The global Small Modular Reactors (SMRs) Market was valued at USD 3616 million in 2022 and is anticipated to reach USD 8975 million by 2029, witnessing a CAGR of 13.82% during the forecast period 2023-2029.
The market for small modular reactors (SMRs) is expanding primarily due to the need for clean, dependable energy on a worldwide scale. With limited resources and environmental concerns, conventional energy sources are coming under more scrutiny. SMRs, on the other hand, provide a viable way to fulfill growing energy demand while cutting carbon emissions. Additionally, distributed energy generation is made possible by the modular design of SMRs, which improves energy security by decentralizing power production. When it comes to flexibility and scalability, SMRs are superior to traditional nuclear reactors. Because of its modular architecture, which enables gradual capacity increase, it may be used in a variety of settings, such as industrial complexes, distant areas, and backup power supplies. Because of their versatility, SMRs are a desirable choice for nations and sectors looking for specialised solutions to match their unique energy needs.
In the energy industry, cost is a major factor, and SMRs are becoming more popular because of their potential cost competitiveness. Cost reductions are a result of modular construction, accelerated building schedules, and standardized designs. Furthermore, the capacity to produce parts in a regulated setting lowers the risks associated with construction, rendering SMRs a financially feasible option for both industrialized and developing nations. The environmental advantages of SMRs are propelling market expansion as global efforts to mitigate climate change increase. Compared to fossil fuels, SMRs provide power with fewer greenhouse gas emissions, helping to meet global decarbonisation targets. Because of their compatibility with sustainable development goals, SMRs are positioned to be important players in the shift to a greener energy future.
The adoption of nuclear technology is significantly influenced by regulatory approvals and government funding. Recognising the promise of SMRs, several nations are expediting regulatory procedures to enable their implementation. The public-private sector's cooperation, incentives, and supportive policies all contribute to the SMR market's expansion. SMRs' modular design can strengthen their resistance to nuclear proliferation. Reactors with small diameters and built-in safety mechanisms are less appealing to unauthorized users. Nuclear security is becoming increasingly important to governments and international organizations, and SMRs support initiatives aimed at ensuring the safe and responsible use of nuclear technology.
For a variety of reasons, North America is a leading region in the market for small modular reactors (SMRs). SMRs are becoming more popular, especially in the US, as a way to lower carbon emissions, improve grid resilience, and diversify the country's energy mix. The region's strong position in SMR development and deployment is a result of collaborative efforts between business sector firms, research projects, and supportive government regulations.
| Report Metric | Details |
| Report Name | Small Modular Reactors Market |
| Accounted market size in 2022 | US$ 3616 in million |
| Forecasted market size in 2029 | US$ 8975 million |
| CAGR | 13.82% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
|
| Segment by End Users |
|
| Production by Region |
|
| Consumption by Region |
|
| By Company | Toshiba, OKBM Afrikantov, OKB Gidropress, Atomenergoprom, CNEA & INVAP, Seaborg Technologies, IPPE & Teploelektroproekt Design, Kurchatov Institute, Areva TA (DCNS group), International Thorium Molten Salt Forum (ITMSF), Gen4 Energy, Terrestrial Energy, Westinghouse-led, JAERI, NuScale Power LLC, Eskom, KAERI, Holtec International, Moltex Energy, GE Hitachi Nuclear Energy, Intellectual Ventures, U-Battery consortium, Atomstroyexport, Westinghouse Electric Company, X-energy. |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
Ans: The global Small Modular Reactors (SMRs) Market witnessing a CAGR of 13.82% during the forecast period 2023-2029.
Ans: The global Small Modular Reactors (SMRs) Market was valued at USD 3616 million in 2022 and is anticipated to reach USD 8975 million by 2029, witnessing a CAGR of 13.82% during the forecast period 2023-2029.
