Nuclear Decommissioning Market Research Report -Forecast to 2027

Nuclear Decommissioning Market Information Report By Reactor Type (PWR, BWR and GCR), by Strategy (Immediate, Deferred Dismantling and Others), By Capacity (up to 800MW, 801MW-1000MW, above 1000MW) - Global Forecast to 2027

ID: MRFR/E&P/1886-CR | February 2020 | Region: Global | 100 pages

Nuclear Decommissioning Market Analysis


Nuclear Decommissioning Industry is predicted to develop at a 6.93% CAGR between 2017- 2022, reveals the current Market Research Future’s (MRFR) nuclear decommissioning market report. The strong growth is due to the increase in nuclear accidents. 


COVID-19 Analysis 


The novel coronavirus has turned the world upside down, putting industries on halt, stopping business activities, and having impacted the global economy at large. The COVID-19 pandemic has weakened different activities across different industries. The energy and power generation industry has been hit hard owing to supply chain disruptions and limited manpower. During this crisis, various nuclear decommissioning service players have operated with limited manpower in various countries, while in a few countries, the nuclear decommissioning activity has been put on hold due to lockdown measures imposed by the government. The European countries for instance, have been exercising termination of activities related to nuclear power plant, thus needing decommissioning services. A couple of nuclear facilities ended operation in 2019 due to political concerns or the operational lifecycle reaching an end. In Europe, the maximum number of COVID cases has been reported in Italy, the UK, Russia, Germany, and France. The nuclear decommissioning services market in France was hit the most as the country has terminated its age-old nuclear power plant like the Fessenheim nuclear power plant in the early 2020 and is yet to begin its decommission activities. This is likely to impact the nuclear decommissioning market revenue.


Key Players 


Prominent players profiled in the global nuclear decommissioning market report include GD Energy ServicesSpain), Enercon Services, Inc. (Germany), EDF-CIDEN (U.K.), Nuvia Group (France), EnergySolutions (U.S.), Westinghouse Electric (U.S.), AECOM (U.S.), Studsvik AB (Sweden), Babcock International Group PLC. (U.K.), and Areva Group (France).


Market Dynamics



  • Drivers


Public Safety Concerns to Bolster Market Growth 


Increasing concerns for public safety owing to hazardous consequences of nuclear accidents may bolster global nuclear decommissioning market size in the forecast period.


Additional factors adding to the global nuclear decommissioning market value include the growing number of nuclear reactors reaching operational retirement, fall in the price of renewable power generation sources such as solar and wind, growing political pressure for pre-closure of nuclear power plants, growing support from the government, increasing concerns about sustainability, the trend to transition toward renewable energy, favorable government regulations, and initiatives. 



  • Opportunities


Sensitivity to Environmental Issues to Offer Robust Opportunities 


The increasing sensitivity towards environmental issues is likely to offer robust opportunities to key players in the future. 



  •       Restraints


Price Challenges to Act as a Market Restraint 


The price challenges related to the disposal of radioactive nuclear waste, decommissioning, and high dependency on nuclear power may act as a market restraint in the forecast period.



  •       Challenges


Adoption of Alternative Energy Sources to Act as a Market Challenge 


The growing adoption of alternative sources of energy like solar power and gas-based may act as a major market challenge for industry players in the future.


Market Segmentation 


Global Nuclear Decommissioning Market has been bifurcated based on Capacities, Strategies Dismantling, and Reactor Types.


PWR Segment to Lead the Market 


By reactor types, the global market of nuclear decommissioning is segmented into GCR, BWR, PWR, and others. Of these, PWR segment will lead the market over the forecast period.


Immediate Dismantling Segment to Dominate the Market 


By strategies dismantling, the global market of nuclear decommissioning is segmented into deferred dismantling, immediate dismantling, and others. Of these, the immediate dismantling segment will dominate the market over the forecast period for the early phase-out of nuclear power plants in Europe, particularly in Italy and Germany.


