Global Nuclear Power Plant Equipment Market Size, Share, Growth, Trends, and Forecast (2024 - 2031)
Global Nuclear Power Plant Equipment Market Scope: Historical Data (2021 – 2022), Base Year (2023), Forecast Period (2024 – 2031)
Market Segmentation: By Product Type (Pressurized Water Reactor, Pressurized Heavy Water Reactor, Boiling Water Reactor, High-temperature Gas Cooled Reactor, Liquid Metal Fast Breeder Reactor, and Other Reactors), Carrier Type (Island Equipment, and Auxiliary Equipment), and Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa)
Market Overview
The Global Nuclear Power Plant Equipment Market was valued at USD 16,681.5 million in 2023 and is expected to reach USD 21,966.4 million by 2031 while growing at a CAGR of 3.5% during the forecast period (2024-2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Market Dynamics
This section of the report will analyze various driving and restraining factors that are expected to have a significant impact on the global nuclear power plant equipment market growth. Nuclear power plant equipment includes components, systems, and machinery for generating electricity through nuclear fission, tapping into the energy released as heavy atoms like uranium or plutonium split into smaller fragments.
Increasing demand for electricity, propelled by population growth, urbanization, and industrialization, drives the growth of the nuclear power plant equipment market. Despite advancements in nuclear technologies, obstacles like high initial capital costs and long construction timelines may impede market expansion.
Furthermore, the global nuclear power plant equipment industry will be analyzed through various tools including PESTLE analysis, and Porter’s analysis.
Segmentation – By Product Type Analysis
The Global Nuclear Power Plant Equipment Market is segmented among Pressurized Water Reactor, Pressurized Heavy Water Reactor, Boiling Water Reactor, High-temperature Gas Cooled Reactor, Liquid Metal Fast Breeder Reactor, and Other Reactors, based on Product Type. In 2023, Pressurized Water Reactor accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Segmentation – By Carrier Type Analysis
The Global Nuclear Power Plant Equipment Market is segmented among Island Equipment, and Auxiliary Equipment, based on Carrier Type. In 2023, Auxiliary Equipment accounted for the majority of the market share*.
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Global Nuclear Power Plant Equipment Market: Regional Analysis
Based on region, the market is divided into six regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. In 2023, Asia Pacific dominated the market with the highest market share, while North America is expected to grow with the highest CAGR during the forecast period (2024 – 2031).
*Note: Graph is shown for illustrative purposes only; complete datasets will be provided in the full report
Competitive Landscape
Some of the key players operating in the market are JSC AEM-technology, Areva SA, Babcock & Wilcox Company, Doosan Corporation, Dongfang Electric Corp. Limited, GE-Hitachi Nuclear Energy, JSC ATOMSTROYEXPORT, Korea Electric Power Corporation (KEPCO), Larsen & Toubro Ltd, and Mitsubishi Heavy Industries Ltd.
Table of Contents:
1. Research Methodology and Market Scope
Research Methodology
Market Scope
2. Executive Summary
3. Global Nuclear Power Plant Equipment Market Dynamics
Drivers
Restraints
Opportunity
4. Global Nuclear Power Plant Equipment Industry Analysis
PEST Analysis
Porter's Five Force Analysis
Recent Deals Analysis
5. Global Nuclear Power Plant Equipment Market Segmentation, By Product Type
Global Nuclear Power Plant Equipment Market Share Analysis, By Product Type
Global Nuclear Power Plant Equipment Market Growth Analysis, By Product Type
Global Nuclear Power Plant Equipment Market Trends, By Product Type
o Pressurized Water Reactor
o Pressurized Heavy Water Reactor
o Boiling Water Reactor
o High-temperature Gas Cooled Reactor
o Liquid Metal Fast Breeder Reactor
o Other Reactors
6. Global Nuclear Power Plant Equipment Market Segmentation, By Carrier Type
Global Nuclear Power Plant Equipment Market Share Analysis, By Carrier Type
Global Nuclear Power Plant Equipment Market Growth Analysis, By Carrier Type
Global Nuclear Power Plant Equipment Market Trends, By Carrier Type
o Island Equipment
o Auxiliary Equipment
7. Global Nuclear Power Plant Equipment Market Segmentation, By Region
Global Nuclear Power Plant Equipment Market Share Analysis, By Region
Global Nuclear Power Plant Equipment Market Growth Analysis, By Region
Global Nuclear Power Plant Equipment Market Trends, By Region
o North America
o Europe
o Asia Pacific
o Latin America
o Middle East
o Africa
8. Competitive Landscape
JSC AEM-technology*
o Company Overview
o Financial Performance
o Key Development/Strategies
o SWOT Analysis
Areva SA
Babcock & Wilcox Company
Doosan Corporation
Dongfang Electric Corp. Limited
GE-Hitachi Nuclear Energy
JSC ATOMSTROYEXPORT
Korea Electric Power Corporation (KEPCO)
Larsen & Toubro Ltd
Mitsubishi Heavy Industries Ltd
*Similar analysis will be provided for each company listed above.
