Nuclear Power Plant Market By Reactor Type (Fast Breeder Reactor (FBR), High Temperature Gas-Cooled Reactor (HTGR), Pressurized Heavy Water Reactor (PHWR), Pressurized Water Reactor (PWR), Boiling Water Reactor (BWR) and Other Reactor Types) and Equipment Type (Auxiliary Equipment and Island Equipment) - Global Industry Analysis And Forecast To 2025
The nuclear power generation plant could be a kind of the power plant which creates power utilizing the heat generated from the atomic reactions. The reactions go on in the reactor. The plant moreover has machines that expel the heat from the reactor to function a turbine operating on steam and generator to create power. The power generated by these power plants is known as the nuclear power. These power plants are more often close to the water to evacuate the heat generated from the reactor. A few of these power plants utilize the cooling towers to carry out this process. These power plants utilize the uranium as a source of fuel. When the reactor runs on, the uranium molecules interior the reactor part into two littler molecules. When the uranium molecules part, they provide off an expansive sum of heat. This process of parting of the molecules is known as fission. Therefore, the Nuclear Power Plant Market is anticipated to expand and has tremendous scope during the forecast period. The global Nuclear Power Plant Market anticipated to flourish in the future by growing at a significantly higher CAGR.
Based on Reactor Type the market is segmented into Fast Breeder Reactor (FBR), High Temperature Gas-Cooled Reactor (HTGR), Pressurized Heavy Water Reactor (PHWR), Pressurized Water Reactor (PWR), Boiling Water Reactor (BWR) and Other Reactor Types. The Pressurized Water Reactor (PWR) section is leading the market due to more stability provided for high temperatures which makes the operation of plant easy.
Based on Equipment Type the market is segmented into Auxiliary Equipment and Island Equipment. The Auxiliary Equipment section is leading the market due to the major role it plays in the safety of operation also it has many applications in the nuclear power plant.
The Asia Pacific region is leading the global Nuclear Power Plant Market due to factors like rising demand for the power requirement in this region, also to reduce the chronic smog due to burning of fossil fuels for energy production of energy, etc.
Nuclear Power Plant Market, By Region
Rest of Europe
Rest of Asia-Pacific
Rest of South America
Middle East and Africa
Rest of MEA
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Shanghai Electric Group Co. Ltd.
Mitsubishi Heavy Industries Ltd.
Larsen & Toubro Limited
BWX Technologies Inc.
Dongfang Electric Corp. Ltd.
ROSATOM (ROSATOM State Atomic Energy Corporation)
Korea Electric Power Corporation
Some of the key questions answered by the report are:
What was the market size in 2014 and forecast from 2015 to 2025?
What will be the industry market growth from 2015 to 2025?
What are the major drivers, restraints, opportunities, challenges, and industry trends and their impact on the market forecast?
What are the major segments leading the market growth and why?
Which are the leading players in the market and what are the major strategies adopted by them to sustain the market competition?