Global Nuclear Power Plant Market: Emerging Trends, Major Key Players Babcock & Wilcox Company and JSC AEM-technology

According to the report, The global Nuclear Power Plant market size of 2020 is $39.03 Billion and is expected to reach $55.82 Billion by 2028 growing at the CAGR of 4.48% from 2021 to 2028. The main drivers for the growth in the nuclear power plant market are the demand to produce less carbon emissions, which is likely to be perceived by consumers as a characteristic that not only benefits their health but also the environment, and ultimately leads to a limited supply of nuclear energy. There are other factors such as the decline in cost of production, making this product more cost-efficient than some other energy sources. Lowering costs will cause an increase in demand for nuclear energy over seven years.

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The latest research report published by Evolve Business Intelligence examines the impacts of numerous market aspects on the global NUCLEAR POWER PLANT industry including a look at the current market size and forecasts for key segments and regions, the driving forces behind the market, the probable effects from key trends, how all these will affect the business plan, SWOT analysis of critical sectors for each of the key competitors, customers and more! Providing valuable data about conglomerations that are most likely going to have an impact on this industry is essential to any company who plans to properly invest for next 5 years. These findings supplement our initial quantitative study in order to facilitate any new investments or planning traits against threats in existing sectors through a strategic business plan.

Impact of COVID-19

The on-going COVID-19 pandemic has had a significant impact on the industry. Several financial impacts and disruptions have been felt over a long period of time. Our research has interviewed numerous delegates from this industry, across geographical markets to collect information that is helpful for addressing potential challenges the COVID-19 pandemic may cause going forward.
In terms of COVID 19 impact, the Nuclear Power Plant market report also includes the following data points:
• Impact of COVID-19
• Government Aids and Policies for Industry Revival
• Companies Recent Developments to Tackle Negative Impact
• Opportunity Window & Post COVID Trend

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Key Players
Some of the major Nuclear Power Plant players holding highest market share include Babcock & Wilcox Company , JSC AEM-technology, Alstom and Larsen & Toubro Ltd . These players use new product development as a key strategy to gain significant market share to compete with market leaders.

The key players profiled in the report are:
• Babcock & Wilcox Company
• JSC AEM-technology
• Alstom
• Larsen & Toubro Ltd
• AREVA SA
• Hitachi-GE Nuclear Energy Ltd.
• ATOMSTROYEXPORT
• Doosan Corporation
• Dongfang Electric Corporation Ltd
• Mitsubishi Heavy Industries Ltd

Segmental Analysis

Market Segment By Reactor Type with focus on market share, consumption trend, and growth rate of NUCLEAR POWER PLANT Market:
o High-Temperature Gas-Cooled Reactor
o Pressurized Water Reactor
o Boiling Water Reactor
o Pressurized Heavy Water Reactor
o Fast Breeder Reactor
o Others

Market Segment By Equipment Type with focus on market share, consumption trend, and growth rate of NUCLEAR POWER PLANT Market:
o Island Equipment
o Auxiliary Equipment

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Global Nuclear Power Plant Geographic Coverage:
• North America
o US
o Canada

• Europe
o UK
o Germany
o France
o Italy
o Spain
o Rest of Europe

• Asia Pacific
o China
o Japan
o India
o South Korea
o Indonesia
o Malaysia
o Rest of Asia Pacific

• Latin America
o Mexico
o Brazil
o Argentina
o Rest of Latin America

• Middle East & Africa
o Saudi Arabia
o UAE
o Egypt
o South Africa
o Rest of MEA

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