Global Nuclear Decommissioning Market, By Reactor Type (Pressurized Water Reactor, Pressurized Heavy Water Reactor, Boiling Water Reactor, Gas Cooled Reactor, Fast Breeder Reactor, and Other Reactors), By Capacity (Below 100 MW, 100 - 1000 MW, and Above 1000 MW), By Application (Commercial Power Reactor, Prototype Power Reactor, and Research Reactor), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2030

Report Code: PMI405020 | Publish Date: May 2023 | No. of Pages: 170

Global Nuclear Decommissioning Market By Overview

Nuclear decommissioning is the process in which a nuclear facility is segregated to the point that it no longer requires measures for radiation protection. Decommissioning is an administrative and technical process. Decommissioning also includes progressive demolition of the facility and clean-up of radioactive materials. Once a facility is fully decommissioned, no longer the danger of radiological can be detected.

Drivers and Restraints:

The nuclear reactor reaching operational retirement is the driving factor for the growth of the global market. For instance, in 2016, four nuclear power reactors achieved grid connection of capacity with a total capacity of 3373 MW (e) and five units were permanently shut down of capacity 3025 MW (e). Additionally, nuclear energy is the renewable source of energy making nuclear uneconomical which is another propelling factor for the growth of the target market. For instance, the government of South Korea has been promising to stop develop more renewables and to stop nuclear expansions. However, the renewable source of the energy which is used to make nuclear power is uneconomical is the major restraining factor for the growth of the target market.

Segmentation:

The global nuclear decommissioning market is segmented based on reactor type, capacity, application, and region.

Based on the reactor type, the target market is segmented into the pressurized water reactor, pressurized heavy water reactor, boiling water reactor, gas-cooled reactor, fast breeder reactor, and other reactors. Based on capacity, the global market is classified below 100 MW, 100 - 1000 MW, and above 1000 MW. Based on application, the target market is bifurcated into a commercial power reactor, prototype power reactor, and research reactor

Based on the region the global nuclear decommissioning market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The market in North America region is the dominating region in the nuclear decommissioning market because the United States is the world’s largest nuclear power producer, and more than 30% of worldwide nuclear generation of electricity. For instance, in 2017, in the United States, the 99 nuclear reactors were operating commercially in the nuclear power plant.

Key Players:                                                                                                  

The key players operating the global nuclear decommissioning market involves Babcock International Group PLC, James Fisher & Sons PLC, North Star Group Services, Inc., Fluor Corporation, GE Hitachi Nuclear Services, Studsvik AB, WS Atkins Plc, Enercon Services, Inc., AECOM, and Bechtel Group, Inc. Prominent players operating in the target market are focusing on strategic partnerships as well as the launching of the products to gain a competitive edge in the target market. For instance, in 2017, Babcock International Group PLC secured a 10 years contract to provide nuclear- decommissioning services for Sellafield’s site in the United Kingdom.

Detailed Segmentation:

Global Nuclear Decommissioning Market, By Reactor Type:

  • Pressurized Water Reactor
  • Pressurized Heavy Water Reactor
  • Boiling Water Reactor
  • Gas-Cooled Reactor
  • Fast Breeder Reactor
  • Other Reactors

Global Nuclear Decommissioning Market, By Capacity:

  • Below 100 MW
  • 100 - 1000 MW
  • Above 1000 MW  

Global Nuclear Decommissioning Market, By Application:

  • Commercial Power Reactor
  • Prototype Power Reactor
  • Research Reactor

Global Nuclear Decommissioning Market, By Region:

      • North America
        • North America Nuclear Decommissioning Market, By Reactor Type
        • North America Nuclear Decommissioning Market, By Capacity
        • North America Nuclear Decommissioning Market, By Application
        • North America Nuclear Decommissioning Market, By Country
          • U.S.
          • Canada
      • Europe
        • Europe Nuclear Decommissioning Market, By Reactor Type
        • Europe Nuclear Decommissioning Market, By Capacity
        • Europe Nuclear Decommissioning Market, By Application
        • Europe Nuclear Decommissioning Market, By Country
          • Germany
          • UK
          • France
          • Russia
          • Italy
          • Rest of Europe
      • Asia Pacific
        • Asia Pacific Nuclear Decommissioning Market, By Reactor Type
        • Asia Pacific Nuclear Decommissioning Market, By Capacity
        • Asia Pacific Nuclear Decommissioning Market, By Application
        • Asia Pacific Nuclear Decommissioning Market, By Country
          • China
          • India
          • Japan
          • South Korea
          • Rest of Asia Pacific
      • Latin America
        • Latin America Nuclear Decommissioning Market, By Reactor Type
        • Latin America Nuclear Decommissioning Market, By Capacity
        • Latin America Nuclear Decommissioning Market, By Application
        • Latin America Nuclear Decommissioning Market, By Country
          • Brazil
          • Mexico
          • Rest of Latin America
      • Middle East & Africa
        • Middle East & Africa Nuclear Decommissioning Market, By Reactor Type
        • Middle East & Africa Nuclear Decommissioning Market, By Capacity
        • Middle East & Africa Nuclear Decommissioning Market, By Application
        • Middle East & Africa Nuclear Decommissioning Market, By Country
          • GCC
          • Israel
          • South Africa
          • Rest of Middle East & Africa

Company Profile:

  • Babcock International Group PLC
        • Company Overview 
        • Product Portfolio
        • Key Highlights
        • Financial Performance
        • Business Strategy
  • James Fisher & Sons PLC
  • NorthStar Group Services, Inc.
  • Fluor Corporation
  • GE Hitachi Nuclear Services
  • Studsvik AB
  • WS Atkins Plc
  • Enercon Services, Inc.
  • AECOM
  • Bechtel Group, Inc.

