Europe Nuclear Decommissioning Services Market Size & Outlook

The nuclear decommissioning services market in Europe is expected to reach a projected revenue of US$ 5,136.4 million by 2030. A compound annual growth rate of 4.2% is expected of Europe nuclear decommissioning services market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,853.1
Forecast, 2030 (US$M)
$5,136.4
CAGR, 2024 - 2030
4.2%
Report Coverage
Europe

Europe nuclear decommissioning services market highlights

  • The Europe nuclear decommissioning services market generated a revenue of USD 3,853.1 million in 2023.
  • The market is expected to grow at a CAGR of 4.2% from 2024 to 2030.
  • In terms of segment, pwr was the largest revenue generating reactor type in 2023.
  • PWR is the most lucrative reactor type segment registering the fastest growth during the forecast period.
  • Country-wise, UK is expected to register the highest CAGR from 2024 to 2030.


Europe data book summary

Market revenue in 2023USD 3,853.1 million
Market revenue in 2030USD 5,136.4 million
Growth rate4.2% (CAGR from 2023 to 2030)
Largest segmentPwr
Fastest growing segmentPWR
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPWR, BWR, PHWR, GCR
Key market players worldwideOrion Group Holdings Inc, Babcock International Group PLC, Westinghouse Air Brake Technologies Corp, AECOM, Studsvik AB ADR, Bechtle AG


Other key industry trends

  • In terms of revenue, Europe region accounted for 47.2% of the global nuclear decommissioning services market in 2023.
  • Globally, Europe is projected to lead the regional market in terms of revenue in 2030.
  • North America is the fastest growing regional market and is projected to reach USD 3,225.9 million by 2030.

Pwr was the largest segment with a revenue share of 39.2% in 2023. Horizon Databook has segmented the Europe nuclear decommissioning services market based on pwr, bwr, phwr, gcr covering the revenue growth of each sub-segment from 2018 to 2030.


Nuclear decommissioning in Europe comprises major countries, such as Germany, France, and the UK. The region accounts for significant share of the global nuclear decommissioning market, and is the largest region for nuclear decommissioning.

Various government regulations in the form of certifications and standards are likely to fuel market growth. One such regulation is the Nuclear Decommissioning Assistance Program (NDAP), which focuses on providing financial assistance for decommissioning and dismantling projects for nuclear power plants and other energy projects to mitigate social consequences.

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Nuclear Decommissioning Services Market Scope

Nuclear Decommissioning Services Market Companies

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Europe nuclear decommissioning services market size, by country, 2018-2030 (US$M)

Europe Nuclear Decommissioning Services Market Outlook Share, 2023 & 2030 (US$M)

Europe nuclear decommissioning services market size, by country, 2018-2030 (US$M)

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