05/09/2024 Business Opportunities, Franchise
Nuclear energy's unique advantages, such as high energy density, low greenhouse gas emissions, and consistent power output, make it a critical component of many nations' energy strategies. The market is supported by ongoing developments in nuclear reactor technologies, including small modular reactors (SMRs) and Generation IV reactors, which promise to make nuclear power safer, more affordable, and accessible.
Nuclear Energy Market was predicted to be USD 30.80 billion in 2023, projected to expand at a compound annual growth rate (CAGR) of 2.96% from 2024 to 2031, and estimated to be USD 31.25 billion in 2024.
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