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    Small Modular Reactors Market

    Small Modular Reactors Market by Type (Light-water Reactors, High-temperature Reactors), Coolant (Water, Liquid Lead), Deployment Mode, Fuel Type (Uranium), Application (Power Generation, Desalination) and Geography - Global Forecast to 2030

    Report ID:MROTH - 104829 Pages: 250 Jun-2024 Formats*: PDF Category: Others Delivery: 24 to 72 Hours

    The Small Modular Reactors Market is projected to reach $6.14 billion by 2030, at a CAGR of 2.4% during the forecast period of 2024 to 2030.

    The growth of this market is driven by the increasing adoption of SMRs for power generation, rising government initiatives associated with decarbonization, and growing demand for reliable and flexible nuclear power. However, the strict regulatory policies and standards for deploying SMRs restrain the growth of this market. Furthermore, the increasing focus on net zero emission and decarbonization in the energy sector is expected to create market growth opportunities. However, the lack of a standard licensing process is a major challenge for the players operating in this market. The trends in the global small modular reactors market are rising demand for clean and reliable energy sources.

    Increasing Adoption of Small Modular Reactors for Power Generation

    In power generation, small modular reactors are deployed in either single-module or multi-module power plants, which produce energy with nuclear power. The small modular reactor has greater safety performance through inherent and passive safety features and offers a lower initial capital investment, greater scalability, and siting flexibility for locations for cogeneration and non-electric applications. SMRs help generate carbon-free energy more efficiently, flexibly, and at a lower cost. Also, the SMRs help to reduce the fuel requirement for power plants. Power plants based on small modular reactors require less frequent refueling every 3 to 7 years. Conversely, conventional plants require fuel every 1 to 2 years.

    Many countries are focusing on developing small modular reactors, which help produce electricity of up to 300 MW(e) per module. For instance, in November 2021, the U.K. government announced its commitment of around USD 261.32 million (GBP 210 million) to develop the Rolls-Royce small modular reactor. Rolls-Royce intends to build a 470MWe SMR with availability to the U.K. electricity grids by the early 2030s. Thus, strong government initiatives are driving the adoption of SMRS for power generation.

    Small Modular Reactors Market

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    Key Findings in the Small Modular Reactors Market Study:

    The Light-water Reactors Segment to Register the Highest CAGR During Forecast Period

    Based on type, the ligh-water reactors segment is projected to register the highest CAGR during the forecast period. The increasing use of light-water reactors due to the higher efficiency of generating energy from water and the growing ability to serve as moderators and coolants to carry away the energy generated by nuclear fission are expected to support the growth of this segment.

    The Water Segment to Register the Highest CAGR During Forecast Period

    Based on coolant type, the water segment is projected to register the highest CAGR during the forecast period. The increasing need for water coolant to convey heat from the reactor core to the steam turbines and the growing adoption of water coolant to maintain manageable pressures within the core are expected to support the growth of this segment.

    The Marine-based Deployment Segment to Register the Highest CAGR During Forecast Period

    Based on deployment mode, the marine-based deployment segment is projected to register the highest CAGR during the forecast period. The increasing marine-based deployment to generate clean energy solutions that are safer, more affordable, mobile, and flexible and the growing demand for affordable carbon-free power are expected to support the growth of this segment.

    The Uranium Segment to Register the Highest CAGR During Forecast Period

    Based on fuel type, the uranium segment is projected to register the highest CAGR during the forecast period. The growing demand for uranium in nuclear power plants for nuclear fission and the increasing demand for uranium due to its ability to generate large-scale low-carbon baseload electricity are expected to support the growth of this segment.

    The Power Generation Segment to Register the Highest CAGR During Forecast Period

    Based on application, the power generation segment is projected to register the highest CAGR during the forecast period. The increasing use of power plants for more efficient output, portable and easy to construct, growing demand for low fuel cost, and the increasing demand for producing large amounts of carbon-free electricity are expected to support the growth of this segment.

    Asia-Pacific to be the Fastest-growing Regional Market

    In 2024, Asia-Pacific is expected to account for the largest share of the small modular reactors market, followed by Europe, North America, Latin America, and the Middle East & Africa. Also, the market in Asia-Pacific is slated to record the fastest growth rate during the forecast period. The infrastructural growth in APAC, especially in China, South Korea, Japan, and India, the rapid growth of regional economies, increasing integration of renewable energy sources with SMRs, rising government initiatives associated with decarbonization, and the rise in deployments of SMRs in the coastal, island and offshore areas contribute to the rapid growth of this regional market.

