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.

The report titled ‘Global Small Modular Reactor Market’ provides the reader with a panoramic view of the Small Modular Reactor industry while estimating the overall size and the size and share of the market’s key regional segments over the projected timeframe. According to our market analysts, the global Small Modular Reactor market is expected to exhibit a robust growth rate throughout the forecast period. The promising market growth can be attributed to the significant rise in product demand across the regional markets.

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Competitive Terrain:

The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Small Modular Reactor market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

The leading market contenders listed in the report are:

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).

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Emergen Research has segmented the global Small Modular Reactor market on the basis of type, application, end-use, and region:

Segments Covered in this report are:

• 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

The various regions analyzed in the report include:

• North America (U.S., Canada)

• Europe (U.K., Italy, Germany, France, Rest of EU)

• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)

• Latin America (Chile, Brazil, Argentina, Rest of Latin America)

• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

Key Objectives of the Report:

• Analysis and estimation of the Small Modular Reactor Market size and share for the projected period of 2022-2030

• Extensive analysis of the key players of the market by SWOT analysis and Porter’s Five Forces analysis to impart a clear understanding of the competitive landscape

• Study of current and emerging trends, restraints, drivers, opportunities, challenges, growth prospects, and risks of the global Small Modular Reactor Market

• Analysis of the growth prospects for the stakeholders and investors through the study of the promising segments

• Strategic recommendations to the established players and new entrants to capitalize on the emerging growth opportunities

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