Spent Nuclear Fuel (SNF) Dry Storage Casks Market Report: Trends, Forecast and Competitive Analysis to 2030

Spent Nuclear Fuel (SNF) Dry Storage Casks Market Report: Trends, Forecast and Competitive Analysis to 2030

Spent Nuclear Fuel (SNF) Dry Storage Casks Trends and Forecast

The future of the global spent nuclear fuel (SNF) dry storage casks market looks promising with opportunities in the large nuclear power plant and small nuclear power plant markets. The global spent nuclear fuel (SNF) dry storage casks market is expected to reach an estimated $2.9 billion by 2030 with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are growing nuclear energy generation, stringent regulatory requirements, and rising demand for excellent storage conditions and capacity for nuclear fuel.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Spent Nuclear Fuel (SNF) Dry Storage Casks by Segment

The study includes a forecast for the global spent nuclear fuel (SNF) dry storage casks by type, application, and region.

Spent Nuclear Fuel (SNF) Dry Storage Casks Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Concrete
• Steel

Spent Nuclear Fuel (SNF) Dry Storage Casks Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Large Nuclear Power Plants
• Small Nuclear Power Plants

Spent Nuclear Fuel (SNF) Dry Storage Casks Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Spent Nuclear Fuel (SNF) Dry Storage Casks Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies spent nuclear fuel (SNF) dry storage casks companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the spent nuclear fuel (SNF) dry storage casks companies profiled in this report include-

• Areva
• British Nuclear Fuels
• Hitachi Zosen
• Holtec
• Mitsubishi Heavy Industries
• NAC
• OCL
• Transnuclear
• Skoda JS
• Fluor

Spent Nuclear Fuel (SNF) Dry Storage Casks Market Insights

Lucintel forecasts that steel is expected to witness the higher growth over the forecast period due to superior strength and durability.

Within this market, large nuclear power plant is expected to witness the higher growth as it helps in developing more spent nuclear fuel.

APAC is expected to witness highest growth over the forecast period due to strong investment in nuclear energy and favorable regulatory environment.

Features of the Global Spent Nuclear Fuel (SNF) Dry Storage Casks Market

Market Size Estimates: Spent nuclear fuel (SNF) dry storage casks market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Spent nuclear fuel (SNF) dry storage casks market size by type, application, and region in terms of value ($B).

Regional Analysis: Spent nuclear fuel (SNF) dry storage casks market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the spent nuclear fuel (SNF) dry storage casks market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the spent nuclear fuel (SNF) dry storage casks market.

Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

FAQ

Q1. What is the spent nuclear fuel (SNF) dry storage casks market size?

Answer: The global spent nuclear fuel (SNF) dry storage casks market is expected to reach an estimated $2.9 billion by 2030.

Q2. What is the growth forecast for spent nuclear fuel (SNF) dry storage casks market?

Answer: The global spent nuclear fuel (SNF) dry storage casks market is expected to grow with a CAGR of 6.3% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the spent nuclear fuel (SNF) dry storage casks market?

Answer: The major drivers for this market are growing nuclear energy generation, stringent regulatory requirements, and rising demand for excellent storage conditions and capacity for nuclear fuel.

Q4. What are the major segments for spent nuclear fuel (SNF) dry storage casks market?

Answer: The future of the spent nuclear fuel (SNF) dry storage casks market looks promising with opportunities in the large nuclear power plant and small nuclear power plant markets.

Q5. Who are the key spent nuclear fuel (SNF) dry storage casks market companies?

Answer: Some of the key spent nuclear fuel (SNF) dry storage casks companies are as follows:

• Areva
• British Nuclear Fuels
• Hitachi Zosen
• Holtec
• Mitsubishi Heavy Industries
• NAC
• OCL
• Transnuclear
• Skoda JS
• Fluor

Q6. Which spent nuclear fuel (SNF) dry storage casks market segment will be the largest in future?

Answer: Lucintel forecasts that steel is expected to witness the higher growth over the forecast period due to superior strength and durability.

Q7. In spent nuclear fuel (SNF) dry storage casks market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period due to strong investment in nuclear energy and favorable regulatory environment.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

Q.1. What are some of the most promising, high-growth opportunities for the spent nuclear fuel (SNF) dry storage casks market by type (concrete and steel), application (large nuclear power plant and small nuclear power plant), and region (North America, Europe, Asia Pacific, and the Rest of the World)?

Q.2. Which segments will grow at a faster pace and why?

Q.3. Which region will grow at a faster pace and why?

Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?

Q.5. What are the business risks and competitive threats in this market?

Q.6. What are the emerging trends in this market and the reasons behind them?

Q.7. What are some of the changing demands of customers in the market?

Q.8. What are the new developments in the market? Which companies are leading these developments?

Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?

Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?

Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?