Nuclear Decommissioning Market


The global nuclear decommissioning market is set to expand from USD 7.2 billion in 2024 to USD 11.0 billion by 2033, exhibiting a compound annual growth rate (CAGR) of 4.63% during the period from 2025 to 2033. This growth is primarily driven by the increasing number of aging nuclear power plants that require decommissioning as they reach the end of their operational life. As safety regulations become more stringent and public concern over nuclear safety rises, the demand for effective decommissioning services is expected to grow. Additionally, advancements in decommissioning technologies and methodologies are enhancing the efficiency and safety of the decommissioning process. The market is also influenced by government policies and funding aimed at promoting safe nuclear waste management and environmental sustainability.

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