×

Nuclear Decommissioning Service Market Size, Share, Trends, Growth Outlook

Nuclear Decommissioning Service Market Size, Share, Trends, Growth Outlook, and Opportunities to 2030- By Type (Pressurized Water Reactor, Pressurized Heavy Water Reactor, Boiling Water Reactor, Gas Cooled Reactor, Fast Breeder Reactor, Others), Application (Immediate Dismantling, Deferred Dismantling, Entombment), Capacity (Below 100 MW, 100 to 1000 MW, Above 1000 MW), Process (Immediate Dismantling, Deferred Dismantling, Entombment), Countries and Companies Report

  • Home
  • Energy & Power
  • Nuclear Decommissioning Service Market
  • |Published Month : February, 2024
  • |No. of Pages : 185

The global Nuclear Decommissioning Service Market Size is estimated to increase at a CAGR of 6.2% during the forecast period from 2024 to 2030.



The Nuclear Decommissioning Service Market research report provides a detailed analysis of diverse segments across 6 regions and 25 countries including Type (Pressurized Water Reactor, Pressurized Heavy Water Reactor, Boiling Water Reactor, Gas Cooled Reactor, Fast Breeder Reactor, Others), Application (Immediate Dismantling, Deferred Dismantling, Entombment), Capacity (Below 100 MW, 100 to 1000 MW, Above 1000 MW), Process (Immediate Dismantling, Deferred Dismantling, Entombment).

 

An Introduction to Nuclear Decommissioning Service Markets in 2024

Productivity, technology enablement, and sustainability remain the key market-driving forces in the global Nuclear Decommissioning Service industry landscape. Companies that invest in that supply chain and operational resiliency are poised to gain a competitive edge over other market players. The global energy investments are set to increase from around $1,652 Billion in 2024 to $2845 Billion in 2040. As the world is making steady progress towards net zero, energy security, affordability, and industrial competitiveness remain key focus areas of most Nuclear Decommissioning Service companies. The Nuclear Decommissioning Service demand trajectory varies based on multiple scenarios, from macroeconomic conditions, regulatory support, investment scenarios, and the global landscape. Decision makers across the Nuclear Decommissioning Service industry value chain formulating long-term transition strategies with a diverse range of future scenarios are likely to stay ahead of the competition curve.

 

Nuclear Decommissioning Service Market Trends:

In the nuclear decommissioning service market, there's a trend towards safe and efficient decommissioning of nuclear facilities worldwide. Innovations in robotics, decontamination techniques, and waste management strategies are prevalent trends. Additionally, the adoption of nuclear decommissioning services for aging nuclear plants, radioactive waste disposal, and site remediation is gaining traction. Moreover, advancements in decommissioning methodologies, regulatory compliance, and radiation monitoring technologies are shaping the market.

 

Nuclear Decommissioning Service Market Drivers:

Key drivers stimulating the nuclear decommissioning service market include the aging nuclear infrastructure, regulatory requirements for safe decommissioning, and public safety concerns. Decommissioning services offer advantages such as environmental remediation, risk mitigation, and safe handling of radioactive materials, driving their adoption in the nuclear industry. Moreover, technological advancements in remote handling equipment, decontamination processes, and waste disposal techniques contribute significantly to market growth.

 

Nuclear Decommissioning Service Market Opportunities:

Opportunities in the nuclear decommissioning service market lie in expanding decommissioning capabilities and promoting safer, cost-effective decommissioning solutions. Collaboration among decommissioning service providers, nuclear regulatory bodies, and waste management companies offers significant growth prospects. Moreover, investing in research and development for innovative decommissioning technologies, robotics applications, and radioactive waste minimization can unlock new avenues for market expansion. Exploring emerging markets with decommissioning needs and promoting the benefits of efficient nuclear decommissioning for environmental protection can further drive market growth and facilitate the adoption of nuclear decommissioning services.

 

Nuclear Decommissioning Service Market Segmentation

Nuclear Decommissioning Services involve the safe dismantling and decontamination of nuclear facilities or reactors at the end of their operational life. These services encompass various activities such as radioactive waste management, dismantling structures, and environmental remediation to ensure safe and secure decommissioning.

