Global Precision Aquaculture Market Size study, By Offering (Hardware, Software, Services), By System Type (Smart Feeding Systems, Monitoring and Control Systems, Underwater Remotely-Operated Vehicle Systems, Others), By Application (Feed Optimization, Monitoring and Surveillance, Yield Analysis and Measurement, Others), By Farm Type (Open Aquaculture Farms, RAS Farms), and Regional Forecasts 2022-2028
- BIZ4982654
- 200 Pages
- May 2022
- Food and Beverages
Precision aquaculture has transformed the traditional aquaculture activities and offers better efficiency and productivity of the aquaculture industry. Precision aquaculture is aiming to deploy various sensors for enhancing the farmer’s ability to monitor, control, and analyze the biological processes in fish farms. The increasing income levels and demand for protein-rich aqua food, rising government support for freshwater aquaculture production, coupled with growing adoption of advanced technologies such as AI, ROVs, and IoT for real-time monitoring of aquaculture farms are the chief driving factors for the global market growth. For instance, in 2019 fish production around the world is recorded with 172.6 million metric tons, and the amount increases and reaches 178.1 million metric tons in 2021. Accordingly, the rising fish production is surging the demand for precision aquaculture, thus, in turn, augments the market growth worldwide. However, the rising need for skilled operators for effective management of complex systems and lack of technological awareness among aquaculture farmers impedes the growth of the market over the forecast period of 2022-2028. Also, the growing adoption of aquaculture monitoring and feed optimization devices in developing countries and the rising popularity of land-based recirculating aquaculture systems is anticipated to act as a catalyzing factor for the market demand during the forecast period.
The key regions considered for the global Precision Aquaculture Market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. Asia-Pacific is the leading region across the world in terms of market share owing to the high acceptance of aquaculture technology and increasing aquaculture farms activities in regions such as Japan, China, Indonesia, India, and South Korea. Whereas, Latin America is anticipated to exhibit the highest CAGR over the forecast period 2022-2028. Factors such as increasing penetration of automated solutions like underwater ROVs and smart camera systems in aquaculture farms, as well as the rising emphasis on the deployment of IoT-based monitoring devices, would create lucrative growth prospects for the Precision Aquaculture Market across the Latin American region.
Major market players included in this report are:
AKVA group
InnovaSea Systems, Inc.
Deep Trekker, Inc.
Aquabyte AS
Eruvaka Technologies Pvt. Ltd.
CPI Equipment Inc.
Lifegard Aquatics
Bluegrove AS
Imenco AS
Aquaconnect
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Offering:
Hardware
Software
Services
By System Type:
Smart Feeding Systems
Monitoring and Control Systems
Underwater Remotely-Operated Vehicle Systems
Others
By Application:
Feed Optimization
Monitoring and Surveillance
Yield Analysis and Measurement
Others
By Farm Type:
Open Aquaculture Farms
RAS Farms
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Precision Aquaculture Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Million)
1.2.1. Global Precision Aquaculture Market, by Region, 2020-2028 (USD Million)
1.2.2. Global Precision Aquaculture Market, by Offering, 2020-2028 (USD Million)
1.2.3. Global Precision Aquaculture Market, by System Type, 2020-2028 (USD Million)
1.2.4. Global Precision Aquaculture Market, by Application, 2020-2028 (USD Million)
1.2.5. Global Precision Aquaculture Market, by Farm Type, 2020-2028 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Precision Aquaculture Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Precision Aquaculture Market Dynamics
3.1. Precision Aquaculture Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Surging adoption of advanced technologies such as IoT, ROVs, and AI for real-time monitoring of aquaculture farms
3.1.1.2. Rising income levels and demand for protein-rich aqua food
3.1.2. Market Challenges
3.1.2.1. Rising need for skilled operators for effective management of complex systems
3.1.2.2. Lack of technological awareness among aquaculture farmers
3.1.3. Market Opportunities
3.1.3.1. Growing adoption of aquaculture monitoring and feed optimization devices in developing countries
3.1.3.2. Rising popularity of land-based recirculating aquaculture systems
Chapter 4. Global Precision Aquaculture Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the industry
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Precision Aquaculture Market, by Offering
6.1. Market Snapshot
6.2. Global Precision Aquaculture Market by Offering, Performance - Potential Analysis
6.3. Global Precision Aquaculture Market Estimates & Forecasts by Offering 2018-2028 (USD Million)
6.4. Precision Aquaculture Market, Sub Segment Analysis
6.4.1. Hardware
6.4.2. Software
6.4.3. Services
Chapter 7. Global Precision Aquaculture Market, by System Type
7.1. Market Snapshot
7.2. Global Precision Aquaculture Market by System Type, Performance - Potential Analysis
7.3. Global Precision Aquaculture Market Estimates & Forecasts by System Type 2018-2028 (USD Million)
7.4. Precision Aquaculture Market, Sub Segment Analysis
7.4.1. Smart Feeding Systems
7.4.2. Monitoring and Control Systems
7.4.3. Underwater Remotely-Operated Vehicle Systems
7.4.4. Others
Chapter 8. Global Precision Aquaculture Market, by Application
8.1. Market Snapshot
8.2. Global Precision Aquaculture Market by Application, Performance - Potential Analysis
8.3. Global Precision Aquaculture Market Estimates & Forecasts by Application 2018-2028 (USD Million)
8.4. Precision Aquaculture Market, Sub Segment Analysis
8.4.1. Feed Optimization
8.4.2. Monitoring and Surveillance
8.4.3. Yield Analysis and Measurement
8.4.4. Others
Chapter 9. Global Precision Aquaculture Market, by Farm Type
9.1. Market Snapshot
9.2. Global Precision Aquaculture Market by Farm Type, Performance - Potential Analysis
9.3. Global Precision Aquaculture Market Estimates & Forecasts by Farm Type 2018-2028 (USD Million)
9.4. Precision Aquaculture Market, Sub Segment Analysis
9.4.1. Open Aquaculture Farms
