Market Overview:
The global nuclear condensate pump market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for energy and power across the globe. Additionally, rising construction activities are also propelling the growth of this market. Based on type, electric motors segment is expected to hold a dominant position in the global nuclear condensate pump market during the forecast period from 2018 to 2030. This can be attributed to their high efficiency and reliability as compared with other types of pumps available in this market.
Product Definition:
A nuclear condensate pump is a type of pump used to move radioactive material. The importance of a nuclear condensate pump is that it helps keep the radioactive material from building up and becoming dangerous.
Electric Motors:
Electric motors are used in nuclear condensate pumps for the purpose of moving liquid around. Nuclear condensate is a by-product of nuclear power plants and has to be removed from the plant before it can be reused. The liquid waste which contains radioactive elements such as uranium, thorium, potassium and zirconium has to be stored safely until a solution can be found for its better disposal. Electric motors are used in these pumps because they operate at low speeds i.e.
Impeller:
Impeller is a device used in the process of condensation or compression of a gas to liquid. It consists of an impelling force, which is applied to the liquid and causes it to move forward. The main function of an impeller is to provide momentum for liquids in chemical plants and keep them moving during their transit through pipelines.
Application Insights:
The construction industry accounted for the largest market share in 2017 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to increasing demand for pumps across various sectors, such as oil & gas, power generation, municipal wastewater treatment plants and others.
The energy and power industry is estimated to witness significant growth over the forecast period owing to rapid industrialization in developing countries coupled with growing concerns regarding greenhouse gas emissions from fossil-fueled power plants. Nuclear condensates are used as heat transfer fluids in reactors of nuclear Power Generation Equipment (PGE) that generate electricity through fission or fusion reactions using uranium or plutonium fuel rods respectively. Increasing concerns regarding greenhouse gas emissions from conventional fossil-fueled PGEs have led towards development of low-carbon alternatives such as small modular reactors (SMRs).
Regional Analysis:
The market in Asia Pacific is expected to grow at a significant rate over the forecast period. The growth can be attributed to increasing demand from nuclear power plants and other large-scale energy projects in China, India, South Korea, and Japan. In addition, rising government initiatives for the development of nuclear power plants are likely to propel market growth over the coming years.
China’s rapid economic development has been accompanied by an increase in construction activities across various sectors including transportation facilities; water supply & sanitation; electricity generation & distribution; healthcare facilities; telecommunication infrastructure such as roads and railways also known as key hard assets.; etc., which is further anticipated to drive product demand during the forecast period.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Stringent environmental regulations for power plants that use traditional fuels such as coal
- Rising prices of oil and gas, which makes nuclear-generated electricity more competitive
- Proliferation of nuclear power plants, as countries seek to reduce their dependence on fossil fuels
- Technological advances that make nuclear condensate pumps more efficient and reliable
Scope Of The Report
Report Attributes
Report Details
Report Title
Nuclear Condensate Pump Market Research Report
By Type
Electric Motors, Impeller, Shaft (Rotor), Shaft Seal Package, Bearings, Pump Casing, Auxiliary Systems
By Application
Construction Industries, Energy and Power Industries, General Industries, Others
By Companies
Orano, General Electric, Alstom Power, KSB Pumps, Bharat Heavy Electricals Limited, Flowserve Corporation, Westinghouse Electric Company, Mitsubishi Heavy Industries, Hitachi Plant Technologies, Sulzer Pumps, Orano
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
242
Number of Tables & Figures
170
Customization Available
Yes, the report can be customized as per your need.
Global Nuclear Condensate Pump Market Report Segments:
The global Nuclear Condensate Pump market is segmented on the basis of:
Types
Electric Motors, Impeller, Shaft (Rotor), Shaft Seal Package, Bearings, Pump Casing, Auxiliary Systems
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Construction Industries, Energy and Power Industries, General Industries, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Orano
- General Electric
- Alstom Power
- KSB Pumps
- Bharat Heavy Electricals Limited
- Flowserve Corporation
- Westinghouse Electric Company
- Mitsubishi Heavy Industries
- Hitachi Plant Technologies
- Sulzer Pumps
- Orano
Highlights of The Nuclear Condensate Pump Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Electric Motors
- Impeller
- Shaft (Rotor)
- Shaft Seal Package
- Bearings
- Pump Casing
- Auxiliary Systems
- By Application:
- Construction Industries
- Energy and Power Industries
- General Industries
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Nuclear Condensate Pump Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A nuclear condensate pump is a type of pump used to move liquids and gases through pipelines. It uses the heat from nuclear reactions to create a liquid that can be pumped through the pipeline. This liquid is made up of atoms that have been split apart, and it contains energy. The nuclear condensate pump can use this energy to move the liquid through the pipeline.
