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[English Market Research Report] Global Market for Small Modular Reactors (SMR)

[English Market Research Report] Global Market for Small Modular Reactors (SMR)

Small Modular Reactor Market

The global market size for small modular reactors (SMRs) is estimated to reach $7 billion by 2030, growing from an estimated $5.7 billion in 2022, with a projected CAGR of 2.7% during the forecast period. Cost reductions through modularization and factory production are expected to drive the growth of the small modular reactor market. Additionally, the demand for clean, stable, and reliable nuclear energy for baseload power supply is propelling the market. However, stringent nuclear regulatory requirements regarding the deployment of SMRs may hinder the growth of the small modular reactor market.

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[English Market Research Report] Global Market for Small Modular Reactors

[English Market Research Report] Global Market for Small Modular Reactors

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The global small modular reactor market was valued at approximately 5.7 billion USD in 2022 and is expected to grow at a healthy growth rate of over 2.3% during the forecast period from 2023 to 2030. The purpose of this study is to clarify the market size of various segments and countries in recent years and to forecast the market size for the coming years. This report is designed to incorporate both qualitative and quantitative aspects of the industry in the countries under investigation. It also provides detailed information on key aspects such as the driving factors and challenges that will define the future growth of the market. Furthermore, it includes a detailed analysis of the competitive landscape of major companies and product offerings, along with potential opportunities in the micro market for stakeholders to invest in.

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