Global Nuclear Electric Power Generation Market Outlook: Ken Research REQUEST FOR SAMPLE REPORT Buy Now Request For sample Report × Report Title Name Email Designation Phone No Comapny Name Comapny URL Country -- Please Select Your Country -- Afganistan Africa Albania Algeria Andorra Angola Anguilla Antigua and Barbuda Argentina Armenia Aruba Asia Australasia Australia Austria Azerbaijan Bahamas Bahrain Bangladesh Barbados Belarus Belgium Belize Benin Bermuda Bhutan Bolivia Bonaire Bosnia Herzegovina Botswana Brazil BRICS British Virgin Islands Brunei Darussalam Bulgaria Burkina Faso Cambodia Cameroon Canada Cape Verde Cayman Islands Central African Republic Central and South America Chad Chile China Colombia Comoros Congo Costa Rica Cote d'Ivoire Croatia Cuba Curacao Cyprus Czech Republic Denmark Djibouti Dominica Dominican Republic Ecuador Egypt El Salvador Equatorial Guinea Eritrea Estonia Ethiopia Europe European Union Falkland Islands Faroe Islands Fiji Finland France French Guiana French Polynesia Gabon Gambia Georgia Germany Ghana Gibraltar Global Great Britain Greece Greenland Grenada Guadeloupe Guam Guatemala Guerney & Alderney Guinea Guinea-Bissau Guyana Haiti Honduras Hong Kong Hungary Iceland India Indonesia Iran Iraq Ireland Isle of Man Israel Italy Ivory Coast Jamaica Japan Jersey Jordan Kazakhstan Kenya Kiribati Kosovo Kuwait Kyrgyzstan Laos Latvia Lebanon Lesotho Liberia Libyan Arab Jamahiriya Liechtenstein Lithuania Luxembourg Macao Macau Macedonia Madagascar Malawi Malaysia Maldives Mali Malta Man (Island of) Marshall Islands Martinique Mauritania Mauritius Mayotte Mexico Micronesia Middle East Minnesota Moldova Monaco Mongolia Monserrat Montenegro Morocco Morroco Mozambique Myanmar Namibia Nepal Netherlands New Caledonia New Zealand Nicaragua Niger Nigeria Niue North America North Korea Norway Oman Pakistan Palau Palestine Panama Papua New Guinea Paraguay Peru Philippines Poland Portugal Puerto Rico Qatar Reunion Romania Russia Rwanda Saint Helena Saint Lucia Saint Martin Saint Pierre and Miquelon Saint Vincent and the Grenadines Samoa Samoa (American) San Marino Sao Tome and Principe Saudi Arabia Scandinavia Senegal Serbia Seychelles Sierra Leone Singapore Sint Maarten Slovakia Slovenia Solomon (Islands) Somalia South Africa South Korea South Sudan Spain Sri Lanka Sudan Suriname Svalbard and Jan Mayen Islands Swaziland Sweden Switzerland Syria Taiwan Tajikistan Tanzania Thailand Timor Leste Togo Tonga Trinidad and Tobago Tunisia Turkey Turkmenistan Turks and Caicos Islands Uganda Ukraine United Arab Emirates United Kingdom United States Uruguay Uzbekistan Vanuatu Vatican City Venezuela Vietnam Virgin Islands Western Sahara Yemen Zambia Zimbabwe Requirement Submit The nuclear electric power generation market consists of sales of nuclear electric power and related services that convert nuclear energy into electrical energy. The nuclear electric power generation industry includes establishments that operate nuclear power plants which use uranium as a fuel to generate electricity. Nuclear power plants use the heat produced during nuclear fission. In nuclear fission, which takes place inside the reactor of a nuclear power plant, atoms are split apart to form smaller atoms, releasing energy. The heat produced in the reactor core during nuclear fission is used to boil water into steam, which converts the blades of a steam turbine. As the turbine blades turn, they drive generators that produce electricity. The electrical energy produced is directly provided to power transmission systems, which are used to move large quantities of power from generating facilities to substations and distribution systems, which are used for short distances, generally to transport electricity to customers locally. The global nuclear electric power generation market reached a value of nearly USD 69.3 billion in 2019, having grown at a compound annual growth rate (CAGR) of -2.6% since 2015, and is expected to grow at a CAGR of 3.26% to nearly USD 78.8 billion by 2023. The nuclear electric power generation market has been geographically segmented into North America, Western Europe, Asia-Pacific, Eastern Europe, South America and Middle East & Africa. North America was the largest region in the nuclear electric power generation market in 2019. The nuclear electric power generation market covered in this report is segmented by reactor type into pressurized water reactors, fast breeder reactor, pressurized