Small Modular Reactor Market to Observe Impressive Growth by 2026
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The small modular reactor market is expected to grow from an estimated in USD 9.7 billion in 2021 to USD 11.3 billion by 2026, at a CAGR of 3.2% during the forecast period. The low cost of SMRs due to modularization and factory construction and growing need for clean, reliable, and flexible power generation are the main drivers for the small modular reactor market. Factors such...
Small Modular Reactor Market Size to Grow $11.3 Billion by 2026 – Emerging Trends and Opportunities Analysis
According to the new market research report “Small Modular Reactor Market by Reactor (HWR, LWR, HTR, FNR, MSR), Deployment (Single, Multi), Connectivity (Grid, Off-grid), Location (Land, Marine), Application (Power Generation, Desalination, Process Heat), and Region – Global Forecast to 2026″, published by MarketsandMarkets™, the Small Modular Reactor Market is projected to...