping to open foreign markets with information consultation.
“Thanks to Germany ‘s energy revolution , domestic lighting infrastructure has been a major upgrade . LED street lights and LED tunnel light used for the pilot project have been started in several cities in Germany .” Jonathan Schoo ,expert of Foreign Trade and Investment Agency said, ” Germany ‘s car lighting is also seeking more funds , we urgently need foreign money into the construction of LED tunnel light and LED street light and other public LED facility to support the rapid growth of LED Tube lightss development and we welcome all foreign investment company , Germany will provide them with excellent infrastructure and skilled workers . “