What is Precision Aquaculture, and Why Do We Need It?

Aquaculture is offered as a sustainable alternative to the ingesting of wild fish, for example, optimizing outputs, reducing inputs (such as feed), and reducing pollution. In aquaculture, various technologies are being used to reduce those environmental hazards, giving rise to the precision aquaculture being this a management concept based on measuring, observing, and responding space/temporal variability of productions. The scope of the precision aquaculture is to put on control-engineering principles to the production, to direct farmers to better control, monitoring, and documentation of biological processes in fish farms.

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Top Key Players:

1. AKUAKARE-Aguaculture Ltd.
2. AKVA group
3. Aquabyte
4. Aqualine AS
5. CPI Equipment Inc.
6. Deep Trekker
7. Eruvaka Technology
8. Innovasea Systems
9. Pentair AES
10. Steinsvik

The rapid adoption of advanced technologies-IoT, rising demand for protein-rich aqua food across the world, feeding robots, artificial intelligence (AI), and underwater remotely operated vehicles (ROVs) on aquaculture farms are some of the major factors driving the growth of the precision aquaculture market. Moreover, rising R&D expenditure and increasing investment in aquaculture technology worldwide and the growing popularity of land-based recirculating aquaculture systems is fueling the precision aquaculture market growth.

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The global precision aquaculture market is segmented on the basis of component, system, application. On the basis of component, the market is segmented as hardware, software, service. On the basis of system, the market is segmented as smart feeding systems, monitoring and control systems, underwater ROV systems, others. On the basis of application, the market is segmented as feeding management, monitoring, control and surveillance, others.

Source: The Insight Partners