1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Small Modular Reactors (SMRs) Market Size Growth Rate by Type, 2018 VS 2022 VS 2029
1.2.2 Thermal-neutron Reactors
1.2.3 Fast-neutron Reactors
1.3 Market by Application
1.3.1 Global Small Modular Reactors (SMRs) Market Size Growth Rate by Application, 2018 VS 2022 VS 2029
1.3.2 Large Vessels
1.3.3 Industrial
1.3.4 Commercial
1.3.5 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global Small Modular Reactors (SMRs) Market Perspective (2018-2029)
2.2 Global Small Modular Reactors (SMRs) Growth Trends by Region
2.2.1 Small Modular Reactors (SMRs) Market Size by Region: 2018 VS 2022 VS 2029
2.2.2 Small Modular Reactors (SMRs) Historic Market Size by Region (2018-2023)
2.2.3 Small Modular Reactors (SMRs) Forecasted Market Size by Region (2024-2029)
2.3 Small Modular Reactors (SMRs) Market Dynamics
2.3.1 Small Modular Reactors (SMRs) Industry Trends
2.3.2 Small Modular Reactors (SMRs) Market Drivers
2.3.3 Small Modular Reactors (SMRs) Market Challenges
2.3.4 Small Modular Reactors (SMRs) Market Restraints
3 Competition Landscape by Key Players
3.1 Global Revenue Small Modular Reactors (SMRs) by Players
3.1.1 Global Small Modular Reactors (SMRs) Revenue by Players (2018-2023)
3.1.2 Global Small Modular Reactors (SMRs) Revenue Market Share by Players (2018-2023)
3.2 Global Small Modular Reactors (SMRs) Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players of Small Modular Reactors (SMRs), Ranking by Revenue, 2021 VS 2022 VS 2023
3.4 Global Small Modular Reactors (SMRs) Market Concentration Ratio
3.4.1 Global Small Modular Reactors (SMRs) Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Small Modular Reactors (SMRs) Revenue in 2022
3.5 Global Key Players of Small Modular Reactors (SMRs) Head office and Area Served
3.6 Global Key Players of Small Modular Reactors (SMRs), Product and Application
3.7 Global Key Players of Small Modular Reactors (SMRs), Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 Small Modular Reactors (SMRs) Breakdown Data by Type
