Emerging Nuclear Power Countries - Market Analysis and Forecasts to 2020

London, United Kingdom (PressExposure) November 17, 2009 -- The European region stands at the number one spot in terms of the market value of nuclear power amongst the emerging nuclear countries. The region accounts for more than one-third of the total value of the emerging nuclear power market during the period 2010-30. The higher market value of the region is due to the plans to develop many large sized nuclear power plants in countries such as Italy and Poland to cater to their growing power needs.

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The Middle East and African region has the highest number of countries that are currently planning to develop nuclear power programs during the period 2010-30 despite its vast oil and gas reserves. The region has more than 10 countries that have definite plans and timelines for nuclear power development compared to eight in the Asia-Pacific region and five in the European region. This clearly indicates the huge investment potential for various players in the nuclear industry in this region.

The global installed nuclear capacity will increase by more than 35 Giga Watts by 2030. The majority of this additional capacity is expected to come from the emerging nuclear power countries. These countries together are expected to add more than 60 reactors to the current global operable fleet of 436 reactors during the period 2010-30.

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Meeting the growing demand for power and ensuring energy security are the key reasons for the establishment of nuclear power by the emerging nuclear power countries in the Asia-Pacific region whilst most of the countries in the Middle East and African region are looking forward to developing nuclear power for desalination and strategic purposes. Countries such as the UAE and Algeria are looking forward to nuclear power to reserve their oil and gas resources as strategic commodities. The majority of the developed nations in the European region are seeking nuclear power to reduce their carbon emissions.

GlobalData’s new report, “Emerging Nuclear Power Countries: Market Analysis and Forecasts to 2020” is the latest research from GlobalData. The report tracks the nuclear expansion plans of more than 20 countries across the global nuclear industry, with an analysis of its market size during the period 2010-30. This report provides an in-depth analysis of the emerging nuclear power countries globally. The emerging nuclear power countries will drive the global nuclear industry growth in the years ahead.

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http://www.global-market-research-data.com/Report.aspx?ID=Emerging-Nuclear-Power-Countries-Market-Analysis-and-Forecasts-to-2020

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Press Release Submitted On: November 17, 2009 at 3:34 am
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