Press release
Smart Aquaculture Market growing with a CAGR of 4.8%, Size, Share, Trends
The global smart aquaculture market is expected to grow significantly in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 4.8% in the forecast period of 2023 to 2030 and is expected to reach USD 34,906,078,874.79 by 2030. The major factor driving the growth of is the rising popularity of smart aquaculture products among the industries and growing awareness regarding the properties of smart aquaculture products.The global smart aquaculture market is primarily driven by the growing global demand for seafood coupled with the need for sustainable and efficient aquaculture practices. Advanced technologies such as Internet of Things (IoT), sensors, automation, and data analytics are increasingly being integrated into aquaculture operations to monitor and optimize parameters such as water quality, feeding, and fish health. These technologies enable farmers to enhance production efficiency, minimize environmental impact, and mitigate risks associated with disease outbreaks.
View Detailed Report: https://www.databridgemarketresearch.com/reports/global-smart-aquaculture-market
The global smart aquaculture market report provides details of market share, new developments, and the impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, products approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario, contact us for an analyst brief. Our team will help you create a revenue-impact solution to achieve your desired goal.
Recent Development
In September 2023, Imenco AS expanded its presence in the aquaculture industry by acquiring aqua technology company ESTRO and establishing a new office in Bergen. This move strengthens company's position in fish welfare and aquaculture, introducing valuable expertise and eco-friendly products
In May 2023, PT JALA Akuakultur Lestari Alamku introduced a game-changing update to their JALA App for Mobile. Users can effortlessly access their accounts by logging in with their phone numbers, enhancing security and convenience. No longer dependent on email credentials, users can enter their registered phone numbers and passwords. This feature streamlines access, eliminating concerns about forgotten email addresses. With this latest update, JALA redefines ease in shrimp farming.
Key Players Analysis:
Some of the player operating in the global smart aquaculture market are LIXIL Corporation, Kohler Co., TOTO LTD., Roca Sanitario, S.A.U., Villeroy & Boch AG, Franke Group, Moen Incorporated, Hansgrohe, TRITON (A subsidiary of Norcros plc), Jaquar India, Delta Faucet Company, Hindware Home Innovation Limited, CERA, Jacuzzi Inc., GESSI SPA, Aqualisa (A subsidiary of Fortune Brands Innovations), Gerber Plumbing Fixtures LLC (A subsidiary of Globe Union Industrial Corp.), Silverdale Bathrooms, and Sri Nilkanth Industries, among others.
Global Smart Aquaculture Market Scope
The global smart aquaculture market is categorized based on type, offering, farm type, application. The growth amongst these segments will help you analyze major growth segments in the industries and provide the users with a valuable market overview and market insights to make strategic decisions to identify core market applications.
Type
Smart Feeding Systems
Monitoring & Control Systems
Water Treatment Systems
Aquaculture Intelligence
Water Animal Growth Management
Underwater (Rov's)
Submersible Aquaculture System
Cleaning Systems
Design / Construction Engineering
Aquaculture Environment Management Equipments
Others
On the basis of type, the market is segmented into smart feeding systems, monitoring & control systems, water treatment systems, aquaculture intelligence, water animal growth management, underwater (ROV's), submersible aquaculture system, cleaning systems, design/construction engineering, aquaculture environment management equipments, and others.
Offering
Hardware
Software
Services
On the basis of function, the market is segmented into hardware, software, and services.
Farm Type
Industrial
Ras Farms
Open Aquaculture Farms
On the basis of farm type, the market is segmented into RAS farms and open aquaculture farms.
Application
Land-Based Aquaculture
Marine-Based Aquaculture
On the basis of application, the market is segmented into land-based aquaculture and marine-based aquaculture.
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About Data Bridge Market Research:
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Data Bridge Market Research has over 500 analysts working in different industries. We have catered more than 40% of the fortune 500 companies globally and have a network of more than 5000+ clientele around the globe. Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. We are content with our glorious 99.9 % client satisfying rate.
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