Nuclear Power Plant and Equipment Market by Reactor Type and Equipment Type: Global Opportunity Analysis and Industry Forecast 2021-2030

Table of Contents

Chapter 1: Introduction
1.1. Report Description
1.2. Key Benefits for Stakeholders
1.3. Key Market Segments
1.4. Research Methodology
1.4.1. Secondary Research
1.4.2. Primary Research
1.4.3. Analyst Tools and Models

Chapter 2: Executive Summary
2.1. Key Findings of the Study
2.2. Cxo Perspective

Chapter 3: Market Overview
3.1. Market Definition and Scope
3.2. Key Findings
3.2.1. Top Investment Pockets
3.2.2. Top Winning Strategies
3.3. Porter’S Five Forces Analysis
3.4. Market Dynamics
3.4.1. Drivers
3.4.1.1. Ascend in Energy Demand and Prerequisite of Cleaner Generation of Power
3.4.1.2. Innovative Headways in Nuclear Power Equipment
3.4.2. Restraint
3.4.2.1. Trouble in the Administration of Atomic Waste of Nuclear Waste (Radioactive Waste)
3.4.3. Opportunities
3.4.3.1. Rise in Demand from Apac
3.5. Top Player Positioning, 202
3.5. Impact of Covid-19 on Global Nuclear Power Plant and Equipment Market

Chapter 4: Global Nuclear Power Plant and Equipment Market, by Reactor Type
4.1. Overview
4.1.1. Market Size and Forecast
4.2. Pwr (Pressurized Water Reactor)
4.2.1. Key Market Trends, Growth Factors, and Opportunities
4.2.2. Market Size and Forecast
4.2.3. Market Analysis, by Country
4.3. Phwr (Pressurized Heavy Water Reactor)
4.3.1. Key Market Trends, Growth Factors, and Opportunities
4.3.2. Market Size and Forecast
4.4. Boiling Water Reactor (Bwr)
4.4.1. Key Market Trends, Growth Factors, and Opportunities
4.4.2. Market Size and Forecast
4.4.3. Market Analysis, by Country
4.5. Light Water Graphite Reactor (Lwgr)
4.5.1. Key Market Trends, Growth Factors, and Opportunities
4.5.2. Market Size and Forecast
4.5.3. Market Analysis, by Country
4.6. Gas Cooled Reactor (Gcr)
4.6.1. Key Market Trends, Growth Factors, and Opportunities
4.6.2. Market Size and Forecast
4.6.3. Market Analysis, by Country
4.7. Others
4.7.1. Key Market Trends, Growth Factors, and Opportunities
4.7.2. Market Size and Forecast
4.7.3. Market Analysis, by Country

