Global Nuclear Decommissioning Services Business Research Report 2023-2030: Europe and United States Prime for Growth of Nuclear Decommissioning Service Market


Dublin, Oct. 24, 2023 (GLOBE NEWSWIRE) -- The "Nuclear Decommissioning Services - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

Global Nuclear Decommissioning Services Market to Reach $9.6 Billion by 2030

The global market for Nuclear Decommissioning Services estimated at US$5.9 Billion in the year 2022, is projected to reach a revised size of US$9.6 Billion by 2030, growing at a CAGR of 6.3% over the analysis period 2022-2030.

Upto 800 MW, one of the segments analyzed in the report, is projected to record 6.7% CAGR and reach US$6.3 Billion by the end of the analysis period. Growth in the 801 MW & Above segment is estimated at 5.6% CAGR for the next 8-year period.

The U.S. Market is Estimated at $1.8 Billion, While China is Forecast to Grow at 5.9% CAGR

The Nuclear Decommissioning Services market in the U.S. is estimated at US$1.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$1 Billion by the year 2030 trailing a CAGR of 5.9% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.2% and 5.3% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 6.9% CAGR.

What`s New?

  • Special discussions on the global economic climate and market sentiment
  • Coverage on global competitiveness and key competitor percentage market shares
  • Market presence analysis across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and trademarked research platform
  • Complimentary updates for one year
  • Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes

MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • COVID-19 Impact on Nuclear Decommissioning Services Market
  • The EU Recovery Fund Links with Multiannual Financial Framework to Add for Total Financial Package during COVID-19
  • Delay in Commissioning & Decommissioning Proceedings for Nuclear Facilities Entails Severe Disruptions for Nuclear Power Value Chain
  • Impact on Mines, Construction & Regulations
  • Change in Power Output for Q2, 2020 (in %) by Select Region - USA, EU, China, and Rest of World
  • Nuclear Power: Reliable and Sustainable Electricity Source with Minimal Carbon Emissions
  • Global Nuclear Power Industry: Fast Facts
  • Myriad Benefits of Nuclear Power over Coal, Oil, and Gas to Drive the Vision of the "Plutonium Economy"
  • Largest Nuclear Power Plants Worldwide by Gross Capacity (MWs)
  • Largest Nuclear Power Plants Worldwide by Gross Electricity Generation (Billion Kilowatt Hours)
  • Operational and Under Construction Nuclear Power Reactors Worldwide by Country
  • Global Nuclear Reactors under Construction by Country, Net Electrical Power, and Reactor Type
  • Nuclear Decommissioning: Dismantling Nuclear Facilities for Radiological Safety
  • Need for Nuclear Decommissioning
  • Nuclear Decommissioning Options
  • Recycling & Reuse of Facility Materials
  • Major International Organizations for Decommissioning
  • Retirement of Numerous Nuclear Power Plants Presents Lucrative Opportunities for Nuclear Decommissioning Services Market
  • High Capital Intensiveness of Nuclear Power Plants
  • Nuclear Decommissioning Service Market: Key Growth Drivers & Restraints
  • World Nuclear Decommissioning Services Market by Capacity (2020): Percentage Breakdown of Revenues for Upto 800 MW, and 801 MW & Above
  • Pressurized Water Reactors Occupy Commanding Share of Nuclear Decommissioning Service Market
  • Global Operational Nuclear Reactors by Type and Electrical Power: Percentage Breakdown of Number of Reactors and Net Electrical Power (GW) for PWR, BWR, PHWR, LWGR, GCR, and FBR
  • Brief Review of Decommissioning of US and European Reactors
  • Immediate Dismantling: Dominating Service Type in Nuclear Decommissioning Market
  • World Nuclear Decommissioning Services Market by Service (2020 & 2027): Percentage Breakdown of Revenues for Immediate Dismantling, Deferred Dismantling, and Entombment
  • Europe and United States Prime for Growth of Nuclear Decommissioning Service Market
  • World Nuclear Decommissioning Services Market (2020 & 2027): Percentage Breakdown of Revenues for Developed and Developing Regions
  • World Nuclear Decommissioning Services Market - Geographic Regions Ranked by Value CAGR for 2020-2027: USA, Europe, China, Asia-Pacific, Canada, Japan, and Rest of World
  • Competitive Scenario
  • Encouraging Developments
  • Recent Market Activity
  • Nuclear Decommissioning Services - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

MARKET TRENDS & DRIVERS

  • Accidents and Political Pressures Put Focus on Pre-Closures of Nuclear Plants
  • Aging Nuclear Power Plants Increase Demand
  • Prohibitive Cost & Environmental Issues Associated with Nuclear Fuel Disposal Encourage Decommissioning
  • With Several Governments Planning Decommissioning of Projects, Market is Poised for Growth
  • Robotic & Automation Technologies in Decommissioning
  • French CEA Develops MAESTRO
  • Cavendish Nuclear, OC Robotics, and Babcock International Develop Robotic Technology to Decommission Reprocessing Plants in Sellafield
  • Climatic Changes Impact Nuclear Power Plants, Forcing Authorities to Mull Decommissioning in Sensitive Sites
  • Unprecedented Rise of Renewable Energy Set to Accelerate Nuclear Decommissioning
  • Wind and Solar Expansion Lead to Renewable Power Revolution
  • Rising Concerns about Economic Viability of Nuclear Plants Extends Potential Opportunities
  • Collaborative Efforts to Attain Net Zero Targets Sustain Prospects of Nuclear Power, Curtail Decommissioning Needs
  • Nuclear Power's Image as a Safe Energy Source despite Controversies
  • Latest Developments Brighten Prospects for Commercialization of Advanced Nuclear Reactors
  • Lifetime Extension & Updating of Existing Facilities Reduce Market Opportunities

FOCUS ON SELECT PLAYERS (Total 38 Featured)

  • Toshiba Corporation
  • Babcock International Group PLC
  • SNC-Lavalin Group, Inc.
  • Jacobs Engineering Group Inc.
  • Korea Hydro & Nuclear Power Co., Ltd.
  • Toshiba Energy Systems & Solutions Corporation
  • Bechtel Corporation
  • PreussenElektra GmbH

For more information about this report visit https://www.researchandmarkets.com/r/hzov5m

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