    Key Players

    The key players operating in the small modular reactors market include Brookfield Asset Management Inc. (Canada), Fluor Corporation (U.S.), General Electric Company (U.S.), Holtec International (U.S.), Mitsubishi Heavy Industries, Ltd. (Japan), Rolls-Royce plc (U.K.), Terrestrial Energy Inc. (Canada), X Energy, LLC (U.S.), Westinghouse Electric Company LLC (U.S.), Kairos Power (U.S.), TerraPower, LLC (U.S.), Toshiba Energy Systems & Solutions Corporation (Japan), ARC Clean Technology, Inc. (Canada), and Leadcold (Sweden), and General Atomics (U.S.).

    Scope of the report:

    Small Modular Reactors Market Assessment, by Type                         

    • Light-water Reactors
      • Pressurized Water Reactors
      • Boiling Water Reactors
    • Heavy-water Reactors           
    • High-temperature Reactors   
    • Fast Neutron Reactors          
    • Molten Salt Reactors 
    • Fast Breeder Reactors          

    Small Modular Reactors Market Assessment, by Coolant Type

    • Liquid Lead
    • Gases
    • Water
    • Other Coolant Types

    Small Modular Reactors Market Assessment, by Deployment Mode   

    • Land-based Deployment
    • Marine-based Deployment

    Small Modular Reactors Market Assessment, by Fuel Type     

    • Uranium
    • Other Fuel Type

    Small Modular Reactors Market Assessment, by Application               

    • Power Generation      
      • Single-module Power Plants
      • Multi-module Power Plants
    • Process Heat 
    • Desalination   
    • Other Applications

    Small Modular Reactors Market Assessment, by Geography               

    • North America
      • U.S.
      • Canada
    • Europe
      • Germany
      • U.K.
      • France
      • Italy
      • Spain
      • Sweden
      • Rest of Europe
    • Asia-Pacific    
      • Japan
      • China
      • India
      • South Korea
      • Singapore
      • Australia & New Zealand
      • Indonesia
      • Rest of Asia-Pacific
    • Latin America
      • Mexico
      • Brazil
      • Rest of Latin America
    • Middle East & Africa  
      • UAE
      • Saudi Arabia
      • Israel
      • Rest of the Middle East & Africa

    Key questions answered in the report:

    The Small Modular Reactors (SMRs) Market focuses on the design, development, and deployment of compact nuclear reactors, which offer a flexible and efficient way to generate power and provide energy solutions in various applications.

    The Small Modular Reactors Market is projected to reach a size of $6.14 billion by 2030, indicating significant growth potential driven by advancements in nuclear technology and increasing energy demands globally.

    The forecast for the Small Modular Reactors Market suggests a steady growth trajectory, with an expected compound annual growth rate (CAGR) of 2.4% from 2024 to 2030, reflecting rising adoption and investment in nuclear power.

    The Small Modular Reactors Market size is anticipated to grow to $6.14 billion by 2030, reflecting the increasing adoption of SMRs in power generation and other sectors focused on clean energy solutions.

    Notable companies in the Small Modular Reactors Market include Brookfield Asset Management, Fluor Corporation, General Electric, Rolls-Royce, Mitsubishi Heavy Industries, and Westinghouse Electric, all contributing to SMR development.

    The prevailing trend in the Small Modular Reactors Market is a growing demand for clean and reliable energy sources, driven by government initiatives, technological advancements, and increasing awareness of environmental sustainability.

    Key drivers of the Small Modular Reactors Market include rising government initiatives related to decarbonization, increased demand for reliable energy, and the flexibility and safety benefits offered by SMRs compared to traditional nuclear power plants.

    The Small Modular Reactors Market is segmented by type (light-water, pressurized, boiling-water reactors), coolant type (water, gases), deployment mode (land-based, marine), fuel type (uranium), and application (power generation, desalination).

    The global outlook for the Small Modular Reactors Market is optimistic, particularly in regions like Asia-Pacific, where infrastructural growth and government policies favor the adoption of nuclear power as a clean energy source.

    The Small Modular Reactors Market is experiencing growth due to the increasing focus on net-zero emissions and decarbonization, alongside the need for reliable and flexible energy sources amid rising energy demands globally.

