Transparency Market Research presents a thorough study of the global nuclear energy market through its new research report. The study includes an assessment of the strengths, weaknesses, opportunities, and threats impacting the key segments in the overall nuclear energy market. The research report, titled “Nuclear Energy Market – Global Industry Analysis, Size, Share, Trends, Analysis, Growth and Forecast 2019,” explains the importance of nuclear energy in times when the pressure of declining fossil fuel reserves is increasing. The researchers have studied this market comprehensively by highlighting the trends and dynamics governing it.
Nuclear energy is being considered as the next viable energy option in the energy industry as it offers a solution that is free from carbon emissions. Furthermore, the fact that nuclear energy is affordable and reliable is also expected drive this market in the coming years.
The nuclear energy market is segmented on the basis of technology and geography. On the basis of technology, this market is segmented into boiling water reactor (BWR), pressurized water reactor (PWR), fast breeder reactor (FBR), uranium reactor (CANDU), and advanced gas-cooled reactor (AGCR). Geographically, this market is segmented into Asia Pacific, North America, Europe, and Rest of the World.
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The United States held the largest share in the global nuclear energy market as of 2013. The country’s nuclear energy generation capacity stood at 789 billion kWh in 2013, which was closely followed by France with a capacity of 403.7 kWh in the same period. China too is making a significant contribution to the global nuclear energy market with about 26 nuclear units underway. South Korea and Russia are two more countries that are showing promise in the overall market. Though developed countries are factoring in nuclear energy as a considerable part of their energy mix, the developing nations are lagging as they are still building nuclear power generation capacities. Once the capacities are set up, the nuclear energy market is expected to pick up pace in the emerging economies as well.
Some of the key operating players in the global nuclear energy market are PSEG Power LLC, Duke Energy, Exelon Corporation, Bruce Power, EDF Energy, NextEra Energy Resources LLC, Tokyo Electric Power Company, GE Hitachi Nuclear Energy, and China General Nuclear Power Corporation. The research report evaluates the competitive landscape present in the global nuclear energy market. It also explains the political scenario dictating the expansion trajectory of this market. Furthermore, the research report examines research and development activities, financial overview, investment outlook, business and marketing strategic, technological developments, and strategic mergers and acquisitions of these top players in the near future.
Transparency Market Research (TMR) is a market intelligence company driven by high-pedigree consultants and researchers. TMR leverages its Syndicated Research, Custom Research, and Market Consulting expertise to help businesses make accurate decisions. TMR’s exclusive blend of quantitative forecasting and trends analysis draws on proprietary data sources and techniques, while their data repository is continuously updated to reflect the latest trends.
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