Nuclear Cables Market Size 2023-2030

Oct 31, 2023

The global market for Nuclear Cables estimated at US$ 961.17 million in the year 2022, is projected to reach a revised size of US$ 873.45 million by 2030, growing at a CAGR of -1.58% during the forecast period 2023-2030.

Nuclear-Cables-Market

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Nuclear cables have an important role to play in the energy industry. They are used to provide power and other services needed in nuclear plants and they are also essential components of any nuclear-powered plant’s safety equipment.

The global key manufacturers of Nuclear Cables include Prysmian Group, Nexans, Anhui Cable, Sunway, Jiangsu Shangshang Cable Group and Siechem, etc. In 2021, the global top five players had a share approximately 77.63% in terms of revenue.

Report Includes:

This report presents an overview of global market for Nuclear Cables, capacity, output, revenue and price. Analyses of the global market trends, with historic market revenue/sales data for 2017 - 2021, estimates for 2022, and projections of CAGR through 2030.

This report researches the key producers of Nuclear Cables, also provides the consumption of main regions and countries. Highlights of the upcoming market potential for Nuclear Cables, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Nuclear Cables sales, revenue, market share and industry ranking of main manufacturers, data from 2017 to 2022. Identification of the major stakeholders in the global Nuclear Cables market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2017 to 2030. Evaluation and forecast the market size for Nuclear Cables sales, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Prysmian Group, Nexans, Anhui Cable, Sunway, Jiangsu Shangshang Cable Group, Shandong Hualing Cable, Qingdao Hanhe Cable, Orient Wires & Cables, and AnHui TianKang Group, etc.

Segment by Type

Class 1E Category K1 Cables
Class 1E Category K2 Cables
Class 1E Category K3 Cables

Segment by Application

Inside The Reactors
Outside The Reactors

By Company

Prysmian Group
Nexans
Anhui Cable
Sunway
Jiangsu Shangshang Cable Group
Shandong Hualing Cable
Qingdao Hanhe Cable
Orient Wires & Cables
AnHui TianKang Group
Siechem
Habia Cable
Eupen Cable
RSCC Wire & Cable

The USA market for Nuclear Cables is estimated to increase from $ 75.64 million in 2022 to reach $ 63.44 million by 2030, at a CAGR of -2.89% during the forecast period of 2022 through 2030.
The China market for Nuclear Cables is estimated to increase from $ 223.05 million in 2022 to reach $ 202.08 million by 2030, at a CAGR of -1.63% during the forecast period of 2022 through 2030.
The Europe market for Nuclear Cables is estimated to increase from $ 264.01 million in 2022 to reach $ 242.61 million by 2030, at a CAGR of -1.40% during the forecast period of 2022 through 2030.

Production by Region

In terms of production side, this report researches the Nuclear Cables production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2030.

North America
Europe
China
Japan

Sales by Region

In terms of consumption side, this report focuses on the sales of Nuclear Cables by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2030.

North America
United States
Canada
Mexico

United States
Canada
Mexico

Asia-Pacific
China
Japan
South Korea
India
Bangladesh
Pakistan

China
Japan
South Korea
India
Bangladesh
Pakistan

Europe
Germany
France
U.K.
Ukraine
Russia

Germany
France
U.K.
Ukraine
Russia

South America
Brazil
Argentina

Brazil
Argentina

Middle East & Africa
UAE
Iran
Turkey
South Africa

UAE
Iran
Turkey
South Africa

The Asia Pacific region is expected to be the fastest-growing market for nuclear cables during the forecast period owing to the increasing demand for nuclear power generation in countries such as China, India, and South Korea. China is one of the leading producers and consumers of nuclear power in the world. The country has 37 operational nuclear reactors with an installed capacity of 34 GW as of 2019. Seven more reactors are under construction with a total capacity of 8 GW. India has 22 operational nuclear reactors.

Market Drivers:

Nuclear power is a clean and efficient source of energy, which has been gaining popularity in recent years. According to the World Nuclear Association, there are 441 operational nuclear reactors around the world, with 63 more under construction. These reactors have a combined capacity of over 391 gigawatts (GW).

There is a growing demand for electricity, due to the rapid economic growth and industrialization in many parts of the world. This has resulted in an increase in the number of nuclear power plants being built. For instance, China has plans to build 36 new nuclear reactors by 2025. This will lead to an increase in the demand for nuclear cables.

The Fukushima Daiichi nuclear disaster in Japan demonstrated the need for safe and reliable energy sources. Nuclear power plants must be equipped with robust safety systems to prevent any kind of accidents or disasters. This has led to an increased focus on safety, which is driving the growth of the nuclear cables market.

Nuclear power is a clean and efficient source of energy that can help meet the world's growing energy demand. Nuclear power plants generate electricity through nuclear fission, which produces very little air pollution or greenhouse gases. In addition, nuclear power plants have a much smaller footprint than other types of power plants, such as coal-fired plants.

There are currently 449 operational nuclear reactors in 31 countries around the world, with a total installed capacity of 391 GW. These reactors generate about 10% of the world's electricity. More than 60% of the world's nuclear reactors are located in just five countries: the United States, France, China, Russia, and South Korea.

China has the largest number of operational nuclear reactors (37) and the largest number under construction (20). The country's installed capacity is expected to more than double by 2030, to 58 GW. China is also building several new research reactors.

France has 58 operational nuclear reactors with an installed capacity of 63 GW. Three-quarters of France's electricity comes from nuclear power. The country plans to maintain this share through 2025 while reducing its dependence on imported fossil fuels.

Key questions answered in our Research reports:

Key manufacturers, suppliers, distributors Data?
What will the market size be in 2030 and what will the growth rate be?
Market size, share, and outlook across 5 regions and 16 countries, 2022- 2030
Market size, CAGR, and Market Share of key products, applications, and end-user verticals, 2022- 2030
Short and long-term market trends, drivers, restraints, and opportunities
trade analysis, market price analysis, supply/demand
Profiles of 5+ leading companies in the industry- overview, key strategies, financials, and products
Key players of the industry include Company Profiles, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin Data Pack.
Latest market news and developments
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key supplier companies/vendors in this market space?
What are the market opportunities and threats faced by the key company?
What are the strengths and weaknesses of the key company?

Reasons to Purchase this Report:

Estimates 2023-2030 Nuclear Cables Report on, Status and Forecast, by Players, Types and Applications market development trends with the recent trends and SWOT analysis
Market dynamics scenario, along with growth opportunities of the market in the years to come
Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
Market value (USD Million) and volume (Units Million) data for each segment and sub-segment
Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
1-year analyst support, along with the data support in excel format.

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