Nuclear reactor construction market size to grow USD 9.8 billion between 2022 and 2027; Historic market size valued at USD billion in 2017 - Technavio

NEW YORK, Feb. 24, 2023 /PRNewswire/ -- According to Technavio, the global nuclear reactor construction market size is estimated to grow by USD 9.8 billion from 2022 to 2027. The market is estimated to grow at a CAGR of 3.56% during the forecast period. The report includes historic market data from 2017 to 2021. APAC will account for 53% of the market growth during the forecast period. For more insights on the historic (2017 to 2021) and forecast market size (2022 to 2027) - Request a sample report

Global Nuclear Reactor Construction Market - Segmentation Assessment

Segment Overview
Technavio has segmented the market based on type (PWR and Others), service (equipment and installation), and geography (APAC, Europe, North America, Middle East and Africa, and South America). 

• The market growth in the PWR segment will be significant during the forecast period. The growth of the segment is driven by increasing investments in power reactors by many countries worldwide.

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Geography Overview
By geography, the global nuclear reactor construction market is segmented into APAC, Europe, North America, Middle East and Africa, and South America. The report provides actionable insights and estimates the contribution of all regions to the growth of the global nuclear reactor construction market.

• APAC will account for 53% of the market growth during the forecast period. The growth of the regional market is driven by growing investment and focus on clean energy by governments in the region.

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Global Nuclear Reactor Construction Market – Market Dynamics

Key factor driving market growth

• The growth of the market is driven by the rising focus on clean energy technologies.
• Governments across the world are investing in clean energy technologies to reduce the dependency on fossil fuels to produce energy.
• Nuclear power plants do not generate GHG emissions like fossil fuel-powered plants.
• Nuclear power plants prevent 13,972.60 tons of SO2, 6,575.34 tons of NOx, and 449,315.07 tons of carbon from escaping into the atmosphere every day.
• With the rising demand for clean energy technologies, investments in nuclear reactor construction will increase during the forecast period.

Leading trends influencing the market 

• International cooperation for nuclear safety and security is identified as the key trend in the market.
• Governments across the world are signing agreements with each other to safely and effectively manage the different steps involved with the management and construction of nuclear plants.
• For instance, organizations such as the Organization for Economic Co-operation and Development (OECD) Nuclear Energy Agency (NEA), IAEA, and the commission of the European communities share technology, experience, and knowledge about nuclear reactors across various countries.
• Similarly, the UK is extending support to Japan through seminars and R&D in several technically challenging areas to deal with the radioactive wastes generated within the Fukushima Daiichi nuclear power station.
• Such developments are positively influencing the growth of the market in focus.

Major challenges hindering market growth

• Threat of cyber attacks is a major challenge hindering the growth of the market.
• Cyberattacks on nuclear power plants can lead to catastrophic damage.
• The rising number of connected devices and the growing dependence on web-based communication, the risk of cyberattacks is increasing in nuclear power plants.
• In April 2021, the Natanz nuclear reactor in Iran witnessed a cyberattack resulting in damage to centrifuges
• Similarly, in August 2022, Zaporizhzhia Nuclear Power Plant in Ukraine stated that it faced an ambitious cyberattack.
• Such incidents are expected to reduce the growth potential in the market.

For more information on drivers, trends, and challenges - find some insights from a sample report.

What are the key data covered in this nuclear reactor construction market report?

• CAGR of the market during the forecast period
• Detailed information on factors that will drive the growth of the nuclear reactor construction market between 2023 and 2027
• Precise estimation of the size of the nuclear reactor construction market size and its contribution to the market in focus on the parent market
• Accurate predictions about upcoming trends and changes in consumer behavior
• Growth of the nuclear reactor construction market industry across APAC, Europe, North America, Middle East and Africa, and South America
• A thorough analysis of the market's competitive landscape and detailed information about vendors
• Comprehensive analysis of factors that will challenge the growth of nuclear reactor construction market vendors

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Table of contents:

1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by Type
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Service
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

