세계의 원자력 발전 시장 : 점유율 분석, 산업 동향 및 통계, 성장 예측(2025-2030년)

The Nuclear Power Market size is estimated at 398.24 gigawatt in 2025, and is expected to reach 439.69 gigawatt by 2030, at a CAGR of 2% during the forecast period (2025-2030).

Key Highlights

• Over the medium term, factors such as the ability of nuclear energy to generate electricity with lower carbon emissions compared to fossil fuels have been driving the market's growth over the medium term.
• On the other hand, the high initial cost of setting up a nuclear power plant and the availability of alternative power generation sources, such as renewable energy, is likely to restrain the market's growth during the forecast period.
• Nevertheless, nations worldwide are researching and developing generation IV nuclear energy technologies to promote safety, technical, economic, and advanced small modular reactors. This, in turn, is likely to create several future opportunities for the market.
• Asia-Pacific is expected to witness significant growth in the nuclear power market during the forecast period, owing to its substantial share of nuclear energy in China and India.

Nuclear Power Market Trends

Energy Segment Expected to Dominate the Market

• Nuclear energy is released from the nucleus or the core of an atom of protons and neutrons. Nuclear energy can be produced either in nuclear fission (when the nuclei of atoms split into several parts) or by fusion (when nuclei fuse). In today's world, nuclear fission produces electricity, while nuclear fusion technology produces power in the research and development (R&D) phase. As of 2022, the global nuclear power generation was about 2,679 TWh compared to around 2,802 TWh in 2021.
• Nuclear power plants can operate continuously for extended periods, providing a consistent supply of electricity, which is crucial in meeting the increasing energy demands of industrialized and developing nations.
• Furthermore, the energy segment contributes significantly to global efforts to mitigate climate change. Nuclear power generates virtually no greenhouse gas emissions during operation, making it a vital tool for reducing carbon dioxide and other harmful atmospheric pollutants.
• According to the Statistical Review of World Energy in 2022, the total electricity generated through nuclear energy was down by almost 4.4% compared to 2021 but recorded an annual growth rate of almost 1% between 2013 and 2022.
• Moreover, with the upcoming nuclear energy power plant projects, the generation capacity is expected to increase during the forecast period. For instance, in April 2023, according to the Atomic Energy Ministry, the Indian government granted authorization and financial approval for establishing ten nuclear reactors in five different states throughout India.
• With a capacity of 700 MW each, these reactors will be indigenous pressurized heavy water reactors constructed in fleet mode. The states where these reactors are scheduled to be set up include Karnataka, Haryana, Madhya Pradesh, and Rajasthan.
• Moreover, India entered the second stage of the country's three-stage nuclear program. In March 2024, the country commenced one of its first indigenous fast-breeder reactors (500 Mwe) in Kalpakkam, around 70 km from Chennai.
• Therefore, the energy segment is expected to dominate the nuclear power market during the forecast period due to the abovementioned points.

Asia-Pacific Expected to Witness Significant Growth

• In contrast to North America and Europe, where growth in nuclear electricity generating capacity has been limited for many years, several countries in Asia-Pacific are planning and building new nuclear power plants to meet their increasing demand for clean electricity.
• For instance, China focuses on innovation-driven growth, low-carbon development, integrating urban and rural areas with deeper social inclusion, and population aging. The 14th Five-Year Plan highlights high-quality green development, emphasizing innovation as the basis for modern development. By capitalizing on the accomplishments of the 13th Plan, the country intends to reduce the economy's carbon intensity and peak carbon dioxide emissions by 2030.
• Further, according to a draft of the 14th Five-Year Plan (2021-2025) released in March 2021, the government intends to reach 70 GW of nuclear capacity by the end of 2025.
• Furthermore, China's National Energy Administration (NEA) is examining the possibility of increasing the ambition of the country's clean energy programs this decade. The NEA proposes that China obtain 40% of its electricity from nuclear and renewable sources by 2030 and set its nuclear capacity target to 120-150 GW by 2030.
• The Indian government is dedicated to growing its nuclear power generation capacity to meet the increasing electricity demand in the country. According to the Indian government, the country's nuclear capacity is expected to reach about 22.5 GW by 2031.
• As per the Central Electricity Authority (CEA), India had 7.48 GW of nuclear power plants in India till January 2024, with 23 nuclear reactors and seven reactors with a combined capacity of 5,398 MWe under the construction stage.
• According to the Institute for Sustainable Energy Policies (ISEP), electricity generation initially dropped to zero for nuclear power in 2014 but witnessed a resurgence, accounting for 6.5% of electricity generation in 2019. However, it decreased to 4.3% in 2020, increased to 5.9% in 2021, and then declined again to 4.8% in 2022.
• Therefore, owing to the above factors, Asia-Pacific is expected to witness significant market growth during the forecast period.

Nuclear Power Industry Overview

The nuclear power market is semi-consolidated. Some of the major players in the market (in no particular order) include GE-Hitachi Nuclear Energy Inc., Westinghouse Electric Company LLC, KEPCO Engineering & Construction, SKODA JS AS, and China National Nuclear Corporation, among others.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Scope of the Study
• 1.2 Market Definition
• 1.3 Study Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY

4 MARKET OVERVIEW

• 4.1 Introduction
• 4.2 Installed Capacity and Forecast, till 2029
• 4.3 Recent Trends and Developments
• 4.4 Government Policies and Regulations
• 4.5 Market Dynamics
  • 4.5.1 Drivers
    • 4.5.1.1 Increase in Demand for Clean Energy
    • 4.5.1.2 Plant Lifetime Extensions With Favorable Policies
  • 4.5.2 Restraints
    • 4.5.2.1 Intense Competition From Renewable Energy Sources
    • 4.5.2.2 Accidents and Uncertainty over the Cost Effectiveness
• 4.6 Supply Chain Analysis
• 4.7 Porter's Five Forces Analysis
  • 4.7.1 Bargaining Power of Suppliers
  • 4.7.2 Bargaining Power of Consumers
  • 4.7.3 Threat of New Entrants
  • 4.7.4 Threat of Substitute Products and Services
  • 4.7.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

• 5.1 By Application (Qualitative Analysis)
  • 5.1.1 Energy
  • 5.1.2 Defense
  • 5.1.3 Other Applications
• 5.2 By Reactor Type
  • 5.2.1 Pressurized Water Reactor and Pressurized Heavy Water Reactor
  • 5.2.2 Boiling Water Reactor
  • 5.2.3 High-temperature Gas-cooled Reactor
  • 5.2.4 Liquid-metal Fast-breeder Reactor
  • 5.2.5 Other Reactor Types
• 5.3 By Geography
  • 5.3.1 North America
    • 5.3.1.1 United States
    • 5.3.1.2 Canada
    • 5.3.1.3 Rest of North America
  • 5.3.2 Europe
    • 5.3.2.1 Germany
    • 5.3.2.2 United Kingdom
    • 5.3.2.3 Russia
    • 5.3.2.4 France
    • 5.3.2.5 Rest of Europe
  • 5.3.3 Asia-Pacific
    • 5.3.3.1 China
    • 5.3.3.2 India
    • 5.3.3.3 Japan
    • 5.3.3.4 South Korea
    • 5.3.3.5 Rest of Asia-Pacific
  • 5.3.4 South America
    • 5.3.4.1 Brazil
    • 5.3.4.2 Argentina
    • 5.3.4.3 Rest of South America
  • 5.3.5 Middle East and Africa
    • 5.3.5.1 United Arab Emirates
    • 5.3.5.2 Saudi Arabia
    • 5.3.5.3 South Africa
    • 5.3.5.4 Iran
    • 5.3.5.5 Rest of Middle East and Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Mergers, Acquisitions, Joint Ventures, Collaborations, and Agreements
• 6.2 Strategies Adopted by Leading Players
• 6.3 Company Profiles
  • 6.3.1 Electricite de France SA (EDF)
  • 6.3.2 GE-Hitachi Nuclear Energy Inc.
  • 6.3.3 Westinghouse Electric Company LLC
  • 6.3.4 Duke Energy Corporation
  • 6.3.5 SKODA JS AS
  • 6.3.6 China National Nuclear Corporation
  • 6.3.7 Bilfinger SE
  • 6.3.8 BWX Technologies Inc.
  • 6.3.9 Doosan Enerbility Co. Ltd
  • 6.3.10 Mitsubishi Heavy Industries Ltd
  • 6.3.11 Bechtel Group Inc.
  • 6.3.12 Japan Atomic Power Company
  • 6.3.13 Rosatom State Atomic Energy Corporation
  • 6.3.14 KEPCO Engineering & Construction
• 6.4 Market Ranking/Share (%) Analysis

7 MARKET OPPORTUNITIES AND FUTURE TRENDS

• 7.1 Advanced Small Modular Reactors