Global Nuclear Power Reactor Decommissioning Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Reactor Type;

Pressurized Water Reactor, Pressurized Heavy Water Reactor, Boiling Water Reactor, Gas Cooled Reactor, Fast Breeder Reactor and Other Reactors.

By Capacity;

Below 100 MW, 100-1000 MW and Above 1000 MW.

By Application;

Commercial Power Reactor, Prototype Power Reactor and Research Reactor.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn641213651 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Nuclear Power Reactor Decommissioning Market (USD Million), 2021 - 2031

In the year 2024, the Global Nuclear Power Reactor Decommissioning Market was valued at USD 3,125.72 million. The size of this market is expected to increase to USD 7,725.85 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 13.8%.

Although the Global Nuclear Power Reactor Decommissioning Market experienced moderate impacts from the COVID-19 pandemic in 2020, it has shown signs of recovery and has now returned to pre-pandemic levels. Driving this recovery are factors such as the increasing number of nuclear reactors reaching operational retirement, alongside the declining costs of renewable energy sources like wind and solar, which are becoming increasingly competitive alternatives.

However, the extension of nuclear power plant lifetimes due to supportive government policies may impede market growth. Nonetheless, nuclear phase-out policies implemented by various countries, including Germany, the United Kingdom, and South Korea, are expected to create opportunities for both domestic and foreign players to contribute their expertise to the decommissioning market.

North America is projected to emerge as the fastest-growing market for nuclear power reactor decommissioning, with the United States standing out as a significant hotspot for decommissioning activities within the region. These dynamics highlight a complex interplay of factors shaping the nuclear power reactor decommissioning market, presenting both challenges and opportunities for stakeholders in the industry.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Reactor Type
    2. Market Snapshot, By Capacity
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Nuclear Power Reactor Decommissioning Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Aging nuclear power plant fleet
        2. Increasing government regulations
        3. Growing public concern about nuclear safety
      2. Restraints
        1. High cost of decommissioning
        2. Technical challenges
        3. Lack of public acceptance
      3. Opportunities
        1. Development of new decommissioning technologies
        2. Growth of the decommissioning services market
        3. International cooperation
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry

  5. Market Segmentation
    1. Global Nuclear Power Reactor Decommissioning Market, By Reactor Type, 2021 - 2031 (USD Million)
      1. Pressurized Water Reactor
      2. Pressurized Heavy Water Reactor
      3. Boiling Water Reactor
      4. Gas Cooled Reactor
      5. Fast Breeder Reactor
      6. Other Reactors
    2. Global Nuclear Power Reactor Decommissioning Market, By Capacity, 2021 - 2031 (USD Million)
      1. Below 100 MW
      2. 100-1000 MW
      3. Above 1000 MW
    3. Global Nuclear Power Reactor Decommissioning Market, By Application, 2021 - 2031 (USD Million)
      1. Commercial Power Reactor
      2. Prototype Power Reactor
      3. Research Reactor
    4. Global Nuclear Power Reactor Decommissioning Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Babcock International Group PLC
      2. James Fisher & Sons PLC
      3. NorthStar Group Services Inc
      4. Fluor Corporation
      5. GE Hitachi Nuclear Services
      6. Studsvik AB
      7. WS Atkins Plc
      8. Enercon Services Inc.
  7. Analyst Views
  8. Future Outlook of the Market