The recirculating aquaculture system market size is projected to reach US$ 9,045.64 million by 2031 from US$ 5,194.07 million in 2023. The market is expected to register a CAGR of 7.6% during 2023–2031. The integration of automation and AI technologies in recirculating aquaculture systems is likely to bring new key trends in the market in the coming years.
Recirculating Aquaculture System Market Analysis
The flourishing aquaculture industry is one of the most significant factors driving the recirculating aquaculture system market growth. Aquaculture activities continue to rise across the world with the increasing population, urbanization, and consumer awareness of the health benefits of fish consumption. The global aquaculture market was valued at US$ 204 billion in 2020 and is projected to reach US$ 262 billion by the end of 2026, as reported by the International Trade Administration. As the global population continues to rise, along with shifting consumer preferences toward healthier, protein-rich diets, seafood consumption is projected to skyrocket in the coming years. According to the Food and Agriculture Organization (FAO), per capita seafood consumption has been gradually growing, driven by the increasing awareness of the health benefits of fish and marine products. As stated by the US Department of Agriculture, the average per capita seafood consumption in the US reached 20.5 pounds in 2021, including both finfish and shellfish. The per capita consumption of fresh and frozen seafood has also increased significantly, rising from approximately 63% in 1990 to nearly 80% in 2021.
Recirculating Aquaculture System Market Overview
Recirculating aquaculture has emerged as one of the innovative technologies in fish farming. It empowers fish farmers to grow fish in vast volumes by creating a controlled environment. Compared to traditional ways of growing fish, recirculating aquaculture aids in the accelerated growth and better survival chances of the fish. A recirculating aquaculture system consists of components such as a fish tank, filtration system, pumps, and monitoring system. A few of the noteworthy benefits of these systems over traditional methods are low energy and water usage, controlled feeding, easy fish harvesting and grading, disease control, and efficient land usage. Thus, the increasing demand for seafood is another factor that is driving the demand for recirculating aquaculture systems.
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Recirculating Aquaculture System Market: Strategic Insights
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to Analyst
Customize Research To Suit Your Requirement
We can optimize and tailor the analysis and scope which is unmet through our standard offerings. This flexibility will help you gain the exact information needed for your business planning and decision making.
Recirculating Aquaculture System Market: Strategic Insights
Naveen
Have a question?
Naveen will walk you through a 15-minute call to present the report’s content and answer all queries if you have any.
Speak to AnalystRecirculating Aquaculture System Market Drivers and Opportunities
Developments in Recirculating Aquaculture Technology Drives Market Toward Growth
With a continued rise in the demand for seafood and concerns over the environmental impact of traditional aquaculture, there has been a significant push toward developing more sustainable, efficient, and technologically advanced aquaculture methods across the world. Recirculating aquaculture systems, which involve recycling water within a closed-loop system, have emerged as a key answer to challenges posed by the environmental impact of traditional aquaculture practices. These systems also offer greater control over production conditions, along with enabling fish farming in areas wherein the conduct of conventional methods would be impossible or lead to unsustainability. In March 2023, BioFishency conducted extensive tests in collaboration with the Technion – Israel Institute of Technology to assess the effectiveness of its BioFishency ELX system in eliminating off-flavors caused by MIB (2-Methylisoborneol) and geosmin during the purging stage of recirculating aquaculture systems, while continuously feeding the fish. The tests carried out at BioFishency's R&D facility yielded groundbreaking results, demonstrating the system's ability to efficiently break down MIB and geosmin without compromising fish growth. The BioFishency ELX system, an advanced electrochemical water treatment (ECWT) solution, enhances water quality by providing cost-effective ammonia removal and water disinfection, overcoming the limitations of traditional biological recirculating aquaculture systems.
Rising Government Initiatives to Create Significant Growth Opportunities
The recirculating aquaculture system market has been gaining significant traction due to various government initiatives and support. These systems offer sustainable and efficient methods for fish farming, where water is continuously filtered and recirculated, reducing the need for water intake and minimizing waste discharge. Governments and private entities recognize the environmental and economic benefits of these systems, which is evident through support extended for this technology through policies, funding, research, and regulations: In September 2024, Defra granted £5 million (US$ 6.2 million) to Scottish Sea Farms Limited for the development of a recirculating aquaculture system at its existing post-smolt facility in Barcaldine, Argyll. This new facility will be able to accommodate up to 6 million more young salmons annually from the current smolt facility. The project encompasses the construction of the new building as well as the installation and fitting of a recirculating aquaculture system.
