Nuclear Moisture Separator Reheaters Market

According to a new report published by Introspective Market Research, titled, “Nuclear Moisture Separator Reheaters Market by Reactor Type, Application, and Distribution Channel: Global Opportunity Analysis and Industry Forecast, 2024–2032,” 

the global Nuclear Moisture Separator Reheaters market size was valued at $ 841.7 million in 2023, and is projected to reach $ 1294.6 million by 2032, registering a CAGR of 4.90 % from 2024 to 2032.

Reheaters for nuclear moisture separators are crucial parts of nuclear power plants because they remove moisture from steam and reheat it to increase energy efficiency. By reducing the risk of moisture damage and raising power output, they improve turbine performance. They provide the best steam quality possible for the generation of energy using turbines by operating in pressurized or boiling water reactors. Reheaters for nuclear moisture separators are unique in that they are essential to the production of nuclear electricity and have several benefits. They increase plant efficiency by effectively removing moisture from steam, protecting turbines from any damage from wet steam and maximizing power output.

The Nuclear Moisture Separator Reheaters Market is segmented into Reactor Type, Application, Distribution Channel, and region. By Reactor Type, the market is categorized into Pressurized Water Reactors (PWRs), Boiling Water Reactors (BWRs), High-Temperature Gas-cooled Reactors (HTGRs), and Fast Breeder Reactors (FBRs). By Application, the market is categorized into Moisture separation, Steam reheating, and Combined cycle repowering. By Distribution Channel, the market is categorized into OEMs (Original Equipment Manufacturers) and Aftermarket Reheaters. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).  

The increasing need for efficient power generation is one of the main factors driving the use of nuclear moisture separator reheaters. The need for electricity is growing worldwide, so it is critical to find ways to optimize the processes involved in power generation. One essential answer is nuclear power, which is known for its ability to produce large amounts of electricity with little carbon emissions. Within this framework, Nuclear Moisture Separator Reheaters are essential because they guarantee the efficient operation of turbines in nuclear power plants.

The growing nuclear power infrastructure is a major driver of the potential for Nuclear Moisture Separator Reheaters. As more countries throughout the world pledge to expand and develop nuclear power projects, there is an increasing need for dependable and effective parts, including Moisture Separator Reheaters. By ensuring ideal steam quality and reducing moisture-related turbine damage, these reheaters play a critical role in increasing power generating efficiency. The opportunities are in satisfying the growing needs of recently constructed nuclear plants as well as those that are expanding.  

Global Nuclear Moisture Separator Reheaters Market, Segmentation

The Nuclear Moisture Separator Reheaters market is segmented on the basis of Reactor Type, Application, Distribution Channel, and region.

Reactor Type:

The Reactor type segment is further classified into Pressurized Water Reactors (PWRs), Boiling Water Reactors (BWRs), High-Temperature Gas-cooled Reactors (HTGRs), Fast Breeder Reactors (FBRs). Among these, the Pressurized Water Reactors (PWRs) sub-segment accounted for the highest market share in 2023. Several important variables will affect the Pressurized Water Reactors (PWRs) segment's predicted dominance in the Nuclear Moisture Separator Reheaters market over the course of the forecast period. PWRs are the most widely used type of nuclear reactor in the world and account for a large portion of both current and future nuclear power projects. Because PWRs often rely on steam to generate electricity, effective methods for separating and reheating moisture are intrinsically and significantly needed.

Application:

The application segment is further classified into Moisture separation, Steam reheating, Combined cycle repowering. Among these, the Moisture separation sub-segment is anticipated to show the fastest growth by 2032. The primary function of the Moisture Separation segment in maintaining the dependability and efficiency of nuclear power plants accounts for its expected dominance in the Nuclear Moisture Separator Reheaters market over the course of the forecast period. By avoiding wet steam from damaging turbines, moisture separation plays a crucial role in maintaining the steady and reliable operation of the complete power production system. Advanced Moisture Separator Reheaters are in high demand as nuclear facilities place a greater emphasis on operating safety and efficiency.

Region:

The Nuclear Moisture Separator Reheaters market in Asia-Pacific is projected to show the fastest growth by 2032. Due to a number of crucial variables, the Asia Pacific region is expected to lead the Nuclear Moisture Separator Reheaters market for the duration of the projection. The significant development of nuclear power infrastructure in nations such as China, India, and South Korea provides support for this estimate. In order to fulfill their growing energy needs, these countries are investing heavily in sustainable practices and carbon emission reduction.

Some of the leading Nuclear Moisture Separator Reheaters market players are

• GE Energy (US)
• ABB (US)
• Babcock Power (US)
• Peerless (CECO) (US)
• NuCore (US)
• Nuvia Ltd. (Canada)
• Zespół Elektromaszynowy Dolmel (Poland)
• Atomstroyexport (Russia)
• Atomenergomash (Russia)
• Energomash (Ukraine), and Other Active Players.

Key Industry Developments

• In February 2024, ABB announced that it had agreed to acquire SEAM Group, a major provider of energized asset management and advisory services to clients across industrial and commercial building markets. The acquisition complemented ABB’s Electrification Service offering, bringing significant additional expertise to customers in the areas of predictive, preventive, and corrective maintenance, electrical safety, renewables, and asset management advisory services. The transaction was subject to regulatory approvals and was expected to close in Q3 2024. Financial terms were not disclosed.
• In January 2024, Representatives from SaskPower and GE Vernova’s Nuclear business, GE Hitachi (GEH), met in Regina to sign an important agreement advancing small modular reactor (SMR) development in Saskatchewan. The agreement enabled SaskPower and GEH to collaborate on project planning and facilitated the sharing of expertise related to the design, fuel sourcing, and fabrication for the BWRX-300 small modular reactor. It also supported workforce and supply chain planning needed for a Saskatchewan-based SMR deployment.

Key Findings of the Study / Key Industry Developments. 

• Reheaters for nuclear moisture separators are essential for increasing energy efficiency in nuclear power plants by removing moisture from steam and reheating it.
• Increasing global need for efficient power generation and optimization of nuclear power processes.
• Meeting the needs of new and expanding nuclear facilities with advanced reheater technologies.