During 2020-2024 nuclear decommissioning services market size will grow by 5,627.33 almost at a CAGR of almost 13%.
Europe will provide significant growth opportunities to vendors. During the forecast period the region will account for 73% of the market’s growth.
Market Overview
Growth in the market will be driven by factors such as the shutdown of nuclear plants. The change in regulations due to nuclear reactor accidents will also have a significant influence on the growth of the nuclear decommissioning services market during the forecast period.
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Though the market will offer several growth opportunities, factors such as price challenge associated with decommissioning will also challenge the growth of the market participants.
AECOM, Ansaldo Energia Spa, Babcock International Group Plc, and Bechtel Corp. are some of the key nuclear decommissioning services market vendors.
The report provides an analysis of the market’s competitive landscape, the strategies adopted by companies to increase their market share, and the key products or services they provide. The report also analyzes the market based on segmentations such as Geography (Europe, North America, APAC, MEA, and South America) and Type (PWR, BWR, and Others). To improve their market positions, the vendors should focus more on the fast-growing segments.
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