4.1 Global Small Modular Reactors (SMRs) Historic Market Size by Type (2018-2023)
4.2 Global Small Modular Reactors (SMRs) Forecasted Market Size by Type (2024-2029)
5 Small Modular Reactors (SMRs) Breakdown Data by Application
5.1 Global Small Modular Reactors (SMRs) Historic Market Size by Application (2018-2023)
5.2 Global Small Modular Reactors (SMRs) Forecasted Market Size by Application (2024-2029)
6 North America
6.1 North America Small Modular Reactors (SMRs) Market Size (2018-2029)
6.2 North America Small Modular Reactors (SMRs) Market Size by Type
6.2.1 North America Small Modular Reactors (SMRs) Market Size by Type (2018-2023)
6.2.2 North America Small Modular Reactors (SMRs) Market Size by Type (2024-2029)
6.2.3 North America Small Modular Reactors (SMRs) Market Share by Type (2018-2029)
6.3 North America Small Modular Reactors (SMRs) Market Size by Application
6.3.1 North America Small Modular Reactors (SMRs) Market Size by Application (2018-2023)
6.3.2 North America Small Modular Reactors (SMRs) Market Size by Application (2024-2029)
6.3.3 North America Small Modular Reactors (SMRs) Market Share by Application (2018-2029)
6.4 North America Small Modular Reactors (SMRs) Market Size by Country
6.4.1 North America Small Modular Reactors (SMRs) Market Size by Country: 2018 VS 2022 VS 2029
6.4.2 North America Small Modular Reactors (SMRs) Market Size by Country (2018-2023)
6.4.3 North America Small Modular Reactors (SMRs) Market Size by Country (2024-2029)
6.4.4 U.S.
6.4.5 Canada
7 Europe
7.1 Europe Small Modular Reactors (SMRs) Market Size (2018-2029)
7.2 Europe Small Modular Reactors (SMRs) Market Size by Type
7.2.1 Europe Small Modular Reactors (SMRs) Market Size by Type (2018-2023)
7.2.2 Europe Small Modular Reactors (SMRs) Market Size by Type (2024-2029)
7.2.3 Europe Small Modular Reactors (SMRs) Market Share by Type (2018-2029)
7.3 Europe Small Modular Reactors (SMRs) Market Size by Application
7.3.1 Europe Small Modular Reactors (SMRs) Market Size by Application (2018-2023)
7.3.2 Europe Small Modular Reactors (SMRs) Market Size by Application (2024-2029)
7.3.3 Europe Small Modular Reactors (SMRs) Market Share by Application (2018-2029)
7.4 Europe Small Modular Reactors (SMRs) Market Size by Country
7.4.1 Europe Small Modular Reactors (SMRs) Market Size by Country: 2018 VS 2022 VS 2029
7.4.2 Europe Small Modular Reactors (SMRs) Market Size by Country (2018-2023)
7.4.3 Europe Small Modular Reactors (SMRs) Market Size by Country (2024-2029)
7.4.3 Germany
7.4.4 France
7.4.5 U.K.
7.4.6 Italy
7.4.7 Russia
7.4.8 Nordic Countries
8 China
8.1 China Small Modular Reactors (SMRs) Market Size (2018-2029)
8.2 China Small Modular Reactors (SMRs) Market Size by Type
8.2.1 China Small Modular Reactors (SMRs) Market Size by Type (2018-2023)
8.2.2 China Small Modular Reactors (SMRs) Market Size by Type (2024-2029)
8.2.3 China Small Modular Reactors (SMRs) Market Share by Type (2018-2029)
8.3 China Small Modular Reactors (SMRs) Market Size by Application
8.3.1 China Small Modular Reactors (SMRs) Market Size by Application (2018-2023)
8.3.2 China Small Modular Reactors (SMRs) Market Size by Application (2024-2029)
8.3.3 China Small Modular Reactors (SMRs) Market Share by Application (2018-2029)
9 Asia (excluding China)
9.1 Asia Small Modular Reactors (SMRs) Market Size (2018-2029)
9.2 Asia Small Modular Reactors (SMRs) Market Size by Type
9.2.1 Asia Small Modular Reactors (SMRs) Market Size by Type (2018-2023)
9.2.2 Asia Small Modular Reactors (SMRs) Market Size by Type (2024-2029)
9.2.3 Asia Small Modular Reactors (SMRs) Market Share by Type (2018-2029)
9.3 Asia Small Modular Reactors (SMRs) Market Size by Application
9.3.1 Asia Small Modular Reactors (SMRs) Market Size by Application (2018-2023)
9.3.2 Asia Small Modular Reactors (SMRs) Market Size by Application (2024-2029)
9.3.3 Asia Small Modular Reactors (SMRs) Market Share by Application (2018-2029)
9.4 Asia Small Modular Reactors (SMRs) Market Size by Region
9.4.1 Asia Small Modular Reactors (SMRs) Market Size by Region: 2018 VS 2022 VS 2029
9.4.2 Asia Small Modular Reactors (SMRs) Market Size by Region (2018-2023)
9.4.3 Asia Small Modular Reactors (SMRs) Market Size by Region (2024-2029)
9.4.4 Japan
9.4.5 South Korea
9.4.6 China Taiwan
9.4.7 Southeast Asia
9.4.8 India
9.4.9 Australia
10 Middle East, Africa, and Latin America
10.1 Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Size (2018-2029)
10.2 Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Size by Type
10.2.1 Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Size by Type (2018-2023)
10.2.2 Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Size by Type (2024-2029)
10.2.3 Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Share by Type (2018-2029)
10.3 Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Size by Application
10.3.1 Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Size by Application (2018-2023)
10.3.2 Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Size by Application (2024-2029)
10.3.3 Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Share by Application (2018-2029)
10.4 Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Size by Country
10.4.1 Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Size by Country: 2018 VS 2022 VS 2029
10.4.2 Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Size by Country (2018-2023)
10.4.3 Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Size by Country (2024-2029)
10.4.4 Brazil
10.4.5 Mexico
10.4.6 Turkey
10.4.7 Saudi Arabia
10.4.8 Israel
10.4.9 GCC Countries
11 Key Players Profiles
