원자력발전 시장 - 산업 규모, 점유율, 동향, 기회, 예측 : 용도별, 로형별, 지역별 경쟁(2021-2031년)

The Global Nuclear Power Market is projected to expand significantly, rising from USD 35.54 billion in 2025 to USD 51.22 billion by 2031, at a Compound Annual Growth Rate (CAGR) of 6.28%. This sector focuses on generating electricity via nuclear fission, a process that splits atomic nuclei to produce thermal energy for steam turbines. Its growth is fundamentally driven by the critical needs for enhanced national energy security and compliance with strict decarbonization goals, prompting countries to reduce reliance on volatile fossil fuel imports and diversify their energy sources. These enduring drivers reflect structural changes in energy policy, aiming for net-zero emissions. Notably, nuclear reactors globally achieved a record-high electricity generation of 2667 TWh in 2024, as reported by the World Nuclear Association in 2025.

However, despite strong operational output, the market is significantly hampered by high initial capital costs and prolonged construction periods. Building new nuclear facilities requires extensive regulatory adherence and substantial financial investment, which frequently discourages private funding and prolongs project completion. This economic obstacle restricts the speed at which new nuclear capacity can be implemented, potentially slowing down the wider adoption of nuclear energy even with supportive policies. Therefore, addressing these financial challenges remains crucial for stakeholders aiming to grow the global nuclear sector.

Market Driver

Stringent decarbonization mandates serve as a key driver for the Global Nuclear Power Market. Governments globally acknowledge that intermittent renewable energy sources alone cannot fulfill ambitious climate objectives, thus requiring the integration of stable nuclear baseload power. This policy shift quantifies the environmental benefits of the nuclear sector, ensuring its ongoing operation and expansion as a foundational clean energy source. For instance, the World Nuclear Association reported in September 2025's 'World Nuclear Performance Report 2025' that nuclear reactors prevented 2.1 billion tonnes of carbon dioxide emissions in 2024, highlighting their vital contribution to global carbon reduction.

Moreover, the progression of Small Modular Reactor (SMR) technology is transforming the market by tackling conventional hurdles like high capital expenses and extended construction durations. These advanced reactors provide scalable and adaptable solutions for various uses, expanding the potential client base beyond large-scale utility operators. This technological evolution is anticipated to secure a considerable portion of future market growth. According to the International Atomic Energy Agency's September 2025 'Energy, Electricity and Nuclear Power Estimates for the Period up to 2050' report, SMRs are expected to contribute 24% of new nuclear capacity in the high case scenario. This innovation supports wider industry expansion, with global nuclear electrical generating capacity projected to reach 992 gigawatts by 2050 under the high case scenario, as noted by the International Atomic Energy Agency in 2025.

Market Challenge

Significant initial capital requirements and prolonged construction timelines present a major economic hurdle for the Global Nuclear Power Market. These elements discourage private investment by fostering a high-risk financial climate where funds are committed for many years before yielding returns. Unlike more modular energy solutions that allow for swift deployment and faster recoupment, nuclear projects demand considerable upfront capital and are highly susceptible to interest rate changes and regulatory holdups. This financial framework severely curtails the number of organizations able to undertake new builds, largely confining market involvement to state-supported entities or projects receiving substantial government subsidies, which in turn limits broader commercial competition and innovation.

As a result, the rate of capacity expansion trails the pace required to satisfy global energy demands. The effect of these obstacles on starting new projects is evident in recent industry trends, where the speed of new construction does not align with the urgent need for decarbonization. The World Nuclear Association reported in 2025 that only nine nuclear reactors globally commenced construction during the previous year. This restricted number of new project launches, despite a supportive policy environment, underscores how the challenging combination of high costs and long lead times directly impedes the scalable expansion of the market.

Market Trends

Strategic alliances with hyperscale data centers are creating a novel demand pattern for the Global Nuclear Power Market, driven by the intense energy demands of artificial intelligence. Technology firms are proactively seeking direct access to nuclear assets to guarantee consistent, carbon-free electricity, thereby avoiding typical grid instability. This development confirms the high value of reliable nuclear power in the digital economy and encourages the reactivation of previously dormant assets. For example, Constellation Energy announced in September 2024, via their 'Constellation to Launch Crane Clean Energy Center' press release, a 20-year power purchase agreement with Microsoft to restart the Three Mile Island Unit 1 reactor, adding about 835 megawatts of carbon-free capacity to serve data center requirements.

