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According to the latest research, the global Aquaculture ROV market size was valued at USD 51.31 million in 2022 and is expected to expand at a CAGR of 14.6% during the forecast period, reaching USD 116.22 million by 2028.
Aquaculture mainly includes raising, breeding, and obtaining animals and plants in seawater and freshwater environments. ROV is an unmanned underwater vehicle, which is connected to human operations by cables. Often equipped with underwater light sources and cameras, cameras, robotic arms, sonar, etc. Aquaculture ROV mainly refers to ROV used for aquaculture.
Aquaculture ROV Market Drivers
Aquaculture is one of the fastest growing industries in the food industry worldwide, providing a large number of aquatic products for humans. According to the latest global aquaculture data compiled by FAO, in 2018, world aquaculture production once again hit a record high, with a fresh weight of 114.5 million tons. The contribution of aquaculture to the total global fish production has been continuously increasing, from 25.7% in 2000 to 46.0% in 2016-18.
However, aquaculture currently faces problems such as mechanization, low degree of automation, and low output and efficiency, so it is urgent to transform and upgrade. Aquaculture ROV is a mobile and flexible underwater operation equipment. Compared with traditional underwater operation methods, it has obvious advantages in operation methods, scope, and adaptability. After Aquaculture ROV is applied to aquaculture monitoring and operations, it is expected to change the existing aquaculture mode, promote the transformation of the aquaculture industry to mechanization, engineering, intelligence, and intelligence, and alleviate the development crisis of the aquaculture industry. Therefore, Aquaculture ROV products have gradually promoted the transformation of the aquaculture industry in aspects such as water quality detection, video surveillance and transmission, target recognition and positioning, and high-precision underwater navigation. The demand for the transformation of the aquaculture industry has also promoted the continuous development of Aquaculture ROV products.
Aquaculture ROV Market Challenges
As a tool used by humans in the aquaculture industry, Aquaculture ROV is a special application of advanced robotic technology under water. Aquaculture ROV's manufacturing involves cutting-edge technology fields that combine disciplines such as machinery, control, information, navigation, and ships. As a result, the technical threshold of the industry is relatively high. Such as in aquaculture operations (such as sea cucumber harvesting, dead fish picking up, etc.). The underwater operating environment of aquaculture is complicated, the light is dim, the ocean currents change with time, and the target animals (sea cucumbers, dead fish) have different specifications and shapes. The precision and speed of the picking operation are high. How to quickly identify the target animal and perform precise operation control is a recognized problem that plagues the aquatic industry. Therefore, Aquaculture ROV products need to overcome problems such as imaging quality and underwater image restoration algorithms. It can be seen that Aquaculture ROV poses a high technical barrier to new entrants in the industry.
Region Overview:
From 2022-2027, North America is estimated to witness robust growth prospects.
Company Overview:
AKVA GROUP, Deep Trekker, PowerVision, SEAMOR and Blueye Robotics are the five key players in the global Aquaculture ROV market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Aquaculture ROV market in the past 5 years.
AKVA Group is a global technology and service partner that provides technologies and services that help solve biological challenges in the aquaculture industry.
Deep Trekker provides the world's truly portable, affordable, and easy to use remotely operated vehicles (ROVs) submersible crawler systems and subsurface cameras.
With sales in over 80 countries, Deep Trekker robots can be found in industries ranging from aquaculture to municipal contracting, commercial diving, recreation, military, search and rescue, shipping, infrastructure and more.
