Questions? +1 (202) 335-3939 Login
Trusted News Since 1995
A service for energy industry professionals · Friday, March 29, 2024 · 699,660,832 Articles · 3+ Million Readers

Small Modular Reactors (SMRs) Market (2022 to 2027) - Growing Applications Across Industry Verticals | Emergen Research

Emergen Research Logo

Emergen Research Logo

Small Modular Reactor The growing need for flexible and affordable power sources and investment by the government in R&D is driving the demand for the market.

Small Modular Reactor Market Size – USD 4.57 Billion in 2019, Market Growth - CAGR of 11.9%, Market trends –Deployment in brownfield sites.”
— Emergen Research

VANCOUVER, BC, CANADA, June 27, 2022 /EINPresswire.com/ --
The global Small Modular Reactor (SMR) Market is forecasted to be worth USD 10.42 Billion by 2027, according to a new report by Emergen Research. The growing interest in a small modular reactor is fueled by the need to reduce the impact of capital cost and provide power separate from a large power grid. There is a growing demand for smaller and simpler units for the generation of energy from nuclear power, which is driving the demand for small module reactors.

Additionally, the report also gives an insight into product portfolios, costs, sales, production capacities, and market players. Raw materials, demand analysis, product flow, and distribution channels have been studied and surveyed extensively in this research report. The key growth trends and opportunities are offered through a thorough investigation and examination of the market. A detailed course of development is offered in the report along with insights into businesses connected with it, which include firms, industries, organizations, vendors, and local manufacturers.

Get a sample of the report @ https://www.emergenresearch.com/request-sample/150

Some Key Highlights from the Report

In August 2020, the Bill Gates-backed nuclear innovation firm, TerraPower in partnership with GE Hitachi Nuclear Energy launched Natrium, a new small modular reactor system paired with a molten salt storage unit. The product can be used to power 345-megawatt SMR to around 500 megawatts up to five hours.
In the integral pressurized water reactor, the primary circuit components are placed inside the reactor pressure vessel, which eliminates the need for primary circuit pipework, which enhances the safety and reliability of the technology.
A multi-module plant or power station is composed of multiple nuclear power modules where each module is operated safely independent of each other. The modules are located in a common building structure and can be physically impacted by any event happening at another module due to close proximity and lack of physical barriers.

The report covers key points of the market, including the standards, regulations, and policy changes applied by the government on the industry for the coming years. The report encompasses thorough research carried out by the application of advanced analytical tools such as SWOT analysis and Porter’s Five Forces analysis to pinpoint the growth trends and patterns. Factors likely to influence the growth of the market, current trends, opportunities, restraining factors, and business landscape are discussed in-depth in the market study.

Request a discount on the report @ https://www.emergenresearch.com/request-discount/150

The report offers a comprehensive overview of the competitive landscape and covers company profiles, production and manufacturing capacity, product portfolio, expansion strategies, and business initiatives such as mergers and acquisitions, joint ventures, collaborations, partnerships, and product launches and brand promotions among others.

Prominent Players Analyzed in the Report:

Bechtel Corporation, Holtec International, General Electric Hitachi Nuclear Energy, Toshiba International Corporation, Mitsubishi Heavy Industries Ltd., General Atomics, Rolls Royce Plc, Nuclear Power Corporation of India Limited (NPCIL), China National Nuclear Corporation (CNNC), and Shanghai Nuclear Engineering Research and Design Institute Co., Ltd. (SNERDI), among others.

To get leading market solutions, visit the link below:
https://www.emergenresearch.com/industry-report/small-modular-reactor-market

For the purpose of this report, Emergen Research has segmented into the global Small Modular Reactor Market on the basis of type, deployment, application, and region:

Type Outlook (Revenue, USD Billion; 2017-2027)
Pressurized water reactor (PWR)
Pressurized heavy water reactor (PHWR)
High-temperature reactor (HTR)
Fast neutron reactor (FNR)
Other (MST, Integral PWR)

Deployment Outlook (Revenue, USD Billion; 2017-2027)
  Single Module Plant

  Multi-Module Plant

Application Outlook (Revenue, USD Billion; 2017-2027)
  Power Generation

  Desalination

  Process Heat

  Other Industrial Uses

To know more about the report, visit @ https://www.emergenresearch.com/industry-report/small-modular-reactor-market

Regional Outlook (Revenue, USD Billion; 2017-2027)
  North America

U.S.
Canada
  Europe

Germany
UK
France
BENELUX
Rest of Europe
  Asia Pacific

China
Japan
South Korea
Rest of APAC
  Latin America

Brazil
Rest of LATAM
  MEA

Saudi Arabia
UAE
Rest of MEA

Overview of the Small Modular Reactor Market Report:
Introduction, Product Scope, Market Overview, and Opportunities
Analysis of the Manufacturers with sales, revenue, and price analysis
Comprehensive analysis of the competitive landscape
Extensive profiling of the key competitors along with their business strategies and market size
Regional analysis of the market along with sales, revenue, market share, and global position
Country-wise analysis of the market along with types, applications, and manufacturing
Strategic recommendations to established players as well as new entrants
In-depth analysis of the risks, restraints, and limitations in the Small Modular Reactor industry

Request customization of the report @ https://www.emergenresearch.com/request-for-customization/150

Thank you for reading our report. Please connect with us to know more about the report or the customization of the report. Our team will ensure the report is best suited to meet your requirements.

Explore More Emergen Research Report @ www.emergenresearch.com

smart vision sensors market-https://www.emergenresearch.com/industry-report/smart-vision-sensors-market

food thickeners market-https://www.emergenresearch.com/industry-report/food-thickeners-market

automotive gesture recognition system market-https://www.emergenresearch.com/industry-report/automotive-gesture-recognition-system-market

sustainable aviation fuel market-https://www.emergenresearch.com/industry-report/sustainable-aviation-fuel-market

silicone market-https://www.emergenresearch.com/industry-report/silicone-market

smart dust market-https://www.emergenresearch.com/industry-report/smart-dust-market

airborne intelligence surveillance and reconnaissance market-https://www.emergenresearch.com/industry-report/airborne-intelligence-surveillance-and-reconnaissance-market

About Us:
Emergen Research is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target, and analyze consumer behavior shifts across demographics, across industries, and help clients make smarter business decisions. We offer market intelligence studies ensuring relevant and fact-based research across multiple industries, including Healthcare, Touch Points, Chemicals, Types, and Energy. We consistently update our research offerings to ensure our clients are aware of the latest trends existent in the market. Emergen Research has a strong base of experienced analysts from varied areas of expertise. Our industry experience and ability to develop a concrete solution to any research problems provides our clients with the ability to secure an edge over their respective competitors.

Read Full Press Release @ https://www.emergenresearch.com/press-release/global-small-modular-reactor-market

Contact Us:

Eric Lee
Emergen Research
+91 90210 91709
email us here
Visit us on social media:
Facebook
Twitter
LinkedIn

Small Modular Reactor Market Size Worth USD 10.42 Billion by 2027

Powered by EIN Presswire
Distribution channels: Energy Industry


EIN Presswire does not exercise editorial control over third-party content provided, uploaded, published, or distributed by users of EIN Presswire. We are a distributor, not a publisher, of 3rd party content. Such content may contain the views, opinions, statements, offers, and other material of the respective users, suppliers, participants, or authors.

Submit your press release