Market revenue in 2023 | USD 3,853.1 million |
Market revenue in 2030 | USD 5,136.4 million |
Growth rate | 4.2% (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 |
Key market players worldwide | Orion Group Holdings Inc, Babcock International Group PLC, Westinghouse Air Brake Technologies Corp, AECOM, Studsvik AB ADR, Bechtle AG |
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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