Global Small Modular Reactor Market Report 2024

Small Modular Reactor Global Market Report 2024 – By Reactor Type (Light Water Reactor (LWR), Fast Neutron Reactor (FNR), Heavy Water Reactor (HWR), Other Reactor Types), By Power Rating ( Up To 100 MW, 101 To 200 MW, 201 To 300 MW), By Deployment (Single Module Power Plant, Multi Module Power Plant), By Application (Power Generation, Desalination, Process Heat, Industrial, Hydrogen Production) – Market Size, Trends, And Global Forecast 2024-2033

Small Modular Reactor Global Market Report 2024

Starting Price : $4000.00 | Pages : 175 | Published : April 2024 | Delivery Time: 2-3 business days | Format : pdf

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Description Table Of Contents Tables & Figures Market Insights Related Reports

Small Modular Reactor Market Definition And Segments

A small modular reactor (SMR) is a compact nuclear reactor design characterized by its smaller size, simplified construction, and modular configuration for electricity generation. These are employed to provide scalable and flexible nuclear power solutions suitable for diverse applications, including remote locations, industrial processes, and grid supplementation.

The main types of small modular reactors are light water reactors (LWR), fast neutron reactors (FNR), heavy water reactors (HWR), and others. A light water reactor (LWR) is referred to as a nuclear reactor that uses regular water as both its coolant and neutron moderator and is widely used in commercial nuclear power plants due to its efficient operation and relative safety. The power rating category includes up to 100 MW, 101 to 200 MW, and 201 to 300 MW. These are deployed in single-module power plants and multi-module power plants for use in several applications such as power generation, desalination, process heat, industrial, and hydrogen production.

The small modular reactor market covered in this report is segmented –

1) By Reactor Type: Light Water Reactor (LWR), Fast Neutron Reactor (FNR), Heavy Water Reactor (HWR), Other Reactor Types

2) By Power Rating: Up To 100 MW, 101 To 200 MW, 201 To 300 MW

3) By Deployment: Single Module Power Plant, Multi Module Power Plant

4) By Application: Power Generation, Desalination, Process Heat, Industrial, Hydrogen Production

The small modular reactor market size has grown steadily in recent years. It will grow from $6.78 billion in 2023 to $7.08 billion in 2024 at a compound annual growth rate (CAGR) of 4.3%. The growth in the historic period can be attributed to energy security concerns, regulatory support, increasing electricity demand, desire for carbon emission reduction, need for decentralized power generation.

The small modular reactor market size is expected to see steady growth in the next few years. It will grow to $8.05 billion in 2028 at a compound annual growth rate (CAGR) of 3.2%. The growth in the forecast period can be attributed to growing focus on clean energy solutions, demand for flexible power generation options, increasing interest in nuclear power, rising concerns about climate change, expanding applications in industrial sectors. Major trends in the forecast period include emergence of new market players and technologies, integration of digitalization and automation, customization and modularization of reactor designs, increasing role in supporting renewable energy integration, development of hybrid energy systems.

Growth Of The Small Modular Reactor Market With Rising Energy Security Concerns

The rising energy security crisis is expected to propel the growth of the small modular reactor market going forward. An energy security crisis occurs when a region or country faces significant challenges in meeting its energy needs reliably and affordably. Small modular reactors (SMRs) offer flexibility in power output, enabling operators to quickly adjust electricity generation to meet the specific needs of remote communities or industries by operating at partial load or ramping up or down swiftly in response to changing demand to ensure a reliable and stable power supply. For instance, in November 2022, according to data published by the International Energy Agency (IEA), a France-based, autonomous intergovernmental organization, the global population lacking access to electricity is projected to increase by nearly 20 million in 2022, reaching approximately 774 million individuals without electricity worldwide, up from 754 million in 2021. Therefore, the rising energy security crisis is driving the growth of the small modular reactor market.

