Small Modular Reactor Market - Global Forecast to 2030

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Small Modular Reactor Market by Reactor (HWR,
LWR, HTR, FNR, MSR), Deployment (Single, Multi),
Connectivity (Grid, Off-grid), Location (Land,
Marine), Application (Power Generation,
Desalination, Industrial), Coolant and Region -
Global Forecast to 2030
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The small modular reactor market size will grow
to USD 7.0 billion by 2030 (forecasted year) from
USD 5.7 billion in 2022 (estimated year), at a
CAGR of 2.7 during the forecast period. The
small modular reactor market has promising growth
potential due to the low cost of SMRs due to
modularization and factory construction. The
global small modular reactor market is driven by
the growing need for clean, reliable, and
flexible power generation and helps in
integration with variable renewable
energy. View detailed Table of Content here
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The light-water reactor segment is expected to
dominate the small modular reactor market, by
reactor type, during the forecast period. The
light-water reactor segment holds the largest
share of the small modular reactor market.
Light-water reactor segment is also expected to
be the fastest growing and this dominance of the
segment can be attributed to the is the most
commonly adopted SMR technology owing to factors
such as low technological risks and ease of
licensing, as regulators and developers are
familiar with this technology. Make an
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The land segment is expected to be the largest
small modular reactor market, by location, during
the forecast period. The small modular reactor
market, by location, is divided into land and
marine, wherein the land segment accounts for a
largest share. The potential for the underground
deployment of land reactors, enhanced protection
from natural hazards, improved seismic
capability, and higher thermal efficiencies are a
few of the major growth drivers for the land
segment. These SMRs also have simpler licensing
processes compared with marine SMRs.

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Browse gtgt 142 market data
tables 47 figures
216 pages and in-depth TOC on Small
Modular Reactor Market - Global Forecast to
2030 Early buyers will receive 10
customization on this report. This is a
Premium Report Priced at US 4950 for single
user. Corporate User US8150 This study
answers several questions for the stakeholders,
primarily which market segments to focus on in
the next two to five years to prioritize efforts
and investments.
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The Asia Pacific likely to emerge as the fastest
growing small modular reactor market In this
report, the small modular reactor market has been
analyzed for four regions, namely, Americas,
Europe, Asia Pacific, and Middle East Africa.
Asia Pacific is a significant contributor to the
small modular reactor market in the current
scenario owing to a large number of SMR projects
in China. For instance, various SMRs projects,
such as the CAP200, the ACP100, the ACPR50S, and
the HTR-PM, are being developed, in China.
Furthermore, The region has witnessed a rapid
growth in electricity demand in recent years due
to the growing population, increasing per capita
income, and a growing number of petrochemical
refineries, coupled with urbanization. These
factors are further expected to boost the
adoption rate of SMR technologies. Speak to
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• Key players -
• To enable an in-depth understanding of the
  competitive landscape, the report includes the
  profiles of some of the top players in the Small
  Modular Reactor Market. These include
• GE Hitachi Nuclear Energy (US),
• Moltex Energy (Canada),
• NuScale Power, LLC. (US),
• Terrestrial Energy Inc. (Canada)
• Westinghouse Electric Corporation (US) among
  others...
• Buy Now - https//www.marketsandmarkets.com/Purc
  hase/purchase_reportNew.asp?id5001546

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