Small Modular Reactor Market Overview, Trends, Growth, Demand, Key Players Analysis and Forecast to 2031 | NuScale Power, TerraPower, Transatomic Power, Oklo Inc.

Posted on 2022-07-27 by Sandeep in Energy // 0 Comments

New York, 2022-Jul-14 — /EPR Network/ — Global Small Modular Reactor Market report from Global Insight Services is the single authoritative source of intelligence on Small Modular Reactor Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters’ and PESTLE analysis. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.

Small modular reactors (SMRs) are a type of nuclear fission reactor which are smaller than conventional reactors, and can be manufactured at a plant and brought to a site to be assembled. SMRs can provide power to remote locations or act as a peaking power plant. SMRs typically have a capacity of 300 MW or less, compared to the 3,000 MW plus reactors used in nuclear power plants. This allows them to be built in modules which can be transported by road or rail to the site.

To Remain ‘Ahead’ Of Your Competitors, Request for A Sample – https://www.globalinsightservices.com/request-sample/GIS10068/

Key Trends

There are several key trends in SMR technology:

1. Smaller size: SMRs are much smaller than traditional nuclear reactors, which makes them more flexible and easier to deploy.

2. Modular design: SMRs are designed in modular units that can be combined to create a larger reactor. This makes them easier to construct and allows for a more efficient use of resources.

3. Enhanced safety: SMRs have enhanced safety features that make them safer than traditional nuclear reactors.

Key Drivers

There are a number of key drivers of the SMR market, including the need for cleaner energy, the declining cost of nuclear power, and the growing demand for electricity in developing countries. The need for cleaner energy is one of the most important drivers of the SMR market. Nuclear power is a carbon-free source of energy, and SMRs can be designed to have a very low environmental impact. This is a key advantage over traditional fossil fuels, which are a major source of greenhouse gas emissions. The declining cost of nuclear power is another important driver of the SMR market.

By Reactor Type

Light-water Reactor
Heavy-water Reactor
High-temperature Reactor
Fast-neutron Reactor
Molten Salt Reactor

By Grid Connectivity

On Grid
Off Grid

By Deployment

Single-module Power Plant
Multi-module Power Plant

By Application

Power Generation
Process Heat
Desalination
Hydrogen Production
Industrial

By Region

North America
- U.S.

Get Customized Report as Per Your Requirement – https://www.globalinsightservices.com/request-customization/GIS10068/

Key Players

NuScale Power
TerraPower
Transatomic Power
Oklo Inc.
Advanced Reactor Concepts
China National Nuclear Corporation
Korea Hydro & Nuclear Power
Rosatom
Eskom

With Global Insight Services, you receive:

10-year forecast to help you make strategic decisions
In-depth segmentation which can be customized as per your requirements
Free consultation with lead analyst of the report
Excel data pack included with all report purchases
Robust and transparent research methodology

Ground breaking research and market player-centric solutions for the upcoming decade according to the present market scenario

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

Matched content

Editor’s pick