• The United States Nuclear Reactor Construction market size was valued at US$ 3.23 billion in 2024 and is projected to reach US$ 4.56 billion by 2030, at a CAGR of 5.9% during the forecast period 2024-2030.
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• The US Nuclear Reactor Construction market is experiencing moderate growth, driven by the need for low-carbon baseload power, government support for nuclear energy, and advancements in reactor technologies. In 2023, there were 2 new reactor units under construction, with small modular reactors (SMRs) accounting for 30% of future project pipeline value. The market saw a 15% increase in investments in advanced reactor designs in 2023, particularly for Generation IV concepts. Refurbishment and life extension projects for existing reactors are growing at 8% annually. The market is witnessing a trend towards passive safety systems, with a 25% year-over-year increase in adoption of gravity-driven cooling mechanisms. Interest in microreactors for remote and military applications grew by 40% in 2023. Major nuclear engineering firms are focusing on developing standardized, modular construction techniques, with a 30% increase in R&D investments for reducing construction times and costs. The industry is also seeing increased collaboration with the renewable energy sector, with a 35% rise in projects exploring nuclear-renewable hybrid energy systems.
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• Boiling Water Reactors (BWR)
• Pressurized Water Reactors (PWR)
• Others
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