Nuclear Industrial Report : Global Market 2016 Growth, Shares, Research, Global Trend, Forecast-2017
Description-
The report titled “Global Nuclear Energy Market: Trends and Opportunities (2013-2018)” analyzes the potential opportunities and significant trends in the global nuclear energy market, specifically focusing on electricity generation by nuclear energy. The report provides detailed analysis of the global nuclear energy market and electricity generation, with focus on regional markets such as Asia, North America and Europe. The report assesses the growth of nuclear energy in China, United States, South Korea and France and presents the analysis of the current market size and also forecasts the future market size of these nuclear energy markets. The report also assesses the supply and demand of uranium and the worldwide establishments of nuclear power reactors. The report also profiles and analyzes the business strategies of the leading companies operating in the nuclear energy market.
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Geographical Coverage
Global
North America
U.S
Europe
France
Asia
China
South Korea
Company Coverage
Areva
ROSATOM
General Electric
KEPCO
Executive Summary
Nuclear power is in use for the production of electricity for public distribution since 1954 and electricity generated via nuclear power reached its highest level of 3280 terawatts hours in 2011. However, the growth rate of electricity produced via nuclear energy registered a marginal decline in 2012 due to the infamous accident at the Fukushima Daiichi nuclear power plant in Japan. In the wake of the Fukushima accident, the growth of nuclear power sector is likely to be slow across the globe.
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The nuclear power industry is performing satisfactorily, despite concerns about the safety of nuclear power plants. An increase in the demand of electricity and growing concern for the environment are likely to pose as major drivers for the nuclear energy market.
Electricity produced through nuclear energy is considered the most viable method as it does not involve the environmental concerns associated with electricity production by fossil fuels. Further, the prices of fossil are increasing and the resource base is decreasing, whereas in case of nuclear energy, uranium resource base is abundant worldwide. The highest growth in nuclear generation is expected in Asia, specifically China, South Korea and India as nuclear electricity generation in the region will increase with the setting up of new nuclear reactors and there will be growing demand for electricity as a result of increasing population and industrialization.
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