Page 3 - Decommissioning Services Market News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Share this article Share this article ResearchAndMarkets.com s offering. The nuclear decommissioning service market in Asia-Pacific was valued US$ 1.22 billion in 2019 and is projected to reach US$ 1.80 billion by 2027; it is expected to grow at a CAGR of 5.1% from 2020 to 2027. As the decommissioning of nuclear power plants is an expensive task, establishing a company to decommission these plants requires lump sum capital investments, massive manpower, and significant expertise. Therefore, the competitive landscape of this market in Asia-Pacific is majorly dominated by the well-established, industry-recognized, and financially balanced companies. Prototype reactors are similar to commercial power reactors; however, these reactors are majorly developed for testing design features or newer safety features. According to several estimations, ~45 prototype reactors were shut down in 2017 in the world..

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