Market Overview:
The global nuclear decommissioning services market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing number of nuclear power plants across the globe and the growing concerns over nuclear waste management. The market is segmented on the basis of type, application, and region. By type, the market is segmented into below 800MW, 801-1,000MW, and above 1,000MW segments. By application, the market is divided into immediate dismantling (ID), deferred dismantling (DD), and entombment segments. Geographically, the global nuclear decommissioning services market covers North America continent followed by Latin America region; Europe continent including Russia; Asia Pacific region excluding Japan; Japan as a separate regional segment; and Middle East & Africa regions respectively in this order.
Product Definition:
Nuclear Decommissioning Services is the process of removing a nuclear reactor and its associated spent fuel from service, cleaning up the site, and ultimately disposing of the reactor and its radioactive components. The process is carried out in accordance with government regulations and industry best practices.
below 800MW:
Nuclear decommissioning services are the management and disposal of radioactive waste generated by nuclear power plants. The global market size was valued at USD 8.0 billion in 2015 and is expected to grow at a CAGR of XX% over the forecast period. Increasing number of nuclear shutdowns, aging reactors across the world, rising concerns regarding safety & security of radioactive waste, increasing cost burden on utilities for storage & transportation etc.
801-1,000MW:
801-1,000MW is a term used for the energy produced by nuclear power plants which are in operation between 1,000 MW and 801 MW. The amount of energy produced by these nuclear power plants varies from country to country. Countries such as Belgium, Canada, Czech Republic France and the Netherlands use most of their electricity production from Nuclear Power Plant (NPP). Whereas countries such as India and China use only some portion of their electricity production from NPPs.
Application Insights:
The immediate dismantling segment dominated the global nuclear decommissioning services market in 2017 and is expected to witness significant growth over the forecast period. The immediate dismantlement of a nuclear reactor involves its complete destruction, including removal of all radioactive materials, components and waste. This process is carried out on-site at the nuclear site itself without any prior off-site transport or disposal options.
The deferred dismantling segment accounted for a substantial market share in 2017 owing to an increase in demand from countries with aging reactors such as Japan, China and Germany. These nations are investing significantly in new build projects but still have a large number of reactors operating beyond their designed lifespan which are now candidates for decommissioning over the next few years or decades respectively.
Decommissioning activities at these sites will take place after both economic viability studies show that it makes financial sense as well as social & environmental sense to do so (in terms of cost benefit analysis).
Regional Analysis:
The market in Asia Pacific and Middle East & Africa is anticipated to grow at a faster rate over the forecast period. The growth can be attributed to increasing nuclear power plant closures in these regions, which are part of the global trend. For instance, as per IAEA statistics, out of the total reactors under construction globally as of 2016, 18% were slated for closure by 2025 and 32% by 2030. In addition there has been an increase in decommissioning activities across this region due to growing public pressure against nuclear power plants owing to their harmful environmental effects.
In North America market demand was valued at USD X million in 2017.
Growth Factors:
- Increasing demand from developed countries for nuclear decommissioning services due to aging nuclear reactors and stringent safety norms.
- Proliferation of new nuclear power plants in developing countries, which will lead to an increase in the demand for nuclear decommissioning services over the next few years.
- Stringent government regulations and guidelines pertaining to safe and environment-friendly decommissioning of nuclear facilities.
- Growing awareness among consumers about the benefits of using certified and experienced service providers for safe decommissioning of nuclear facilities 5 Increased investments by private players in the development of innovative technologies for efficient and safe decommissioning of aging reactors
Scope Of The Report
Report Attributes
Report Details
Report Title
Nuclear Decommissioning Services Market Research Report
By Type
below 800MW, 801-1,000MW, Above 1,000MW
By Application
Immediate Dismantling, Deferred Dismantling, Entombment
By Companies
Aecom, Orano, Babcock International, Studsvik, Westinghouse Electric, Ansaldo Nes, Enercon Services, Energysolutions, GD Energy Services-Nuclear, KDC Contractors, Nuvia Group, Onet Technologies, Sogin
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
121
Number of Tables & Figures
85
Customization Available
Yes, the report can be customized as per your need.
Global Nuclear Decommissioning Services Market Report Segments:
The global Nuclear Decommissioning Services market is segmented on the basis of:
Types
below 800MW, 801-1,000MW, Above 1,000MW
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
Immediate Dismantling, Deferred Dismantling, Entombment
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:
- Aecom
- Orano
- Babcock International
- Studsvik
- Westinghouse Electric
- Ansaldo Nes
- Enercon Services
- Energysolutions
- GD Energy Services-Nuclear
- KDC Contractors
- Nuvia Group
- Onet Technologies
- Sogin
Highlights of The Nuclear Decommissioning Services 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:
- below 800MW
- 801-1,000MW
- Above 1,000MW
- By Application:
- Immediate Dismantling
- Deferred Dismantling
- Entombment
- 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 Decommissioning Services 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
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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?
