Pune, March 09, 2023 (GLOBE NEWSWIRE) -- Aquaculture ROV Market report is knowledge and experience shared by industry experts to take correct decisions for manufacturers, new entrants, and industry chain-related companies. The report includes a worldwide study with top players in the market, growth in the near future, revenue and share in the market, challenges, and opportunities in the past and future.
Aquaculture ROV market report offers segmentation by product type, application, regional breakup, market size, volume, and value. This report has delivered the key development plans, such as innovative trends and expansions, strengthening of product portfolio, mergers and acquisitions, collaborations, new product invention, and geographical development, undertaken by these participants to maintain their presence.
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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 finds that the global Aquaculture ROV market reached a value of USD 51.31 million in 2022. It’s expected that the market will achieve USD 116.22 million by 2028, exhibiting a CAGR of 14.6% during the forecast period.
Geographic Segmentation: -
- North America
- Europe
- Asia-Pacific
- South America
- The Middle East and Africa
From 2022-2027, North America is estimated to witness robust growth prospects.
Key players in the global market include: -
- VideoRay
- AKVA GROUP
- VxFly
- ROBOSEA
- Blueye Robotics
- Nido Robotics
- ROV Innovations
- SEAMOR
- PowerVision
- Deep Trekker
- Chasing
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.
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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.
Segmentation by Types: -
- Depth below 100m
- Depth 100m-200m
- Depth 201-300m
- Others
Among different product types, Depth below 100m segment is anticipated to contribute the largest market share in 2027.
Segmentation by Applications: -
- Underwater Observation
- Environmental Test
- Others
By application, the Underwater Observation segment occupied the biggest share from 2017 to 2022.
COVID-19 and Russia-Ukraine War Influence Analysis: -
The readers in the section will understand how the Aquaculture ROV market scenario changed across the globe during the pandemic, post-pandemic, and Russia-Ukraine War. The study is done keeping in view the changes in aspects such as demand, consumption, transportation, consumer behavior, supply chain management, export and import, and production.
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Reasons to Buy This Report: -
- This report stays updated with novel technology integration, features, and the latest developments in the market
- This report helps stakeholders to understand the COVID-19 and Russia-Ukraine War Influence on the Aquaculture ROV industry.
- This report helps stakeholders to gain insights into which regions to target globally
- This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Aquaculture ROV.
- This report helps stakeholders to identify some of the key players in the Aquaculture ROV market and understand their valuable contributions.
Years considered for this report: -
Historical Years: 2018-2022
Base Year: 2022
Estimated Year: 2023
Forecast Period: 2023-2029
TOC of Aquaculture ROV Market Research Report: -
1. Market Definition and Statistical Scope
2. Research Findings and Conclusion
3 Key Companies’ Profile
4. Global Aquaculture ROV Market Segmented by Type
5 Global Aquaculture ROV Market Segmented by Downstream Industry
6 Aquaculture ROV Industry Chain Analysis
7. The Development and Dynamics of Aquaculture ROV Market
8 Global Aquaculture ROV Market Segmented by Geography
9 North America
10 Europe
11 Asia Pacific
12 Latin America
13 Middle East & Africa
14. Global Aquaculture ROV Market Forecast by Geography, Type, and Downstream Industry 2023-2029
15 Appendix
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