Nuclear Reactor Decommissioning Market Surges as Global Focus Shifts to Safe, Sustainable Energy Transition 2025 | Top key players - AECOM orano, Studsvik, Babcock International Group.

The Global Nuclear Reactor Decommissioning Market reached US$ 76.5 billion in 2022 and is expected to reach US$ 94.3 billion by 2031, growing with a CAGR of 2.7% during the forecast period 2024-2031. | According to DataM Intelligence

The Nuclear Reactor Decommissioning Market, as examined by DataM Intelligence, provides a thorough industry overview enriched with detailed insights, historical data, and essential statistics. The report extensively explores market dynamics and competitive landscapes, featuring profiles of leading companies, their product offerings, pricing strategies, financials, growth plans, and geographic footprint.

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The Nuclear Reactor Decommissioning Market encompasses the processes, technologies, and services involved in safely closing, dismantling, and managing the waste of nuclear power plants that have reached the end of their operational life. This market includes planning, decontamination, demolition, waste handling, and site restoration, driven by strict regulatory standards, public safety concerns, and a growing number of aging reactors worldwide.

Prominent Industry players in the Nuclear Reactor Decommissioning Market

The prominent players in Nuclear Reactor Decommissioning market research report are: SNC-Lavalin Group, Westinghouse Electric Company, AECOM orano, Studsvik, Babcock International Group, Bechtel Corporation, EnergySolutions, Magnox Ltd and NorthStar Group Services.

The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.

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Industry News:

✅ January 11, 2023 - Westinghouse Electric Company signed an agreement with Ignalinos Atominé Elektriné (IAE) to lead the decommissioning of two RBMK-1500 reactors at Lithuania's Ignalina Nuclear Power Plant (Visaginas Municipality). This marks the world's first-ever decommissioning of an RBMK reactor, representing a major milestone in nuclear decommissioning.

✅ March 2023 - Orano Decommissioning Services (Orano DS) presented its Optimised Segmentation process at the Crystal River Nuclear Power Plant unit 3 (CR3) in the U.S. The method streamlines dismantling by using underwater segmentation, separating waste into categories such as Greater-than-Class C (GTCC) waste and highly contaminated internals, which helps minimize disposal volume and reduce segmentation work.

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Market Segments

By Technology: Safe Storage (SAFSTOR), Decontamination (DECON), Other.

By Reactor Size: Large Reactors, Small Reactors.

By Type: Immediate Dismantling, Safe Enclosure, Entombment.

By Reactor Type: Pressurized Water Reactor, Gas-Cooled Reactor, Fast Neutron Reactor, Boiling Water Reactor, Others.

By Phase: Pre-Decommissioning, Decontamination & Dismantling (D&D), Waste Management, Site Restoration, Defueling & Storage, Other.

The Nuclear Reactor Decommissioning industry is undergoing swift expansion, fueled by breakthroughs in medical technology, growing demand for cutting-edge therapies, and an increasing emphasis on patient-centric care. As the sector advances, in-depth market analysis is essential to track evolving trends, regulatory developments, and new opportunities.

Regions Covered:

The global Nuclear Reactor Decommissioning Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.

☞ North America - US, Canada, Mexico

☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe

☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific

☞ South America- Brazil, Argentina, Colombia, Rest of South America

☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel

FAQs:

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