Global Nuclear Decommissioning Service Market Overview:
Nuclear decommissioning refers to the process whereby a nuclear facility is dismantled to the point. The presence of radioactive material necessitates processes that are potentially occupationally hazardous, time extensive, expensive and present environment risk that must be addressed to ensure radioactive materials are either transported elsewhere for storage. Some of the key players profiled in the study are Areva Group (France), Babcock International (United Kingdom), Studsvik (Sweden), AECOM (United States) and Westinghouse Electric (United States).
On the basis of geography, the market of Nuclear Decommissioning Service has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Capacity, the sub-segment i.e. Below 100 MW will boost the Nuclear Decommissioning Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Strategy, the sub-segment i.e. Immediate Dismantling will boost the Nuclear Decommissioning Service market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Accidents and Rising Political Pressure for Pre Closure
Market Trend
- International Cooperation for Nuclear Safety
- Use of Robotics in Decommissioning Services
Restraints
- High Cost of Decommissioning
Opportunities
- Aging Nuclear Power Plants
Challenges
Major Objectives Focused through this Study
To define, describe, and forecast the Global Nuclear Decommissioning Service market on the basis of product [Pressurized Water Reactor, Pressurized Heavy Water Reactor, Boiling Water Reactor, Gas Cooled Reactor, Fast Breeder Reactor and Other Reactors] , application [Immediate Dismantling, Deferred Dismantling and Entombment], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Nuclear Decommissioning Service market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Nuclear Decommissioning Service industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Manufacturers which are also part of the research are .
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Nuclear Decommissioning Service market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. Top-down and bottom-up approaches have been used to determine the overall market size. Sizes of the other individual markets have been estimated using the percentage splits obtained through secondary sources such as Hoovers, Bloomberg BusinessWeek, and Dow Jones (Factiva), along with primary respondents. The complete methodology includes the study of the annual and financial reports of the key market players and extensive interviews with industry experts such as CEOs, VPs, directors, and marketing executives for key insights (both qualitative and quantitative) related to the market.