Recirculating Aquaculture System Market Report Segmentation Analysis
Key segments that contributed to the derivation of the recirculating aquaculture system market analysis are offering, and fishery capacity.
- Based on offering, the recirculating aquaculture system market is divided into component and service. The component segment is further categorized into filtration systems, aeration systems, pumping systems, and others. The component segment held a larger share of the market in 2023.
- Based on fishery capacity, the market is categorized into small scale (upto 20,000 liters), medium scale (21,000–50,000 liters), and large scale (above 50,000 liters). The large scale (above 50,000 liters) segment dominated the market in 2023.
Recirculating Aquaculture System Market Share Analysis
The geographic scope of the recirculating aquaculture system market report offers a detailed analysis of the global market. North America, Europe, and Asia Pacific are major regions witnessing significant growth in the recirculating aquaculture system market.
Prevalent food security challenges are driving the expansion of the aquaculture sector in Asia Pacific. This growth also features the increasing adoption of recirculating aquaculture systems, along with other advanced methods such as integrated multi-trophic aquaculture. The sector also focuses on the cultivation of high-value species and the integration of smart aquaculture technologies to mitigate the impact of its operations on ecosystems. Thus, land-based aquaculture is gaining noticeable momentum in Asia Pacific to attain enhanced biosecurity. This strategy prioritizes sustainability and species diversification to meet the rising demand for seafood. Further, Asia Pacific plays a pivotal role in the Nature Conservancy's global aquaculture program, representing 90% of the world's aquaculture industry. The Nature Conservancy collaborates with a variety of stakeholders, including governments, tribal groups, farmers, and local communities, to showcase how aquaculture can contribute to food security (with its capacity to feed a rapidly growing population), open doors for economic progress, and protect the region's rich biodiversity. For instance, a few of the country's most economically vulnerable populations in Indonesia, the world's second-largest aquaculture producer after China, engage in seaweed farming, a crucial ingredient in many consumer products. The focus on sustainable aquaculture is projected to propel the adoption of recirculating aquaculture systems in the region in the near future.
China has witnessed a notable rise in its sea-based aquaculture production. For instance, in the first seven months of 2024, China registered a 5.2% year-over-year increase in its seawater-based aquaculture output, reaching 13 million metric tons, as reported by the Ministry of Agriculture and Rural Affairs in China. This growth is attributed to the strategic focus of the government on expanding mariculture practices along the coast while also tightening regulations on freshwater aquaculture. As part of this initiative, the country has made significant investments from state-owned enterprises in large-scale mariculture operations. Furthermore, rising interest in sustainable and efficient aquaculture models, particularly recirculating aquaculture systems, has fueled growth in inland areas. This trend is reflective of the broader expansion of China's seafood production capacity, which rose by 4% overall, highlighting the growing role of RAS in its evolving aquaculture sector.
Recirculating Aquaculture System Market Report Scope
Recirculating Aquaculture System Market News and Recent Developments
The recirculating aquaculture system market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the recirculating aquaculture system market are listed below:
- AKVA Group announced a new contract with Laxey to advance land-based aquaculture technology in the Westman Islands, Iceland. The agreement will focus on implementing reuse technology across the first of six Grow-out modules planned for the site. (Source: AKVA Group, Press Release, Sep 2023)
- West Coast Salmon AS (Norway), along with its US operating subsidiaries (WCS), announced the selection of PR Aqua of Vancouver, Canada, as its RAS partner. The decision was made after a thorough review and optimization of the company's design and execution strategy. (Source: PR Aqua, Press Release, Feb 2022)
Recirculating Aquaculture System Market Report Coverage and Deliverables
The "Recirculating Aquaculture System Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Recirculating aquaculture system market size and forecast at country levels for all the key market segments covered under the scope
- Recirculating aquaculture system market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST and SWOT analysis
- Recirculating aquaculture system market analysis covering key market trends, country framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the Recirculating aquaculture system market
- Detailed company profiles
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The recirculating aquaculture systems market is expected to reach US$ 9,045.64 million by 2031.
