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Nuclear Power Plant and Equipment Market Size Will Hit Big Revenues In Future | Larsen & Toubro Limited., BWX Technologies, Inc., Dongfang Electric Corp

03-02-2023 02:15 PM CET | Energy & Environment

Press release from: Report Ocean

Nuclear Power Plant and Equipment Market Size Will Hit Big

The plant also consists of machines that expel heat from the reactor to operate a steam turbine and generator to produce electricity. Electricity generated by nuclear power plants is called nuclear power. The nuclear power plant and equipment market accounted for revenue of $36,484 million in 2017 and is anticipated to generate $49,038 million in 2025, growing at a CAGR of 3.7% from 2018 to 2025.

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The growth of the nuclear power plant and equipment market is driven by increase in demand from developing countries, such as China, where it is used on a large scale owing to its clean form of energy. Furthermore, the Middle Eastern countries focus on the development of nuclear energy infrastructure, which is expected to offer significant business opportunities and is anticipated to boost the nuclear power plant and equipment market. However, high cost associated with the nuclear power plant equipment hampers the growth of the market to a certain extent. Strict environmental norms or regulations regarding greenhouse gas emissions create numerous growth opportunities for the market.

The global nuclear power plant and equipment market is segmented based on reactor type, equipment type, and region. Based on reactor type, it is categorized into high temperature gas-cooled reactor (HTGR), pressurized water reactor (PWR), boiling water reactor (BWR), pressurized heavy water reactor (PHWR), fast breeder reactor (FBR), and others. By equipment type, the market is bifurcated into island equipment and auxiliary equipment. Based on region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The key players analyzed in this report are Shanghai Electric Group Co., Ltd., Mitsubishi Heavy Industries, Ltd., Larsen & Toubro Limited., BWX Technologies, Inc., Dongfang Electric Corp. Ltd., ROSATOM (ROSATOM State Atomic Energy Corporation), Toshiba, Doosan Corporation, Korea Electric Power Corporation, and General Electric.
The other players in the value chain (not included in the report) include Hitachi, Ltd., Babcock and Wilcox, Orano, and Korea Hydro & Nuclear Energy.

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Key Benefits for Nuclear Power Plant and Equipment Market :

This report entails a detailed quantitative analysis of the current market trends from 2017 to 2025 to identify the prevailing opportunities along with a strategic assessment of the global nuclear power plant and equipment market.

Market size and estimations are based on a comprehensive analysis of the reactor type, equipment type, and developments in the industry.

A qualitative analysis based on innovative products and devices facilitate strategic business planning.

The development strategies adopted by the key market players are enlisted to understand the competitive scenario of the market.

Nuclear Power Plant and Equipment Market Key Market Segments :

By Reactor Type

High Temperature Gas-Cooled Reactor (HTGR)

Pressurized Water Reactor (PWR)

Boiling Water Reactor (BWR)

Pressurized Heavy Water Reactor (PHWR)

Fast Breeder Reactor (FBR)

Others

By Equipment Type

Island Equipment

Auxiliary Equipment

Request To Download Sample of This Strategic Report:-https://reportocean.com/industry-verticals/sample-request?report_id=30942

By Region

North America

U.S.

Canada

Mexico

Europe

France

Slovak Republic

Ukraine

ussia

UK

Rest of Europe

Asia-Pacific

Japan

China

Taiwan

India

South Korea

Pakistan

Rest of Asia-Pacific

LAMEA

Brazil

UAE

Argentina

Rest of LAMEA

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About Report Ocean:

We are the best market research reports provider in the industry. Report Ocean believes in providing quality reports to clients to meet the top line and bottom line goals which will boost your market share in today's competitive environment. Report Ocean is a 'one-stop solution' for individuals, organizations, and industries that are looking for innovative market research reports.

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