Hops are one of the major ingredient used in the beer. The researchers are testing new methods for growing hops indoors, using LED lights to optimize growing conditions, make better beer. LEDs produce the perfect light on the spectrum to replace sunlight leading to decreased rooting time leading to faster growth cycles over the calendar year. And preliminary results indicate that the essential oils (the portion that produces the taste) in the hops appear to be much higher when they are grown in the greenhouse. The acids that give the hops bitterness may also be elevated.
The Global Hops LED Lighting Market was valued at xxx million USD with a CAGR xx% from 2015-2019. Subsequently, it will touch xxx million USD in 2020 with a CAGR xx % from 2020 - 2026.
It also includes Market size and forecast by each application segment in terms of volume for the period 2021-2026.
In the global Hops LED Lighting Market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the Market on the basis of application, type, regions, and manufactures.
In Market segmentation by manufacturers, the report covers the following companies-
Philips
Osram
Everlight Electronics
Hubbell Lighting
Cree
General Electric
Gavita
Kessil
Fionia Lighting
Illumitex
Lumigrow
Valoya
Cidly
Heliospectra AB
Ohmax Optoelectronic
In Market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In Market segmentation by types :
Top-Light
Vertical Light
In Market segmentation by applications :
Commercial Hops Greenhouse
Indoor and Vertical Farming
Home Gardens
The research provides answers to the following key questions:
• What is the estimated growth rate and Market share and size of the Hops LED Lighting Market for the forecast period 2020 - 2026?
• What are the driving forces in the Hops LED Lighting Market for the forecast period 2020 - 2026?
• Who are the prominent Market players and how have they gained a competitive edge over other competitors?
• What are the Market trends influencing the progress of the Hops LED Lighting industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the Market hold for the prominent Market players?