• 4.1 Global nuclear reactor construction market 2017 - 2021
• Exhibit 18: Historic Market Size – Data Table on Global nuclear reactor construction market 2017 - 2021 ($ billion)

• 4.2 Type Segment Analysis 2017 - 2021 
• Exhibit 19: Historic Market Size – Type Segment 2017 - 2021 ($ billion)

• 4.3 Services Segment Analysis 2017 - 2021 
• Exhibit 20: Historic Market Size – Services Segment 2017 - 2021 ($ billion)

• 4.4 Geography Segment Analysis 2017 - 2021 
• Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ billion)

• 4.5 Country Segment Analysis 2017 - 2021 
• Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

• 5.1 Five forces summary 
• Exhibit 23: Five forces analysis - Comparison between 2022 and 2027

• 5.2 Bargaining power of buyers 
• Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 5.3 Bargaining power of suppliers 
• Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 5.4 Threat of new entrants 
• Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027

• 5.5 Threat of substitutes 
• Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027

• 5.6 Threat of rivalry 
• Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027

• 5.7 Market condition 
• Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by Type

• 6.1 Market segments 
• Exhibit 30: Chart on Type - Market share 2022-2027 (%)
• Exhibit 31: Data Table on Type - Market share 2022-2027 (%)

• 6.2 Comparison by Type 
• Exhibit 32: Chart on Comparison by Type
• Exhibit 33: Data Table on Comparison by Type

• 6.3 PWR - Market size and forecast 2022-2027
• Exhibit 34: Chart on PWR - Market size and forecast 2022-2027 ($ billion)
• Exhibit 35: Data Table on PWR - Market size and forecast 2022-2027 ($ billion)
• Exhibit 36: Chart on PWR - Year-over-year growth 2022-2027 (%)
• Exhibit 37: Data Table on PWR - Year-over-year growth 2022-2027 (%)

• 6.4 Others - Market size and forecast 2022-2027
• Exhibit 38: Chart on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 39: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
• Exhibit 40: Chart on Others - Year-over-year growth 2022-2027 (%)
• Exhibit 41: Data Table on Others - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Type 
• Exhibit 42: Market opportunity by Type ($ billion)

7 Market Segmentation by Service

• 7.1 Market segments 
• Exhibit 43: Chart on Service - Market share 2022-2027 (%)
• Exhibit 44: Data Table on Service - Market share 2022-2027 (%)

• 7.2 Comparison by Service 
• Exhibit 45: Chart on Comparison by Service
• Exhibit 46: Data Table on Comparison by Service

• 7.3 Equipment - Market size and forecast 2022-2027
• Exhibit 47: Chart on Equipment - Market size and forecast 2022-2027 ($ billion)
• Exhibit 48: Data Table on Equipment - Market size and forecast 2022-2027 ($ billion)
• Exhibit 49: Chart on Equipment - Year-over-year growth 2022-2027 (%)
• Exhibit 50: Data Table on Equipment - Year-over-year growth 2022-2027 (%)

• 7.4 Installation - Market size and forecast 2022-2027
• Exhibit 51: Chart on Installation - Market size and forecast 2022-2027 ($ billion)
• Exhibit 52: Data Table on Installation - Market size and forecast 2022-2027 ($ billion)
• Exhibit 53: Chart on Installation - Year-over-year growth 2022-2027 (%)
• Exhibit 54: Data Table on Installation - Year-over-year growth 2022-2027 (%)

• 7.5 Market opportunity by Service 
• Exhibit 55: Market opportunity by Service ($ billion)

8 Customer Landscape

• 8.1 Customer landscape overview 
• Exhibit 56: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

• 9.1 Geographic segmentation 
• Exhibit 57: Chart on Market share by geography 2022-2027 (%)
• Exhibit 58: Data Table on Market share by geography 2022-2027 (%)

• 9.2 Geographic comparison 
• Exhibit 59: Chart on Geographic comparison
• Exhibit 60: Data Table on Geographic comparison

