Nuclear Power Market Sales and Revenues of Manufacturers Forecast till 2025-2032
Nuclear Power Market size was valued at USD 38.23 Bn in 2024, and the total Nuclear Power revenue is expected to grow at a CAGR of 3.14% from 2025 to 2032, reaching nearly USD 48.95 Bn. Market Estimation & Definition The Nuclear Power Market encompasses the development, construction, operation, fuel supply, maintenance, and decommissioning of nuclear power plants, as well as technological advancements such as small modular reactors (SMRs) and next-generation reactor designs. Nuclear power generation uses controlled nuclear fission reactions to produce heat, which is then converted into electricity. Key market components include: Nuclear reactors (pressurized water reactors, boiling water reactors, SMRs, advanced reactors) Fuel supply and recycling Operation and maintenance services Reactor components and engineering services Decommissioning and waste management As countries transition toward cleaner energy systems, nuclear power — known for its reliability, high capacity fac...