Precision Business Insights has published a report on the global nuclear energy market, estimating its value at USD 394.96 billion in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 1.4% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/nuclear-energy-...
The Nuclear Energy Market refers to the business that generates electricity through nuclear processes, namely nuclear fission—the process of separating uranium or plutonium atoms to liberate energy. This energy is turned into heat, which creates steam that powers turbines and generates electricity.
Drivers:
Rising Energy Demand – As global energy consumption increases, nuclear power is being considered a reliable and efficient source to meet demand.
Technological Advancements – Innovations in Generation III+ and Generation IV reactors are improving efficiency, safety, and waste management.
The global nuclear energy market segmentation:
1) By Reactor: Type Pressurized Water & Heavy Water Reactor, Boiling Water Reactor, High-temperature Gas-Cooled Reactor, Liquid-metal Fast-Breeder Reactor, Other Reactor Types
2) By Reaction Type: Nuclear Fission, Nuclear Fusion, Nuclear Decay
3) By Equipment Type: Island Equipment, Auxiliary Equipment
4) By Application: Electricity Power Generation, LifeScience & Research, Food & Agriculture, Consumer Products, Industrial Applications, Space & Defense Research, Others
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Regional Overview:
The report also examines the current concerns and their Future Effects on the nuclear energy market by the region. The report covers all regions and countries, North America was the largest and Asia was the fastest-growing region in the nuclear energy market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
North America (U.S., Canada)
Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Alstom SA, Areva SA, Babcock and Wilcox, Bechtel Group Inc., Bilfinger SE, Bruce Power, BWX Technologies Inc., Cameco, CEZ Group, CGN Power, China National Nuclear Corporation, Dongfang Electric Corp. Ltd., Doosan Heavy Industries & Construction Co. Ltd, Duke Energy, Electricite de France SA (EDF).
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