Nuclear Power Market Size, Share, and Trends 2025 to 2034

The global nuclear power market demand is estimated at USD 442.94 giga-watt in 2025 and is predicted to surpass around USD 515.51 giga-watt by 2034, expanding at a CAGR of 1.70% between 2025 and 2034. The North America nuclear power market size accounted at USD 169.86 giga-watt in 2024 and is anticipated to grow at a fastest CAGR of 1.83% during the forecast year.

Last Updated : May 2025  |  Report Code : 2903  |  Category : Energy and Power  |  Format : PDF / PPT / Excel

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis 

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Nuclear Power Market 

5.1. COVID-19 Landscape: Nuclear Power Industry Impact

5.2. COVID 19 - Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Nuclear Power Market, By Reactor Type

8.1. Nuclear Power Market, by Reactor Type

8.1.1 Pressurized Water Reactors (PWRs)

8.1.1.1. Market Revenue and Forecast

8.1.2. Boiling Water Reactors (BWRs)

8.1.2.1. Market Revenue and Forecast

8.1.3. Pressurized Heavy Water Reactors (PHWRs)

8.1.3.1. Market Revenue and Forecast

8.1.4. Others

8.1.4.1. Market Revenue and Forecast

Chapter 9. Global Nuclear Power Market, By Reactor Size

9.1. Nuclear Power Market, by Reactor Size

9.1.1. Large Reactors

9.1.1.1. Market Revenue and Forecast

9.1.2. Small Modular Reactors (SMRs)

9.1.2.1. Market Revenue and Forecast

Chapter 10. Global Nuclear Power Market, By Application 

10.1. Nuclear Power Market, by Application

10.1.1. Energy

10.1.1.1. Market Revenue and Forecast

10.1.2. Hydrogen Production

10.1.2.1. Market Revenue and Forecast

Chapter 11. Global Nuclear Power Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Reactor Type

11.1.2. Market Revenue and Forecast, by Reactor Size

11.1.3. Market Revenue and Forecast, by Application

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Reactor Type

11.1.4.2. Market Revenue and Forecast, by Reactor Size

11.1.4.3. Market Revenue and Forecast, by Application

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Reactor Type

11.1.5.2. Market Revenue and Forecast, by Reactor Size

11.1.5.3. Market Revenue and Forecast, by Application

11.2. Europe

11.2.1. Market Revenue and Forecast, by Reactor Type

11.2.2. Market Revenue and Forecast, by Reactor Size

11.2.3. Market Revenue and Forecast, by Application

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Reactor Type

11.2.4.2. Market Revenue and Forecast, by Reactor Size

11.2.4.3. Market Revenue and Forecast, by Application

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Reactor Type

11.2.5.2. Market Revenue and Forecast, by Reactor Size

11.2.5.3. Market Revenue and Forecast, by Application

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Reactor Type

11.2.6.2. Market Revenue and Forecast, by Reactor Size

11.2.6.3. Market Revenue and Forecast, by Application

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Reactor Type

11.2.7.2. Market Revenue and Forecast, by Reactor Size

11.2.7.3. Market Revenue and Forecast, by Application

11.3. APAC

11.3.1. Market Revenue and Forecast, by Reactor Type

11.3.2. Market Revenue and Forecast, by Reactor Size

11.3.3. Market Revenue and Forecast, by Application

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Reactor Type

11.3.4.2. Market Revenue and Forecast, by Reactor Size

11.3.4.3. Market Revenue and Forecast, by Application

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Reactor Type

11.3.5.2. Market Revenue and Forecast, by Reactor Size

11.3.5.3. Market Revenue and Forecast, by Application

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Reactor Type

11.3.6.2. Market Revenue and Forecast, by Reactor Size

11.3.6.3. Market Revenue and Forecast, by Application

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Reactor Type

11.3.7.2. Market Revenue and Forecast, by Reactor Size

11.3.7.3. Market Revenue and Forecast, by Application

11.4. MEA

11.4.1. Market Revenue and Forecast, by Reactor Type

11.4.2. Market Revenue and Forecast, by Reactor Size

11.4.3. Market Revenue and Forecast, by Application

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Reactor Type

11.4.4.2. Market Revenue and Forecast, by Reactor Size

11.4.4.3. Market Revenue and Forecast, by Application

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Reactor Type

11.4.5.2. Market Revenue and Forecast, by Reactor Size

11.4.5.3. Market Revenue and Forecast, by Application

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Reactor Type

11.4.6.2. Market Revenue and Forecast, by Reactor Size

11.4.6.3. Market Revenue and Forecast, by Application

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Reactor Type

11.4.7.2. Market Revenue and Forecast, by Reactor Size

11.4.7.3. Market Revenue and Forecast, by Application

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Reactor Type

11.5.2. Market Revenue and Forecast, by Reactor Size

11.5.3. Market Revenue and Forecast, by Application

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Reactor Type

11.5.4.2. Market Revenue and Forecast, by Reactor Size

11.5.4.3. Market Revenue and Forecast, by Application

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Reactor Type

11.5.5.2. Market Revenue and Forecast, by Reactor Size

11.5.5.3. Market Revenue and Forecast, by Application

Chapter 12. Company Profiles

12.1. GE Hitachi Nuclear Energy

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. China National Nuclear Corporation

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Westinghouse Electric Company LLC

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. Centrus Energy

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Electricite de France

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Cameco Corp.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Nuscale Power

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Rosatom

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Energy Harbor Nuclear Generation LLC

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Orano SA

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

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Frequently Asked Questions

The global nuclear power market demand is expected to increase USD 515.51 giga-watt by 2034 from USD 435.54 giga-watt in 2024.

The global nuclear power market will register growth rate of 1.70% between 2025 and 2034.

The major players operating in the nuclear power market are GE Hitachi Nuclear Energy, China National Nuclear Corporation, Westinghouse Electric Company LLC, Centrus Energy, Electricite de France, Cameco Corp., Nuscale Power, Rosatom, Energy Harbor Nuclear Generation LLC, Orano SA, Constellation Energy Corporation, Korea Hydro & Nuclear Power Co., Ltd., FirstEnergy Corp., Engie SA, and Others.

The driving factors of the nuclear power market are the increasing demand for electricity and rising environmental concerns.

North America region will lead the global nuclear power market during the forecast period 2025 to 2034.

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