Read the Beforeitsnews.com story here. Advertise at Before It's News here.
Profile image
Story Views
Now:
Last hour:
Last 24 hours:
Total:

Market Leadership - Precision Aquaculture Market

% of readers think this story is Fact. Add your two cents.


The global precision aquaculture market is estimated to grow from USD 407 million in 2021 to USD 794 million by 2026; growing at a CAGR of 14.3%. Precision aquaculture technology has the potential to transform the aquaculture industry, making traditional aquaculture activities more efficient and economical. The growth of the precision aquaculture market is driven by factors such as growing investments in technological research and product innovation, the surging adoption of advanced technologies such as IoT, ROVs, and AI for the real-time monitoring of aquaculture farms, the rising demand for protein-rich aqua food, and increasing support by worldwide governments for infrastructure development in aquaculture

Key players in the precision aquaculture market are AKVA group (Norway), InnovaSea Systems (US), Steinsvik (ScaleAQ) (Norway), Deep Trekker (Canada), Aquabyte (US), Eruvaka Technologies (India), Akuakare (Turkey), CPI Equipment (Canada), Lifegard Aquatics (US), Bluegrove (Norway), Imenco AS (Norway), In-Situ (US), Signify (Netherlands), Jala Tech (Indonesia), Planet Lighting (Australia), Maritech Systems (Norway), OxyGaurd (Denmark), Aquaconnect (India), AquaMaof (Israel), MonitorFish (Germany), Observe Technologies (UK), Omso Systems (US), Optimar AS (Norway), and Sensorex (Norway).

AKVA group is one of the leading players in the precision aquaculture market. AKVA group is known for its fit-for-purpose solutions for the global aquaculture industry. Mergers and acquisitions, collaborations, and product launches have been the major strategies adopted by the company to increase its share in the precision aquaculture market. For instance, in 2018, the company acquired Egersund Net AS to gain a leading position in the precision aquaculture market and broaden its product portfolio and service offerings. AKVA group has recently strengthened its position for aquaculture technology products in the Americas with a strong market share in Canada and Chile by increasing its distribution and sales network in these regions. The company also plans to strengthen its position in Asia Pacific in the coming years through partnerships and alliances. It is also planning to develop a next-generation Polar Circle Cage Solution and fully electric boat for the aquaculture industry. The company should consider focusing on ensuring its growth in the precision aquaculture market by investing in underwater remotely-operated vehicles (ROVs) and advanced automation equipment for the aquaculture industry.

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=242307580

InnovaSea is the global leader in developing and implementing leading-edge, sustainable, innovative, and fully-integrated commercial open-ocean fish farming systems. The company has dedicated resources that develop and commercialize innovative, fully integrated, and sustainable fish farming solutions for open-ocean aquaculture. It is well-known for its acoustic telemetry equipment used by researchers worldwide. InnovaSea uses acquisition as a major growth strategy to expand its business operations across the world. Innovasea Systems has acquired Amirix Systems whose subsidiaries, namely, Vemco and HTI-Vemco are the leaders in fish tracking and monitoring solutions for aquaculture researchers worldwide. This acquisition enabled InnovSea to integrate Amirix’s sensors, architecture, and established products into its aquaculture instrumentation to provide a complete integrated solution designed for monitoring aquaculture farms. The company should consider focusing on ensuring its growth in the precision aquaculture market.

Steinsvik (ScaleAQ) is a world-leading technology supplier to the global aquaculture industry. The company is a market leader in camera systems for the aquaculture industry since 1985. It has a strong presence in Western European countries, such as Norway, Ireland, and Scotland. The company could consider exploring new opportunities in developing countries in South America and Asia Pacific through partnerships and alliances with local distributors. It can also focus on penetrating its HD and 4K camera systems in new markets in the coming years.

Deep Trekker provides innovative remotely-operated vehicles for monitoring aquaculture feeding in real time. The DTG3 ROV product of the company offers high-end performance, reaching depths of 305 meters (1,000 ft.) and 12-hour battery life. The company has a strong product portfolio to fulfill the demands of the customers from the aquaculture industry. Underwater ROVs provided by the company are equipped with a 4K UHD camera, which can record footage and capture images in high definition. Deep Trekker has also developed the most intelligent technology platform called BRIDGE for efficient communication and enhanced functioning of underwater ROVs. The use of advanced algorithms in the BRIDGE platform ensures a seamless response between a controller and a vehicle from anywhere in the world. The company has a significant presence in countries such as Canada and Norway. Deep Trekker recently expanded its operations in South America through a new office in Chile.

Eruvaka Technology develops connected devices and mobile-based decision tools to ensure affordable monitoring and automation of aquaculture farms. The company’s IoT-based products allow farmers to actively monitor pond parameters and remotely control automated equipment, which reduces farming risk while increasing feed efficiency and shrimp growth. The company has a strong presence in South Asia. Recently, Eruvaka raised a Series B round of funding led by Nutreco to expand its footprint outside India. The company could consider focusing on expanding its business operations in Southeast Asia, North America, Latin America, and Europe.

Major players in the precision aquaculture market are mainly focusing on acquisitions and partnerships along-with new product launches to achieve continuous and sustainable development.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:               

Mr. Aashish Mehra

MarketsandMarkets™ INC.

630 Dundee Road

Suite 430

Northbrook, IL 60062

USA: 1-888-600-6441



Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world.

Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.

"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.

Please Help Support BeforeitsNews by trying our Natural Health Products below!


Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST

Order by Phone at 888-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST


Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!

HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation

Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.

MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser!  Cleans out toxic buildup with oxygen! 
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover -  Reduces Smart Meter radiation by 96%!  (See Video)

Immusist Beverage Concentrate - Proprietary blend, formulated to reduce inflammation while hydrating and oxygenating the cells.

Report abuse
Loading...

    Comments

    Your Comments
    Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

    MOST RECENT
    Load more ...

    SignUp

    Login

    Newsletter

    Email this story
    Email this story

    If you really want to ban this commenter, please write down the reason:

    If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.