Precision Aquaculture Market
Precision Aquaculture Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Precision Aquaculture Market Size and Growth
The Precision Aquaculture market is experiencing robust growth, driven by advancements in technology and sustainable practices. As of 2023, the market is valued at approximately $1.5 billion, with a projected CAGR of over 12% through 2030. Increasing demand for efficient fish farming and data-driven solutions are key growth drivers.
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Companies Covered
(Covid 19 Impact Covered)
◍ AKVA
◍ InnovaSea
◍ Deep Trekker
◍ Eruvaka
◍ Steinsvik
◍ Aquabyte
The Precision Aquaculture Market features companies like AKVA, InnovaSea, Deep Trekker, Eruvaka, Steinsvik, and Aquabyte. These firms utilize advanced technologies for monitoring and optimizing fish farming, enhancing productivity and sustainability. Their innovations drive market growth by improving operational efficiency. Sales revenues include:
- AKVA: $220 million
- InnovaSea: Estimate $75 million
- Aquabyte: $10 million (approx.)
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Market Segmentation
By Application
◍ Feeding Management
◍ Monitoring, Control, and Survelliance
◍ Others
By Product
◍ Smart Feeding Systems
◍ Monitoring & Control Systems
◍ Underwater ROVS
◍ Others
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Market Growth
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$ 25.20 Billion
