About Nuclear Deaerator
A nuclear deaerator is a device that is used in nuclear power plants to remove dissolved oxygen and other gases from the boiler feedwater. Deaerators are commonly used in steam generation systems in all thermal plants and in several other applications such as water treatment, co-generation, solar thermal plants, waste-to-energy, district heating, petrochemicals, pulp and paper, and marine vessels. Deaerators are also used in the power generation cycle of nuclear power plants.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
CAGR | 14.3% |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Sterling Deaerator (United States), Power Machines (Russia), Balcke-Dürr (Germany), STORK (Netherlands), Doosan Heavy Industries & Construction (South Korea), BGR Energy Systems (India), Walter Tosto (Italy), BHEL (India), Thermax (India) and General Electric (United States) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Nuclear Deaerator market by Type (New Demand and Replacement Demand), Application (Energy, Industrial and Other) and Region.
On the basis of geography, the market of Nuclear Deaerator has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Fabrication, the sub-segment i.e. Xray will boost the Nuclear Deaerator market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Stagnation in growth of nuclear power in Europe
Market Growth Drivers:
Increasing rapid urbanization and industrialization and Growing energy demand in developing countries
Challenges:
High capital costs for setting up nuclear power plants
Restraints:
Lack of trained professionals
Opportunities:
Increasing demand for clean energy sources
Market Leaders and their expansionary development strategies
In march 2024, The Memorandum of Cooperation (MoC) between the Canadian Nuclear Safety Commission (CNSC), the UK's Office for Nuclear Regulation (ONR) and the US Nuclear Regulatory Commission (NRC) was signed during the NRC's Annual Regulatory Information Conference in Maryland, USA, on 12 March. It was signed by CNSC acting CEO Ramzi Jammal, NRC Chair Christopher Hanson and ONR Chief Executive and Chief Nuclear Inspector Mark Foy.
In December 2023, China began commercial operations of the world's first next-generation, gas-cooled nuclear reactor power plant, state media reported Wednesday. The Shidao Bay plant in eastern Shandong province is powered by two high-temperature reactors cooled by gas rather than pressurised water, according to state news agency Xinhua, making it more efficient and cost-effective.
Key Target Audience
Nuclear Deaerator Provider, New Entrants and Investors, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.