DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Nuclear Decommissioning Services Market - Global Forecast to 2021" report to their offering.
The global nuclear decommissioning services market is projected to reach USD 8.55 Billion by 2021, at a CAGR of 12.1% from 2016 to 2021. This growth can be attributed to nuclear accidents and rising political pressure for pre-closure of nuclear power plants.
Europe held the largest market share, followed by North America and Asia-Pacific. In 2015, Germany dominated the European nuclear decommissioning services market. This can be attributed to government support, followed by public concern for pre-closure of nuclear power plants. Meanwhile, the market is estimated to grow the fastest in the Asia-Pacific, owing to a higher number of nuclear power plants in Japan and South Korea. The figure given below indicates the market size of various regions by 2021, with their respective CAGRs.
The decommissioning cost on average ranges in between USD 600 Million to USD 750 Million. However, the actual cost incurred can be more than the average estimated cost since many factors are involved in decommissioning a nuclear power plant. These factors are restraining the growth of the nuclear decommissioning services market.
Companies Mentioned:
- AECOM
- Ansaldo NES (Nuclear Engineering Services Limited)
- Areva Group
- Babcock International Group plc
- Enercon Services, Inc.
- EnergySolutions
- GD Energy Services-Nuclear
- KDC Contractors Limited
- Nuvia Group
- Onet Technologies
- Sogin S.p.A. (Società Gestione Impianti Nucleari)
- Studsvik AB
- Westinghouse Electric Company
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Nuclear Decommissioning Services Market Industry Trends
7 Nuclear Decommissioning Services Market, By Reactor Type
8 Nuclear Decommissioning Services Market, By Decommissioning Strategy
9 Nuclear Decommissioning Services Market, By Capacity
10 Nuclear Decommissioning Services Market, By Region
11 Competitive Landscape
12 Company Profile
For more information about this report visit http://www.researchandmarkets.com/research/dvtc59/nuclear.