Market Overview:
The global nuclear waste management system market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The market growth is attributed to the increasing demand for electricity and the need for safe and secure disposal of nuclear waste. Based on type, the low level waste segment is projected to lead the global nuclear waste management system market during the forecast period. This can be attributed to its easy handling and storage characteristics as compared with other types of nuclear wastes. However, high level wastes are expected to grow at a higher CAGR during the forecast period due their hazardous nature and potential environmental impact. Based on application, boiling water reactors (BWRs) are projected to lead the global nuclear waste management system market during the forecast period owing their widespread use in commercial power generation facilities across different regions worldwide. Gas cooled reactors (GCRs) are also anticipated witness significant growth in demand over next few years due their advantages such as high efficiency, modular construction, fuel flexibility etc.
Product Definition:
The Nuclear Waste Management System is the organization and management structure responsible for ensuring that radioactive waste from nuclear reactors is safely managed, stored, and disposed of. The importance of a safe and effective Nuclear Waste Management System cannot be overstated; if not properly managed, radioactive waste can pose a serious threat to public health and the environment.
Low Level Waste:
Low level waste (LLW) is the radioactive waste generated by nuclear power plants and other industrial sources. LLW is also known as source term radioactivity which has a characteristic of emitting low energy radiation in comparison to high level waste (HLW). Radioactive materials that are not hazardous for long-term storage purposes include used fuel, irradiated nuclear fuels, and LLW.
Intermediate Level Waste:
Intermediate level waste is the radioactive material that remains after nuclear power plants have processed used fuel from commercial nuclear reactors. It contains materials such as protective clothing, gloves, respirators masks and other contaminated items. The IWMS market includes these radioactive wastes in its management system for the safe storage of spent fuel on-site at a nuclear power plant until it can be disposed of or recycled off-site.
The global intermediate level waste (ILW).
Application Insights:
The global nuclear waste management system market is segmented on the basis of application as boiling water reactors, pressurized water reactors, pressurized heavy water reactors, and others. The BOILING WATER REACTOR (BWR) segment dominated the market in 2017 due to its large-scale deployment across various countries such as China, India & Russia. In addition, this technology has been widely used for electricity generation which further drives its demand globally.
The GAS COOLED REACTOR (GCR) segment is expected to grow at a significant rate over the forecast period owing to its small-to-medium scale deployment across various countries such as South Africa and Argentina.
Regional Analysis:
The global nuclear waste management system market is segmented on the basis of region into North America, Europe, Asia Pacific and Middle East & Africa. The North American regional market dominated the global industry in terms of revenue share in 2016 owing to the presence of a large number of nuclear reactors across countries such as U.S. and Canada that generate a significant amount of low-level and intermediate level radioactive waste over time.
Asia Pacific is anticipated to be one of the fastest growing regions with CAGR exceeding 6% during the forecast period due to increasing demand for electricity generation from developing economies such as China, India, South Korea etc.
Growth Factors:
- Increasing demand for nuclear energy across the globe
- Stringent government regulations for safe management and disposal of nuclear waste
- Growing awareness about the benefits of radioactive waste management systems among businesses and consumers
- Rising investments in R&D to develop new technologies for radioactive waste management
- Proliferation of small modular reactors (SMRs) that produce low-level radioactive waste
Scope Of The Report
Report Attributes
Report Details
Report Title
Nuclear Waste Management System Market Research Report
By Type
Low Level Waste, Intermediate Level Waste, High Level Waste
By Application
Boiling Water Reactors, Gas Cooled Reactors, Pressurized Water Reactors, Pressurized Heavy Water Reactors, Others
By Companies
Areva SA, Veolia Environment Services, Bechtel Corporation, US Ecology, Augean Plc, BHI Energy, Perma-Fix Environmental Services, Inc., Swedish Nuclear Fuel and Waste Management Co., Stericycle, Inc., Waste Control Specialists, LLC
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
247
Number of Tables & Figures
173
Customization Available
Yes, the report can be customized as per your need.
Global Nuclear Waste Management System Market Report Segments:
The global Nuclear Waste Management System market is segmented on the basis of:
Types
Low Level Waste, Intermediate Level Waste, High Level Waste
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
Boiling Water Reactors, Gas Cooled Reactors, Pressurized Water Reactors, Pressurized Heavy Water Reactors, 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:
- Areva SA
- Veolia Environment Services
- Bechtel Corporation
- US Ecology
- Augean Plc
- BHI Energy
- Perma-Fix Environmental Services, Inc.
- Swedish Nuclear Fuel and Waste Management Co.
- Stericycle, Inc.
