Global Small Modular Reactors (SMRs) Market Growth (Status and Outlook) 2023-2029

Global Small Modular Reactors (SMRs) Market Growth (Status and Outlook) 2023-2029

Small modular reactors (SMRs) are a type of nuclear fission reactor which are smaller than conventional reactors, and manufactured at a plant and brought to a site to be assembled. The International Atomic Energy Agency (IAEA) defines 'small' as under 300 MWe. This report focus on Small modular reactors (SMRs) market.

LPI (LP Information)' newest research report, the “Small Modular Reactors (SMRs) Industry Forecast” looks at past sales and reviews total world Small Modular Reactors (SMRs) sales in 2022, providing a comprehensive analysis by region and market sector of projected Small Modular Reactors (SMRs) sales for 2023 through 2029. With Small Modular Reactors (SMRs) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Small Modular Reactors (SMRs) industry.

This Insight Report provides a comprehensive analysis of the global Small Modular Reactors (SMRs) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Small Modular Reactors (SMRs) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Small Modular Reactors (SMRs) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Small Modular Reactors (SMRs) 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 Small Modular Reactors (SMRs).

The global Small Modular Reactors (SMRs) market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

Modular reactors allow for less on-site construction, increased containment efficiency, and heightened nuclear materials security. SMRs have been proposed as a way to bypass financial barriers that have plagued conventional nuclear reactors.

This report presents a comprehensive overview, market shares, and growth opportunities of Small Modular Reactors (SMRs) market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Thermal-neutron Reactors
Fast-neutron Reactors

Segmentation by application
Large Vessels
Industrial
Commercial
Others

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.
Toshiba
OKBM Afrikantov
OKB Gidropress
Atomenergoprom
CNEA & INVAP
Seaborg Technologies
IPPE & Teploelektroproekt Design
Kurchatov Institute
Areva TA (DCNS group)
International Thorium Molten Salt Forum (ITMSF)
Gen4 Energy
Terrestrial Energy
Westinghouse-led
JAERI
NuScale Power LLC
Eskom
KAERI
Holtec International
Moltex Energy
GE Hitachi Nuclear Energy
Intellectual Ventures
U-Battery consortium
Atomstroyexport
Westinghouse Electric Company
X-energy

Please note: The report will take approximately 2 business days to prepare and deliver.