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Nuclear Electricity Market Exploring Future Growth 2022-2031 And Key Players: EDF Group, Exelon Corp, Duke Energy Corp, Enel SpA and NextEra Energy, Inc
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The global nuclear electricity market report by the business research company identifies growing demand for electricity to be a major growth driver for the nuclear electricity market. This can be attributed to growing economies and rising populations, especially in developing countries such as China, India, Brazil, and some African countries. According to the International Energy Agency (2019), global electricity demand rises at 2.1% per year to 2040, twice the rate of primary energy demand. This raises electricity's share in total final power consumption from 19% in 2018 to 24% in 2040. Both China and India will account for a major portion of this growth. According to government data, India's energy consumption increased 13.38 percent to 110.94 billion units (BU) in October 2020, mainly driven by buoyancy in industrial and commercial activities. Furthermore, the global household appliances market is expected to grow to $396 billion by 2022, supporting the demand for electricity and driving the nuclear electricity market going forward.
The global nuclear electricity market grew from $166.13 billion in 2021 to $179.57 billion in 2022 at a compound annual growth rate (CAGR) of 8.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, surge in commodity prices, and supply chain disruptions, effecting many markets across the globe. The nuclear electricity market is expected to grow to $220.29 billion in 2026 at a compound annual growth rate (CAGR) of 5.2%.
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North America was the largest region in the organic food market in 2021. Western Europe was the second largest region in the global organic food market. The regions covered in the global organic food market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Major players in the nuclear electricity market are EDF Group, Exelon Corp, Duke Energy Corp, Enel SpA and NextEra Energy, Inc.
The global organic food market is segmented -
1) 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)
2) By End-User: Residential, Commercial, Industrial
3) By Technology: Generation I, Generation II, Generation III, And Generation IV
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The Nuclear Electricity Market Report Contents Include
1. Executive Summary
2. Nuclear Electricity Market Characteristics
3. Nuclear Electricity Market Trends And Strategies
4. Nuclear Electricity Market - Macro Economic Scenario
5. Nuclear Electricity Market Size And Growth
....
28. Key Mergers And Acquisitions In The Nuclear Electricity Market
29. Nuclear Electricity Market Future Outlook and Potential Analysis
30. Appendix
This report covers the trends and market dynamics of the nuclear electricity 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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