Report Code: A14860 | Pages: NA | Mar 2023 | 1265 Views | ||
Author(s) : NA | Tables: NA | Charts: NA |
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Pandemic disrupted the entire world and affected many industries.
Get detailed COVID-19 impact analysis on the Nuclear Turbine Generators Market
Request Now !Nuclear turbine generator helps in creating clear, safe and dependable power reliably, to fulfill the global need for power supply. Nuclear energy is created with the help of nuclear reaction that produces heat, and which is subsequently utilized in steam turbines in the production of electricity in nuclear power stations. Turbine generators are significant equipment in the nuclear power station, and the fundamental component include high-pressure turbines, low-pressure turbines, and a generator. Steam produced by steam generators is shipped off the high-pressure turbines and afterward onto the low-pressure turbines. A shaft in the turbines is associated with the generator. This generator is converting the mechanical energy into electrical energy. Nuclear energy is a safe, reliable, clean, and advanced energy source. The power created from nuclear energy is practically liberated from any ozone harming substance discharges, aside from the indirect emission related to mining, development, decommissioning, and fuel manufacture of the nuclear power plant, and removal of the waste. Additionally, nuclear power stations are baseload power plants that produce a dependable power to reliably fulfill the global need for energy.
.Market Scope and Structure Analysis
Report Metric | Details |
Market Size Available for Years |  2020–2030 |
 Base Year Considered |  2020 |
 Forecast Period |  2021–2030 |
 Forecast Unit |  Value (USD) |
 Segments Covered | Technology, Application, End User, and Region |
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COVID-19 Impact analysis
Top Impacting Factors
Significant benefits of nuclear turbine generators include dependability, security, and a perfect source of energy when compared with ordinary energy resources. These factors have contributed to the development and growth of the global nuclear turbine generator market. The establishment of a few new reactors to meet energy needs during the forecasted time period is probably going to be a driver for the growth of the nuclear turbine generator market. Demand from new and upcoming power generator stations is expected to additional improve the market for nuclear turbine generators. The rapid expansion in fossil fuel costs because of consumption and shortage of non-renewable resources is expected to expand the global nuclear turbine generator demand. Nuclear generators are expected to observe an increment demand owing to the formation of a potential undiscovered reseller’s market. Another positive driver for the market is the global awareness towards decrease and guideline of environmental change which is additionally liable for decrease utilization of conventional fuels. However, stress corrosion breaking and related expenses because of steam generation are probably going to hamper the market development. Nuclear garbage removal is additionally a hindrance to the growth of the nuclear turbine generator market.
Market Trends
Key Benefits of the Report
Nuclear Turbine Generators Market Report Highlights
Aspects | Details |
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By Technology |
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By Region |
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Key Market Players | Toshiba Corporation, The Babcock and Wilcox Company, OJSC Power Machines, Mitsubishi Heavy Industries Ltd. (MHI), Hitachi Ltd, General Electric,, Doosan Heavy Industries and Construction Ltd, Bharat Heavy Electricals Limited (BHEL), Westinghouse Electric Company LLC.,, Alstom Power. |
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