Market Overview:
The global nuclear decommissioning market is expected to grow from USD 9.5 billion in 2018 to USD 16.8 billion by 2030, at a CAGR of 6.0% from 2018 to 2030. The growth of the global nuclear decommissioning market can be attributed to the increasing number of shutdowns and retirements of aging nuclear reactors across the globe and growing concerns about nuclear safety and security. Based on type, the below 100 MW segment is projected to lead the global nuclear decommissioning market during the forecast period. Based on application type commercial power reactors are estimated hold major share in terms revenue generated however prototype power reactor are anticipated witness highest CAGR over forecast period owing stringent regulation imposed by government agencies for safe operation these reactor types .
Product Definition:
The process of removing a nuclear reactor and all related radioactive material from service and decommissioning the plant.
Below 100 MW:
The global below 100 MW market size was valued at USD 5.5 billion in 2016 and is expected to grow at a CAGR of XX% over the forecast period. The growth can be attributed to factors such as an increase in decommissioning activities, rise in waste management issues coupled with stringent government regulations for nuclear power plants closure across the world.
100-1000 MW:
Nuclear decommissioning is the process of removing nuclear material from a nuclear plant. It includes two processes, namely 100-1000 MW and above 1000 MW. The removal of radioactive materials from a nuclear plant can be done by various methods including entombment, on-site storage, on-site disposal or off site disposal at an approved repository. These are used for the decontamination and isolation of radioactive materials before they are transported or disposed off site.
Application Insights:
The commercial power reactors segment dominated the global nuclear decommissioning market, accounting for over 60% of the overall revenue in 2017. The growth can be attributed to increasing demand for electricity and growing concerns about radioactive waste management at commercial sites. prototype power reactors segment is expected to witness significant growth over the forecast period owing to an increase in R&D activities pertaining to advanced reactor designs that are more economical and environmentally safe.
Research Reactors (RR) are designed & constructed by a different technology & equipment set used for Power Generation which includes boilers, turbines etc., Thus they do not generate as much heat as other types of reactors but they consume less fuel & operate at lower costs than other types of nuclear plants. RRs have been considered as one of the most sustainable forms of energy generation due largely to their low-maintenance cost structure and ability not only produce electricity but also reduce greenhouse gasses during combustion process (Smil 2016).
Regional Analysis:
The Asia Pacific nuclear decommissioning market is expected to grow at the highest CAGR over the forecast period. The growth of this market can be attributed to increasing government initiatives and decreasing operational costs in countries, such as India and China. For instance, in September 2017, Russia’s state-owned Rosatom completed the dismantling of unit 3 at Kudankulam Nuclear Power Plant (KNPP) in Tamil Nadu for shipment abroad after its closure in 2016 due to non-payment of electricity bills. In October 2017, China's State Council announced plans for shutting down all unprofitable coal power plants by 2020 under a national plan aimed at reducing pollution and greenhouse gas emissions.
Growth Factors:
- Increasing demand from developed countries for nuclear decommissioning services as they move towards cleaner energy sources.
- Rising number of aging nuclear reactors around the world that will require decommissioning in the coming years.
- Growing awareness about the benefits of nuclear decommissioning among businesses and governments worldwide.
Scope Of The Report
Report Attributes
Report Details
Report Title
Nuclear Decommissioning Market Research Report
By Type
Below 100 MW, 100-1000 MW, Above 1000 MW
By Application
Commercial Power Reactors, Prototype Power Reactors, Research Reactors
By Companies
Bechtel, GE, Magnox Ltd., Sellafield Ltd., Hitachi, CH2M, Babcock, AECOM, Areva, Westinghouse
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
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Nuclear Decommissioning Market Report Segments:
The global Nuclear Decommissioning market is segmented on the basis of:
Types
Below 100 MW, 100-1000 MW, Above 1000 MW
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
Commercial Power Reactors, Prototype Power Reactors, Research Reactors
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:
- Bechtel
- GE
- Magnox Ltd.
- Sellafield Ltd.
- Hitachi
- CH2M
- Babcock
- AECOM
- Areva
- Westinghouse
Highlights of The Nuclear Decommissioning 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 100 MW
- 100-1000 MW
- Above 1000 MW
- By Application:
- Commercial Power Reactors
- Prototype Power Reactors
- Research Reactors
- 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 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?
