Global Smart Aquaculture Market - Industry Trends and Forecast to 2030

TABLE OF CONTENTS

1 INTRODUCTION 54

• 1.1 OBJECTIVES OF THE STUDY 54
• 1.2 MARKET DEFINITION 54
• 1.3 OVERVIEW 54
• 1.4 LIMITATIONS 55
• 1.5 MARKETS COVERED 56

2 MARKET SEGMENTATION 61

• 2.1 MARKETS COVERED 61
• 2.2 GEOGRAPHICAL SCOPE 62
• 2.3 YEARS CONSIDERED FOR THE STUDY 63
• 2.4 CURRENCY AND PRICING 63
• 2.5 DBMR TRIPOD DATA VALIDATION MODEL 64
• 2.6 PRODUCT LIFE LINE CURVE 67
• 2.7 MULTIVARIATE MODELING 68
• 2.8 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 69
• 2.9 DBMR MARKET POSITION GRID 70
• 2.10 DBMR MARKET CHALLENGE MATRIX 71
• 2.11 MARKET APPLICATION COVERAGE GRID 72
• 2.12 DBMR VENDOR SHARE ANALYSIS 73
• 2.13 SECONDARY SOURCES 74
• 2.14 ASSUMPTIONS 75

3 EXECUTIVE SUMMARY 76

4 PREMIUM INSIGHTS 79

• 4.1 IMPORT EXPORT ANALYSIS 81
• 4.2 VALUE CHAIN ANALYSIS 82
• 4.3 GOVERNMENT SUPPORT FOR THE DEVELOPMENT OF AQUACULTURE ACTIVITIES 83
• 4.4 INCREASE IN ADOPTION OF PRECISION FARMING 84
• 4.5 PRODUCTION ANALYSIS 85
• 4.6 SUPPLY CHAIN ANALYSIS 86
  • 4.6.1 OVERVIEW 86
  • 4.6.2 LOGISTIC COST SCENARIO 86
  • 4.6.3 IMPORTANCE OF LOGISTICS SERVICE PROVIDERS 86

5 REGULATION COVERAGE 87 

6 MARKET OVERVIEW 90

• 6.1 DRIVERS 92
  • 6.1.1 UPWARD TREND IN THE DEMAND FOR AQUATIC FOOD AMONGST THE POPULATION 92
  • 6.1.2 FAVORABLE OUTLOOK OF THE GOVERNMENT TOWARDS THE AQUACULTURE INDUSTRY 92
  • 6.1.3 RISING INTEGRATION OF ADVANCED TECHNOLOGIES SUCH AS AI, IOT, AND DATA ANALYTICS IN AQUACULTURE ARENA 93
  • 6.1.4 SURGE IN DEMAND FOR LUXURIOUS AND AESTHETICALLY PLEASING PRODUCTS 94
• 6.2 RESTRAINTS 95
  • 6.2.1 HIGH INITIAL INVESTMENT COSTS 95
  • 6.2.2 TECHNICAL EXPERTISE AND SKILL GAPS 96
• 6.3 OPPORTUNITIES 96
  • 6.3.1 COLLABORATION AND PARTNERSHIP BETWEEN TECHNOLOGY PROVIDERS AND END-USERS 96
  • 6.3.2 LUCRATIVE OUTLOOK TOWARDS ENVIRONMENTALLY FRIENDLY SOLUTIONS 97
  • 6.3.3 FOSTERING INNOVATION IN THE DEVELOPMENT OF INTELLIGENT SOLUTIONS 97
• 6.4 CHALLENGES 98
  • 6.4.1 COMPLEX RULES AND REGULATIONS 98
  • 6.4.2 MAINTAINING ENVIRONMENTAL SUSTAINABILITY 99
  • 6.4.3 DATA SECURITY AND PRIVACY CONCERNS 100

