Global Replacement Demand for Steam Generators Propelling Growth in the Global Nuclear Steam Generator Market: Technavio Report

Renewable energy

 

  • The key vendors in the Global Nuclear Steam Generator Market 2014-2018 are Areva Inc., Hitachi-GE Nuclear Energy Ltd., The State Atomic Energy Corp. (ROSATOM) and Westinghouse Electric Co. LLC.

London, 03 September 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Nuclear Steam Generator Market 2014-2018. One of the major trends emerging in the market is the advances in technology. Many countries are investing in more reliable and safer nuclear reactors such as generation III plus reactors. The overall market is expected to grow at a CAGR of 9 percent during the forecast period of 2013-2018.

“There has been an increase in the nuclear power installations in the APAC region because of the growing power demand that is driven by the economic development and the growth of the population,” Faisal Ghaus, Vice President of TechNavio Research.

To define the market conditions 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. 

          

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