Nuclear Power Plant Equipment Market by Equipment Type, Installation Areas, Application, End-user

Description

List of Tables

The Global Nuclear Power Plant Equipment Market is forecasted to grow significantly, with a projected USD 17.37 billion in 2023 at a CAGR of 4.07% and expected to reach a staggering USD 23.15 billion by 2030.

The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Nuclear Power Plant Equipment Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

This research report categorizes the Global Nuclear Power Plant Equipment Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Equipment Type, market is studied across Control Rod, Decommissioning Equipment, Fuel Storage Rack, Heat Exchangers, Nuclear Fuel Handling Equipment, Pressure Vessels & Tanks, Reactor Type, Steam Generators, Transformer, and Turbine. The Reactor Type is further studied across Boiling Water Reactor, Fast Neutron Reactor, Gas-Cooled Reactor, Light Water Graphite Reactor, Pressurized Heavy Water Reactor, and Pressurized Water Reactor. The Reactor Type commanded largest market share of 19.45% in 2022, followed by Steam Generators.

Based on Installation Areas, market is studied across Auxiliary Equipment and Island Equipment. The Auxiliary Equipment commanded largest market share of 57.88% in 2022, followed by Island Equipment.

Based on Application, market is studied across District Heating & Heat for Industrial Processes, Electricity, Hydrogen Production, and Seawater Desalination. The Electricity commanded largest market share of 58.34% in 2022, followed by Seawater Desalination.

Based on End-user, market is studied across Aftermarket and OEM. The OEM commanded largest market share of 74.56% in 2022, followed by Aftermarket.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 39.45% in 2022, followed by Americas.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Global Nuclear Power Plant Equipment Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Nuclear Power Plant Equipment Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Nuclear Power Plant Equipment Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Nuclear Power Plant Equipment Market?

4. What is the competitive strategic window for opportunities in the Global Nuclear Power Plant Equipment Market?

5. What are the technology trends and regulatory frameworks in the Global Nuclear Power Plant Equipment Market?

6. What is the market share of the leading vendors in the Global Nuclear Power Plant Equipment Market?

7. What modes and strategic moves are considered suitable for entering the Global Nuclear Power Plant Equipment Market?

Product Code: MRR-F611BFBC613F

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Nuclear Power Plant Equipment Market, by Equipment Type, 2022 vs 2030
4.3. Nuclear Power Plant Equipment Market, by Installation Areas, 2022 vs 2030
4.4. Nuclear Power Plant Equipment Market, by Application, 2022 vs 2030
4.5. Nuclear Power Plant Equipment Market, by End-user, 2022 vs 2030
4.6. Nuclear Power Plant Equipment Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Significant surge in demand for clean and renewable energy generation
  - 5.1.1.2. Favorable government initiatives to increase development of clean energy
  - 5.1.1.3. Wide utilization of pressurized water reactor owing to enhanced safety and efficiency
- 5.1.2. Restraints
  - 5.1.2.1. Concerns regarding high cost and long duration of nuclear plant construction
- 5.1.3. Opportunities
  - 5.1.3.1. Introduction of automated and technologically advanced nuclear power plant equipment
  - 5.1.3.2. Growing adaptation of small grid systems in emerging economies
- 5.1.4. Challenges
  - 5.1.4.1. Complex regulatory approvals with greater cost for security
5.2. Market Trends
5.3. Cumulative Impact of COVID-19
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework
5.9. Client Customization

6. Nuclear Power Plant Equipment Market, by Equipment Type

6.1. Introduction
6.2. Control Rod
6.3. Decommissioning Equipment
6.4. Fuel Storage Rack
6.5. Heat Exchangers
6.6. Nuclear Fuel Handling Equipment
6.7. Pressure Vessels & Tanks
6.8. Reactor Type
- 6.8.1. Boiling Water Reactor
- 6.8.2. Fast Neutron Reactor
- 6.8.3. Gas-Cooled Reactor
- 6.8.4. Light Water Graphite Reactor
- 6.8.5. Pressurized Heavy Water Reactor
- 6.8.6. Pressurized Water Reactor
6.9. Steam Generators
6.10. Transformer
6.11. Turbine

7. Nuclear Power Plant Equipment Market, by Installation Areas

7.1. Introduction
7.2. Auxiliary Equipment
7.3. Island Equipment

8. Nuclear Power Plant Equipment Market, by Application

8.1. Introduction
8.2. District Heating & Heat for Industrial Processes
8.3. Electricity
8.4. Hydrogen Production
8.5. Seawater Desalination