Segmentation Overview:
Among different product types, Depth below 100m segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Underwater Observation segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Aquaculture ROV industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Aquaculture ROV. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Aquaculture ROV Market Report Include:
Market Size Estimates: Aquaculture ROV market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Aquaculture ROV market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Aquaculture ROV market
Segment Market Analysis: Aquaculture ROV market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Aquaculture ROV market situations and prospects in major and top regions and countries
Aquaculture ROV Market
Aquaculture ROV Industry Chain: Aquaculture ROV market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Aquaculture ROV Industry News, Policies by regions
Aquaculture ROV Industry Porters Five Forces Analysis
Key players in the global Aquaculture ROV market are covered in Chapter 2:
VxFly
PowerVision
Blueye Robotics
Deep Trekker
VideoRay
Nido Robotics
AKVA GROUP
Chasing
SEAMOR
ROBOSEA
ROV Innovations
In Chapter 6 and Chapter 9, on the basis of types, the Aquaculture ROV market from 2018 to 2028 is primarily split into:
Depth below 100m
Depth 100m-200m
Depth 201-300m
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Aquaculture ROV market from 2018 to 2028 covers:
Underwater Observation
Environmental Test
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Aquaculture ROV market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Aquaculture ROV industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Aquaculture ROV market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Aquaculture ROV industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Aquaculture ROV market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Aquaculture ROV market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Aquaculture ROV market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Aquaculture mainly includes raising, breeding, and obtaining animals and plants in seawater and freshwater environments. ROV is an unmanned underwater vehicle, which is connected to human operations by cables. Often equipped with underwater light sources and cameras, cameras, robotic arms, sonar, etc. Aquaculture ROV mainly refers to ROV used for aquaculture.
Aquaculture ROV Market Drivers
Aquaculture is one of the fastest growing industries in the food industry worldwide, providing a large number of aquatic products for humans. According to the latest global aquaculture data compiled by FAO, in 2018, world aquaculture production once again hit a record high, with a fresh weight of 114.5 million tons. The contribution of aquaculture to the total global fish production has been continuously increasing, from 25.7% in 2000 to 46.0% in 2016-18.
However, aquaculture currently faces problems such as mechanization, low degree of automation, and low output and efficiency, so it is urgent to transform and upgrade. Aquaculture ROV is a mobile and flexible underwater operation equipment. Compared with traditional underwater operation methods, it has obvious advantages in operation methods, scope, and adaptability. After Aquaculture ROV is applied to aquaculture monitoring and operations, it is expected to change the existing aquaculture mode, promote the transformation of the aquaculture industry to mechanization, engineering, intelligence, and intelligence, and alleviate the development crisis of the aquaculture industry. Therefore, Aquaculture ROV products have gradually promoted the transformation of the aquaculture industry in aspects such as water quality detection, video surveillance and transmission, target recognition and positioning, and high-precision underwater navigation. The demand for the transformation of the aquaculture industry has also promoted the continuous development of Aquaculture ROV products.
Aquaculture ROV Market Challenges
As a tool used by humans in the aquaculture industry, Aquaculture ROV is a special application of advanced robotic technology under water. Aquaculture ROV's manufacturing involves cutting-edge technology fields that combine disciplines such as machinery, control, information, navigation, and ships. As a result, the technical threshold of the industry is relatively high. Such as in aquaculture operations (such as sea cucumber harvesting, dead fish picking up, etc.). The underwater operating environment of aquaculture is complicated, the light is dim, the ocean currents change with time, and the target animals (sea cucumbers, dead fish) have different specifications and shapes. The precision and speed of the picking operation are high. How to quickly identify the target animal and perform precise operation control is a recognized problem that plagues the aquatic industry. Therefore, Aquaculture ROV products need to overcome problems such as imaging quality and underwater image restoration algorithms. It can be seen that Aquaculture ROV poses a high technical barrier to new entrants in the industry.
Region Overview:
From 2022-2027, North America is estimated to witness robust growth prospects.
Company Overview:
AKVA GROUP, Deep Trekker, PowerVision, SEAMOR and Blueye Robotics are the five key players in the global Aquaculture ROV market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Aquaculture ROV market in the past 5 years.
AKVA Group is a global technology and service partner that provides technologies and services that help solve biological challenges in the aquaculture industry.
Deep Trekker provides the world's truly portable, affordable, and easy to use remotely operated vehicles (ROVs) submersible crawler systems and subsurface cameras.
With sales in over 80 countries, Deep Trekker robots can be found in industries ranging from aquaculture to municipal contracting, commercial diving, recreation, military, search and rescue, shipping, infrastructure and more.
Segmentation Overview:
Among different product types, Depth below 100m segment is anticipated to contribute the largest market share in 2027.
Application Overview:
By application, the Underwater Observation segment occupied the biggest share from 2017 to 2022.