Up to 800MW Segment to Spearhead the Market 


By Capacities, the global market of nuclear decommissioning is segmented into above 1000MW, 801MW-1000MW, and up to 800MW. Of these, the up to 800MW segment will spearhead the market over the forecast period for the pre-closure of nuclear power plants the capacities of which are under 800 MW in the European region.


Regional Analysis


Europe to Have Lions Share in Nuclear Decommissioning Market


Geographically, the the global market of nuclear decommissioning has been segmented into Europe, North America, the Asia Pacific (APAC), & the Middle East and Africa (MEA). Among these, Europe is likely to have the lions share in the nuclear decommissioning market over the forecast period. Increasing support from the government, growing environmental concerns that prompt the closure of nuclear power plants in Lithuania, France, the UK, and Germany, growing demand in Germany, public concerns, the presence of strict government regulations to regulate the dismantling process, and the growing number of nuclear power plants in South Korea and Japan, are adding to the global nuclear decommissioning market share in the region.


APAC to Grow at Fastest Pace 


The the global market of nuclear decommissioning in the APAC region is predicted to grow at the fastest pace over the forecast period. The presence of several matured nuclear power plants that dearly demands the nuclear decommissioning processes in South Korea and Japan, escalating use of nuclear decommissioning, ongoing nuclear decommissioning activities, and government initiatives to reduce nuclear energy are adding to the global nuclear decommissioning market growth in the region.


North America to Have Notable Growth in Nuclear Decommissioning Market 


The global nuclear decommissioning market in North America is predicted to have notable growth over the forecast period. The presence of many nuclear plants in the region that are going to close down for the safety of the environment and people, constant technological advances, support from the government to phase out nuclear plants, significant expansion, and growing awareness regarding environmental protection are adding to the global nuclear decommissioning market growth in the region. On the contrary, strict government regulations may limit the expansion of the market to some extent during the forecast period. 


Competitive Landscape


The global nuclear decommissioning market is highly fragmented and competitive in nature with the presence of several key players. These key players have encompassed several strategies to widen their portfolios as well as strengthen their position in the market, such as mergers and acquisitions, partnerships and collaborations, acquisitions, strategic alliances, new product launches, and others.


Recent Developments



  • January 2021- Fukushima College robot has won the best prize for nuclear decommissioning. The mehikari robot earned a lot of praise, especially for its speed and also the ability of employing various methods for retrieving mock debris akin to the size of a plant, the nuclear disaster site triggered by a big tsunami and earthquake. 

  • January 2021- Japan and the UK are working hand in hand to create novel technologies for the nuclear industry, which also entails long-reach robotic arms to help with the decommissioning of retired nuclear power plants. 

  • December 2020- Seoul has finalized the energy mix for investing in nuclear decommissioning.


Report Scope 


The nuclear decommissioning market report by Market Research Future throws light on the current trends and niches in the industry. The report also lays emphasis on the various market drivers, opportunities, market restraints, and challenges, as well as offers insights for the forecast period. It also throws light on the different market segments for a comprehensive understanding of the reader.


By Reactor Types 



  • PWR

  • BWR

  • GCR

  • Others


By Strategies Dismantling 



  • Immediate Dismantling 

  • Deferred Dismantling 

  • Others


By Capacities 



  • Up to 800MW

  • 801-1000MW

  • Above 1000MW


By Region 



  • North America

  • Europe

  • The Asia Pacific (APAC)

  • Rest of the World (RoW)



Report Scope:
Report Attribute/Metric Details
  Market Size   2027: Significant Value
  CAGR   6.93% CAGR (2020-2027)
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Reactor Type, Strategy and Capacity
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   GD Energy ServicesSpain), Enercon Services, Inc. (Germany), EDF-CIDEN (U.K.), Nuvia Group (France), EnergySolutions (U.S.), Westinghouse Electric (U.S.), AECOM (U.S.), Studsvik AB (Sweden), Babcock International Group PLC. (U.K.), and Areva Group (France)
  Key Market Opportunities   Increasing sensitivity towards environmental issues
  Key Market Drivers   Increasing concerns for public safety