The nuclear power generation market size is expected to reach US$ 299.1 billion by 2030 from US$ 271.4 billion in 2022; the market is likely to record a CAGR of 1.2% during 2022–2030.
The Nuclear Power Generation Market is a very important constituent of the global energy scenario that deals with the generation of electricity through nuclear fission. This is a market driven by increasing energy demands, the need for low-carbon energy sources, and technological advancements that improve reactor safety and efficiency. While the industry has the potential to do much, the majority of current barriers have arisen from the public view and regulatory barriers, added to the high initial capital costs. Nonetheless, nuclear energy is considered going to play an important role, with a very high degree of importance, over the forthcoming years in securing energy supply, while lessening dependence on greenhouse gases.