7 GLOBAL SMART AQUACULTURE MARKET, BY TYPE 101

• 7.1 OVERVIEW 102
• 7.2 SMART FEEDING SYSTEMS 104
  • 7.2.1 SUBSEA FEEDING SYSTEM 105
  • 7.2.2 WATERBORNE FEEDING SYSTEM 105
  • 7.2.3 ROTOR SPREADERS 106
  • 7.2.4 FLEXIBLE FEEDING SYSTEM 106
  • 7.2.5 OTHERS 106
• 7.3 MONITORING & CONTROL SYSTEMS 106
  • 7.3.1 ENVIRONMENTAL MONITORING SYSTEM 108
  • 7.3.2 SENSORS 108
    • 7.3.2.1 OXYGEN SENSOR 109
    • 7.3.2.2 TEMPERATURE SENSOR 109
    • 7.3.2.3 PH SENSOR 109
    • 7.3.2.4 DATA SENSING 109
  • 7.3.3 FISH TV 109
  • 7.3.4 POND GUARD 109 
• 7.4 WATER TREATMENT SYSTEMS 110
  • 7.4.1 RECIRCULATION AQUACULTURE SYSTEM 111
  • 7.4.2 AERATION 111
  • 7.4.3 FILTRATION 111
  • 7.4.4 DISINFECTION 111
  • 7.4.5 WASTE MANAGEMENT 112
  • 7.4.6 OTHERS 112
• 7.5 AQUACULTURE INTELLIGENCE 112
  • 7.5.1 MONITORING/ CONTROL SYSTEM 113
  • 7.5.2 AERATION & OXYGEN CONTROL SYSTEM 113
  • 7.5.3 CLOUD BASED SOFTWARE 113
  • 7.5.4 DISINFECTION 114
  • 7.5.5 BIOMASS ESTIMATION SYSTEM 114
  • 7.5.6 OTHERS 114
• 7.6 WATER ANIMAL GROWTH MANAGEMENT 114
  • 7.6.1.1 BODY SIZE AND POPULATION MANAGEMENT 115
  • 7.6.1.2 FISH BEHAVIOR ANALYSIS 115
  • 7.6.1.3 DISEASE MANAGEMENT 115
  • 7.6.1.4 OTHERS 116
    • 7.6.1.4.1 VIDEO ANALYSIS 116
    • 7.6.1.4.2 IOT SENSING 116
    • 7.6.1.4.3 SOFTWARES 116
• 7.7 UNDERWATER (ROV'S) 117
  • 7.7.1.1 WORK CLASS ROV 118
  • 7.7.1.2 LIGHT WORK CLASS ROV 118
  • 7.7.1.3 OBSERVATION CLASS ROV 118
  • 7.7.1.4 MICRO OR MINI ROV 118
• 7.8 SUBMERSIBLE AQUACULTURE SYSTEM 119
• 7.9 CLEANING SYSTEMS 120
• 7.10 DESIGN / CONSTRUCTION ENGINEERING 121
• 7.11 AQUACULTURE ENVIRONMENT MANAGEMENT EQUIPMENTS 122
• 7.12 OTHERS 124

