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Spent Nuclear Fuel (SNF) Dry Storage Casks Trends and Forecast
The future of the global spent nuclear fuel (SNF) dry storage casks market looks promising with opportunities in the large nuclear power plant and small nuclear power plant markets. The global spent nuclear fuel (SNF) dry storage casks market is expected to reach an estimated $2.9 billion by 2030 with a CAGR of 6.3% from 2024 to 2030. The major drivers for this market are growing nuclear energy generation, stringent regulatory requirements, and rising demand for excellent storage conditions and capacity for nuclear fuel.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Spent Nuclear Fuel (SNF) Dry Storage Casks by Segment
The study includes a forecast for the global spent nuclear fuel (SNF) dry storage casks by type, application, and region.
Spent Nuclear Fuel (SNF) Dry Storage Casks Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Concrete
• Steel
Spent Nuclear Fuel (SNF) Dry Storage Casks Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Large Nuclear Power Plants
• Small Nuclear Power Plants
Spent Nuclear Fuel (SNF) Dry Storage Casks Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Spent Nuclear Fuel (SNF) Dry Storage Casks Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies spent nuclear fuel (SNF) dry storage casks companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the spent nuclear fuel (SNF) dry storage casks companies profiled in this report include-
• Areva
• British Nuclear Fuels
• Hitachi Zosen
• Holtec
• Mitsubishi Heavy Industries
• NAC
• OCL
• Transnuclear
• Skoda JS
• Fluor
Spent Nuclear Fuel (SNF) Dry Storage Casks Market Insights
Lucintel forecasts that steel is expected to witness the higher growth over the forecast period due to superior strength and durability.
Within this market, large nuclear power plant is expected to witness the higher growth as it helps in developing more spent nuclear fuel.
APAC is expected to witness highest growth over the forecast period due to strong investment in nuclear energy and favorable regulatory environment.
Features of the Global Spent Nuclear Fuel (SNF) Dry Storage Casks Market
Market Size Estimates: Spent nuclear fuel (SNF) dry storage casks market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Spent nuclear fuel (SNF) dry storage casks market size by type, application, and region in terms of value ($B).
Regional Analysis: Spent nuclear fuel (SNF) dry storage casks market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the spent nuclear fuel (SNF) dry storage casks market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the spent nuclear fuel (SNF) dry storage casks market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the spent nuclear fuel (SNF) dry storage casks market size?
Answer: The global spent nuclear fuel (SNF) dry storage casks market is expected to reach an estimated $2.9 billion by 2030.
Q2. What is the growth forecast for spent nuclear fuel (SNF) dry storage casks market?
Answer: The global spent nuclear fuel (SNF) dry storage casks market is expected to grow with a CAGR of 6.3% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the spent nuclear fuel (SNF) dry storage casks market?
Answer: The major drivers for this market are growing nuclear energy generation, stringent regulatory requirements, and rising demand for excellent storage conditions and capacity for nuclear fuel.
Q4. What are the major segments for spent nuclear fuel (SNF) dry storage casks market?
Answer: The future of the spent nuclear fuel (SNF) dry storage casks market looks promising with opportunities in the large nuclear power plant and small nuclear power plant markets.
Q5. Who are the key spent nuclear fuel (SNF) dry storage casks market companies?
Answer: Some of the key spent nuclear fuel (SNF) dry storage casks companies are as follows:
• Areva
• British Nuclear Fuels
• Hitachi Zosen
• Holtec
• Mitsubishi Heavy Industries
• NAC
• OCL
• Transnuclear
• Skoda JS
• Fluor
Q6. Which spent nuclear fuel (SNF) dry storage casks market segment will be the largest in future?
Answer: Lucintel forecasts that steel is expected to witness the higher growth over the forecast period due to superior strength and durability.
Q7. In spent nuclear fuel (SNF) dry storage casks market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period due to strong investment in nuclear energy and favorable regulatory environment.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the spent nuclear fuel (SNF) dry storage casks market by type (concrete and steel), application (large nuclear power plant and small nuclear power plant), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
For any questions related to Spent Nuclear Fuel Dry Storage Casks Market, Spent Nuclear Fuel Dry Storage Casks Market Size, Spent Nuclear Fuel Dry Storage Casks Market Growth, Spent Nuclear Fuel Dry Storage Casks Market Analysis, Spent Nuclear Fuel Dry Storage Casks Market Report, Spent Nuclear Fuel Dry Storage Casks Market Share, Spent Nuclear Fuel Dry Storage Casks Market Trends, Spent Nuclear Fuel Dry Storage Casks Market Forecast, Spent Nuclear Fuel Dry Storage Casks Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.
