Aging nuclear power plants is expected to propel growth of the global nuclear decommissioning services market. Several existing nuclear power plants are expected to inevitably close down over the next two decades, as plants are nearing the end of their operational lifespans. Bulk of worldwide retirements are owing to aging fields i.e. the oldest fleet, particularly by the U.S. followed by the European Union (led by France, Germany, and the U.K.), Japan, and Russia. Rate of retirement, i.e. end of life of nuclear power plants is projected in the first half of the 2020s, as reactors built in 1970s are taken off-line, and then again in the 2030s, particularly if life extensions in the U.S. are not re-extended for another 20 years.
Key features of the study:
- This report provides in-depth analysis of nuclear decommissioning services market and provides market size (US$ Bn) and compound annual growth rate (CAGR %) for the forecast period (2023 – 2030), considering 2022 as the base year
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the nuclear decommissioning services market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this study 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
- Insights from this report would allow marketers and the management authorities of the companies to make informed decision regarding their future products launches, technology up-gradation, market expansion, and marketing tactics
- The global nuclear decommissioning services market report caters to various stakeholders in this industry including investors, suppliers, service providers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the nuclear decommissioning services market
Detailed Segmentation:
- Global Nuclear Decommissioning Services Market, By Reactor Type:
- Pressurized Water Reactor (PWR)
- Boiling Water Reactor (BWR)
- Gas Cooled Reactor (GCR)
- Others (Pressurized Heavy Water Reactor (PHWR), etc.)
- Global Nuclear Decommissioning Services Market, By Decommissioning Strategy:
- Immediate Dismantling
- Deferred Dismantling
- Entombment
- Global Nuclear Decommissioning Services Market, By Region:
- North America
- Europe
- U.K.
- Germany
- Italy
- France
- Russia
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Australia
- South Korea
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East
- GCC
- Israel
- Rest of Middle East
- Africa
- Northern Africa
- Central Africa
- South Africa
- Company Profiles
- Orana Group*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- AECOM
- Babcock International Group PLC
- Westinghouse Electric Company LLC
- Enercon Services, Inc.
- KDC Contractors Limited
- NUVIA Group
- Onet Technologies SAS
- Sogin S.p.A.
“*” marked represents similar segmentation in other categories in the respective section.