The key players operating in the recirculating aquaculture systems market include Innovasea Systems Inc.; MAT-KULING RECIRCULATING AQUACULTURE SYSTEMS; PR Aqua; ULC, Integrated Aqua Systems, Inc; AquaMaof Aquaculture Technologies Ltd.; Veolia Environnement SA; FutureFish Aquaculture GmbH; AKVA Group ASA; Xylem Inc.; and Aquavet Solutions Limited.
The integration of automation and artificial intelligence (AI) is expected to emerge as one of the key trends driving the future of recirculating aquaculture systems technology in the near future. These technologies are enhancing the efficiency, sustainability, and scalability of these modern-age operations, bringing an overall revolution in the way aquaculture is managed.
The flourishing aquaculture industry is one of the most significant factors driving the recirculating aquaculture systems market growth. Global aquaculture activities continue to rise with the increasing population, urbanization, and consumer awareness of the health benefits of fish consumption.
The recirculating aquaculture systems market was valued at US$ 5,194.10 million in 2023; it is expected to register a CAGR of 7.6% during 2023–2031.
1. Introduction
1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation
2. Executive Summary
2.1 Key Insights
2.2 Market Attractiveness
3. Research Methodology
3.1 Secondary Research
3.2 Primary Research
3.2.1 Hypothesis formulation:
3.2.2 Macro-economic factor analysis:
3.2.3 Developing base number:
3.2.4 Data Triangulation:
3.2.5 Country level data:
4. Recirculating Aquaculture Systems Market Landscape
4.1 Overview
4.2 PEST Analysis
4.3 Ecosystem Analysis
4.3.1 List of Vendors in the Value Chain
5. Recirculating Aquaculture Systems Market – Key Market Dynamics
5.1 Recirculating Aquaculture Systems Market – Key Market Dynamics
5.2 Market Drivers
5.2.1 Booming Aquaculture Industry
5.2.2 Developments in Recirculating Aquaculture Technology
5.3 Market Restraints
5.3.1 High Initial Capital Investment, Operational Complexity, and Extensive Maintenance Requirements
5.4 Market Opportunities
5.4.1 Surging Seafood Preference in Urban Areas
5.4.2 Rising Government Initiatives and Support
5.5 Future Trends
5.5.1 Integration of Automation and AI
5.6 Impact of Drivers and Restraints:
6. Recirculating Aquaculture Systems Market – Global Market Analysis
6.1 Recirculating Aquaculture Systems Market Revenue (US$ Million), 2021–2031
6.2 Recirculating Aquaculture Systems Market Forecast Analysis
7. Recirculating Aquaculture Systems Market Analysis – by Offering
7.1 Component
7.1.1 Overview
7.1.2 Component: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
7.1.2.1 Recirculating Aquaculture Systems Market by Component– Revenue and Forecast to 2031 (US$ Million)
7.1.2.2 Filtration Systems
7.1.2.3 Aeration Systems
7.1.2.4 Pumping Systems
7.1.2.5 Others
7.2 Services
7.2.1 Overview
7.2.2 Services: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
8. Recirculating Aquaculture Systems Market Analysis – by Fishery Capacity (thousand Liters)
8.1 Small Scale (Upto 20000 Liters)
8.1.1 Overview
8.1.2 Small Scale (Upto 20000 Liters): Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
8.2 Medium Scale (21000-50000 Liters)
8.2.1 Overview
8.2.2 Medium Scale (21000-50000 Liters): Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
8.3 Large Scale (Above 50000 Liters)
8.3.1 Overview
8.3.2 Large Scale (Above 50000 Liters): Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9. Recirculating Aquaculture Systems Market – Geographical Analysis
9.1 Overview
9.2 North America
9.2.1 North America Recirculating Aquaculture Systems Market Overview
9.2.2 North America: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.2.3 North America: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.2.3.1 North America: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Offering
9.2.3.1.1 North America: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Component
9.2.4 North America: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.2.4.1 North America: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Fishery Capacity (thousand Liters)
9.2.5 North America: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Country
9.2.5.1 North America: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Country
9.2.5.2 United States: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.2.5.2.1 United States: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.2.5.2.1.1 United States: Recirculating Aquaculture Systems Market Breakdown, by Component
9.2.5.2.2 United States: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.2.5.3 Canada: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.2.5.3.1 Canada: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.2.5.3.1.1 Canada: Recirculating Aquaculture Systems Market Breakdown, by Component