    The Small Modular Reactors Market is projected to grow at a CAGR of 2.4% during the forecasting period from 2024 to 2030, reflecting ongoing investment and advancements in nuclear technology for cleaner energy solutions.

    Asia-Pacific is projected to hold the highest market share in the Small Modular Reactors Market, driven by rapid infrastructural development, government support for nuclear energy, and increasing integration of renewable energy sources.

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    Related Tag: Small Modular Reactors Market Small Modular Reactors Small Nuclear Reactor Light Water Reactors Heavy Water Reactors Multi Module Power Plants Mini Nuclear Reactor
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    1.    Market Definition & Scope
           1.1   Market Definition
           1.2   Market Ecosystem
           1.3   Currency and Limitations
                     1.3.1    Currency
                     1.3.2    Limitations
    2.    Research Methodology
           2.1    Research Approach
           2.2    Process of Data Collection and Validation
                     2.2.1    Secondary Research
                     2.2.2    Primary Research / Interviews with Key Opinion Leaders of the Industry
           2.3    Market Sizing and Forecast
                     2.3.1    Market Size Estimation Approach
                     2.3.2    Growth Forecast Approach
           2.4    Assumptions for the Study
    3.    Executive Summary    
           3.1    Market Overview
           3.2    Market Analysis, by Type
           3.3    Market Analysis, by Coolant Type
           3.4    Market Analysis, by Deployment Mode
           3.5    Market Analysis, by Fuel Type
           3.6    Market Analysis, by Application
           3.7    Market Analysis, by Geography
           3.8    Competitive Analysis
    4.    Market Insights
           4.1    Overview
           4.2    Factors Affecting Market Growth 
           4.3    Market Trend
                    4.3.1    Increasing Demand for Clean and Reliable Energy
           4.4    Case Studies    
                    4.4.1    Case Study A
                    4.4.2    Case Study B
                    4.4.3    Case Study C
           4.5    Value Chain Analysis
           4.6    Regulatory Analysis
    5.    Small Modular Reactors Market Assessment– by Type         
           5.1    Overview    
           5.2    Light-water Reactors    
                     5.2.1    Pressurized Water Reactors
                     5.2.2    Boiling Water Reactors
           5.3    Heavy-water Reactors    
           5.4    High-temperature Reactors    
           5.5    Fast Neutron Reactors    
           5.6    Molten Salt Reactors    
           5.7    Fast Breeder Reactors    
    6.    Small Modular Reactors Market Assessment–by Coolant Type    
           6.1    Overview
           6.2    Liquid Lead
           6.3    Gases
           6.4    Water
           6.5    Other Coolant Types 
    7.    Small Modular Reactors Market Assessment–by Deployment Mode    
           7.1    Overview
           7.2    Land-based Deployment
           7.3    Marine-based Deployment
    8.    Small Modular Reactors Market Assessment–by Fuel Type    
           8.1    Overview
           8.2    Uranium
           8.3    Other Fuel Type 
    9.    Small Modular Reactors Market Assessment–by Application        
           9.1    Overview    
           9.2    Power Generation    
                    9.2.1    Single-module Power Plants
                    9.2.2    Multi-module Power Plants
           9.3    Process Heat    
           9.4    Desalination    
           9.5    Other Applications
    10.    Small Modular Reactors Market Assessment–by Geography        
             10.1    North America    
                        10.1.1    U.S.
                        10.1.2    Canada
             10.2    Europe    
                        10.2.1    Germany
                        10.2.2    U.K.
                        10.2.3    France
                        10.2.4    Italy
                        10.2.5    Spain
                        10.2.6    Sweden
                        10.2.7    Rest of Europe
             10.3    Asia-Pacific    
                        10.3.1    Japan
                        10.3.2    China
                        10.3.3    India
                        10.3.4    South Korea
                        10.3.5    Singapore
                        10.3.6    Australia & New Zealand
                        10.3.7    Indonesia
                        10.3.8    Rest of Asia-Pacific
             10.4    Latin America    
                        10.4.1    Mexico
                        10.4.2    Brazil
                        10.4.3    Rest of Latin America
             10.5    Middle East & Africa    
                        10.5.1    UAE
                        10.5.2    Saudi Arabia
                        10.5.3    Israel
                        10.5.4    Rest of the Middle East & Africa 
    11.    Global Small Modular Reactors Market - Competition Analysis        
             11.1    Overview    
             11.2    Key Growth Strategies    
             11.3    Competitive Dashboard     
                        11.3.1    Industry Leader
                        11.3.2    Market Differentiators 
                        11.3.3    Vanguards
                        11.3.4    Emerging Companies
             11.4    Vendor Market Positioning    
             11.5    Market Ranking, By Key Player    
    12.    Company Profile    
             12.1    Brookfield Asset Management Inc. (Canada)
             12.2    Fluor Corporation (U.S.)
             12.3    General Electric Company (U.S.)
             12.4    Holtec International (U.S.)
             12.5    Mitsubishi Heavy Industries, Ltd. (Japan)
             12.6    Rolls-Royce plc (U.K.)
             12.7    Terrestrial Energy Inc. (Canada)
             12.8    X Energy, LLC (U.S.)
             12.9    Westinghouse Electric Company LLC (U.S.)
             12.10    Kairos Power (U.S.)
             12.11    TerraPower, LLC (U.S.)
             12.12    Toshiba Energy Systems & Solutions Corporation (Japan)
             12.13    ARC Clean Technology, Inc. (Canada)
             12.14    Leadcold (Sweden)
             12.15    General Atomics (U.S.)
    13.    Appendix
             13.1.    Available Customization
             13.2.    Related Reports

