Nuclear Decommissioning Services Market Size Estimated to Observe Significant Growth by 2027


Posted July 31, 2020 by smithjohncmi781

Nuclear decommissioning is the process in which a nuclear facility is dismantled so that it no longer requires to be protected from radiation.
 
Nuclear Decommissioning Services Market Status, Top Emerging Trends, Growth and Business Opportunities

The Nuclear Decommissioning Services Market report is one of the most comprehensive and important data about business strategies, qualitative and quantitative analysis of Global Market. It offers detailed research and analysis of key aspects of the Nuclear Decommissioning Services market. The market analysts authoring this report have provided in-depth information on leading growth drivers, restraints, challenges, trends, and opportunities to offer a complete analysis of the Nuclear Decommissioning Services market.

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Europe accounted for the largest market share in the global nuclear decommissioning services market with a value of US$ 78.48 billion in 2018. Stringent government regulations in Europe to support nuclear decommissioning activities is a major factor driving growth of the market in the region. Europe is projected to become the world’s largest market for decommissioning and decontamination (D&D) in the next five years. Over half of the European Union’s 223 nuclear power plants are due for closure by 2025.
The pressurized water reactor segment accounted for the largest market share in the nuclear decommissioning services market in 2018. Pressurized water reactor (PWR) is a type of nuclear reactor used to generate electricity and propel nuclear submarines and naval vessels. It utilizes light water (ordinary water, as opposed to heavy water) as coolant and neutron moderator. According to World Nuclear Association, PWR was originally designed for the U.S. Navy, however, it gained significant traction and became widely used reactor in nuclear power plants; with 297 in operation around the world as of 2018.
Major players operating in the global nuclear decommissioning services market include Orana Group, AECOM, Babcock International Group Plc, Westinghouse Electric Company LLC, Enercon Services Inc., KDC Contractors Limited, NUVIA Group, Onet Technologies SAS, Sogin S.p.A., and others.

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Highlights of TOC:
Overview: Presents a broad overview of the Nuclear Decommissioning Services Market, acting as a snapshot of the elaborate study that follows.
Market Dynamics: A straight-forward discussion about key drivers, restraints, challenges, trends, and opportunities of the Nuclear Decommissioning Services Market.
Product Segments: Explores the market growth of the wide variety of products offered by organizations, and how they fare with end-users.
Application Segments: This section studies the key end-use applications that contribute to the market growth and the emerging opportunities to the Nuclear Decommissioning Services Market.
Geographical Segments: Each regional market – with a region-specific study of each segment- is carefully assessed for understanding its current and future growth scenarios.
Company Profiles: Leading and emerging players of the Nuclear Decommissioning Services Market are thoroughly profiled in the report based on their market share, market served, products, applications, regional growth, and other factors.

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Last Updated July 31, 2020