What is Nuclear Steam Generator Market Scope?
Nuclear Steam generators are also called heat exchangers which are used to change water into steam from and produce heat in a nuclear core reactor. These generators are used in pressurized water reactors among the primary and secondary coolant loops which help in converting water into steam. It is a device which generates electricity from the nuclear power plant. It has been observed that an increasing number of diversify energy sources and rise in demand for clean electricity are leading to flourishing the Nuclear Steam generators in the future. The developers of Nuclear Steam generators are expanding their businesses in Asia-Pacific countries as these countries are focused towards effective planning and building new nuclear power for electrification.
Influencing Trend:
Adoption of Renewables as Alternate Energy Sources, The Appearance of Film-Forming Substances for Steam Generators and Rise of SMRs in Nuclear Steam Generator
Market Growth Drivers:
Rising Security Concerns and Greenhouse Constraints Across the World, The Advent Increase in Number of Reactors Globally and Rising Demand for Electricity is Increasing the Utilization of Nuclear Power
Challenges:
Lack of Skilled Professionals for Installation and Maintainance Purpose and Substitute Products Available in Markets
Restraints:
High Capital Cost for Setting up Nuclear Power Plants
Opportunities:
Growth in Technological Advancements and Economy in the Emerging Countries
The Nuclear Steam Generator market study is being classified by Type (Once Through Steam Generators (OTSG) and Recirculating Steam Generators ), by Application and major geographies with country level break-up.
Analysts at AMA predicts that Manufacturers from United States and China will contribute to the maximum growth of Global Nuclear Steam Generator market throughout the predicted period.
Areva (France), Hitachi-GE Nuclear Energy (United States), Westinghouse Electric (United States), Atomic Energy of Canada (Canada), Bharat Heavy Electricals (India), KEPCO (South Korea), Mitsubishi Heavy Industries (Japan), BWX Technologies (United States), Rolls-Royce (United Kingdom) and Duke Energy (United States) are some of the key players profiled in the study. Additionally, the Manufacturers which are also part of the research are GE Power (United States), China First Heavy Industries (China), Harbin Electric (China) and Shanghai Electric (China).
Segmentation Analysis
Analyst at AMA have segmented the market study of Global Nuclear Steam Generator market by Type, Application and Region.
On the basis of geography, the market of Nuclear Steam Generator 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).
On March 2018, Bharat Heavy Electricals Limited (BHEL) has secured an order worth Rs.736 crore for supply of steam generators from Nuclear Power Corporation of Limited (NPCIL). These steam generators are expected to be used for a 700 MWe Pressurized Heavy Water Reactor (PHWR) to be installed at Gorakhpur Haryana Anu Vidyut Pariyojna (GHAVP) in Fatehabad district of Haryana
Key Target Audience
Nuclear Steam Generator Manufactures, Nuclear Steam Generator Traders, Government Organizations, Private Organizations, Research and Consulting Firms and Others
Nuclear Steam Generator Market Study: Important Years
Attributes | Details |
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Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
Major Highlights of Market Study
Demand Determinants: Identifying top-notch application and business segments that seek high growth potentials in Nuclear Steam Generator Market.
Key Strategic Developments: To target untapped regions more aggressively by focusing on product/service developments, innovation and R & D, new launches, Merger & acquisitions, JVs & partnerships.
Forces & Market Dynamics: Growth drivers, restraints & opportunities available in Nuclear Steam Generator industry is examined with reference relevant market sectors and sub-sectors.
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also includes significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets, To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.