    List of Tables
    Table 1    Currency Conversion Rates (2019–2022)
    Table 2    Global Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 3    Global Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 4    Global Light-water Reactors Market, by Country/Region, 2021–2030 (USD Million)
    Table 5    Global Pressurized Water Reactors Market, by Country/Region, 2021–2030 (USD Million)
    Table 6    Global Boiling Water Reactors Market, by Country/Region, 2021–2030 (USD Million)
    Table 7    Global Heavy-water Reactors Market, by Country/Region, 2021–2030 (USD Million)
    Table 8    Global High-temperature Reactors Market, by Country/Region, 2021–2030 (USD Million)
    Table 9    Global Fast Neutron Reactors Market, by Country/Region, 2021–2030 (USD Million)
    Table 10     Global Molten Salt Reactors Market, by Country/Region, 2021–2030 (USD Million)
    Table 11     Global Fast Breeder Reactors Market, by Country/Region, 2021–2030 (USD Million)
    Table 12     Global Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 13     Global Small Modular Reactors Market for Liquid Lead, by Country/Region, 2021–2030 (USD Million) 
    Table 14     Global Small Modular Reactors Market for Gases, by Country/Region, 2021–2030 (USD Million)  
    Table 15     Global Small Modular Reactors Market for Water, by Country/Region, 2021–2030 (USD Million)  
    Table 16     Global Small Modular Reactors Market for Other Coolant Types, by Country/Region, 2021–2030 (USD Million)
    Table 17     Global Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million) 
    Table 18     Global Land-based Small Modular Reactors Market, by Country/Region, 2021–2030 (USD Million) 
    Table 19     Global Marine-based Small Modular Reactors Market, by Country/Region, 2021–2030 (USD Million)
    Table 20     Global Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 21     Global Small Modular Reactors Market for Uranium, by Country/Region, 2021–2030 (USD Million)
    Table 22     Global Small Modular Reactors Market for Other Fuel Types, by Country/Region, 2021–2030 (USD Million)
    Table 23     Global Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 24     Global Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million) 
    Table 25     Global Small Modular Reactors Market for Power Generation, by Country/Region, 2021–2030 (USD Million)
    Table 26     Global Single-module Power Plants Market, by Country/Region, 2021–2030 (USD Million)
    Table 27     Global Multi-module Power Plants Market, by Country/Region, 2021–2030 (USD Million)
    Table 28     Global Small Modular Reactors Market for Process Heat, by Country/Region, 2021–2030 (USD Million)
    Table 29     Global Small Modular Reactors Market for Desalination, by Country/Region, 2021–2030 (USD Million)
    Table 30     Global Small Modular Reactors Market for Other Applications, by Country/Region, 2021–2030 (USD Million)
    Table 31     North America: Small Modular Reactors Market, by Country, 2021–2030 (USD Million)
    Table 32     North America: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 33     North America: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 34     North America: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 35     North America: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 36     North America: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 37     North America: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 38     North America: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 39     U.S.: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 40    U.S.: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 41     U.S.: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 42     U.S.: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 43     U.S.: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 44     U.S.: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 45     U.S.: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 46     Canada: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 47     Canada: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 48     Canada: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 49     Canada: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 50     Canada: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 51     Canada: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 52     Canada: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 53     Europe: Small Modular Reactors Market, by Country/Region, 2021–2030 (USD Million)
    Table 54     Europe: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 55     Europe: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 56     Europe: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 57     Europe: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 58     Europe: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 59     Europe: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 60     Europe: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 61     Germany: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 62     Germany: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 63     Germany: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 64     Germany: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 65     Germany: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 66     Germany: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 67     Germany: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 68      U.K.: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 69      U.K.: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 70      U.K.: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 71      U.K.: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 72      U.K.: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 73      U.K.: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 74      U.K.: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 75      France: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 76      France: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 77      France: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 78      France: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 79      France: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 80      France: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 81      France: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 82      Italy: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 83      Italy: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 84      Italy: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 85      Italy: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 86      Italy: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 87      Italy: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 88      Italy: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 89      Spain: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 90      Spain: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 91      Spain: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 92      Spain: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 93      Spain: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 94      Spain: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 95      Spain: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 96      Sweden: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 97      Sweden: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 98      Sweden: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 99      Sweden: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 100    Sweden: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 101    Sweden: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 102    Sweden: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 103    Rest of Europe: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 104    Rest of Europe: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 105    Rest of Europe: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 106    Rest of Europe: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 107    Rest of Europe: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 108    Rest of Europe: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 109    Rest of Europe: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 110    Asia-Pacific: Small Modular Reactors Market, by Country/Region, 2021–2030 (USD Million)
