Demand from new nuclear power stations is set to drive the reactor vessel market. There are more than 60 new nuclear reactors that are in the under construction phase across the globe and that are expected to come online during the period 2010-2020, which indicates a growth in demand for nuclear reactor pressure vessels worldwide. There will be demand for the reactor pressure vessel heads in the replacement market as many of the existing reactors will require replacement once they complete 25-30 years of operational life. In the long term, most of the demand for the reactor vessels will be primarily due to new reactors in nuclear power producing countries, as well as the potential nuclear industry development in emerging nuclear countries. More than 15 new nuclear power reactors are expected to come online during the forecast period 2010-2020 in emerging nuclear power economies such as Bangladesh, Turkey, Belarus, UAE (United Arab Emirates), Tunisia, Nigeria and Vietnam. This will enhance the growth of the reactor pressure vessel market in the next ten years.
For Sample Pages, please click or add the below link to your browser:
http://www.globaldata.com/reportstore/RequestSamplePages.aspx?ID=Nuclear-Reactor-Pressure-Vessel-and-Head-Market-Analysis-to-2020-Global-Market-Size-Competitive-Analysis-and-Regional-Analysis&Title=Nuclear_Energy&ReportType=Industry_Report
The European and Asia Pacific regions are expected to show strong demand for nuclear reactor vessels during the forecast period 2010-2020. Asia Pacific is the potential market for the reactor vessels industry as many new reactors that are planned during the forecast period require reactor pressure vessels. During the forecast period 2010-2020, the Asia Pacific region is expected to show the highest demand, with 89 reactor pressure vessels units, followed by the European region with 77 units and the North American region with 12 units. The increased demand from these regions will result in the sustained growth of the nuclear reactor vessel market.
Year-on-year demand for reactor vessels around the globe will increase from 6 units in 2010 to 30 units in 2020, showing an average annual growth rate (AAGR) of 16% during this period. This market is expected to reach $4,887m in 2020, increasing at an AAGR of 20.9% between 2010 and 2020. The global estimated demand for reactor vessel heads will decrease to nine units by the end of 2020 compared to the 2010 estimated number of 19 units. The value for reactor vessel heads is expected to reach $586.8m in 2020. Major demand for reactor vessel heads will be from the replacement market during the forecast period 2010-2020.
“Nuclear Reactor Pressure Vessel and Head Market Analysis to 2020-Global Market Size, Competitive Analysis and Regional Analysis” is the latest research from GlobalData. This report provides comprehensive information on the market size of the reactor pressure vessels and the reactor vessel heads used in the nuclear power generation facilities, both at a regional and global level. The reactor pressure vessels and heads that are included in the study are those used in pressurized water reactors, pressurized heavy water reactors, light water graphite reactors, gas cooled reactors, fast breeder reactors and the boiling water reactors. Reactor pressure vessels are the thick walled vessels used in nuclear power generation facilities to store the nuclear fuel and also provides room for the nuclear chain reaction to occur under the elevated temperatures and pressures. These reactor pressure vessels are considered to be central part of the nuclear power plant, where the nuclear fission process occurs. The reactor pressure vessels play a significant role in safe operation of nuclear power plant and the economical and competitive production of electric power.
For further details, please click or add the below link to your browser:
http://www.globaldata.com/reportstore/Report.aspx?ID=Nuclear-Reactor-Pressure-Vessel-and-Head-Market-Analysis-to-2020-Global-Market-Size-Competitive-Analysis-and-Regional-Analysis&ReportType=Industry_Report&coreindustry=Industry_Report&Title=Nuclear_Energy
Visit our report store: http://www.globaldata.com
For more details contact:
[email protected]
North America: +1 646 395 5477
Europe: +44 207 753 4299
+44 1204 543 533
Asia Pacific: +91 40 6616 6782
