| Product Code: ETC4446506 | Publication Date: Jul 2023 | Updated Date: Nov 2025 | Product Type: Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
Thailand import trend in the precision aquaculture market showed a notable decline from 2023 to 2024, with a growth rate of -59.22%. However, the compound annual growth rate (CAGR) for the period 2020-2024 stood at 7.89%. This decline in import momentum could be attributed to shifting demand patterns or changes in trade policies impacting market stability.
In the Thailand Precision Aquaculture Market, technological innovations are being adopted to optimize aquaculture operations. Precision aquaculture techniques, including sensor-based monitoring and data analytics, are improving production efficiency and sustainability in the fisheries industry.
The Thailand Precision Aquaculture market is witnessing robust growth, propelled by the adoption of advanced technologies in aquaculture for optimized production and resource management. Precision aquaculture involves the use of sensors, IoT devices, and data analytics to monitor and control variables such as water quality, feeding, and environmental conditions. The market benefits from the growing demand for sustainable and efficient aquaculture practices and the need for precision in fish farming. Additionally, the deployment of precision aquaculture solutions in shrimp farms, fish hatcheries, and aquaponics contributes to the market momentum, addressing the challenges of food security and environmental sustainability in Thailand aquaculture industry.
The Precision Aquaculture Market in Thailand faces challenges related to technology adaptation and environmental sustainability. Adapting precision technologies to diverse aquaculture practices demands industry-specific solutions and continuous innovation. Moreover, addressing environmental concerns and ensuring sustainable aquaculture practices pose challenges for market players. Collaborative efforts between technology providers, aquaculture businesses, and environmental authorities are essential to overcome these challenges and promote the growth of precision aquaculture in Thailand.
The Thailand Precision Aquaculture Market faced challenges during the COVID-19 pandemic, with disruptions in the aquaculture industry and seafood supply chains. However, the market demonstrated resilience as the aquaculture sector recognized the importance of precision technologies for optimizing production and ensuring sustainable practices. The increased focus on monitoring water quality, feeding management, and disease prevention contributed to the market recovery. The pandemic underscored the significance of precision aquaculture in improving efficiency and reducing environmental impact, driving investments in technologies that support the adoption of advanced aquaculture management systems.
In Thailand Precision Aquaculture market, key players such as XpertSea Solutions Inc. and Steinsvik (Thailand) Ltd. are driving advancements. XpertSea Solutions specializes in aquaculture technology, offering precision aquaculture solutions for efficient farm management. Steinsvik, a global provider of technology solutions for the aquaculture industry, contributes to the development of precision aquaculture systems in Thailand. These companies play a pivotal role in improving the monitoring and management of aquaculture operations, optimizing production and sustainability.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Thailand Precision Aquaculture Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Precision Aquaculture Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Precision Aquaculture Market - Industry Life Cycle |
3.4 Thailand Precision Aquaculture Market - Porter's Five Forces |
3.5 Thailand Precision Aquaculture Market Revenues & Volume Share, By System Type, 2021 & 2031F |
3.6 Thailand Precision Aquaculture Market Revenues & Volume Share, By Offering , 2021 & 2031F |
3.7 Thailand Precision Aquaculture Market Revenues & Volume Share, By Farm Type , 2021 & 2031F |
3.8 Thailand Precision Aquaculture Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 Thailand Precision Aquaculture Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Growing demand for high-quality seafood products |
4.2.2 Technological advancements in precision aquaculture practices |
4.2.3 Increasing focus on sustainability and environmental concerns in aquaculture industry |
4.3 Market Restraints |
4.3.1 High initial investment costs for precision aquaculture equipment and technology |
4.3.2 Lack of skilled labor with expertise in precision aquaculture practices |
4.3.3 Regulatory challenges and compliance issues in the aquaculture sector |
5 Thailand Precision Aquaculture Market Trends |
6 Thailand Precision Aquaculture Market, By Types |
6.1 Thailand Precision Aquaculture Market, By System Type |
6.1.1 Overview and Analysis |
6.1.2 Thailand Precision Aquaculture Market Revenues & Volume, By System Type, 2021-2031F |
6.1.3 Thailand Precision Aquaculture Market Revenues & Volume, By Smart Feeding Systems, 2021-2031F |
6.1.4 Thailand Precision Aquaculture Market Revenues & Volume, By Monitoring and Control Systems, 2021-2031F |
6.1.5 Thailand Precision Aquaculture Market Revenues & Volume, By Underwater Remotely-Operated Vehicle Systems, 2021-2031F |
6.1.6 Thailand Precision Aquaculture Market Revenues & Volume, By Others, 2021-2031F |
6.2 Thailand Precision Aquaculture Market, By Offering |
6.2.1 Overview and Analysis |
6.2.2 Thailand Precision Aquaculture Market Revenues & Volume, By Hardware, 2021-2031F |
6.2.3 Thailand Precision Aquaculture Market Revenues & Volume, By Software, 2021-2031F |
6.2.4 Thailand Precision Aquaculture Market Revenues & Volume, By Services, 2021-2031F |
6.3 Thailand Precision Aquaculture Market, By Farm Type |
6.3.1 Overview and Analysis |
6.3.2 Thailand Precision Aquaculture Market Revenues & Volume, By Cage-based, 2021-2031F |
6.3.3 Thailand Precision Aquaculture Market Revenues & Volume, By RAS, 2021-2031F |
6.4 Thailand Precision Aquaculture Market, By Application |
6.4.1 Overview and Analysis |
6.4.2 Thailand Precision Aquaculture Market Revenues & Volume, By Feed Optimization, 2021-2031F |
6.4.3 Thailand Precision Aquaculture Market Revenues & Volume, By Monitoring and Surveillance, 2021-2031F |
6.4.4 Thailand Precision Aquaculture Market Revenues & Volume, By Yield Analysis and Measurement, 2021-2031F |
6.4.5 Thailand Precision Aquaculture Market Revenues & Volume, By Others, 2021-2031F |
7 Thailand Precision Aquaculture Market Import-Export Trade Statistics |
7.1 Thailand Precision Aquaculture Market Export to Major Countries |
7.2 Thailand Precision Aquaculture Market Imports from Major Countries |
8 Thailand Precision Aquaculture Market Key Performance Indicators |
8.1 Water quality management efficiency |
8.2 Feed conversion ratio |
8.3 Disease management success rate |
9 Thailand Precision Aquaculture Market - Opportunity Assessment |
9.1 Thailand Precision Aquaculture Market Opportunity Assessment, By System Type, 2021 & 2031F |
9.2 Thailand Precision Aquaculture Market Opportunity Assessment, By Offering , 2021 & 2031F |
9.3 Thailand Precision Aquaculture Market Opportunity Assessment, By Farm Type , 2021 & 2031F |
9.4 Thailand Precision Aquaculture Market Opportunity Assessment, By Application, 2021 & 2031F |
10 Thailand Precision Aquaculture Market - Competitive Landscape |
10.1 Thailand Precision Aquaculture Market Revenue Share, By Companies, 2024 |
10.2 Thailand Precision Aquaculture Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |