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The global precision aquaculture market is estimated to grow from USD 407 million in 2021 to USD 794 million by 2026; 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.
/PRNewswire/ The "Global Precision Aquaculture Market with COVID-19 Impact Analysis by System Type (Feeding Systems, Monitoring & Control, Underwater ROVs),.