Major companies operating in the small modular reactor market are General Electric Company, Hitachi, Korea Electric Power Corporation (KEPCO ), State Power Investment Corporation (SPIC), Mitsubishi Heavy Industries Ltd., OKBM Afrikantov (Rosatom), Bechtel Corporation, Rolls-Royce plc., Fluor Corporation, IHI Corporation, Korea Hydro & Nuclear Power (KHNP), SNC-Lavalin Group, Toshiba Energy Systems & Solutions, Brookfield Asset Management, General Atomics Corporation, Curtiss-Wright Corporation, BWX Technologies Inc., Nuclear Power Corporation of India Limited (NPCIL), China National Nuclear Corporation (CNNC), U-Battery Developments Ltd. (Urenco Group), Babcock & Wilcox, Tokamak Energy, NuScale Power LLC., ARC Energy LLC, Terrestrial Energy Inc., Holtec International, Kairos Power, TerraPower LLC.

Advances In Small Modular Reactor Technology

Major companies operating in the small modular reactor market are increasing their focus on developing advanced solutions or products, such as single-loop pressurized water reactors (PWR), to gain a competitive edge in the market. It is a compact and scalable nuclear reactor design typically ranging from tens to a few hundred megawatts, offering enhanced safety features, flexibility in deployment, and potential cost-effectiveness compared to traditional larger-scale nuclear power plants. For instance, in May 2023, Westinghouse Electric Company, a US-based nuclear power company that offers nuclear products and services, launched the AP300. This small modular reactor introduces integral pressurized water reactor (iPWR) technology, passive safety systems, and modular design, revolutionizing nuclear energy with compactness, enhanced safety, and swift deployment. It significantly impacts the small modular reactor (SMR) market by advancing safety, versatility, and cost-effectiveness, shaping the future of nuclear energy generation.

Strategic Acquisition Strengthens Position In Small Modular Reactor Market

In November 2023, Cameco Corporation, a Canada-based uranium company, in a strategic partnership with Brookfield Asset Management (BAM), a Canada-based alternative asset manager company, acquired Westinghouse Electric Company (Westinghouse) for $8.2 billion. This acquisition strengthens their positions in the nuclear industry. It signifies a strategic move towards advancing innovative solutions such as Westinghouse's eVinci micro-reactor technology to meet the increasing demand for clean and reliable energy sources. Westinghouse Electric Company (Westinghouse) is a US-based nuclear power company offering nuclear products and services and small modular reactors (SMR).

Asia-Pacific was the largest region in the small modular reactor market in 2023 and is expected to be the fastest-growing region in the forecast period. The regions covered in the small modular reactor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the small modular reactor market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The small modular reactor market consists of sales of products such as reactor modules, control systems, fuel assemblies, heat exchangers, and containment structures. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

The small modular reactor research report is one of a series of new reports from The Business Research Company that provides small modular reactor market statistics, including the small modular reactor industry's global market size, regional shares, competitors with an small modular reactor market share, detailed small modular reactor market segments, market trends and opportunities, and any further data you may need to thrive in the small modular reactor industry. This small modular reactor market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

Small Modular Reactor Market Report Scope
Report AttributeDetails
Market Size Value In 2024 $7.08 billion
Revenue Forecast In 2033 $8.05 billion
Growth Rate CAGR of 3.2% from 2024 to 2033
Base Year For Estimation 2023
Actual Estimates/Historical Data 2018-2023
Forecast Period 2024 - 2028 - 2033
Market Representation Revenue in USD Billion and CAGR from 2024 to 2033
Segments Covered 1) By Reactor Type: Light Water Reactor (LWR), Fast Neutron Reactor (FNR), Heavy Water Reactor (HWR), Other Reactor Types
2) By Power Rating: Up To 100 MW, 101 To 200 MW, 201 To 300 MW
3) By Deployment: Single Module Power Plant, Multi Module Power Plant
4) By Application: Power Generation, Desalination, Process Heat, Industrial, Hydrogen Production
Regional Scope Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Country Scope Australia; China; India; Indonesia; Japan; South Korea; Bangladesh; Thailand; Vietnam; Malaysia; Singapore; Philippines; Hong Kong; New Zealand; USA; Canada; Mexico; Brazil; Chile; Argentina; Colombia; Peru; France; Germany; UK; Austria; Belgium; Denmark; Finland; Ireland; Italy; Netherlands; Norway; Portugal; Spain; Sweden; Switzerland; Russia; Czech Republic; Poland; Romania; Ukraine; Saudi Arabia; Israel; Iran; Turkey; UAE; Egypt; Nigeria; South Africa
Key Companies Profiled General Electric Company; Hitachi; Korea Electric Power Corporation (KEPCO ); State Power Investment Corporation (SPIC); Mitsubishi Heavy Industries Ltd; OKBM Afrikantov (Rosatom); Bechtel Corporation; Rolls-Royce plc.; Fluor Corporation; IHI Corporation; Korea Hydro & Nuclear Power (KHNP); SNC-Lavalin Group; Toshiba Energy Systems & Solutions; Brookfield Asset Management; General Atomics Corporation; Curtiss-Wright Corporation; BWX Technologies Inc.; Nuclear Power Corporation of India Limited (NPCIL); China National Nuclear Corporation (CNNC); U-Battery Developments Ltd. (Urenco Group); Babcock & Wilcox; Tokamak Energy; NuScale Power LLC.; ARC Energy LLC; Terrestrial Energy Inc.; Holtec International; Kairos Power; TerraPower LLC.
Customization ScopeRequest for Sample
Pricing And Purchase OptionsExplore Purchase Options

