According to a new report published by Reports Monitor titled, “Nuclear Decommissioning Market by Type, Property & Applications: Global Opportunity Analysis and Industry Forecast, 2017–2025,” the Nuclear Decommissioning Market
is projected to grow rapidly from 2017 to 2025. Europe is considered to hold the largest market share followed by North America and APAC. This can be attributed to government support, followed by public concern for pre-closure of nuclear power plants.
The process where a nuclear facility is dismantled to the point that it no longer requires measures for radiation protection is termed as nuclear decommissioning. It mainly involves materials that is highly radioactive and requires sophisticated methods of containment and remote handling. The wastes which arises from decommissioning are dangerous and have to be stored or disposed of securely in order to protect the environment and future generation. Additionally, the nuclear decommissioning work must be carried out to the highest possible standards to protect workers, general public, and the environment.
There is increasing demand for nuclear decommissioning owing to the growing support from the governments of different countries post nuclear accidents. The political pressure is building up from the public as well as from the government, due to which there is a need for nuclear phase-out. However, high cost of decommissioning may hamper the growth of the market. The opportunities that can strengthen the growth of the market includes aging nuclear power plants. Selection of decommissioning technology and nuclear waste disposal are various challenges of the market.
The global nuclear decommissioning market report consists of various tools and techniques including, porters, value chain, market share analysis, and others. The data used in this report is gathered from extensive primary and secondary sources. These report gives the overall idea of market trends, opportunities, restraints, challenges, and others. The report includes major players along with their development strategies such as expansion, acquisition, merger, and others.
On the basis of segmentation, the market is divided into rector type, strategy, capacity, and region. Based on the reactor type, the market is split into pressurized water reactor, boiling water reactor, gas-cooled reactor, and other reactors. As per the strategy segment, the market is bifurcated into immediate dismantling, deferred dismantling, and entombment. Furthermore, based on the capacity, the market is differentiated into up to 800 MW, 801 MW- 1,000 MW, and above 1,000 MW.
Key Question Answered:
•What will be the market size in 2025 and at what rate it will grow?
•Who are the major key players in global nuclear decommissioning market and what are their strategies?
•Which vertical industry is expected to show major growth?
•What segment and region will lead the market and why?
The major companies profiled in the report include: Areva Group, Babcock International Group PLC., Studsvik AB, AECOM, and Westinghouse Electric.
The report has been categorized in two distinctive sections, where the first category titled as Market Overview provides a holistic view of the market, key trends, drivers, challenges/restraints or opportunities with their current and expected impact on the overall industry sales.
Our analyst implement several qualitative tools such as Ansoff’s Matrix, PESTEL analysis, Porter’s five force analysis among other to interpret and represent key industry findings.
The second section of the study provides market size, estimates and forecast for key market segments and regional market. The final part of the report highlights key manufacturers/vendors operating in the associated market.
Some Points from TOC:
2.3.Assumptions & Exclusions
3.1.Research Report Segmentation & Scope
3.2.Key Market Trend Analysis
3.3.Porter’s Five Forces Analysis
3.4.Potential Venture Avenues
3.5.Market Share Analysis, 2016
4.Reactor Type Overview
4.2.Market Size & Forecast, 2015 to 2025
4.2.1.Pressurized Water Reactor
4.2.2.Boiling Water Reactor
(Note: The segments mentioned above are tentative in nature and are subject to change as the research progresses)
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