Global Small Modular Reactor Market Size study & Forecast, by Coolant (Heavy Liquid Metal, Gases, Molten Salt, Water) Type (Heavy-water Reactors, Light-water Reactors, High-temperature Reactors, Fast-neutron Reactors, Molten Salt Reactors) by Application

Global Small Modular Reactor Market Size study & Forecast, by Coolant (Heavy Liquid Metal, Gases, Molten Salt, Water) Type (Heavy-water Reactors, Light-water Reactors, High-temperature Reactors, Fast-neutron Reactors, Molten Salt Reactors) by Application (Power Generation, Desalination, Hydrogen Generation, Industrial) by End-use (Transmission & Distribution Utilities, Power Generation, Industrial, Others) by Connectivity (Grid-Connected, Off-Grid) by Location (Land, Marine) by Deployment (Single-Module Power Plant, Multi-Module Power Plant) and Regional Analysis, 2023-2030


Global Small Modular Reactor Market is valued approximately USD 5.7 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 2.3% over the forecast period 2023-2030. A Small Modular Reactor (SMR) is a type of nuclear power plant that is smaller and more flexible compared to traditional large-scale nuclear reactors. It is designed to provide electricity and heat by using nuclear reactions to generate energy. What makes SMRs special is that they are built in smaller pieces or modules, making them easier to manufacture, transport, and assemble. These modular reactors can be used in various locations, such as remote areas, industrial sites, or communities, where they can generate reliable and clean energy to meet the specific needs of those places. Its driving boosting market factors are expansion of nuclear power reactors and growing demand of electricity.

According to the Statista in 2023, there were 436 nuclear reactor operation in 32 countries around the world. The United States has the largest number of nuclear power reactors in operation which are about 93 units. The expansion of nuclear power reactors can drive the growth and adoption of small modular reactors (SMRs) due to their flexibility, cost advantages, enhanced safety features, and potential for meeting specific energy needs. Moreover, decentralized power generation and nuclear waste management will create more opportunities in the market. However, the supply chain & infrastructure, project siting and grid integration stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Small Modular Reactor Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022. The United States has been at the forefront of SMR development and deployment. The U.S. Department of Energy (DOE) has provided substantial support for SMR projects through its funding programs. NuScale Power, an American company, is one of the notable leaders in SMR technology, having received significant funding and making progress towards commercialization.

Major market player included in this report are:
Westinghouse Electric Company LLC
NuScale Power
Terrestrial Energy Inc
Moltex Energy
Hitachi Nuclear Energy
X Energy LLC
General Atomics
ARC Clean Energy
Leadcold Reactors
Toshiba Energy Systems & Solutions Corporation

Recent Developments in the Market:
 In May 2023, Nuscale Power Corporation and Nucor Corporation announced the collaboration to investigate co-locating Nusale’s VOYGR small modular nuclear reactors provide clean and reliable baseload electricity.
 In Jan 2023, Hitachi Nuclear Energy, Ontario Power Generation, SNC_Lavalin, and Aecon inked the deal for the installation of a BWROC 300 Small modular reactor at OPG’s Darlington new nuclear project site.

Global Small Modular Reactor Market Report Scope:
 Historical Data – 2020 - 2021
 Base Year for Estimation – 2022
 Forecast period - 2023-2030
 Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
 Segments Covered – Heavy Liquid Metal, Type, Application, End-use, Connectivity, Location, Deployment, Region
 Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa


The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Coolant:
Heavy Liquid Metal
Gases
Molten Salt
Water

By Type:
Heavy-water Reactors
Light-water Reactors
Fast-neutron Reactors
Molten Salt Reactors

By Application:
Power Generation
Desalination
Hydrogen Generation
Industrial

By End-use:
Transmission & Distribution Utilities
Power Generation
Industrial
Others

Connectivity:
Grid-connected
Off-grid

Location:
Land
Marine

Deployment:
Single-Module Power Plant
Multi-Module Power Plant

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.

Companies Mentioned
Westinghouse Electric Company LLC
NuScale Power
Terrestrial Energy Inc
Moltex Energy
Hitachi Nuclear Energy
X Energy LLC
General Atomics
ARC Clean Energy
Leadcold Reactors
Toshiba Energy Systems & Solutions Corporation

Please note:The single user license is non-downloadable and non-printable. Global Site license allows these actions.


Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
1.2.1. Small Modular Reactor Market, by Region, 2020-2030 (USD Billion)
1.2.2. Small Modular Reactor Market, by Coolant, 2020-2030 (USD Billion)
1.2.3. Small Modular Reactor Market, by Type, 2020-2030 (USD Billion)
1.2.4. Small Modular Reactor Market, by Application, 2020-2030 (USD Billion)
1.2.5. Small Modular Reactor Market, by End-use, 2020-2030 (USD Billion)
1.2.6. Small Modular Reactor Market, by Connectivity, 2020-2030 (USD Billion)
1.2.7. Small Modular Reactor Market, by Location, 2020-2030 (USD Billion)
1.2.8. Small Modular Reactor Market, by Deployment, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Small Modular Reactor Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Industry Evolution
2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Small Modular Reactor Market Dynamics
3.1. Small Modular Reactor Market Impact Analysis (2020-2030)
3.1.1. Market Drivers
3.1.1.1. Expansion of Nuclear Power Reactors
3.1.1.2. Growing Demand of Electricity
3.1.2. Market Challenges
3.1.2.1. Supply Chain and Infrastructure
3.1.2.2. Project Siting and Grid Integration
3.1.3. Market Opportunities
3.1.3.1. Decentralized Power Generation
3.1.3.2. Nuclear Waste Management
Chapter 4. Global Small Modular Reactor Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
4.3.1. Political
4.3.2. Economical
4.3.3. Social
4.3.4. Technological
4.3.5. Environmental
4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion
Chapter 5. Global Small Modular Reactor Market, by Coolant
5.1. Market Snapshot
5.2. Global Small Modular Reactor Market by Coolant, Performance - Potential Analysis
5.3. Global Small Modular Reactor Market Estimates & Forecasts by Coolant 2020-2030 (USD Billion)
5.4. Small Modular Reactor Market, Sub Segment Analysis
5.4.1. Heavy Liquid Metal
5.4.2. Gases
5.4.3. Molten Salt
5.4.4. Water
Chapter 6. Global Small Modular Reactor Market, by Type
6.1. Market Snapshot
6.2. Global Small Modular Reactor Market by Type, Performance - Potential Analysis
6.3. Global Small Modular Reactor Market Estimates & Forecasts by Type 2020-2030 (USD Billion)
6.4. Small Modular Reactor Market, Sub Segment Analysis
6.4.1. Heavy-water Reactors
6.4.2. Light-water Reactors
6.4.3. High-temperature Reactors
6.4.4. Fast-neutron Reactors
6.4.5. Molten Salt Reactors
Chapter 7. Global Small Modular Reactor Market, by Application
7.1. Market Snapshot
7.2. Global Small Modular Reactor Market by Application, Performance - Potential Analysis
7.3. Global Small Modular Reactor Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
7.4. Small Modular Reactor Market, Sub Segment Analysis
7.4.1. Power Generation
7.4.2. Desalination
7.4.3. Hydrogen Generation
7.4.4. Industrial
Chapter 8. Global Small Modular Reactor Market, by End-use
8.1. Market Snapshot
8.2. Global Small Modular Reactor Market by End-use, Performance - Potential Analysis
8.3. Global Small Modular Reactor Market Estimates & Forecasts by End-use 2020-2030 (USD Billion)
8.4. Small Modular Reactor Market, Sub Segment Analysis
8.4.1. Transmission & Distribution Utilities
8.4.2. Power Generation
8.4.3. Industrial
8.4.4. Others
Chapter 9. Global Small Modular Reactor Market, by Connectivity
9.1. Market Snapshot
9.2. Global Small Modular Reactor Market by Connectivity, Performance - Potential Analysis
9.3. Global Small Modular Reactor Market Estimates & Forecasts by Connectivity 2020-2030 (USD Billion)
9.4. Small Modular Reactor Market, Sub Segment Analysis
9.4.1. Grid-Connected
9.4.2. Off-Grid
Chapter 10. Global Small Modular Reactor Market, by Location
10.1. Market Snapshot
10.2. Global Small Modular Reactor Market by Location, Performance - Potential Analysis
10.3. Global Small Modular Reactor Market Estimates & Forecasts by Location 2020-2030 (USD Billion)
10.4. Small Modular Reactor Market, Sub Segment Analysis
10.4.1. Land
10.4.2. Marine
Chapter 11. Global Small Modular Reactor Market, by End-use
11.1. Market Snapshot
11.2. Global Small Modular Reactor Market by End-use, Performance - Potential Analysis
11.3. Global Small Modular Reactor Market Estimates & Forecasts by End-use 2020-2030 (USD Billion)
11.4. Small Modular Reactor Market, Sub Segment Analysis
11.4.1. Single-Module Power Plant
11.4.2. Multi-Module Power Plant
Chapter 12. Global Small Modular Reactor Market, Regional Analysis
12.1. Top Leading Countries
12.2. Top Emerging Countries
12.3. Small Modular Reactor Market, Regional Market Snapshot
12.4. North America Small Modular Reactor Market
12.4.1. U.S. Small Modular Reactor Market
12.4.1.1. Coolant breakdown estimates & forecasts, 2020-2030
12.4.1.2. Type breakdown estimates & forecasts, 2020-2030
12.4.1.3. Application breakdown estimates & forecasts, 2020-2030
