Nuclear Power Market Overview
Global Nuclear Power Market was valued at USD 71.41 billion in 2021 and is expected to reach USD 163.47 billion by the year 2028, at a CAGR of 12.56%.
Governments and major energy firms are investing in the nuclear power energy industry in response to the rising demand for renewable energy and diminishing fossil fuel reserves. The global nuclear energy market is projected to rise at a significant pace as a result of the rising demand for energy that can meet the demand for new infrastructure without emitting carbon or negatively affecting the environment in other ways. Rather than selling energy directly to end consumers, many nuclear power plants sell to the wholesale market.
Electric power transmission demand is measured by the amount of energy sold. Increased transmission demand leads to increased industry revenue. As the World Nuclear Association, 435 operating nuclear power plants are spread across in 31 countries globally. According to the Nuclear Energy Institute in the United States, an additional 71 reactors are under construction in 15 countries, the fastest pace of nuclear reactor construction in 25 years. The figures show that global economies are increasingly inclined to embrace nuclear energy as a feasible alternative to fossil fuels for power generation.
Nuclear Power Market Dynamics
Nuclear power energy's ability to produce electricity with lower carbon emissions than fossil fuels has been driving the market's development. Furthermore, nuclear power production is one of the most dependable sources of energy, with low carbon emissions. It also guarantees long-term predictability of energy prices. However, the low initial cost of constructing a nuclear power plant, as well as the availability of alternative power generation sources such as renewable energy, are expected to limit demand growth over the forecast period.
The global energy demand is rising as a result of industrialization and urbanization. Furthermore, demand for nuclear energy for various applications is projected to rise over the forecast period due to the techno-economic benefits associated with nuclear reactor technology. During the forecast period, several nuclear power plants are planned to be installed in various countries to minimize dependency on fossil-fueled power generation and reduce carbon emissions. During the forecast period, the growth of the market being studied is expected to be dominated by upcoming nuclear power projects for electricity.
Energy Generation to Dominate the Market
In the face of rising environmental issues and rising energy demand, nuclear energy production has emerged as the most dependable alternative for meeting electricity needs while also reducing greenhouse gas emissions. Nuclear power generation is a renewable energy technology that can effectively meet the rising electricity demand.
The development of nuclear reactor technology allows for improved fuel use and a life cycle of up to 60 years, which can be expanded further. Because of its low maintenance and guaranteed power supply features, the new small nuclear turbine is being used in many countries; further, development is likely to increase the safety and efficiency of different types of nuclear power plants.
Market Segmentation
Regional Outlook of Nuclear Power Market
North America dominates the nuclear power industry in terms of geography, owing to large-scale installations in the United States. Furthermore, European environmental regulations have prompted countries like Spain, Germany, and France to invest in the nuclear power market. Due to the development of new nuclear power plants in China, Asia Pacific is projected to be the fastest-growing market for nuclear energy.
Electricity demand is growing as the economies of the Middle East and Africa (MENA) expand. The region's major countries are investing in non-fossil fuel-based power generation technologies, especially small nuclear reactors. Jordan and a few other countries are in the early stages of building nuclear power plants, which would likely provide an opportunity for the region's global nuclear power market to expand.
Players Covered in Nuclear Power Market are :
The global nuclear reactor construction market is projected to be the largest market during the forecast period, powered by government initiatives for clean power from nuclear power plants and high investment for technological advancement. Because of the complex technology, the nuclear power industry is consolidated, with just a few companies operating.