11.1 Toshiba
11.1.1 Toshiba Company Details
11.1.2 Toshiba Business Overview
11.1.3 Toshiba Small Modular Reactors (SMRs) Introduction
11.1.4 Toshiba Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.1.5 Toshiba Recent Developments
11.2 OKBM Afrikantov
11.2.1 OKBM Afrikantov Company Details
11.2.2 OKBM Afrikantov Business Overview
11.2.3 OKBM Afrikantov Small Modular Reactors (SMRs) Introduction
11.2.4 OKBM Afrikantov Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.2.5 OKBM Afrikantov Recent Developments
11.3 OKB Gidropress
11.3.1 OKB Gidropress Company Details
11.3.2 OKB Gidropress Business Overview
11.3.3 OKB Gidropress Small Modular Reactors (SMRs) Introduction
11.3.4 OKB Gidropress Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.3.5 OKB Gidropress Recent Developments
11.4 Atomenergoprom
11.4.1 Atomenergoprom Company Details
11.4.2 Atomenergoprom Business Overview
11.4.3 Atomenergoprom Small Modular Reactors (SMRs) Introduction
11.4.4 Atomenergoprom Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.4.5 Atomenergoprom Recent Developments
11.5 CNEA & INVAP
11.5.1 CNEA & INVAP Company Details
11.5.2 CNEA & INVAP Business Overview
11.5.3 CNEA & INVAP Small Modular Reactors (SMRs) Introduction
11.5.4 CNEA & INVAP Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.5.5 CNEA & INVAP Recent Developments
11.6 Seaborg Technologies
11.6.1 Seaborg Technologies Company Details
11.6.2 Seaborg Technologies Business Overview
11.6.3 Seaborg Technologies Small Modular Reactors (SMRs) Introduction
11.6.4 Seaborg Technologies Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.6.5 Seaborg Technologies Recent Developments
11.7 IPPE & Teploelektroproekt Design
11.7.1 IPPE & Teploelektroproekt Design Company Details
11.7.2 IPPE & Teploelektroproekt Design Business Overview
11.7.3 IPPE & Teploelektroproekt Design Small Modular Reactors (SMRs) Introduction
11.7.4 IPPE & Teploelektroproekt Design Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.7.5 IPPE & Teploelektroproekt Design Recent Developments
11.8 Kurchatov Institute
11.8.1 Kurchatov Institute Company Details
11.8.2 Kurchatov Institute Business Overview
11.8.3 Kurchatov Institute Small Modular Reactors (SMRs) Introduction
11.8.4 Kurchatov Institute Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.8.5 Kurchatov Institute Recent Developments
11.9 Areva TA (DCNS group)
11.9.1 Areva TA (DCNS group) Company Details
11.9.2 Areva TA (DCNS group) Business Overview
11.9.3 Areva TA (DCNS group) Small Modular Reactors (SMRs) Introduction
11.9.4 Areva TA (DCNS group) Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.9.5 Areva TA (DCNS group) Recent Developments
11.10 International Thorium Molten Salt Forum (ITMSF)
11.10.1 International Thorium Molten Salt Forum (ITMSF) Company Details
11.10.2 International Thorium Molten Salt Forum (ITMSF) Business Overview
11.10.3 International Thorium Molten Salt Forum (ITMSF) Small Modular Reactors (SMRs) Introduction
11.10.4 International Thorium Molten Salt Forum (ITMSF) Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.10.5 International Thorium Molten Salt Forum (ITMSF) Recent Developments
11.11 Gen4 Energy
11.11.1 Gen4 Energy Company Details
11.11.2 Gen4 Energy Business Overview
11.11.3 Gen4 Energy Small Modular Reactors (SMRs) Introduction
11.11.4 Gen4 Energy Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.11.5 Gen4 Energy Recent Developments
11.12 Terrestrial Energy
11.12.1 Terrestrial Energy Company Details
11.12.2 Terrestrial Energy Business Overview
11.12.3 Terrestrial Energy Small Modular Reactors (SMRs) Introduction
11.12.4 Terrestrial Energy Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.12.5 Terrestrial Energy Recent Developments
11.13 Westinghouse-led
11.13.1 Westinghouse-led Company Details
11.13.2 Westinghouse-led Business Overview
11.13.3 Westinghouse-led Small Modular Reactors (SMRs) Introduction
11.13.4 Westinghouse-led Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.13.5 Westinghouse-led Recent Developments
11.14 JAERI
11.14.1 JAERI Company Details
11.14.2 JAERI Business Overview
11.14.3 JAERI Small Modular Reactors (SMRs) Introduction
11.14.4 JAERI Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.14.5 JAERI Recent Developments
11.15 NuScale Power LLC
11.15.1 NuScale Power LLC Company Details
11.15.2 NuScale Power LLC Business Overview
11.15.3 NuScale Power LLC Small Modular Reactors (SMRs) Introduction
11.15.4 NuScale Power LLC Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.15.5 NuScale Power LLC Recent Developments
11.16 Eskom
11.16.1 Eskom Company Details
11.16.2 Eskom Business Overview
11.16.3 Eskom Small Modular Reactors (SMRs) Introduction
11.16.4 Eskom Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.16.5 Eskom Recent Developments
11.17 KAERI
11.17.1 KAERI Company Details
11.17.2 KAERI Business Overview
11.17.3 KAERI Small Modular Reactors (SMRs) Introduction
11.17.4 KAERI Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.17.5 KAERI Recent Developments
11.18 Holtec International
11.18.1 Holtec International Company Details
11.18.2 Holtec International Business Overview
11.18.3 Holtec International Small Modular Reactors (SMRs) Introduction
11.18.4 Holtec International Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.18.5 Holtec International Recent Developments
11.19 Moltex Energy
11.19.1 Moltex Energy Company Details
11.19.2 Moltex Energy Business Overview
11.19.3 Moltex Energy Small Modular Reactors (SMRs) Introduction
11.19.4 Moltex Energy Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.19.5 Moltex Energy Recent Developments