12.4.1.4. End-use breakdown estimates & forecasts, 2020-2030
12.4.1.5. Connectivity breakdown estimates & forecasts, 2020-2030
12.4.1.6. Location breakdown estimates & forecasts, 2020-2030
12.4.1.7. Deployment breakdown estimates & forecasts, 2020-2030
12.4.2. Canada Small Modular Reactor Market
12.5. Europe Small Modular Reactor Market Snapshot
12.5.1. U.K. Small Modular Reactor Market
12.5.2. Germany Small Modular Reactor Market
12.5.3. France Small Modular Reactor Market
12.5.4. Spain Small Modular Reactor Market
12.5.5. Italy Small Modular Reactor Market
12.5.6. Rest of Europe Small Modular Reactor Market
12.6. Asia-Pacific Small Modular Reactor Market Snapshot
12.6.1. China Small Modular Reactor Market
12.6.2. India Small Modular Reactor Market
12.6.3. Japan Small Modular Reactor Market
12.6.4. Australia Small Modular Reactor Market
12.6.5. South Korea Small Modular Reactor Market
12.6.6. Rest of Asia Pacific Small Modular Reactor Market
12.7. Latin America Small Modular Reactor Market Snapshot
12.7.1. Brazil Small Modular Reactor Market
12.7.2. Mexico Small Modular Reactor Market
12.8. Middle East & Africa Small Modular Reactor Market
12.8.1. Saudi Arabia Small Modular Reactor Market
12.8.2. South Africa Small Modular Reactor Market
12.8.3. Rest of Middle East & Africa Small Modular Reactor Market
Chapter 13. Competitive Intelligence
13.1. Key Company SWOT Analysis
13.1.1. Company 1
13.1.2. Company 2
13.1.3. Company 3
13.2. Top Market Strategies
13.3. Company Profiles
13.3.1. Westinghouse Electric Company LLC
13.3.1.1. Key Information
13.3.1.2. Overview
13.3.1.3. Financial (Subject to Data Availability)
13.3.1.4. Product Summary
13.3.1.5. Recent Developments
13.3.2. NuScale Power
13.3.3. Terrestrial Energy Inc
13.3.4. Moltex Energy
13.3.5. Hitachi Nuclear Energy
13.3.6. X Energy LLC
13.3.7. General Atomics
13.3.8. ARC Clean Energy
13.3.9. Leadcold Reactors
13.3.10. Toshiba Energy Systems & Solutions Corporation
Chapter 14. Research Process
14.1. Research Process
14.1.1. Data Mining
14.1.2. Analysis
14.1.3. Market Estimation
14.1.4. Validation
14.1.5. Publishing
14.2. Research Attributes
14.3. Research Assumption
List of Tables
TABLE 1. Global Small Modular Reactor Market, report scope
TABLE 2. Global Small Modular Reactor Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Small Modular Reactor Market estimates & forecasts by Coolant 2020-2030 (USD Billion)
TABLE 4. Global Small Modular Reactor Market estimates & forecasts by Type 2020-2030 (USD Billion)
TABLE 5. Global Small Modular Reactor Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 6. Global Small Modular Reactor Market estimates & forecasts by End-use 2020-2030 (USD Billion)
TABLE 7. Global Small Modular Reactor Market estimates & forecasts by Connectivity 2020-2030 (USD Billion)
TABLE 8. Global Small Modular Reactor Market estimates & forecasts by Location 2020-2030 (USD Billion)
TABLE 9. Global Small Modular Reactor Market estimates & forecasts by Deployment 2020-2030 (USD Billion)
TABLE 10. Global Small Modular Reactor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Small Modular Reactor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Small Modular Reactor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Small Modular Reactor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Small Modular Reactor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Small Modular Reactor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. Global Small Modular Reactor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. Global Small Modular Reactor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 18. Global Small Modular Reactor Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 19. Global Small Modular Reactor Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. U.S. Small Modular Reactor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 21. U.S. Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. U.S. Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 23. Canada Small Modular Reactor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 24. Canada Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Canada Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 26. UK Small Modular Reactor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 27. UK Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. UK Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 29. Germany Small Modular Reactor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 30. Germany Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Germany Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 32. France Small Modular Reactor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 