PUBLISHER: Grand View Research | PRODUCT CODE: 1751467
PUBLISHER: Grand View Research | PRODUCT CODE: 1751467
The global nuclear power plant equipment market size was estimated at USD 21.52 billion in 2024 and is projected to grow at a CAGR of 3.4% from 2025 to 2030. This growth is attributed to the adoption of low-carbon energy sources to combat climate change, the increasing energy needs of rapidly developing economies, and the modernization and life extension of existing nuclear power plants.
In addition, growing advancements in nuclear technology, including small modular reactors (SMRs) and next-generation reactors, promise enhanced safety, efficiency, and lower costs, further driving the adoption of nuclear energy. This growth is also fueled by governmental policies and incentives aimed at reducing greenhouse gas emissions and ensuring energy security.
Global Nuclear Power Plant Equipment Market Report Segmentation
This report forecasts revenue growth at regional & country levels and provides an analysis of the industry trends in each of the segments from 2018 to 2030. For this study, Grand View Research has segmented the global nuclear power plant equipment market based on carrier, reactor, and region: