Global Nuclear Power Castings and Forgings Market Growth (Status and Outlook) 2024-2030
Nuclear power castings and forgings are essential components used in the construction and maintenance of nuclear reactors. These components are critical for ensuring the structural integrity, safety, and efficiency of nuclear power plants. Nuclear power castings and forgings mainly cover components for steam generators, pressure vessels, pressurizers, reactor coolant pumps, etc.
The global Nuclear Power Castings and Forgings market size is projected to grow from US$ 1484 million in 2024 to US$ 2181 million in 2030; it is expected to grow at a CAGR of 6.6% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Nuclear Power Castings and Forgings Industry Forecast” looks at past sales and reviews total world Nuclear Power Castings and Forgings sales in 2022, providing a comprehensive analysis by region and market sector of projected Nuclear Power Castings and Forgings sales for 2023 through 2029. With Nuclear Power Castings and Forgings sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Nuclear Power Castings and Forgings industry.
This Insight Report provides a comprehensive analysis of the global Nuclear Power Castings and Forgings landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Nuclear Power Castings and Forgings portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Nuclear Power Castings and Forgings market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Nuclear Power Castings and Forgings and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Nuclear Power Castings and Forgings.
Global key players of Nuclear Power Castings and Forgings include Doosan Enerbility, Japan Steel Works M&E, China First Heavy Industries, etc. The top three players hold a share about 42%. Asia Pacific is the largest market for Nuclear Power Castings and Forgings, which has a share about 40%, followed by Europe and North America, with share 33% and 25%, separately. In terms of product type, Forgings is the largest segment, occupied for a share of 92%. In terms of application, Nuclear Island is the largest field with a share about 79%.
This report presents a comprehensive overview, market shares, and growth opportunities of Nuclear Power Castings and Forgings market by product type, application, key players and key regions and countries.
Segmentation by Type:
Forgings
Castings
Segmentation by Application:
Nuclear Island
Conventional Island
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Forgings
Castings
Segmentation by Application:
Nuclear Island
Conventional Island
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Doosan Enerbility
Japan Steel Works M&E
China First Heavy Industries
RongFa Nuclear Equipment
Framatome
Sinomach Heavy Equipment
Shanghai Electric SHMP Casting & Forging
LARSEN & TOUBRO LIMITED
Sheffield Forgemasters
Please note: The report will take approximately 2 business days to prepare and deliver.