Concurrently, there is a growing emphasis on producing nuclear-derived pink hydrogen to aid in decarbonizing heavy industrial sectors. By utilizing reactor steam and electricity for electrolysis, operators can generate low-carbon hydrogen for industries such as manufacturing, which are challenging to electrify, thereby establishing a new value proposition for nuclear assets. This advancement allows plants to broaden their operational focus beyond mere power generation and align with wider clean energy infrastructure objectives. An example is the Midwest Hydrogen Hub, which incorporates nuclear energy and received an initial federal grant of USD 22.2 million in December 2024, as reported by Morgan Lewis in the 'DOE Initial Funding Awards to Two More Regional Hydrogen Hubs Supports Hydrogen Infrastructure Expansion' article, to initiate the development of hydrogen infrastructure.

Key Market Players

• BHP Billiton
• Paladin Energy
• Bulgarian Energy Holding
• Electrabel NV/SA
• Uranium One Inc.
• Eni S.p.A.
• PreussenElektra GmbH
• CGN Power Co., Ltd.

Report Scope

In this report, the Global Nuclear Power Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Nuclear Power Market, By Applications

• Energy
• Defense
• Others

Nuclear Power Market, By Reactor Type

• Pressurized Heavy Water Reactor
• Boiling Water Reactor
• High-temperature Gas-cooled Reactor
• Liquid Metal Fast Breeder Reactor
• Other Reactor Types

Nuclear Power Market, By Region

• North America
  • United States
  • Canada
  • Mexico
• Europe
  • France
  • United Kingdom
  • Italy
  • Germany
  • Spain
• Asia Pacific
  • China
  • India
  • Japan
  • Australia
  • South Korea
• South America
  • Brazil
  • Argentina
  • Colombia
• Middle East & Africa
  • South Africa
  • Saudi Arabia
  • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Nuclear Power Market.

Available Customizations:

Global Nuclear Power Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

• Detailed analysis and profiling of additional market players (up to five).

Table of Contents

1. Product Overview

• 1.1. Market Definition
• 1.2. Scope of the Market
  • 1.2.1. Markets Covered
  • 1.2.2. Years Considered for Study
  • 1.2.3. Key Market Segmentations

2. Research Methodology

• 2.1. Objective of the Study
• 2.2. Baseline Methodology
• 2.3. Key Industry Partners
• 2.4. Major Association and Secondary Sources
• 2.5. Forecasting Methodology
• 2.6. Data Triangulation & Validation
• 2.7. Assumptions and Limitations

3. Executive Summary

• 3.1. Overview of the Market
• 3.2. Overview of Key Market Segmentations
• 3.3. Overview of Key Market Players
• 3.4. Overview of Key Regions/Countries
• 3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Nuclear Power Market Outlook

• 5.1. Market Size & Forecast
  • 5.1.1. By Value
• 5.2. Market Share & Forecast
  • 5.2.1. By Applications (Energy, Defense, Others)
  • 5.2.2. By Reactor Type (Pressurized Heavy Water Reactor, Boiling Water Reactor, High-temperature Gas-cooled Reactor, Liquid Metal Fast Breeder Reactor, Other Reactor Types)
  • 5.2.3. By Region
  • 5.2.4. By Company (2025)
• 5.3. Market Map

