Transparency Market Research

Global Nuclear Power Equipment Market to Be Driven by Rising Demand for Cleaner Energy Sources

Transparency Market Research has published a new report "Nuclear Power Plant Equipments Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2015 - 2023" to its report store.


Albany, NY -- (SBWIRE) -- 03/31/2016 -- The global market for nuclear power plant equipment is the focus of study of a new market research report by Transparency Market Research. The report presents pin-point analysis of the major factors that will drive demand from and restrain growth of the market and the major trends that define consumer preferences, and projects the impact of these factors on the market's future growth prospects.

Complete Report Nuclear Power Plant Equipments Market with TOC:

The report is titled "Nuclear Power Plant Equipments Market - Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2015 – 2023."

The report states that factors such as the continuously rising global demand for energy and the rising preference for switching to cleaner sources of power will prove to be major driving forces for the global nuclear power plant equipment market over the report's forecast period. As the popularity of nuclear power generation increases, nuclear power is expected to gain a much stronger position in the global energy mix in the near future. The nuclear power generation market is expected to see the addition of significant new nuclear power generation capacities, leading to an increased demand for a variety of nuclear power plant equipment over the report's forecast period.

Nearly 20 countries across the globe currently harness nuclear power, with about 10 of these aggressively pursuing nuclear power generation as an integral part of their energy mix.

The market for nuclear power equipment is projected to face uncertainties in terms of demand from certain countries over the report's forecast period. This is the result of the recent nuclear power plant disaster in Fukushima, Japan. On one hand, events like this can trigger negative sentiments about the technology and can lead to a slowdown in the commissioning of power plants. But on the other hand, the event could also lead to the decommissioning of outdated nuclear power plants and the installation of new plants with multiple safety backups and advanced technologies.

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Redevelopment of old plants can provide a significant boost to the global demand for nuclear power equipment over the report's forecast period.

The report also presents a comprehensive overview of the competitive landscape of the global nuclear power equipment market with the help of detailed business profiles, SWOT analysis, data about recent developments in technology, Porter's five forces analysis, inputs from industry experts, and other details pertaining to some of the major vendors in the market. Major vendors in the market profiled in the report include Larsen & Toubro Ltd., Dongfang Electric Corporation Ltd., Mitsubishi Heavy Industries Ltd., and Alstom SA.

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Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company's exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR's experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR's data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.