    Table Of Contents

    1. Executive Summary

    2. Small Modular Reactor Market Characteristics

    3. Small Modular Reactor Market Trends And Strategies

    4. Small Modular Reactor Market - Macro Economic Scenario

    4.1. Impact Of High Inflation On The Market

    4.2. Ukraine-Russia War Impact On The Market

    4.3. COVID-19 Impact On The Market

    5. Global Small Modular Reactor Market Size and Growth

    5.1. Global Small Modular Reactor Market Drivers and Restraints

    5.1.1. Drivers Of The Market

    5.1.2. Restraints Of The Market

    5.2. Global Small Modular Reactor Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)

    5.3. Global Small Modular Reactor Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

    6. Small Modular Reactor Market Segmentation

    6.1. Global Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Light Water Reactor (LWR)

    Fast Neutron Reactor (FNR)

    Heavy Water Reactor (HWR)

    Other Reactor Types

    6.2. Global Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Up To 100 MW

    101 To 200 MW

    201 To 300 MW

    6.3. Global Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Single Module Power Plant

    Multi Module Power Plant

    6.4. Global Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    Power Generation

    Desalination

    Process Heat

    Industrial

    Hydrogen Production

    7. Small Modular Reactor Market Regional And Country Analysis

    7.1. Global Small Modular Reactor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    7.2. Global Small Modular Reactor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8. Asia-Pacific Small Modular Reactor Market

    8.1. Asia-Pacific Small Modular Reactor Market Overview

    Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

    8.2. Asia-Pacific Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.3. Asia-Pacific Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    8.4. Asia-Pacific Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    9. China Small Modular Reactor Market

    9.1. China Small Modular Reactor Market Overview

    9.2. China Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.3. China Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    9.4. China Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

    10. India Small Modular Reactor Market

    10.1. India Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.2. India Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    10.3. India Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11. Japan Small Modular Reactor Market

    11.1. Japan Small Modular Reactor Market Overview

    11.2. Japan Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.3. Japan Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    11.4. Japan Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12. Australia Small Modular Reactor Market

    12.1. Australia Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.2. Australia Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    12.3. Australia Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13. Indonesia Small Modular Reactor Market

    13.1. Indonesia Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.2. Indonesia Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    13.3. Indonesia Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14. South Korea Small Modular Reactor Market

    14.1. South Korea Small Modular Reactor Market Overview

    14.2. South Korea Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.3. South Korea Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    14.4. South Korea Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15. Western Europe Small Modular Reactor Market

    15.1. Western Europe Small Modular Reactor Market Overview

    15.2. Western Europe Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.3. Western Europe Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    15.4. Western Europe Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16. UK Small Modular Reactor Market

    16.1. UK Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.2. UK Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    16.3. UK Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17. Germany Small Modular Reactor Market

    17.1. Germany Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.2. Germany Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    17.3. Germany Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18. France Small Modular Reactor Market

    18.1. France Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.2. France Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    18.3. France Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19. Italy Small Modular Reactor Market

