Geographies covered: |
|
Nuclear Decommissioning Services Market: Regional Analysis
Europe accounted for the largest market share in the global nuclear decommissioning services market. Stringent government regulations in Europe to support nuclear decommissioning activities are a major factor driving the 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 market in Asia Pacific is expected to witness the fastest growth in the global nuclear decommissioning services market over the forecast period. The ongoing nuclear decommissioning activities and initiatives of the governments in this region to reduce nuclear energy are major factors driving the growth of the nuclear decommissioning services market in Asia Pacific. For instance, in May 2018, the government of Taiwan announced plans to diversify the energy mix and replace nuclear power with clean energy such as wind and solar power.
Figure 2. Nuclear Decommissioning Services Market, By Region 2022
Nuclear Decommissioning Services Market Report Snapshots
Joining thousands of companies around the world committed to making the Excellent Business Solutions.
View All Our Clients