Small Modular Reactor Market Worth $11.3 Billion by 2026 - Exclusive Report by MarketsandMarkets™
CHICAGO, Sept. 3, 2021 /PRNewswire/ -- According to the new market research report " Small Modular Reactor Market by Reactor (HWR, LWR, HTR, FNR, MSR), Deployment (Single, Multi), Connectivity (Grid, Off-grid), Location (Land, Marine), Application (Power Generation, Desalination, Process Heat), and Region - Global Forecast to 2026", published by MarketsandMarkets, the Small Modular Reactor Market is projected to reach USD 11.3 billion by 2026.
- CHICAGO, Sept. 3, 2021 /PRNewswire/ -- According to the new market research report " Small Modular Reactor Market by Reactor (HWR, LWR, HTR, FNR, MSR), Deployment (Single, Multi), Connectivity (Grid, Off-grid), Location (Land, Marine), Application (Power Generation, Desalination, Process Heat), and Region - Global Forecast to 2026", published by MarketsandMarkets, the Small Modular Reactor Market is projected to reach USD 11.3 billion by 2026.
- The Small Modular Reactor Market size will grow to USD 11.3 billion by 2026 (forecasted year) from USD 9.7 billion in 2021 (estimated year), at a CAGR of 3.2% during the forecast period.
- The Small Modular Reactor Market has promising growth potential due to the low cost of SMRs due to modularization and factory construction.
- The light-water reactor segment is expected to dominate the small modular market, by reactor type, during the forecast period.