Nuclear Power Plant Equipment Market Is Booming Worldwide Size, Development Growth Strategies, Product Scope and Forecast by 2028
Posted on Jun 17 2022 4:29 AM
"Companies Profiled in the Nuclear Power Plant Equipment Market: General Electric (U.S.), Alstom (France), Shanghai Electric (China), Toshiba Corporation (Japan), Korea Electric Power Corporation (South Korea), Larsen & Toubro Limited (India), Mitsubishi Heavy Industries Ltd. (Japan), Doosan Corporation (South Korea), Dongfang Electric Corp., Ltd. (China), The State Atomic Energy Corporation (India), BWX Technologies, Inc. (U.S.), AREVA (France) "
The global nuclear power plant equipment market size was USD 31.72 billion in 2020. The market is projected to grow from USD 32.44 billion in 2021 to USD 38.82 billion in 2028, growing at a CAGR of 2.6% in the 2021-2028 period.
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Key Industry Development:
October 2021: Westing Electric Company and Exelon Generation signed an Instrumentation and Control (I&C) modernization contract for its BWR units at its Limerick-based Generating Station. The upgrades will fortify system reliability, optimize surveillance, and improve the plant’s operation ability.
Nuclear Power Plant Equipment Market Report Scope:
| REPORT ATTRIBUTE | DETAILS |
|---|---|
| Market size available for years | 2021-2028 |
| CAGR Value | 2.6% |
| Base year considered | 2020 |
| Historical data | 2017-2019 |
| Forecast Period | 2021-2028 |
| Quantitative units | Revenue in USD million and CAGR from 2021-20281 |
| Segments Covered | Types, Applications, End-Users, and more. |
| Report Coverage | Revenue Forecast, Company Ranking, Competitive Landscape, Growth Factors, and Trends |
| Customization scope | Report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail of customized purchase options to meet your exact research needs. Explore purchase options |
Industry Globalization Drivers:
Soaring Energy Demand to Boost Market Growth
Nuclear power plants emit lesser greenhouse gasses and high amount of energy than thermal power plants. The escalating energy demand and clean electricity production are expected to be the key factors driving the market growth. The increasing government efforts to reduce greenhouse gas emissions are boosting technological advancements in nuclear power reactors. This is likely to bolster the global nuclear power equipment market growth. Moreover, the growing industrialization across developing and developed nations are anticipated to boost market growth.
Impact of COVID-19 on Nuclear Power Plant Equipment Market:
This research covers COVID-19 impacts on the upstream, midstream and downstream industries. Moreover, this research provides an in-depth market evaluation by highlighting information on various aspects covering market dynamics like drivers, barriers, opportunities, threats, and industry news & trends.
Stepping into a Post-COVID Economy: How Energy and Power Industry Will Play an Essential Role in its Recovery. Request Sample PDF
The study provides analysis on market participants including:
- General Electric (U.S.)
- Alstom (France)
- Shanghai Electric (China)
- Toshiba Corporation (Japan)
- Korea Electric Power Corporation (South Korea
- Larsen & Toubro Limited (India)
- Mitsubishi Heavy Industries Ltd. (Japan)
- Doosan Corporation (South Korea)
- Dongfang Electric Corp., Ltd. (China)
- The State Atomic Energy Corporation (India)
- BWX Technologies, Inc. (U.S.)
- AREVA (France)
Highlights of the Report:
Market Penetration: Comprehensive information on the product portfolios of the top players in the Nuclear Power Plant Equipment Market.
Product Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the market
Market Development: Comprehensive information about emerging markets. This report analyzes the market for various segments across geographies
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Nuclear Power Plant Equipment Market.
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Reasons to Purchase this Report:
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
Detailed TOC of Global Nuclear Power Plant Equipment Market Report 2022
- 1 Report Overview
- Research Scope
- Market Segment by Type
- Global Nuclear Power Plant Equipment Market Size Growth Rate by Type
- Market Segment by Application
- Global Nuclear Power Plant Equipment Market Share by Application
- 3.9 Others
- Study Objectives
- Years Considered
- Market Perspective
- Global Nuclear Power Plant Equipment Market Size (2022-2028)
- Global Nuclear Power Plant Equipment Market Revenue (2022-2028)
- Global Nuclear Power Plant Equipment Market Sales (2022-2028)
- Global Nuclear Power Plant Equipment Market Size across Key Geographies Worldwide:
- Global Nuclear Power Plant Equipment Market Sales by Regions (2022-2028)
- Global Nuclear Power Plant Equipment Market Revenue by Regions (2022-2028)
- Global Nuclear Power Plant Equipment Market Size Forecast by Region
- Global Nuclear Power Plant Equipment Market Sales Forecast by Region (2022-2028)
- Global Nuclear Power Plant Equipment Market Revenue Forecast by Region (2022-2028)
- Global Top Nuclear Power Plant Equipment Market Regions (Countries) Ranking by Market Size
- Nuclear Power Plant Equipment Market Industry Trends
- Nuclear Power Plant Equipment Market Trends
- Nuclear Power Plant Equipment Market Drivers
- Nuclear Power Plant Equipment Market Challenges
- Nuclear Power Plant Equipment Market Restraints
- Competitive Landscape by Manufacturers
- Global Nuclear Power Plant Equipment Market Size by Type
- Global Nuclear Power Plant Equipment Market Size by Application
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Company Profiles
- Value Chain and Sales Channels Analysis
- Research Findings and Conclusion
- Appendix
- Global Nuclear Power Plant Equipment Market Size (2022-2028)
Continued….
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