This growth can be attributed to nuclear accidents and rising political pressure for pre-closure of nuclear power plants. Factors such as nuclear accidents and rising political pressure for pre-closure of nuclear power plants are driving the market. Browse 65 market data Tables and 41 Figures spread through 134 Pages and in-depth TOC.
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The nuclear decommissioning services market is projected to reach USD 8.55 billion by 2021, nuclear decommissioning services market at a CAGR of 12.1% during the forecast period.
Up to 800 MW power rated segment accounted for the largest market share of the nuclear decommissioning services market: get sample [email protected] www.rnrmarketresearch.com/contacts…mple?rname=698268
Europe is estimated to be the largest market for nuclear decommissioning services, followed by Asia-Pacific and North America. Germany accounted for the largest share in the European nuclear decommissioning services market in 2015, and Russia is projected to grow at the highest CAGR from 2016 to 2021.
European countries are shifting their focus towards renewable power generation after the Fukushima Daichhii accident in 2011 in Japan and the Chernobyl nuclear disaster in Russia; countries such as Germany and Italy have committed to phase out their nuclear power plants by 2022.
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Accidents and growing political pressure for pre-closure of nuclear power plants are the major drivers of the nuclear decommissioning services market. However, many decommissioning projects have been delayed or deferred due to lack of necessary funds.
Moreover, key factors such as waste disposal & management, and decontamination can incur heavy costs, likely restraining the nuclear decommissioning services market.
In terms of market, by capacity, the up to 800 MW power rated segment held the largest share in 2015, in terms of nuclear power plants decommissioned. Europe occupied the largest market size, given early phase out of nuclear power plants in the region.
Majority of the nuclear power plants undergoing decommissioning in this range have adopted deferred dismantling strategy for the decommissioning process.
- Nuclear decommissioning contractors
- Nuclear decommissioning equipment manufacturers
- Government and research organizations
- Consulting companies in the energy sector
- Nuclear decommissioning associations
- Environmental associations
- Investment banks
“Nuclear decommissioning services Market” spread across 134 pages, profiling 13 companies and supported with 65 tables and 41 figures is Direct Order this Report @ www.rnrmarketresearch.com/contacts…hase?rname=698268
The major players in this market include 3D Biotek LLC (U.S.), Becton, Dickinson and Company (U.S.), Corning Incorporated (U.S.), Thermo Fisher Scientific (U.S.), Global Cell Solutions, Inc. (U.S.), Kuraray Co. Ltd. (Japan), Lonza Group (Switzerland), Merck & Co., Inc. (U.S.), Sigma Aldrich Corporation (U.S.), Reinnervate Ltd, (a subsidiary of Repro CELL) (U.K.), and others.
Key Point from Table of Content
Nuclear Decommissioning Services Market, By Reactor Type
Pressurized Water Reactor
Boiling Water Reactor
Nuclear Decommissioning Services Market, By Decommissioning Strategy
Nuclear Decommissioning Services Market, By Capacity
Up to 800 MW
801 MW–1,000 MW
Above 1,000 MW
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