Home > Agriculture > Agri Machinery & Tech > Agri Equipment > Aquaculture Equipment Market

Aquaculture Equipment Market Share

Report ID: GMI5627
Published Date: May 2024
Report Format: PDF

Download Free Sample

Aquaculture Equipment Market Share

Global Aquaculture Equipment Company Market Share Analysis, 2023

Key players involve in the AKVA Group, Blue Ridge Aquaculture, Inc., Grundfos Holding A/S, PentairAES, and Xylem accounting market share of 8-12% in 2023. Key competitors adopt a variety of strategies to gain a competitive advantage, including product innovation, technology developments, strategic collaborations, and robust advertising. Manufacturers spend heavily in R&D to provide unique and efficient equipment that aligns with the changing demands of aquaculture farmers. Automation, sensors, and data analytics are among the technological improvements fueling competitiveness as manufacturers compete to provide advanced technologies that maximize aquaculture operations.

Aquaculture Equipment Market Companies

Major companies operating in the aquaculture equipment industry include:

ABB
AKVA Group
Asakua
Blue Ridge Aquaculture, Inc.
CPI Equipment
eWater Aquaculture Equipment Technology Limited
Frea Aquaculture Solutions
Grundfos Holding A/S
Innovasea
INVE Aquaculture
LINN Gerätebau
Merck & Co. Inc.
PentairAES
Pioneer Group
Xylem

Authors: Preeti Wadhwani, Aishvarya Ambekar

Frequently Asked Questions (FAQ) :

The market size of aquaculture equipment was reached USD 3.53 billion in 2023 and will grow at over 5.4% CAGR during 2024 to 2032, driven by the rising demand for sea food and emerging aqua related business.

Aquaculture equipment industry size from the aeration systems equipment type recorded USD 912 million in 2023 and is expected to reach USD 1.48 billion by 2032, as they increase the dissolved oxygen content of the water.

Asia Pacific aquaculture equipment market size crossed USD 1.60 billion in 2023 and will exceed USD 2.61 billion by 2032, driven by the increasing demand for seafoods.

ABB, AKVA Group, Asakua, Blue Ridge Aquaculture, Inc., CPI Equipment, eWater Aquaculture Equipment Technology Limited, Frea Aquaculture Solution, Grundfos Holding A/S, and Innovasea among others.