Press release
Nuclear Reactor Market Top Key Players - Alstom Sa, France, US, Dongfang Electric Corp. Ltd., China, Hitachi-ge Nuclear Energy Ltd., Japan, Larsen & Tubro Industries, India, Mitsubishi Heavy Industries Ltd., Japan
Nuclear energy is the energy that releases the atoms of a particular element from a rift. As of November 2020, nuclear power has about 440 reactors, providing about 10% of the world's electricity, and 50, more under construction in many parts of the world. The power plant operates in 31 countries around the world, with more countries relying partially on nuclear power via the regional power grid.ITER (International Thermonuclear Experimental Reactor) has begun to build the world's largest fusion energy utilization mechanical tokamak at a cost of $ 14 billion with the help of several countries. The project is expected to be completed by 2025.
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The nuclear Reactor Market is currently characterized by international commerce. Reactors currently under construction in Asia may contain components from South Korea, Japan, Canada, Germany, France, Russia and other countries. Similarly, uranium from Australia or Namibia can enter reactors in the UAE. It can be concentrated in the Netherlands, converted in France, converted back to the UK, and manufactured in Korea.
NUCLEAR REACTOR MARKET SEGMENTATION
Market segmentation for Global nuclear reactor market has been on the basis of following-
1. BY EQUIPMENT
• Island equipment (primary unit)
• Auxiliary equipment (secondary equipment)
2. BY REACTOR TYPE
• Pressurized Water Reactor (PWR)
• Pressurized Heavy Water Reactor (PHWR)
• Boiling Water Reactor (BWR)
• High-Temperature Gas Cooled Reactor (HGCR)
• Liquid-Metal Fast-Breeder Reactor (LFBR)
• Light Water Graphite Moderated Reactor (LWGR)
3. BY GEOGRAPHY
• ASIA-PACIFIC
• China has 48 operable nuclear reactors, with a combined net capacity of 46.5 GWe. In 2019, nuclear generated 5% of the country’s electricity. At the start of 2020, 11 of the 53 reactors under construction globally were in China.
• India has 22 operable nuclear reactors, with a combined net capacity of 6.3 GWe. In 2019, nuclear generated 3% of the country’s electricity. At the start of 2020 seven reactors were under construction in India, with a combined capacity of 5.3 GWe. The government in 2010 set an ambitious target to have 14.6 GWe nuclear capacity online by 2024.
• Japan has 33 operable nuclear reactors, with a combined net capacity of 31.7 GWe.
• AMERICA
• The USA has 94 operable nuclear reactors, with a combined net capacity of 96.6 GWe. In 2019, nuclear generated 20% of the country’s electricity. There had been four AP1000 reactors under construction, but two of these have been cancelled.
• Canada has 19 operable nuclear reactors, with a combined net capacity of 13.6 GWe. In 2019, nuclear generated 15% of the country’s electricity.
• EUROPE
• Finland has four operable nuclear reactors, with a combined net capacity of 2.8 GWe. In 2019, nuclear generated 35% of the country’s electricity. A fifth reactor – a 1720 MWe EPR – is under construction, and there are plans to build a Russian VVER-1200 unit at a new site (Hanhikivi).
• MIDDLE EAST
• Iran has a single operable nuclear reactor with a net capacity of 0.9 GWe. In 2019, nuclear generated 2% of the country’s electricity. A second Russian-designed VVER-1000 unit is under construction.
• The United Arab Emirates has one operable nuclear reactor with a capacity of 1.3 GWe. A further three units are under construction at the same plant (Barakah).
MAJOR PLAYERS
• Alstom Sa, France
• Dongfang Electric Corp. Ltd., China
• Hitachi-ge Nuclear Energy Ltd., Japan
• Larsen & Tubro Industries, India
• Mitsubishi Heavy Industries Ltd., Japan
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