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Nuclear Decommissioning Services Market by Reactor Type and Geography - Forecast and Analysis 2020-2024

Nuclear Decommissioning Services Market by Reactor Type and Geography - Forecast and Analysis 2020-2024

Published: Dec 2020 120 Pages SKU: IRTNTR45622

The nuclear decommissioning services market size is expected to grow by 5,627.33 MW and record a CAGR of 13% during 2020-2024.

This post-pandemic global nuclear decommissioning services market report has assessed the shift in consumer behaviour and has identified and explored the upcoming trends and drivers that the vendors can capitalize on to support prompt business decisions. In this nuclear decommissioning services market analysis report, key drivers such as shutdown of nuclear plants have been discussed with emerging growth regions, which will offer immense business opportunities. Our analysts have also identified challenges such as price challenge associated with decommissioning, which will impede market growth. With these insights, the vendors can recreate their plan of action to obtain growth opportunities in the future.

What will the Nuclear Decommissioning Services Market Size be in 2020?

Nuclear-Decommissioning-Services-Market-Market-Size-2019-2024

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Who are the Key Vendors in the Nuclear Decommissioning Services Market?

The nuclear decommissioning services market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles include information on the production, competitive landscape, sustainability, and prospects of the leading companies includng:

 

  • AECOM
  • Ansaldo Energia Spa
  • Babcock International Group Plc
  • Bechtel Corp.
  • General Electric Co.
  • Holtec International
  • Jadrova a vyradovacia spolocnost AS
  • NorthStar Group Services Inc.
  • Orano SA
  • VEOLIA ENVIRONNEMENT SA

 

The nuclear decommissioning services market is fragmented and the vendors are deploying various growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

This nuclear decommissioning services market report further entails segmentations by Geography (Europe, North America, APAC, MEA, and South America) and Type (PWR, BWR, and Others). View our sample report to gather market insights on the segmentations.

To make the most of the opportunities, vendors should focus on fast-growing segments, while maintaining their positions in the slow-growing segments. Fetch actionable market insights on post COVID-19 impact on each product and service segments.

 

Which are the Key Regional Markets for Nuclear Decommissioning Services Market?

Nuclear-Decommissioning-Services-Market-Market-Share-by-Region-2019-2024

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The report offers an up-to-date analysis of the geographical composition of the market. Europe had the largest market share in the nuclear decommissioning services market in 2020, and the region will offer several growth opportunities to market vendors during the forecast period. The change in regulations due to nuclear reactor accidents will significantly influence biofuels market growth in this region. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

73% of the market’s growth will originate from Europe during the forecast period. France and Japan are the key markets for nuclear decommissioning services market in the region. This report provides estimations of the contribution of all regions to the growth of the nuclear decommissioning services market size.

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Europe Nuclear Decommissioning Services market - The market share from 2021 to 2026 is USD 5.78 billion at a progressing CAGR of 10.19%. 

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What are the Key Factors Covered in this Nuclear Decommissioning Services Market Report?

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will drive nuclear decommissioning services market growth during the next five years
  • Precise estimation of the nuclear decommissioning services market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the nuclear decommissioning services market industry across Europe, North America, APAC, MEA, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of nuclear decommissioning services market vendors

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Nuclear Decommissioning Services Market Scope

Report Coverage

Details

Page number

120

Base year

2019

Forecast period

2020-2024

Growth momentum & CAGR

Accelerate at a CAGR of 13%

Market growth 2020-2024

5,627.33 MW

Market structure

Fragmented

YoY growth (%)

8.12

Regional analysis

Europe, North America, APAC, MEA, and South America

Performing market contribution

Europe at 73%

Key consumer countries

France, US, Russian Federation, Canada, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

AECOM, Ansaldo Energia Spa, Babcock International Group Plc, Bechtel Corp., General Electric Co., Holtec International, Jadrova a vyradovacia spolocnost AS, NorthStar Group Services Inc., Orano SA, and VEOLIA ENVIRONNEMENT SA

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Table of Contents not available.

Research Methodology

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape

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Frequently Asked Questions

Nuclear Decommissioning Services market growth will increase by 5627.33 MW during 2019-2024.

The Nuclear Decommissioning Services market is expected to grow at a CAGR of 12.71% during 2019-2024.

Nuclear Decommissioning Services market is segmented by Other1( PWR, BWR, Others) Geographic( Europe, North America, APAC, MEA, South America)

AECOM, Ansaldo Energia Spa, Babcock International Group Plc, Bechtel Corp., General Electric Co., Holtec International, Jadrova a vyradovacia spolocnost AS, NorthStar Group Services Inc., Orano SA, VEOLIA ENVIRONNEMENT SA are a few of the key vendors in the Nuclear Decommissioning Services market.

Europe will register the highest growth rate of 72.98% among the other regions. Therefore, the Nuclear Decommissioning Services market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.

France, US, Russian Federation, Canada, Japan

  • Shutdown of nuclear plants is the driving factor this market.

The Nuclear Decommissioning Services market vendors should focus on grabbing business opportunities from the PWR segment as it accounted for the largest market share in the base year.