Chapter 5: Global Nuclear Power Plant and Equipment Market, by Equipment Type
5.1. Overview
5.1.1. Market Size and Forecast
5.2. Island Equipment
5.2.1. Market Size and Forecast
5.2.2. Market Analysis, by Country
5.3. Auxiliary Equipment
5.3.1. Market Size and Forecast
5.3.2. Market Analysis, by CountryChapter 6: Nuclear Power Plant and Equipment Market, by Region
6.1. Overview
6.1.1. Market Size and Forecast
6.2. North America
6.2.1. Key Market Trends, Growth Factors, and Opportunities
6.2.2. Market Size and Forecast by Reactor Type
6.2.3. Market Size and Forecast by Equipment Type
6.2.4. Market Size and Forecast by Country88
6.2.4.1. U. S.
6.2.4.1.1. Market Size and Forecast by Reactor Type
6.2.4.1.2. Market Size and Forecast by Equipment Type
6.2.4.2. Canada
6.2.4.2.1. Market Size and Forecast by Reactor Type
6.2.4.2.2. Market Size and Forecast by Equipment Type
6.2.4.3. Mexico
6.2.4.3.1. Market Size and Forecast by Reactor Type
6.2.4.3.2. Market Size and Forecast by Equipment Type
6.3. Europe
6.3.1. Key Market Trends, Growth Factors, and Opportunities
6.3.2. Market Size and Forecast by Reactor Type
6.3.3. Market Size and Forecast by Equipment Type
6.3.4. Market Size and Forecast by Country
6.3.4.1. France
6.3.4.1.1. Market Size and Forecast by Reactor Type
6.3.4.1.2. Market Size and Forecast by Equipment Type
6.3.4.2. Germany
6.3.4.2.1. Market Size and Forecast by Reactor Type
6.3.4.2.2. Market Size and Forecast by Equipment Type
6.3.4.3. Spain
6.3.4.3.1. Market Size and Forecast by Reactor Type
6.3.4.3.2. Market Size and Forecast by Equipment Type
6.3.4.4. Russia
6.3.4.4.1. Market Size and Forecast by Reactor Type
6.3.4.4.2. Market Size and Forecast by Equipment Type
6.3.4.5. Uk
6.3.4.5.1. Market Size and Forecast by Reactor Type
6.3.4.5.2. Market Size and Forecast by Equipment Type
6.3.4.6. Rest of Europe
6.3.4.6.1. Market Size and Forecast by Reactor Type
6.3.4.6.2. Market Size and Forecast by Equipment Type
6.4. Asia-Pacific
6.4.1. Key Market Trends, Growth Factors, and Opportunities
6.4.2. Market Size and Forecast by Reactor Type
6.4.3. Market Size and Forecast by Equipment Type
6.4.4. Market Size and Forecast by Country
6.4.4.1. Japan
6.4.4.1.1. Market Size and Forecast by Reactor Type
6.4.4.1.2. Market Size and Forecast by Equipment Type
6.4.4.2. China
6.4.4.2.1. Market Size and Forecast by Reactor Type
6.4.4.2.2. Market Size and Forecast by Equipment Type
6.4.4.3. India
6.4.4.3.1. Market Size and Forecast by Reactor Type
6.4.4.3.2. Market Size and Forecast by Equipment Type
6.4.4.4. South Korea
6.4.4.4.1. Market Size and Forecast by Reactor Type
6.4.4.4.2. Market Size and Forecast by Equipment Type
6.4.4.5. Rest of Asia-Pacific
6.4.4.5.1. Market Size and Forecast by Reactor Type
6.4.4.5.2. Market Size and Forecast by Equipment Type
6.5. Lamea
6.5.1. Key Market Trends, Growth Factors, and Opportunities
6.5.2. Market Size and Forecast by Reactor Type
6.5.3. Market Size and Forecast by Equipment Type
6.5.4. Market Size and Forecast by Country
6.5.4.1. Brazil
6.5.4.1.1. Market Size and Forecast by Reactor Type
6.5.4.1.2. Market Size and Forecast by Equipment Type
6.5.4.2. Uae
6.5.4.2.1. Market Size and Forecast by Reactor Type
6.5.4.2.2. Market Size and Forecast by Equipment Type
6.5.4.3. South Africa
6.5.4.3.1. Market Size and Forecast by Reactor Type
6.5.4.3.2. Market Size and Forecast by Equipment Type
6.5.4.4. Rest of LAMEA
6.5.4.4.1. Market Size and Forecast by Reactor Type
6.5.4.4.2. Market Size and Forecast by Equipment Type

Chapter 7: Company Profiles
7.1. Alstom Sa
7.1.1. Company Overview
7.1.2. Company Snapshot
7.1.3. Operating Business Segments
7.1.4. Product Portfolio
7.1.5. Business Performance
7.1.6. Key Strategic Moves and Developments
7.2. Bwx Technologies, Inc.
7.2.1. Company Overview
7.2.2. Company Snapshot
7.2.3. Operating Business Segments
7.2.4. Product Portfolio
7.2.5. Business Performance
7.2.6. Key Strategic Moves and Developments
7.3. Dongfang Electric Co. Ltd.
7.3.1. Company Overview
7.3.2. Company Snapshot
7.3.3. Operating Business Segments
7.3.4. Product Portfolio
7.3.5. Business Performance
7.4. Doosan Corporation
7.4.1. Company Overview
7.4.2. Company Snapshot
7.4.3. Operating Business Segments
7.4.4. Product Portfolio
7.4.5. Business Performance
7.5. General Electric
7.5.1. Company Overview
7.5.2. Company Snapshot
7.5.3. Operating Business Segments
7.5.4. Product Portfolio
7.5.5. Business Performance
7.5.6. Key Strategic Moves and Developments
7.6. Korea Electric Power Corporation
7.6.1. Company Overview
7.6.2. Company Snapshot
7.6.3. Operating Business Segments
7.6.4. Product Portfolio
7.6.5. Business Performance
7.7. Toshiba International Corporation
7.7.1. Company Overview
7.7.2. Company Snapshot
7.7.3. Operating Business Segments
7.7.4. Product Portfolio
7.7.5. Business Performance
7.7.6. Key Strategic Moves and Developments
7.8. Mitsubishi Heavy Industries, Ltd.
7.8.1. Company Overview
7.8.2. Company Snapshot
7.8.3. Operating Business Segments
7.8.4. Product Portfolio
7.8.5. Business Performance
7.8.6. Key Strategic Moves and Developments

