According to Stratistics MRC, the Global Small Modular Reactor Market is accounted for $9.70 billion in 2021 and is expected to reach $13.74 billion by 2028 growing at a CAGR of 5.1% during the forecast period.
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Small modular reactors (SMRs) are defined as nuclear reactors having a power output of less than 300MWe. A major advantage of SMRs is their small size and shorter construction times compared to traditional bulk nuclear reactors. As an SMR is fully built in a factory using module fabrication, a high production rate can be achieved. SMRs are still in the design phase.
Some of the key players profiled in the Small Modular Reactor Market include Bechtel Corporation, Brookfield Asset Management, China National Nuclear Corporation (CNNC), Fluor Corporation, General Atomics, General Electric Hitachi Nuclear Energy, Holtec International, Mitsubishi Heavy Industries Ltd., Nuclear Power Corporation of India Limited (NPCIL), Rolls Royce Plc., Shanghai Nuclear Engineering Research and Design Institute Co., Ltd. (SNERDI), TerraPower LLC, Terrestrial Energy, Toshiba International Corporation, and X Energy LLC.
Locations Covered:
• Land
• Marine
Reactor Types Covered:
• Light Water Reactor (LWR)
• Pressurized Heavy Water Reactor (PHWR)
• High Temperature Gas Reactor (HTR)
• Fast Neutron Reactor (FNR)
• Molten Salt Reactor (MSR)
• Integral Pressurized Water Reactor (PWR)
Connectivity’s Covered:
• Grid-Connected
• Off-Grid
Deployments Covered:
• Single-Module Power Plant
• Multi-Module Power Plant
Applications Covered:
• Desalination
• Hyrdrogen Production
• Industrial
• Power Generation
• Process Heat
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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