heavy-water reactor, boiling water reactor, light water graphite reactor, gas-cooled reactor and by end-user into residential, commercial, industrial. The growing demand for electricity is expected to be a key driver of the nuclear electric power generation market in the forecast period. This can be attributed to growing economies, rising populations, especially in developing countries such as China, India, Brazil, and some African countries. Global electricity demand is projected to grow from 25,000 TWh in 2017 to 38,700 TWh by 2050, an increase of 57%. China and India will account for a major portion of this growth. Electricity consumption in India is expected to grow at a CAGR of 7.1% from 2017 to 2022. Furthermore, the global household appliances market is expected to grow from USD 283.8 billion in 2018 to USD 396.2 billion in 2022 at a CAGR of 8.7%, supporting the demand for electricity and driving the nuclear electric power generation market going forward. The power generation industry and the downstream power distribution industries are digitizing their assets, and are increasingly relying on technology. The industry is becoming increasingly vulnerable to rising number of cyber-attacks. For instance, in September 2019, Kudankulam Nuclear Power Plant (KKNPP), which is India’s biggest nuclear power plant and feed India’s southern power grid suffered a cyber-attack in which the nuclear power plant’s administrative network was breached in the attack. Global issues such as energy security, climate change, and electricity demand growth have led to an increase in the use of nuclear energy for power generation. Nuclear technology provides large amounts of power with significantly low carbon emissions. As of April 2017, nuclear power plants accounted for about 10% of the world’s total electricity production, with 30 countries operating 449 nuclear reactors to generate electricity, and 60 new nuclear plants under construction in 15 countries. New nuclear markets such as Bangladesh, Turkey, and Vietnam are also making progress in the nuclear power generation plant construction. According to a report by the International Atomic Energy Agency (IAEA) on nuclear power generation, in 2018, 11% of the world’s total electricity was provided by nuclear power plants, and 12 countries were using nuclear power for at least 30% of their national power generation. Major players in the market are EDF Group, Exelon Corp, Duke Energy Corp, Enel SpA and NextEra Energy, Inc. For More Information on the Research Report, refer to below links: – Global Nuclear Electric Power Generation Market Related Report: – Electricity Generation Global Market Report 2018 Including: Hydroelectric Power Generation; Fossil Fuel Electric Power Generation; Nuclear Electric Power Generation; Solar Electric Power Generation; Wind Electric Power Generation; Geothermal Electric Power Generation; Biomass Electric Power Generation; Other Electric Power Generation Covering: Enel, Engie, Iberdrola, Exelon, Duke Energy Contact Us: – Ken Research Ankur Gupta, Head Marketing & Communications Ankur@kenresearch.com +91-9015378249 Tags: Asia-Pacific Nuclear Electric Power Generation Market, Duke Energy Corp Nuclear Electric Power Generation Market SIze, Eastern Europe Nuclear Electric Power Generation Market, EDF Group Nuclear Electric Power Generation Market Growth Rate, Enel SpA Nuclear Electric Power Generation Market Outlook, Exelon Corp Nuclear Electric Power Generation Market Revenue, Global Nuclear Electric Power Generation Industry, Global Nuclear Electric Power Generation Industry Research Report, Global Nuclear Electric Power Generation Market, Global Nuclear Electric Power Generation Market End Users, Global Nuclear Electric Power Generation Market Forecast, Global Nuclear Electric Power Generation Market Future Outlook, Global Nuclear Electric Power Generation Market Growth Rate, Global Nuclear Electric Power Generation Market Major Players, Global Nuclear Electric Power Generation Market Research Report, Global Nuclear Electric Power Generation Market Revenue, Global Nuclear Electric Power Generation Market Share, Global Nuclear Electric Power Generation Market Size, Middle East Nuclear Electric Power Generation Market, North America Nuclear Electric Power Generation Market, Russia Nuclear Electric Power Generation Market, USA Nuclear Electric Power Generation Market, Western Europe Nuclear Electric Power Generation Market