    19.1. Italy Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.2. Italy Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    19.3. Italy Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20. Spain Small Modular Reactor Market

    20.1. Spain Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.2. Spain Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    20.3. Spain Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21. Eastern Europe Small Modular Reactor Market

    21.1. Eastern Europe Small Modular Reactor Market Overview

    21.2. Eastern Europe Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.3. Eastern Europe Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    21.4. Eastern Europe Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22. Russia Small Modular Reactor Market

    22.1. Russia Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.2. Russia Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    22.3. Russia Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23. North America Small Modular Reactor Market

    23.1. North America Small Modular Reactor Market Overview

    23.2. North America Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.3. North America Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    23.4. North America Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24. USA Small Modular Reactor Market

    24.1. USA Small Modular Reactor Market Overview

    24.2. USA Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.3. USA Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    24.4. USA Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25. Canada Small Modular Reactor Market

    25.1. Canada Small Modular Reactor Market Overview

    25.2. Canada Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.3. Canada Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    25.4. Canada Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26. South America Small Modular Reactor Market

    26.1. South America Small Modular Reactor Market Overview

    26.2. South America Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.3. South America Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    26.4. South America Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27. Brazil Small Modular Reactor Market

    27.1. Brazil Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.2. Brazil Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    27.3. Brazil Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28. Middle East Small Modular Reactor Market

    28.1. Middle East Small Modular Reactor Market Overview

    28.2. Middle East Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.3. Middle East Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    28.4. Middle East Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29. Africa Small Modular Reactor Market

    29.1. Africa Small Modular Reactor Market Overview

    29.2. Africa Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.3. Africa Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    29.4. Africa Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

