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Nuclear Pressurizer - Global Market Size, Competitive Landscape, Trends and Analysis to 2020
Nuclear Pressurizer - Global Market Size, Competitive Landscape, Trends and Analysis to 2020
Global Nuclear Industry Expansion to Drive Long Term Growth of the Nuclear Pressurizer Industry
Hyderabad,
AP,
India
(prbd.net)
28/12/2010
Demand from new operational nuclear power stations is set to drive the pressurizer market in the long term. There are 60 new nuclear reactors that are scheduled for commercial operations during the period 2010-2020. Additionally, more than 70 reactors are in the planning stage in different nuclear power developing countries and are expected to come online during the forecast period 2010-2020, indicating a growth in the demand for pressurizers across the globe. There will also be a significant demand for such equipment in the replacement market as many of the existing nuclear reactors will require replacement due to the completion of 25-30 years online.
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The estimated demand for reactor pressurizers in the European region is expected to reach 166 units, followed by Asia-Pacific with 94 units and the North American region with 52 units during the forecast period 2010-2020. GlobalData estimates that the European region is expected to show the highest demand for reactor pressurizers globally during the period 2010-2020.
The global estimated demand for reactor pressurizers is expected to increase from 19 units in 2010 to 26 units by the end of 2020, showing an Average Annual Growth Rate (AAGR) of 3.1%. The revenue generation for reactor pressurizers is estimated to increase to $338m by the end of 2020 compared to 2010 estimated levels of $152m, at an AAGR of 7.9%. The cumulative revenue for reactor pressurizers is estimated to reach $3,412.9m during the forecast period 2010-2020.
GlobalData's "Nuclear Pressurizer - Global Market Size, Competitive Landscape, Trends and Analysis to 2020" report is a key nuclear offering. The pressurizer controls the reactor coolant system pressure constant, actuating electrical heater, spray valve, and relief valve. The key components in the reactor coolant system include reactor pressure vessel, steam generators, reactor coolant pumps and the pressurizers. The use of Alloy 600 material for the above components results in primary water stress corrosion cracking. There is a growing demand for replacement of pressurizers around the world, where the nuclear power plant operators have realized the cost benefit of replacement over continuous restorations. Global nuclear power expansion across the globe creates a tremendous demand for installation of new pressurizers.The report provides comprehensive information on the market size of the pressurizers used in nuclear power generation facilities. The market size analysis of pressurizers in terms of volume and value are examined in the report.
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