Companies Profiled in the Nuclear Power Plant Equipment Market: General Electric (U.S.), Alstom (France), Shanghai Electric (China), Toshiba Corporation.
Press release content from Business Wire. The AP news staff was not involved in its creation.
$13 Billion Nuclear Power Plant Equipment Market - Global Growth, Trends, and Forecasts 2021-2026 - ResearchAndMarkets.com
May 17, 2021 GMT
DUBLIN (BUSINESS WIRE) May 17, 2021
The nuclear power plant equipment market is expected to grow at a CAGR of more than 6.9% during the forecast period of 2021?- 2026, reaching a market size of USD 13 billion in 2026 up from USD 8 billion in 2019.
Amid the COVID-19 pandemic, the nuclear power market witnessed a slight growth with the commissioning of the nuclear reactors in the United Arab Emirates and Belarus. However, due to imposed lockdowns, construction work at multiple sites like Bangladesh and the United States witnessed delays in work and an increase in the cost of overall projects.
Press release content from Business Wire. The AP news staff was not involved in its creation.
China Nuclear Power Plant Equipment Market Report 2020: Pressurized Water Reactors to Dominate the Market - ResearchAndMarkets.com
December 29, 2020 GMT
DUBLIN (BUSINESS WIRE) Dec 29, 2020
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The significant contribution of nuclear energy in reducing GHG emissions, while fulfilling the increasing energy demands of a growing population and supporting sustainable development is driving the market. Upcoming projects in China are expected to create significant demand for different nuclear power plant equipment. On the other hand, the availability and intense competition from alternative clear energy sources are expected to restrain the growth of the market in the forecast period.
China Nuclear Power Plant Equipment Market Report 2020: Pressurized Water Reactors to Dominate the Market - ResearchAndMarkets.com
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The China nuclear power plant equipment market is expected to grow at a CAGR of more than 5% in the forecast period of 2020-2025.
The significant contribution of nuclear energy in reducing GHG emissions, while fulfilling the increasing energy demands of a growing population and supporting sustainable development is driving the market. Upcoming projects in China are expected to create significant demand for different nuclear power plant equipment. On the other hand, the availability and intense competition from alternative clear energy sources are expected to restrain the growth of the market in the forecast period.