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Aquaculture Equipment Market Trends

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

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Aquaculture Equipment Market Trends

Advancement in technology is emerge as a major aquaculture equipment industry trend. Cloud computing and big data technologies make it possible to gather massive amounts of data for traceability and process optimization. Automation system can facilitate water quality analysis, ensuring maximum yield throughout the production by making suitable, timely adjustments. Moreover, oxygen levels can be monitored, using online oxygen measuring equipment, alerting the staff when changes occur. A process automation system can help minimize salmon escaping by monitoring the nets continuously for wear and weakness.

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.