Nuclear Decommissioning Market Nuclear Decommissioning Market

Nuclear Decommissioning Market Development, Market Trend, Segmentation and
Forecast to 2022.
Market Scenario:
The factors driving the growth of nuclear decommissioning market are the rising nuclear
accidents and political pressure for the closure of the nuclear power plant to ensure safety of the
environment and people. The increase in support from the government for the pre-closure of
nuclear power plant has also led to the growth of this market. Due to the stringent regulations,
the low performance nuclear power plants are decommissioned so that there is no after effect.
Digitization of system ensures that if there is any sudden change in the property of nuclear
power plant and it is immediately managed by taking necessary steps. This is one of the major
factors that responsible for the growth of nuclear decommissioning market.
Nuclear decommissioning is the process in which the nuclear facility is destroyed to the extent
where there is no requirement of radiation protection. The nuclear decommissioning removes
the radioactive materials that are dangerous, hazardous to the environment and time intensive.
Once the radioactive materials are cleaned up there should be no radiologic danger left in
nuclear facility. The major drivers that are responsible for the growth of nuclear
decommissioning market are growth in nuclear accidents that are hazardous to the environment
and the rising political pressure for the closure of nuclear power plants. The growing initiative by
the government for the safety of environment and people also lead to the growth of these
market. Nuclear Decommissioning Market is expected to grow with the CAGR of approximately
12% from 2016 to 2022
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Prominent Players
Areva Group (France), Babcock International Group PLC. (U.K.), Studsvik AB (Sweden),
AECOM (U.S.), and Westinghouse Electric (U.S.), EnergySolutions (U.S.), Nuvia Group
(France), EDF-CIDEN (U.K.), Enercon Services, Inc. (Germany), GD Energy Services (Spain)
are some of the prominent players profiled in MRFR Analysis and are at the forefront of
competition in the Global Nuclear Decommissioning Market.
Industry/ Innovation/ Related News:
January 22, 2018 – The Omaha Public Power District (OPPD - US) and Exelon Generation LLC
which were partnered for the Fort Calhoun Nuclear Station (FCS) in 2012; announced that the
plant has come to an end and so has their nuclear plant management project at FCS.