ResearchAndMarkets.com’s offering.
Over 319 Reactors Worldwide Are Aged Over 30 Years. The Higher Maintenance Load Sends Nuclear Decommissioning Services on an Accelerated Path to Growth at 5.9%
The global market for Nuclear Decommissioning Services is projected to reach US$7.9 billion by the year 2027, trailing a post COVID-19 CAGR of 5.9%, over the analysis period 2020 through2027. The world can never put behind the 2011 Fukushima nuclear disaster. A dangerous mix of challenges currently confronts the nuclear power industry.
Stiff competition from low-cost natural gas; increased focus on cost cutting; reduced emphasis on safety, represent a lethal cocktail of trends in the industry. To ensure continued operation, reactor owners now need to take proactive measures in preventing aging-related failures. Intensive monitoring and preventive maintenance needed by aging reactors is expected to push up demand for nuclear decommissioning services.
Kazakhstan
Japan
United-states
United-kingdom
Argentina
China
South-africa
Russia
Pakistan
Germany
India
Thailand