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The nuclear power generation size is projected to reach US$ 299.1 billion by 2030 from US$ 271.4 billion in 2022; the market is expected to register a CAGR of 1.2% during 2022-2030.
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The nuclear power generation market trends are likely to provide novel solutions to meet the skyrocketing demand for electricity. Rising energy demand and growing focus on energy transition to clean alternatives are expected to propel the need for nuclear power plants during the forecast period. Energy demand worldwide is increasing due to population outbursts and increasing industrialization.
Various countries are seeking diverse and reliable energy sources to decrease their dependence on fossil fuels and ensure a stable energy supply. Thus, the rise in demand for clean electricity, along with the carbon emission reduction targets by governments across the globe, is expected to fuel the nuclear power generation market growth from 2022 to 2030.
key company profiles
Electricite de France
China National Nuclear Corporation
KEPCO
Dominion Energy Inc.
GE
Duke Energy Corporation
Enel SpA
NextEra Energy, Inc.
State Atomic Energy Corporation
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