The report segments the nuclear decommissioning services market based on reactor type into water cooled and gas-cooled reactors. Water cooled reactor has been further segmented into Pressurized Water Reactor (PWR), Boiling Water Reactor (BWR), Pressurized Heavy Water Reactor (PHWR), and other reactors. The BWR segment held the largest market size in 2015, as it is used in majority of the nuclear power plants.
1. World’s No 1 Market Intelligence
Nuclear Decommissioning Services Market by Reactor Type (PWR, BWR,
& GCR), Strategy (Immediate Dismantling, Deferred Dismantling, and
Entombment), Capacity (Up to 800 MW, 801 MW-1,000 MW, and Above
1,000 MW), and Region - Global Forecast to 2021
MarketsAndMarkets
Forecasts 2016-2021
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market-86234662.html
• The size of the global nuclear decommissioning
services market is estimated to be USD 4.84 Billion
in 2016, and is projected to grow at a CAGR of
12.1% from 2016 to 2021, to reach USD 8.55 Billion
by 2021. Nuclear accidents, such as the Fukushima
Daichii nuclear power plant accident in 2011, and
rising political pressure for pre-closure of nuclear
power plants, especially in the European countries,
are expected to drive the nuclear decommissioning
services market.
5. Europe to dominate the market
• In this report, the nuclear decommissioning services market has
been analyzed with respect to three regions, namely, Europe,
North America, and Asia-Pacific. Europe is estimated to dominate
the market, owing to factors such as government commitment
and stringent regulations to phase out nuclear power plants. In
addition, majority of the nuclear plants in the North American
region are very old and nearing the phase of decommissioning,
creating huge opportunities for nuclear decommissioning
services market in the region.
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decommissioning-service-market-86234662.html
Boiling Water Reactor (BWR) the largest segment in
the nuclear decommissioning services market
The BWR reactor segment occupied the largest market
share in the nuclear decommissioning services market
in 2015. This can be attributed to increase in the
number of projects undergoing decommissioning, due
to stringent government regulations to phase out
nuclear reactors by 2022. Majority of the nuclear
power plants in the European region operate on BWRs.
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