Nuclear decommissioning services are a type of environmental remediation service that is used to clean up and dispose of radioactive materials from nuclear facilities. This includes cleaning up the site, removing contaminated material, and disposing of it in a safe manner.
Some of the key players operating in the nuclear decommissioning services market are Aecom, Orano, Babcock International, Studsvik, Westinghouse Electric, Ansaldo Nes, Enercon Services, Energysolutions, GD Energy Services-Nuclear, KDC Contractors, Nuvia Group, Onet Technologies, Sogin.
The nuclear decommissioning services 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 Decommissioning Services 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 Decommissioning Services Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Nuclear Decommissioning Services 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 Decommissioning Services 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 Decommissioning Services Market Size & Forecast, 2018-2028
4.5.1 Nuclear Decommissioning Services Market Size and Y-o-Y Growth
4.5.2 Nuclear Decommissioning Services Market Absolute $ Opportunity
Chapter 5 Global Nuclear Decommissioning Services 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 Decommissioning Services Market Size Forecast by Type
5.2.1 below 800MW
5.2.2 801-1
5.2.3 000MW
5.2.4 Above 1
5.2.5 000MW
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Nuclear Decommissioning Services 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 Decommissioning Services Market Size Forecast by Applications
6.2.1 Immediate Dismantling
6.2.2 Deferred Dismantling
6.2.3 Entombment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Nuclear Decommissioning Services 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 Decommissioning Services 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 Decommissioning Services Analysis and Forecast
9.1 Introduction
9.2 North America Nuclear Decommissioning Services 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 Decommissioning Services Market Size Forecast by Type
9.6.1 below 800MW
9.6.2 801-1
9.6.3 000MW
9.6.4 Above 1
9.6.5 000MW
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 Decommissioning Services Market Size Forecast by Applications
9.10.1 Immediate Dismantling
9.10.2 Deferred Dismantling
9.10.3 Entombment
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 Decommissioning Services Analysis and Forecast
10.1 Introduction
10.2 Europe Nuclear Decommissioning Services 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 Decommissioning Services Market Size Forecast by Type
10.6.1 below 800MW
10.6.2 801-1
10.6.3 000MW
10.6.4 Above 1
10.6.5 000MW
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 Decommissioning Services Market Size Forecast by Applications
10.10.1 Immediate Dismantling
10.10.2 Deferred Dismantling
10.10.3 Entombment
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 Decommissioning Services Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Nuclear Decommissioning Services 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 Decommissioning Services Market Size Forecast by Type
11.6.1 below 800MW
11.6.2 801-1
11.6.3 000MW
11.6.4 Above 1
11.6.5 000MW
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 Decommissioning Services Market Size Forecast by Applications
11.10.1 Immediate Dismantling
11.10.2 Deferred Dismantling
11.10.3 Entombment
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 Decommissioning Services Analysis and Forecast
12.1 Introduction
12.2 Latin America Nuclear Decommissioning Services 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 Decommissioning Services Market Size Forecast by Type
12.6.1 below 800MW
12.6.2 801-1
12.6.3 000MW
12.6.4 Above 1
12.6.5 000MW
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 Decommissioning Services Market Size Forecast by Applications
12.10.1 Immediate Dismantling
12.10.2 Deferred Dismantling
12.10.3 Entombment
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 Decommissioning Services Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Nuclear Decommissioning Services 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 Decommissioning Services Market Size Forecast by Type
13.6.1 below 800MW
13.6.2 801-1
13.6.3 000MW
13.6.4 Above 1
13.6.5 000MW
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 Decommissioning Services Market Size Forecast by Applications
13.10.1 Immediate Dismantling
13.10.2 Deferred Dismantling
13.10.3 Entombment
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 Decommissioning Services Market: Competitive Dashboard
14.2 Global Nuclear Decommissioning Services Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Aecom
14.3.2 Orano
14.3.3 Babcock International
14.3.4 Studsvik
14.3.5 Westinghouse Electric
14.3.6 Ansaldo Nes
14.3.7 Enercon Services
14.3.8 Energysolutions
14.3.9 GD Energy Services-Nuclear
14.3.10 KDC Contractors
14.3.11 Nuvia Group
14.3.12 Onet Technologies
14.3.13 Sogin
