Nuclear Plant Services Market Analysis and Future Growth, Forecast 2028
Increasing demand for nuclear power to meet growing energy needs and Growing emphasis on the safety & security of nuclear power plants are likely to drive the market in the forecast period. According to TechSci Research report, “ Nuclear Plant Services Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2028 ”, the Global Nuclear Plant Services Market stood at USD 67.08 billion in 2022 and is anticipated to grow with a CAGR of 5.01% in the forecast period. One of the primary drivers of the global Nuclear Plant Services market is the aging infrastructure of existing nuclear power plants. Many of the world's nuclear facilities were built several decades ago, and they are reaching a stage where they require extensive maintenance, refurbishment, and upgrades to ensure their continued safe and reliable operation. As nuclear power plants age, their components and systems gradually degrade due to factors such as radiation exposure, ...