Small Modular Reactor Global Market Report 2024

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

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Small Modular Reactor Global Market Report 2024

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Small Modular Reactor Market Definition

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.

Small Modular Reactor Market Segmentation

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

Global Small Modular Reactor Market Size 2023 to 2028: Graph

Small Modular Reactor Market Size 2024 And Growth Rate

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.

Small Modular Reactor Market Growth Forecast

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.

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Small Modular Reactor Market Driver: 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.

Global Small Modular Reactor Market Major Players

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.

Global Small Modular Reactor Market Trend: 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.

Small Modular Reactor Market Merger And Acquisition: 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).

Regional Insights For The Global Small Modular Reactor Market

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 Forecast and Analysis

Report Attribute	Details
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	The countries covered in the report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report for an additional fee: Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, 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 Scope	Request for Sample
Pricing And Purchase Options	Explore Purchase Options

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?

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?

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?

For detailed insights on the mergers and acquisitions in the small modular reactor industry, request a sample here.

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.