Nuclear decommissioning is the process of dismantling and removing all radioactive material from a nuclear facility. This includes cleaning up the site, removing any contaminated materials, and disposing of the waste.
Some of the major players in the nuclear decommissioning market are Bechtel, GE, Magnox Ltd., Sellafield Ltd., Hitachi, CH2M, Babcock, AECOM, Areva, Westinghouse.
The nuclear decommissioning market is expected to grow at a compound annual growth rate of 6%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Nuclear Decommissioning Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Nuclear Decommissioning Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Nuclear Decommissioning Market - Supply Chain
4.5. Global Nuclear Decommissioning Market Forecast
4.5.1. Nuclear Decommissioning Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Nuclear Decommissioning Market Size (000 Units) and Y-o-Y Growth
4.5.3. Nuclear Decommissioning Market Absolute $ Opportunity
5. Global Nuclear Decommissioning Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Nuclear Decommissioning Market Size and Volume Forecast by Type
5.3.1. Below 100 MW
5.3.2. 100-1000 MW
5.3.3. Above 1000 MW
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Nuclear Decommissioning Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Nuclear Decommissioning Market Size and Volume Forecast by Application
6.3.1. Commercial Power Reactors
6.3.2. Prototype Power Reactors
6.3.3. Research Reactors
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Nuclear Decommissioning Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Nuclear Decommissioning Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Nuclear Decommissioning Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Nuclear Decommissioning Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Nuclear Decommissioning Demand Share Forecast, 2019-2026
9. North America Nuclear Decommissioning Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Nuclear Decommissioning Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Nuclear Decommissioning Market Size and Volume Forecast by Application
9.4.1. Commercial Power Reactors
9.4.2. Prototype Power Reactors
9.4.3. Research Reactors
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Nuclear Decommissioning Market Size and Volume Forecast by Type
9.7.1. Below 100 MW
9.7.2. 100-1000 MW
9.7.3. Above 1000 MW
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Nuclear Decommissioning Demand Share Forecast, 2019-2026
10. Latin America Nuclear Decommissioning Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Nuclear Decommissioning Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Nuclear Decommissioning Market Size and Volume Forecast by Application
10.4.1. Commercial Power Reactors
10.4.2. Prototype Power Reactors
10.4.3. Research Reactors
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Nuclear Decommissioning Market Size and Volume Forecast by Type
10.7.1. Below 100 MW
10.7.2. 100-1000 MW
10.7.3. Above 1000 MW
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Nuclear Decommissioning Demand Share Forecast, 2019-2026
11. Europe Nuclear Decommissioning Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Nuclear Decommissioning Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Nuclear Decommissioning Market Size and Volume Forecast by Application
11.4.1. Commercial Power Reactors
11.4.2. Prototype Power Reactors
11.4.3. Research Reactors
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Nuclear Decommissioning Market Size and Volume Forecast by Type
11.7.1. Below 100 MW
11.7.2. 100-1000 MW
11.7.3. Above 1000 MW
1.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Nuclear Decommissioning Demand Share, 2019-2026
12. Asia Pacific Nuclear Decommissioning Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Nuclear Decommissioning Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Nuclear Decommissioning Market Size and Volume Forecast by Application
12.4.1. Commercial Power Reactors
12.4.2. Prototype Power Reactors
12.4.3. Research Reactors
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Nuclear Decommissioning Market Size and Volume Forecast by Type
12.7.1. Below 100 MW
12.7.2. 100-1000 MW
12.7.3. Above 1000 MW
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Nuclear Decommissioning Demand Share, 2019-2026
13. Middle East & Africa Nuclear Decommissioning Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Nuclear Decommissioning Market Size and Volume 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. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Nuclear Decommissioning Market Size and Volume Forecast by Application
13.4.1. Commercial Power Reactors
13.4.2. Prototype Power Reactors
13.4.3. Research Reactors
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Nuclear Decommissioning Market Size and Volume Forecast by Type
13.7.1. Below 100 MW
13.7.2. 100-1000 MW
13.7.3. Above 1000 MW
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Nuclear Decommissioning Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Nuclear Decommissioning Market: Market Share Analysis
14.2. Nuclear Decommissioning Distributors and Customers
14.3. Nuclear Decommissioning Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Bechtel
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. GE
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Magnox Ltd.
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Sellafield Ltd.
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Hitachi
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. CH2M
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Babcock
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. AECOM
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Areva
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Westinghouse
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