7.9. Larsen & Toubro Limited (L&T Piping Center)
7.9.1. Company Overview
7.9.2. Company Snapshot
7.9.3. Operating Business Segments
7.9.4. Product Portfolio
7.9.5. Business Performance
7.10. The State Atomic Energy Corporation
7.10.1. Company Overview
7.10.2. Company Snapshot
7.10.3. Operating Business Segments
7.10.4. Product Portfolio
7.10.5. Business Performance
7.10.6. Key Strategic Moves and Developments

List of Tables
Table 01. Global Nuclear Power Plant and Equipment Market by Reactor Type, 2020-2030, ($Million)
Table 02. Pwr Nuclear Power Plant and Equipment Market by Geography 2020-2030, ($Million)
Table 03. Phwr Nuclear Power Plant and Equipment Market by Geography 2020-2030, ($Million)
Table 04. Bwr Nuclear Power Plant and Equipment Market by Geography 2020-2030, ($Million)
Table 05. Lwgr Nuclear Power Plant and Equipment Market by Geography 2020-2030, ($Million)
Table 06. Gcr Nuclear Power Plant and Equipment Market by Geography 2020-2030, ($Million)
Table 07. Others Nuclear Power Plant and Equipment Market by Geography 2020-2030, ($Million)
Table 08. Global Nuclear Power Plant and Equipment Market by Equipment Type, 2020-2030, ($Million)
Table 09. Island Equipment Nuclear Power Plant and Equipment Market by Geography
2020-2030, ($Million)
Table 10. Auxiliary Equipment Nuclear Power Plant and Equipment Market by Geography
2020-2030, ($Million)
Table 11. Global Nuclear Power Plant and Equipment Market by Region, 2020-2030, ($Million)
Table 12. North America Nuclear Power Plant and Equipment Market by Reactor Type,
2020-2030, ($Million)
Table 13. North America Nuclear Power Plant and Equipment Market by Equipment Type,
2020-2030, ($Million)
Table 14. North America Nuclear Power Plant and Equipment Market by Country, 2020-2030, ($Million)
Table 15. U.S Nuclear Power Plant and Equipment Market Value, by Reactor Type, 2020 - 2030 ($Million)
Table 16. U.S Nuclear Power Plant and Equipment Market by Equipment Type, 2020-2030, ($Million)
Table 17. Canada Nuclear Power Plant and Equipment Market by Reactor Type, 2020-2030, ($Million)
Table 18. Canada Nuclear Power Plant and Equipment Market by Equipment Type, 2020-2030, ($Million)
Table 19. Mexico Nuclear Power Plant and Equipment Market by Reactor Type, 2020-2030, ($Million)
Table 20. Mexico Nuclear Power Plant and Equipment Market by Equipment Type, 2020-2030, ($Million)
Table 21. Europe Nuclear Power Plant and Equipment Market by Reactor Type, 2020-2030, ($Million)
Table 22. Europe Nuclear Power Plant and Equipment Market by Equipment Type, 2020-2030, ($Million)
Table 23. Europe Nuclear Power Plant and Equipment Market by Country, 2020-2030, ($Million)
Table 24. France Nuclear Power Plant and Equipment Market by Reactor Type, 2020-2030, ($Million)
Table 25. France Nuclear Power Plant and Equipment Market by Equipment Type, 2020-2030, ($Million)
Table 26. Germany Nuclear Power Plant and Equipment Market by Reactor Type,
2020-2030, ($Million)
Table 27. Germany Nuclear Power Plant and Equipment Market by Equipment Type,
2020-2030, ($Million)
Table 28. Spain Nuclear Power Plant and Equipment Market by Reactor Type, 2020-2030, ($Million)
Table 29. Spain Nuclear Power Plant and Equipment Market by Equipment Type, 2020-2030, ($Million)
Table 30. Russia Nuclear Power Plant and Equipment Market by Reactor Type, 2020-2030, ($Million)
Table 31. Russia Nuclear Power Plant and Equipment Market by Equipment Type, 2020-2030, ($Million)
Table 32. Uk Nuclear Power Plant and Equipment Market by Reactor Type, 2020-2030, ($Million)
Table 33. Uk Nuclear Power Plant and Equipment Market by Equipment Type, 2020-2030, ($Million)
Table 34. Rest of Europe Nuclear Power Plant and Equipment Market by Reactor Type, 2020-2030, ($Million)
Table 35. Rest of Europe Nuclear Power Plant and Equipment Market by Equipment Type, 2020-2030, ($Million)
