The global nuclear power plant and equipment market accounted for $36,484 million in 2017 and is expected to generate revenue of $49,038 million by 2025, growing at a CAGR of 3.7% from 2018 to 2025.

Increased demand for nuclear power plants in developing countries and rise in need to produce clean energy have boosted the growth of the global nuclear power plant and equipment market. However, high initial cost of nuclear power equipment hampers the market growth. On the contrary, countries in the Middle East have been focusing on developing the nuclear energy infrastructure, which in turn would offer lucrative opportunities for the market players in future.

PWR Reactor Type to Manifest Highest Demand:
The PWR reactor type segment held the largest market share in 2017, contributing more than two-thirds of the total market. Moreover, the segment is expected to register the fastest CAGR of 4.0% during the forecast period, as these reactors are stable even at higher temperature and are easy to operate. The report also discusses several reactor types such as PHWR, BWR, HTGR, FBR, and others.

To Explore More, Make Purchase Enquiry: https://www.alliedmarketresearch.com/purchase-enquiry/970

Auxiliary Equipment to Witness Fastest Growth:
The auxiliary equipment segment is the major revenue contributor as well as the fastest growing segment in the market, as it plays a crucial role in safe operations and has a wide range of applications in a nuclear plant. In 2017, the segment held more than three-fourths share of the market and is expected to register the fastest CAGR of 3.9% during the study period. On the other hand, the island equipment segment would witness
gradual growth through 2025.

Asia-Pacific to be Lucrative through 2025:
Asia-Pacific contributed about half of the total share in 2017, owing to the increased demand for electricity and power outages in the region. Moreover, increasing incidence of chronic smog in countries such as India and China are expected to boost the demand for cleaner energy alternatives such as nuclear power. Thus, the Asia-Pacific region is expected to register the fastest CAGR of 4.5% during the forecast period. The other regions discussed in the report are North America, Europe, and LAMEA.

Download Sample Report @ https://www.alliedmarketresearch.com/request-sample/970

Key Market Players:
The leading companies profiled in the report are Shanghai Electric Group Co., Ltd., Larsen & Toubro Limited., Dongfang Electric Corp. Ltd., Toshiba, Doosan Corporation, General Electric, Mitsubishi Heavy Industries, Ltd., BWX Technologies, Inc., ROSATOM (ROSATOM State Atomic Energy Corporation), and Korea Electric Power Corporation.

Similar Reports:
Solar Photovoltaic (PV) Panels Market Expected to Reach $307,204 Million by 2023
Thermal Energy Storage Market Anticipated to Grow $8,862 Million by 2023
Caribbean Islands Bunker Fuel Market Projected to Reach $16,404 Million by 2023

About Us:
Allied Market Research (AMR) is a full-service market research and business consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

Contact:
David Correa
5933 NE Win Sivers Drive
#205, Portland, OR 97220
United States
USA/Canada (Toll Free):
+1-800-792-5285, +1-503-894-6022, +1-503-446-1141
UK: +44-845-528-1300
Hong Kong: +852-301-84916
India (Pune): +91-20-66346060
Fax: +1(855)550-5975
[email protected]
Web: https://www.alliedmarketresearch.com