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The small modular reactor market is forecasted to grow by USD 1.81 billion during 2024-2029, accelerating at a CAGR of 5.2% during the forecast period. The report on the small modular reactor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by investments in smr development, growth of renewable energy sector, and focus on decarbonization objectives.
The small modular reactor market is segmented as below:
By Capacity
- 300 MW
- 300-500 MW
By Application
- Utility
- Industrial
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the small modular reactor market covers the following areas:
- Small Modular Reactor Market sizing
- Small Modular Reactor Market forecast
- Small Modular Reactor Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Capacity
300 MW - Market size and forecast 2024-2029
9 Market Segmentation by Application
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global small modular reactor market: AtkinsRealis Group Inc, Fluor Corp., General Atomics, GE Vernova Inc., Holtec International, KAIROS POWER LLC, MoltexFLEX Ltd., Rolls Royce Holdings PLC, Seaborg Technologies APS, State Atomic Energy Corp. Rosatom, TERRAPOWER LLC, Terrestrial Energy Inc., ThorCon, ULTRA SAFE NUCLEAR, Westinghouse Electric Co. LLC, and X Energy LLC.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is advances in smr technology."
According to the report, one of the major drivers for this market is the investments in SMR development.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AtkinsRealis Group Inc
- Fluor Corp.
- General Atomics
- GE Vernova Inc.
- Holtec International
- KAIROS POWER LLC
- MoltexFLEX Ltd.
- Rolls Royce Holdings Plc
- Seaborg Technologies ApS
- State Atomic Energy Corp. Rosatom
- TERRAPOWER LLC
- Terrestrial Energy Inc.
- ThorCon
- ULTRA SAFE NUCLEAR
- Westinghouse Electric Co. LLC
- X Energy LLC