- China National Nuclear Cooperation (CNNC)
- Larsen and Toubro (L&T)
- NIAEP ASC
- Westinghouse Electric Company
- Atomic Energy of Canada
- Bharat Heavy Electricals
- GE Hitachi
- KEPCO
- Mitsubishi Heavy Industries
- Bruce Power
- CEZ Group
- Nukem
Global Nuclear Power Market |
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Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 71.41 Bn. |
Forecast Period 2022-28 CAGR: |
12.56% |
Market Size in 2028: |
USD 163.47 Bn. |
Segments Covered: |
By Type |
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By Application |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Type
3.2 By Application
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Nuclear Power Market by Type
5.1 Nuclear Power Market Overview Snapshot and Growth Engine
5.2 Nuclear Power Market Overview
5.3 Pressurized Water Reactor (PWR)
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Pressurized Water Reactor (PWR): Grographic Segmentation
5.4 Boiler Water Reactor (BWR)
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Boiler Water Reactor (BWR): Grographic Segmentation
5.5 Pressurized Heavy Water Reactor (PHWR)
5.5.1 Introduction and Market Overview
5.5.2 Historic and Forecasted Market Size (2016-2028F)
5.5.3 Key Market Trends, Growth Factors and Opportunities
5.5.4 Pressurized Heavy Water Reactor (PHWR): Grographic Segmentation
5.6 Gas Cooled Reactor (GCR)
5.6.1 Introduction and Market Overview
5.6.2 Historic and Forecasted Market Size (2016-2028F)
5.6.3 Key Market Trends, Growth Factors and Opportunities
5.6.4 Gas Cooled Reactor (GCR): Grographic Segmentation
5.7 Others
5.7.1 Introduction and Market Overview
5.7.2 Historic and Forecasted Market Size (2016-2028F)
5.7.3 Key Market Trends, Growth Factors and Opportunities
5.7.4 Others: Grographic Segmentation
Chapter 6: Nuclear Power Market by Application
6.1 Nuclear Power Market Overview Snapshot and Growth Engine
6.2 Nuclear Power Market Overview
6.3 Electric Power Generation
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Electric Power Generation: Grographic Segmentation
6.4 Industrial
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Industrial: Grographic Segmentation
6.5 Medical
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Medical: Grographic Segmentation
6.6 Food & Agriculture
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size (2016-2028F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Food & Agriculture: Grographic Segmentation
6.7 Others
6.7.1 Introduction and Market Overview
6.7.2 Historic and Forecasted Market Size (2016-2028F)
6.7.3 Key Market Trends, Growth Factors and Opportunities
6.7.4 Others: Grographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 Nuclear Power Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Ansoff Matrix
7.1.5 Nuclear Power Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 Nuclear Power Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players
7.2 CHINA NATIONAL NUCLEAR COOPERATION (CNNC)
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Operating Business Segments
7.2.5 Product Portfolio
7.2.6 Business Performance
7.2.7 Key Strategic Moves and Recent Developments
7.2.8 SWOT Analysis
7.3 LARSEN AND TOUBRO (L&T)
7.4 NIAEP ASC
7.5 WESTINGHOUSE ELECTRIC COMPANY
7.6 ATOMIC ENERGY OF CANADA
7.7 BHARAT HEAVY ELECTRICALS
7.8 GE HITACHI
7.9 KEPCO
7.10 MITSUBISHI HEAVY INDUSTRIES
7.11 BRUCE POWER
7.12 CEZ GROUP
7.13 NUKEM
7.14 OTHER MAJOR PLAYERS
Chapter 8: Global Nuclear Power Market Analysis, Insights and Forecast, 2016-2028
8.1 Market Overview
8.2 Historic and Forecasted Market Size By Type
8.2.1 Pressurized Water Reactor (PWR)
8.2.2 Boiler Water Reactor (BWR)
8.2.3 Pressurized Heavy Water Reactor (PHWR)
8.2.4 Gas Cooled Reactor (GCR)
8.2.5 Others
8.3 Historic and Forecasted Market Size By Application
8.3.1 Electric Power Generation
8.3.2 Industrial
8.3.3 Medical
8.3.4 Food & Agriculture
8.3.5 Others
Chapter 9: North America Nuclear Power Market Analysis, Insights and Forecast, 2016-2028
