Small Modular Reactor Market is Booming Worldwide with NuScale Power, LLC. , Moltex Energy , and GE Hitachi Nuclear Energy
New Revenue Pockets:
The global small modular reactor market size is estimated to be USD 5.8 billion in 2023 and is projected to reach USD 6.8 billion by 2030, at a CAGR of 2.3% during the forecast period. Factors such as the versatile nature of nuclear power and the relative advantages of SMRs such as modularization and factory construction are enabling the growth of the market.
“Small...
Small Hydropower Market Expected to Reach $3.0 Billion by 2024
The global small hydropower market is projected to reach USD 3.0 billion by 2024 from an estimated market size of USD 2.6 billion in 2019, at a CAGR of 2.4% during the forecast period. The global market is set to witness significant growth owing to the application of small hydropower projects for rural electrification, financial incentives and policy initiatives, and investments in hydropower projects...
Small Modular Reactor Market Growing Popularity and Emerging Trends
Small Modular Reactor Market New Revenue Pockets:
The global small modular reactor market is projected to reach USD 11.3 billion by 2026 from an estimated USD 9.7 billion in 2021, at a CAGR of 3.2 % during the forecast period. The global small modular reactor market is driven by the growing need for clean, reliable and flexible power generation and helps in facilitating access to nuclear energy...
Excitation Systems Market expected to Grow $3.4 Billion by 2026
According to the new market research report
“Excitation Systems Market by Type (Static and Brushless), Controller
Type (Analog and Digital), Application (Synchronous Generators and Synchronous
Motors), End User (Power Generation, Heavy Industries, and OEMs) and Region –
Global Forecast to 2026″, published
by MarketsandMarkets™, the Excitation Systems Market is expected to grow...
Small Hydropower Market Size Anticipated to Reach $3.0 Billion by 2024
The global small hydropower market is projected to reach USD 3.0 billion by 2024 from an
estimated market size of USD 2.6 billion in 2019, at a CAGR of 2.4% during the
forecast period. The global market is set to witness significant growth owing
to the application of small hydropower projects for rural electrification,
financial incentives and policy initiatives, and investments in hydropower
projects...