Nuclear Decommissioning Market Size, Share Global Analysis Report, 2023 – 2030

Industry Insights

[188+ Pages Report] According to the report published by Facts Factors, the global nuclear decommissioning market size was worth around USD 6,500 million in 2022 and is predicted to grow to around USD 9,500 million by 2030 with a compound annual growth rate (CAGR) of roughly 5.57% between 2023 and 2030. The report analyzes the global nuclear decommissioning market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the nuclear decommissioning market.

This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the Nuclear Decommissioning industry. The report analyzes and declares the historical and current trends analysis of the Nuclear Decommissioning industry and subsequently recommends the projected trends anticipated to be observed in the Nuclear Decommissioning market during the upcoming years.

The Nuclear Decommissioning market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Nuclear Decommissioning market. The historical and past insights are provided for FY 2020 to FY 2022 whereas projected trends are delivered for FY 2023 to FY 2030. The quantitative and numerical data is represented in terms of value (USD Million) from FY 2020 – 2030.

Key Insights from Primary Research

• According to the primary CXO’s of the global Nuclear Decommissioning market, the market is estimated to witness a substantial growth of nearly 5.57% over the forecast period.
• The market was valued at USD 6,500 million, in 2022 and is expected to be valued over USD 9,500 million, by 2030
• On the basis of the type segment, Pressurized Water Reactor (PWR) dominated the global Nuclear Decommissioning market in 2022. In terms of revenue, it accounted for more than a 30% share of the total market in 2022.
• Asia Pacific market is expected to be the fastest goring region for Nuclear Decommissioning over the forecast period owing to growing Government initiatives.
• By geography, the North America region headed the market with a share of above 31%, in 2022.

Key Recommendations from Analysts

• Higher prevalence of nuclear war, technological advances, and government initiatives are major factors that are expected to drive the development of this market in the near future.
• The strategic developments such as regional expansion, product innovations and on-going research and developments by the major companies such as AECOM, Rosatom, Studsvik, AREVA SA, etc. is likely to boom the market’s growth over the up-coming years.
• Our analysts recommend that the Asia Pacific region is predicted to witness a significant growth attributed to the growing demand for Nuclear Decommissioning from China and India.       
• Expansion of nuclear decomissioning companies especially in emerging market is antipicated to fuel the demand for Nuclear Decommissioning in the developing regions over the forthcoming years.
• Strengthening the distribution channel and growing availability of nuclear decommissioning service may also help the major player to cater the lucrative growth of the market over the years to come.

The quantitative data is further underlined and reinforced by comprehensive qualitative data which comprises various across-the-board market dynamics. The rationales which directly or indirectly impact the Nuclear Decommissioning industry are exemplified through parameters such as growth drivers, restraints, challenges, and opportunities among other impacting factors.

Throughout our research report, we have encompassed all the proven models and tools of industry analysis and extensively illustrated all the key business strategies and business models adopted in the Nuclear Decommissioning industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the Nuclear Decommissioning market.

The report utilizes established industry analysis tools and models such as Porter’s Five Forces framework to analyze and recognize critical business strategies adopted by various stakeholders involved in the entire value chain of the Nuclear Decommissioning industry. The Nuclear Decommissioning market report additionally employs SWOT analysis and PESTLE analysis models for further in-depth analysis.

The report study further includes an in-depth analysis of industry players' market shares and provides an overview of leading players' market position in the Nuclear Decommissioning sector. Key strategic developments in the Nuclear Decommissioning market competitive landscape such as acquisitions & mergers, inaugurations of different products and services, partnerships & joint ventures, MoU agreements, VC & funding activities, R&D activities, and geographic expansion among other noteworthy activities by key players of the Nuclear Decommissioning market are appropriately highlighted in the report.

The Nuclear Decommissioning market research report delivers an acute valuation and taxonomy of the Nuclear Decommissioning industry by practically splitting the market on the basis of different types, category and regions. Through the analysis of the historical and projected trends, all the segments and sub-segments were evaluated through the bottom-up approach, and different market sizes have been projected for FY 2023 to FY 2030.

The regional segmentation of the Nuclear Decommissioning industry includes the complete classification of all the major continents including North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. Further, country-wise data for the Nuclear Decommissioning industry is provided for the leading economies of the world.

Stringent policy regulations are required to upgrade or digitize nuclear facilities, so that the staff involved can recognize and promote changes in reactor infrastructure without delay. This might eventually lead to increased demand for nuclear decommissioning services. The firm's insistence on the use of robots in the field of high-warning radiation is also expected to fuel potential developments in the global market. Acceptance of emerging developments in digitisation of nuclear power plants, however, is one of the key phenomena on the world market. Huge R&D spending could also fuel the future market for nuclear decommissioning services.

The Nuclear Decommissioning market is segmented based on type and region. On the basis of type segmentation, the market is classified into Boiling Water Reactor (BWR),Pressurized Water Reactor (PWR) and others.

Report Scope

Some of the leading players in the global market include

• AECOM
• Rosatom
• Studsvik
• AREVA SA
• EDF-Ciden
• Westinghouse Electric
• NDA
• EnergySolutions
• Javys
• Babcock International Group

The taxonomy of the Nuclear Decommissioning industry by its scope and segmentation is as follows:

By Type Segmentation Analysis

• Boiling Water Reactor (BWR)
• Pressurized Water Reactor (PWR)
• Antipsychotics Drugs
• Others

By Regional Segmentation Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • Germany
  • The UK
  • France
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa