Our Offerings
By Industry By Function
About Us
Our Viewpoint
NEW
 Senior Management Experts Panel Global Consultants Press Releases Blog
Infographics Market Insights Case Studies Illustrations In The Press
Contact Us
The Business Research Company Logo
Reports Store
Top 50 Healthcare Market Reports
NEW
 Top 50 Non-Healthcare Market Reports
NEW
 Opportunities And Strategies Reports Aerospace And Defense Agriculture Chemicals Construction
Electrical And Electronics Financial Services Food And Beverages Healthcare Services Hospitality Information Technology Machinery Media
Medical Equipment Metal And Mineral Mining Oil And Gas Paper, Plastics, Rubber, Wood And Textile Pharmaceuticals Professional Services Recreation
Retail And Wholesale Services Social Services Transport Transport Services Utilities Veterinary Healthcare Filter Reports by Trends
NEW
Market Intelligence Platform
About GMM Global Forecast
NEW
 Mega Trends Analysis
Consultancies Corporate Planning & Strategy Academic Financial Services Legal Services
Pricing Methodology Sources FAQ Press Coverage
Customized Research
Find Customers Optimise Your Marketing Mix Evaluate Competitors Identify Market Opportunities Develop Products And Services
Distributor And Partner Research Plan Finances Streamline Your Operations Devise Market Entry Strategy Explore Custom Research Packages
NEW
Continuous Research
Desk Research Research Reports Senior Executive Interviews Consumer Research Market Sizing And Forecasts
Company Information Analytics And Data Visualization Research Automation Web Crawling And Spidering AI-Empowered Research Services
Request Proposal
Small Modular Reactor Global Market Report 2025
Request Sample Buy Now
Global Small Modular Reactor Market Report 2025

Report Price : $4490.00

Pages : 175

Format : PDF

Published : January 2025

Delivery Time : 2-3 Business Days

Purchase This Report
Purchase This Report

Small Modular Reactor Global Market Report 2025

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) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Small Modular Reactor Market Overview

• Small Modular Reactor market size has reached to $0.27 billion in 2024

• Expected to grow to $2.73 billion in 2029 at a compound annual growth rate (CAGR) of 42.1%

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

• Market Trend: Advances In Small Modular Reactor Technology

• Asia-Pacific was the largest region in 2024.

What Is Covered Under 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.

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 Size and growth rate 2025 to 2029: Graph

What Is The Small Modular Reactor Market Size 2025 And Growth Rate?

The small modular reactor market size has grown exponentially in recent years. It will grow from $0.27 billion in 2024 to $0.67 billion in 2025 at a compound annual growth rate (CAGR) of 150.5%. 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.

What Is The Small Modular Reactor Market Growth Forecast?

The small modular reactor market size is expected to see exponential growth in the next few years. It will grow to $2.73 billion in 2029 at a compound annual growth rate (CAGR) of 42.1%. 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.

The forecast of 42.1% growth over the next five years reflects a modest reduction of 0.4% from the previous estimate for this market. This reduction is primarily due to the impact of tariffs between the US and other countries. This is likely to directly affect the US through constrained availability of nuclear-grade steel pressure vessels and passive safety valves, predominantly manufactured in South Korea and France, increasing costs for next-generation nuclear plants. The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

Customer representative image Book your 30 minutes free consultation with our research experts
Contact Us

What’s The Trade War Impact On Electrical and Electronics Industry?

The rapid rise in U.S. tariffs and the subsequent trade frictions in spring 2025 are having a major impact on the electrical and electronics sector, with semiconductors, display panels, and rare-earth metals (essential for batteries and motors) subject to steep duties. Consumer electronics brands face profit erosion, as competitive markets limit their ability to pass costs to buyers. Industrial electronics manufacturers, meanwhile, grapple with delayed projects due to shortages of tariff-impacted components like printed circuit boards. Companies are responding by relocating assembly to tariff-exempt countries, increasing inventory buffers, and redesigning products to reduce dependency on restricted materials.

How Is The Small Modular Reactor Market Segmented?

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

Subsegments:

1) By Light Water Reactor (LWR): Pressurized Water Reactor (PWR), Boiling Water Reactor (BWR)

2) By Fast Neutron Reactor (FNR): Sodium-coOLED Fast Reactor (SFR), Lead-coOLED Fast Reactor (LFR)

3) By Heavy Water Reactor (HWR): Candu Reactor

4) By Other Reactor Types: High-Temperature Gas-coOLED Reactor (HTGR), Molten Salt Reactor (MSR), Gas-coOLED Fast Reactor (GFR)

What Is Driving The Small Modular Reactor Market? 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.

Who Are The Major Players In The Global 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.

What Are The Key Trends Of The Global Small Modular Reactor Market? 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.

Need data on a specific region in this market?
Request Customisation

What Are Latest Mergers And Acquisitions In The Small Modular Reactor Market? 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).

What Is The Regional Outlook For The Global Small Modular Reactor Market?

Asia-Pacific was the largest region in the small modular reactor market in 2024 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.

What Defines the Small Modular Reactor Market?

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.

How is Market Value Defined and Measured?

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.

What is the Market Assessment and Strategic Outlook for the Small Modular Reactor Industry?

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 Analysis

Report AttributeDetails
Market Size Value In 2025 $0.67 billion
Revenue Forecast In 2034 $2.73 billion
Growth Rate CAGR of 42.1% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
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 Subsegments: 1) By Light Water Reactor (LWR): Pressurized Water Reactor (PWR), Boiling Water Reactor (BWR)
2) By Fast Neutron Reactor (FNR): Sodium-cooled Fast Reactor (SFR), Lead-cooled Fast Reactor (LFR)
3) By Heavy Water Reactor (HWR): Candu Reactor
4) By Other Reactor Types: High-Temperature Gas-cooled Reactor (HTGR), Molten Salt Reactor (MSR), Gas-cooled Fast Reactor (GFR)
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 are 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 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 Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Small Modular Reactor Growth Analysis And Strategic Analysis Framework

5.1. Global Small Modular Reactor PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

5.2. Analysis Of End Use Industries

5.3. Global Small Modular Reactor Market Growth Rate Analysis

5.4. Global Small Modular Reactor Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Small Modular Reactor Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Small Modular Reactor Total Addressable Market (TAM)

6. Small Modular Reactor Market Segmentation

6.1. Global Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

Single Module Power Plant

Multi Module Power Plant

6.4. Global Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Power Generation

Desalination

Process Heat

Industrial

Hydrogen Production

6.5. Global Small Modular Reactor Market, Sub-Segmentation Of Light Water Reactor (LWR), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Pressurized Water Reactor (PWR)

Boiling Water Reactor (BWR)

6.6. Global Small Modular Reactor Market, Sub-Segmentation Of Fast Neutron Reactor (FNR), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Sodium-cooled Fast Reactor (SFR)

Lead-cooled Fast Reactor (LFR)

6.7. Global Small Modular Reactor Market, Sub-Segmentation Of Heavy Water Reactor (HWR), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Candu Reactor

6.8. Global Small Modular Reactor Market, Sub-Segmentation Of Other Reactor Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

High-Temperature Gas-cooled Reactor (HTGR)

Molten Salt Reactor (MSR)

Gas-cooled Fast Reactor (GFR)

7. Small Modular Reactor Market Regional And Country Analysis

7.1. Global Small Modular Reactor Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Small Modular Reactor Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Small Modular Reactor Market

8.1. Asia-Pacific Small Modular Reactor Market Overview

Region Information, 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, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Small Modular Reactor Market

10.1. India Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Small Modular Reactor Market

12.1. Australia Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Small Modular Reactor Market

13.1. Indonesia Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Small Modular Reactor Market

16.1. UK Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Small Modular Reactor Market

17.1. Germany Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Small Modular Reactor Market

18.1. France Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Small Modular Reactor Market

19.1. Italy Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Small Modular Reactor Market

20.1. Spain Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Small Modular Reactor Market

22.1. Russia Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Small Modular Reactor Market

27.1. Brazil Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ 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 Overview, Products and Services, Strategy and Financial Analysis

