The Global Nuclear Decommissioning Services Market estimated at US$5.3 Billion in the year 2020, is projected to reach a revised size of US$7.9 Billion by 2027, growing at a CAGR of 5% over the analysis period 2021-2027.
Nuclear decommissioning is the process by which a nuclear power plant is put out of service and the operating license granted by the Nuclear Regulatory Commission (NRC) is terminated. The NRC is a regulatory body that has established regulations and related guidelines that set out the requirements and processes that companies must follow to ensure that decommissioning is environmentally safe. The decommissioning process aims to reduce the level of residual radioactivity. This is done by dismantling the structure, moving the contaminated material to an appropriate disposal facility, storing the spent fuel until it can be removed from the nuclear power plant site for disposal or safe storage, and releasing the property for other uses. Various companies provide support services for dismantling nuclear power plants. Companies providing decommissioning services require strict safety measures as the area to be decommissioned is under the influence of nuclear radiation. Services provided by the company include decommissioning concepts, decommissioning reports, concomitant controls, post-operational support and assessment of waste packages.
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Market Segments
By Reactor Type
- Pressurized Water Reactor
- Boiling Water Reactor
- Gas-Cooled Reactor
- Other Reactors (which include pressurized heavy water reactor, fast breeder reactor, and light water graphite reactor)
By Strategy
- Immediate Dismantling
- Deferred Dismantling
- Entombment
By Capacity
- Up to 800 MW
- 801 MW-1,000 MW
- Above 1,000 MW
Key Players
- AECOM
- Ansaldo Nuclear Ltd.
- Babcock International Group plc
- EDF-Ciden
- Enercon Services Inc.
- EnergySolutions
- GD Energy Services (GDES)
- Jadrova a vyradovacia spolocnost, a.s
Scope of the Report
The research study analyzes the global Nuclear Decommissioning Services industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Nuclear Decommissioning Services Market is available at: https://www.orionmarketreports.com/nuclear-decommissioning-services-2-market/62659/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Nuclear Decommissioning Services Market Report
1. What was the Nuclear Decommissioning Services Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Nuclear Decommissioning Services Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Nuclear Decommissioning Services Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Nuclear Decommissioning Services market.
- The market share of the global Nuclear Decommissioning Services market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Nuclear Decommissioning Services market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Nuclear Decommissioning Services market.
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