This industry is expanding as a result of rising demand for larger smolt recirculating aquaculture system (RAS) facilities. Compared to RAS facilities for smolt weighing between 80 and 100 grammes, larger smolt require a huge investment. A key strategy to lessen bug exposure and create fish with a high production cycle is to use larger smolt in recirculating aquaculture systems (RAS).
The market for Recirculating Aquaculture Systems (RAS) And Aquaculture Water Treatment Systems as a whole was estimated at US$ 8,320.0 million in 2017 and is anticipated to grow at a CAGR of 15.3% from 2019 to 2027, reaching US$ 32,165.8 million.
Major Players in the Aquaculture Water Treatment Systems Industry And Recirculating Aquaculture Systems Industry:
1. AKVA group,: A technology and service partner in the aquaculture sector is AKVA Group ASA. Sea-Based Technology, one of the company's three operating segments, offers items such feed barges, fish farming cages, feed systems, nets, sensors, cameras, light systems, net cleaning systems, and remotely operated vehicles. Recirculation technology, which uses water treatment technology to purify the water and restore crucial water quality indicators, is a type of land-based technology. Digital technology includes items like FishtalkTM, AKVAconnect, and Observe. Established in 1974. Headquarters in Norway's Stavanger.
2. Aquafine Corporation: Manufacturer of ultraviolet apparatus for business and industrial use. The business creates and sells UV water treatment equipment by shortening the length of the drain piping and enabling customers to get rid of dead legs. Founded 1949. United States headquarters.
3. Aquamaof Aquaculture Technologies Ltd: created a recirculating aquaculture system to produce sustainable and intelligent aquaculture solutions. The company's services include technology research and development, engineering trials on new aquaculture technology, developments to build an advanced land-based platform that enables the production of fresh, natural, and nutrient-rich seafood, and enabling clients to have an affordable, land-based indoor system that makes seafood production both efficient and sustainable. Created in 2010. Head office in Israel. Israel's AquaMaof signs a $90 million agreement to export its technology for indoor fish farming to Nevada.
4. Artec Aqua AS: Water treatment equipment provider for on-land aquaculture in Alesund, Norway. Founded 2002. Head office in Norway. Artec Aqua and AquaGen have agreed to a $18 million expansion of the land-based salmon broodstock facility.
5. ATG UV Technology: a company established in Wigan, United Kingdom, that offers water treatment services. In order to provide access to clean water for industrial, aquatic, and municipal systems, the company offers water treatment solutions employing ultraviolet [UV] light to treat water flow applications of up to 5,000 cubic metres per hour. Born in 1981. Located in England, in the United Kingdom. ATG UV Technology Is Acquired By Evoqua For Water Disinfection Technology
6. Billund Aquaculture: A company that offers engineering and design services for recirculating fish farms. The business specialises in designing, implementing, starting up, and maintaining recirculated aquaculture farms that are built in accordance with the unique and particular needs of the customer. This ensures production safety because the modules are isolated from one another to prevent diseases from spreading to the entire stock. Built in 1986. Head office in Denmark.
7. BioFishency Ltd.: creator of water purification technologies intended to boost aquaculture fish productivity. The company's platform combines several well-known water treatment techniques into a single solution that has a small ecological footprint, improves water quality, and greatly increases profitability, allowing fish farmers to raise yields while using fewer resources and spending less money. Established in 2013. Israeli government leaders. BioFishency has raised $2.4 million for its aquaculture water treatment systems.
Definition: Recirculating aquaculture system (RAS) is a technique used for farming variety of fishes, wherein processed water is constantly reconditioned and reused.