Nuclear reactors are used to produce electricity across the world. The
heat produced by controlled fission chain reaction in nuclear reactors is used
to create steam pressure. This steam pressure is used to drive a power- generating
turbine. Currently nuclear reactors are used to produce approximately 19% of
the world’s total electricity production. Nuclear reactor market is expected to
grow in future due to several under construction, planned and proposed nuclear
reactor projects.
Nuclear energy market can be segmented on the base of technology into
Boiling Water Reactor (BWR), Pressurized Water Reactor (PWR), Pressurized Water
Reactor (PHWR), Advanced Gas Cooled Reactor (AGCR), Uranium Reactor (CANDU) and
Fast Breeder Reactor (FBR). PWR is expected to dominate the market.
Improved technology, increasing
energy demand, no carbon emission and concerns about the use of thermal energy
sources are the drivers of this market. Developed countries are largely
dependent on nuclear energy for their power generation. However the impact of
nuclear disaster on the surroundings, people and environment discourages the
use of nuclear energy. Depleting reserves and high cost of unconventional gas
creates an opportunity for nuclear energy.
Some of the key players
in nuclear energy market include PSEG Power LLC, Duke Energy, Exelon
Corporation, NextEra Energy Resources LLC, Bruce Power, China General Nuclear
Power Corporation, EDF Energy, Tokyo Electric Power Company, GE Hitachi Nuclear
Energy and Eskom Holdings SOC Limited along with others.
Download PDF : Nuclear Energy Market
This
research report analyzes this market depending on its market segments, major
geographies, and current market trends. Geographies analyzed under this
research report include
- North America
- Asia Pacific
- Europe
- Rest of the World
This report provides
comprehensive analysis of
- Market growth drivers
- Factors limiting market growth
- Current market trends
- Market structure
- Market projections for upcoming
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restraints. It provides market projections for the coming years. It includes
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includes a review of micro and macro factors essential for the existing market
players and new entrants along with detailed value chain analysis.
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assessed on the basis of how the market is predicted to grow
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