• 9.3 APAC - Market size and forecast 2022-2027
• Exhibit 61: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 62: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
• Exhibit 63: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 64: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 9.4 Europe - Market size and forecast 2022-2027
• Exhibit 65: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 66: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
• Exhibit 67: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 68: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 9.5 North America - Market size and forecast 2022-2027
• Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 9.6 Middle East and Africa - Market size and forecast 2022-2027 
• Exhibit 73: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 74: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
• Exhibit 75: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 76: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 9.7 South America - Market size and forecast 2022-2027
• Exhibit 77: Chart on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 78: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
• Exhibit 79: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 80: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 9.8 US - Market size and forecast 2022-2027
• Exhibit 81: Chart on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 82: Data Table on US - Market size and forecast 2022-2027 ($ billion)
• Exhibit 83: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 84: Data Table on US - Year-over-year growth 2022-2027 (%)

• 9.9 China - Market size and forecast 2022-2027
• Exhibit 85: Chart on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 86: Data Table on China - Market size and forecast 2022-2027 ($ billion)
• Exhibit 87: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 88: Data Table on China - Year-over-year growth 2022-2027 (%)

• 9.10 France - Market size and forecast 2022-2027
• Exhibit 89: Chart on France - Market size and forecast 2022-2027 ($ billion)
• Exhibit 90: Data Table on France - Market size and forecast 2022-2027 ($ billion)
• Exhibit 91: Chart on France - Year-over-year growth 2022-2027 (%)
• Exhibit 92: Data Table on France - Year-over-year growth 2022-2027 (%)

• 9.11 Russia - Market size and forecast 2022-2027
• Exhibit 93: Chart on Russia - Market size and forecast 2022-2027 ($ billion)
• Exhibit 94: Data Table on Russia - Market size and forecast 2022-2027 ($ billion)
• Exhibit 95: Chart on Russia - Year-over-year growth 2022-2027 (%)
• Exhibit 96: Data Table on Russia - Year-over-year growth 2022-2027 (%)

• 9.12 Japan - Market size and forecast 2022-2027
• Exhibit 97: Chart on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 98: Data Table on Japan - Market size and forecast 2022-2027 ($ billion)
• Exhibit 99: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 100: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 9.13 Market opportunity by geography 
• Exhibit 101: Market opportunity by geography ($ billion)

10 Drivers, Challenges, and Trends

• 10.1 Market drivers

• 10.2 Market challenges

• 10.3 Impact of drivers and challenges 
• Exhibit 102: Impact of drivers and challenges in 2022 and 2027

• 10.4 Market trends

11 Vendor Landscape

• 11.1 Overview

• 11.2 Vendor landscape 
• Exhibit 103: Overview on Criticality of inputs and Factors of differentiation

• 11.3 Landscape disruption 
• Exhibit 104: Overview on factors of disruption

• 11.4 Industry risks 
• Exhibit 105: Impact of key risks on business

12 Vendor Analysis

• 12.1 Vendors covered 
• Exhibit 106: Vendors covered

• 12.2 Market positioning of vendors 
• Exhibit 107: Matrix on vendor position and classification

• 12.3 AECOM 
• Exhibit 108: AECOM - Overview
• Exhibit 109: AECOM - Business segments
• Exhibit 110: AECOM - Key news
• Exhibit 111: AECOM - Key offerings
• Exhibit 112: AECOM - Segment focus

• 12.4 Ansaldo Energia Spa 
• Exhibit 113: Ansaldo Energia Spa - Overview
• Exhibit 114: Ansaldo Energia Spa - Product / Service
• Exhibit 115: Ansaldo Energia Spa - Key news
• Exhibit 116: Ansaldo Energia Spa - Key offerings

• 12.5 AREVA SA 
• Exhibit 117: AREVA SA - Overview
• Exhibit 118: AREVA SA - Product / Service
• Exhibit 119: AREVA SA - Key offerings

• 12.6 Bechtel Corp. 
• Exhibit 120: Bechtel Corp. - Overview
• Exhibit 121: Bechtel Corp. - Product / Service
• Exhibit 122: Bechtel Corp. - Key news
• Exhibit 123: Bechtel Corp. - Key offerings