Table 36. Asia-Pacific Nuclear Power Plant and Equipment Market by Reactor Type, 2020-2030, ($Million)
Table 37. Asia-Pacific Nuclear Power Plant and Equipment Market by Equipment Type, 2020-2030, ($Million)
Table 38. Asia-Pacific Nuclear Power Plant and Equipment Market by Country, 2020-2030, ($Million)
Table 39. Japan Nuclear Power Plant and Equipment Market by Reactor Type, 2020-2030, ($Million)
Table 40. Japan Nuclear Power Plant and Equipment Market by Equipment Type, 2020-2030, ($Million)
Table 41. China Nuclear Power Plant and Equipment Market by Reactor Type, 2020-2030, ($Million)
Table 42. China Nuclear Power Plant and Equipment Market by Equipment Type, 2020-2030, ($Million)
Table 43. India Nuclear Power Plant and Equipment Market by Reactor Type, 2020-2030, ($Million)
Table 44. India Nuclear Power Plant and Equipment Market by Equipment Type, 2020-2030, ($Million)
Table 45. South Korea Nuclear Power Plant and Equipment Market by Reactor Type, 2020-2030, ($Million)
Table 46. South Korea Nuclear Power Plant and Equipment Market by Equipment Type, 2020-2030, ($Million)
Table 47. Rest of Asia-Pacific Nuclear Power Plant and Equipment Market by Reactor Type, 2020-2030, ($Million)
Table 48. Rest of Asia-Pacific Nuclear Power Plant and Equipment Market by Equipment Type, 2020-2030, ($Million)
Table 49. Lamea Nuclear Power Plant and Equipment Market by Reactor Type, 2020-2030, ($Million)
Table 50. Lamea Nuclear Power Plant and Equipment Market by Equipment Type, 2020-2030, ($Million)
Table 51. Lamea Nuclear Power Plant and Equipment Market by Country, 2020-2030, ($Million)
Table 52. Brazil Nuclear Power Plant and Equipment Market by Reactor Type, 2020-2030, ($Million)
Table 53. Brazil Nuclear Power Plant and Equipment Market by Equipment Type, 2020-2030, ($Million)
Table 54. Uae Nuclear Power Plant and Equipment Market by Reactor Type, 2020-2030, ($Million)
Table 55. Uae Nuclear Power Plant and Equipment Market by Equipment Type, 2020-2030, ($Million)
Table 56. South Africa Nuclear Power Plant and Equipment Market by Reactor Type, 2020-2030, ($Million)
Table 57. South Africa Nuclear Power Plant and Equipment Market by Equipment Type, 2020-2030, ($Million)
Table 58. Rest of LAMEA Nuclear Power Plant and Equipment Market by Reactor Type, 2020-2030, ($Million)
Table 59. Rest of LAMEA Nuclear Power Plant and Equipment Market by Equipment Type, 2020-2030, ($Million)
Table 60. Ge: Company Snapshot
Table 61. Ge: Operating Segments
Table 62. Ge: Product Portfolio
Table 63. Ge: Key Strategic Moves and Developments
Table 64. Alstom Sa: Company Snapshot
Table 65. Mhi: Operating Segments
Table 66. Mhi: Product Portfolio
Table 67. Mhi: Key Strategic Moves and Developments
Table 68. Doosan: Company Snapshot
Table 69. Doosan: Operating Segments
Table 70. Doosan: Product Portfolio
Table 71. Alstom Sa : Company Snapshot
Table 72. Alstom Sa : Operating Segments
Table 73. Alstom Sa : Product Portfolio
Table 74. Toshiba: Company Snapshot
Table 75. Toshiba: Operating Segments
Table 76. Toshiba: Product Portfolio
Table 77. Toshiba: Key Strategic Moves and Developments187
Table 78. Dongfang: Company Snapshot
Table 79. Dongfang: Operating Segments
Table 80. Dongfang: Product Portfolio
Table 81. Rosatom: Company Snapshot
Table 82. Rosatom: Operating Segments
Table 83. Rosatom: Product Portfolio
Table 84. Rosatom: Key Strategic Moves and Developments195
Table 85. Bwx. : Company Snapshot
Table 86. Bwx: Operating Segments
Table 87. Bwx: Product Portfolio
Table 88. Bwx: Key Strategic Moves and Developments
Table 89. Kepco: Company Snapshot
Table 90. Kepco: Operating Segments
Table 91. Kepco: Product Portfolio
Table 92. L&T: Company Snapshot
Table 93. L&T: Operating Segments
Table 94. L&T: Product Portfolio
Table 95. L&T: Key Strategic Moves and Developments