8 GLOBAL SMART AQUACULTURE MARKET, BY OFFERING 125

• 8.1 OVERVIEW 126
• 8.2 HARDWARE 127
• 8.3 SOFTWARE 128
• 8.4 SERVICES 128

9 GLOBAL SMART AQUACULTURE MARKET, BY FARM TYPE 129

• 9.1 OVERVIEW 130
• 9.2 RAS FARMS 131
• 9.3 OPEN AQUACULTURE FARMS 132

10 GLOBAL SMART AQUACULTURE MARKET, BY APPLICATION 133

• 10.1 OVERVIEW 134
• 10.2 LAND-BASED AQUACULTURE 135
• 10.3 MARINE-BASED AQUACULTURE 136

11 GLOBAL SMART AQUACULTURE MARKET, BY REGION 137

• 11.1 OVERVIEW 138
• 11.2 ASIA-PACIFIC 142
  • 11.2.1 CHINA 153
  • 11.2.2 INDONESIA 161
  • 11.2.3 INDIA 169
  • 11.2.4 VIETNAM 177
  • 11.2.5 SOUTH KOREA 185
  • 11.2.6 THAILAND 193
  • 11.2.7 PHILIPPINES 201
  • 11.2.8 JAPAN 208
  • 11.2.9 MALAYSIA 216
  • 11.2.10 TAIWAN 224
  • 11.2.11 AUSTRALIA 232
  • 11.2.12 NEW ZEALAND 240
  • 11.2.13 SINGAPORE 247
  • 11.2.14 REST OF ASIA-PACIFIC 255 
• 11.3 EUROPE 257
  • 11.3.1 SPAIN 268
  • 11.3.2 FRANCE 275
  • 11.3.3 ITALY 283
  • 11.3.4 NORWAY 290
  • 11.3.5 NETHERLANDS 298
  • 11.3.6 POLAND 306
  • 11.3.7 GERMANY 313
  • 11.3.8 DENMARK 320
  • 11.3.9 FINLAND 327
  • 11.3.10 SWEDEN 334
  • 11.3.11 BELGIUM 341
  • 11.3.12 RUSSIA 348
  • 11.3.13 U.K. 355
  • 11.3.14 SWITZERLAND 362
  • 11.3.15 TURKEY 369
  • 11.3.16 REST OF EUROPE 376
• 11.4 NORTH AMERICA 377
  • 11.4.1 U.S. 387
  • 11.4.2 CANADA 394
  • 11.4.3 MEXICO 401
• 11.5 MIDDLE EAST AND AFRICA 408
  • 11.5.1 EGYPT 417
  • 11.5.2 SAUDI ARABIA 424
  • 11.5.3 OMAN 431
  • 11.5.4 UNITED ARAB EMIRATES 438
  • 11.5.5 KUWAIT 445
  • 11.5.6 BAHRAIN 452
  • 11.5.7 QATAR 459
  • 11.5.8 SOUTH AFRICA 466
  • 11.5.9 REST OF MIDDLE EAST AND AFRICA 473
• 11.6 SOUTH AMERICA 474
  • 11.6.1 BRAZIL 483
  • 11.6.2 ARGENTINA 490
  • 11.6.3 REST OF SOUTH AMERICA 497 

12 GLOBAL SMART AQUACULTURE MARKET: COMPANY LANDSCAPE 498

• 12.1 COMPANY SHARE ANALYSIS: GLOBAL 498
• 12.2 COMPANY SHARE ANALYSIS: ASIA-PACIFIC 499
• 12.3 COMPANY SHARE ANALYSIS: EUROPE 500
• 12.4 COMPANY SHARE ANALYSIS: NORTH AMERICA 501

