The global Nuclear Reactor market was 60100 million US$ in 2018 and is expected to 290 million US$ by the end of 2025, growing at a CAGR of -48.6% between 2019 and 2025.
Los Angeles, CA -- (SBWIRE) -- 04/17/2019 -- Nuclear reactors are devices designed to maintain a chain reaction producing a steady flow of neutrons generated by the fission of heavy nuclei. They are, however, differentiated either by their purpose or by their design features. In terms of purpose, they are either research reactors or power reactors.
Governments across countries such as India, the US, and the UK, among others, are increasingly focusing on investment in R&D in nuclear power. Also, leading nuclear power plant manufacturers are also investing highly in R&D. Furthermore, India, China, Russia, and South Korea are investing highly toward the development of advanced nuclear reactors, particularly Generation IV reactors.
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Despite decisions against the expansion of nuclear power by a handful of leading economies, construction of new nuclear plants in China and Russia is expected to keep the demand for nuclear energy high during 2016 and 2020.
The global Nuclear Reactor market was 60100 million US$ in 2018 and is expected to 290 million US$ by the end of 2025, growing at a CAGR of -48.6% between 2019 and 2025.
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This report studies the Nuclear Reactor market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Nuclear Reactor in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Areva
CNNC
Rosatom
Westinghouse Electric Company
CGN
Hitachi GE Nuclear Energy
Mitsubishi Heavy Industries
KHNP
By the product type, the market is primarily split into
Pressurized water reactor (PWR)
Boiling water reactor (BWR)
Pressurized heavy water reactor (PHWR)
Gas-cooled reactor (AGR & Magnox)
Fast neutron reactor (FBR)
Light water graphite reactor (RBMK & EGP)
By the end users/application, this report covers the following segments
Generating electricity
Moving aircraft carriers and submarines
Other
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