Dublin, July 07, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/m59f5g/nuclear_steam) has announced the addition of the "Nuclear Steam Generator (SG) Market in China 2015-2019" report to their offering.
The Nuclear Steam Generator market in China to grow at a negative CAGR of 16% over the period 2014-2019.
A nuclear steam generator converts water to steam in a nuclear power reactor. It is linked between the primary loop and the secondary loop. The piping system that contains coolant is called the primary loop and is maintained at a very high pressure and temperature. The secondary loop consists of a separate piping system, where water is converted to steam. The water that passes through the primary loop never mixes with water from the secondary loop.
Nuclear power is a significant remedy to curb carbon emission. It helps reduce carbon emissions of over two billion tons each year. Increased deployment of nuclear power would help China meet its climate change objectives.
According to the report, key factors such as the rise in demand for power generation predominantly drive the growth of the market. Growing populations and industrialization have amplified the power demand in China. Nuclear power, being the base-load power provider and a cleaner source than other conventional sources, can help meet the growing power demand; therefore, the country is increasingly constructing new nuclear reactors, thereby creating a demand for SGs.
Further, the report states that public opposition and safety concerns are significant growth barriers of this market. Destructive nuclear accidents such as Chernobyl and Fukushima have had a negative effect on nuclear energy. They have raised the fundamental question about the safety of operational nuclear reactors worldwide. Many nuclear power plant projects were cancelled in China because of public safety concerns.
Key Vendors
- Areva
- Dongfang Electric
- ROSATOM
- Shanghai Electric
- Westinghouse Electric
Other Prominent Vendors
- China First Heavy Industries
- Harbin Electric
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Market Landscape
- Market Segmentation by Reactor Status
- Market Segmentation by Reactor Type
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/m59f5g/nuclear_steam