Nuclear Power Plant and Equipment Market size was valued at USD 50 Billion in 2024 and is forecasted to grow at a CAGR of 5.5% from 2026 to 2033, reaching USD 75 Billion by 2033.
In 2022, the global nuclear power plant and equipment market was valued at approximately USD 82.5 billion and is projected to reach around USD 103.1 billion by 2030, reflecting a compound annual growth rate (CAGR) of 2.8% over the forecast period. Regionally, North America held a significant market share, with the U.S. market alone estimated at USD 24.1 billion in 2022. In the Asia Pacific region, China accounted for 50 operating reactors with a capacity of 47.52 GW as of 2021, aiming to achieve 58 GW of nuclear capacity by the end of 2021 and 150 GW by 2030. Europe also demonstrated a robust presence in the market, with France operating 56 reactors totaling 61.57 GW capacity as of 2021. The French government announced a EUR 30 billion (approximately USD 34.2 billion) strategic plan in October 2021 to enhance the countrys nuclear power energy. Additionally, the U.S. Department of Energy allocated USD 20 million in October 2021 to develop technology for generating clean hydrogen energy from nuclear power, aiming to produce zero carbon electricity and support nuclear plant operations.
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Mitsubishi Heavy Industries
General Electric
Larsen & Toubro
Orano
Babcock & Wilcox
Alstom
Toshiba
Doosan
BWX Technologies
Dongfang Electric
ROSATOM
Shanghai Electric Group
Korea Electric Power
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By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Nuclear Power Plant and Equipment Market
Pressurized Water Reactor (PWR)
Boiling Water Reactor (BWR)
Gas-Cooled Reactor (GCR)
Fast Neutron Reactor (FNR)
Small Modular Reactor (SMR)
Reactor Pressure Vessel
Steam Generators
Containment Systems
Control Systems
Fuel Handling Systems
Cooling Towers
Conventional Technology
Advanced Technology
Hybrid Systems
Instrumentation and Control
Electricity Generation
Research and Development
Medical Isotope Production
Desalination Processes
Public Utilities
Private Sector Companies
Government Agencies
Independent Power Producers (IPPs)
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Nuclear Power Plant and Equipment Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Nuclear Power Plant and Equipment Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Nuclear Power Plant and Equipment Market, By Type
6. Global Nuclear Power Plant and Equipment Market, By Application
7. Global Nuclear Power Plant and Equipment Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Nuclear Power Plant and Equipment Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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