Nuclear Decommissioning Services Market Size, Share & Trends Analysis Report By Reactor Type (PWR, BWR, PHWR, GCR), By Strategy (Immediate and Deferred Dismantling, Entombment), And Segment Forecasts, 2018 - 2025

Published: Feb, 2018 | Pages: 108 | Publisher: Grand View Research
Industry: Energy | Report Format: Electronic (PDF)

The global nuclear decommissioning services market size is expected to be valued at USD 8.90 billion by 2025, according to a new report by Grand View Research, Inc., exhibiting a 6.8% CAGR during the forecast period. Global nuclear phase out and rising support from governments post nuclear accidents are among major factors expected to fuel market growth over the years to come.

Rise in public safety concerns due to hazardous consequences of nuclear accidents is set to actuate market demand over the coming years. In addition, increasing sustainability concerns are likely to positively impact market growth. The transitioning trend toward renewable energy thanks to various government initiatives and regulations is also projected to promote nuclear decommissioning services over the forecast period.

With extensive research and development underway, various novel decommissioning technologies to enable efficient dismantling of nuclear facilities have been developed. Furthermore, in order to enable sustainable development, government authorities are providing various incentives and support schemes for efficient dismantling of nuclear plants.

Based on reactor type, pressurized water reactors (PWR) grabbed the maximum share in the global market in 2016 and this trend is expected to continue over the forecast period. Increasing demand for PWRs due to their ease of operation and stability will also allow the segment to register a strong growth rate from 2017 to 2025. On the basis of decommissioning strategy, immediate dismantling is expected to account for the largest share in the market by 2025.

Europe has emerged as the leading region owing to increasing shut down of nuclear facilities in various countries such as Germany, U.K., France, and Lithuania. Presence of stringent government regulations in Europe to regulate dismantling processes is anticipated to propel market growth. Technological advancements and government support to phase out nuclear plants are likely to fuel the market in North America. Countries like U.S., Germany, Japan, and South Korea are rapidly developing markets for nuclear decommissioning services.

Further key findings from the report suggest:

• The market is likely to register a CAGR of 6.8%, in terms of value, from 2017 to 2025 on account of growing environmental concerns and promotion of renewable energy as against conventional sources of energy.

• By type of reactor, the PWR segment is expected to exhibit the highest CAGR from 2017 to 2025 owing to high preference for these reactors

• Europe was valued at USD 2.29 billion in 2016 and is expected to witness significant nuclear decommissioning in future, with Germany and U.K. as major markets

• Key market players include Orano Group; Babcock International Group PLC; Westinghouse Electric Company LLC; AECOM Group; Studsvik AB; Bechtel Group Inc.; GE Hitachi Nuclear Energy; and Magnox Ltd. These companies mainly focus on innovation to improve service quality and meet global demand.

 Table of Contents

Chapter 1 Methodology and Scope
                  1.1 Research methodology
                  1.2 Research scope and assumptions
                  1.3 List of data sources
                  1.4 List of abbreviations

Chapter 2 Executive Summary
                  2.1 Market snapshot

Chapter 3 Market Variables, Trends & Scope
                  3.1 Market segmentation
                  3.2 Penetration & growth prospect mapping, 2014 - 2025
                  3.3 Value chain analysis
                  3.4 Regulatory framework
                  3.5 Technology overview
                  3.6 Market dynamics
                      3.6.1 Market driver analysis
                          3.6.1.1 Worldwide shutdown of older reactors
                          3.6.1.2 Shift in energy landscape
                          3.6.1.3 Regulatory changes coupled with government support post nuclear plantaccidents
                      3.6.2 Market restraint analysis
                          3.6.2.1 High cost of decommissioning
                  3.7 Industry analysis - Porter's
                  3.8 PESTEL analysis

