Nuclear Decommissioning Market to Grow at 14.1% CAGR to 2018 Says a New Research Report at ReportsnReports.com

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Nov 25, 2014, 06:30 ET

Dallas, Texas (PRWEB) November 25, 2014 -- The process of dismantling a nuclear power plant so that it does not need any radiation protection is known as nuclear decommissioning. Nuclear decommissioning involves the removal of radioactive material and demolition of the power plant site so that radioactive contamination is at very low levels. After a nuclear plant is decommissioned through thorough clean-up, the site can be used for other purposes. Increase in nuclear accidents around the world has created serious issues about the safety of nuclear reactors as well as its impact on the environment. This is expected to cause an increase in nuclear reactor shutdowns in the future. With increase in shutdowns of nuclear plants, there is huge market for the global nuclear decommissioning industry. Some of the biggest challenges in the growth of the nuclear decommissioning market are meeting the stringent regulatory standards of nuclear waste disposal and the radiation. The global market for nuclear decommissioning is estimated to grow at a compound annual growth rate of 14.1% during the period from 2013 to 2018.

The global nuclear decommissioning market can be segmented according to geographical areas and reactor type - BWR (boiling water reactor), PHWR (pressurized heavy-water reactor), and PWR (pressurized water reactor).

Key players in the global nuclear decommissioning market are Babcock International Group PLC, Westinghouse Electric, Studsvik, Areva, and URS. Other important companies in the industry are Onet Technologies, Nuclear Engineering Services, Energy Solutions, Nuvia Group, Sellafield and Nuclear Decommissioning Services. A number of nuclear shutdowns are expected in the coming years, particularly in Europe. In fact, Switzerland, Germany and Belgium have plans of phasing out nuclear power in the future. Nuclear accidents like those at Chernobyl in Ukraine and Fukushima in Japan have led to an increase in nuclear reactor shutdowns. Nuclear disasters which cause radiation exposure and substantial harm to humans and environment are driving the dismantling of nuclear reactors around the world.

This report package provides an in-depth analysis of nuclear decommissioning market which includes key market drivers, growth prospects, key vendors operating in the nuclear decommissioning market, growth rate, market size and forecast, drivers, key market trends, growth platforms, product offerings, challenges and restraints, opportunities and threats, and strengths and weaknesses of the major vendors. The global nuclear decommissioning market can be segmented according to reactor type and geographical areas.

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List of Exhibits:
Exhibit 1: Market Research Methodology
Exhibit 2: The Nuclear Decommissioning Life Cycle Process
Exhibit 3: Global Nuclear Decommissioning Market 2013-2018 (US$ billion)
Exhibit 4: Global Nuclear Decommissioning Market 2013-2018 (GW)
Exhibit 5: Global Nuclear Decommissioning Market by Reactor Type 2013-2018 (GW)
Exhibit 6: Global Nuclear Decommissioning Market by Reactor Type 2013-2018 (units)
Exhibit 7: Nuclear Decommissioning Market for PWR, by Capacity (GW) and Revenue (US$ billion) 2013-2018
Exhibit 8: Nuclear Decommissioning Market for PHWR, by Capacity (GW) and Revenue (US$ billion) 2013-2018
Exhibit 9: Nuclear Decommissioning Market for BWR, by Capacity (GW) and Revenue (US$ billion) 2013-2018
Exhibit 10: Global Nuclear Decommissioning Market: Geographical Segmentation 2013 Versus 2018
Exhibit 11: Global Nuclear Decommissioning Market: Geographical Segmentation 2013-2018
Exhibit 12: Nuclear Decommissioning Market in the EMEA, by Capacity (GW) and Revenue (US$ billion) 2013-2018
Exhibit 13: Nuclear Decommissioning Market in the Americas, by Capacity (GW) and Revenue (US$ billion) 2013-2018
Exhibit 14: Expected Nuclear Shutdown in the Americas, 2014-2018
Exhibit 15: Nuclear Decommissioning Market in APAC region, by Capacity (GW) and Revenue (US$ billion) 2013-2018
Exhibit 16: Half-life of Radioactive Waste Isotopes
Exhibit 17: Radiation Exposure Risks
Exhibit 18: Nuclear Phase-out Timeline for Belgium, Germany and Switzerland, 2014-2035 (GW)
Exhibit 19: Nuclear Phase-out Timeline for Belgium, Germany and Switzerland, 2014-2035 (GW)

Other Related Report
Nuclear Decommissioning Market in Europe 2014-2018 - Analysts forecast the Nuclear Decommissioning market in Europe to grow at a CAGR of 43.1 percent over the period 2013-2018.

Key Vendors: Areva, Babcock International, Studsvik, URS, Westinghouse Electric

Other Prominent Vendors: EnergySolutions, Nuclear Decommissioning Services, Nuclear Engineering Services, Nuvia Group and Onet Technologies.

Explore other new reports on Energy and Power and other industry report by Infiniti Research Limited .

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Ritesh Tiwari, Reports and Reports, http://www.reportsnreports.com/, +1 (888) 391-5441, [email protected]