30.2.2. Hitachi Overview, Products and Services, Strategy and Financial Analysis

30.2.3. Korea Electric Power Corporation (KEPCO ) Overview, Products and Services, Strategy and Financial Analysis

30.2.4. State Power Investment Corporation (SPIC) Overview, Products and Services, Strategy and Financial Analysis

30.2.5. Mitsubishi Heavy Industries Ltd Overview, Products and Services, Strategy and Financial Analysis

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 And Dashboard

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

34. Recent Developments In The Small Modular Reactor Market

35. Small Modular Reactor Market High Potential Countries, Segments and Strategies

35.1 Small Modular Reactor Market In 2029 - Countries Offering Most New Opportunities

35.2 Small Modular Reactor Market In 2029 - Segments Offering Most New Opportunities

35.3 Small Modular Reactor Market In 2029 - 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, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Small Modular Reactor Market, Sub-Segmentation Of Light Water Reactor (LWR), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Small Modular Reactor Market, Sub-Segmentation Of Fast Neutron Reactor (FNR), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Small Modular Reactor Market, Sub-Segmentation Of Heavy Water Reactor (HWR), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Small Modular Reactor Market, Sub-Segmentation Of Other Reactor Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Global Small Modular Reactor Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Global Small Modular Reactor Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: Asia-Pacific, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: Asia-Pacific, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: China, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: China, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: India, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: India, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Japan, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Japan, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Australia, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Australia, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: Indonesia, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: Indonesia, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: South Korea, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: South Korea, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: Western Europe, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: Western Europe, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: UK, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: UK, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: Germany, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: Germany, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: France, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: France, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Italy, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Italy, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Spain, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Spain, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Eastern Europe, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Eastern Europe, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: Russia, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: Russia, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: North America, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: North America, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: USA, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: USA, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: Canada, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: Canada, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: South America, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: South America, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Brazil, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Brazil, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Middle East, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Middle East, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Africa, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 78: Africa, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 79: General Electric Company Financial Performance
  • Table 80: Hitachi Financial Performance
  • Table 81: Korea Electric Power Corporation (KEPCO ) Financial Performance
  • Table 82: State Power Investment Corporation (SPIC) Financial Performance
  • Table 83: Mitsubishi Heavy Industries Ltd Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Small Modular Reactor Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Small Modular Reactor Market, Sub-Segmentation Of Light Water Reactor (LWR), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Small Modular Reactor Market, Sub-Segmentation Of Fast Neutron Reactor (FNR), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Small Modular Reactor Market, Sub-Segmentation Of Heavy Water Reactor (HWR), By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Small Modular Reactor Market, Sub-Segmentation Of Other Reactor Types, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Global Small Modular Reactor Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Global Small Modular Reactor Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: Asia-Pacific, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: Asia-Pacific, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: China, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: China, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: India, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: India, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Japan, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Japan, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Australia, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Australia, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: Indonesia, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: Indonesia, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: South Korea, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: South Korea, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: Western Europe, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: Western Europe, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: UK, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: UK, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: Germany, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: Germany, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: France, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: France, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Italy, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Italy, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Spain, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Spain, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Eastern Europe, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Eastern Europe, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: Russia, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: Russia, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: North America, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: North America, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: USA, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: USA, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: Canada, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: Canada, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: South America, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: South America, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Brazil, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Brazil, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Middle East, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Middle East, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Small Modular Reactor Market, Segmentation By Reactor Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Africa, Small Modular Reactor Market, Segmentation By Power Rating, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 78: Africa, Small Modular Reactor Market, Segmentation By Deployment, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 79: General Electric Company Financial Performance
  • Figure 80: Hitachi Financial Performance
  • Figure 81: Korea Electric Power Corporation (KEPCO ) Financial Performance
  • Figure 82: State Power Investment Corporation (SPIC) Financial Performance
  • Figure 83: Mitsubishi Heavy Industries Ltd Financial Performance

Global Terminal Block Market Projected to Reach $5.88 Billion by 2029 at a CAGR of 6.2%

Read More About Global Terminal Block Market Projected to Reach $5.88 Billion by 2029 at a CAGR of 6.2%

Thermal Systems Market in Focus: Forecasting Growth Drivers, Scaling Potential, and Global Opportunities

Read More About Thermal Systems Market in Focus: Forecasting Growth Drivers, Scaling Potential, and Global Opportunities

Thin Film Solar Cell Market Outlook 2025: Mapping Growth, Innovation, and Regional Shifts

Read More About Thin Film Solar Cell Market Outlook 2025: Mapping Growth, Innovation, and Regional Shifts

Global Thin Wafer Market Trends: Regional Breakdowns and Strategic Insights

Read More About Global Thin Wafer Market Trends: Regional Breakdowns and Strategic Insights

Explore trends and growth drivers in the global IoT smart pressure sensors market with detailed insights.

