Press release
Nuclear Power Plant and Equipment Market Industry Trends, Share, Size, Growth, Opportunity, and Forecasts 2022-2027
Dec , 2021 (Market intelligence data) —The “Nuclear Power Plant and Equipment” market report provides a detailed analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, impact of domestic and global Nuclear Power Plant and Equipment market players, value chain optimization, trade regulations, recent developments, opportunities analysis, strategic market growth analysis, product launches, area marketplace expanding, and technological innovations. This report also compares the Nuclear Power Plant and Equipment markets of Pre COVID-19 and Post COVID-19. In addition, research considers the impact of COVID-19 on the regional economy.The nuclear power plant equipment market is expected to register a CAGR of more than 6.9 % during the forecast period of 2022 – 2027, reaching a market size of USD 13 billion in 2027, up from USD 8 billion in 2019.
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Some of the key players profiled in the study are
ROSATOM (ROSATOM State Atomic Energy Corporation), Orano, Dongfang Electric Corp. Ltd., Korea Hydro & Nuclear Energy, BWX Technologies, Inc., Shanghai Electric Group Co., Ltd., Hitachi, Ltd., Korea Electric Power Corporation, Babcock and Wilcox, Larsen & Toubro Limited, Doosan Corporation, Mitsubishi Heavy Industries, Ltd., Toshiba, General Electric
Recent Developments
In May 2020, Russia’s Atommash shipped the first components for the Turkish Akkuyu nuclear power plant, which was being built by the state nuclear corporation Rosatom. Rosatom said it stepped up the training of staff for the Akkuyu project, and it is carrying out the exercise in conjunction with a nuclear utility, Rosenergoatom.
On June 29, 2020, France's oldest nuclear power plant at Fessenheim was shut down with the closure of the 880MWe pressurized water reactor at unit 2. Fessenheim 1 was shut down in February. The two reactors at Fessenheim began operation in 1977 and 1978, and they were already three years beyond their projected 40-year life span.
On June 30, 2020, Hungary’s Paks II Ltd submitted a construction license application for new nuclear units at the Paks nuclear plant to the Hungarian Atomic Energy Authority (HAEA). The regulatory procedure started on July 1. HAEA has 12 months to reach a decision, although this can be extended by additional three months if needed.
Most important types of Nuclear Power Plant and Equipment covered in this report are:
Island Equipment
Auxiliary Equipment
Most widely used downstream fields of Nuclear Power Plant and Equipment market covered in this report are:
Military
Public Utilities
Others
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Asia-Pacific to Dominate the Market
The Asia-Pacific region has dominated the nuclear power plant equipment market in 2019 and is expected to continue its dominance during the forecasted period as well. It is one of the major regions in the world where electricity generating capacity and specifically nuclear power are growing significantly. As of September 2020, in Asia, there are about 135 operable nuclear power reactors, out of which 35 are under construction, and the major counties in the region are planning to build an additional 60-70 reactors in the coming years.
The Chinese government is planning to achieve 58 GW of nuclear capacity by 2020-21 and 150 GW by 2030 and has planned a drive-build program for nuclear power, and the strong project pipeline strengthens the outlook for the nuclear power plant equipment market.
Region Included are:
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, etc.)
Middle East & Africa (Saudi Arabia, Egypt, Nigeria, and South Africa)
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Key Points of The Nuclear Power Plant and Equipment Market Report:
Define, describe and forecast the Nuclear Power Plant and Equipment product market by type, application, end user and region.
Provide business external environment analysis and pest analysis.
Provide strategies for the company to address the impact of COVID-19.
Provide dynamic market analysis, including market drivers, market development constraints.
Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, customer analysis, distribution model, messaging and product positioning, and price strategy analysis.
Keep up with international market trends and provide analysis of the impact of the COVID-19 outbreak on major regions of the world.
Analyze investor market opportunities and provide market leaders with insights into the competitive landscape.
The content of the study subjects, includes 14 chapters:
Chapter 1, to define Nuclear Power Plant and Equipment product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers with price, sales, revenue and global market share of Nuclear Power Plant and Equipment from 2019 to 2021.
Chapter 3, the market situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Nuclear Power Plant and Equipment breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2022 to 2027.
Chapter 5 and 6, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2022 to 2027.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2016 to 2021.and Nuclear Power Plant and Equipment market forecast, by regions, type and application, with sales and revenue, from 2022 to 2027.
Chapter 12, 13 and 14, to describe Nuclear Power Plant and Equipment sales channel, distributors, customers, research findings and conclusion, appendix and data source.
… To be continued
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