11.20 GE Hitachi Nuclear Energy
11.20.1 GE Hitachi Nuclear Energy Company Details
11.20.2 GE Hitachi Nuclear Energy Business Overview
11.20.3 GE Hitachi Nuclear Energy Small Modular Reactors (SMRs) Introduction
11.20.4 GE Hitachi Nuclear Energy Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.20.5 GE Hitachi Nuclear Energy Recent Developments
11.21 Intellectual Ventures
11.21.1 Intellectual Ventures Company Details
11.21.2 Intellectual Ventures Business Overview
11.21.3 Intellectual Ventures Small Modular Reactors (SMRs) Introduction
11.21.4 Intellectual Ventures Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.21.5 Intellectual Ventures Recent Developments
11.22 U-Battery consortium
11.22.1 U-Battery consortium Company Details
11.22.2 U-Battery consortium Business Overview
11.22.3 U-Battery consortium Small Modular Reactors (SMRs) Introduction
11.22.4 U-Battery consortium Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.22.5 U-Battery consortium Recent Developments
11.23 Atomstroyexport
11.23.1 Atomstroyexport Company Details
11.23.2 Atomstroyexport Business Overview
11.23.3 Atomstroyexport Small Modular Reactors (SMRs) Introduction
11.23.4 Atomstroyexport Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.23.5 Atomstroyexport Recent Developments
11.24 Westinghouse Electric Company
11.24.1 Westinghouse Electric Company Company Details
11.24.2 Westinghouse Electric Company Business Overview
11.24.3 Westinghouse Electric Company Small Modular Reactors (SMRs) Introduction
11.24.4 Westinghouse Electric Company Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.24.5 Westinghouse Electric Company Recent Developments
11.25 X-energy
11.25.1 X-energy Company Details
11.25.2 X-energy Business Overview
11.25.3 X-energy Small Modular Reactors (SMRs) Introduction
11.25.4 X-energy Revenue in Small Modular Reactors (SMRs) Business (2018-2023)
11.25.5 X-energy Recent Developments
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details
List of Tables
Table 1. Global Small Modular Reactors (SMRs) Market Size Growth Rate by Type (US$ Million), 2018 VS 2022 VS 2029
Table 2. Key Players of Thermal-neutron Reactors
Table 3. Key Players of Fast-neutron Reactors
Table 4. Global Small Modular Reactors (SMRs) Market Size Growth Rate by Application (US$ Million), 2018 VS 2022 VS 2029
Table 5. Global Small Modular Reactors (SMRs) Market Size Growth Rate (CAGR) by Region (US$ Million): 2018 VS 2022 VS 2029
Table 6. Global Small Modular Reactors (SMRs) Market Size by Region (2018-2023) & (US$ Million)
Table 7. Global Small Modular Reactors (SMRs) Market Share by Region (2018-2023)
Table 8. Global Small Modular Reactors (SMRs) Forecasted Market Size by Region (2024-2029) & (US$ Million)
Table 9. Global Small Modular Reactors (SMRs) Market Share by Region (2024-2029)
Table 10. Small Modular Reactors (SMRs) Market Trends
Table 11. Small Modular Reactors (SMRs) Market Drivers
Table 12. Small Modular Reactors (SMRs) Market Challenges
Table 13. Small Modular Reactors (SMRs) Market Restraints
Table 14. Global Small Modular Reactors (SMRs) Revenue by Players (2018-2023) & (US$ Million)
Table 15. Global Small Modular Reactors (SMRs) Revenue Share by Players (2018-2023)
Table 16. Global Top Small Modular Reactors (SMRs) by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Small Modular Reactors (SMRs) as of 2022)
Table 17. Global Small Modular Reactors (SMRs) Industry Ranking 2021 VS 2022 VS 2023
Table 18. Global 5 Largest Players Market Share by Small Modular Reactors (SMRs) Revenue (CR5 and HHI) & (2018-2023)
Table 19. Global Key Players of Small Modular Reactors (SMRs), Headquarters and Area Served
Table 20. Global Key Players of Small Modular Reactors (SMRs), Product and Application
Table 21. Global Key Players of Small Modular Reactors (SMRs), Product and Application
Table 22. Mergers & Acquisitions, Expansion Plans
Table 23. Global Small Modular Reactors (SMRs) Market Size by Type (2018-2023) & (US$ Million)
Table 24. Global Small Modular Reactors (SMRs) Revenue Market Share by Type (2018-2023)
Table 25. Global Small Modular Reactors (SMRs) Forecasted Market Size by Type (2024-2029) & (US$ Million)
Table 26. Global Small Modular Reactors (SMRs) Revenue Market Share by Type (2024-2029)
Table 27. Global Small Modular Reactors (SMRs) Market Size by Application (2018-2023) & (US$ Million)
Table 28. Global Small Modular Reactors (SMRs) Revenue Share by Application (2018-2023)
Table 29. Global Small Modular Reactors (SMRs) Forecasted Market Size by Application (2024-2029) & (US$ Million)
Table 30. Global Small Modular Reactors (SMRs) Revenue Share by Application (2024-2029)
Table 31. North America Small Modular Reactors (SMRs) Market Size by Type (2018-2023) & (US$ Million)
Table 32. North America Small Modular Reactors (SMRs) Market Size by Type (2024-2029) & (US$ Million)
Table 33. North America Small Modular Reactors (SMRs) Market Size by Application (2018-2023) & (US$ Million)
Table 34. North America Small Modular Reactors (SMRs) Market Size by Application (2024-2029) & (US$ Million)
Table 35. North America Small Modular Reactors (SMRs) Growth Rate (CAGR) by Country (US$ Million): 2018 VS 2022 VS 2029
Table 36. North America Small Modular Reactors (SMRs) Market Size by Country (2018-2023) & (US$ Million)
Table 37. North America Small Modular Reactors (SMRs) Market Size by Country (2024-2029) & (US$ Million)
Table 38. Europe Small Modular Reactors (SMRs) Market Size by Type (2018-2023) & (US$ Million)
Table 39. Europe Small Modular Reactors (SMRs) Market Size by Type (2024-2029) & (US$ Million)
