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Nuclear Power Plant and Equipment Market Expected to Generate $49,038 million in 2025 - Shanghai Electric Group Co., Ltd., Mitsubishi Heavy Industries, Ltd., Larsen & Toubro Limited., BWX Technologies, Inc., Dongfang Electric
Nuclear Power Plant and Equipment Market
The growth of the nuclear power plant and equipment market is driven by increase in demand from developing countries, such as China, where it is used on a large scale owing to its clean form of energy. Furthermore, the Middle Eastern countries focus on the development of nuclear energy infrastructure, which is expected to offer significant business opportunities and is anticipated to boost the nuclear power plant and equipment market. However, high cost associated with the nuclear power plant equipment hampers the growth of the market to a certain extent. Strict environmental norms or regulations regarding greenhouse gas emissions create numerous growth opportunities for the market.
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The global nuclear power plant and equipment market is segmented based on reactor type, equipment type, and region. Based on reactor type, it is categorized into high temperature gas-cooled reactor (HTGR), pressurized water reactor (PWR), boiling water reactor (BWR), pressurized heavy water reactor (PHWR), fast breeder reactor (FBR), and others. By equipment type, the market is bifurcated into island equipment and auxiliary equipment. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The key players analyzed in this report are Shanghai Electric Group Co., Ltd., Mitsubishi Heavy Industries, Ltd., Larsen & Toubro Limited., BWX Technologies, Inc., Dongfang Electric Corp. Ltd., ROSATOM (ROSATOM State Atomic Energy Corporation), Toshiba, Doosan Corporation, Korea Electric Power Corporation, and General Electric.
The other players in the value chain (not included in the report) include Hitachi, Ltd., Babcock and Wilcox, Orano, and Korea Hydro & Nuclear Energy.
Key Benefits for Nuclear Power Plant and Equipment Market :
This report entails a detailed quantitative analysis of the current market trends from 2017 to 2025 to identify the prevailing opportunities along with a strategic assessment of the global nuclear power plant and equipment market.
Market size and estimations are based on a comprehensive analysis of the reactor type, equipment type, and developments in the industry.
A qualitative analysis based on innovative products and devices facilitate strategic business planning.
The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the market.
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