Market Overview

The Global Aquaculture Equipment Market was valued at USD 143,427.7 million in 2023 and is expected to reach USD 230,332.9 million by 2031 while growing at a CAGR of 6.1% during the forecast period (2024-2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Market Dynamics

This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global aquaculture equipment market growth. Aquaculture equipment encompasses tools, machinery, devices, and systems tailored for the farming of aquatic organisms like fish, mollusks, crustaceans, and aquatic plants. Its purpose is to enhance the cultivation and production of these organisms in controlled environments, such as ponds, tanks, or other aquaculture systems. These tools play a crucial role in managing and sustaining the health, growth, and overall well-being of aquatic species.

The aquaculture equipment market is on the rise due to increasing global demand for seafood and ongoing advancements in aquaculture technologies. However, obstacles such as high initial costs and environmental and regulatory challenges may hinder market expansion.

Furthermore, the global aquaculture equipment industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.

Segmentation – By Type Analysis

The Global Aquaculture Equipment Market is segmented among Water Purification Equipment, Aeration Devices, Water Circulation and Aeration Equipment, Fish Feeder, Fish Handling Equipment, Water Temperature Control Device, Water Quality Testing Instrument, and Others, based on Type. In 2023, Water Purification Equipment accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Segmentation – By End Use Analysis

The Global Aquaculture Equipment Market is segmented among Grow-out farms, Fish hatcheries, and Others, based on End Use. In 2023, Grow-out farms accounted for the majority of the market share*. 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Global Aquaculture Equipment Market: Regional Analysis

Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, North America dominated the market with the highest market share, while Asia Pacific is expected to grow with the highest CAGR during the forecast period (2024 – 2031). 

 *Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report

Competitive Landscape

Some of the key players operating in the market are AKVA group, Pentair plc, Xylem Inc., Aquaculture Systems Technologies, LLC, Steinsvik Group AS, Pioneer Group, Aquamaof Aquaculture Technologies Ltd., Cooke Aquaculture Inc., Aquaculture Equipment Ltd., Huon Aquaculture Group Pty Ltd., Ewos Group, Cermaq Group AS, Nireus Aquaculture SA, Blue Ridge Aquaculture, Inc., Aquatic Equipment & Design Inc., Luxsolis Inc., Aquanetix Ltd., Fusion Marine Ltd., Aquabio Ltd., and The Kingfish Company NV.

Table of Contents:

1. Research Methodology and Market Scope

• Research Methodology

• Market Scope

2. Executive Summary

3. Global Aquaculture Equipment Market Dynamics

• Drivers

• Restraints

• Opportunity

4. Global Aquaculture Equipment Industry Analysis

• PEST Analysis

• Porter's Five Force Analysis

• Recent Deals Analysis

5. Global Aquaculture Equipment Market Segmentation, By Type

• Global Aquaculture Equipment Market Share Analysis, By Type

• Global Aquaculture Equipment Market Growth Analysis, By Type

• Global Aquaculture Equipment Market Trends, By Type

o Water Purification Equipment

o Aeration Devices

o Water Circulation and Aeration Equipment

o Fish Feeder

o Fish Handling Equipment

o Water Temperature Control Device

o Water Quality Testing Instrument

o Others

6. Global Aquaculture Equipment Market Segmentation, By End Use

• Global Aquaculture Equipment Market Share Analysis, By End Use

• Global Aquaculture Equipment Market Growth Analysis, By End Use

• Global Aquaculture Equipment Market Trends, By End Use

o Grow-out farms

o Fish hatcheries

o Others

7. Global Aquaculture Equipment Market Segmentation, By Region

• Global Aquaculture Equipment Market Share Analysis, By Region

• Global Aquaculture Equipment Market Growth Analysis, By Region

• Global Aquaculture Equipment Market Trends, By Region

o North America

o Europe

o Asia Pacific

o Latin America

o Middle East

o Africa

8. Competitive Landscape

• AKVA group*

o Company Overview

o Financial Performance

o Key Development/Strategies

o SWOT Analysis

• Pentair plc

• Xylem Inc.

• Aquaculture Systems Technologies, LLC

• Steinsvik Group AS

• Pioneer Group

• Aquamaof Aquaculture Technologies Ltd.

• Cooke Aquaculture Inc.

• Aquaculture Equipment Ltd.

• Huon Aquaculture Group Pty Ltd.

• Ewos Group

• Cermaq Group AS

• Nireus Aquaculture SA

• Blue Ridge Aquaculture, Inc.

• Aquatic Equipment & Design Inc.

• Luxsolis Inc.

• Aquanetix Ltd.

• Fusion Marine Ltd.

• Aquabio Ltd.

• The Kingfish Company NV.

*Similar analysis will be provided for each company listed above.