9.2.5.3.2 Canada: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.2.5.4 Mexico: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.2.5.4.1 Mexico: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.2.5.4.1.1 Mexico: Recirculating Aquaculture Systems Market Breakdown, by Component
9.2.5.4.2 Mexico: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.3 Europe
9.3.1 Europe Recirculating Aquaculture Systems Market Overview
9.3.2 Europe: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.3.3 Europe: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.3.3.1 Europe: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Offering
9.3.3.1.1 Europe: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Component
9.3.4 Europe: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.3.4.1 Europe: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Fishery Capacity (thousand Liters)
9.3.5 Europe: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Country
9.3.5.1 Europe: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Country
9.3.5.2 Germany: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.3.5.2.1 Germany: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.3.5.2.1.1 Germany: Recirculating Aquaculture Systems Market Breakdown, by Component
9.3.5.2.2 Germany: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.3.5.3 France: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.3.5.3.1 France: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.3.5.3.1.1 France: Recirculating Aquaculture Systems Market Breakdown, by Component
9.3.5.3.2 France: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.3.5.4 Italy: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.3.5.4.1 Italy: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.3.5.4.1.1 Italy: Recirculating Aquaculture Systems Market Breakdown, by Component
9.3.5.4.2 Italy: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.3.5.5 United Kingdom: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.3.5.5.1 United Kingdom: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.3.5.5.1.1 United Kingdom: Recirculating Aquaculture Systems Market Breakdown, by Component
9.3.5.5.2 United Kingdom: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.3.5.6 Russia: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.3.5.6.1 Russia: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.3.5.6.1.1 Russia: Recirculating Aquaculture Systems Market Breakdown, by Component
9.3.5.6.2 Russia: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.3.5.7 Norway: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.3.5.7.1 Norway: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.3.5.7.1.1 Norway: Recirculating Aquaculture Systems Market Breakdown, by Component
9.3.5.7.2 Norway: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.3.5.8 Spain: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.3.5.8.1 Spain: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.3.5.8.1.1 Spain: Recirculating Aquaculture Systems Market Breakdown, by Component
9.3.5.8.2 Spain: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.3.5.9 Rest of Europe: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.3.5.9.1 Rest of Europe: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.3.5.9.1.1 Rest of Europe: Recirculating Aquaculture Systems Market Breakdown, by Component
9.3.5.9.2 Rest of Europe: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.4 Asia Pacific
9.4.1 Asia Pacific Recirculating Aquaculture Systems Market Overview
9.4.2 Asia Pacific: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.4.3 Asia Pacific: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.4.3.1 Asia Pacific: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Offering
9.4.3.1.1 Asia Pacific: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Component
9.4.4 Asia Pacific: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.4.4.1 Asia Pacific: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Fishery Capacity (thousand Liters)
9.4.5 Asia Pacific: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Country
9.4.5.1 Asia Pacific: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Country
9.4.5.2 Australia: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.4.5.2.1 Australia: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.4.5.2.1.1 Australia: Recirculating Aquaculture Systems Market Breakdown, by Component
9.4.5.2.2 Australia: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.4.5.3 China: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.4.5.3.1 China: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.4.5.3.1.1 China: Recirculating Aquaculture Systems Market Breakdown, by Component
