Top Companies in Nuclear Decommissioning Services Market by Size, Share, Historical and Future Data & CAGR | Report by Vantage Market Research
Nuclear Decommissioning Services Market is projected to reach a value of USD 8.1 Billion by 2030 at a CAGR of 4.9% over the forecast period.
Vantage Market Research has recently published a new report on "Nuclear Decommissioning Services Market” Global Industry Assessment & Forecast to identify key trends and challenges. The report offers insights into the competitive landscape, prospects, and key investment considerations for businesses operating in Nuclear Decommissioning Services Market. Some of the key statistics in the report highlight that Global Nuclear Decommissioning Services Market was valued at USD 5.8 Billion in 2022 and is projected to reach a value of USD 8.1 Billion by 2030 at a CAGR of 4.9% over the forecast period. The Nuclear Decommissioning Services market will continue to expand due to rising demand from different end-user sectors, including the Innovation and technology industries.
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The Global Nuclear Decommissioning Services market is dominated by well-known players like Orano Group, Babcock International Group PLC, Westinghouse Electric Company LLC, AECOM, Studsvik AB, Bechtel Corporation, Magnox Ltd., GE Hitachi Nuclear Energy, Ansaldo Energia, CH2M Hill Company Ltd. and others. These market participants are also pursuing strategies like investments, partnerships, acquisitions, and mergers to increase their market dominance. Furthermore, businesses are investing in the creation of better services. They are also concentrating on keeping their prices reasonable.
Let’s Take a Look at the Top Market Players that are Captivating the Nuclear Decommissioning Services Market
- Orano Group
Orano SA is a multinational nuclear fuel cycle company headquartered in Châtillon, Hauts-de-Seine, France. The company is engaged in uranium mining, conversion-enrichment, spent fuel recycling, nuclear logistics, dismantling, and nuclear cycle engineering activities.
- Babcock International Group PLC
Babcock International Group plc is a British aerospace, defence and nuclear engineering services company based in London, England. It specialises in managing complex assets and infrastructure.
- Westinghouse Electric Company LLC
Westinghouse Electric Company LLC offers nuclear power services. The Company provides fuel, services, technology, plant design, and equipment for the commercial nuclear electric power industry, as well as fuel assembly fabrication, zirconium-alloy products, nuclear grade tubing, and components. Westinghouse Electric serves customers worldwide.
AECOM is the world's premier infrastructure firm with an unrivaled heritage delivering design, planning, engineering, and consulting and construction management solutions.
Studsvik is a supplier of nuclear analysis software and specialized services to the international nuclear industry. The company is headquartered in Nykoping, Sweden, and has five divisions: Sweden, United Kingdom, Germany, the United States, and Global Services.
- Bechtel Corporation
Bechtel Corporation is an American engineering, procurement, construction, and project Management Company founded in San Francisco, California, and headquartered in Reston, Virginia.
- Magnox Ltd.
Magnox Ltd. is a nuclear decommissioning Site Licence Company under the Nuclear Decommissioning Authority, a government body set up specifically to deal with the nuclear legacy under the Energy Act 2004.
- GE Hitachi Nuclear Energy
GE Hitachi Nuclear Energy is a provider of advanced reactors and nuclear services. It is headquartered in Wilmington, North Carolina, United States.
- Ansaldo Energia
Ansaldo Energia is a producer of thermoelectric power plants, operating in international markets for customers ranging from Public Administration to Independent Power Producers and Industrial Clients. Ansaldo Energia covers the entire power generation spectrum with a combination of plant engineering, manufacturing, and service activities.
- CH2M Hill Company Ltd.
CH2M Hill, is an engineering company that provided consulting, design, construction, and operations services for corporations and governments. The company was organized in Corvallis, Oregon, and headquartered at 9191 South Jamaica Street, Englewood, Colorado.
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