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Some of the key factors fueling the market include accidents & rising political pressure for pre-closure, aging nuclear power plants and technological advancements. However, factors such as high cost and Nuclear Waste Disposal are hindering the market growth.Request for sample here: https://www.strategymrc.com/report/nuclear-decommissioning-services-market/request-sample
Nuclear decommissioning services are required after a plant reaches its end of operating life. This is carried out by dismantling structures, removing contaminated materials to appropriate disposal facilities, storing used nuclear fuel till it can be removed from the site of the nuclear power plant for disposal or safe storage, and releasing the property for other uses. These processes continue for a long duration, depending on the decommissioning process chosen. These services include decontamination, dismantling, site treatment, and waste disposal processes to make the site reusable.
By Reactor Type, Pressurized Water Reactor (PWR) held considerable market share during predicted period. PWRs are highly chosen by industry operators owing to factors such as high level of stability and ease to operate them. This segment is projected to exhibit the strongest growth rate over the forecast period due to its extensive use and installation.
Based on geography, Europe is expected to grow at the highest CAGR during the forecast period owing to rise in shutdown down of nuclear reactors and the country’s plan for complete phase-out. Increasing political pressure in the region as a consequence of the Fukushima accident in 2011 has led to market growth.
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Some of the key players profiled in the Nuclear Decommissioning Services Market include Westinghouse Electric, Studsvik, Babcock International, Sogin, Onet Technologies, Nuvia Group, Areva, KDC Contractors, AnsaldoNes, GD Energy Services-Nuclear, Aecom, Energysolutions and Enercon Services.
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Capacities Covered:
• Up to 800 MW
• 801 MW–1,000 MW
• Above 1,000 MW
Reactor Types Covered:
• Gas Cooled Reactor (GCR)
• Pressurized Heavy Water Reactor (PHWR)
• Boiling Water Reactor (BWR)
• Pressurized Water Reactor (PWR)
• Other Reactor Types
Decommissioning Strategies Covered:
• Deferred Dismantling
• Entombment
• Immediate Dismantling
Applications Covered:
• Research reactors
• Power reactors
Regions Covered:
North America
US
Canada
Mexico
Europe
Germany
UK
Italy
France
Spain
Rest of Europe
Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
South America
Argentina
Brazil
Chile
Rest of South America
Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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