List of Figures
Figure 01. Market Segmentation: Global Nuclear Power Plant and Equipment Market
Figure 02. Top Investment Pockets: Nuclear Power Plant and Equipment Market, by Reactor Type
Figure 03. High Bargaining Power of Suppliers
Figure 04. Low Bargaining Power of Buyers
Figure 05. Low Threat of New Entrants
Figure 06. Low Threat of Substitutes
Figure 07. High Intensity of Competitive Rivalry
Figure 08. Nuclear Power Plant and Equipment Market: Impact Analyses
Figure 09. Top Player Positionng, 2020
Figure 10. Comparative Analysis of Pwr Market, by Country, 2020 & 20230 (%)
Figure 11. Comparative Analysis of Phwr Market, by Country, 2020 & 2030 (%)
Figure 12. Comparative Share Analysis of Bwr Market, by Country, 2020 & 2030 (%)
Figure 13. Comparative Analysis of Lwgr Market, by Country, 2020 & 2030 (%)
Figure 14. Comparative Analysis of Gcr Market, by Country, 2020 & 2030 (%)
Figure 15. Comparative Analysis of Others Market, by Country, 2020 & 2030 (%)
Figure 16. Comparative Analysis of Island Equipment Market, by Country, 2020 & 2030 (%)
Figure 17. Comparative Analysis of Auxiliary Equipment Market, by Country, 2020 & 2030 (%)
Figure 18. Ge: Revenue, 2018-2020 ($ Million)
Figure 19. Ge: Revenue Share by Segment,2020 (%)
Figure 20. Ge: Revenue Share by Geography (%)
Figure 21. Mhi: Revenue, 2018-2020 ($ Million)
Figure 22. Mhi: Revenue Share by Segment, 2020 (%)
Figure 23. Mhi: Revenue Share by Geography, 2020 (%)
Figure 24. Doosan: Revenue, 2018-2020 ($ Million)
Figure 25. Doosan: Revenue Share by Segment, 2020 (%)
Figure 26. Doosan: Revenue Share by Geography, 2020 (%)
Figure 27. Alstom Sa: Revenue, 2018-2020 ($ Million)
Figure 28. Alstom Sa: Revenue Share by Segment, 2020 (%)
Figure 29. Alstom Sa: Revenue Share by Geography, 2020 (%)
Figure 30. Toshiba: Revenue, 2018-2020–2020 ($ Million)
Figure 31. Toshiba: Revenue Share by Segment, 2020 (%)
Figure 32. Toshiba: Revenue Share by Geography, 2020 (%)
Figure 33. Dongfang: Revenue, 2018-2020 ($ Million)
Figure 34. Rosatom: Revenue, 2014–2018-2020 ($ Million)
Figure 35. Bwx: Revenue, 2018-2020 ($ Million)
Figure 36. Bwx: Revenue Share by Segment, 2020 (%)
Figure 37. Bwx: Revenue Share by Geography, 2020 (%)
Figure 38. Kepco: Revenue, 2018-2020 ($ Million)
Figure 39. Kepco: Revenue Share by Segment, 2020 (%)
Figure 40. L&T: Revenue, 2018-2020 ($ Million)
Figure 41. L&T: Revenue Share by Segment, 2020 (%)
Figure 42. L&T: Revenue Share by Geography, 2020 (%)