    Table 111    Asia-Pacific: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 112    Asia-Pacific: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 113    Asia-Pacific: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 114    Asia-Pacific: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 115    Asia-Pacific: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 116    Asia-Pacific: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 117    Asia-Pacific: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 118    Japan: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 119    Japan: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 120    Japan: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 121    Japan: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 122    Japan: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 123    Japan: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 124    Japan: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 125    China: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 126    China: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 127    China: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 128    China: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 129    China: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 130    China: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 131    China: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 132    India: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 133    India: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 134    India: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 135    India: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 136    India: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 137    India: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 138    India: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 139    South Korea: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 140    South Korea: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 141    South Korea: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 142    South Korea: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 143    South Korea: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 144    South Korea: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 145    South Korea: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 146    Singapore: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 147    Singapore: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 148    Singapore: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 149    Singapore: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 150    Singapore: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 151    Singapore: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 152    Singapore: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 153    Australia & New Zealand: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 154    Australia & New Zealand: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 155    Australia & New Zealand: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 156    Australia & New Zealand: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 157    Australia & New Zealand: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 158    Australia & New Zealand: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 159    Australia & New Zealand: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 160    Indonesia: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 161    Indonesia: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 162    Indonesia: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 163    Indonesia: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 164    Indonesia: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 165    Indonesia: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 166    Indonesia: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 167    Rest of Asia-Pacific: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 168    Rest of Asia-Pacific: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 169    Rest of Asia-Pacific: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 170    Rest of Asia-Pacific: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 171    Rest of Asia-Pacific: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 172    Rest of Asia-Pacific: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 173    Rest of Asia-Pacific: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 174    Latin America: Small Modular Reactors Market, by Country/Region, 2021–2030 (USD Million)
    Table 175    Latin America: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 176    Latin America: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 177    Latin America: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 178    Latin America: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 179    Latin America: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 180    Latin America: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 181    Latin America: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 182    Mexico: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 183    Mexico: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 184    Mexico: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 185    Mexico: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 186    Mexico: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 187    Mexico: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 188    Mexico: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 189    Brazil: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 190    Brazil: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 191    Brazil: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 192    Brazil: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 193    Brazil: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 194    Brazil: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 195    Brazil: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 196    Rest of Latin America: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 197    Rest of Latin America: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 198    Rest of Latin America: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 199    Rest of Latin America: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 200    Rest of Latin America: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 201    Rest of Latin America: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 202    Rest of Latin America: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 203    Middle East & Africa: Small Modular Reactors Market, by Country/Region, 2021–2030 (USD Million)
    Table 204    Middle East & Africa: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 205    Middle East & Africa: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 206    Middle East & Africa: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 207    Middle East & Africa: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 208    Middle East & Africa: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 209    Middle East & Africa: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 210    Middle East & Africa: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 211    UAE: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 212    UAE: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 213    UAE: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 214    UAE: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 215    UAE: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 216    UAE: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 217    UAE: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 218    Saudi Arabia: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 219    Saudi Arabia: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 220    Saudi Arabia: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 221    Saudi Arabia: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 222    Saudi Arabia: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 223    Saudi Arabia: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 224    Saudi Arabia: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 225    Israel: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 226    Israel: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 227    Israel: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 228    Israel: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 229    Israel: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 230    Israel: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 231    Israel: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)
    Table 232    Rest of the Middle East & Africa: Small Modular Reactors Market, by Type, 2021–2030 (USD Million)
    Table 233    Rest of the Middle East & Africa: Light-water Reactors Market, by Type, 2021–2030 (USD Million)
    Table 234    Rest of the Middle East & Africa: Small Modular Reactors Market, by Coolant Type, 2021–2030 (USD Million)
    Table 235    Rest of the Middle East & Africa: Small Modular Reactors Market, by Deployment Mode, 2021–2030 (USD Million)
    Table 236    Rest of the Middle East & Africa: Small Modular Reactors Market, by Fuel Type, 2021–2030 (USD Million)
    Table 237    Rest of the Middle East & Africa: Small Modular Reactors Market, by Application, 2021–2030 (USD Million)
    Table 238    Rest of the Middle East & Africa: Small Modular Reactors Market for Power Generation, by Type, 2021–2030 (USD Million)

