Energy and Power Nuclear Decommissioning Services Market

Nuclear Decommissioning Services Market by New Trends
and Global Developments 2018 to 2021
The report "Nuclear Decommissioning Services Market by Reactor Type (PWR, BWR, &
GCR), Strategy (Immediate Dismantling, Deferred Dismantling, and Entombment), Capacity
(Up to 800 MW, 801 MW-1,000 MW, and Above 1,000 MW), and Region - Global Forecast
to 2021", The nuclear decommissioning services market is projected to grow from an estimated
USD 4.84 Billion in 2016 to USD 8.55 Billion by 2021, at a CAGR of 12.1% from 2016 to 2021.
Factors such as nuclear accidents and rising political pressure for pre-closure of nuclear power
plants are driving the market.
Browse 65 market data Tables and 41 Figures spread through 134 Pages and in -depth TOC
on "Nuclear Decommissioning Services Market by Reactor Type (PWR, BWR, & GCR),
Strategy (Immediate Dismantling, Deferred Dismantling, and Entombment), Capacity (Up
to 800 MW, 801 MW-1,000 MW, and Above 1,000 MW), and Region - Global Forecast to
2021"
https://www.marketsandmarkets.com/Market-Reports/nuclear-decommissioning-service-market-
86234662.html
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Deferred Dismantling Strategy the fastest growing segment of nuclear decommissioning
services
The deferred dismantling segment is expected to grow at the highest CAGR during the forecast
period. Following the Fukushima nuclear power plant (Japan) accident, the German government is
committed to phase out its nuclear power plants by 2022. Further, the European Union is
focusing on developing renewable sources of power generation, and hence, majority of the
nuclear power plants in Europe are adopting deferred dismantling strategy for the
decommissioning process.
Boiling Water Reactor (BWR) the largest segment in the nuclear decommissioning services
market
The BWR reactor segment occupied the largest market share in the nuclear decommissioning
services market in 2015. This can be attributed to increase in the number of projects unde rgoing
decommissioning, due to stringent government regulations to phase out nuclear reactors by
2022. Majority of the nuclear power plants in the European region operate on BWRs.