Chapter 4 Nuclear Decommissioning Services Market: Reactor Type Estimates & Trend Analysis
                  4.1 Reactor type market introduction, 2016 & 2025
                  4.2 Global nuclear decommissionig services demand by reactor type, 2014 - 2025 (USD Million) 
                  4.3 Pressurized Water Reactor (PWR)
                      4.3.1 Market estimates & forecast, 2014 - 2025
                      4.3.2 Market estimates & forecast, by region, 2014 - 2025
                  4.4 Boiling Water Reactor (BWR)
                      4.4.1 Market estimates & forecast, 2014 - 2025
                      4.4.2 Market estimates & forecast, by region, 2014 - 2025
                  4.5 Pressurized Heavy Water Reactor (PHWR)
                      4.5.1 Market estimates & forecast, 2014 - 2025
                      4.5.2 Market estimates & forecast, by region, 2014 - 2025
                  4.6 Gas Cooled Reactor (GCR)
                      4.6.1 Market estimates & forecast, 2014 - 2025
                      4.6.2 Market estimates & forecast, by region, 2014 - 2025
                  4.7 Others
                      4.7.1 Market estimates & forecast, 2014 - 2025
                      4.7.2 Market estimates & forecast, by region, 2014 - 2025

Chapter 5 Nuclear Decommissioning Services Market: Strategy Estimates & Trend Analysis
                  5.1 Strategy market introduction, 2016 & 2025
                  5.2 Global nuclear decommissionig services demand by strategy, 2014 - 2025 (USD Million)
                      5.2.1 Market estimates & forecast by strategy, 2014 - 2025
                  5.3 Immediate Dismantling
                      5.3.1 Market estimates & forecast, 2014 - 2025
                      5.3.2 Market estimates & forecast, by region, 2014 - 2025
                  5.4 Deferred Dismantling
                      5.4.1 Market estimates & forecast, 2014 - 2025
                      5.4.2 Market estimates & forecast, by region, 2014 - 2025
                  5.5 Entombment
                      5.5.1 Market estimates & forecast, 2014 - 2025
                      5.5.2 Market estimates & forecast, by region, 2014 - 2025

Chapter 6 Nuclear Decommissioning Services Market: Regional Estimates & Trend Analysis
                  6.1 Regional market introduction, 2016 & 2025
                  6.2 Global nuclear decommissionig services demand by region 2014- 2025, (USD Million)
                  6.3 North America
                      6.3.1 Market estimates & forecast, 2014 - 2025
                      6.3.2 Market estimates & forecast, by reactor type, 2014 - 2025
                      6.3.3 Market estimates & forecast, by strategy, 2014 - 2025
                      6.3.4 U.S.
                          6.3.4.1 Market estimates & forecast, 2014 - 2025
                          6.3.4.2 Market estimates & forecast, by reactor type, 2014 - 2025
                          6.3.4.3 Market estimates & forecast, by strategy, 2014 - 2025
                  6.4 Europe
                      6.4.1 Market estimates & forecast, 2014 - 2025
                      6.4.2 Market estimates & forecast, by reactor type, 2014 - 2025
                      6.4.3 Market estimates & forecast, by strategy, 2014 - 2025
                      6.4.4 Germany
                          6.4.4.1 Market estimates & forecast, 2014 - 2025
                          6.4.4.2 Market estimates & forecast, by reactor type, 2014 - 2025
                          6.4.4.3 Market estimates & forecast, by strategy, 2014 - 2025
                      6.4.5 U.K.
                          6.4.5.1 Market estimates & forecast, 2014 - 2025
                          6.4.5.2 Market estimates & forecast, by reactor type, 2014 - 2025
                          6.4.5.3 Market estimates & forecast, by strategy, 2014 - 2025
                      6.4.6 France
                          6.4.6.1 Market estimates & forecast, 2014 - 2025
                          6.4.6.2 Market estimates & forecast, by reactor type, 2014 - 2025
                          6.4.6.3 Market estimates & forecast, by strategy, 2014 - 2025
                  6.5 Asia Pacific
                      6.5.1 Market estimates & forecast, 2014 - 2025
                      6.5.2 Market estimates & forecast, by reactor type, 2014 - 2025
                      6.5.3 Market estimates & forecast, by strategy, 2014 - 2025
                      6.5.4 Japan
                          6.5.4.1 Market estimates & forecast, 2014 - 2025
                          6.5.4.2 Market estimates & forecast, by reactor type, 2014 - 2025
                          6.5.4.3 Market estimates & forecast, by strategy, 2014 - 2025
                      6.5.5 South Korea
                          6.5.5.1 Market estimates & forecast, 2014 - 2025
                          6.5.5.2 Market estimates & forecast, by reactor type, 2014 - 2025
                          6.5.5.3 Market estimates & forecast, by strategy, 2014 - 2025
                  6.6 Central & South America (CSA)
                      6.6.1 Market estimates & forecast, 2014 - 2025
                      6.6.2 Market estimates & forecast, by reactor type, 2014 - 2025
                      6.6.3 Market estimates & forecast, by strategy, 2014 - 2025
                  6.7 Middle East & Africa (MEA)
                      6.7.1 Market estimates & forecast, 2014 - 2025
                      6.7.2 Market estimates & forecast, by reactor type, 2014 - 2025
                      6.7.3 Market estimates & forecast, by strategy, 2014 - 2025

