Global Small Modular Reactors Market Overview: 2025-2030

Base Year: 2024

Historical Years:  2020–23

Forecast Years: 2025-2030

The Global Small Modular Reactor Market is projected to grow at a CAGR of around 14% during the forecast period, i.e., 2025-30.

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Global Small Modular Reactors Market (2025-30): Segmentation Outlook

The market report has segmented the market into the following categories:

By Reactor Type

-Light Water Reactor- Market Size & Forecast 2020-2030, USD Million

-Pressurized Heavy Water Reactor- Market Size & Forecast 2020-2030, USD Million

-High-Temperature Reactor- Market Size & Forecast 2020-2030, USD Million

-Fast Neutron Reactor- Market Size & Forecast 2020-2030, USD Million

-Others (Molten Salt Reactor, Integral Pressurized Water Reactor, etc.) - Market Size & Forecast 2020-2030, USD Million

By Deployment

-Single Module- Market Size & Forecast 2020-2030, USD Million

-Multi-Module- Market Size & Forecast 2020-2030, USD Million

By Application

-Desalination- Market Size & Forecast 2020-2030, USD Million

-Power Generation- Market Size & Forecast 2020-2030, USD Million

-Process Heat- Market Size & Forecast 2020-2030, USD Million

Here, the power generation application is anticipated to hold the largest market share during 2025-30, 

By Region

-North America

-South America

-Europe

-Middle East & Africa

-Asia-Pacific.

North America dominates the Small Modular Reactor Market among all regions. It attributes to the US, i.e.

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Top Companies Operating in the Global Small Modular Reactors Market:

-Advanced Reactor Concepts, LLC

-Bechtel Corporation

-China National Nuclear Corporation (CNNC)

-General Atomics

-General Electric Hitachi Nuclear Energy

-Holtec International

-Mitsubishi Heavy Industries Ltd.

-Nuclear Power Corporation of India Limited (NPCIL)

-Shanghai Nuclear Engineering Research and Design Institute Co., Ltd. (SNERDI).

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