Some of the major companies in the nuclear condensate pump market are Orano, General Electric, Alstom Power, KSB Pumps, Bharat Heavy Electricals Limited, Flowserve Corporation, Westinghouse Electric Company, Mitsubishi Heavy Industries, Hitachi Plant Technologies, Sulzer Pumps, Orano.
The nuclear condensate pump market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Nuclear Condensate Pump Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Nuclear Condensate Pump Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nuclear Condensate Pump Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Nuclear Condensate Pump Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Nuclear Condensate Pump Market Size & Forecast, 2018-2028
4.5.1 Nuclear Condensate Pump Market Size and Y-o-Y Growth
4.5.2 Nuclear Condensate Pump Market Absolute $ Opportunity
Chapter 5 Global Nuclear Condensate Pump Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Nuclear Condensate Pump Market Size Forecast by Type
5.2.1 Electric Motors
5.2.2 Impeller
5.2.3 Shaft (Rotor)
5.2.4 Shaft Seal Package
5.2.5 Bearings
5.2.6 Pump Casing
5.2.7 Auxiliary Systems
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Nuclear Condensate Pump Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Nuclear Condensate Pump Market Size Forecast by Applications
6.2.1 Construction Industries
6.2.2 Energy and Power Industries
6.2.3 General Industries
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nuclear Condensate Pump Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Nuclear Condensate Pump Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Nuclear Condensate Pump Analysis and Forecast
9.1 Introduction
9.2 North America Nuclear Condensate Pump Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Nuclear Condensate Pump Market Size Forecast by Type
9.6.1 Electric Motors
9.6.2 Impeller
9.6.3 Shaft (Rotor)
9.6.4 Shaft Seal Package
9.6.5 Bearings
9.6.6 Pump Casing
9.6.7 Auxiliary Systems
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Nuclear Condensate Pump Market Size Forecast by Applications
9.10.1 Construction Industries
9.10.2 Energy and Power Industries
9.10.3 General Industries
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Nuclear Condensate Pump Analysis and Forecast
10.1 Introduction
10.2 Europe Nuclear Condensate Pump Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Nuclear Condensate Pump Market Size Forecast by Type
10.6.1 Electric Motors
10.6.2 Impeller
10.6.3 Shaft (Rotor)
10.6.4 Shaft Seal Package
10.6.5 Bearings
10.6.6 Pump Casing
10.6.7 Auxiliary Systems
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Nuclear Condensate Pump Market Size Forecast by Applications
10.10.1 Construction Industries
10.10.2 Energy and Power Industries
10.10.3 General Industries
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Nuclear Condensate Pump Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Nuclear Condensate Pump Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Nuclear Condensate Pump Market Size Forecast by Type
11.6.1 Electric Motors
11.6.2 Impeller
11.6.3 Shaft (Rotor)
11.6.4 Shaft Seal Package
11.6.5 Bearings
11.6.6 Pump Casing
11.6.7 Auxiliary Systems
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Nuclear Condensate Pump Market Size Forecast by Applications
11.10.1 Construction Industries
11.10.2 Energy and Power Industries
11.10.3 General Industries
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Nuclear Condensate Pump Analysis and Forecast
12.1 Introduction
12.2 Latin America Nuclear Condensate Pump Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Nuclear Condensate Pump Market Size Forecast by Type
12.6.1 Electric Motors
12.6.2 Impeller
12.6.3 Shaft (Rotor)
12.6.4 Shaft Seal Package
12.6.5 Bearings
12.6.6 Pump Casing
12.6.7 Auxiliary Systems
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Nuclear Condensate Pump Market Size Forecast by Applications
12.10.1 Construction Industries
12.10.2 Energy and Power Industries
12.10.3 General Industries
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Nuclear Condensate Pump Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Nuclear Condensate Pump Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Nuclear Condensate Pump Market Size Forecast by Type
13.6.1 Electric Motors
13.6.2 Impeller
13.6.3 Shaft (Rotor)
13.6.4 Shaft Seal Package
13.6.5 Bearings
13.6.6 Pump Casing
13.6.7 Auxiliary Systems
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Nuclear Condensate Pump Market Size Forecast by Applications
13.10.1 Construction Industries
13.10.2 Energy and Power Industries
13.10.3 General Industries
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Nuclear Condensate Pump Market: Competitive Dashboard
14.2 Global Nuclear Condensate Pump Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Orano
14.3.2 General Electric
14.3.3 Alstom Power
14.3.4 KSB Pumps
14.3.5 Bharat Heavy Electricals Limited
14.3.6 Flowserve Corporation
14.3.7 Westinghouse Electric Company
14.3.8 Mitsubishi Heavy Industries
14.3.9 Hitachi Plant Technologies
14.3.10 Sulzer Pumps
14.3.11 Orano
