Global Nuclear Decommissioning Services Market Size & Outlook
The nuclear decommissioning services industry worldwide is expected to reach a projected revenue of US$ 10,763.9 million by 2030. A compound annual growth rate of 4% is expected of the worldwide nuclear decommissioning services industry from 2024 to 2030.
Revenue, 2023 (US$M)
$8,170.1
Forecast, 2030 (US$M)
$10,763.9
CAGR, 2024 - 2030
4%
Report Coverage
Worldwide
Global nuclear decommissioning services market, 2018-2030 (US$M)
Related Markets
Global nuclear decommissioning services market highlights
- The global nuclear decommissioning services market generated a revenue of USD 8,170.1 million in 2023 and is expected to reach USD 10,763.9 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4% by 2030.
- In terms of segment, pwr accounted for a revenue of USD 3,421.4 million in 2023.
- PWR is the most lucrative reactor type segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, South Korea is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 8,170.1 million |
| Market revenue in 2030 | USD 10,763.9 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Pwr |
| Fastest growing segment | PWR |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PWR, BWR, PHWR, GCR |
Other key industry trends
- In terms of revenue, the North America accounted for 29.2% of the global nuclear decommissioning services market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Korea is the fastest growing regional market and is projected to reach USD 582.9 million by 2030.
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Nuclear Decommissioning Services Market Scope
Nuclear decommissioning services market segmentation & scope
Nuclear Decommissioning Services Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global nuclear decommissioning services market size, by region, 2018-2030 (US$M)
Top 10 countries: Nuclear decommissioning services market size, 2023 (US$M)
Global nuclear decommissioning services market share, by reactor type, 2023 & 2030 (%, US$M)
Nuclear decommissioning services market: Opportunity assessment by country
Global nuclear decommissioning services market, by region, 2023 (US$M)
| Reactor Type | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| North America | 1,579.3 | 1,709.5 | 1,850.6 | 2,176.4 | 2,279.7 | 2,387.9 | 2,501.2 | 2,620.0 | 2,739.5 | 2,859.9 | 2,981.1 | 3,103.1 | 3,225.9 | 4.4% |
| Europe | 2,572.5 | 2,779.5 | 3,003.0 | 3,525.1 | 3,685.5 | 3,853.1 | 4,028.3 | 4,211.5 | 4,395.3 | 4,579.7 | 4,764.6 | 4,950.2 | 5,136.4 | 4.2% |
| Asia Pacific | 957.3 | 1,029.6 | 1,107.4 | 1,294.1 | 1,346.8 | 1,401.7 | 1,458.9 | 1,518.3 | 1,577.5 | 1,636.2 | 1,694.6 | 1,752.6 | 1,810.3 | 3.7% |
| Latin America | 222.5 | 233.9 | 245.9 | 280.9 | 285.7 | 290.7 | 295.7 | 300.8 | 305.3 | 309.1 | 312.3 | 314.8 | 316.6 | 1.2% |
| MEA | 169.5 | 181.0 | 193.1 | 223.5 | 230.2 | 236.7 | 243.1 | 249.4 | 255.3 | 260.7 | 265.8 | 270.4 | 274.7 | 2.2% |
| Overall | 5,501.0 | 5,933.5 | 6,400.0 | 7,500.0 | 7,827.9 | 8,170.1 | 8,527.2 | 8,900.0 | 9,272.8 | 9,645.6 | 10,018.3 | 10,391.1 | 10,763.9 | 4.0% |
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