The Market for Light Emitting Diodes (LED) in Germany: Market Brief

Project Report from the year 2010 in the subject Business economics - Offline Marketing and Online Marketing, grade: 1,3, Cologne University of Applied Sciences (Haute Ecole de Géstion Genève - Faculty for Economics and Business Administration), course: International Projects, language: English, abstract: Germany is a net importer of Light-emitting diodes, including laser diodes as classified by the following 8 digit HS code 8541.40-10. Over the last five years Germany has seen domestic production decrease while imports of LEDs are steadily increasing to around 1,766.9 tons accounting for a market share of €299,024.81 in 2009. Germany's semiconductor industry has become a major global partner and driver of development and research of LED technology. While manufacturers from Asia are posing as competition for most of the western world in LED production, Germany's market has maintained a relatively strong position primarily due to high demand in its large automotive sector. In this market brief we analyse the entry requirements and opportunities for foreign firms willing to enter the German market. Furthermore the reader may find a lot of suggestions and contact in order to get in contact with main producers in Germany.