Table 40. Europe Small Modular Reactors (SMRs) Market Size by Application (2018-2023) & (US$ Million)
Table 41. Europe Small Modular Reactors (SMRs) Market Size by Application (2024-2029) & (US$ Million)
Table 42. Europe Small Modular Reactors (SMRs) Growth Rate (CAGR) by Country (US$ Million): 2018 VS 2022 VS 2029
Table 43. Europe Small Modular Reactors (SMRs) Market Size by Country (2018-2023) & (US$ Million)
Table 44. Europe Small Modular Reactors (SMRs) Market Size by Country (2024-2029) & (US$ Million)
Table 45. China Small Modular Reactors (SMRs) Market Size by Type (2018-2023) & (US$ Million)
Table 46. China Small Modular Reactors (SMRs) Market Size by Type (2024-2029) & (US$ Million)
Table 47. China Small Modular Reactors (SMRs) Market Size by Application (2018-2023) & (US$ Million)
Table 48. China Small Modular Reactors (SMRs) Market Size by Application (2024-2029) & (US$ Million)
Table 49. Asia Small Modular Reactors (SMRs) Market Size by Type (2018-2023) & (US$ Million)
Table 50. Asia Small Modular Reactors (SMRs) Market Size by Type (2024-2029) & (US$ Million)
Table 51. Asia Small Modular Reactors (SMRs) Market Size by Application (2018-2023) & (US$ Million)
Table 52. Asia Small Modular Reactors (SMRs) Market Size by Application (2024-2029) & (US$ Million)
Table 53. Asia Small Modular Reactors (SMRs) Growth Rate (CAGR) by Region (US$ Million): 2018 VS 2022 VS 2029
Table 54. Asia Small Modular Reactors (SMRs) Market Size by Region (2018-2023) & (US$ Million)
Table 55. Asia Small Modular Reactors (SMRs) Market Size by Region (2024-2029) & (US$ Million)
Table 56. Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Size by Type (2018-2023) & (US$ Million)
Table 57. Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Size by Type (2024-2029) & (US$ Million)
Table 58. Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Size by Application (2018-2023) & (US$ Million)
Table 59. Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Size by Application (2024-2029) & (US$ Million)
Table 60. Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Growth Rate (CAGR) by Country (US$ Million): 2018 VS 2022 VS 2029
Table 61. Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Size by Country (2018-2023) & (US$ Million)
Table 62. Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Size by Country (2024-2029) & (US$ Million)
Table 63. Toshiba Company Details
Table 64. Toshiba Business Overview
Table 65. Toshiba Small Modular Reactors (SMRs) Product
Table 66. Toshiba Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 67. Toshiba Recent Developments
Table 68. OKBM Afrikantov Company Details
Table 69. OKBM Afrikantov Business Overview
Table 70. OKBM Afrikantov Small Modular Reactors (SMRs) Product
Table 71. OKBM Afrikantov Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 72. OKBM Afrikantov Recent Developments
Table 73. OKB Gidropress Company Details
Table 74. OKB Gidropress Business Overview
Table 75. OKB Gidropress Small Modular Reactors (SMRs) Product
Table 76. OKB Gidropress Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 77. OKB Gidropress Recent Developments
Table 78. Atomenergoprom Company Details
Table 79. Atomenergoprom Business Overview
Table 80. Atomenergoprom Small Modular Reactors (SMRs) Product
Table 81. Atomenergoprom Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 82. Atomenergoprom Recent Developments
Table 83. CNEA & INVAP Company Details
Table 84. CNEA & INVAP Business Overview
Table 85. CNEA & INVAP Small Modular Reactors (SMRs) Product
Table 86. CNEA & INVAP Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 87. CNEA & INVAP Recent Developments
Table 88. Seaborg Technologies Company Details
Table 89. Seaborg Technologies Business Overview
Table 90. Seaborg Technologies Small Modular Reactors (SMRs) Product
Table 91. Seaborg Technologies Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 92. Seaborg Technologies Recent Developments
Table 93. IPPE & Teploelektroproekt Design Company Details
Table 94. IPPE & Teploelektroproekt Design Business Overview
Table 95. IPPE & Teploelektroproekt Design Small Modular Reactors (SMRs) Product
Table 96. IPPE & Teploelektroproekt Design Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 97. IPPE & Teploelektroproekt Design Recent Developments
Table 98. Kurchatov Institute Company Details
Table 99. Kurchatov Institute Business Overview
Table 100. Kurchatov Institute Small Modular Reactors (SMRs) Product
Table 101. Kurchatov Institute Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 102. Kurchatov Institute Recent Developments
Table 103. Areva TA (DCNS group) Company Details
Table 104. Areva TA (DCNS group) Business Overview
Table 105. Areva TA (DCNS group) Small Modular Reactors (SMRs) Product
Table 106. Areva TA (DCNS group) Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 107. Areva TA (DCNS group) Recent Developments
Table 108. International Thorium Molten Salt Forum (ITMSF) Company Details
Table 109. International Thorium Molten Salt Forum (ITMSF) Business Overview
Table 110. International Thorium Molten Salt Forum (ITMSF) Small Modular Reactors (SMRs) Product
Table 111. International Thorium Molten Salt Forum (ITMSF) Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 112. International Thorium Molten Salt Forum (ITMSF) Recent Developments
Table 113. Gen4 Energy Company Details
Table 114. Gen4 Energy Business Overview
Table 115. Gen4 Energy Small Modular Reactors (SMRs) Product
Table 116. Gen4 Energy Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 117. Gen4 Energy Recent Developments