This report elaborates on the market size, market characteristics, and market growth of the Aquaculture ROV industry between the year 2018 to 2028, and breaks down according to the product type, downstream application, and consumption area of Aquaculture ROV. The report also introduces players in the industry from the perspective of the value chain and looks into the leading companies.
Key Points this Global Aquaculture ROV Market Report Include:
Market Size Estimates: Aquaculture ROV market size estimation in terms of revenue and sales from 2018-2028
Market Dynamic and Trends: Aquaculture ROV market drivers, restraints, opportunities, and challenges
Macro-economy and Regional Conflict: Influence of global inflation and Russia & Ukraine War on the Aquaculture ROV market
Segment Market Analysis: Aquaculture ROV market revenue and sales by type and by application from 2018-2028
Regional Market Analysis: Aquaculture ROV market situations and prospects in major and top regions and countries
Aquaculture ROV Market
Competitive Landscape
and Major Players: Analysis of 10-15 leading market players, sales, price, revenue, gross, gross margin, product/service profile and recent development/updates, etc.Aquaculture ROV Industry Chain: Aquaculture ROV market raw materials & suppliers, manufacturing process, distributors by region, downstream customers
Aquaculture ROV Industry News, Policies by regions
Aquaculture ROV Industry Porters Five Forces Analysis
Key players in the global Aquaculture ROV market are covered in Chapter 2:
VxFly
PowerVision
Blueye Robotics
Deep Trekker
VideoRay
Nido Robotics
AKVA GROUP
Chasing
SEAMOR
ROBOSEA
ROV Innovations
In Chapter 6 and Chapter 9, on the basis of types, the Aquaculture ROV market from 2018 to 2028 is primarily split into:
Depth below 100m
Depth 100m-200m
Depth 201-300m
Others
In Chapter 7 and Chapter 10, on the basis of applications, the Aquaculture ROV market from 2018 to 2028 covers:
Underwater Observation
Environmental Test
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate of the following regions from 2018 to 2028 are covered in Chapter 8 and Chapter 11:
United States
Europe
China
Japan
India
Southeast Asia
Latin America
Middle East and Africa
Others
In summary, this report relies on sources from both primary and secondary, combines comprehensive quantitative analysis with detailed qualitative analysis, and pictures the market from a macro overview to micro granular segment aspects. Whatever your role in this industry value chain is, you should benefit from this report with no doubt.
Chapter Outline
This report consists of 12 chapters. Below is a brief guideline to help you quickly grasp the main contents of each chapter:
Chapter 1 first introduces the product overview, market scope, product classification, application, and regional division, and then summarizes the global Aquaculture ROV market size in terms of revenue, sales volume, and average price.
Chapter 2 analyzes the main companies in the Aquaculture ROV industry, including their main businesses, products/services, sales, prices, revenue, gross profit margin, and the latest developments/updates.
Chapter 3 is an analysis of the competitive environment of Aquaculture ROV market participants. This mainly includes the revenue, sales, market share, and average price of the top players, along with the market concentration ratio in 2022 and the players' M&A and expansion in recent years.
Chapter 4 is an analysis of the Aquaculture ROV industrial chain, including raw material analysis, manufacturing cost structure, distributors, and major downstream buyers.
Chapter 5 focuses on Aquaculture ROV market dynamics and marketing strategy analysis, which include opportunities, challenges, industry development trends under inflation, industry news and policies analyzed by region, Porter's Five Forces analysis, as well as direct and indirect marketing, and the development trends of marketing channels.
Chapters 6-8 have segmented the Aquaculture ROV market by type, application, and region, with a focus on sales and value from 2018 to 2023 from both vertical and horizontal perspectives.
Chapters 9-11 provide detailed Aquaculture ROV market forecast data for 2023-2028, broken down by type and application, region, and major countries to help understand future growth trends.
Chapter 12 concludes with an explanation of the data sources and research methods. Verify and analyze through preliminary research to obtain final quantitative and qualitative data.
Years considered for this report:
Historical Years:
2018-2022Base Year:
2022Estimated Year:
2023Forecast Period:
2023-2028Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects...
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects including drivers, restraints...
