Global Nuclear Energy Services Market Size, Share, Opportunities and Trends, By Service Type (Engineering Services, Consulting Services, Safety Analysis Services, Others), By End User (Commercial and Industrial) and By Geography - Forecasts From 2025 To 2030
- Published : May 2025
- Report Code : KSI061614029
- Pages : 140
Nuclear Energy Services Market Size:
The Global Nuclear Energy Services Market is expected to grow from US$8.330 billion in 2025 to US$10.610 billion in 2030, at a CAGR of 4.96%.
The nuclear energy services market consists of developing regulatory frameworks, strategic recommendations, improvement in the operating model and entire nuclear energy value chain. The market is expected to witness a significant growth of CAGR x% owing to the increase in the developments of nuclear power plants across the world. With increasing environmental concerns, a significant shift towards renewable resources has been witnessed and thus a rapid increase in its demand. The nuclear energy services vary on the basis of regions. For instance, the regions like Asia, Middle East, and Eastern Europe where the industry is still in initial stages, the services provided there includes, helping owners to attract investors, develop nuclear portfolios and complete a project under budget and on time. Similarly, for the regions like North America, Western Europe, and other regions where the industries have developed to a certain level, the major services provided are operation of assets safely, reducing operational expenditure and plan & execute decommissioning. The services are an essential part for a better and more efficient operation of nuclear energy power plants.
These services help the nuclear power plants make informed decisions about the operational and business aspect of the plant. The services also varies from provider to provider. The package offered by some providers include some selected services whereas some do not have a package at all. The market is fuelled by rapid developments in the nuclear energy sector. According to the International Energy Agency (IEA), the global nuclear capacity has witnessed a steady growth during the years from 398 GW in 2014 to 443 GW in 2021. The organization predicts that if the projects that are under development still are completed according to the planned constructions, the capacity is expected to witness a significant rise in the coming years. For instance, according to the International Energy Agency, the two OECD countries with most capacity under development are Korea and United Kingdom with 6GW and 3.4 GW under construction respectively. Moreover, the construction of newer nuclear power plants is under construction and on schedule in the United Arab Emirates (UAE). The Hinkley Point C is the largest project that is under construction in the United Kingdom and the first for the country after 1995.
Nuclear Energy Services Market Segmentation Analysis:
The segmentation of the renewable drones market has been done into service type and geography. By service type, the classification of the market has been done into engineering services. Consulting services, safety analysis services and others. Furthermore, on the basis of geography, the global market has been distributed as North America, South America, Europe, Middle East and Africa, and the Asia Pacific.
Nuclear Energy Services Market Drivers:
- Rise in the development of nuclear power plants in developing countries
The market for the nuclear energy services is expected to witness a rapid increase owing to the development of nuclear power plants in developing countries. According to the IEA, there are a number of nuclear power plants under in the development phase in countries like, Uzbekistan, Saudi Arabia, Poland, Kazakhstan, India, Hungary, Finland, Egypt, Czech Republic, Argentina, Brazil and Bulgaria. It has been reported that these projects are large reactor projects which means > 1 GW. Taking into consideration the immense power generated by these plants after they are complete, the global nuclear capacity is expected to increase by at least 30 GW. With such a rate of developments in the sector, the market for the nuclear energy services is expected to witness a significant growth in the coming years.
- Diversification in the nuclear energy services required slows down the growth of the market
The rapid diversification in the nuclear energy services required by the operators does not give the service providers the time to develop the services according to the need of the market. The industry is still in the initial phases of development with a significant rate of dynamism and thus, it takes some time to develop and build the types of services required by the operators and the owners. Apart from the basic services like regulation framework planning and deadline & budget keeper, the demand for services like, BWR services, Probabilistic Risk Assessment for Nuclear Plants, Steam Turbine/Generator Integrity and Maintenance Services has risen over the years. With such a rapid diversification in the services required, the players in the market will be required to modify their offerings at a similar pace to fulfil the increasing demands.
Nuclear Energy Services Market Competitive Insights:
The players in the global power rental market are implementing various growth strategies to gain a competitive advantage over their competitors in this market. Major market players in the market have been covered along with their relative competitive strategies and the report also mentions recent deals and investments of different market players over the last few years. The company profiles section details the business overview, financial performance (public companies) for the past few years, key products and services being offered along with the recent deals and investments of these important players in the market.