- Waste Control Specialists, LLC
Highlights of The Nuclear Waste Management System 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:
- Low Level Waste
- Intermediate Level Waste
- High Level Waste
- By Application:
- Boiling Water Reactors
- Gas Cooled Reactors
- Pressurized Water Reactors
- Pressurized Heavy Water Reactors
- 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 Waste Management System 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 waste management system is a set of practices and procedures for the safe storage, transportation, and disposal of radioactive materials.
Some of the major players in the nuclear waste management system market are Areva SA, Veolia Environment Services, Bechtel Corporation, US Ecology, Augean Plc, BHI Energy, Perma-Fix Environmental Services, Inc., Swedish Nuclear Fuel and Waste Management Co., Stericycle, Inc., Waste Control Specialists, LLC.
The nuclear waste management system market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Nuclear Waste Management System 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 Waste Management System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Nuclear Waste Management System Market - Supply Chain
4.5. Global Nuclear Waste Management System Market Forecast
4.5.1. Nuclear Waste Management System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Nuclear Waste Management System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Nuclear Waste Management System Market Absolute $ Opportunity
5. Global Nuclear Waste Management System 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 Waste Management System Market Size and Volume Forecast by Type
5.3.1. Low Level Waste
5.3.2. Intermediate Level Waste
5.3.3. High Level Waste
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Nuclear Waste Management System 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 Waste Management System Market Size and Volume Forecast by Application
6.3.1. Boiling Water Reactors
6.3.2. Gas Cooled Reactors
6.3.3. Pressurized Water Reactors
6.3.4. Pressurized Heavy Water Reactors
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Nuclear Waste Management System 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 Waste Management System 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 Waste Management System 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 Waste Management System 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 Waste Management System Demand Share Forecast, 2019-2029
9. North America Nuclear Waste Management System 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 Waste Management System 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 Waste Management System Market Size and Volume Forecast by Application
9.4.1. Boiling Water Reactors
9.4.2. Gas Cooled Reactors
9.4.3. Pressurized Water Reactors
9.4.4. Pressurized Heavy Water Reactors
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Nuclear Waste Management System Market Size and Volume Forecast by Type
9.7.1. Low Level Waste
9.7.2. Intermediate Level Waste
9.7.3. High Level Waste
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 Waste Management System Demand Share Forecast, 2019-2029
10. Latin America Nuclear Waste Management System 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 Waste Management System 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 Waste Management System Market Size and Volume Forecast by Application
10.4.1. Boiling Water Reactors
10.4.2. Gas Cooled Reactors
10.4.3. Pressurized Water Reactors
10.4.4. Pressurized Heavy Water Reactors
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Nuclear Waste Management System Market Size and Volume Forecast by Type
10.7.1. Low Level Waste
10.7.2. Intermediate Level Waste
10.7.3. High Level Waste
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 Waste Management System Demand Share Forecast, 2019-2029
11. Europe Nuclear Waste Management System 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 Waste Management System 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 Waste Management System Market Size and Volume Forecast by Application
11.4.1. Boiling Water Reactors
11.4.2. Gas Cooled Reactors
11.4.3. Pressurized Water Reactors
11.4.4. Pressurized Heavy Water Reactors
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Nuclear Waste Management System Market Size and Volume Forecast by Type
11.7.1. Low Leve Waste
11.7.2. Intermediate Level Waste
11.7.3. High Level Waste
11.8. 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 Waste Management System Demand Share, 2019-2029
12. Asia Pacific Nuclear Waste Management System 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 Waste Management System 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 Waste Management System Market Size and Volume Forecast by Application
12.4.1. Boiling Water Reactors
12.4.2. Gas Cooled Reactors
12.4.3. Pressurized Water Reactors
12.4.4. Pressurized Heavy Water Reactors
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Nuclear Waste Management System Market Size and Volume Forecast by Type
12.7.1. Low Level Waste
12.7.2. Intermediate Level Waste
12.7.3. High Level Waste
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 Waste Management System Demand Share, 2019-2029
13. Middle East & Africa Nuclear Waste Management System 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 Waste Management System 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 Waste Management System Market Size and Volume Forecast by Application
13.4.1. Boiling Water Reactors
13.4.2. Gas Cooled Reactors
13.4.3. Pressurized Water Reactors
13.4.4. Pressurized Heavy Water Reactors
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Nuclear Waste Management System Market Size and Volume Forecast by Type
13.7.1. Low Level Waste
13.7.2. Intermediate Level Waste
13.7.3. High Level Waste
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 Waste Management System Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Nuclear Waste Management System Market: Market Share Analysis
14.2. Nuclear Waste Management System Distributors and Customers
14.3. Nuclear Waste Management System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Areva SA
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Veolia Environment Services
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bechtel Corporation
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. US Ecology
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Augean Plc
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. BHI Energy
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Perma-Fix Environmental Services, Inc.
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Swedish Nuclear Fuel and Waste Management Co.
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Stericycle, Inc.
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Waste Control Specialists, LLC
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