9.4.2. RAS Farms
Chapter 10. Global Precision Aquaculture Market, Regional Analysis
10.1. Precision Aquaculture Market, Regional Market Snapshot
10.2. North America Precision Aquaculture Market
10.2.1. U.S. Precision Aquaculture Market
10.2.1.1. Offering estimates & forecasts, 2018-2028
10.2.1.2. System Type estimates & forecasts, 2018-2028
10.2.1.3. Application estimates & forecasts, 2018-2028
10.2.1.4. Farm Type estimates & forecasts, 2018-2028
10.2.2. Canada Precision Aquaculture Market
10.3. Europe Precision Aquaculture Market Snapshot
10.3.1. U.K. Precision Aquaculture Market
10.3.2. Germany Precision Aquaculture Market
10.3.3. France Precision Aquaculture Market
10.3.4. Spain Precision Aquaculture Market
10.3.5. Italy Precision Aquaculture Market
10.3.6. Rest of Europe Precision Aquaculture Market
10.4. Asia-Pacific Precision Aquaculture Market Snapshot
10.4.1. China Precision Aquaculture Market
10.4.2. India Precision Aquaculture Market
10.4.3. Japan Precision Aquaculture Market
10.4.4. Australia Precision Aquaculture Market
10.4.5. South Korea Precision Aquaculture Market
10.4.6. Rest of Asia Pacific Precision Aquaculture Market
10.5. Latin America Precision Aquaculture Market Snapshot
10.5.1. Brazil Precision Aquaculture Market
10.5.2. Mexico Precision Aquaculture Market
10.6. Rest of The World Precision Aquaculture Market
Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. AKVA group
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject to Data Availability)
11.2.1.4. Product Summary
11.2.1.5. Recent Developments
11.2.2. InnovaSea Systems, Inc.
11.2.3. Deep Trekker, Inc.
11.2.4. Aquabyte AS
11.2.5. Eruvaka Technologies Pvt. Ltd.
11.2.6. CPI Equipment Inc.
11.2.7. Lifegard Aquatics
11.2.8. Bluegrove AS
11.2.9. Imenco AS
11.2.10. Aquaconnect
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption
TABLE 1. Global Precision Aquaculture Market, report scope
TABLE 2. Global Precision Aquaculture Market estimates & forecasts by Region 2018-2028 (USD Million)
TABLE 3. Global Precision Aquaculture Market estimates & forecasts by Offering 2018-2028 (USD Million)
TABLE 4. Global Precision Aquaculture Market estimates & forecasts by System Type 2018-2028 (USD Million)
TABLE 5. Global Precision Aquaculture Market estimates & forecasts by Application 2018-2028 (USD Million)
TABLE 6. Global Precision Aquaculture Market estimates & forecasts by Farm Type 2018-2028 (USD Million)
TABLE 7. Global Precision Aquaculture Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 8. Global Precision Aquaculture Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 9. Global Precision Aquaculture Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 10. Global Precision Aquaculture Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 11. Global Precision Aquaculture Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 12. Global Precision Aquaculture Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 13. Global Precision Aquaculture Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 14. Global Precision Aquaculture Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 15. Global Precision Aquaculture Market by segment, estimates & forecasts, 2018-2028 (USD Million)
TABLE 16. Global Precision Aquaculture Market by region, estimates & forecasts, 2018-2028 (USD Million)
TABLE 17. U.S. Precision Aquaculture Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 18. U.S. Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 19. U.S. Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 20. Canada Precision Aquaculture Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 21. Canada Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 22. Canada Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 23. UK Precision Aquaculture Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 24. UK Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 25. UK Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 26. Germany Precision Aquaculture Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 27. Germany Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 28. Germany Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 29. RoE Precision Aquaculture Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 30. RoE Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 31. RoE Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 32. China Precision Aquaculture Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 33. China Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 34. China Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 35. India Precision Aquaculture Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 36. India Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 37. India Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 38. Japan Precision Aquaculture Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 39. Japan Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 40. Japan Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 41. RoAPAC Precision Aquaculture Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 42. RoAPAC Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 43. RoAPAC Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 44. Brazil Precision Aquaculture Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 45. Brazil Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 46. Brazil Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 47. Mexico Precision Aquaculture Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 48. Mexico Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 49. Mexico Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 50. RoLA Precision Aquaculture Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 51. RoLA Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 52. RoLA Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 53. Row Precision Aquaculture Market estimates & forecasts, 2018-2028 (USD Million)
TABLE 54. Row Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 55. Row Precision Aquaculture Market estimates & forecasts by segment 2018-2028 (USD Million)
TABLE 56. List of secondary sources, used in the study of global Precision Aquaculture Market
TABLE 57. List of primary sources, used in the study of global Precision Aquaculture Market
TABLE 58. Years considered for the study
TABLE 59. Exchange rates considered
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