Chapter 7 Competitive Landscape
                  7.1 Vendor landscape
                  7.2 Market players
                  7.3 Competitive environment
                  7.4 Strategy framework 

Chapter 8 Company Profiles
                  8.1 Babcock International Group PLC
                      8.1.1 Company overview
                      8.1.2 Financial performance
                      8.1.3 Industries and services catered
                      8.1.4 Product benchmarking
                      8.1.5 Strategic initiatives
                  8.2 Studsvik AB.
                      8.2.1 Company overview
                      8.2.2 Financial performance
                      8.2.3 Industries and services catered
                      8.2.4 Product benchmarking
                      8.2.5 Strategic initiatives
                  8.3 Westinghouse Electric Company LLC
                      8.3.1 Company overview
                      8.3.2 Financial performance
                      8.3.3 Industries and services catered
                      8.3.4 Product benchmarking
                      8.3.5 Strategic initiatives
                  8.4 AECOM Group
                      8.4.1 Company overview
                      8.4.2 Financial performance
                      8.4.3 Industries and services catered
                      8.4.4 Product benchmarking
                      8.4.5 Strategic initiatives
                  8.5 Bechtel Group Inc.
                      8.5.1 Company overview
                      8.5.2 Financial performance
                      8.5.3 Industries and services catered
                      8.5.4 Product benchmarking
                      8.5.5 Strategic initiatives
                  8.6 CH2M Hill Company Ltd.
                      8.6.1 Company overview
                      8.6.2 Financial performance
                      8.6.3 Industries and services catered
                      8.6.4 Product benchmarking
                      8.6.5 Strategic initiatives
                  8.7 Magnox Ltd.
                      8.7.1 Company overview
                      8.7.2 Financial performance
                      8.7.3 Industries and services catered
                      8.7.4 Product benchmarking
                  8.8 GE Hitachi Nuclear Energy
                      8.8.1 Company overview
                      8.8.2 Financial performance
                      8.8.3 Industries and services catered
                      8.8.4 Product benchmarking
                      8.8.5 Strategic initiatives
                  8.9 Orano Group
                      8.9.1 Company overview
                      8.9.2 Financial performance
                      8.9.3 Industries and services catered
                      8.9.4 Product benchmarking
                      8.9.5 Strategic initiatives
                  8.10 Ansaldo Energia S.p.A
                      8.10.1 Company overview
                      8.10.2 Financial performance
                      8.10.3 Industries and services catered
                      8.10.4 Product benchmarking
                      8.10.5 Strategic initiatives