• 12.7 China National Nuclear Corp. 
• Exhibit 124: China National Nuclear Corp. - Overview
• Exhibit 125: China National Nuclear Corp. - Product / Service
• Exhibit 126: China National Nuclear Corp. - Key offerings

• 12.8 EDF Energy Holdings Ltd 
• Exhibit 127: EDF Energy Holdings Ltd - Overview
• Exhibit 128: EDF Energy Holdings Ltd - Product / Service
• Exhibit 129: EDF Energy Holdings Ltd - Key offerings

• 12.9 Emirates Nuclear Energy Corp. 
• Exhibit 130: Emirates Nuclear Energy Corp. - Overview
• Exhibit 131: Emirates Nuclear Energy Corp. - Product / Service
• Exhibit 132: Emirates Nuclear Energy Corp. - Key offerings

• 12.10 General Electric Co. 
• Exhibit 133: General Electric Co. - Overview
• Exhibit 134: General Electric Co. - Business segments
• Exhibit 135: General Electric Co. - Key news
• Exhibit 136: General Electric Co. - Key offerings
• Exhibit 137: General Electric Co. - Segment focus

• 12.11 Hindustan Construction Co. Ltd. 
• Exhibit 138: Hindustan Construction Co. Ltd. - Overview
• Exhibit 139: Hindustan Construction Co. Ltd. - Product / Service
• Exhibit 140: Hindustan Construction Co. Ltd. - Key offerings

• 12.12 Korea Electric Power Corp. 
• Exhibit 141: Korea Electric Power Corp. - Overview
• Exhibit 142: Korea Electric Power Corp. - Product / Service
• Exhibit 143: Korea Electric Power Corp. - Key offerings

• 12.13 Larsen and Toubro Ltd. 
• Exhibit 144: Larsen and Toubro Ltd. - Overview
• Exhibit 145: Larsen and Toubro Ltd. - Business segments
• Exhibit 146: Larsen and Toubro Ltd. - Key news
• Exhibit 147: Larsen and Toubro Ltd. - Key offerings
• Exhibit 148: Larsen and Toubro Ltd. - Segment focus

• 12.14 Mitsubishi Heavy Industries Ltd. 
• Exhibit 149: Mitsubishi Heavy Industries Ltd. - Overview
• Exhibit 150: Mitsubishi Heavy Industries Ltd. - Business segments
• Exhibit 151: Mitsubishi Heavy Industries Ltd. - Key news
• Exhibit 152: Mitsubishi Heavy Industries Ltd. - Key offerings
• Exhibit 153: Mitsubishi Heavy Industries Ltd. - Segment focus

• 12.15 NTPC Ltd. 
• Exhibit 154: NTPC Ltd. - Overview
• Exhibit 155: NTPC Ltd. - Product / Service
• Exhibit 156: NTPC Ltd. - Key offerings

• 12.16 State Atomic Energy Corp. Rosatom 
• Exhibit 157: State Atomic Energy Corp. Rosatom - Overview
• Exhibit 158: State Atomic Energy Corp. Rosatom - Product / Service
• Exhibit 159: State Atomic Energy Corp. Rosatom - Key offerings

• 12.17 THE BOUYGUES GROUP 
• Exhibit 160: THE BOUYGUES GROUP - Overview
• Exhibit 161: THE BOUYGUES GROUP - Product / Service
• Exhibit 162: THE BOUYGUES GROUP - Key offerings

13 Appendix

• 13.1 Scope of the report

• 13.2 Inclusions and exclusions checklist 
• Exhibit 163: Inclusions checklist
• Exhibit 164: Exclusions checklist

• 13.3 Currency conversion rates for US$ 
• Exhibit 165: Currency conversion rates for US$

• 13.4 Research methodology 
• Exhibit 166: Research methodology
• Exhibit 167: Validation techniques employed for market sizing
• Exhibit 168: Information sources

• 13.5 List of abbreviations 
• Exhibit 169: List of abbreviations

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