13 SWOT ANALYSIS 502

14 COMPANY PROFILES 503

• 14.1 INNOVASEA SYSTEMS INC. 503
  • 14.1.1 COMPANY SNAPSHOT 503
  • 14.1.2 COMPANY SHARE ANALYSIS 503
  • 14.1.3 PRODUCT PORTFOLIO 504
  • 14.1.4 RECENT DEVELOPMENTS 504
• 14.2 SCALEAQ 506
  • 14.2.1 COMPANY SNAPSHOT 506
  • 14.2.2 COMPANY SHARE ANALYSIS 506
  • 14.2.3 PRODUCT PORTFOLIO 507
  • 14.2.4 RECENT DEVELOPMENT 507
• 14.3 IN-SITU INC. 509
  • 14.3.1 COMPANY SNAPSHOT 509
  • 14.3.2 COMPANY SHARE ANALYSIS 509
  • 14.3.3 PRODUCT PORTFOLIO 510
  • 14.3.4 RECENT DEVELOPMENT 510
• 14.4 DEEP TREKKER INC. (A SUBSIDIARY OF HALMA PLC) 511
  • 14.4.1 COMPANY SNAPSHOT 511
  • 14.4.2 COMPANY SHARE ANALYSIS 511
  • 14.4.3 PRODUCT PORTFOLIO 512
  • 14.4.4 RECENT DEVELOPMENTS 512
• 14.5 BLUEGROVE 513
  • 14.5.1 COMPANY SNAPSHOT 513
  • 14.5.2 COMPANY SHARE ANALYSIS 513
  • 14.5.3 PRODUCT PORTFOLIO 514
  • 14.5.4 RECENT DEVELOPMENTS 514
• 14.6 AKVA GROUP 515
  • 14.6.1 COMPANY SNAPSHOT 515
  • 14.6.2 REVENUE ANALYSIS 515
  • 14.6.3 PRODUCT PORTFOLIO 516
  • 14.6.4 RECENT DEVELOPMENTS 516 
• 14.7 AQ1 SYSTEMS PTY LTD 518
  • 14.7.1 COMPANY SNAPSHOT 518
  • 14.7.2 PRODUCT PORTFOLIO 518
  • 14.7.3 RECENT DEVELOPMENT 518
• 14.8 AQUABYTE 519
  • 14.8.1 COMPANY SNAPSHOT 519
  • 14.8.2 PRODUCT PORTFOLIO 519
  • 14.8.3 RECENT DEVELOPMENT 520
• 14.9 AQUAMAOF AQUACULTURE TECHNOLOGIES LTD. 521
  • 14.9.1 COMPANY SNAPSHOT 521
  • 14.9.2 PRODUCT PORTFOLIO 521
  • 14.9.3 RECENT DEVELOPMENTS 521
• 14.10 CPI EQUIPMENT INC. 523
  • 14.10.1 COMPANY SNAPSHOT 523
  • 14.10.2 PRODUCT PORTFOLIO 523
  • 14.10.3 RECENT DEVELOPMENT 523
• 14.11 ERUVAKA TECHNOLOGIES 525
  • 14.11.1 COMPANY SNAPSHOT 525
  • 14.11.2 PRODUCT PORTFOLIO 525
  • 14.11.3 RECENT DEVELOPMENT 525
• 14.12 EXOSITE 526
  • 14.12.1 COMPANY SNAPSHOT 526
  • 14.12.2 PRODUCT PORTFOLIO 526
  • 14.12.3 RECENT DEVELOPMENT 526
• 14.13 HYDRONEO (THAILAND) CO., LTD. 527
  • 14.13.1 COMPANY SNAPSHOT 527
  • 14.13.2 PRODUCT PORTFOLIO 527
  • 14.13.3 RECENT DEVELOPMENT 528
• 14.14 IMENCO AS 529
  • 14.14.1 COMPANY SNAPSHOT 529
  • 14.14.2 PRODUCT PORTFOLIO 529
  • 14.14.3 RECENT DEVELOPMENT 530
• 14.15 LINN GERATEBAU 531
  • 14.15.1 COMPANY SNAPSHOT 531
  • 14.15.2 PRODUCT PORTFOLIO 531
  • 14.15.3 RECENT DEVELOPMENT 532
• 14.16 MARITECH 533
  • 14.16.1 COMPANY SNAPSHOT 533
  • 14.16.2 PRODUCT PORTFOLIO 533
  • 14.16.3 RECENT DEVELOPMENTS 533
• 14.17 MONITORFISH GMBH 535
  • 14.17.1 COMPANY SNAPSHOT 535
  • 14.17.2 PRODUCT PORTFOLIO 535
  • 14.17.3 RECENT DEVELOPMENT 535
• 14.18 NEXTAQUA 536
  • 14.18.1 COMPANY SNAPSHOT 536
  • 14.18.2 PRODUCT PORTFOLIO 536
  • 14.18.3 RECENT DEVELOPMENT 536
• 14.19 PT JALA AKUAKULTUR LESTARI ALAMKU 537
  • 14.19.1 COMPANY SNAPSHOT 537
  • 14.19.2 PRODUCT PORTFOLIO 537
  • 14.19.3 RECENT DEVELOPMENTS 537
• 14.20 QINGDAO HISHING SMART EQUIPMENT CO., LTD 539
  • 14.20.1 COMPANY SNAPSHOT 539
  • 14.20.2 PRODUCT PORTFOLIO 539
  • 14.20.3 RECENT DEVELOPMENT 540

15 QUESTIONNAIRE 541

16 RELATED REPORTS 545

• 14.19 PT JALA AKUAKULTUR LESTARI ALAMKU 537
  • 14.19.1 COMPANY SNAPSHOT 537
  • 14.19.2 PRODUCT PORTFOLIO 537
  • 14.19.3 RECENT DEVELOPMENTS 537
• 14.20 QINGDAO HISHING SMART EQUIPMENT CO., LTD 539
  • 14.20.1 COMPANY SNAPSHOT 539
  • 14.20.2 PRODUCT PORTFOLIO 539
  • 14.20.3 RECENT DEVELOPMENT 540

