Growth Opportunities in the Global Nuclear Power Industry, 2025-2035

Description

The Growth Opportunities in the Global Nuclear Power Industry study examines global commercial nuclear power development from 2025 to 2035, covering reactors above 10 MWe and the life cycle services supporting the installed fleet. Global installed capacity is projected to grow 23.8%, reaching approximately 477 GW by 2035, with China contributing 65% of net additions and becoming the world’s largest nuclear market. Despite renewed momentum, financing remains the industry’s binding constraint: long construction periods, cost-overrun exposure, and extended payback horizons continue to limit private investment in large greenfield projects. Consequently, near-term capital and commercial opportunities are shifting toward life extension, operations and maintenance, uprates, component replacement, and modernization of aging reactors. SMRs offer a potentially more financeable pathway through lower unit costs, modular construction, and phased deployment, although first-of-a-kind projects will continue to require public support and risk-sharing mechanisms. Meanwhile, AI and hyperscale data centers are emerging as a long-term source of firm, carbon-free electricity demand, initially benefiting existing reactors and later supporting SMR deployment. Based on the ongoing situation, we´ve identified opportunities for original equipment manufacturers and services providers to join in this nuclear power relaunch impacting worldwide. Overall, the most immediate value lies in monetizing and extending the existing fleet while positioning selectively for post-2030 advanced-reactor growth.

Product Code: KCEE-14

Scope and Segmentation

Key Issues Addressed in This Report
Scope of Analysis
Regional Segmentation
Regions in Depth
Key Findings

Strategic Imperatives

Why is it Increasingly Difficult to Grow?
The Strategic Imperative 8TM

The Impact of the Top 3 Strategic Imperatives on the Nuclear Industry

Growth Opportunity Analysis

Growth Drivers
Growth Driver Analysis
Growth Restraints
Growth Restraint Analysis
Revenue Forecast by Region
Global Fleet Overview 2025
Retired Reactor Inventory
Nuclear Aging Fleet
Ageing Fleet at a Crossroad
Reactors in Suspended Operation
New Builds in Particular Countries
Global Nuclear Installed Capacity Outlook-2035
Evolution of Global Nuclear Installed Capacity, 2025–2035
Nuclear Power Additions
Scrutiny of the Evolution of Global Nuclear Installed Capacity
The Challenge of Financing Nuclear Power Projects
Solving Nuclear's Binding Constraint: Financing
New Financing Paradigm
Nuclear & Data Centers
SMRs & AMRs: A Financing-Native Design Response
Future SMRs Deployments
SMRs Global Deployment 2025–2035
SMR Deployment Analysis
Where Value Accrues: Lifecycle & Services
Life Extension: The Fastest, Lowest-Cost Gigawatts
Long Term Operation: Western Europe
Long Term Operation: North America
The Need for Government Support
United States of America, 2025–2035
United Kingdom, 2025–2035
France, 2025–2035
United Arab Emirates, 2025–2035
Egypt, 2025–2035
Poland, 2025–2035
Rethinking Nuclear Phase Out-The Case of Taiwan
Nuclear Industry EPC Competitors Landscape
Key Service Players
Strategic Conclusions of the Competitive Landscape
The 2035 Outlook in One Page
Conclusion: The Market Has Decisively Turned

Growth Opportunity Universe

Growth Opportunity 1: Installed Fleet Renewal & End-of-Life Services
Growth Opportunity 2: SMRs & AMRs: Modular Supply Chain & First-of-a-Kind Enablement
Growth Opportunity 3: Innovative Nuclear Financing & Capital Access Models
Growth Opportunity 4: Government Support, Policy, & Regulatory Momentum for Nuclear Growth
Growth Opportunity 5: Relieving the Supply Chain Bottleneck- Forging, Turbines, Fuel Cycle, & Workforce
Growth Opportunity 6: Digital, Robotics, & Remote Handling: Automating the Nuclear Life Cycle

Appendix & Next Steps

Benefits and Impacts of Growth Opportunities
Next Steps
List of Exhibits
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