Global Nuclear Decommissioning Market Professional Survey Report 2016-2020
Research Beam research analyst predicts the global nuclear decommissioning market to grow at a CAGR over 2% during the forecast period. Fatal accidents such as the Chernobyl and Fukushima incidents have propelled the growth of this market. This has resulted in an increase in the decommissioning of nuclear plants across the globe. For instance, during 2011, Germany decided to phase out all its operating nuclear plants from its power mix by the end of 2022, which in turn augments the market growth.
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The difficulty in disposal of radioactive nuclear waste is another factor driving this market’s growth. For instance, nearly 27 tons of nuclear waste is generated from a 1,000-MW nuclear reactor every year. This radioactive waste generates a large amount of heat and takes a long period to decay. Improper disposal of these waste products could result in serious environmental contamination. With the increase in such complexities, the demand for nuclear decommissioning is expected to grow in the coming years. Germany, the US, the UK, and Slovenia are members of the inEA (Nuclear Energy Agency), which is an agency focusing on advanced technology for safe decommissioning.
End-user segmentation and analysis of the inuclear decommissioning market
• Pressurized water reactor (PWR)
• Pressurized heavy water reactor (PWHR)
• Boiling water reactor (BWR)
The PWR segment dominated the inuclear decommissioning market during 2015and this reactor type is the highest in number globally. The phase-out of nuclear power generation has resulted in an increased number of shutdowns. As of 2015, seven PWR nuclear reactors have gone offline with an installed capacity of 8,469 MW. With decreased government support and public opposition, the demand for nuclear decommissioning is expected to increase.
Geographical segmentation and analysis of the inuclear decommissioning market
• Americas
• APAC
• EMEA
Table Of Contents:
PART 01: Executive summary
• Highlights
PART 02: Scope of the report
• Market overview
• Key assumptions
• Top-vendor offerings
PART 03: Market research methodology
• Research methodology
• Economic indicators
PART 04: Introduction
• Key market highlights
• Technology overview
PART 05: Market landscape
• Market overview
• Market size and forecast
• Five forces analysis
PART 06: Market segmentation by type
• Nuclear decommissioning market by type 2015
• Nuclear decommissioning market by type 2020
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