9.1 Key Market Trends, Growth Factors and Opportunities
9.2 Impact of Covid-19
9.3 Key Players
9.4 Key Market Trends, Growth Factors and Opportunities
9.4 Historic and Forecasted Market Size By Type
9.4.1 Pressurized Water Reactor (PWR)
9.4.2 Boiler Water Reactor (BWR)
9.4.3 Pressurized Heavy Water Reactor (PHWR)
9.4.4 Gas Cooled Reactor (GCR)
9.4.5 Others
9.5 Historic and Forecasted Market Size By Application
9.5.1 Electric Power Generation
9.5.2 Industrial
9.5.3 Medical
9.5.4 Food & Agriculture
9.5.5 Others
9.6 Historic and Forecast Market Size by Country
9.6.1 U.S.
9.6.2 Canada
9.6.3 Mexico
Chapter 10: Europe Nuclear Power Market Analysis, Insights and Forecast, 2016-2028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Type
10.4.1 Pressurized Water Reactor (PWR)
10.4.2 Boiler Water Reactor (BWR)
10.4.3 Pressurized Heavy Water Reactor (PHWR)
10.4.4 Gas Cooled Reactor (GCR)
10.4.5 Others
10.5 Historic and Forecasted Market Size By Application
10.5.1 Electric Power Generation
10.5.2 Industrial
10.5.3 Medical
10.5.4 Food & Agriculture
10.5.5 Others
10.6 Historic and Forecast Market Size by Country
10.6.1 Germany
10.6.2 U.K.
10.6.3 France
10.6.4 Italy
10.6.5 Russia
10.6.6 Spain
10.6.7 Rest of Europe
Chapter 11: Asia-Pacific Nuclear Power Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Type
11.4.1 Pressurized Water Reactor (PWR)
11.4.2 Boiler Water Reactor (BWR)
11.4.3 Pressurized Heavy Water Reactor (PHWR)
11.4.4 Gas Cooled Reactor (GCR)
11.4.5 Others
11.5 Historic and Forecasted Market Size By Application
11.5.1 Electric Power Generation
11.5.2 Industrial
11.5.3 Medical
11.5.4 Food & Agriculture
11.5.5 Others
11.6 Historic and Forecast Market Size by Country
11.6.1 China
11.6.2 India
11.6.3 Japan
11.6.4 Singapore
11.6.5 Australia
11.6.6 New Zealand
11.6.7 Rest of APAC
Chapter 12: Middle East & Africa Nuclear Power Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Type
12.4.1 Pressurized Water Reactor (PWR)
12.4.2 Boiler Water Reactor (BWR)
12.4.3 Pressurized Heavy Water Reactor (PHWR)
12.4.4 Gas Cooled Reactor (GCR)
12.4.5 Others
12.5 Historic and Forecasted Market Size By Application
12.5.1 Electric Power Generation
12.5.2 Industrial
12.5.3 Medical
12.5.4 Food & Agriculture
12.5.5 Others
12.6 Historic and Forecast Market Size by Country
12.6.1 Turkey
12.6.2 Saudi Arabia
12.6.3 Iran
12.6.4 UAE
12.6.5 Africa
12.6.6 Rest of MEA
Chapter 13: South America Nuclear Power Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Type
13.4.1 Pressurized Water Reactor (PWR)
13.4.2 Boiler Water Reactor (BWR)
13.4.3 Pressurized Heavy Water Reactor (PHWR)
13.4.4 Gas Cooled Reactor (GCR)
13.4.5 Others
13.5 Historic and Forecasted Market Size By Application
13.5.1 Electric Power Generation
13.5.2 Industrial
13.5.3 Medical
13.5.4 Food & Agriculture
13.5.5 Others
13.6 Historic and Forecast Market Size by Country
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of SA
Chapter 14 Investment Analysis
Chapter 15 Analyst Viewpoint and Conclusion
Global Nuclear Power Market |
|||
Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD 71.41 Bn. |
Forecast Period 2022-28 CAGR: |
12.56% |
Market Size in 2028: |
USD 163.47 Bn. |
Segments Covered: |
By Type |
|
|
By Application |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
|
LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. NUCLEAR POWER MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. NUCLEAR POWER MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. NUCLEAR POWER MARKET COMPETITIVE RIVALRY
