The global smart aquaculture market is projected to grow from $8.7 billion in 2024 to $32.4 billion by 2032, at a 30.1% CAGR, driven by AI-driven feeding systems and IoT-enabled water quality management.

Market Segmentation

1. By Technology
   • AI Feeding Systems (XX% share):
     • Aquaconnect's FeedBot reduces FCR by 22%
     • Eruvaka's smart feeders with computer vision
   • Water Quality Monitoring (35%):
     • Sensorex's multiparameter sensors with satellite uplinks
   • Autonomous Vehicles (Fastest-growing at 38% CAGR):
     • Aquaai's fish-like drones for cage inspection
2. By Culture Type
   • Marine Cage Systems (XX%)
   • Recirculating Aquaculture (RAS) (40%)
   • Pond Culture (XX%)
3. By Species
   • Salmon/Trout (XX% revenue)
   • Shrimp (30%)
   • Sea Bass/Bream (XX%)

2. Key Growth Drivers

1. Operational Efficiency Gains

• Feed Optimization:
  • Machine learning cuts feed waste by 35%
• Disease Prevention:
  • Computer vision detects sick fish 5 days earlier

2. Sustainability Mandates

• EU's 2027 Cage Density Laws:
  • Require real-time biomass monitoring
• ASC Certification 2.0:
  • Mandates IoT water quality tracking

3. Labor Cost Reduction

• Automated Harvesting:
  • Robotics handle 80% of salmon processing
• Remote Monitoring:
  • 1 technician manages 10 cage sites via VR

3. Competitive Landscape

4. Future Outlook (2027-2032)

• 2028: First fully autonomous offshore farm
• 2030: 60% of salmon fed by AI systems
• 2032: $32B market with 90% IoT adoption