Type
• Pressurized Water Reactor
• Pressurized Heavy Water Reactor
• Boiling Water Reactor
• Gas Cooled Reactor
• Fast Breeder Reactor
• Others

Application
• Immediate Dismantling
• Deferred Dismantling
• Entombment

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

Process
• Immediate Dismantling
• Deferred Dismantling
• Entombment

 

By Region

• North America (United States, Canada, Mexico)

• Europe (Germany, France, United Kingdom, Spain, Italy, Others)

• Asia Pacific (China, India, Japan, South Korea, Australia, Others)

• Latin America (Brazil, Argentina, Others)

• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

 

Nuclear Decommissioning Service Market Companies

• AECOM Technology Corporation
• Babcock International Group PLC
• Orano Group
• Studsvik AB
• Westinghouse Electric Company LLC



Reasons to Buy the Nuclear Decommissioning Service Market Study

• Deepen your industry insights and navigate uncertainties for strategy formulation, CAPEX, and Operational decisions
• Gain access to detailed insights on the Nuclear Decommissioning Service market, encompassing current market size, growth trends, and forecasts till 2030.
• Access detailed competitor analysis, enabling competitive advantage through a thorough understanding of market players, strategies, and potential differentiation opportunities
• Stay ahead of the curve with insights on technological advancements, innovations, and upcoming trends
• Identify lucrative investment avenues and expansion opportunities within the Nuclear Decommissioning Service industry, guided by robust, data-backed analysis.
• Understand regional and global markets through country-wise analysis, regional market potential, regulatory nuances, and dynamics
• Execute strategies with confidence and speed through information, analytics, and insights on the industry value chain
• Corporate leaders, strategists, financial experts, shareholders, asset managers, and governmental representatives can make long-term planning scenarios and build an integrated and timely understanding of market dynamics
• Benefit from tailored solutions and expert consultation based on report insights, providing personalized strategies aligned with specific business needs.

TABLE OF CONTENTS

1 INTRODUCTION TO 2024 Nuclear Decommissioning Service MARKETS
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain

2 RESEARCH METHODOLOGY
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations

3 EXECUTIVE SUMMARY
3.1 Global Nuclear Decommissioning Service Market Size Outlook, $ Million, 2021 to 2030
3.2 Nuclear Decommissioning Service Market Outlook by Type, $ Million, 2021 to 2030
3.3 Nuclear Decommissioning Service Market Outlook by Product, $ Million, 2021 to 2030
3.4 Nuclear Decommissioning Service Market Outlook by Application, $ Million, 2021 to 2030
3.5 Nuclear Decommissioning Service Market Outlook by Key Countries, $ Million, 2021 to 2030

4 MARKET DYNAMICS
4.1 Key Driving Forces of Nuclear Decommissioning Service Industry
4.2 Key Market Trends in Nuclear Decommissioning Service Industry
4.3 Potential Opportunities in Nuclear Decommissioning Service Industry
4.4 Key Challenges in Nuclear Decommissioning Service Industry
5 MARKET FACTOR ANALYSIS
5.1 Competitive Landscape
5.1.1 Global Nuclear Decommissioning Service Market Share by Company
5.1.2 Product Offerings by Company
5.2 Porter’s Five Forces Analysis

6 GROWTH OUTLOOK ACROSS SCENARIOS
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts

7 GLOBAL Nuclear Decommissioning Service MARKET OUTLOOK BY SEGMENTS
7.1 Nuclear Decommissioning Service Market Outlook by Segments
Type
- Pressurized Water Reactor
- Pressurized Heavy Water Reactor
- Boiling Water Reactor
- Gas Cooled Reactor
- Fast Breeder Reactor
- Others

Application
- Immediate Dismantling
- Deferred Dismantling
- Entombment

Capacity
- Below 100 MW
- 100 -1000 MW
- Above 1000 MW

Process
- Immediate Dismantling
- Deferred Dismantling
- Entombment


8 NORTH AMERICA Nuclear Decommissioning Service MARKET ANALYSIS AND OUTLOOK TO 2030
8.1 Introduction to North America Nuclear Decommissioning Service Markets in 2024
8.2 North America Nuclear Decommissioning Service Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Nuclear Decommissioning Service Market size Outlook by Segments, 2021-2030
Type
- Pressurized Water Reactor
- Pressurized Heavy Water Reactor
- Boiling Water Reactor
- Gas Cooled Reactor
- Fast Breeder Reactor
- Others