    30. Small Modular Reactor Market Competitive Landscape And Company Profiles

    30.1. Small Modular Reactor Market Competitive Landscape

    30.2. Small Modular Reactor Market Company Profiles

    30.2.1. General Electric Company

    30.2.1.1. Overview

    30.2.1.2. Products and Services

    30.2.1.3. Strategy

    30.2.1.4. Financial Performance

    30.2.2. Hitachi

    30.2.2.1. Overview

    30.2.2.2. Products and Services

    30.2.2.3. Strategy

    30.2.2.4. Financial Performance

    30.2.3. Korea Electric Power Corporation (KEPCO )

    30.2.3.1. Overview

    30.2.3.2. Products and Services

    30.2.3.3. Strategy

    30.2.3.4. Financial Performance

    30.2.4. State Power Investment Corporation (SPIC)

    30.2.4.1. Overview

    30.2.4.2. Products and Services

    30.2.4.3. Strategy

    30.2.4.4. Financial Performance

    30.2.5. Mitsubishi Heavy Industries Ltd

    30.2.5.1. Overview

    30.2.5.2. Products and Services

    30.2.5.3. Strategy

    30.2.5.4. Financial Performance

    31. Small Modular Reactor Market Other Major And Innovative Companies

    31.1. OKBM Afrikantov (Rosatom)

    31.2. Bechtel Corporation

    31.3. Rolls-Royce plc.

    31.4. Fluor Corporation

    31.5. IHI Corporation

    31.6. Korea Hydro & Nuclear Power (KHNP)

    31.7. SNC-Lavalin Group

    31.8. Toshiba Energy Systems & Solutions

    31.9. Brookfield Asset Management

    31.10. General Atomics Corporation

    31.11. Curtiss-Wright Corporation

    31.12. BWX Technologies Inc.

    31.13. Nuclear Power Corporation of India Limited (NPCIL)

    31.14. China National Nuclear Corporation (CNNC)

    31.15. U-Battery Developments Ltd. (Urenco Group)

    32. Global Small Modular Reactor Market Competitive Benchmarking

    33. Global Small Modular Reactor Market Competitive Dashboard

    34. Key Mergers And Acquisitions In The Small Modular Reactor Market

    35. Small Modular Reactor Market Future Outlook and Potential Analysis

    35.1 Small Modular Reactor Market In 2028 - Countries Offering Most New Opportunities

    35.2 Small Modular Reactor Market In 2028 - Segments Offering Most New Opportunities

    35.3 Small Modular Reactor Market In 2028 - Growth Strategies

    35.3.1 Market Trend Based Strategies

    35.3.2 Competitor Strategies

    36. Appendix

    36.1. Abbreviations

    36.2. Currencies

    36.3. Historic And Forecast Inflation Rates

    36.4. Research Inquiries

    36.5. The Business Research Company

    36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Table 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Table 3: Global Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 4: Global Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 5: Global Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 6: Global Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 7: Global Small Modular Reactor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 8: Global Small Modular Reactor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 9: Asia-Pacific, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 10: Asia-Pacific, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 11: Asia-Pacific, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 12: China, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 13: China, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 14: China, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 15: India, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 16: India, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 17: India, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 18: Japan, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 19: Japan, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 20: Japan, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 21: Australia, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 22: Australia, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 23: Australia, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 24: Indonesia, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 25: Indonesia, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 26: Indonesia, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 27: South Korea, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 28: South Korea, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 29: South Korea, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 30: Western Europe, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 31: Western Europe, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 32: Western Europe, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 33: UK, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 34: UK, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 35: UK, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 36: Germany, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 37: Germany, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 38: Germany, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 39: France, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 40: France, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 41: France, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 42: Italy, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 43: Italy, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 44: Italy, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 45: Spain, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 46: Spain, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 47: Spain, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 48: Eastern Europe, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 49: Eastern Europe, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 50: Eastern Europe, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 51: Russia, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 52: Russia, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 53: Russia, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 54: North America, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 55: North America, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 56: North America, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 57: USA, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 58: USA, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 59: USA, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 60: Canada, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 61: Canada, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 62: Canada, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 63: South America, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 64: South America, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 65: South America, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 66: Brazil, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 67: Brazil, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 68: Brazil, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 69: Middle East, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 70: Middle East, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 71: Middle East, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 72: Africa, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 73: Africa, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 74: Africa, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Table 75: General Electric Company Financial Performance
  • Table 76: Hitachi Financial Performance
  • Table 77: Korea Electric Power Corporation (KEPCO ) Financial Performance
  • Table 78: State Power Investment Corporation (SPIC) Financial Performance
  • Table 79: Mitsubishi Heavy Industries Ltd Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2018-2023, $ Billion
  • Figure 2: Global Forecast Market Growth, 2023-2028F, 2033F, $ Billion
  • Figure 3: Global Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 4: Global Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 5: Global Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 6: Global Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 7: Global Small Modular Reactor Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 8: Global Small Modular Reactor Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 9: Asia-Pacific, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 10: Asia-Pacific, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 11: Asia-Pacific, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 12: China, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 13: China, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 14: China, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 15: India, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 16: India, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 17: India, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 18: Japan, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 19: Japan, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 20: Japan, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 21: Australia, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 22: Australia, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 23: Australia, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 24: Indonesia, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 25: Indonesia, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 26: Indonesia, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 27: South Korea, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 28: South Korea, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 29: South Korea, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 30: Western Europe, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 31: Western Europe, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 32: Western Europe, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 33: UK, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 34: UK, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 35: UK, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 36: Germany, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 37: Germany, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 38: Germany, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 39: France, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 40: France, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 41: France, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 42: Italy, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 43: Italy, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 44: Italy, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 45: Spain, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 46: Spain, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 47: Spain, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 48: Eastern Europe, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 49: Eastern Europe, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 50: Eastern Europe, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 51: Russia, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 52: Russia, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 53: Russia, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 54: North America, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 55: North America, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 56: North America, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 57: USA, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 58: USA, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 59: USA, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 60: Canada, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 61: Canada, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 62: Canada, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 63: South America, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 64: South America, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 65: South America, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 66: Brazil, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 67: Brazil, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 68: Brazil, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 69: Middle East, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 70: Middle East, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 71: Middle East, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 72: Africa, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 73: Africa, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 74: Africa, Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
  • Figure 75: General Electric Company Financial Performance
  • Figure 76: Hitachi Financial Performance
  • Figure 77: Korea Electric Power Corporation (KEPCO ) Financial Performance
  • Figure 78: State Power Investment Corporation (SPIC) Financial Performance
  • Figure 79: Mitsubishi Heavy Industries Ltd Financial Performance
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Frequently Asked Questions

What is the definition of the small modular reactor market?

