2020 Nuclear Electric Power Generation Market: Business Growth, Development Factors, Application and Future Prospects and Forecast To 2023

The Business Research Company offers " Nuclear Electric Power Generation Global Market Report 2020 " in its research report store. It is the most comprehensive report available on this market and will help gain a truly global perspective as it covers 60 geographies. The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by region and by country. It also compares the market’s historic and forecast growth, and highlights important trends and strategies that players in the market can adopt.

The global nuclear electric power generation market reached a value of nearly $69.3 billion in 2019, having grown at a compound annual growth rate (CAGR) of -2.6% since 2015, and is expected to grow at a CAGR of 3.26% to nearly $78.8 billion by 2023.

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The nuclear electric power generation market consists of sales of nuclear electric power and related services that convert nuclear energy into electrical energy. The nuclear electric power generation industry includes establishments that operate nuclear power plants which use uranium as a fuel to generate electricity. Nuclear power plants use the heat produced during nuclear fission. In nuclear fission, which takes place inside the reactor of a nuclear power plant, atoms are split apart to form smaller atoms, releasing energy. The heat produced in the reactor core during nuclear fission is used to boil water into steam, which converts the blades of a steam turbine. As the turbine blades turn, they drive generators that produce electricity. The electrical energy produced is directly provided to power transmission systems, which are used to move large quantities of power from generating facilities to substations and distribution systems, which are used for short distances, generally to transport electricity to customers locally.

The growing demand for electricity is expected to be a key driver of the nuclear electric power generation market in the forecast period. This can be attributed to growing economies, rising populations, especially in developing countries such as China, India, Brazil, and some African countries. Global electricity demand is projected to grow from 25,000 TWh in 2017 to 38,700 TWh by 2050, an increase of 57%. China and India will account for a major portion of this growth. Electricity consumption in India is expected to grow at a CAGR of 7.1% from 2017 to 2022.

Nuclear Electric Power Generation Market Segmentation: -
By Reactor Type
Pressurized Water Reactors (PWR)
Fast Breeder Reactor (FBR)
Pressurized Heavy-Water Reactor (PHWR)
Boiling Water Reactor (BWR)
Light Water Graphite Reactor (LWGR)
Gas-Cooled Reactor (GCR)

By End-User
Residential
Commercial
Industrial

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Few Points From Table Of Content
1. Executive Summary
2. Nuclear Electric Power Generation Market Characteristics
3. Nuclear Electric Power Generation Market Size And Growth
4. Nuclear Electric Power Generation Market Segmentation
5. Nuclear Electric Power Generation Market Regional And Country Analysis
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25. Nuclear Electric Power Generation Market Competitive Landscape And Company Profiles
26. Key Mergers And Acquisitions In The Nuclear Electric Power Generation Market
27. Nuclear Electric Power Generation Market Trends And Strategies
28. Nuclear Electric Power Generation Market Future Outlook and Potential Analysis
29. Appendix

The report covers the trends and market dynamics of the Nuclear Electric Power Generation Market in major countries - Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, and USA. The report also includes consumer surveys and various future opportunities for the market.

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Some of the key players involved in the Nuclear Electric Power Generation Market are EDF Group, Exelon Corp, Duke Energy Corp, Enel SpA and NextEra Energy, Inc.

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The Business Research Company has published over 1000 industry reports, covering over 2500 market segments and 60 geographies. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. The reports are updated with a detailed analysis of the impact of COVID-19 on various markets after WHO declared COVID-19 as a pandemic.

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