Fishery Machinery Manufacturing Market

By Type;

Fishing Vessels, Aquaculture Systems, Fishing Gear and Fish Processing Equipment

By Application;

Commercial Fishing, Aquaculture and Recreational Fishing

By Mechanism;

Direct Drive, Hydraulic and Electric

By End Use;

Fishermen, Aquaculture Farms and Fish Processing Companies

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn820500653 Published Date: September, 2025 Updated Date: October, 2025

Fishery Machinery Manufacturing Market Overview

Fishery Machinery Manufacturing Market (USD Million)

Fishery Machinery Manufacturing Market was valued at USD 572.75 million in the year 2024. The size of this market is expected to increase to USD 622.11 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 1.2%.


Fishery Machinery Manufacturing Market

*Market size in USD million

CAGR 1.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)1.2 %
Market Size (2024)USD 572.75 Million
Market Size (2031)USD 622.11 Million
Market ConcentrationHigh
Report Pages345
572.75
2024
622.11
2031

Major Players

  • Marel HF
  • Trident Seafoods Corporation
  • Baader Group
  • Marine Harvest ASA
  • Thai Union Group
  • Groupe Bénéteau
  • Skaginn 3X
  • Krones AG
  • Clextral
  • Kyokuyo Co., Ltd.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Fishery Machinery Manufacturing Market

Fragmented - Highly competitive market without dominant players


The Fishery Machinery Manufacturing Market is advancing steadily, shaped by rising demand for efficient harvesting solutions and modernized fishing operations. The industry is rapidly adopting automated and smart machinery, with over 55% of new developments featuring advanced automation. This growing integration of technology underscores the market’s commitment to boosting operational efficiency and innovation.

Technological integration in fishing equipment
With the inclusion of AI systems, sensors, and monitoring tools, fishery machinery is becoming increasingly advanced. Today, more than 40% of equipment incorporates intelligent tracking features, enabling precise management of fishing activities. These innovations improve resource efficiency while supporting long-term operational sustainability.

Collaborations and partnerships driving growth
The market is strengthened by collaborations, mergers, and partnerships that encourage innovation and enhanced product designs. Approximately 30% of new advancements stem from cooperative ventures between companies, allowing the development of machinery that ensures higher productivity and durability. This strategic approach accelerates overall industry growth.

Future outlook and innovation
The outlook for the fishery machinery manufacturing market remains highly positive as manufacturers invest in research, advanced engineering, and expansion strategies. Nearly 50% of companies are channeling resources into next-generation machinery, positioning the sector for steady growth while ensuring efficiency, innovation, and long-term market potential.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Application
    3. Market Snapshot, By Mechanism
    4. Market Snapshot, By End Use
    5. Market Snapshot, By Region
  4. Fishery Machinery Manufacturing Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Innovation in Technology
        2. Rising Seafood Consumption
        3. Regulatory Compliance
        4. Growth in Aquaculture
      2. Restraints
        1. Environmental Concerns
        2. High Initial Costs
        3. Complex Regulatory Landscape
        4. Labor Shortages
      3. Opportunities
        1. Sustainable Practices
        2. Technological Advancements
        3. Automation and Efficiency
      4. PEST Analysis
        1. Political Analysis
        2. Economic Analysis
        3. Social Analysis
        4. Technological Analysis
      5. Porter's Analysis
        1. Bargaining Power of Suppliers
        2. Bargaining Power of Buyers
        3. Threat of Substitutes
        4. Threat of New Entrants
        5. Competitive Rivalry
  5. Market Segmentation
    1. Fishery Machinery Manufacturing Market, By Type, 2021 - 2031 (USD Million)
      1. Fishing Vessels
      2. Aquaculture Systems
      3. Fishing Gear
      4. Fish Processing Equipment
    2. Fishery Machinery Manufacturing Market, By Application, 2021 - 2031 (USD Million)
      1. Commercial Fishing
      2. Aquaculture
      3. Recreational Fishing
    3. Fishery Machinery Manufacturing Market, By Mechanism, 2021 - 2031 (USD Million)
      1. Direct Drive
      2. Hydraulic
      3. Electric
    4. Fishery Machinery Manufacturing Market, By End Use, 2021 - 2031 (USD Million)
      1. Fishermen
      2. Aquaculture Farms
      3. Fish Processing Companies
    5. Fishery Machinery Manufacturing Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Skaginn 3X
      2. Marel
      3. Optimar
      4. Mitsubishi Heavy Industries
      5. Marine Harvest
      6. Yanmar
      7. Palfinger
      8. Baader
      9. JBT Corporation
      10. GEA Group
      11. SPX Flow
      12. Bass Pro Shops
      13. Tassal Group
      14. Bakkafrost
      15. AFTCO
  7. Analyst Views
  8. Future Outlook of the Market