TABLE 005. NUCLEAR POWER MARKET THREAT OF NEW ENTRANTS
TABLE 006. NUCLEAR POWER MARKET THREAT OF SUBSTITUTES
TABLE 007. NUCLEAR POWER MARKET BY TYPE
TABLE 008. PRESSURIZED WATER REACTOR (PWR) MARKET OVERVIEW (2016-2028)
TABLE 009. BOILER WATER REACTOR (BWR) MARKET OVERVIEW (2016-2028)
TABLE 010. PRESSURIZED HEAVY WATER REACTOR (PHWR) MARKET OVERVIEW (2016-2028)
TABLE 011. GAS COOLED REACTOR (GCR) MARKET OVERVIEW (2016-2028)
TABLE 012. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 013. NUCLEAR POWER MARKET BY APPLICATION
TABLE 014. ELECTRIC POWER GENERATION MARKET OVERVIEW (2016-2028)
TABLE 015. INDUSTRIAL MARKET OVERVIEW (2016-2028)
TABLE 016. MEDICAL MARKET OVERVIEW (2016-2028)
TABLE 017. FOOD & AGRICULTURE MARKET OVERVIEW (2016-2028)
TABLE 018. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 019. NORTH AMERICA NUCLEAR POWER MARKET, BY TYPE (2016-2028)
TABLE 020. NORTH AMERICA NUCLEAR POWER MARKET, BY APPLICATION (2016-2028)
TABLE 021. N NUCLEAR POWER MARKET, BY COUNTRY (2016-2028)
TABLE 022. EUROPE NUCLEAR POWER MARKET, BY TYPE (2016-2028)
TABLE 023. EUROPE NUCLEAR POWER MARKET, BY APPLICATION (2016-2028)
TABLE 024. NUCLEAR POWER MARKET, BY COUNTRY (2016-2028)
TABLE 025. ASIA PACIFIC NUCLEAR POWER MARKET, BY TYPE (2016-2028)
TABLE 026. ASIA PACIFIC NUCLEAR POWER MARKET, BY APPLICATION (2016-2028)
TABLE 027. NUCLEAR POWER MARKET, BY COUNTRY (2016-2028)
TABLE 028. MIDDLE EAST & AFRICA NUCLEAR POWER MARKET, BY TYPE (2016-2028)
TABLE 029. MIDDLE EAST & AFRICA NUCLEAR POWER MARKET, BY APPLICATION (2016-2028)
TABLE 030. NUCLEAR POWER MARKET, BY COUNTRY (2016-2028)
TABLE 031. SOUTH AMERICA NUCLEAR POWER MARKET, BY TYPE (2016-2028)
TABLE 032. SOUTH AMERICA NUCLEAR POWER MARKET, BY APPLICATION (2016-2028)
TABLE 033. NUCLEAR POWER MARKET, BY COUNTRY (2016-2028)
TABLE 034. CHINA NATIONAL NUCLEAR COOPERATION (CNNC): SNAPSHOT
TABLE 035. CHINA NATIONAL NUCLEAR COOPERATION (CNNC): BUSINESS PERFORMANCE
TABLE 036. CHINA NATIONAL NUCLEAR COOPERATION (CNNC): PRODUCT PORTFOLIO
TABLE 037. CHINA NATIONAL NUCLEAR COOPERATION (CNNC): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 037. LARSEN AND TOUBRO (L&T): SNAPSHOT
TABLE 038. LARSEN AND TOUBRO (L&T): BUSINESS PERFORMANCE
TABLE 039. LARSEN AND TOUBRO (L&T): PRODUCT PORTFOLIO
TABLE 040. LARSEN AND TOUBRO (L&T): KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 040. NIAEP ASC: SNAPSHOT
TABLE 041. NIAEP ASC: BUSINESS PERFORMANCE
TABLE 042. NIAEP ASC: PRODUCT PORTFOLIO
TABLE 043. NIAEP ASC: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 043. WESTINGHOUSE ELECTRIC COMPANY: SNAPSHOT
TABLE 044. WESTINGHOUSE ELECTRIC COMPANY: BUSINESS PERFORMANCE
TABLE 045. WESTINGHOUSE ELECTRIC COMPANY: PRODUCT PORTFOLIO
TABLE 046. WESTINGHOUSE ELECTRIC COMPANY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 046. ATOMIC ENERGY OF CANADA: SNAPSHOT
TABLE 047. ATOMIC ENERGY OF CANADA: BUSINESS PERFORMANCE
TABLE 048. ATOMIC ENERGY OF CANADA: PRODUCT PORTFOLIO
TABLE 049. ATOMIC ENERGY OF CANADA: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 049. BHARAT HEAVY ELECTRICALS: SNAPSHOT
TABLE 050. BHARAT HEAVY ELECTRICALS: BUSINESS PERFORMANCE
TABLE 051. BHARAT HEAVY ELECTRICALS: PRODUCT PORTFOLIO
TABLE 052. BHARAT HEAVY ELECTRICALS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 052. GE HITACHI: SNAPSHOT
TABLE 053. GE HITACHI: BUSINESS PERFORMANCE
TABLE 054. GE HITACHI: PRODUCT PORTFOLIO
TABLE 055. GE HITACHI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 055. KEPCO: SNAPSHOT
TABLE 056. KEPCO: BUSINESS PERFORMANCE