List of Tables

TABLE 1 Key international regulations & their impact on the nuclear decommissioning services industry
TABLE 2 Global nuclear decommissioning services market estimates & forecast by reactor type, 2014 - 2025 (USD Million)
TABLE 3 PWR market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 4 PWR market revenue, by region, 2014 - 2025 (USD Million)
TABLE 5 BWR market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 6 BWR market revenue, by region, 2014 - 2025 (USD Million)
TABLE 7 PHWR market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 8 PHWR market revenue, by region, 2014 - 2025 (USD Million)
TABLE 9 GCR market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 10 GCR market revenue, by region, 2014 - 2025 (USD Million)
TABLE 11 Others market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 12 Others market revenue, by region, 2014 - 2025 (USD Million)
TABLE 13 Global nuclear decommissioning services market estimates & forecast by strategy, 2014 - 2025 (USD Million)
TABLE 14 Immediate dismantling market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 15 Immediate dismantling market revenue, by region, 2014 - 2025 (USD Million)
TABLE 16 Deferred dismantling market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 17 Deferred dismantling market revenue, by region, 2014 - 2025 (USD Million)
TABLE 18 Entombment market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 19 Entombment market revenue, by region, 2014 - 2025 (USD Million)
TABLE 20 Global nuclear decommissioning services demand by region 2014- 2025, (USD Million)
TABLE 21 North America nuclear decommissioning services market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 22 North America nuclear decommissioning services market revenue, by reactor type, 2014 - 2025 (USD Million)
TABLE 23 North America nuclear decommissioning services market revenue, by strategy, 2014 - 2025 (USD Million)
TABLE 24 U.S. nuclear decommissioning services market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 25 U.S. nuclear decommissioning services market revenue, by reactor type, 2014 - 2025 (USD Million)
TABLE 26 U.S. nuclear decommissioning services market revenue, by strategy, 2014 - 2025 (USD Million)
TABLE 27 Europe nuclear decommissioning services market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 28 Europe nuclear decommissioning services market revenue, by reactor type, 2014 - 2025 (USD Million)
TABLE 29 Europe nuclear decommissioning Services market revenue, by strategy, 2014 - 2025 (USD Million)
TABLE 30 Germany nuclear decommissioning services market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 31 Germany nuclear decommissioning services market revenue, by reactor type, 2014 - 2025 (USD Million)
TABLE 32 Germany nuclear decommissioning services market revenue, by strategy, 2014 - 2025 (USD Million)
TABLE 33 U.K. nuclear decommissioning services market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 34 U.K. nuclear decommissioning services market revenue, by reactor type, 2014 - 2025 (USD Million)
TABLE 35 U.K. nuclear decommissioning services market revenue, by strategy, 2014 - 2025 (USD Million)
TABLE 36 France nuclear decommissioning services market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 37 France nuclear decommissioning services market revenue, by reactor type, 2014 - 2025 (USD Million)
TABLE 38 France nuclear decommissioning services market revenue, by strategy, 2014 - 2025 (USD Million)
TABLE 39 Asia Pacific nuclear decommissioning services market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 40 Asia Pacific nuclear decommissioning services market revenue, by reactor type, 2014 - 2025 (USD Million)
TABLE 41 Asia Pacific nuclear decommissioning services market revenue, by strategy 2014 - 2025 (USD Million)
TABLE 42 Japan nuclear decommissioning services market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 43 Japan nuclear decommissioning services market revenue, by reactor type, 2014 - 2025 (USD Million)
TABLE 44 Japan nuclear decommissioning services market revenue, by decommissioning strategy, 2014 - 2025 (USD Million)
TABLE 45 South Korea nuclear decommissioning services market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 46 South Korea nuclear decommissioning services market revenue, by reactor type, 2014 - 2025 (USD Million)
TABLE 47 South Korea nuclear decommissioning services market revenue, by strategy, 2014 - 2025 (USD Million)
TABLE 48 CSA nuclear decommissioning services market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 49 CSA nuclear decommissioning services market revenue, by reactor type, 2014 - 2025 (USD Million)
TABLE 50 CSA nuclear decommissioning services market revenue, by strategy, 2014 - 2025 (USD Million)
TABLE 51 MEA nuclear decommissioning services market estimates & forecast, 2014 - 2025 (USD Million)
TABLE 52 MEA nuclear decommissioning services market revenue, by reactor type, 2014 - 2025 (USD Million)
TABLE 53 MEA nuclear decommissioning services market revenue, by strategy, 2014 - 2025 (USD Million)

List of Figures

FIG. 1 Nuclear decommissioning services market snapshot
FIG. 2 Nuclear decommissioning services market segmentation
FIG. 3 Nuclear decommissioning services market revenue, 2014 - 2025 (USD Million)
FIG. 4 Nuclear decommissioning services value chain analysis
FIG. 5 Nuclear decommissioning services market dynamics
FIG. 6 Nuclear decommissioning services market driver impact
FIG. 7 Global number of operational reactor by age as of 31 Dec. 2015
FIG. 8 Nuclear decommissioning services market restraint impact
FIG. 9 Nuclear decommissioning services market - Porter's analysis
FIG. 10 PESTEL analysis
FIG. 11 Nuclear decommissioning services reactor type trends, (USD Million)
FIG. 12 Nuclear decommissioning services strategy share, (USD Million)
FIG. 13 Nuclear decommissioning services regional snapshot
FIG. 14 Competitive environment
FIG. 15 Strategy framework