Executive Summary

According to a new report titled, Nuclear Power Plant and Equipment Market by Reactor Type, Equipment Type and Region: Global Opportunity Analysis and Industry Forecast, 2020-2030, the global nuclear power plant and equipment market size was valued at $41.1 billion in 2020, and is projected to reach $58.4 billion by 2030, with global nuclear power plant and equipment market forecast expected at a CAGR of 3.5% from 2021 to 2030.

Nuclear power plants are differed from fossil power plants mainly in the source of heat for converting water into steam, which is subsequently used to run the turbine and produce electricity. In addition, the source of heat is nuclear fission (or fusion, in future fusion reactors), while in the latter, it is the combustion of the fossil fuels such as coal, oil, or gas. Therefore, the structural materials chosen for nuclear reactors should also meet the requirements of fossil power plants in terms of good creep resistance, oxidation resistance, low-cycle fatigue strength, and thermal conductivity. Moreover, the elements present in the structural materials should also have a low neutron absorption cross-section, that is the probability of neutrons produced in the reactor being absorbed by these elements should be low. Furthermore, the properties of these materials should not degrade under the high levels of radiation that exist in nuclear reactors. Such degradation is generally referred to as radiation damage and includes irradiation embrittlement, irradiation creep, and swelling, helium embrittlement. In addition, nuclear power provides almost 15 %of the world’s electricity and according to the U.S. energy information and administration, as of December 31, 2020, 94 nuclear reactors were operating at 56 nuclear power plants in 28 states. 32 of the plants have 2 reactors, and 3 plants have three reactors. Nuclear power plants have supplied about 20% of total annual U.S. electricity since 1990.

The growth in demand for low-carbon-emission energy and long-life power plants led to an increase in demand for nuclear power plants, and the fast expansion of nuclear power plants created a number of opportunities for nuclear power plant equipment. .

The nuclear power plant and equipment market is segmented on the basis of reactor type, equipment type, and region. On the basis of reactor type, the market is categorized into pressurized water reactor (PWR), pressurized heavy water reactor (PHWR), boiling water reactor (BWR), light water graphite reactor (LWGR), gas cooled reactor (GCR), and others. On the basis of equipment type, it is segmented into island equipment and auxiliary equipment. On the basis of region, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global nuclear power plant and equipment market analysis covers in-depth information about the major industry participants. The key players operating and profiled in the report include BWX Technologies, INC, Dongfang Electric Co., Ltd., Doosan Corporation, General Electric, Korea Electric Power Corporation, Larsen & Toubro Limited, Mitsubishi Heavy Industries, LTD., Shanghai ALSTOM SA, The State Atomic Energy Corporation (ROSATOM), Toshiba International Corporation.

The global nuclear power plant and equipment market is analyzed and estimated in accordance with the impacts of the drivers, restraints, and opportunities. The period studied in this report is 2021–2030. The report includes the study of the market with respect to the growth prospects and restraints based on the regional analysis. The study includes Porter’s Five Forces analysis of the industry to determine the impact of suppliers, competitors, new entrants, substitutes, and buyers on the market growth.

