Industry Outlook
The Global Nuclear Reactor Market is anticipated to develop at considerable CAGR over the forecast period. A Nuclear Reactor Market is used for producing electricity in nuclear power plants. The energy generated from the constant atomic fission in a nuclear reactor is used as heat and is employed to generate steam further. The steam is used to propel the turbines that produce electricity. Power generated through nuclear reactors reports for a moderate share of the overall electricity generated across the world. In nuclear plants, there is no any sort combustion of material occurs and no injurious gas is generated like carbon monoxide or carbon dioxide, which contaminates the environment. At present, across 48 countries, there are 437 nuclear reactors exist and around 64 nuclear reactors under construction. Most of the new plants are being established for EMEA and APAC. Since 2014, in APAC around 39 reactors are under construction. And approximately, 322 nuclear reactors have been planned for construction in the coming years. Governmental initiatives over various respective countries are assisting in the expansion of these new nuclear reactors.
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Market Segmentation
The Nuclear Reactor Market is based on different segments namely By Product types the market is segmented into pressurized heavy water reactor PHWR , boiling water reactor BWR , light water graphite reactor RBMK and EGP , pressurized water reactor PWR , fast neutron reactor FBR and gas-cooled reactor AGR and Magnox ; By Application the market is segmented into aircraft carrier and submarine movement and electricity generation.
Nuclear Reactor Market By Product Types
Pressurized heavy water reactor PHWR ,
Boiling water reactor BWR
Light water graphite reactor RBMK and EGP
Pressurized water reactor PWR
Fast neutron reactor FBR
Gas-cooled reactor AGR and Magnox
Nuclear Reactor Market By Application
Aircraft Carrier and Submarine Movement
Electricity Generation
Regional Insights
On a global front, the Nuclear Reactor Market covers North America United States, Canada and Mexico , Europe Germany, UK, France, Russia, Italy, Rest of Europe , Asia-Pacific China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific , South America Brazil, Argentina, Columbia, South Africa, Rest of South America and Middle East and Africa Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA . Presently, Asia-Pacific region is the top market for nuclear energy with the leading number of nuclear plants worldwide. This regional market is rising at a quite high expansion rate and will preserve its market position till 2019. The North American market holds the subsequent position in the global market
Nuclear Reactor Market, By Region
North America
U.S.
Canada
Mexico
Europe
Germany
UK
France
Russia
Italy
Rest of Europe
Asia-Pacific
China
Japan
South Korea
India
Southeast Asia
Rest of Asia-Pacific
South America
Brazil
Argentina
Columbia
Rest of South America
Middle East and Africa
Saudi Arabia
UAE
Egypt
Nigeria
South Africa
Rest of MEA
Competitive Analysis
The leading players in the market are Westinghouse Electric Company LLC, Southern Company, TerraPower LLC, Florida Power and Light Company and Framatome Previously known as Areva NP . The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and share of the overall industry.
Westinghouse Electric Company LLC
Southern Company
TerraPower LLC
Florida Power and Light Company
Framatome Previously known as Areva NP
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?
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