15 QUESTIONNAIRE 541

16 RELATED REPORTS 545

LIST OF FIGURES

• FIGURE 1 GLOBAL SMART AQUACULTURE MARKET 61
• FIGURE 2 GLOBAL SMART AQUACULTURE MARKET: DATA TRIANGULATION 64
• FIGURE 3 GLOBAL SMART AQUACULTURE MARKET: DROC ANALYSIS 65
• FIGURE 4 GLOBAL SMART AQUACULTURE MARKET: GLOBAL VS REGIONAL MARKET ANALYSIS 66
• FIGURE 5 GLOBAL SMART AQUACULTURE MARKET: COMPANY RESEARCH ANALYSIS 66
• FIGURE 6 GLOBAL SMART AQUACULTURE MARKET: PRODUCT LIFE LINE CURVE 67
• FIGURE 7 GLOBAL SMART AQUACULTURE MARKET: MULTIVARIATE MODELLING 68
• FIGURE 8 GLOBAL SMART AQUACULTURE MARKET: INTERVIEW DEMOGRAPHICS 69
• FIGURE 9 GLOBAL SMART AQUACULTURE MARKET: DBMR MARKET POSITION GRID 70
• FIGURE 10 GLOBAL SMART AQUACULTURE MARKET: DBMR MARKET CHALLENGE MATRIX 71
• FIGURE 11 GLOBAL SMART AQUACULTURE MARKET: MARKET APPLICATION COVERAGE GRID 72
• FIGURE 12 GLOBAL SMART AQUACULTURE MARKET: VENDOR SHARE ANALYSIS 73
• FIGURE 13 GLOBAL SMART AQUACULTURE MARKET: SEGMENTATION 77
• FIGURE 14 ASIA-PACIFIC IS EXPECTED TO DOMINATE THE GLOBAL SMART AQUACULTURE MARKET AND IS EXPECTED TO GROW WITH THE HIGHEST CAGR IN THE FORECAST PERIOD 78
• FIGURE 15 HEIGHTENED AWARENESS REGARDING SUSTAINABLE AQUACULTURE IS EXPECTED TO DRIVE THE GROWTH OF THE GLOBAL SMART AQUACULTURE MARKET IN THE FORECAST PERIOD 79
• FIGURE 16 THE SMART FEEDING SYSTEMS ARE EXPECTED TO ACCOUNT FOR THE LARGEST SHARE OF THE GLOBAL SMART AQUACULTURE MARKET IN 2023 AND 2030 79
• FIGURE 17 ASIA-PACIFIC IS THE FASTEST-GROWING MARKET FOR SMART AQUACULTURE IN THE FORECAST PERIOD 80
• FIGURE 18 IMPORT EXPORT ANALYSIS (USD) 81
• FIGURE 19 VALUE CHAIN OF SMART AQUACULTURE 82
• FIGURE 20 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES OF GLOBAL SMART AQUACULTURE MARKET 91
• FIGURE 21 GLOBAL SMART AQUACULTURE MARKET: BY TYPE, 2022 102
• FIGURE 22 GLOBAL SMART AQUACULTURE MARKET: BY OFFERING, 2022 126
• FIGURE 23 GLOBAL SMART AQUACULTURE MARKET: BY FARM TYPE, 2022 130
• FIGURE 24 GLOBAL SMART AQUACULTURE MARKET: BY APPLICATION, 2022 134
• FIGURE 25 GLOBAL SMART AQUACULTURE MARKET: SNAPSHOT (2022) 139
• FIGURE 26 ASIA-PACIFIC SMART AQUACULTURE MARKET: SNAPSHOT (2022) 142
• FIGURE 27 EUROPE SMART AQUACULTURE MARKET: SNAPSHOT (2022) 257
• FIGURE 28 NORTH AMERICA SMART AQUACULTURE MARKET: SNAPSHOT (2022) 377
• FIGURE 29 MIDDLE EAST AND AFRICA SMART AQUACULTURE MARKET: SNAPSHOT (2022) 408
• FIGURE 30 SOUTH AMERICA SMART AQUACULTURE MARKET: SNAPSHOT (2022) 474
• FIGURE 31 GLOBAL SMART AQUACULTURE MARKET: COMPANY SHARE 2022 (%) 498
• FIGURE 32 ASIA-PACIFIC SMART AQUACULTURE MARKET: COMPANY SHARE 2022 (%) 499
• FIGURE 33 EUROPE SMART AQUACULTURE MARKET: COMPANY SHARE 2022 (%) 500
• FIGURE 34 NORTH AMERICA SMART AQUACULTURE MARKET: COMPANY SHARE 2022 (%) 501