Global Small Modular Reactor Market Size & Outlook
Global small modular reactor market, 2018-2030 (US$M)
Global small modular reactor market highlights
- The global small modular reactor market generated a revenue of USD 6,136.2 million in 2023 and is expected to reach USD 7,691.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 3.3% by 2030.
- In terms of segment, heavy water reactors accounted for a revenue of USD 6,136.2 million in 2023.
- Heavy Water Reactors is the most lucrative product segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 6,136.2 million |
| Market revenue in 2030 | USD 7,691.5 million |
| Growth rate | 3.3% (CAGR from 2023 to 2030) |
| Largest segment | Heavy water reactors |
| Fastest growing segment | Heavy Water Reactors |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Heavy Water Reactors |
Other key industry trends
- In terms of revenue, the North America accounted for 25.5% of the global small modular reactor market in 2023.
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Small Modular Reactor Market Scope
Small Modular Reactor Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| General Atomics | View profile | 10001+ | San Diego, California, United States, North America | http://www.ga.com |
| Terrestrial Energy | View profile | 51-100 | Oakville, Ontario, Canada, North America | http://terrestrialenergy.com/ |
| USNC | View profile | 101-250 | Seattle, Washington, United States, North America | https://usnc.com/company.html |
| Moltex Energy | View profile | 11-50 | Saint John, New Brunswick, Canada, North America | https://www.moltexenergy.com/ |
| X-energy | View profile | 251-500 | Rockville, Maryland, United States, North America | https://x-energy.com/ |
| Westinghouse Electric Company | View profile | 5001-10000 | Cranberry, Pennsylvania, United States, North America | http://www.westinghousenuclear.com |
| Rolls-Royce Holdings PLC | View profile | 41810 | 90 York Way, Kings Place, London, United Kingdom, N1 9FX | https://www.rolls-royce.com |
| Fluor Corp | View profile | 30187 | 6700 Las Colinas Boulevard, Irving, TX, United States, 75039 | https://www.fluor.com |
| Brookfield Asset Management Ltd Ordinary Shares - Class A | View profile | 2400 | 181 Bay Street, Suite 100, Brookfield Place, Toronto, ON, Canada, M5H 2T3 | https://www.brookfield.com |
| GE Aerospace | View profile | 125000 | One Financial Center, Suite 3700, Boston, MA, United States, 02111 | https://www.geaerospace.com |
Global small modular reactor market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to small modular reactor market will help companies and investors design strategic landscapes.
Heavy water reactors was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global small modular reactor market based on heavy water reactors covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Small Modular Reactor Product Outlook (Revenue, USD Million, 2018-2030)
- Heavy Water Reactors
- Light Water Reactors
- High-temperature Reactors
- Others
- Global Small Modular Reactor Application Outlook (Revenue, USD Million, 2018-2030)
- Power Generation
- Desalination
- Industrial
- Hydrogen Production
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Our clientele includes a mix of small modular reactor market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of global-level data and insights on the Global small modular reactor market , including forecasts for subscribers. This global databook contains high-level insights into Global small modular reactor market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global small modular reactor market size, by regions, 2018-2030 (US$M)
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