Nuclear Power and Equipment Market worth $67.23 Billion by 2019, According to a New Study on ASDReports

Wednesday 10 September 2014, Amsterdam

The report, now available on ASDReports, "Nuclear Power Plant and Equipment Market by Reactor Type (PWR, PHWR, BWR, HTGR, FBR etc.), by Equipment Type (Island Equipment and Auxiliary Equipment) & Geography - Global Trends & Forecast to 2019", defines and segments the nuclear power market with analysis and forecasts of the global revenue. The global nuclear power and equipment market is estimated to grow from over $56.86 Billion in 2014 to nearly $67.23 Billion by 2019, at a CAGR ofover 3.41%.

Increased demand for new energy sources and requirement for cleaner sources of energy drive the need for nuclear equipment. Currently Asia-Pacific is the largest market for nuclear energy with the largest number of nuclear power plants in the world. This market is growing at a very high growth rate and will maintain its position until 2019. North America holds the second position in the market; however, Africa is one of the emerging markets in the nuclear industry. The rising need for electricity generationis resulting in an increasing number of nuclear power plants globally.

The report analyzes and projects the nuclear power market by type, and geography. The nuclear market by type includes the types of nuclear reactors namely PWR and Others (including BWR, PHWR, ABWR, EPR, CAREM, HTGR, AES 2006, AES 91, AES 92, KLT 405, SVBR 100, ACC 1000, CPR 1000, FBR and mPower). The nuclear equipment market comprise of the two basic types of power plant equipment units namely, Island equipment (Primary unit) and Auxiliary equipment (Secondary unit). The market by geography includes Asia-Pacific, Europe, Americas, and the Rest of the World.

The report also includes market share, supply chain and value chain analyses, Porters five force analysis, and market metrics such as drivers, restraints, burning issues, winning imperative, and opportunities. In addition, it presents a competitive landscape and company profiles of 10 key players in the market that include major companies, which provide nuclear power plant equipment manufacturers.