6. North America Nuclear Power Market Outlook

• 6.1. Market Size & Forecast
  • 6.1.1. By Value
• 6.2. Market Share & Forecast
  • 6.2.1. By Applications
  • 6.2.2. By Reactor Type
  • 6.2.3. By Country
• 6.3. North America: Country Analysis
  • 6.3.1. United States Nuclear Power Market Outlook
    • 6.3.1.1. Market Size & Forecast
      • 6.3.1.1.1. By Value
    • 6.3.1.2. Market Share & Forecast
      • 6.3.1.2.1. By Applications
      • 6.3.1.2.2. By Reactor Type
  • 6.3.2. Canada Nuclear Power Market Outlook
    • 6.3.2.1. Market Size & Forecast
      • 6.3.2.1.1. By Value
    • 6.3.2.2. Market Share & Forecast
      • 6.3.2.2.1. By Applications
      • 6.3.2.2.2. By Reactor Type
  • 6.3.3. Mexico Nuclear Power Market Outlook
    • 6.3.3.1. Market Size & Forecast
      • 6.3.3.1.1. By Value
    • 6.3.3.2. Market Share & Forecast
      • 6.3.3.2.1. By Applications
      • 6.3.3.2.2. By Reactor Type

7. Europe Nuclear Power Market Outlook

• 7.1. Market Size & Forecast
  • 7.1.1. By Value
• 7.2. Market Share & Forecast
  • 7.2.1. By Applications
  • 7.2.2. By Reactor Type
  • 7.2.3. By Country
• 7.3. Europe: Country Analysis
  • 7.3.1. Germany Nuclear Power Market Outlook
    • 7.3.1.1. Market Size & Forecast
      • 7.3.1.1.1. By Value
    • 7.3.1.2. Market Share & Forecast
      • 7.3.1.2.1. By Applications
      • 7.3.1.2.2. By Reactor Type
  • 7.3.2. France Nuclear Power Market Outlook
    • 7.3.2.1. Market Size & Forecast
      • 7.3.2.1.1. By Value
    • 7.3.2.2. Market Share & Forecast
      • 7.3.2.2.1. By Applications
      • 7.3.2.2.2. By Reactor Type
  • 7.3.3. United Kingdom Nuclear Power Market Outlook
    • 7.3.3.1. Market Size & Forecast
      • 7.3.3.1.1. By Value
    • 7.3.3.2. Market Share & Forecast
      • 7.3.3.2.1. By Applications
      • 7.3.3.2.2. By Reactor Type
  • 7.3.4. Italy Nuclear Power Market Outlook
    • 7.3.4.1. Market Size & Forecast
      • 7.3.4.1.1. By Value
    • 7.3.4.2. Market Share & Forecast
      • 7.3.4.2.1. By Applications
      • 7.3.4.2.2. By Reactor Type
  • 7.3.5. Spain Nuclear Power Market Outlook
    • 7.3.5.1. Market Size & Forecast
      • 7.3.5.1.1. By Value
    • 7.3.5.2. Market Share & Forecast
      • 7.3.5.2.1. By Applications
      • 7.3.5.2.2. By Reactor Type

8. Asia Pacific Nuclear Power Market Outlook

• 8.1. Market Size & Forecast
  • 8.1.1. By Value
• 8.2. Market Share & Forecast
  • 8.2.1. By Applications
  • 8.2.2. By Reactor Type
  • 8.2.3. By Country
• 8.3. Asia Pacific: Country Analysis
  • 8.3.1. China Nuclear Power Market Outlook
    • 8.3.1.1. Market Size & Forecast
      • 8.3.1.1.1. By Value
    • 8.3.1.2. Market Share & Forecast
      • 8.3.1.2.1. By Applications
      • 8.3.1.2.2. By Reactor Type
  • 8.3.2. India Nuclear Power Market Outlook
    • 8.3.2.1. Market Size & Forecast
      • 8.3.2.1.1. By Value
    • 8.3.2.2. Market Share & Forecast
      • 8.3.2.2.1. By Applications
      • 8.3.2.2.2. By Reactor Type
  • 8.3.3. Japan Nuclear Power Market Outlook
    • 8.3.3.1. Market Size & Forecast
      • 8.3.3.1.1. By Value
    • 8.3.3.2. Market Share & Forecast
      • 8.3.3.2.1. By Applications
      • 8.3.3.2.2. By Reactor Type
  • 8.3.4. South Korea Nuclear Power Market Outlook
    • 8.3.4.1. Market Size & Forecast
      • 8.3.4.1.1. By Value
    • 8.3.4.2. Market Share & Forecast
      • 8.3.4.2.1. By Applications
      • 8.3.4.2.2. By Reactor Type
  • 8.3.5. Australia Nuclear Power Market Outlook
    • 8.3.5.1. Market Size & Forecast
      • 8.3.5.1.1. By Value
    • 8.3.5.2. Market Share & Forecast
      • 8.3.5.2.1. By Applications
      • 8.3.5.2.2. By Reactor Type

9. Middle East & Africa Nuclear Power Market Outlook

• 9.1. Market Size & Forecast
  • 9.1.1. By Value
• 9.2. Market Share & Forecast
  • 9.2.1. By Applications
  • 9.2.2. By Reactor Type
  • 9.2.3. By Country
• 9.3. Middle East & Africa: Country Analysis
  • 9.3.1. Saudi Arabia Nuclear Power Market Outlook
    • 9.3.1.1. Market Size & Forecast
      • 9.3.1.1.1. By Value
    • 9.3.1.2. Market Share & Forecast
      • 9.3.1.2.1. By Applications
      • 9.3.1.2.2. By Reactor Type
  • 9.3.2. UAE Nuclear Power Market Outlook
    • 9.3.2.1. Market Size & Forecast
      • 9.3.2.1.1. By Value
    • 9.3.2.2. Market Share & Forecast
      • 9.3.2.2.1. By Applications
      • 9.3.2.2.2. By Reactor Type
  • 9.3.3. South Africa Nuclear Power Market Outlook
    • 9.3.3.1. Market Size & Forecast
      • 9.3.3.1.1. By Value
    • 9.3.3.2. Market Share & Forecast
      • 9.3.3.2.1. By Applications
      • 9.3.3.2.2. By Reactor Type

10. South America Nuclear Power Market Outlook

• 10.1. Market Size & Forecast
  • 10.1.1. By Value
• 10.2. Market Share & Forecast
  • 10.2.1. By Applications
  • 10.2.2. By Reactor Type
  • 10.2.3. By Country
• 10.3. South America: Country Analysis
  • 10.3.1. Brazil Nuclear Power Market Outlook
    • 10.3.1.1. Market Size & Forecast
      • 10.3.1.1.1. By Value
    • 10.3.1.2. Market Share & Forecast
      • 10.3.1.2.1. By Applications
      • 10.3.1.2.2. By Reactor Type
  • 10.3.2. Colombia Nuclear Power Market Outlook
    • 10.3.2.1. Market Size & Forecast
      • 10.3.2.1.1. By Value
    • 10.3.2.2. Market Share & Forecast
      • 10.3.2.2.1. By Applications
      • 10.3.2.2.2. By Reactor Type
  • 10.3.3. Argentina Nuclear Power Market Outlook
    • 10.3.3.1. Market Size & Forecast
      • 10.3.3.1.1. By Value
    • 10.3.3.2. Market Share & Forecast
      • 10.3.3.2.1. By Applications
      • 10.3.3.2.2. By Reactor Type

11. Market Dynamics

• 11.1. Drivers
• 11.2. Challenges

12. Market Trends & Developments

• 12.1. Merger & Acquisition (If Any)
• 12.2. Product Launches (If Any)
• 12.3. Recent Developments

13. Global Nuclear Power Market: SWOT Analysis

14. Porter's Five Forces Analysis

• 14.1. Competition in the Industry
• 14.2. Potential of New Entrants
• 14.3. Power of Suppliers
• 14.4. Power of Customers
• 14.5. Threat of Substitute Products

15. Competitive Landscape

• 15.1. BHP Billiton
  • 15.1.1. Business Overview
  • 15.1.2. Products & Services
  • 15.1.3. Recent Developments
  • 15.1.4. Key Personnel
  • 15.1.5. SWOT Analysis
• 15.2. Paladin Energy
• 15.3. Bulgarian Energy Holding
• 15.4. Electrabel NV/SA
• 15.5. Uranium One Inc.
• 15.6. Eni S.p.A.
• 15.7. PreussenElektra GmbH
• 15.8. CGN Power Co., Ltd.

16. Strategic Recommendations

17. About Us & Disclaimer