London, 02 July 2015: Technavio, the independent tech-focused global research firm, has published a report on the Global Nuclear Power Market 2015-2019, which is expected to grow moderately at a CAGR of 2.26% during the forecast period of 2014-2019.
“Technologically advanced reactors with improved designs are being developed. These reactors have simpler designs, are fuel efficient and inherently safer,” says Faisal Ghaus, Vice President of Technavio.
“Advanced and safer reactor technologies such as water cooled reactors, gas cooled reactors, sodium-cooled fast reactors, small- and medium-sized reactors are now being used.”
Key Market Drivers
- Reliability of Nuclear Power
- Rise in Global Energy Demand
- Abundance of Uranium
Key Market Trends
- Advances in Nuclear Technology
- Climate Change Issues
- Supply Security
Key Market Vendors
- Areva TN.
- China National Nuclear Corporation (CNNC)
- Larsen and Toubro Ltd. (L&T)
- NIAEP-ASE United Company
- Westinghouse Electric Company LLC
To define the market circumstances in the next 3-4 years, Technavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
