Small Modular Reactor Market 2025-2029
The small modular reactor market is forecasted to grow by USD 1818.1 mn during 2024-2029, accelerating at a CAGR of 5.2% during the forecast period. The report on the small modular reactor market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by investments in smr development, growth of renewable energy sector, and focus on decarbonization objectives.
Technavio's small modular reactor market is segmented as below:
By Capacity
By Application
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the advances in smr technology as one of the prime reasons driving the small modular reactor market growth during the next few years. Also, integration of smrs in ai data centers and strategic partnerships between vendors will lead to sizable demand in the market.
The report on the small modular reactor market covers the following areas:
- Small Modular Reactor Market sizing
- Small Modular Reactor Market forecast
- Small Modular Reactor Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading small modular reactor market vendors that include AtkinsRealis Group Inc, Fluor Corp., General Atomics, GE Vernova Inc., Holtec International, KAIROS POWER LLC, MoltexFLEX Ltd., Rolls Royce Holdings Plc, Seaborg Technologies ApS, State Atomic Energy Corp. Rosatom, TERRAPOWER LLC, Terrestrial Energy Inc., ThorCon, ULTRA SAFE NUCLEAR, Westinghouse Electric Co. LLC, and X Energy LLC. Also, the small modular reactor market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.