Nuclear Turbine Generator Market Analysis and Forecast 2014 - 2020

Transparency Market

Research

Nuclear Turbine Generator Market - Global Industry Analysis, Size, Share,

Growth, Trends and Forecast 2014 - 2020

Published Date

2014-09-15

92 Page Report

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Press Release

Nuclear Turbine Generator Market is Estimated to Reach USD

15,616.7 million in 2020

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Nuclear Turbine Generator Market

REPORT DESCRIPTION

Transparency Market Research has released a new market research report- According to the report, the global nuclear

turbine generator market was valued at USD 7,006.1 million in 2013 and is likely to reach USD 15,616.7 million by 2020,

growing at a CAGR of 12.0% from 2014 to 2020.

Browse the full Nuclear Turbine Generator Market report at http://www.transparencymarketresearch.com/nuclearturbine-generator.html

The global demand for energy is anticipated to rise rapidly, led by demographic and economic growth. Growth in

industrialization in emerging countries such as Brazil, Russia, China, India, and South Africa further increases the demand

for energy. Rapid rise in demand for energy coupled with the uncertainty of energy demand and supply met is likely to act

as a catalyst for the growth of the nuclear turbine generator market. Fossil fuels are the primary sources of power

generation and are likely to remain so during the forecast period. However, these are the major and growing contributors

to carbon dioxide emissions. On the other hand, nuclear energy is a reliable, safe, clean and competitive source of

energy.

Growing demand for power, along with increased need for secure, reliable and emission-free power, propels the demand

for nuclear turbine generators. Environmental concerns regarding power generation from fossil fuel and rapid rise in fossil

fuel prices are likely to augment...