Small Modular Reactor (SMR) Market

Global Small Modular Reactor (SMR) Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 - (By Type Coverage, By Geographic Coverage and By Company)

Published Date: Apr 2023 | Format: | No. of Pages: 155

Industry: Energy & Natural Resources | Author Name: Harshad

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FAQ : Small Modular Reactor (SMR) Market

Global small modular reactor market is anticipated to reach US$9 Bn by 2030.

The top 5 players in small modular reactor market include NuScale Power, LLC., Mitsubishi Heavy Industries, Ltd., Holtec International, General Atomics, and Rolls Royce.

In 2022, Asia Pacific constituted 84.7% of the global small modular reactor market by value. In terms of capacity, Asia Pacific is expected to register a CAGR of 6.6% from 2023-2030.

In terms of type, hybrid and electric systems dominated the market in 2022. In terms of end-user industry, PWR constituted more than 50% share of the global SMR market in 2022.

The market witnessed impacts during COVID-19. There has been a significant fall in R&D projects related to new SMR technologies. Several planned projects were stretched ahead from the initial commercialization dates.

Small Modular Reactor (SMR) Market

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FAQ : Small Modular Reactor (SMR) Market

What is the Expected Market Value of the Global Small Modular Reactor Market by the End of Forecast Period?

Who are the top 5 Players in the Global Small Modular Reactor (SMR) Market?

Which Region Is expected to Hold the Highest Value or Volume Share by 2030?

What Is the Leading Segment in the Global Small Modular Reactor Market?

How Did the COVID-19 Pandemic Outbreak Impact the Global Small Modular Reactor Market?