Nuclear Decommissioning Market Outlook and Forecast 2022: Areva Group, Babcock International Group PLC., Studsvik AB, AECOM, Westinghouse Electric, EnergySolutions

Market Highlights
Nuclear decommissioning is the process in which the nuclear facility is destroyed to the extent where there is no requirement of radiation protection. The nuclear decommissioning removes the radioactive materials that are dangerous, hazardous to the environment and time intensive. Once the radioactive materials are cleaned up there should be no radiologic danger left in nuclear facility. The major drivers that are responsible for the growth of nuclear decommissioning market are growth in nuclear accidents that are hazardous to the environment and the rising political pressure for the closure of nuclear power plants. The growing initiative by the government for the safety of environment and people also lead to the growth of these market.

Europe has dominated the nuclear decommissioning market during the forecast period due to the increase in support from the government and concern from the public for the closure of nuclear power plant. North America is the second largest market of nuclear decommissioning because in his region there are various nuclear power plant that are old and required to be closed down. This increases the market of nuclear decommissioning in this region. In Asia-Pacific, countries such as Japan and South Korea have large number of nuclear power plants. The increase in the nuclear accidents in this region result in the growth of this market. Nuclear Decommissioning Market is expected to grow with the CAGR of approximately 12% from 2016 to 2022

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Prominent Players
Areva Group (France), Babcock International Group PLC. (U.K.), Studsvik AB (Sweden), AECOM (U.S.), and Westinghouse Electric (U.S.), EnergySolutions (U.S.), Nuvia Group (France), EDF-CIDEN (U.K.), Enercon Services, Inc. (Germany), GD Energy Services (Spain) are some of the prominent players profiled in MRFR Analysis and are at the forefront of competition in the Global Nuclear Decommissioning Market.

Industry/ Innovation/ Related News:
January 22, 2018 – The Omaha Public Power District (OPPD - US) and Exelon Generation LLC which were partnered for the Fort Calhoun Nuclear Station (FCS) in 2012; announced that the plant has come to an end and so has their nuclear plant management project at FCS.

January 08, 2018 – Canadian federal and provincial authorities announced the completion of the technical assessment of Canadian Nuclear Laboratories' (CNL's) draft environmental impact statement (EIS) for the proposed in-situ decommissioning of Whiteshell Reactor 1 (WR-1). CNL states that at the time the reactor was shut down, deferred decommissioning was the preferred strategy for management of the main reactor building. The reactor was therefore defueled and has been maintained in a state of "storage with surveillance".

Intended Audience:
• Nuclear decommissioning manufacturers
• Distributer & Supplier companies
• End Users
• consultants and Investment bankers
• Government as well as Independent Regulatory Authorities

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LIST OF TABLES
TABLE 1 GLOBAL NUCLEAR DECOMMISSIONING MARKET, BY REACTOR TYPE
TABLE 2 GLOBAL NUCLEAR DECOMMISSIONING MARKET, BY STRATEGY
TABLE 3 GLOBAL NUCLEAR DECOMMISSIONING MARKET, BY CAPACITY
TABLE 4 GLOBAL NUCLEAR DECOMMISSIONING MARKET, BY REGIONS
TABLE 5 NORTH AMERICA NUCLEAR DECOMMISSIONING MARKET, BY REACTOR TYPE
TABLE 6 NORTH AMERICA NUCLEAR DECOMMISSIONING MARKET, BY STRATEGY
TABLE 7 NORTH AMERICA NUCLEAR DECOMMISSIONING MARKET, BY CAPACITY
TABLE 8 U.S. NUCLEAR DECOMMISSIONING MARKET, BY REACTOR TYPE
TABLE 9 U.S. NUCLEAR DECOMMISSIONING MARKET, BY STRATEGY
TABLE 10 U.S. NUCLEAR DECOMMISSIONING MARKET, BY CAPACITY
Continue……………..

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