France Nuclear Decommissioning Services Market Size & Outlook
France nuclear decommissioning services market, 2018-2030 (US$M)
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France nuclear decommissioning services market highlights
- The France nuclear decommissioning services market generated a revenue of USD 573.6 million in 2023 and is expected to reach USD 754.6 million by 2030.
- The France market is expected to grow at a CAGR of 4% 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.
Nuclear decommissioning services market data book summary
| Market revenue in 2023 | USD 573.6 million |
| Market revenue in 2030 | USD 754.6 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Pwr |
| Fastest growing segment | PWR |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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 |
Other key industry trends
- In terms of revenue, France accounted for 7.0% of the global nuclear decommissioning services market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany nuclear decommissioning services market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 1,177.5 million by 2030.
Pwr was the largest segment with a revenue share of 44.25% in 2023. Horizon Databook has segmented the France nuclear decommissioning services market based on pwr, bwr, phwr, gcr covering the revenue growth of each sub-segment from 2018 to 2030.
The nuclear decommissioning services market in France is anticipated to experience significant growth in the coming years. With increasing focus on environmental sustainability and the transition toward renewable energy sources, the demand for nuclear decommissioning services is expected to rise.
According to the International Energy Agency, as of 2022, nuclear energy accounted for 36.5% of France’s energy supply. The market is expected to expand as the country aims to phase out nuclear power and enhance its reliance on cleaner energy alternatives.
Strict government regulations and initiatives to address nuclear waste disposal issues are driving the growth of the nuclear decommissioning services market in France. The market is also expected to benefit from technological advancements and international collaborations to efficiently manage the decommissioning process and ensure safe and sustainable outcomes.
Key Regions: U.S. , UK , Japan , Germany , South Korea
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Nuclear Decommissioning Services Market Scope
Nuclear Decommissioning Services Market Companies
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France nuclear decommissioning services market size, by reactor type, 2018-2030 (US$M)
France Nuclear Decommissioning Services Market Outlook Share, 2023 & 2030 (US$M)
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