Bric Countries Nuclear Power Market Size Report for 2019 by Radiant Insights, Inc

BRIC Countries Nuclear Power Market Share and Size,

Trends and Growth, Consumer and Market Insights,

Analysis Forecasts 2015-2019

Market outlook of the nuclear power market

Nuclear energy is a reliable power source that can produce uninterrupted, clean energy on a large scale.

It is also cheaper compared to fossil fuels as a power source. The increasing power demand in BRIC

nations is the key driver for the growth of nuclear power market in these countries. Technavio's market

research analyst expects the nuclear power market grow at a CAGR of 13% during the forecast period. In

Russia and China, ships and submarines use nuclear energy as a source of electricity, as they need to be

at sea for long durations.

The development of nuclear power market in BRIC countries faces strong public opposition due to the

safety concerns associated with the nuclear power plants. Post the 2011 Fukushima disaster in Japan,

many countries slowed down their nuclear power development plan. Also, disposal of nuclear waste is

another challenge for the growth of this market.

Read Complete Report with TOC @ https://www.radiantinsights.com/research/nuclear-power-inbric-countries-2015-2019

Segmentation by technology and analysis of the nuclear power market

Pressurized water reactor (PWR)

Light water graphite reactor (LWGR)

Pressurized heavy water reactor (PHWR)

Fast breeder reactor (FBR)

Boiling water reactor (BWR)

During 2014, PWR technology dominated the market in terms of installed capacity. The research report

predicts that by 2019, PWR technology will continue to dominate the nuclear power market in BRIC

countries.

Geographical segmentation of the nuclear market in BRIC countries

Russia

China

India

Brazil

Technavio's market research analyst expects that by 2019, China would overtake Russia in the nuclear

power market. The rising electricity demand and the drive towards a cleaner environment are

anticipated to fuel the growth of the Chinese market. The...