A small modular reactor (SMR) is a compact nuclear reactor design characterized by its smaller size, simplified construction, and modular configuration for electricity generation. These are employed to provide scalable and flexible nuclear power solutions suitable for diverse applications, including remote locations, industrial processes, and grid supplementation. For further insights on the small modular reactor market, request a sample here

How will the small modular reactor market drivers and restraints affect the small modular reactor market dynamics? What forces will shape the small modular reactor industry going forward?

The small modular reactor market major growth driver - Growth Of The Small Modular Reactor Market With Rising Energy Security Concerns. For further insights on the small modular reactor market, request a sample here

What is the forecast market size or the forecast market value of the small modular reactor market?

The small modular reactor market size has grown steadily in recent years. It will grow from $6.78 billion in 2023 to $7.08 billion in 2024 at a compound annual growth rate (CAGR) of 4.3%. The growth in the historic period can be attributed to energy security concerns, regulatory support, increasing electricity demand, desire for carbon emission reduction, need for decentralized power generation. The small modular reactor market size is expected to see steady growth in the next few years. It will grow to $8.05 billion in 2028 at a compound annual growth rate (CAGR) of 3.2%. The growth in the forecast period can be attributed to growing focus on clean energy solutions, demand for flexible power generation options, increasing interest in nuclear power, rising concerns about climate change, expanding applications in industrial sectors. Major trends in the forecast period include emergence of new market players and technologies, integration of digitalization and automation, customization and modularization of reactor designs, increasing role in supporting renewable energy integration, development of hybrid energy systems. For further insights on the small modular reactor market, request a sample here

How is the small modular reactor market segmented?

The small modular reactor market is segmented
1) By Reactor Type: Light Water Reactor (LWR), Fast Neutron Reactor (FNR), Heavy Water Reactor (HWR), Other Reactor Types
2) By Power Rating: Up To 100 MW, 101 To 200 MW, 201 To 300 MW
3) By Deployment: Single Module Power Plant, Multi Module Power Plant
4) By Application: Power Generation, Desalination, Process Heat, Industrial, Hydrogen ProductionFor further insights on the small modular reactor market, request a sample here

Which region has the largest share of the small modular reactor market? What are the other regions covered in the report?

Asia-Pacific was the largest region in the small modular reactor market in 2023 and is expected to be the fastest-growing region in the forecast period. The regions covered in the small modular reactor market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on the small modular reactor market, request a sample here.

Who are the major players in the small modular reactor market?

Major companies operating in the small modular reactor market are General Electric Company, Hitachi, Korea Electric Power Corporation (KEPCO ), State Power Investment Corporation (SPIC), Mitsubishi Heavy Industries Ltd., OKBM Afrikantov (Rosatom), Bechtel Corporation, Rolls-Royce plc., Fluor Corporation, IHI Corporation, Korea Hydro & Nuclear Power (KHNP), SNC-Lavalin Group, Toshiba Energy Systems & Solutions, Brookfield Asset Management, General Atomics Corporation, Curtiss-Wright Corporation, BWX Technologies Inc., Nuclear Power Corporation of India Limited (NPCIL), China National Nuclear Corporation (CNNC), U-Battery Developments Ltd. (Urenco Group), Babcock & Wilcox, Tokamak Energy, NuScale Power LLC., ARC Energy LLC, Terrestrial Energy Inc., Holtec International, Kairos Power, TerraPower LLC. For further insights on the small modular reactor market, request a sample here.

What are the key trends in the small modular reactor market?

Major trend in the small modular reactor market - Advances In Small Modular Reactor Technology. For further insights on the small modular reactor market, request a sample here.

What are the major opportunities in the small modular reactor market? What are the strategies for the small modular reactor market?

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How does the small modular reactor market relate to the overall economy and other similar markets?

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What are the latest mergers and acquisitions in the small modular reactor industry?

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What are the key dynamics influencing the small modular reactor market growth? SWOT analysis of the small modular reactor market.

For detailed insights on the key dynamics influencing the small modular reactor market growth and SWOT analysis of the small modular reactor industry, request a sample here.