Analysis of global nuclear turbine generator Market in the next 5 years
06-14-2016 10:56:10
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According to TMR's latest research report shows that by 2020, the global nuclear power turbine market size will increase to $156.1, 2014-2020 compound annual growth rate of up to 12%.
The report pointed out that the global electricity demand growth is the main reason for the steady growth of nuclear power steam turbine generator units. At the same time, the non nuclear policy of a few countries will restrict the development of this market. For example, since the Fukushima nuclear accident, Japan entered the nuclear era, Germany has also announced the phasing out of nuclear power plants, the development of renewable energy.
From the regional market, Europe is still the world's largest nuclear power regional market. Followed by the Asia Pacific region and North america. India, South Korea and China are three countries in the Asia Pacific region to develop nuclear power more rapidly, it will be the region's three largest market demand for nuclear power steam turbine generator units.
In recent years, the United States as the representative of the North American region of nuclear power steam turbine market growth is stable, but the decline in natural gas prices to a certain extent, affect the growth rate of nuclear power plant in North america.