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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.