Published on: November 23, 2024 / Update from: December 3, 2024 - Author: Konrad Wolfenstein
Why Germany's market is the key to the success of Japanese companies in Europe
Business Development: With the right partner in Germany: success factor for Japanese companies in Europe
An expansion or market expansion into Europe, especially Germany, offers numerous advantages and strategic opportunities for Japanese companies. Germany is not only the economic heart of Europe, but also a gateway to the other EU member states. Here are the most important reasons and aspects why expansion is worthwhile and how an experienced partner in Europe can ensure success:
Why Germany and Europe are attractive
1. Access to a large market
- With 83 million inhabitants, Germany has the largest population in the EU and represents the largest consumer and industrial market in Europe.
- Thanks to its central location in Europe, Germany enables smooth access to other EU countries and their markets.
2. Strong economy and infrastructure
- Germany is known for its economic stability, high productivity and excellent infrastructure.
- It offers a politically stable environment with a clear legal framework, which is essential for long-term investments.
3. Leading in key industries
- Sectors such as mechanical engineering, renewable energies (e.g. photovoltaics), electricity storage technologies as well as extended reality (XR) and the industrial metaverse are well represented in Germany.
- German industry is a pioneer in innovations such as Industry 4.0 and the digitalization of production processes.
4. Trade fair and event location
- Germany is a global leader in trade fairs that offer companies a platform to present products, build networks and win new customers.
5. Renewable energy and sustainability
- With a strong focus on renewable energy, Germany offers attractive opportunities for companies in photovoltaics, energy storage and sustainable technologies.
Challenges and the role of a partner
However, entering the European market can bring challenges such as cultural differences, complex regulations or the need for local market knowledge. This is where an experienced partner comes into play.
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An ideal partner for business development
A partner who offers business development, marketing and PR from a single source can optimally support Japanese companies. The following skills are crucial:
Market knowledge in B2B industries
A partner with expertise in mechanical engineering, renewable energies, XR technologies and the metaverse can develop targeted strategies.
Digital expertise
Marketing automation, content development and personalized social media campaigns are essential for building a strong digital presence.
Trade fair and event planning
An experienced partner can support Japanese companies in organizing trade fair appearances or events - an important step towards positioning on the European market.
Intercultural competence
A partner who understands the cultural differences between Japan and Europe can avoid misunderstandings and make market entry easier.
With Xpert.Digital and Konrad Wolfenstein as partners
Expansion into Europe – particularly Germany – offers Japanese companies access to a stable market with great growth potential in key industries. Working with an experienced European partner who combines business development, marketing, PR as well as trade fair and event planning is a crucial success factor. With local know-how, Japanese companies can not only strengthen their presence, but also be successful in the long term.
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