9.4.5.3.2 China: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.4.5.4 India: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.4.5.4.1 India: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.4.5.4.1.1 India: Recirculating Aquaculture Systems Market Breakdown, by Component
9.4.5.4.2 India: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.4.5.5 Japan: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.4.5.5.1 Japan: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.4.5.5.1.1 Japan: Recirculating Aquaculture Systems Market Breakdown, by Component
9.4.5.5.2 Japan: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.4.5.6 South Korea: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.4.5.6.1 South Korea: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.4.5.6.1.1 South Korea: Recirculating Aquaculture Systems Market Breakdown, by Component
9.4.5.6.2 South Korea: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.4.5.7 Rest of APAC: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.4.5.7.1 Rest of APAC: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.4.5.7.1.1 Rest of APAC: Recirculating Aquaculture Systems Market Breakdown, by Component
9.4.5.7.2 Rest of APAC: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.5 Middle East and Africa
9.5.1 Middle East and Africa Recirculating Aquaculture Systems Market Overview
9.5.2 Middle East and Africa: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.5.3 Middle East and Africa: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.5.3.1 Middle East and Africa: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Offering
9.5.3.1.1 Middle East and Africa: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Component
9.5.4 Middle East and Africa: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.5.4.1 Middle East and Africa: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Fishery Capacity (thousand Liters)
9.5.5 Middle East and Africa: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Country
9.5.5.1 Middle East and Africa: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Country
9.5.5.2 South Africa: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.5.5.2.1 South Africa: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.5.5.2.1.1 South Africa: Recirculating Aquaculture Systems Market Breakdown, by Component
9.5.5.2.2 South Africa: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.5.5.3 United Arab Emirates: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.5.5.3.1 United Arab Emirates: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.5.5.3.1.1 United Arab Emirates: Recirculating Aquaculture Systems Market Breakdown, by Component
9.5.5.3.2 United Arab Emirates: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.5.5.4 Saudi Arabia: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.5.5.4.1 Saudi Arabia: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.5.5.4.1.1 Saudi Arabia: Recirculating Aquaculture Systems Market Breakdown, by Component
9.5.5.4.2 Saudi Arabia: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.5.5.5 Rest of Middle East and Africa: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.5.5.5.1 Rest of Middle East and Africa: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.5.5.5.1.1 Rest of Middle East and Africa: Recirculating Aquaculture Systems Market Breakdown, by Component
9.5.5.5.2 Rest of Middle East and Africa: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.6 South and Central America
9.6.1 South and Central America Recirculating Aquaculture Systems Market Overview
9.6.2 South and Central America: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.6.3 South and Central America: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.6.3.1 South and Central America: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Offering
9.6.3.1.1 South and Central America: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Component
9.6.4 South and Central America: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.6.4.1 South and Central America: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Fishery Capacity (thousand Liters)
9.6.5 South and Central America: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Country
9.6.5.1 South and Central America: Recirculating Aquaculture Systems Market – Revenue and Forecast Analysis – by Country
9.6.5.2 Brazil: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.6.5.2.1 Brazil: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.6.5.2.1.1 Brazil: Recirculating Aquaculture Systems Market Breakdown, by Component
9.6.5.2.2 Brazil: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.6.5.3 Argentina: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.6.5.3.1 Argentina: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.6.5.3.1.1 Argentina: Recirculating Aquaculture Systems Market Breakdown, by Component