Nuclear Energy Services Market Scope:
Report Metric | Details |
Nuclear Energy Services Market Size in 2025 | US$8.330 billion |
Nuclear Energy Services Market Size in 2030 | US$10.610 billion |
Growth Rate | CAGR of 4.96% |
Study Period | 2020 to 2030 |
Historical Data | 2020 to 2023 |
Base Year | 2024 |
Forecast Period | 2025 – 2030 |
Forecast Unit (Value) | USD Billion |
Segmentation |
|
Geographical Segmentation | North America, South America, Europe, Middle East and Africa, Asia Pacific |
List of Major Companies in Nuclear Energy Services Market |
|
Customization Scope | Free report customization with purchase |
The nuclear energy services market is analyzed into the following segments:
- By Service Type
- Engineering services
- Consulting services
- Safety analysis services
- Others
- By End-User
- Commercial
- Industrial
- By Geography
- North America
- USA
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Others
- Europe
- Germany
- France
- UK
- Others
- Middle East and Africa
- Saudi Arabia
- UAE
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Others
- North America
Frequently Asked Questions (FAQs)
The nuclear energy services market is expected to reach a total market size of US$10.610 billion by 2030.
Nuclear Energy Services Market is valued at US$8.330 billion in 2025.
The nuclear energy services market is expected to grow at a CAGR of 4.96% during the forecast period.
The North American region is anticipated to hold a significant share of the nuclear energy services market.
2024 has been taken as the base year in the nuclear energy services market.
1. Introduction
1.1. Market Definition
1.2. Market Segmentation
2. Research Methodology
2.1. Research Data
2.2. Assumptions
3. Executive Summary
3.1. Research Highlights
4. Market Dynamics
4.1. Market Drivers
4.2. Market Restraints
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of End-Users
4.3.2. Bargaining Power of Buyers
4.3.3. Threat of New Entrants
4.3.4. Threat of Substitutes
4.3.5. Competitive Rivalry in the Industry
4.4. Industry Value Chain Analysis
5. Global Nuclear Energy Services Market, by Service Type
5.1. Introduction
5.2. Engineering and Procurement Services
5.3. Consulting and Advisory Services
5.4. Operations & Maintenance (O&M) Services
5.5. Safety & Environmental Services
5.6. Decommissioning & Waste Management Services
5.7. Others
6. Global Nuclear Energy Services Market, by Application
6.1. Introduction
6.2. Boiling Water Reactor (BWR) Services
6.3. Pressurized Water Reactor (PWR) Services
6.4. Probabilistic Risk Assessment (PRA)
6.5. Control Systems and Digitalization
6.6. Turbine/Generator Maintenance
7. Global Nuclear Energy Services Market, by End-User
7.1. Introduction
7.2. Nuclear Power Utilities
7.3. Government and Regulatory Bodies
7.4. Research and Academic Institutes
7.5. Industrial Users
8. Global Nuclear Energy Services Market, by Geography
8.1. Introduction
8.2. North America
8.2.1. By Service Type
8.2.2. By End-User
8.2.3. By Country
8.2.3.1. USA
8.2.3.2. Canada
8.2.3.3. Mexico
8.3. South America
8.3.1. By Service Type
8.3.2. By End-User
8.3.3. By Country
8.3.3.1. Brazil
8.3.3.2. Argentina
8.3.3.3. Others
8.4. Europe
8.4.1. By Service Type
8.4.2. By End-User
8.4.3. By Country
8.4.3.1. Germany
8.4.3.2. France
8.4.3.3. UK
8.4.3.4. Others
8.5. Middle East and Africa
8.5.1. By Service Type
8.5.2. By End-User
8.5.3. By Country
8.5.3.1. Saudi Arabia
8.5.3.2. UAE
8.5.3.3. Others
8.6. Asia Pacific
8.6.1. By Service Type
8.6.2. By End-User
8.6.3. By Country
8.6.3.1. China
8.6.3.2. India
8.6.3.3. Japan
8.6.3.4. South Korea
8.6.3.5. Others
9. Competitive Landscape
9.1. Major Players and Strategy Analysis
9.2. Emerging Players and Market Lucrativeness
9.3. Mergers, Acquisitions, Agreements, and Collaborations
9.4. Vendor Competitiveness Matrix
10. Company Profiles
10.1. Intertek Group plc
10.2. General Electric Company
10.3. Fortum Oyj
10.4. TWI Ltd.
10.5. Toshiba Energy Systems & Solutions Corporation
10.6. EnergySolutions LLC
10.7. BHI Energy Inc.
10.8. VTT Technical Research Centre of Finland
10.9. Westinghouse Electric Company LLC
10.10. Électricité de France S.A. (EDF)
10.11. Rosatom State Atomic Energy Corporation
10.12. Orano SA
10.13. China National Nuclear Corporation
Intertek Group plc
General Electric Company
Fortum Oyj
TWI Ltd.
Toshiba Energy Systems & Solutions Corporation
EnergySolutions LLC
BHI Energy Inc.
VTT Technical Research Centre of Finland
Westinghouse Electric Company LLC
Électricité de France S.A. (EDF)
Rosatom State Atomic Energy Corporation
Orano SA
China National Nuclear Corporation
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