Application
- Immediate Dismantling
- Deferred Dismantling
- Entombment

Capacity
- Below 100 MW
- 100 -1000 MW
- Above 1000 MW

Process
- Immediate Dismantling
- Deferred Dismantling
- Entombment


9 EUROPE Nuclear Decommissioning Service MARKET ANALYSIS AND OUTLOOK TO 2030
9.1 Introduction to Europe Nuclear Decommissioning Service Markets in 2024
9.2 Europe Nuclear Decommissioning Service Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Nuclear Decommissioning Service Market size Outlook by Segments, 2021-2030
Type
- Pressurized Water Reactor
- Pressurized Heavy Water Reactor
- Boiling Water Reactor
- Gas Cooled Reactor
- Fast Breeder Reactor
- Others

Application
- Immediate Dismantling
- Deferred Dismantling
- Entombment

Capacity
- Below 100 MW
- 100 -1000 MW
- Above 1000 MW

Process
- Immediate Dismantling
- Deferred Dismantling
- Entombment


10 ASIA PACIFIC Nuclear Decommissioning Service MARKET ANALYSIS AND OUTLOOK TO 2030
10.1 Introduction to Asia Pacific Nuclear Decommissioning Service Markets in 2024
10.2 Asia Pacific Nuclear Decommissioning Service Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Nuclear Decommissioning Service Market size Outlook by Segments, 2021-2030
Type
- Pressurized Water Reactor
- Pressurized Heavy Water Reactor
- Boiling Water Reactor
- Gas Cooled Reactor
- Fast Breeder Reactor
- Others

Application
- Immediate Dismantling
- Deferred Dismantling
- Entombment

Capacity
- Below 100 MW
- 100 -1000 MW
- Above 1000 MW

Process
- Immediate Dismantling
- Deferred Dismantling
- Entombment


11 SOUTH AMERICA Nuclear Decommissioning Service MARKET ANALYSIS AND OUTLOOK TO 2030
11.1 Introduction to South America Nuclear Decommissioning Service Markets in 2024
11.2 South America Nuclear Decommissioning Service Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Nuclear Decommissioning Service Market size Outlook by Segments, 2021-2030
Type
- Pressurized Water Reactor
- Pressurized Heavy Water Reactor
- Boiling Water Reactor
- Gas Cooled Reactor
- Fast Breeder Reactor
- Others

Application
- Immediate Dismantling
- Deferred Dismantling
- Entombment

Capacity
- Below 100 MW
- 100 -1000 MW
- Above 1000 MW

Process
- Immediate Dismantling
- Deferred Dismantling
- Entombment


12 MIDDLE EAST AND AFRICA Nuclear Decommissioning Service MARKET ANALYSIS AND OUTLOOK TO 2030
12.1 Introduction to Middle East and Africa Nuclear Decommissioning Service Markets in 2024
12.2 Middle East and Africa Nuclear Decommissioning Service Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Nuclear Decommissioning Service Market size Outlook by Segments, 2021-2030
Type
- Pressurized Water Reactor
- Pressurized Heavy Water Reactor
- Boiling Water Reactor
- Gas Cooled Reactor
- Fast Breeder Reactor
- Others

Application
- Immediate Dismantling
- Deferred Dismantling
- Entombment

Capacity
- Below 100 MW
- 100 -1000 MW
- Above 1000 MW

Process
- Immediate Dismantling
- Deferred Dismantling
- Entombment


13 COMPANY PROFILES
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
- AECOM Technology Corporation
- Babcock International Group PLC
- Orano Group
- Studsvik AB
- Westinghouse Electric Company LLC


14 APPENDIX
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise

Nuclear Decommissioning Service Market Segmentation

Nuclear Decommissioning Services involve the safe dismantling and decontamination of nuclear facilities or reactors at the end of their operational life. These services encompass various activities such as radioactive waste management, dismantling structures, and environmental remediation to ensure safe and secure decommissioning.

Type
• Pressurized Water Reactor
• Pressurized Heavy Water Reactor
• Boiling Water Reactor
• Gas Cooled Reactor
• Fast Breeder Reactor
• Others

Application
• Immediate Dismantling
• Deferred Dismantling
• Entombment

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

Process
• Immediate Dismantling
• Deferred Dismantling
• Entombment

 

By Region

• North America (United States, Canada, Mexico)

• Europe (Germany, France, United Kingdom, Spain, Italy, Others)

• Asia Pacific (China, India, Japan, South Korea, Australia, Others)

• Latin America (Brazil, Argentina, Others)

• Middle East and Africa (Saudi Arabia, UAE, Kuwait, Other Middle East, South Africa, Nigeria, Other Africa)

Frequently Asked Questions