Nuclear Power Plant and Equipment Market Size by Consumption Analysis, Developments and Trends, Growth Forecast, Regions, Type, Manufacturers


Posted July 4, 2023 by pujammr

Nuclear Power Plant and Equipment Market: size was valued at USD 41.05 Bn. in 2022 and the total revenue is expected to grow by 4.31% from 2023 to 2029, reaching nearly USD 55.16 Bn.
 
Nuclear Power Plant and Equipment Market Overview:

Maximize Market Research's new report, Global Nuclear Power Plant and Equipment Market 2022-2029, is useful for understanding the market's competitors. The research provides a broad and basic examination of the market, including an examination of subjective factors that might provide readers with vital business insights. The research provides a market overview that explains the value chain structure, geographical analysis, applications, market size, and forecast (2022-2029). The research will serve as a vehicle for a more accurate assessment of the current and future conditions of the worldwide Nuclear Power Plant and Equipment market.

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Market Scope:

The research provides an analytical view of the business by studying several elements such as worldwide Nuclear Power Plant and Equipment market growth, consumption volume, market trends, and company pricing structures throughout the projected period. The analysis includes extensive research to explore the market's complexities. The research provides an overview of the worldwide Nuclear Power Plant and Equipment market, including market characteristics, market segmentation analysis, market size, customer landscape, and geographical landscape. The study considers growth drivers, current trends, advancements, prospects, and the competitive environment in its research. This market has been examined in several areas based on productivity and manufacturing base.

Segmentation:

by Reactor

1. High Temperature Gas-Cooled Reactor (HTGR)
2. Pressurized Water Reactor (PWR)
3. Boiling Water Reactor (BWR)
4. Pressurized Heavy Water Reactor (PHWR)
5. Fast Breeder Reactor (FBR)
6. Others

by Equipment

1. Island Equipment
2. Auxiliary Equipment

by End Users

1. Military
2. Research
3. Others

Due to their massive fleet size, Pressurised Water Reactors (PWR) are anticipated to rule the industry in terms of type. Estimates indicate that the PWR sector holds a sizable market share. The expansion of pressurised water reactor-related initiatives and investments is primarily responsible for the increase. Furthermore, PWR reactors are easy to operate in terms of stability since they remain stable at high temperatures. According to MMR 2021 data, there are 442 operational reactors globally, 302 of which are PWRs with a 287 GWe capacity. With 56 and 47 PWRs, respectively, France and China follow the US with 63 PWRs. Boiling water reactors (BWR) generate power by using steam that is directly transferred from the reactor's internal water boiling to a turbine generator.

The market sector for island equipment is anticipated to expand rapidly. because it has the highest adoption rate. The island equipment sector now dominates the market and is anticipated to do so during the projection period in addition to its significant role in operation safety and broad range of applications in a nuclear power plant. The cost of island equipment is lower than that of auxiliary equipment. The island equipment at a nuclear power station accounts for around 12.6% of the total capital cost, according to the National Renewable Energy Laboratory (NREL). The auxiliary equipment segment is anticipated to expand significantly throughout the course of the projected period. The characteristic of auxiliary equipment to ensure reliability is related to the rise in nuclear power plant safety, which is increasing drastically.

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Key Players:

It then discusses the top competitors in the worldwide Nuclear Power Plant and Equipment market, as well as emerging players, in detail, including market share based on revenue, demand, high-quality product makers, sales, and service providers. In addition, the research assesses capacity utilization, raw material sources, import-export, the value chain, price structure, and the industrial supply chain. The following players are featured in this report:

1. Babcock and Wilcox Company (US)
2. BWX Technologies, Inc (US)
3. General Electric(US)
4. Westinghouse Electric Corporation (US)
5. Exelon Generation Co. LLC (US)
6. FirstEnergy Corp (US)
7. Entergy Corporation (US)
8. Cameco Corporation (Canada)
9. EDF-ELECTRICITE DE FRANCE (France)
10. Orano SA (France)
11. Engie SA (France)
12. ENI S.P.A. (Italy)
13. CEZ A. S (Czech Republic)
14. PGE POLSKA GRUPA ENERGETYCZNA (Poland)
15. Rosatom (Russia)
16. Korea Hydro and Nuclear Power Co. Ltd (South Korea)
17. Doosan Corporation (South Korea)
18. Mitsubishi Heavy Industries (Japan)
19. Hitachi-GE Nuclear energy Ltd (Japan)
20. Toshiba (Japan)
21. China General Nuclear Power Group (China)
22. Shanghai Electric Group Co., Ltd. (China)
23. Dongfang Electric Corp. Ltd. (China)
24. HUBEI ENERGY GROUP (China)
25. Larsen & Toubro Limited (India)

Get to Know More About This Market Study@ https://www.maximizemarketresearch.com/market-report/global-nuclear-power-plant-and-equipment-market/20888/

Regional Analysis:

The report has analyzed the global Nuclear Power Plant and Equipment market in the following regions:

America, North (the United States, Canada, and Mexico)
European Union (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific region (China, Japan, Korea, India, Southeast Asia, and Australia)
Latin America (Brazil, Argentina, Colombia, and Rest of South America)
Africa and the Middle East (Saudi Arabia, UAE, Egypt, South Africa, and Rest of the Middle East & Africa)
The research provides comprehensive insights into numerous development opportunities and challenges in the regions mentioned above based on various types of goods, applications, end-users, and countries, among others. The research also includes key features of the worldwide Nuclear Power Plant and Equipment market, such as sales growth, product price and analysis, growth potential, and suggestions for tackling market issues in the given regions.

COVID-19 Impact Analysis on Nuclear Power Plant and Equipment Market:

COVID-19 is an unprecedented worldwide public health emergency that has impacted practically every business, and the long-term impacts are expected to have an influence on industry growth throughout the projection period. Our continuing study expands our research methodology to include fundamental COVID-19 concerns and potential next steps. The research provides insights on COVID-19 by taking into account changes in consumer behavior and demand, purchasing patterns, supply chain re-routing, the dynamics of contemporary market forces, and substantial government initiatives. The revised report contains insights, analysis, projections, and predictions based on the influence of COVID-19 on the market.

Key Questions Answered in the Nuclear Power Plant and Equipment Market Report are:

Which are the major companies in the Nuclear Power Plant and Equipment market?
Which is the potential market for Nuclear Power Plant and Equipment in terms of the region?
Which application area of Nuclear Power Plant and Equipment is expected to grow at a significant rate in the market in the next 5 years?
What are the opportunities for new market entrants?
What will be the Nuclear Power Plant and Equipment market size by 2027?
What are the growth prospects for the Nuclear Power Plant and Equipment market?
What is the base year considered in the Nuclear Power Plant and Equipment market report?
Which region holds the largest market share in the Nuclear Power Plant and Equipment market?
What factors are anticipated to drive the Nuclear Power Plant and Equipment market?
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Issued By Puja
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Categories Energy
Tags nuclear power plant and equipment market , nuclear power plant and equipment market share , nuclear power plant and equipment market size
Last Updated July 4, 2023