9.6.5.3.2 Argentina: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
9.6.5.4 Rest of South and Central America: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
9.6.5.4.1 Rest of South and Central America: Recirculating Aquaculture Systems Market Breakdown, by Offering
9.6.5.4.1.1 Rest of South and Central America: Recirculating Aquaculture Systems Market Breakdown, by Component
9.6.5.4.2 Rest of South and Central America: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters)
10. Competitive Landscape
10.1 Heat Map Analysis
10.2 Company Positioning & Concentration
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Mergers & Acquisitions
12. Company Profiles
12.1 Innovasea Systems Inc.
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 MAT-KULING RECIRCULATING AQUACULTURE SYSTEMS
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 PR Aqua, ULC
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Integrated Aqua Systems, Inc
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 AquaMaof Aquaculture Technologies Ltd.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Veolia Environnement SA
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 FutureFish Aquaculture GmbH
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 AKVA Group ASA
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Xylem Inc.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Aquavet Solutions Limited
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
List of Tables
Table 1. Recirculating Aquaculture Systems Market Segmentation
Table 2. List of Vendors
Table 3. Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
Table 4. Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Offering
Table 5. Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Component
Table 6. Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Fishery Capacity (thousand Liters)
Table 7. North America: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 8. North America: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 9. North America: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 10. North America: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 11. United States: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 12. United States: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 13. United States: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 14. Canada: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 15. Canada: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 16. Canada: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 17. Mexico: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 18. Mexico: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 19. Mexico: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 20. Europe: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 21. Europe: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 22. Europe: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 23. Europe: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 24. Germany: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 25. Germany: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 26. Germany: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 27. France: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 28. France: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 29. France: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 30. Italy: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 31. Italy: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 32. Italy: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 33. United Kingdom: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 34. United Kingdom: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 35. United Kingdom: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 36. Russia: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 37. Russia: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 38. Russia: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 39. Norway: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 40. Norway: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 41. Norway: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 42. Spain: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 43. Spain: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 44. Spain: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 45. Rest of Europe: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 46. Rest of Europe: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 47. Rest of Europe: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 48. Asia Pacific: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 49. Asia Pacific: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 50. Asia Pacific: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 51. Asia Pacific: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 52. Australia: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 53. Australia: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 54. Australia: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 55. China: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 56. China: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 57. China: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 58. India: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 59. India: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 60. India: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 61. Japan: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 62. Japan: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 63. Japan: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 64. South Korea: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 65. South Korea: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 66. South Korea: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 67. Rest of APAC: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 68. Rest of APAC: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 69. Rest of APAC: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 70. Middle East and Africa: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Offering
Table 71. Middle East and Africa: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Component
Table 72. Middle East and Africa: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Fishery Capacity (thousand Liters)
Table 73. Middle East and Africa: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 74. South Africa: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 75. South Africa: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 76. South Africa: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 77. United Arab Emirates: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 78. United Arab Emirates: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 79. United Arab Emirates: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 80. Saudi Arabia: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 81. Saudi Arabia: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 82. Saudi Arabia: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 83. Rest of Middle East and Africa: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Offering
Table 84. Rest of Middle East and Africa: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Component
Table 85. Rest of Middle East and Africa: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Fishery Capacity (thousand Liters)
Table 86. South and Central America: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Offering
Table 87. South and Central America: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million) – by Component
Table 88. South and Central America: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 89. South and Central America: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Country
Table 90. Brazil: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 91. Brazil: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 92. Brazil: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 93. Argentina: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 94. Argentina: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 95. Argentina: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
