Market Dynamics

Nuclear Decommissioning Services Market growth is expected to gain high momentum during the forecast period due to increasing energy demands in developing regions to result in commissioning. Nuclear decommissioning is a process where a nuclear facility is destroyed to the extent that there is no requirement of radiation protection. Radioactive materials are dangerous and harmful to the environment. There is an increasing awareness regarding the harmful effects of radiations emitted from nuclear power plants.

The decommissioning process aims to reduce the level of residual radioactivity. It is dispensed by activity structures, removing contaminated materials to acceptable disposal facilities, storing used nuclear fuel until it can be removed from the site of the nuclear power plants for disposal or safe storage, and releasing the property for other uses.

Segment Insights

The global nuclear-decommissioning services market has been segmented on the basis of reactor type into boiling water reactor (BWR), pressurized heavy water reactor(PHWR), fast breeder reactor(FBR), gas-cooled reactor(GCR), and pressurized water reactor. Based on capacity, the nuclear-decommissioning services market has been segmented into up to 800MW, 801-1,000MW, and above 1,000MW. The decommissioning strategy is deferred dismantling, immediate dismantling, and entombment.

Key Factors Impacting Market Growth:

• The high cost of decommissioning
• Accidents and rising political pressure for pre-closure
• Increasing energy demands in developing regions to result in commissioning

Regional Outlook:

The regional outlook for nuclear decommissioning services market provides detailed information for markets including North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World. North America and Western Europe are estimated to be key regions for nuclear decommissioning services market during the forecast period. Being one of the industrialized regions, the energy & power sector is key to the operations of various industries in this region. This is one of the important factors governing the growth of nuclear decommissioning services market in these regions. Some of the major countries covered in this region include US, Germany, UK, France, Italy, Canada, and so on. 

Asia Pacific is estimated one of the fastest growing regions for nuclear decommissioning services market during the forecast period. Some of the fastest growing economies and increasing demand for energy & power to cater high population & industries is expected to drive the demand in this region. China and India are projected to register major demand during the forecast period. Middle East that includes UAE, Saudi Arabia, Iran, Qatar, and others promises high market potential during the forecast period. Rest of the World including South America and Africa are emerging regions in terms of market demand during the forecast period.

Companies Covered: Westinghouse Electric Company, Aecom, Babcock International Group PLC, Onet Technologies, Nuvia Group, EnerconServics, Inc., and SoginS.P.A…

Market Segmentation:

By Reactor Type:

• Boiling Water Reactor
• Pressurized Water Reactor
• Gas Cooled Reactor
• Pressurized Heavy Water Reactor
• Fast Breeder Reactor

By Decommissioning Strategy:

• Deferred Dismantling
• Immediate Dismantling
• Entombment

By Capacity:

• Up to 800MW
• 801-1,000MW
• Above 1,000MW

By Region:

• North America
  • By Country (US, Canada, Mexico)
  • By Rector Type
  • By Decommissioning Strategy
  • By Capacity
• Western Europe
  • By Country (Germany, UK, France, Italy, Spain, Rest of Western Europe)
  • By Rector Type
  • By Decommissioning Strategy
  • By Capacity
• Eastern Europe
  • By Country (Russia, Turkey, Rest of Eastern Europe)
  • By Rector Type
  • By Decommissioning Strategy
  • By Capacity
• Asia Pacific
  • By Country (China, Japan, India, South Korea, Australia, Rest of Asia Pacific)
  • By Rector Type
  • By Decommissioning Strategy
  • By Capacity
• Middle East
  • By Country (UAE, Saudi Arabia, Qatar, Iran, Rest of Middle East)
  • By Rector Type
  • By Decommissioning Strategy
  • By Capacity
• Rest of the World
  • By Region (South America, Africa)
  • By Rector Type
  • By Decommissioning Strategy
  • By Capacity

Reasons To Buy This Report:

• Market size estimation of the global nuclear-decommissioning services market on a regional and global basis
• The unique research design for market size estimation and forecast
• Profiling of major companies operating in the market with key developments
• Broad scope to cover all the possible segments helping every stakeholder in the market

Customization:

We provide customization of the study to meet specific requirements:

• By Segment
• By Sub-segment
• By Region/Country

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