Select license type

Please Select Linenece Type

Key Benefits

  • Consult directly with our domain leaders and get expert advice regarding the upcoming market.
  • Get the latest market insights and forecasts backed up by powerful research and statistical analysis
  • Customize the report as per your requirements and area of focus to avail great benefits for your business.
Market Research Report

Global Nuclear Reactor Coolant Pumps Market By Application (Generating Electricity & Propelling Aircraft Carriers), By Reactor Type (Pressurized, Boiling, Gas-Cooled, & Fast Neutron Reactor), By Component Type (Flywheel, Auxiliary Systems, & Impeller), and By Region With Forecast to 2024

Published On : 2018-02-26 Report Page : 310 Category: Energy Resources

Global Nuclear Reactor Coolant Pumps Market 

Market Overview

Globally, there are more than 440 operational nuclear reactors with a combined 386 gigawatt capacity in 30 countries. Further, it is also projected that nuclear power will have to double by 2050 across the glove to meet the energy needs of exponentially growing global population, which is expected to grow to 10 billion in the same time period. Many countries are developing their nuclear programs to expand the nuclear energy capacity in mid of growing energy demand. Nuclear markets are shifting from the United States and Western Europe to Asia, South America and Eastern and Central Europe, which is likely to drive the major demand for the nuclear coolant pumps across the globe. Moreover, demand for coolant pumps for replacement and refurbishment of nuclear reactors in North America and Western Europe is projected to drive the demand for nuclear reactor coolant pumps in these regions.

Goldstein Research analyst forecast the global nuclear reactor coolant pumps market to expand at a CAGR of 15.3% during the forecast period 2016-2024. The demand for coolant pumps in nuclear power plants and reactors around the world reached USD 1.8 billion in 2016, which is likely to reach USD 5.6 billion by the end of the forecast period. 

Covered in this global nuclear reactor coolant pumps market report

The report covers the present ground scenario and the future growth prospects of the nuclear reactor coolant pumps market for 2016-2024 along with the total revenue of nuclear reactor coolant pumps industry in every region. We calculated the market size and revenue share on the basis of revenue generated per segment, regional and country level. The revenue forecast is given on the basis of number of nuclear reactor coolant pumps manufacturers and current growth rate of the market.

Global Nuclear Reactor Coolant Pumps Market Segmentation

By Component Type

  • Electric Motors
  • Impeller
  • Shaft (Rotor)
  • Shaft Seal Package
  • Bearings
  • Flywheel
  • Auxiliary Systems

By Reactor Type

  • Pressurized Water Reactor
  • Boiling Water Reactor
  • Pressurized Heavy Water Reactor
  • Gas-cooled Reactor
  • Light water Graphite Reactor
  • Fast Neutron Reactor

By Applications

  • Generating Electricity
  • Propelling Aircraft Carriers
  • Propelling Nuclear Submarines

By Geography

  • North America (US, Canada) {Market Share (%), Market Size (USD Billion)}
  • Europe (UK, France, Italy, Germany, Spain, Hungary, Sweden, Russia, Poland and Rest of Europe) {Market Share (%), Market Size (USD Billion)}
  • Middle East and Africa (GCC Countries, North Africa, South Africa and Rest of Middle East & Africa) {Market Share (%), Market Size (USD Billion)}
  • Latin America (Brazil, Mexico and Rest of Latin America) {Market Share (%), Market Size (USD Billion)}
  • Asia Pacific (China, Japan, India, Singapore, South Korea, Australia, New Zealand and Rest of Asia-Pacific) {Market Share (%), Market Size (USD Billion)}

Based on reactor type, pressurized water reactors accounted for the largest revenue of more than 50% in global nuclear reactor coolant pumps market in 2016. Moreover, pressurized water reactors are likely to dominate the market over the forecast period owing to major demand for replacement in existing nuclear reactors and installation of new products in under construction projects majorly in Asia.

Global Nuclear Reactor Coolant Pumps Market Outlook 2016-2024, has been prepared based on an in-depth market analysis from industry experts. The report covers the competitive landscape and current position of major players in the global nuclear reactor coolant pumps market. The report also includes porter’s five force model, SWOT analysis, company profiling, business strategies of market players and their business models. Global nuclear reactor coolant pumps market report also recognizes value chain analysis to understand the cost differentiation to provide competitive advantage to the existing and new entry players.

Our global nuclear reactor coolant pumps market report comprises of the following companies as the key players in the global nuclear reactor coolant pumps market: Areva, SPX Corporation, KSB Pumps, Weir Group PLC, CNNC, Rosatom, Westinghouse Electric Company, CGN, Hitachi GE Nuclear Energy, Mitsubishi Heavy Industries, Andritz AG, Dongfang Electric Corporation, Ebara Corporation, Flowserve Corporation, Curtiss-Wright Corporation, Shanghai Electric Group Company Limited and Sulzer AG.

According to our global nuclear reactor coolant pumps market study on the basis of extensive primary and secondary research, one major driver in the market is growing demand for electricity across the globe.  The overall demand for energy is set to continue to expand, as rising prosperity in fast-growing emerging economies lifts billions of people from low incomes.

According to the report, major opportunity in global nuclear reactor coolant pumps market is planned and under construction nuclear reactor projects majorly in developing countries. For instance, in Asia Chin and India alone have around 30 under construction and more than 60 planned projects which is likely to create huge demand for nuclear reactor coolant pumps in coming years

Further, the report states that one challenge in global nuclear reactor coolant pumps market is generation of nuclear waste and catastrophic accidents at nuclear power plants. Owing to harmful and disastrous effect of radioactive waste nuclear power plants are facing major challenge for ongoing and planned projects. For instance, in 2011 German government vowed to shut down its nuclear capability within next 10 years and to replace it with renewable energy.

Geographically, Europe region accounted for the largest market share of 40% revenue in global nuclear reactor coolant pumps market owing to presence of more than 180 operational nuclear reactors in the region. Europe is closely followed by the Asia pacific region, which occupied about 29% of the market share owing to presence of significant number of nuclear reactors in the region. Central Europe, South America and Asia provide the immense potential for the market growth owing to aggressive persuasion for nuclear power generation. 

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

For a full detailed overview, send us the sample request.

Key questions answered in this global nuclear reactor coolant pumps market report

  • What is the total market size by 2024 and what would be the expected growth rate of sales?
  • What is the total revenue per segment and region in 2015-16 and what would be the expected revenue per segment and region over the forecast period?
  • What are the key market trends?
  • What are the factors which are driving this market?
  • What are the major barriers to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities for the existing and entry level players?
  • What are the recent developments and business strategy of the key players?

We can provide two hour complimentary interaction with our analyst after the purchase of this market report. Details are imparted within the report.


A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements


Global Nuclear Reactor Coolant Pumps Market By Application (Generating Electricity & Propelling Aircraft Carriers), By Reactor Type (Pressurized, Boiling, Gas-Cooled, & Fast Neutron Reactor), By Component Type (Flywheel, Auxiliary Systems, & Impeller), and By Region With Forecast to 2024

A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements

OR Call Us:+1-646-568-7747

A complementary 2hrs free facility through which report buyers can interact with our pool of experienced analysts for any report related queries, clarifications or additional data requirements