Table 96. Rest of South and Central America: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Offering
Table 97. Rest of South and Central America: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Component
Table 98. Rest of South and Central America: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million) – by Fishery Capacity (thousand Liters)
List of Figures
Figure 1. Recirculating Aquaculture Systems Market Segmentation, by Geography
Figure 2. PEST Analysis
Figure 3. Impact Analysis of Drivers and Restraints
Figure 4. Recirculating Aquaculture Systems Market Revenue (US$ Million), 2021–2031
Figure 5. Recirculating Aquaculture Systems Market Share (%) – by Offering (2023 and 2031)
Figure 6. Component: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 7. Services: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 8. Recirculating Aquaculture Systems Market Share (%) – by Fishery Capacity (thousand Liters) (2023 and 2031)
Figure 9. Small Scale (Upto 20000 Liters): Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 10. Medium Scale (21000-50000 Liters): Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 11. Large Scale (Above 50000 Liters): Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 12. Recirculating Aquaculture Systems Market Breakdown by Region, 2023 and 2031 (%)
Figure 13. North America: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 14. North America: Recirculating Aquaculture Systems Market Breakdown, by Offering (2023 and 2031)
Figure 15. North America: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters) (2023 and 2031)
Figure 16. North America: Recirculating Aquaculture Systems Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 17. United States: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 18. Canada: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 19. Mexico: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 20. Europe: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 21. Europe: Recirculating Aquaculture Systems Market Breakdown, by Offering (2023 and 2031)
Figure 22. Europe: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters) (2023 and 2031)
Figure 23. Europe: Recirculating Aquaculture Systems Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 24. Germany: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 25. France: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 26. Italy: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 27. United Kingdom: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 28. Russia: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 29. Norway: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 30. Spain: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 31. Rest of Europe: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 32. Asia Pacific: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 33. Asia Pacific: Recirculating Aquaculture Systems Market Breakdown, by Offering (2023 and 2031)
Figure 34. Asia Pacific: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters) (2023 and 2031)
Figure 35. Asia Pacific: Recirculating Aquaculture Systems Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 36. Australia: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 37. China: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 38. India: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 39. Japan: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 40. South Korea: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 41. Rest of APAC: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 42. Middle East and Africa: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 43. Middle East and Africa: Recirculating Aquaculture Systems Market Breakdown, by Offering (2023 and 2031)
Figure 44. Middle East and Africa: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters) (2023 and 2031)
Figure 45. Middle East and Africa: Recirculating Aquaculture Systems Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 46. South Africa: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 47. United Arab Emirates: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 48. Saudi Arabia: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 49. Rest of Middle East and Africa: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031 (US$ Million)
Figure 50. South and Central America: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 51. South and Central America: Recirculating Aquaculture Systems Market Breakdown, by Offering (2023 and 2031)
Figure 52. South and Central America: Recirculating Aquaculture Systems Market Breakdown, by Fishery Capacity (thousand Liters) (2023 and 2031)
Figure 53. South and Central America: Recirculating Aquaculture Systems Market Breakdown, by Key Countries, 2023 and 2031 (%)
Figure 54. Brazil: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 55. Argentina: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 56. Rest of South and Central America: Recirculating Aquaculture Systems Market – Revenue and Forecast to 2031(US$ Million)
Figure 57. Heat Map Analysis
Figure 58. Company Positioning & Concentration
The List of Companies - Recirculating Aquaculture System Market
- Innovasea Systems Inc.
- MAT-KULING RECIRCULATING AQUACULTURE SYSTEMS
- PR Aqua, ULC
- Integrated Aqua Systems, Inc
- AquaMaof Aquaculture Technologies Ltd.
- Veolia Environnement SA
- FutureFish Aquaculture GmbH
- AKVA Group ASA
- Xylem Inc.
- Aquavet Solutions Limited
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
Trends and growth analysis reports related to Recirculating Aquaculture System Market
Feb 2025
Electromechanical Joining Servo Press Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Stroke (Upto 100 mm, 101-200 mm, 201-400 mm, 401-600 mm and Above 601 mm), Application (Automotive Industry, Electric and Electronic Industry, Medical Device Manufacturing and Others), and Geography
Feb 2025
Indexable Inserts Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Insert Shape (Round, Square, Triangle, Rhombic, and Others), Application (Milling, Drilling, Turning, Threading, and Others), Size (Up to 10 mm, 10-20 mm, and Above 20 mm), Insert Material (Carbide, Ceramic and Composites, PCD Inserts, and Others), Industry (Aerospace and Defense, General Industry, Oil and Gas, Power Generation, Automotive, Electric and Electronics, Medical, and Others), and Geography
Feb 2025
End Mills Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Material (Carbide, Steel, and Others), Type (Square Nose, Ball Nose, and Others), Diameter Size (Upto 4 mm, 4–6 mm, 6–8 mm, 8–12 mm, and Above 12 mm), End-Use Industry (Automotive, Heavy Machinery, Semiconductor and Electronics, Medical and Healthcare, Energy, Aerospace and Others), and Geography
Feb 2025
Plain Bearings Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type [Spherical Bearings (Radial, Angular, and Thrust), Rod Ends (Female Thread, Male Thread, and Welding Shank), and Bushings], Application (Agriculture, Construction, Industrial Vehicles, Automotive and Transportation, Aerospace and Defense, Energy and Power, and Others), and Geography
Feb 2025
Thermostatic Mixers Market
Size and Forecast (2021 - 2031), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Mounting Type (Deck Mount and Wall Mount), Application (Residential and Commercial), Design Type (Concealed and Exposed), and Geography
Feb 2025
Feb 2025
Trenchless Pipe Relining Market
Size and Forecast (2020–2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage - by Method (Cured in Place Pipe, Pull-in-Place, Pipe Bursting, and Internal Pipe Coating), End User (Residential, Commercial, Industrial, and Municipal), and Diameter (Below DN 50, DN 51–DN 150, DN 151–DN 250, and Above DN 251), and Geography
Feb 2025
Green Cement and Concrete Market
Size and Forecast (2020–2030), Global and Regional Share, Trend, and Growth Opportunity Analysis Report Coverage: By Product Type (Fly Ash Based, Geopolymer, Slag Based, and Others), End-user (Commercial and Public Infrastructure, Industrial, and Residential), and Geography