Table 118. Terrestrial Energy Company Details
Table 119. Terrestrial Energy Business Overview
Table 120. Terrestrial Energy Small Modular Reactors (SMRs) Product
Table 121. Terrestrial Energy Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 122. Terrestrial Energy Recent Developments
Table 123. Westinghouse-led Company Details
Table 124. Westinghouse-led Business Overview
Table 125. Westinghouse-led Small Modular Reactors (SMRs) Product
Table 126. Westinghouse-led Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 127. Westinghouse-led Recent Developments
Table 128. JAERI Company Details
Table 129. JAERI Business Overview
Table 130. JAERI Small Modular Reactors (SMRs) Product
Table 131. JAERI Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 132. JAERI Recent Developments
Table 133. NuScale Power LLC Company Details
Table 134. NuScale Power LLC Business Overview
Table 135. NuScale Power LLC Small Modular Reactors (SMRs) Product
Table 136. NuScale Power LLC Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 137. NuScale Power LLC Recent Developments
Table 138. Eskom Company Details
Table 139. Eskom Business Overview
Table 140. Eskom Small Modular Reactors (SMRs) Product
Table 141. Eskom Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 142. Eskom Recent Developments
Table 143. KAERI Company Details
Table 144. KAERI Business Overview
Table 145. KAERI Small Modular Reactors (SMRs) Product
Table 146. KAERI Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 147. KAERI Recent Developments
Table 148. Holtec International Company Details
Table 149. Holtec International Business Overview
Table 150. Holtec International Small Modular Reactors (SMRs) Product
Table 151. Holtec International Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 152. Holtec International Recent Developments
Table 153. Moltex Energy Company Details
Table 154. Moltex Energy Business Overview
Table 155. Moltex Energy Small Modular Reactors (SMRs) Product
Table 156. Moltex Energy Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 157. Moltex Energy Recent Developments
Table 158. GE Hitachi Nuclear Energy Company Details
Table 159. GE Hitachi Nuclear Energy Business Overview
Table 160. GE Hitachi Nuclear Energy Small Modular Reactors (SMRs) Product
Table 161. GE Hitachi Nuclear Energy Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 162. GE Hitachi Nuclear Energy Recent Developments
Table 163. Intellectual Ventures Company Details
Table 164. Intellectual Ventures Business Overview
Table 165. Intellectual Ventures Small Modular Reactors (SMRs) Product
Table 166. Intellectual Ventures Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 167. Intellectual Ventures Recent Developments
Table 168. U-Battery consortium Company Details
Table 169. U-Battery consortium Business Overview
Table 170. U-Battery consortium Small Modular Reactors (SMRs) Product
Table 171. U-Battery consortium Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 172. U-Battery consortium Recent Developments
Table 173. Atomstroyexport Company Details
Table 174. Atomstroyexport Business Overview
Table 175. Atomstroyexport Small Modular Reactors (SMRs) Product
Table 176. Atomstroyexport Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 177. Atomstroyexport Recent Developments
Table 178. Westinghouse Electric Company Company Details
Table 179. Westinghouse Electric Company Business Overview
Table 180. Westinghouse Electric Company Small Modular Reactors (SMRs) Product
Table 181. Westinghouse Electric Company Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 182. Westinghouse Electric Company Recent Developments
Table 183. X-energy Company Details
Table 184. X-energy Business Overview
Table 185. X-energy Small Modular Reactors (SMRs) Product
Table 186. X-energy Revenue in Small Modular Reactors (SMRs) Business (2018-2023) & (US$ Million)
Table 187. X-energy Recent Developments
Table 188. Research Programs/Design for This Report
Table 189. Key Data Information from Secondary Sources
Table 190. Key Data Information from Primary Sources
List of Figures
Figure 1. Global Small Modular Reactors (SMRs) Market Size Growth Rate by Type, 2018 VS 2022 VS 2029 (US$ Million)
Figure 2. Global Small Modular Reactors (SMRs) Market Share by Type: 2022 VS 2029
Figure 3. Thermal-neutron Reactors Features
Figure 4. Fast-neutron Reactors Features
Figure 5. Global Small Modular Reactors (SMRs) Market Size Growth Rate by Application, 2018 VS 2022 VS 2029 (US$ Million)
Figure 6. Global Small Modular Reactors (SMRs) Market Share by Application: 2022 VS 2029
Figure 7. Large Vessels Case Studies
Figure 8. Industrial Case Studies
Figure 9. Commercial Case Studies
Figure 10. Others Case Studies
Figure 11. Small Modular Reactors (SMRs) Report Years Considered
Figure 12. Global Small Modular Reactors (SMRs) Market Size (US$ Million), Year-over-Year: 2018-2029
Figure 13. Global Small Modular Reactors (SMRs) Market Size, (US$ Million), 2018 VS 2022 VS 2029
Figure 14. Global Small Modular Reactors (SMRs) Market Share by Region: 2022 VS 2029
Figure 15. Global Small Modular Reactors (SMRs) Market Share by Players in 2022
Figure 16. Global Top Small Modular Reactors (SMRs) Players by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Small Modular Reactors (SMRs) as of 2022)
Figure 17. The Top 10 and 5 Players Market Share by Small Modular Reactors (SMRs) Revenue in 2022
Figure 18. North America Small Modular Reactors (SMRs) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 19. North America Small Modular Reactors (SMRs) Market Share by Type (2018-2029)
