Latin America Nuclear Power Plant Equipment Market Size & Outlook
The nuclear power plant equipment market in Latin America is expected to reach a projected revenue of US$ 2.4 million by 2033. A compound annual growth rate of 2.8% is expected of Latin America nuclear power plant equipment market from 2026 to 2033.
Revenue, 2025 (US$M)
$1.9
Forecast, 2033 (US$M)
$2.4
CAGR, 2026 - 2033
2.8%
Report Coverage
Latin America
Latin America nuclear power plant equipment market highlights
- The Latin America nuclear power plant equipment market generated a revenue of USD 1,788.8 million in 2023.
- The market is expected to grow at a CAGR of 2.9% from 2024 to 2030.
- In terms of segment, island equipment was the largest revenue generating carrier type in 2023.
- Island Equipment is the most lucrative carrier type segment registering the fastest growth during the forecast period.
Latin America data book summary
| Market revenue in 2023 | USD 1,788.8 million |
| Market revenue in 2030 | USD 2,185.5 million |
| Growth rate | 2.9% (CAGR from 2024 to 2030) |
| Largest segment | Island equipment |
| Fastest growing segment | Island Equipment |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Island Equipment |
| Key market players worldwide | BWX Technologies, Alstom SA, Dongfang Electric Corp Ltd Class H, Doosan Group, GE Hitachi Nuclear Energy, Shanghai Electric Group Co Ltd Class H, NuScale Power, X-energy, EDF Energy, AVEVA |
Other key industry trends
- In terms of revenue, Latin America region accounted for 8.6% of the global nuclear power plant equipment market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 9,427.3 million by 2030.
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Nuclear Power Plant Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| AVEVA | View profile | 5001-10000 | Cambridge, Cambridgeshire, United Kingdom, Europe | http://aveva.com |
| EDF Energy | View profile | 10001+ | London, England, United Kingdom, Europe | http://www.edfenergy.com |
| Doosan Group | View profile | 1001-5000 | Seoul, Seoul-t'ukpyolsi, South Korea, Asia | http://www.doosan.com |
| X-energy | View profile | 251-500 | Rockville, Maryland, United States, North America | https://x-energy.com/ |
| GE Hitachi Nuclear Energy | View profile | 1-10 | Wilmington, North Carolina, United States, North America | https://nuclear.gepower.com/ |
| BWX Technologies | View profile | 5001-10000 | Charlotte, North Carolina, United States, North America | http://www.bwxt.com/ |
| NuScale Power | View profile | 501-1000 | Corvallis, Oregon, United States, North America | http://www.nuscalepower.com |
| Dongfang Electric Corp Ltd Class H | View profile | 17426 | 18 Xixin Road, High-Tech District (Western District), Sichuan Province, Chengdu, China, People's Republic of, 611731 | http://www.dec-ltd.cn |
| Alstom SA | View profile | 84748 | 48, Rue Albert Dhalenne, Saint-Ouen-sur-Seine, Paris, France, 93400 | https://www.alstom.com |
| Shanghai Electric Group Co Ltd Class H | View profile | 42190 | No. 110 Sichuan Middle Road, Huangpu District, Shanghai, China, People's Republic of, 200002 | https://www.shanghai-electric.com |
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