ResearchForMarkets, is pleased to announce this latest publication “Nuclear Power – Global Market Outlook (2017-2026)”. This report provides vital data associated to the complete market shares, growth rate, revenue, challenges, opportunities prediction over a seven-year period, from 2017 to 2025.
The Global Nuclear Power Market is accounted for $100.11 billion in 2017 and is expected to reach $245.88 billion by 2026 growing at a CAGR of 10.4% by (2017-2026).
Nuclear Power industry some of the key factors propelling the market growth are increasing demand for energy from industrial and residential sectors, rising applications of nuclear energy from emerging economies and technological advancements. However, huge costs of storing and monitoring radioactive waste generated in nuclear energy plants is inhibiting the growth of the market.
Nuclear power is the use of nuclear reactions that release nuclear energy to generate heat, which most frequently is then used in steam turbines to produce electricity in a nuclear power plant. Nuclear power can be obtained from nuclear fission, nuclear decay and nuclear fusion.
Research for Markets – September 3, 2018.