Impact Of Covid-19 On The Global Nuclear Power Plant And Equipment Market

• COVID-19 has impacted various industries due to shut down of different industrial operations and disrupted supply chain. Maximum companies halted their operation due to less workforce However, there is a gradual decline in the equipment segment of the nuclear power plant and equipment market due to the impact of COVID-19
• The electric industry accounted for significant share in terms of consumption during global lockdown. Electricity consumption has grown due to large decreases in services and industry, which have only been partially compensated by rise in household use, which has raised demand for nuclear power plants and equipment
• The COVID-19 pandemic has impacted nuclear power and the nuclear fuel industry on both the supply and demand side. In the short term, the impact is greatest on the supply side for uranium, as various mines and nuclear fuel cycle facilities are suspending operations due to health concerns As a result, the uranium price increased 33% from its lowest point registered in mid-March this 2020
• Demand for nuclear power is directly proportional to the demand for nuclear fuel which was highly impacted due to COVID-19, but not nearly to the same extent as oil due to the nature of underlying demand for electricity versus oil. The Energy Information Administration estimates that the demand for electricity in the U.S. was declined by 3% in 2020. In France, where nearly 75% of electrical generation comes from nuclear energy, electricity demand is projected to decline by 15-20% in 2020 As a result, France’s EDF has already downgraded its nuclear power generation outlook for both 2020 and 2021 by 8-12% less than its pre-pandemic forecasts
• Reactor construction schedules have also been impacted due to COVID-19 issues. China, which accounts for much of the world’s new reactor build, some new reactor projects have been halted temporarily. Reactor construction in the U.S., France, the United Arab Emirates, Bangladesh, and the UK have also been negatively impacted These delays are a function of the reduction of staff at the construction sites and disruptions in the supply chain
• The delay in reactor construction along with the drop in electricity demand negatively affected the nuclear power output in the 2021, but the extent of the impact is uncertain In China, which has the largest new reactor construction program, economic growth has suffered as a result of the COVID-19 pandemic (due to developments on both of the sides of China) and thus the need for new electricity generation has slowed
• The nuclear industry has been taking special measures to cope with the global pandemic, and no country has reported the enforced shutdown of a nuclear power reactor due to the effects of COVID-19 on the workforce or supply chains. This is according to reports from operators and regulators received through the IAEA’s COVID-19 Operational Experience Network (OPEX) and International Reporting System for Operating Experience (IRS) However, the abovementioned point shows that there is a sluggish decline in the nuclear power plant and equipment market

Key Findings Of The Study

• On the basis of reactor type, the pressurized water reactor (PWR) segment emerged as the global leader in 2020 and is anticipated to be the largest markets during the forecast period
• On the basis of equipment type, the auxiliary equipment segment emerged as the global leader in 2020 and is anticipated to be the largest markets during the forecast period
• On the basis of region, the Asia-Pacific registered the highest market share and is projected to maintain the same during the forecast period

Companies Mentioned

• BWX Technologies, INC
• Dongfang Electric Co., Ltd.
• Doosan Corporation
• General Electric
• Korea Electric Power Corporation
• Larsen & Toubro Limited
• Mitsubishi Heavy Industries, LTD.
• Shanghai ALSTOM SA
• The State Atomic Energy Corporation (ROSATOM)
• Toshiba International Corporation.

Methodology

The analyst offers exhaustive research and analysis based on a wide variety of factual inputs, which largely include interviews with industry participants, reliable statistics, and regional intelligence. The in-house industry experts play an instrumental role in designing analytic tools and models, tailored to the requirements of a particular industry segment. The primary research efforts include reaching out participants through mail, tele-conversations, referrals, professional networks, and face-to-face interactions.

They are also in professional corporate relations with various companies that allow them greater flexibility for reaching out to industry participants and commentators for interviews and discussions.

They also refer to a broad array of industry sources for their secondary research, which typically include; however, not limited to:

• Company SEC filings, annual reports, company websites, broker & financial reports, and investor presentations for competitive scenario and shape of the industry
• Scientific and technical writings for product information and related preemptions
• Regional government and statistical databases for macro analysis
• Authentic news articles and other related releases for market evaluation
• Internal and external proprietary databases, key market indicators, and relevant press releases for market estimates and forecast

Furthermore, the accuracy of the data will be analyzed and validated by conducting additional primaries with various industry experts and KOLs. They also provide robust post-sales support to clients.