DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/23btjk/analyzing_the) has announced the addition of the "Analyzing the Global Market for Nuclear Reactor Coolant Pumps" report to their offering.
Aruvians Research analyzes the global market for nuclear reactor coolant pumps in its research offering Analyzing the Global Market for Nuclear Reactor Coolant Pumps. The report is a complete coverage of the nuclear reactor coolant pumps worldwide and analyzes the major markets globally for the nuclear reactor coolant pumps industry.
The global market for coolant pumps used in nuclear reactors is anticipated to grow vigorously in the coming future. Most of the nuclear power countries are expanding their nuclear power fleet and more than 30 countries are now focusing on including nuclear power as part of their energy mix. By encouraging nuclear power, these countries are now on the list of emerging nuclear countries. This will lead to long term growth in the nuclear coolant pump market
Demand for nuclear reactor coolant pumps is expected to increase in the future due to the number of nuclear power plants being built in the Asia Pacific region, especially in China and India, and also as a result of the replacements that are expected to take place in North America and Europe. The Asia Pacific region has seen a high level of demand for new installations due to the number of planned and proposed reactors in countries such as India and China, which will become commercialized in the next few years.
Curtiss Wright, Sulzer Pumps, Flowserve Corporation and KSB Pumps are some of the biggest players in the global market for nuclear reactor coolant pumps. Manufacturing companies are majorly focusing on developing innovative integrated design for the nuclear reactor coolant pumps that will enhance the safety and operation of a nuclear power reactor.
The North American market is expected to primarily depend on replacements until 2015 and from then on, new installations till 2020. Meanwhile, the market in Canada will depend only on replacements as there are no upcoming nuclear power plants in the country. The European region is expected to be driven by both new installations and replacements as Russia has upcoming nuclear plants that will create demand for new installations and countries such as France, Ukraine and the UK will depend on replacements.
In the coming years, the maximum expansion of the nuclear power industry is expected to occur primarily in countries such as China, India and Russia. Approximately 10 countries across the world are planning to build nuclear power generation facilities. The industry expansion is hence one of the key driving forces for the growth of the nuclear coolant pump market. What will be interesting to watch is how strong the demand for nuclear coolant pumps will emerge and remain against all the various trends (particularly the growth of renewables) that are taking place in the market at present.
Leading Industry Players
- Andritz AG
- Areva SA
- Curtiss-Wright Corporation
- Dongfang Electric Corporation
- Ebara Corporation
- Flowserve Corporation
- KSG AG
- Mitsubishi Heavy Industries
- Shanghai Electric Group Company Limited
- Sulzer AG
- Toshiba Corporation
- Westinghouse Electric
For more information visit http://www.researchandmarkets.com/research/23btjk/analyzing_the