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Nuclear valves Market Size, Share Global Analysis Report, 2020–2026
Nuclear valves Market By Type (Globe Valve, Ball Valve, Butterfly Valves, Gate Valves, Diaphragm Valves, and Others) and By Application (NuclearIsland, Convention Island, Balance of Plant): Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecast 2020–2026
Industry Insights
According to the report published by Facts & Factors, the global Nuclear valves Market size was worth around USD 1631 million in 2019 and is predicted to grow around USD 2800 million by 2026 with a compound annual growth rate (CAGR) of roughly 8% between 2020 and 2026. The report analyzes the global Nuclear valves 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 valves Market.
This specialized and expertise oriented industry research report scrutinizes the technical and commercial business outlook of the nuclear valve industry. The report analyzes and declares the historical and current trends analysis of the nuclear valve industry and subsequently recommends the projected trends anticipated to be observed in the nuclear valve market during the upcoming years.
The Nuclear valve 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 valve market. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The quantitative and numerical data is represented in terms of both volume (Units) and value (USD Million) from FY 2016 – 2026.
Key Insights from Primary Research
- As per our primary respondents, the nuclear valves market is set to grow at a rate of around 8%
- It was established through the primary interview that the nuclear valve market was valued at around USD 1650 Million in 2019.
- Europe is presently holding the largest revenue share among all the regions and is further expected to maintain its position throughout the forecast period.
- The “globe valve” category, on the basis of product type, is the leading revenue-generating category over the past years.
- On the basis of application segmentation, the “nuclear island” application holds the major market share.
Key Recommendations from Analysts
- As per our analysts, the global nuclear valve market is expected to grow significantly over the forecast period.
- The strategic and competitive advantage provided by the globe valve is anticipated to be the key factor driving this market globally
- Our team of analysts has identified, rising investment in renewable energy may hinder the growth of the market.
- In recent years, an increase in the capacity of the existing nuclear power plant is driving the market.
- Overall, the global nuclear valve market has the potential to grow owing to its investment in light water small modular reactors.
Nuclear Valves Production Share – By Region
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 valve 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 valve industry. The report provides an all-inclusive and detailed competitive landscape prevalent in the nuclear valve 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 valve industry. The nuclear valve 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 valve sector. Key strategic developments in the nuclear valve 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 valve market are appropriately highlighted in the report.
An increase in the capacities of nuclear plants owing to renovation and up-gradation of existing plants is fueling the demand of nuclear valves. In addition, strong production series of reactors are also contributing to the growth of the market as valves are mostly used in reactors. Although the demand for nuclear valves is high, the continuous increase in the price of the nuclear valve components is hindering the growth of the market globally.
Market participants are massively investing in light water small modular reactors (SMRs). The modular reactors will require nuclear valves. Thereby, it has been indicated that the high demand for nuclear valves will boost the nuclear valve market over the forecast period.
The nuclear valve market research report delivers an acute valuation and taxonomy of the nuclear valve industry by practically splitting the market on the basis of different types, applications, 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 2020 to FY 2026. The regional segmentation of the nuclear valve 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 valve industry is provided for the leading economies of the world.
The nuclear valve market is segmented based on type and application. On the basis of type segmentation, the market is classified into globe valve, ball valve, butterfly valves, gate valves, diaphragm valves, among others. In terms of application segmentation, the market is bifurcated into the nuclear island, convention island, and balance of plant.
Report Scope
Report Attribute |
Details |
Market Size in 2019 |
USD 1631 Million |
Projected Market Size in 2026 |
USD 2800 Million |
CAGR Growth Rate |
8% CAGR |
Base Year |
2019 |
Forecast Years |
2020-2026 |
Key Market Players |
Copes-Vulcan, IMI Nuclear, Henry Pratt, Daher-Vanatome, KSB, Emerson, Toa Valve Engineering Inc., Babcock Valves, Neway Valve Suzhou, BNL Industries, Jiangsu Shentong Valve, Shanghai Lianggong Valve Factory Co., Ltd., and others. |
Key Segment |
By Type , Application, and Region |
Major Regions Covered |
North America, Europe, Asia Pacific, Latin America, and the Middle East &, Africa |
Purchase Options |
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Some of the essential players operating in the nuclear valve market, but not restricted to include
- Vulcan
- IMI Nuclear
- Henry Pratt
- Daher-Vanatome
- KSB
- Emerson
- Toa Valve Engineering Inc.
- Babcock Valves
- Neway Valve Suzhou
- BNL Industries
- Jiangsu Shentong Valve
- Shanghai Lianggong Valve Factory Co. Ltd.
The taxonomy of the nuclear valve market by its scope and segmentation is as follows:
Global Nuclear Valves Market: By Type Segment Analysis
- Globe Valve
- Ball Valve
- Butterfly Valves
- Gate Valves
- Diaphragm Valves
- Others
Global Nuclear Valves Market: By Application Segment Analysis
- Nuclear Island
- Convention Island
- Balance of Plant
Regional Segment 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
Table of Content
Industry Major Market Players
- Vulcan
- IMI Nuclear
- Henry Pratt
- Daher-Vanatome
- KSB
- Emerson
- Toa Valve Engineering Inc.
- Babcock Valves
- Neway Valve Suzhou
- BNL Industries
- Jiangsu Shentong Valve
- Shanghai Lianggong Valve Factory Co. Ltd.
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