Global Nuclear Decommissioning industry Vendor Competition, Growth, Trends & Forecasts 2018-2025

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Global Nuclear Decommissioning
Market
Dynamics, Application Share, Growth, Vendor
Competition, Trends and Forecast 2018-2025
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Global Nuclear Decommissioning Market
• According to the market research and analysis, U.S.A is expected to lead the global nuclear decommissioning market for
next 5 years and will account for around xx% of the total market share. Stringent government regulations and the
projected decommissioning of several reactors in the region will augment the growth of the power plant decommissioning
services market in this region. Moreover, it is estimated that the Compound Annual Growth Rate (CAGR) will increase by
xx% over the forecast period. The natural calamity affected Fukushima projected the result of needing maximum safety at
nuclear plants. To ensure this safety government across the world reviewed the safety regulations, and stringent rules
were implicated over small nuclear plant decommissions. These rules and regulations led to the digitalization of many
processes. The digitalization aware the loopholes in the plant setup. Digitalization is definitely the uptrend in nuclear
decommissioning market which is consistently winning the nuclear decommissioning market share in today’s time.
• The nuclear decommissioning market is segregated into two segments, by type and geography. Where the type segment is
further sub-divided as Pressurized water reactor (PWR), Boiling water reactor (BWR), Pressurized heavy water reactor
(PHWR), Gas-cooled reactor (GCR) and Light water graphite reactor (LWGR). The geographic segmentation of a nuclear
decommissioning maker is mostly seen in U.S.A, Asia-Pacific (APAC), and Europe-Middle East- Africa (EMEA).
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Global Nuclear Decommissioning Market
• Nuclear decommissioning is the process whereby a nuclear facility is dismantled to a point that it no longer requires
steps taken towards radiation protection. To ensure that decommissioning sound environmental and safe, the NRC
establishes the regulations and associated guidance outlining the requirements and process companies that should be
compulsorily followed by the vendors. Decommissioning is an administrative as well as a technical process. It is basically
a process where the nuclear power plant is either tore down completely or cleaned and reused for conventional use. The
radioactive contamination is cleaned up and then the place can be reused but they don't actually let it happen for the
radioactive radiations take time to free the place.
• In the coming years, the world is about to face the biggest global nuclear decommissioning market share. More than half
of the 449 nuclear power plants across the globe are nearing an end of their scheduled life. The parts of the nuclear
plant are either recycled or sold for revenue cause. Decommissioning of even one plan takes around 1.5 billion. The
entire process actually takes a years to complete.
Decommission can be done in the following three ways:
1. Immediate dismantling, where the plant is decommissioned within 5 years of the release of the license.
2. Safe enclosure, where decommissioning is implicated in 40-60 years after the release of the license.
3. Entomb, where the remaining radioactive material is kept at the site itself, precautions are taken that the radiations are
not leaked.
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Global Nuclear Decommissioning Market
Competitive Landscape and Key Vendors
The nuclear decommissioning market size is quite fragmented as a result of the existence of a number of well-diversified
global, national and regional companies. Maximum count of international companies have indulged in Joint venture with the
local/regional companies as also the regional companies need the machinery, etc.
The leading vendors in the market are:
• AECOM
• AREVA SA
• Babcock International Group
• Studsvik
• Westinghouse Electric
The other prominent vendors in the market are Energy Solutions, Nuvia, Rosatom, EDF-Ciden, Javys, Enresa, and NDA.
International Collaboration and List of Decommissioned Plants:
Organizations that promote the international sharing of knowledge, information and experience related to nuclear
decommissioning include the Organization for Economic Co-operation and Developments, Atomic Energy Agency, Nuclear
Energy Agency and the European Atomic Energy Community.
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Global Nuclear Decommissioning Market
Additionally, an online system is also officially called the Deactivation and Decommissioning Knowledge Management
Information Tool which was developed under the United States Department of Energy and efficiently made available to the
international collaboration in nuclear decommissioning are reduced to decommissioning costs and improve workers safety.
The decommissioned plants are:
• 1. Italy, Garigliano
• 2. Italy, Latina
• 3. Japan, Tokai
• 4. Japan, Fugen
• 5. Spain, Jose Cabrera
• 6. United Kingdom
• 7. United States, Fort St. Vaint.
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