    List of Figures
    Figure 1        Market Ecosystem
    Figure 2        Key Stakeholder
    Figure 3        Research Process
    Figure 4        Key Secondary Source
    Figure 5        Primary Research Technique
    Figure 6        Key Executive Interview
    Figure 7        Breakdown of Primary Interviews (Supply Side & Demand Side)
    Figure 8        Market Sizing and Growth Forecast Approach
    Figure 9        Key Insights
    Figure 10    In 2024, the Light-water Reactors Segment Is Expected to Dominate the Global Small Modular Reactors Market
    Figure 11    In 2024, the Water Segment is Expected to Dominate the Global Small Modular Reactors Market
    Figure 12    In 2024, the Land-based Deployment Segment is Expected to Dominate the Global Small Modular Reactors Market
    Figure 13    In 2024, the Uranium Segment is Expected to Dominate the Global Small Modular Reactors Market
    Figure 14    In 2024, the Power Generation Segment is Expected to Dominate the Global Small Modular Reactors Market
    Figure 15    Global Small Modular Reactors, by Region (2024 vs. 2030)
    Figure 16    Impact Analysis of Market Dynamics
    Figure 17    Porter’s Five Forces Analysis
    Figure 18    Global Small Modular Reactors Market, By Type, 2024 Vs. 2030 (USD Million)
    Figure 19    Global Small Modular Reactors Market, By Coolant Type, 2024 Vs. 2030 (USD Million)
    Figure 20    Global Small Modular Reactors Market, By Deployment Mode, 2024 Vs. 2030 (USD Million)
    Figure 21    Global Small Modular Reactors Market, By Fuel Type, 2024 Vs. 2030 (USD Million)
    Figure 22    Global Small Modular Reactors Market, By Application, 2024 Vs. 2030 (USD Million)
    Figure 23    Global Small Modular Reactors Market, By Country/Region, 2024 Vs. 2030 (USD Million)
    Figure 24    Geographic Snapshot: Small Modular Reactors Market in North America
    Figure 25    Geographic Snapshot: Small Modular Reactors Market in Europe
    Figure 26    Geographic Snapshot: Small Modular Reactors in Asia-Pacific
    Figure 27    Geographic Snapshot: Small Modular Reactors in Latin America
    Figure 28    Geographic Snapshot: Small Modular Reactors Market in the Middle East & Africa
    Figure 29    Growth Strategies Adopted by the Key Players (2020–2024) 
    Figure 30    Competitive Dashboard: Small Modular Reactors Market
    Figure 31    Vendor Market Positioning Analysis (2020–2024)
    Figure 32    Brookfield Asset Management Inc.: Financial Overview (2022)
    Figure 33    Fluor Corporation: Financial Overview (2022) 
    Figure 34    General Electric Company: Financial Overview (2022)
    Figure 35    Mitsubishi Heavy Industries, Ltd.: Financial Overview (2022)
    Figure 36    Rolls-Royce plc: Financial Overview (2022)

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    Author Name:

    Aniket Hade, Rajdeep Bhawal

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