Small Modular Reactors Market Strategic Insights into Key Players 2025 to 2030

1. Global Small Modular Reactors Market Research Report: Forecast (2025- 2030) Get a Free Sample of the Report Include FY2025-30:

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4. Market Insights The Global Small Modular Reactor Market is projected to grow at a CAGR of around 14% during the forecast period, i.e., 2025-30. The growth of the market is likely to be driven primarily by the rapidly growing demand for SMRs in several applications for their flexible power generation capabilities. With increasing levels of carbon emissions and the rising government focus across different countries on reducing dependency on fossil fuels, SMRs are witnessing an increasing demand for energy production using natural resources like wind & solar and, in turn, driving the global market.

5. Market Definition Small Modular Reactors (SMRs) are nuclear fission reactors used for nuclear energy generation. They are usually much smaller than traditional reactors and have an electrical power output of less than 300MW. Apart from their standard use for power generation, these reactors are also deployed for industrial applications such as desalination of water & process heating. The small modular reactor industry is likely to expand swiftly in the coming years on the back of its cost-effectiveness and minimal construction time for these units. When compared with a renewable energy resource like wind or solar, the energy derived from these SMRs takes up a smaller area & generates only a small carbon footprint. Although the concept of Small Modular reactors is still undergoing rigorous research & development, it is anticipated to offer an opportunistic future for the leading players during the forecast period.

6. Market Segments • By Reactor Type (Light Water Reactor (LWR), Pressurized Heavy Water Reactor (PHWR), High-Temperature Reactor (HTR), Fast Neutron Reactor (FNR), Others (MSR (Molten Salt Reactor), Integral PWR (Pressurized Water Reactor))), • By Deployment (Single Module, Multi-Module), • By Application (Desalination, Generation, Process Heat),

7. Top Companies Advanced Reactor Concepts, LLC, Bechtel Corporation, China National Nuclear Corporation (CNNC), General Atomics, General Electric Hitachi Nuclear Energy, Holtec International, Mitsubishi Heavy Industries Ltd, Nuclear Power Corporation of India Limited (NPCIL)

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