Transparency Market Research Added A New Report "Nuclear Power Market" And Its Full Database.
Albany, NY -- (SBWIRE) -- 04/22/2015 -- The rise in demand for clean power and decreasing fossil fuel reserves are encouraging governments and leading energy companies to invest in the nuclear energy market. The global nuclear energy market is expected to grow at a substantial rate on account of increasing demand for energy that could fulfill the need generated by additional infrastructure without carbon emissions or adversely impacting the environment in other significant ways.
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Complete with relevant infographics and graphical representations, the report systematically evaluates the global nuclear energy market. It provides a definitive business overview and investigates factors impacting the nuclear energy market during the forecast period between 2014 and 2020. The report has been compiled to serve as a tool for financial modeling, investment planning, market expansion, and competition monitoring for market stakeholders who seek to carve niche for themselves in the nuclear energy market.
Using analytical tools such as SWOT analysis and Porter's five forces analysis, the report evaluates the present market dynamics, demand and supply trends impacting industry operations, and market drivers and inhibitors. Based on information sourced, it conducts in-depth qualitative and quantitative analysis to determine refined growth forecasts for the global nuclear energy market.
Overview of the global nuclear energy market
As per the World Nuclear Association, there are about 435 operational nuclear power reactors across 31 countries in the world. An additional 71 reactors are under construction in 15 countries, which is the largest rate of nuclear reactor construction seen in 25 years, as reported by the U.S.-based Nuclear Energy Institute.
The numbers clearly indicate the enhanced propensity among global economies to adopt nuclear technology as a viable alternative to fossil fuels for power generation. Controversial views regarding the safe deployment of nuclear technology and the notoriety gained by accidents in nuclear reactors such as Fukushima, Three Mile Island, and Chernobyl hasn't deterred plans of developing economies for nuclear portfolio expansion. 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 2014 and 2020.
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About Transparency Market Research
Transparency Market Research (TMR) is a U.S.-based provider of syndicated research, customized research, and consulting services. TMR's global and regional market intelligence coverage includes industries such as pharmaceutical, chemicals and materials, technology and media, food and beverages, and consumer goods, among others. Each TMR research report provides clients with a 360-degree view of the market with statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.
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