Figure 20. North America Small Modular Reactors (SMRs) Market Share by Application (2018-2029)
Figure 21. North America Small Modular Reactors (SMRs) Market Share by Country (2018-2029)
Figure 22. United States Small Modular Reactors (SMRs) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 23. Canada Small Modular Reactors (SMRs) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 24. Europe Small Modular Reactors (SMRs) Market Size YoY (2018-2029) & (US$ Million)
Figure 25. Europe Small Modular Reactors (SMRs) Market Share by Type (2018-2029)
Figure 26. Europe Small Modular Reactors (SMRs) Market Share by Application (2018-2029)
Figure 27. Europe Small Modular Reactors (SMRs) Market Share by Country (2018-2029)
Figure 28. Germany Small Modular Reactors (SMRs) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 29. France Small Modular Reactors (SMRs) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 30. U.K. Small Modular Reactors (SMRs) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 31. Italy Small Modular Reactors (SMRs) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 32. Russia Small Modular Reactors (SMRs) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 33. Nordic Countries Small Modular Reactors (SMRs) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 34. China Small Modular Reactors (SMRs) Market Size YoY (2018-2029) & (US$ Million)
Figure 35. China Small Modular Reactors (SMRs) Market Share by Type (2018-2029)
Figure 36. China Small Modular Reactors (SMRs) Market Share by Application (2018-2029)
Figure 37. Asia Small Modular Reactors (SMRs) Market Size YoY (2018-2029) & (US$ Million)
Figure 38. Asia Small Modular Reactors (SMRs) Market Share by Type (2018-2029)
Figure 39. Asia Small Modular Reactors (SMRs) Market Share by Application (2018-2029)
Figure 40. Asia Small Modular Reactors (SMRs) Market Share by Region (2018-2029)
Figure 41. Japan Small Modular Reactors (SMRs) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 42. South Korea Small Modular Reactors (SMRs) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 43. China Taiwan Small Modular Reactors (SMRs) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 44. Southeast Asia Small Modular Reactors (SMRs) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 45. India Small Modular Reactors (SMRs) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 46. Australia Small Modular Reactors (SMRs) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 47. Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Size YoY (2018-2029) & (US$ Million)
Figure 48. Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Share by Type (2018-2029)
Figure 49. Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Share by Application (2018-2029)
Figure 50. Middle East, Africa, and Latin America Small Modular Reactors (SMRs) Market Share by Country (2018-2029)
Figure 51. Brazil Small Modular Reactors (SMRs) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 52. Mexico Small Modular Reactors (SMRs) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 53. Turkey Small Modular Reactors (SMRs) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 54. Saudi Arabia Small Modular Reactors (SMRs) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 55. Israel Small Modular Reactors (SMRs) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 56. GCC Countries Small Modular Reactors (SMRs) Market Size YoY Growth (2018-2029) & (US$ Million)
Figure 57. Toshiba Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 58. OKBM Afrikantov Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 59. OKB Gidropress Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 60. Atomenergoprom Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 61. CNEA & INVAP Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 62. Seaborg Technologies Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 63. IPPE & Teploelektroproekt Design Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 64. Kurchatov Institute Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 65. Areva TA (DCNS group) Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 66. International Thorium Molten Salt Forum (ITMSF) Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 67. Gen4 Energy Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 68. Terrestrial Energy Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 69. Westinghouse-led Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 70. JAERI Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 71. NuScale Power LLC Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 72. Eskom Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 73. KAERI Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 74. Holtec International Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 75. Moltex Energy Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 76. GE Hitachi Nuclear Energy Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 77. Intellectual Ventures Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 78. U-Battery consortium Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 79. Atomstroyexport Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 80. Westinghouse Electric Company Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 81. X-energy Revenue Growth Rate in Small Modular Reactors (SMRs) Business (2018-2023)
Figure 82. Bottom-up and Top-down Approaches for This Report
Figure 83. Data Triangulation
Figure 84. Key Executives Interviewed
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