Global Nuclear Decommissioning Services Market (2023 To 2032) - Industry Trends, Share, Size, Growth, Opportunity And Forecast

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The Business Research Company's Nuclear Decommissioning Services Global Market Report 2023 identifies Increased adoption of renewable sources of energy as the major driver for the Nuclear Decommissioning Services market's growth in the forecast period. Renewable energy comes from natural sources that replenish themselves more quickly than they are used up. Multiple factors such as the depletion of natural resources, rising fuel prices, rising pollution, and carbon levels are some of the root causes for the increased adoption of renewable energy sources. Nuclear energy is a non-renewable source of energy, and nuclear decommissioning services safely decommission these nuclear power plants and make them available for other uses.

The global nuclear decommissioning services market size is expected to grow from $6.38 billion in 2022 to $6.82 billion in 2023 at a compound annual growth rate (CAGR) of 7%. 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, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The nuclear decommissioning services market size is expected to reach $8.79 billion in 2027 at a CAGR of 6.6%.

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Major competitors in the Nuclear Decommissioning Services market are AECOM, Babcock International Group Plc, Westinghouse Electric Company LLC, Studsvik AB, NUVIA Group, Onet Technologies SAS, Sogin S.p.A., GE Hitachi Nuclear Services, Bechtel Group Inc., KDC Contractors Limited, Energysolutions, Ansaldo Nes, GD Energy Services-Nuclear, Orana Group

A key trend in the Nuclear Decommissioning Services market includes Technological advancement. Major players are increasingly adopting digitalization, robots, and machine learning technologies to handle nuclear decommissioning services. It includes robust visual imagining systems and robotic arms to reach spaces that humans cannot reach.

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The Nuclear Decommissioning Services market is segmented -
1) By Type: Pressurized Water Reactor (PWR), Boiling Water Reactor (BWR), Gas Cooled Reactor (GCR), Other Types
2) By Capacity: Up to 800 MW, 800 MW-1000 MW, Above 1000 MW
3) By Application: Immediate Dismantling, Deferred Dismantling, or Entombment

• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Europe was the largest region in the Nuclear Decommissioning Services market.

The Business Research Company's "Global Nuclear Decommissioning Services Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.

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The Table Of Content For The Nuclear Decommissioning Services Market Include:
1. Executive Summary
2. Nuclear Decommissioning Services Market Characteristics
3. Nuclear Decommissioning Services Market Trends And Strategies
4. Nuclear Decommissioning Services Market - Macro Economic Scenario
5. Nuclear Decommissioning Services Market Size And Growth
……
27. Nuclear Decommissioning Services Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Nuclear Decommissioning Services Market
29. Nuclear Decommissioning Services Market Future Outlook and Potential Analysis
30. Appendix

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