Small Modular Reactor Market to Witness Huge Growth (2023-2030)
According to a research report “Small Modular Reactor Market by Reactor (HWR, LWR, HTR, FNR, MSR), Application (Power Generation, Desalination, Hydrogen Generation, Industrial), Deployment (Single, Multi), Connectivity, Location, Coolant, Power Rating & Region – Global Forecast to 2030″ published by MarketsandMarkets, the global Small modular reactor market is projected to reach...
Small Modular Reactor Market Will Generate Massive Revenue In Future
The small modular reactor market is expected to grow from an estimated in USD 5.7 billion in 2022 to USD 7.0 billion by 2030, at a CAGR of 2.7% from 2022–2030. Benefits of modularization and factory construction is the main driver for the small modular reactor market. Modularization enables the simplification of construction by dividing nuclear power plant structures, equipment, and/or components...
Small Modular Reactor Market Top Trends, Growth Opportunities & Regional Outlook 2022-2030
The global small modular reactor market is projected to reach USD 7.0 billion by 2030 from an estimated USD 5.7 billion in 2022, at a CAGR of 2.7% 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 across diverse applications.
Key Market Players
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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...