Precision Aquaculture Size, Share, Growth, Demand, Emerging Trends and Forecast by 2028


Precision aquaculture market will reach at an estimated value of USD 1.16 billion by 2028 and is expected to grow at a CAGR of 14.30% in the forecast period 2021 to 2028. Rise in the adoption of advanced technologies such as IoT, ROVs, and AI for real-time monitoring of aquaculture farms acts as the major factor driving the growth of precision aquaculture market in the forecast period of 2021-2028.

Precision aquaculture includes numerous hardware and software components interconnected with each other. Sensors installed in the marine environment form a key part of these components as they interpret, monitor, analyze, and offer decision support for farm operations. An extensive variety of sensors, such as optical, acoustic, and biological sensors, are used to gain insights into the farm environment, that assist in making decisions to increase fish health and economic return, along with mitigating risk to the environment.


The major players covered in the precision aquaculture market report are AKVA group, Innovasea Systems Inc, Deep Trekker Inc, ScaleAQ, Aquabyte, Eruvaka Technologies, CPI Equipment Inc, LIFEGARD AQUATICS, Bluegrove, Imenco AS, Signify Holding, PT. Atnic Ekotekno Wicaksana, Planet Lighting, Maritech and OxyGuard A/S. among other domestic and global players. Market share data is available for Global, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analyst understands competitive strengths and provides competitive analysis for each competitor separately.

Precision Aquaculture Market Scope and Market Size:

Precision aquaculture market is segmented on the basis of rearing system, application, component and farm type. The growth among various segments helps in the better analyzation of growth and strategies for better vision of market.

  • Based on rearing system, the precision aquaculture market has been segmented into smart feeding systems, monitoring and control systems, underwater Rov systems and others.
  • Based on application, the precision aquaculture market has been segmented into feeding management, monitoring, control and surveillance and others.
  • Based on component, the precision aquaculture market is segmented into hardware, software and service.
  • The precision aquaculture market is also segmented on the basis of farm type into cage-based and RAS.


Precision Aquaculture Market Country Level Analysis:

Precision aquaculture market is analyses and market size, volume information is provided by country, rearing system, application, component and farm type as referenced above.

The countries covered in  precision aquaculture market report are U.S., Canada, Mexico in North America, Germany, Poland, Ireland, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Chile, Rest of South America as a part of South America, UAE, Saudi Arabia, Egypt, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa(MEA)

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