Nuclear Power Plant Market Report 2025-2035

The Nuclear Power Plant Market Report 2025-2035 (Including Impact of U.S. Trade Tariffs): This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.

Advanced Reactor Technologies and SMR Development

One of the most significant technological drivers reshaping the nuclear landscape is the emergence of Small Modular Reactors (SMRs) and Generation IV reactors. These advanced reactor technologies offer modular construction, enhanced safety features, reduced capital costs, and the ability to operate in remote or off-grid areas. Companies like Westinghouse and NuScale Power are at the forefront of SMR development, with NuScale's VOYGR SMR receiving design approval from the U.S. Nuclear Regulatory Commission—the first of its kind. In Europe, Rosatom is deploying its floating nuclear power plant model using SMRs in Russia's Arctic region, providing a blueprint for decentralized, scalable energy solutions. These technologies are opening up new markets for nuclear beyond traditional large-scale facilities, particularly in countries with limited grid infrastructure.

High Capital Costs and Financing Complexity

One of the most persistent challenges in the nuclear energy market is the extremely high upfront capital investment required for new plant construction. Nuclear projects often require billions of dollars and extended timelines, making them less attractive compared to quicker and more flexible alternatives like solar and wind. The construction of Flamanville 3 in France by EDF is a well-known example—initially budgeted at €3.3 billion, the project's cost has ballooned to over €13 billion and is years behind schedule. Similarly, Vogtle Units 3 and 4 in Georgia, USA (Westinghouse technology), faced significant delays and cost overruns, leading to increased scrutiny from investors and public agencies. Such projects highlight the financial risk and complexity of nuclear investment, which is further compounded by uncertain return timelines. Even with government subsidies and green classifications, attracting private capital remains a major obstacle, especially in emerging markets with tighter fiscal constraints.

What would be the Impact of US Trade Tariffs on the Global Nuclear Power Plant Market?

The imposition of U.S. tariffs on nuclear technology components, raw materials such as steel and aluminum, and related industrial equipment is expected to create ripple effects across the global nuclear power plant market. As one of the leading developers and exporters of nuclear technology, U.S. policy decisions can significantly influence international project timelines, costs, and strategic planning. The tariffs particularly impact countries reliant on U.S. nuclear expertise, suppliers, and hardware. While the long-term outlook for nuclear power remains positive due to climate commitments and energy diversification goals, the near- to medium-term trajectory will vary depending on how quickly markets adapt to changing trade dynamics. Three potential recovery paths — V-shaped, U-shaped, and L-shaped — offer different implications for global market recovery.

What Questions Should You Ask before Buying a Market Research Report?

• How is the nuclear power plant market evolving?
• What is driving and restraining the nuclear power plant market?
• How will each nuclear power plant submarket segment grow over the forecast period and how much revenue will these submarkets account for in 2035?
• How will the market shares for each nuclear power plant submarket develop from 2025 to 2035?
• What will be the main driver for the overall market from 2025 to 2035?
• Will leading nuclear power plant markets broadly follow the macroeconomic dynamics, or will individual national markets outperform others?
• How will the market shares of the national markets change by 2035 and which geographical region will lead the market in 2035?
• Who are the leading players and what are their prospects over the forecast period?
• What are the nuclear power plant projects for these leading companies?
• How will the industry evolve during the period between 2025 and 2035? What are the implications of nuclear power plant projects taking place now and over the next 10 years?
• Is there a greater need for product commercialisation to further scale the nuclear power plant market?
• Where is the nuclear power plant market heading and how can you ensure you are at the forefront of the market?
• What are the best investment options for new product and service lines?
• What are the key prospects for moving companies into a new growth path and C-suite?

You need to discover how this will impact the nuclear power plant market today, and over the next 10 years:

• Our 418-page report provides 125 tables and 202 charts/graphs exclusively to you.
• The report highlights key lucrative areas in the industry so you can target them – NOW.
• It contains in-depth analysis of global, regional and national sales and growth.
• It highlights for you the key successful trends, changes and revenue projections made by your competitors.

Forecasts to 2035 and other analyses reveal commercial prospects

• In addition to revenue forecasting to 2035, our new study provides you with recent results, growth rates, and market shares.
• You will find original analyses, with business outlooks and developments.
• Discover qualitative analyses (including market dynamics, drivers, opportunities, restraints and challenges), cost structure, impact of rising nuclear power plant prices and recent developments.

Segments Covered in the Report

By Plant Type

• Thermal Nuclear Reactor
• Fast Neutron Reactor

By Capacity

• 1000–2,000 MW
• Above 2,000 MW
• Below 1000 MW

By End-User

• Utilities
• Industrial
• Government & Research Agencies
• Other End-Users

By Component

• Nuclear Reactor
• Steam Generator
• Instrumentation & Control Systems
• Turbines
• Other Components

By Reactor Type

• Pressurised Water Reactor (PWR)
• Boiling Water Reactor (BWR)
• Pressurised Heavy Water Reactor (PHWR)
• Gas-Cooled Reactor (GCR)
• Liquid Metal Fast Breeder Reactor (LMFBR)
• Other Reactor Types

In addition to the revenue predictions for the overall world market and segments, you will also find revenue forecasts for five regional and 25 leading national markets:

North America

• U.S.
• Canada

Europe

• France
• Russia
• Ukraine
• UK
• Spain
• Rest of Europe

Asia Pacific

• China
• India
• Japan
• South Korea
• Pakistan
• Rest of APAC

Latin America

• Brazil
• Mexico
• Rest of Latin America

MEA

• GCC
• South Africa
• Rest of MEA

The report also includes profiles and for some of the leading companies in the Nuclear Power Plant Market, 2025 to 2035, with a focus on this segment of these companies' operations.

Leading companies profiled in the report

• Atomstroyexport JSC (ASE)
• Bharat Heavy Electricals Limited (BHEL)
• BWX Technologies, Inc. (BWXT)
• √âlectricit√© de France (EDF)
• Framatome
• GE Hitachi Nuclear Energy
• Larsen & Toubro Limited
• Mitsubishi Heavy Industries, Ltd
• MTAR Technologies
• NuScale Power, LLC
• Orano SA
• Terrestrial Energy Inc
• Toshiba Energy Systems & Solutions Corporation
• Westinghouse Electric Corporation
• X Energy

Overall world revenue for Nuclear Power Plant Market, 2025 to 2035 in terms of value the market will surpass US$16.72 billion in 2025, our work calculates. We predict strong revenue growth through to 2035. Our work identifies which organisations hold the greatest potential. Discover their capabilities, progress, and commercial prospects, helping you stay ahead.

How will the Nuclear Power Plant Market, 2025 to 2035 report help you?

In summary, our 410+ page report provides you with the following knowledge:

• Revenue forecasts to 2035 for Nuclear Power Plant Market, 2025 to 2035, with forecasts for plant type, capacity, end-user, component, and reactor type, each forecast at a global and regional level – discover the industry's prospects, finding the most lucrative places for investments and revenues.
• Revenue forecasts to 2035 for five regional and 25 key national markets – See forecasts for the Nuclear Power Plant Market, 2025 to 2035 in North America, Europe, Asia Pacific, Latin America, and MEA. Also forecasted is the market in the US, Canada, Mexico, Brazil, Russia, Ukraine, France, UK, China, India, Japan, and Pakistan among other prominent economies.
• Prospects for established firms and those seeking to enter the market – including company profiles for 15 of the major companies involved in the Nuclear Power Plant Market, 2025 to 2035.

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with invaluable business intelligence.

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