 “*” marked represents similar segmentation in other categories in the respective section

Global Nuclear Decommissioning Market By Table of Contents

  1. Research Objective and Assumption
    • Preface
    • Research Objectives
    • Study Scope
    • Years Considered for the study
    • Assumptions
    • Abbreviations
  2. Research Methodology
    • Research data
    • Primary Data
      • Primary Interviews
      • Primary Breakdown
      • Key data from Primary Sources
      • Key Industry Insights
    • Secondary Data
      • Major Secondary Sources
      • Secondary Sources
    • Market Estimation
    • Top-Down Approach
      • Approach for estimating Market Share by Top-Down Analysis (Supply Side)
    • Bottom-Up Approach
      • Approach for estimating market share by Bottom-up Analysis (Demand Side)
    • Market Breakdown and Data Triangulation
    • Research Assumptions
  3. Market Purview
    • Executive Summary
    • Key Findings—Global Outlook for Nuclear Decommissioning Strategies
      • Key Questions this Study will Answer
      • Market Snippet, By Reactor Type
      • Market Snippet, By Capacity
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Opportunity Map Analysis
    • Executive Summary—3 Big Predictions
  4. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • Market Opportunities
      • Market Trends
    • DR Impact Analysis
    • PEST Analysis
    • Porter’s Five Forces Analysis
    • Opportunity Orbit
    • Market Investment Feasibility Index
    • Macroeconomic Factor Analysis
  5. Global Nuclear Decommissioning Market, By Reactor Type, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Pressurized Water Reactor
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Pressurized Heavy Water Reactor
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Boiling Water Reactor
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Gas-Cooled Reactor
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Fast Breeder reactor
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Other Reactors
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  6. Global Nuclear Decommissioning Market, By Capacity, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Below 100 MW
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • 100- 1000 MW
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Above 1000 MW
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  7. Global Nuclear Decommissioning Market, By Application, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Segment Trends
    • Commercial Power Reactor
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Prototype Power Reactor
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
    • Research Reactor
      • Overview
      • Market Size and Forecast (US$ Mn), and Y-o-Y Growth (%), 2020 – 2030
  8. Global Nuclear Decommissioning Market, By Region, 2020 – 2030, (US$ Mn)
    • Overview
      • Market Value and Forecast (US$ Mn), and Share Analysis (%), 2020 – 2030
      • Y-o-Y Growth Analysis (%), 2020 – 2030
      • Regional Trends
    • North America
      • Market Size and Forecast (US$ Mn), By Reactor Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Capacity, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • U.S.
        • Canada
    • Europe
      • Market Size and Forecast (US$ Mn), By Reactor Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Capacity, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Germany
        • UK
        • France
        • Russia
        • Italy
        • Rest of Europe
    • Asia Pacific
      • Market Size and Forecast (US$ Mn), By Reactor Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Capacity, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • China
        • India
        • Japan
        • South Korea
        • Rest of Asia Pacific
    • Latin America
      • Market Size and Forecast (US$ Mn), By Reactor Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Capacity, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • Brazil
        • Mexico
        • Rest of Latin America
    • Middle East & Africa
      • Market Size and Forecast (US$ Mn), By Reactor Type, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Capacity, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Application, 2020 – 2030
      • Market Size and Forecast (US$ Mn), By Country, 2020 – 2030
        • GCC
        • Israel
        • South Africa
        • Rest of Middle East
  9. Competitive Landscape
    • Heat Map Analysis
    • Market Presence and Specificity Analysis
  10. Company Profiles
    • Babcock International Group PLC
      • Company Overview
      • Product Portfolio
      • Key Highlights
      • Financial Performance
      • Business Strategy
    • James Fisher & Sons PLC
    • NorthStar Group Services, Inc.
    • Fluor Corporation
    • GE Hitachi Nuclear Services
    • Studsvik AB
    • WS Atkins Plc
    • Enercon Services, Inc.
    • AECOM
    • Bechtel Group, Inc.
  11. The Last Word
    • Future Impact
    • About Us
    • Contact

FAQs

The nuclear decommissioning market is segmented into reactor type, capacity, application, and region.

Several factors contribute to the growth of the Nuclear Decommissioning Market, including increased focus on renewable energy sources, regulatory requirements, and technological advancements in decommissioning processes.

The global Nuclear Decommissioning Market faces challenges such as high costs associated with decommissioning activities, regulatory complexities, and public concerns regarding nuclear waste disposal.

The report considers North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The Asia Pacific region is expected to dominate the Nuclear Decommissioning Market, with a significantly high estimated revenue share over the forecast period.

The key players operating in the target market include James Fisher & Sons PLC, NorthStar Group Services, Inc., Fluor Corporation, GE Hitachi Nuclear Services, Studsvik AB, WS Atkins Plc, Enercon Services, Inc., AECOM, and Bechtel Group, Inc.