Read More About Explore trends and growth drivers in the global IoT smart pressure sensors market with detailed insights.

Get insights into the global electronic shift operations management solutions market trends and forecasts.

Read More About Get insights into the global electronic shift operations management solutions market trends and forecasts.

Discover growth drivers, market share, and trends in the global semiconductor lithography equipment market.

Read More About Discover growth drivers, market share, and trends in the global semiconductor lithography equipment market.

Get insights on the global Smart Trash Bin Market including latest trends, forecasts, and key statistics from The Business Research Company.

Read More About Get insights on the global Smart Trash Bin Market including latest trends, forecasts, and key statistics from The Business Research Company.

Oilfield Chemicals Global Market Report 2025 – By Type( Polymers, Corrosion And Scale Inhibitors, Demulsifies, Surfactants, Gellants And Viscosifiers, Other Types), By Location( Onshore, Offshore), By Application( Drilli...

View Report

Artificial Organ Global Market Report 2025 – By Organ Type (Artificial Heart, Artificial Kidney, Artificial Liver, Artificial Pancreas, Other Organ Types), By Material (Silicone, Plastic, Steel, Biomaterials ), By Fixati...

View Report

Catalepsy Treatment Global Market Report 2025 – By Type (Drugs, Psychotherapy, Other Types), By Route of Administration (Oral, Parenteral, Other Routes), By End User (Hospitals, Specialty Clinics, Other Users) – Impact o...

View Report

Entertainment And Media Global Market Report 2025 – By Product (Film, Music, Social Media, Video And Animation, Video Games, Other Products), By Revenue Type (Advertisement Revenue, Subscription-Based Revenue, Other Reve...

View Report

Clinical Chemistry Analyzers Global Market Report 2025 – By Product (Clinical Chemistry Analyzers, Clinical Chemistry Reagents, Other Products), By Analyzer Technology (Semi-Automated Clinical Chemistry Analyzers, Fully ...

View Report

Industrial Margarine Global Market Report 2025 – By Product (Spreadable, All-Purpose, Butter Blend, Liquid, Other Products), By Source (Animal Source, Plant Source), By Form (Hard, Soft), By Application (Bakery, Confecti...

View Report

Matcha Global Market Report 2025 – By Product (Regular, Flavored), By Form (Powder, Liquid), By Grade (Café, Ceremonial, Classic, Culinary), By Distribution Channel (Hypermarket And Supermarket, Specialty Retail Stores, ...

View Report

Benefits Navigation Platform Global Market Report 2025 – By Type (For Employers, For Employees), By Solution (Software, Services), By Application (Large Enterprises, Small And Medium-Sized Enterprises (SMEs)), By Industr...

View Report

Frequently Asked Questions

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 this market, request a sample here

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

The small modular reactor market size has grown exponentially in recent years. It will grow from $0.27 billion in 2024 to $0.67 billion in 2025 at a compound annual growth rate (CAGR) of 150.5%. 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 exponential growth in the next few years. It will grow to $2.73 billion in 2029 at a compound annual growth rate (CAGR) of 42.1%. 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 this market, request a sample here

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 Subsegments:
1) By Light Water Reactor (LWR): Pressurized Water Reactor (PWR), Boiling Water Reactor (BWR)
2) By Fast Neutron Reactor (FNR): Sodium-cooled Fast Reactor (SFR), Lead-cooled Fast Reactor (LFR)
3) By Heavy Water Reactor (HWR): Candu Reactor
4) By Other Reactor Types: High-Temperature Gas-cooled Reactor (HTGR), Molten Salt Reactor (MSR), Gas-cooled Fast Reactor (GFR) For further insights on this market, request a sample here

Asia-Pacific was the largest region in the small modular reactor market in 2024 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 this market, request a sample here.

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 this market, request a sample here.

Major trends in this market include Advances In Small Modular Reactor Technology. For further insights on this market, request a sample here.

Customer representative image Book your 30 minutes free consultation with our research experts
Contact Us
Global Small Modular Reactor Market Report 2025

Wait, we have a special offer for you! ✋

Get your exclusive 20% discount only on the Global Market Reports now using the code ONLINE20*

YES, get the discount! No, I'd pay the full price

*Copy paste the discount code in the cart

Back to top