9. Nuclear Power Plant Equipment Market, by End-user

9.1. Introduction
9.2. Aftermarket
9.3. OEM

10. Americas Nuclear Power Plant Equipment Market

10.1. Introduction
10.2. Argentina
10.3. Brazil
10.4. Canada
10.5. Mexico
10.6. United States

11. Asia-Pacific Nuclear Power Plant Equipment Market

11.1. Introduction
11.2. Australia
11.3. China
11.4. India
11.5. Indonesia
11.6. Japan
11.7. Malaysia
11.8. Philippines
11.9. Singapore
11.10. South Korea
11.11. Taiwan
11.12. Thailand
11.13. Vietnam

12. Europe, Middle East & Africa Nuclear Power Plant Equipment Market

12.1. Introduction
12.2. Denmark
12.3. Egypt
12.4. Finland
12.5. France
12.6. Germany
12.7. Israel
12.8. Italy
12.9. Netherlands
12.10. Nigeria
12.11. Norway
12.12. Poland
12.13. Qatar
12.14. Russia
12.15. Saudi Arabia
12.16. South Africa
12.17. Spain
12.18. Sweden
12.19. Switzerland
12.20. Turkey
12.21. United Arab Emirates
12.22. United Kingdom

13. Competitive Landscape

13.1. FPNV Positioning Matrix
13.2. Market Share Analysis, By Key Player
13.3. Competitive Scenario Analysis, By Key Player
- 13.3.1. Merger & Acquisition
  - 13.3.1.1. Vistra to Create "Vistra Vision," a Leading Zero-Carbon Generation and Retail Platform, Through the Acquisition of Energy Harbor
  - 13.3.1.2. GE Signs an Exclusive Agreement to Sell Part of Steam Power's Nuclear Activities to EDF
- 13.3.2. Agreement, Collaboration, & Partnership
  - 13.3.2.1. MHI Completes Development of Second-Generation "EX ROVR" Explosion-Proof Plant Inspection Robot Market Launch This Month under "ASCENT" Product Name
- 13.3.3. Investment & Funding
  - 13.3.3.1. Tennessee Valley Authority, Ontario Power Generation, and Synthos Green Energy Invest in Development of GE Hitachi Small Modular Reactor Technology
  - 13.3.3.2. UK Space Agency backs Rolls-Royce nuclear power for Moon exploration
  - 13.3.3.3. Biden admin offers $1.2 bln for distressed, shut nuclear plants
  - 13.3.3.4. X-energy Announces Strategic Investment from DL E&C and Doosan Enerbility to Advance the Deployment of the Xe-100 Generation IV Advanced Small Modular Reactor
- 13.3.4. Award, Recognition, & Expansion
  - 13.3.4.1. BWXT Awarded Engineering Contract from GE Hitachi for BWRX-300 Small Modular Reactor
  - 13.3.4.2. GSE Solutions to Upgrade Olkiluoto Nuclear Power Plant Simulators
  - 13.3.4.3. MHI Delivers First Pump for Hinkley Point C Nuclear Power Plant in UK

14. List of Company Mentioned

15. Appendix

15.1. Discussion Guide
15.2. License & Pricing

1. ALFA LAVAL

2. Ansaldo Energia S.p.A.

3. ATB GROUP S.p.A.

4. Babcock Power Inc.

5. Baker Hughes Company

6. BWX Technologies, Inc.

7. COMECER S.p.A.

8. Curtiss-Wright Corporation

9. Diakont

10. DONGFANG BOILER CO., LTD.

11. Doosan Enerbility Co., Ltd.

12. Duke Energy Corporation

13. Emerson Electric Co.

14. Ensa

15. Framatome

16. Fuji Electric Co., Ltd.

17. GESMEX Exchangers GmbH

18. Godrej & Boyce Manufacturing Company Limited

19. Hitachi-GE Nuclear Reactor

20. Holtec International

21. IMC Distributors

22. Konecranes

23. Korea Electric Power Corporation (KEPCO)

24. Larsen & Toubro Limited

25. Marubeni Utility Services, Ltd.

26. Mirion Technologies, Inc.

27. Mitsubishi Heavy Industries, Ltd.

28. Mutares SE & Co. KGaA

29. Nucleonova S.L.

30. NuScale Power, LLC

31. Ontario Power Generation Inc.

32. Purolite Corporation

33. Shanghai Electric Nuclear Power Group Co., Ltd.

34. Southern Company

35. STENFLEX Rudolf Stender GmbH

36. Taylor Devices, Inc.

37. TE Connectivity Ltd.

38. Tennessee Valley Authority

39. TerraPower, LLC.

40. The Japan Steel Works, LTD.

41. Tokyo Electric Power Company Holdings, Inc.

42. Toshiba Corporation

43. Westinghouse Electric Company LLC

44. Wartsila Corporation

45. X Energy, LLC