Table of Contents
1. Executive Summary
2. Global Spent Nuclear Fuel (SNF) Dry Storage Casks Market : Market Dynamics
2.1: Introduction, Background, and Classifications
2.2: Supply Chain
2.3: Industry Drivers and Challenges
3. Market Trends and Forecast Analysis from 2018 to 2030
3.1. Macroeconomic Trends (2018-2023) and Forecast (2024-2030)
3.2. Global Spent Nuclear Fuel (SNF) Dry Storage Casks Market Trends (2018-2023) and Forecast (2024-2030)
3.3: Global Spent Nuclear Fuel (SNF) Dry Storage Casks Market by Type
3.3.1: Concrete
3.3.2: Steel
3.4: Global Spent Nuclear Fuel (SNF) Dry Storage Casks Market by Application
3.4.1: Large Nuclear Power Plants
3.4.2: Small Nuclear Power Plants
4. Market Trends and Forecast Analysis by Region from 2018 to 2030
4.1: Global Spent Nuclear Fuel (SNF) Dry Storage Casks Market by Region
4.2: North American Spent Nuclear Fuel (SNF) Dry Storage Casks Market
4.2.2: North American Spent Nuclear Fuel (SNF) Dry Storage Casks Market by Application: Large Nuclear Power Plant and Small Nuclear Power Plant
4.3: European Spent Nuclear Fuel (SNF) Dry Storage Casks Market
4.3.1: European Spent Nuclear Fuel (SNF) Dry Storage Casks Market by Type: Concrete and Steel
4.3.2: European Spent Nuclear Fuel (SNF) Dry Storage Casks Market by Application: Large Nuclear Power Plant and Small Nuclear Power Plant
4.4: APAC Spent Nuclear Fuel (SNF) Dry Storage Casks Market
4.4.1: APAC Spent Nuclear Fuel (SNF) Dry Storage Casks Market by Type: Concrete and Steel
4.4.2: APAC Spent Nuclear Fuel (SNF) Dry Storage Casks Market by Application: Large Nuclear Power Plant and Small Nuclear Power Plant
4.5: ROW Spent Nuclear Fuel (SNF) Dry Storage Casks Market
4.5.1: ROW Spent Nuclear Fuel (SNF) Dry Storage Casks Market by Type: Concrete and Steel
4.5.2: ROW Spent Nuclear Fuel (SNF) Dry Storage Casks Market by Application: Large Nuclear Power Plant and Small Nuclear Power Plant
5. Competitor Analysis
5.1: Product Portfolio Analysis
5.2: Operational Integration
5.3: Porter’s Five Forces Analysis
6. Growth Opportunities and Strategic Analysis
6.1: Growth Opportunity Analysis
6.1.1: Growth Opportunities for the Global Spent Nuclear Fuel (SNF) Dry Storage Casks Market by Type
6.1.2: Growth Opportunities for the Global Spent Nuclear Fuel (SNF) Dry Storage Casks Market by Application
6.1.3: Growth Opportunities for the Global Spent Nuclear Fuel (SNF) Dry Storage Casks Market by Region
6.2: Emerging Trends in the Global Spent Nuclear Fuel (SNF) Dry Storage Casks Market
6.3: Strategic Analysis
6.3.1: New Product Development
6.3.2: Capacity Expansion of the Global Spent Nuclear Fuel (SNF) Dry Storage Casks Market
6.3.3: Mergers, Acquisitions, and Joint Ventures in the Global Spent Nuclear Fuel (SNF) Dry Storage Casks Market
6.3.4: Certification and Licensing
7. Company Profiles of Leading Players
7.1: Areva
7.2: British Nuclear Fuels
7.3: Hitachi Zosen
7.4: Holtec
7.5: Mitsubishi Heavy Industries
7.6: NAC
7.7: OCL
7.8: Transnuclear
7.9: Skoda JS
7.10: Fluor
.
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Lucintel has been in the business of market research and management consulting since 2000 and has published over 1000 market intelligence reports in various markets / applications and served over 1,000 clients worldwide. This study is a culmination of four months of full-time effort performed by Lucintel's analyst team. The analysts used the following sources for the creation and completion of this valuable report:
In-depth interviews of the major players in this market
Detailed secondary research from competitors’ financial statements and published data
Extensive searches of published works, market, and database information pertaining to industry news, company press releases, and customer intentions
A compilation of the experiences, judgments, and insights of Lucintel’s professionals, who have analyzed and tracked this market over the years.
Extensive research and interviews are conducted across the supply chain of this market to estimate market share, market size, trends, drivers, challenges, and forecasts. Below is a brief summary of the primary interviews that were conducted by job function for this report.
Thus, Lucintel compiles vast amounts of data from numerous sources, validates the integrity of that data, and performs a comprehensive analysis. Lucintel then organizes the data, its findings, and insights into a concise report designed to support the strategic decision-making process. The figure below is a graphical representation of Lucintel’s research process.
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