Nuclear Decommissioning Services: Global Market Forecast to 2026 - A $16+ Billion Opportunity - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--Dec 10, 2018--The “Nuclear Decommissioning Services - Global Market Outlook (2017-2026)” report has been added to ResearchAndMarkets.com’s offering.
According to this report, the Global Nuclear Decommissioning Services market accounted for $4.96 billion in 2017 and is expected to reach $16.35 billion by 2026 growing at a CAGR of 14.2% during the forecast period.
Some of the key factors fuelling the market include accidents & rising political pressure for pre-closure, aging nuclear power plants and technological advancements. However, factors such as high cost and Nuclear Waste Disposal are hindering the market growth.
By Reactor Type, Pressurized Water Reactor (PWR) held considerable market share during predicted period. PWRs are highly chosen by industry operators owing to factors such as high level of stability and ease to operate them. This segment is projected to exhibit the strongest growth rate over the forecast period due to its extensive use and installation.
Based on geography, Europe is expected to grow at the highest CAGR during the forecast period owing to rise in shutdown down of nuclear reactors and the country’s plan for complete phase-out. Increasing political pressure in the region as a consequence of the Fukushima accident in 2011 has led to market growth.
Key Topics Covered
1 Executive Summary
3 Market Trend Analysis
4 Porters Five Force Analysis
5 Global Nuclear Decommissioning Services Market, By Capacity
6 Global Nuclear Decommissioning Services Market, By Reactor Type
7 Global Nuclear Decommissioning Services Market, By Decommissioning Strategy
8 Global Nuclear Decommissioning Services Market, By Application
9 Global Nuclear Decommissioning Services Market, By Geography
10 Key Developments
11 Company ProfilingWestinghouse Electric Studsvik Babcock International Sogin Onet Technologies Nuvia Group Areva KDC Contractors Ansaldo Nes GD Energy Services-Nuclear Aecom Energysolutions Enercon Services
For more information about this report visit https://www.researchandmarkets.com/research/486n2r/nuclear?w=4
View source version on businesswire.com:https://www.businesswire.com/news/home/20181210005752/en/
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Related Topics:Nuclear Power
INDUSTRY KEYWORD: ENERGY NUCLEAR
SOURCE: Research and Markets
Copyright Business Wire 2018.
PUB: 12/10/2018 02:22 PM/DISC: 12/10/2018 02:22 PM