Asia-Pacific Emerges as Key Player in Nuclear Power Market Growth 2023-2028 - ResearchAndMarkets.com
The global nuclear power market is projected to witness a Compound Annual Growth Rate (CAGR) of over 1.5% during the forecast period, according to recent market analysis.
- The global nuclear power market is projected to witness a Compound Annual Growth Rate (CAGR) of over 1.5% during the forecast period, according to recent market analysis.
- Asia-Pacific is projected to witness substantial growth in the nuclear power market during the forecast period, primarily due to its significant share of nuclear energy production in countries like China and India.
- India and South Korea are also committed to increasing their nuclear power generation capacity, further propelling market growth in the Asia-Pacific region.
- The nuclear power market is moderately consolidated, with major players including GE-Hitachi Nuclear Energy Inc., Westinghouse Electric Company LLC, KEPCO Engineering & Construction, SKODA JS AS, and China National Nuclear Corporation, among others.