33. France Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. France Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 35. Italy Small Modular Reactor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 36. Italy Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. Italy Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 38. Spain Small Modular Reactor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 39. Spain Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. Spain Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 41. RoE Small Modular Reactor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 42. RoE Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. RoE Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 44. China Small Modular Reactor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 45. China Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. China Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 47. India Small Modular Reactor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 48. India Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. India Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 50. Japan Small Modular Reactor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 51. Japan Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Japan Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 53. South Korea Small Modular Reactor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 54. South Korea Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. South Korea Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 56. Australia Small Modular Reactor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 57. Australia Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Australia Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 59. RoAPAC Small Modular Reactor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 60. RoAPAC Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. RoAPAC Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 62. Brazil Small Modular Reactor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 63. Brazil Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. Brazil Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 65. Mexico Small Modular Reactor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 66. Mexico Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Mexico Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 68. RoLA Small Modular Reactor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 69. RoLA Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. RoLA Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 71. Saudi Arabia Small Modular Reactor Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 72. South Africa Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 73. RoMEA Small Modular Reactor Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 74. List of secondary sources, used in the study of global Small Modular Reactor Market
TABLE 75. List of primary sources, used in the study of global Small Modular Reactor Market
TABLE 76. Years considered for the study
TABLE 77. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable
List of figures
FIGURES 1. Global Small Modular Reactor Market, research methodology
FIGURES 2. Global Small Modular Reactor Market, Market estimation techniques
FIGURES 3. Global Market size estimates & forecast methods
FIGURES 4. Global Small Modular Reactor Market, key trends 2022
FIGURES 5. Global Small Modular Reactor Market, growth prospects 2023-2030
FIGURES 6. Global Small Modular Reactor Market, porters 5 force model
FIGURES 7. Global Small Modular Reactor Market, pest analysis
FIGURES 8. Global Small Modular Reactor Market, value chain analysis
FIGURES 9. Global Small Modular Reactor Market by segment, 2020 & 2030 (USD Billion)
FIGURES 10. Global Small Modular Reactor Market by segment, 2020 & 2030 (USD Billion)
FIGURES 11. Global Small Modular Reactor Market by segment, 2020 & 2030 (USD Billion)
FIGURES 12. Global Small Modular Reactor Market by segment, 2020 & 2030 (USD Billion)
FIGURES 13. Global Small Modular Reactor Market by segment, 2020 & 2030 (USD Billion)
FIGURES 14. Global Small Modular Reactor Market, regional snapshot 2020 & 2030
FIGURES 15. North America Small Modular Reactor Market 2020 & 2030 (USD Billion)
FIGURES 16. Europe Small Modular Reactor Market 2020 & 2030 (USD Billion)
FIGURES 17. Asia pacific Small Modular Reactor Market 2020 & 2030 (USD Billion)
FIGURES 18. Latin America Small Modular Reactor Market 2020 & 2030 (USD Billion)
FIGURES 19. Middle East & Africa Small Modular Reactor Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

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