Market Size of France Nuclear Power Reactor Decommissioning Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 4.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
France Nuclear Power Reactor Decommissioning Market Analysis
The France Nuclear Power Reactor Decommissioning Market is expected to rise at a CAGR of over 4% during the forecast period.
COVID-19 negatively impacted the market in 2020. Presently the market has reached pre-pandemic levels.
- Over the medium term, the increasing age of existing nuclear power plants and many power plants reaching retirement age in the country is expected to drive the market during the forecasted period.
- On the other hand, the high cost of decommissioning plants is the major restraint expected to hinder the market's growth during the forecasted period.
- Nevertheless, the French government's strategy of reducing the energy generated through nuclear energy and increasing the share of renewable energy is expected to create significant opportunities for the France Nuclear Power Reactor Decommissioning Market.
France Nuclear Power Reactor Decommissioning Industry Segmentation
Decommissioning nuclear power plants are the process of removing all the fuel in that nuclear power station. Shutting down the plans and all the facilities and restoring the site to a pre-agreed state so the land can be reutilized for other activities. The dismantling is done to the extent that no more protection is required against the radiation.
The France Nuclear Power Reactor Decommissioning Market is segmented by Reactor Type, Application, and Capacity. By reactor type, the market is segmented into Pressurized Water Reactor, Pressurized Heavy Water Reactor, Boiling Water Reactor, High-temperature Gas-cooled Reactor, Liquid Metal Fast Breeder Reactor, and Other Reactor Types. By Application, the market is segmented into Commercial Power Reactors, Prototype Power Reactors, and Research reactors. By Capacity, the market is segmented below 100 MW, 100-1000 MW, and above 1000 MW. For each segment, the market sizing and forecasts have been done based on revenue (value in USD billion).
| Reactor Type | |
| Pressurized Water Reactor | |
| Pressurized Heavy Water Reactor | |
| Boiling Water Reactor | |
| High-temperature Gas-cooled Reactor | |
| Liquid Metal Fast Breeder Reactor | |
| Other Reactor Types |
| Application | |
| Commercial Power Reactor | |
| Prototype Power Reactor | |
| Research Reactor |
| Capacity | |
| Below 100 MW | |
| 100-1000 MW | |
| Above 1000 MW |
France Nuclear Power Reactor Decommissioning Market Size Summary
The France Nuclear Power Reactor Decommissioning Market is poised for growth, driven by the aging infrastructure of nuclear power plants and the impending retirement of many facilities. Despite the high costs associated with decommissioning, the market is expected to benefit from the French government's strategic shift towards reducing nuclear energy reliance and enhancing renewable energy sources. This transition is part of France's broader energy policy, which aims to increase the share of renewables in the national energy mix, thereby creating opportunities for decommissioning activities. The commercial nuclear reactors, which dominate the French nuclear landscape, are anticipated to lead the market during the forecast period as several reactors are already in the decommissioning phase.
France's commitment to renewable energy is evident in its national energy and climate plans, which set ambitious targets for increasing renewable energy capacity, particularly in wind and solar power. The government's multi-year energy plan and recent tenders for renewable projects underscore the country's focus on transitioning to cleaner energy sources. This shift is expected to drive the decommissioning market as older nuclear facilities are retired to make way for new renewable projects. The market is moderately consolidated, with key players like Veolia Environnement SA, Orano Group, and Electricite de France SA (EDF) playing significant roles. Legislative efforts to streamline nuclear projects and the addition of new reactors further highlight the dynamic nature of the market, balancing decommissioning needs with ongoing energy transition goals.
France Nuclear Power Reactor Decommissioning Market Size - Table of Contents
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1. MARKET OVERVIEW
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1.1 Introduction
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1.2 Market Size and Demand Forecast in USD billion, till 2028
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1.3 Recent Trends and Developments
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1.4 Government Policies and Regulations
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1.5 Market Dynamics
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1.5.1 Drivers
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1.5.2 Restraints
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1.6 Supply Chain Analysis
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1.7 PESTLE Analysis
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2. MARKET SEGMENTATION
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2.1 Reactor Type
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2.1.1 Pressurized Water Reactor
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2.1.2 Pressurized Heavy Water Reactor
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2.1.3 Boiling Water Reactor
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2.1.4 High-temperature Gas-cooled Reactor
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2.1.5 Liquid Metal Fast Breeder Reactor
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2.1.6 Other Reactor Types
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2.2 Application
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2.2.1 Commercial Power Reactor
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2.2.2 Prototype Power Reactor
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2.2.3 Research Reactor
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2.3 Capacity
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2.3.1 Below 100 MW
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2.3.2 100-1000 MW
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2.3.3 Above 1000 MW
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France Nuclear Power Reactor Decommissioning Market Size FAQs
What is the current France Nuclear Power Reactor Decommissioning Market size?
The France Nuclear Power Reactor Decommissioning Market is projected to register a CAGR of greater than 4% during the forecast period (2024-2029)
Who are the key players in France Nuclear Power Reactor Decommissioning Market?
Veolia Environnement SA, Orano Group, Electricite de France SA (EDF), Assystem SA and French Alternative Energies and Atomic Energy Commission (CEA) are the major companies operating in the France Nuclear Power Reactor Decommissioning Market.