TABLE 057. KEPCO: PRODUCT PORTFOLIO
TABLE 058. KEPCO: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 058. MITSUBISHI HEAVY INDUSTRIES: SNAPSHOT
TABLE 059. MITSUBISHI HEAVY INDUSTRIES: BUSINESS PERFORMANCE
TABLE 060. MITSUBISHI HEAVY INDUSTRIES: PRODUCT PORTFOLIO
TABLE 061. MITSUBISHI HEAVY INDUSTRIES: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 061. BRUCE POWER: SNAPSHOT
TABLE 062. BRUCE POWER: BUSINESS PERFORMANCE
TABLE 063. BRUCE POWER: PRODUCT PORTFOLIO
TABLE 064. BRUCE POWER: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 064. CEZ GROUP: SNAPSHOT
TABLE 065. CEZ GROUP: BUSINESS PERFORMANCE
TABLE 066. CEZ GROUP: PRODUCT PORTFOLIO
TABLE 067. CEZ GROUP: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 067. NUKEM: SNAPSHOT
TABLE 068. NUKEM: BUSINESS PERFORMANCE
TABLE 069. NUKEM: PRODUCT PORTFOLIO
TABLE 070. NUKEM: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 070. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 071. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 072. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 073. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. NUCLEAR POWER MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. NUCLEAR POWER MARKET OVERVIEW BY TYPE
FIGURE 012. PRESSURIZED WATER REACTOR (PWR) MARKET OVERVIEW (2016-2028)
FIGURE 013. BOILER WATER REACTOR (BWR) MARKET OVERVIEW (2016-2028)
FIGURE 014. PRESSURIZED HEAVY WATER REACTOR (PHWR) MARKET OVERVIEW (2016-2028)
FIGURE 015. GAS COOLED REACTOR (GCR) MARKET OVERVIEW (2016-2028)
FIGURE 016. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 017. NUCLEAR POWER MARKET OVERVIEW BY APPLICATION
FIGURE 018. ELECTRIC POWER GENERATION MARKET OVERVIEW (2016-2028)
FIGURE 019. INDUSTRIAL MARKET OVERVIEW (2016-2028)
FIGURE 020. MEDICAL MARKET OVERVIEW (2016-2028)
FIGURE 021. FOOD & AGRICULTURE MARKET OVERVIEW (2016-2028)
FIGURE 022. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 023. NORTH AMERICA NUCLEAR POWER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 024. EUROPE NUCLEAR POWER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 025. ASIA PACIFIC NUCLEAR POWER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 026. MIDDLE EAST & AFRICA NUCLEAR POWER MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 027. SOUTH AMERICA NUCLEAR POWER MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Nuclear Power Market research report is 2022-2028.
China National Nuclear Cooperation (CNNC), Larsen and Toubro (L&T), NIAEP ASC, Westinghouse Electric Company, Atomic Energy of Canada, Bharat Heavy Electricals, GE Hitachi, KEPCO, Mitsubishi Heavy Industries, Bruce Power, CEZ Group, Nukem, and other major players.
The Nuclear Power Market is segmented into Type, Application, and Region. By Type, the market is categorized into Pressurized Water Reactor (PWR), Boiler Water Reactor (BWR), Pressurized Heavy Water Reactor (PHWR), Gas Cooled Reactor (GCR), and Others. By Application, the market is categorized into Electric Power Generation, Industrial, Medical, Food & Agriculture, and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Nuclear power is an efficient and clean way of boiling water to create steam, which turns turbines to produce electricity. Nuclear power plants utilize low-enriched uranium fuel for electricity production through a process called fission.
Global Nuclear Power Market was valued at USD 71.41 Billion in 2021 and is projected to reach USD 163.47 Billion by 2028, growing at a CAGR of 12.56% from 2022 to 2028.