Europe Nuclear Waste Management System Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Waste Type ( Low-Level Waste, High Level Waste, Intermediate Level Waste and Others ), Reactor Type ( Pressurized Water Reactor, Boiling Water Reactor, and Gas Cooled Reactor ), and Disposal Options ( Near Surface Disposal and Deep Geological Disposal )
Market Introduction
The nuclear waste management systems market in Europe is further segmented into Germany, France, Italy, UK, Russia, and the Rest of Europe. To meet the European Union’s ambitious climate-neutral goal for 2050, many countries in the region are moving toward carbon-free energy generation and utilization. Currently, nuclear power fulfils ~25% of the region’s energy needs, and it accounts for ~50% of low-carbon electricity generated in the region. From 2006 to 2019 countries such as Romania, Hungary, Czechia, the Netherlands, Slovenia, and Finland raised their nuclear energy generation capacity; however, on the contrary, countries such as Germany, Slovakia, Bulgaria, France, Spain, and Sweden have recorded decrease in energy procurement from nuclear power plants as these countries are more inclines toward nuclear decommissioning. Further, there are no on-going construction of nuclear power plants in countries such as Finland, Slovakia, Belarus, Russia, Turkey, and the UK. For instance, Germany plans to phase out all its nuclear reactors by 2022. Also, the European Union has launched nuclear decommissioning assistance programmes to fund activities for the removal of radioactive materials as well as to mitigate electricity generation and employment issues. Thus, all these factors are projected to generate ample growth opportunities forth nuclear waste management system market players. Additionally, the European Commission is constantly funding the nuclear studies to assess the feasibility of European nuclear waste repositories for the countries which has relatively less nuclear waste generation. Therefore, from these studies, around 14 EU countries decided to set up the European Repository Development Organisation (ERDO) to cooperate efficiently the nuclear waste disposal. Also, rising deployment of nuclear power plants are the major factor driving the Europe nuclear waste management system market.
The impact of the COVID-19 outbreak pandemic differed from country to country across Europe as selected countries witnessed an increase in the number of COVID-19 confirmed cases and subsequently imposed strict and long lockdown periods or social isolation. However, Western European countries such as Germany, France, Russia, and the UK have seen a comparatively modest decrease in their growth activities because of the strong healthcare system. To protect citizens from infection, the European governments made tremendous investments in incorporating technologies in its healthcare systems to help identify signs of the virus. During the pandemic, Europe was one of the regions that were highly dependent on the nuclear power plants to fulfill their electricity requirements. As many components of the infrastructure cannot function without a consistent supply of electricity, electricity generation and delivery, two of the most crucial elements of economic and social infrastructure, are required to remain reliable during the pandemic. In the EU, more than 100 nuclear power reactor units are operational, and their continuous operation in the pandemic is critical for maintaining grid stability and ensuring needed power supply in conjunction with other power generation sources. This high reliability on nuclear power plants for electricity needs has increased the requirement of disposal of nuclear waste produced from them.
Key Market Segments
The Europe nuclear waste management system market is segmented on the bases of waste type, reactor type, disposal options, and country. Based on waste type, the market is segmented into low-level waste, high-level waste, intermediate-level waste, and others. Low-level waste segment held largest market share in 2020. Based on reactor type, the Europe nuclear waste management system market is segmented into pressurized water reactor, boiling water reactor, and gas cooled reactor. Boiling water reactor segment held a substantial market share in 2020. Based on disposal option, the market is bifurcated into near surface disposal and deep geological disposal. Near surface disposal segment held a substantial market share in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the nuclear waste management system market in Europe are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Ansaldo Energia S.p.A.; Augean PLC; Bechtel Corporation; Energysolutions; Perma-Fix; Svensk Kärnbränslehantering AB; and Veolia.
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Europe Nuclear Waste Management System Market Segmentation
Europe Nuclear Waste Management System Market - By Waste Type
- Low-Level Waste
- High Level Waste
- Intermediate Level Waste
- Others
Europe Nuclear Waste Management System Market - By Reactor Type
- Pressurized Water Reactor
- Boiling Water Reactor
- Gas Cooled Reactor
Europe Nuclear Waste Management System Market – By Disposal Options
- Near Surface Disposal
- Deep Geological Disposal
Europe Nuclear Waste Management System Market - By Country
- France
- Germany
- Italy
- UK
- Russia
- Rest of Europe
Europe Nuclear Waste Management System Market - Company Profiles
- Waste Control Specialists LLC
- Ansaldo Energia S.p.A.
- Augean PLC
- Bechtel Corporation
- Energysolutions
- Perma-Fix
- Svensk Kärnbränslehantering AB
- Veolia
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. Europe Nuclear Waste Management System Market Landscape
4.1 Market Overview
4.2 Europe PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. Europe Nuclear Waste Management System Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Significant Deployment of Nuclear Power Plants
5.1.2 Prominent Development of Nuclear Weapons
5.2 Market Restraints
5.2.1 Huge Cost of Nuclear Waste Management System
5.3 Market Opportunities
5.3.1 Shutting Down of Old Nuclear Power Plant
5.4 Future Trends
5.4.1 Upcoming of Medical Radioisotopes
5.5 Impact Analysis of Drivers and Restraints
6. Nuclear Waste Management System Market – Europe Analysis
6.1 Europe Nuclear Waste Management System Market Overview
6.2 Europe Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
7. Europe Nuclear Waste Management System Market Analysis – by Waste Type
7.1 Overview
7.2 Europe Nuclear Waste Management System Market, by Waste Type (2020 and 2028)
7.3 Low-Level Waste
7.3.1 Overview
7.3.2 Low-Level Waste: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
7.4 High-Level Waste
7.4.1 Overview
7.4.2 High -Level Waste: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
7.5 Intermediate-Level Waste
7.5.1 Overview
7.5.2 Intermediate-Level Waste: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
7.6 Others
7.6.1 Overview
7.6.2 Others: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
8. Europe Nuclear Waste Management System Market – By Reactor Type
8.1 Overview
8.2 Europe Nuclear Waste Management System Market, by Reactor Type (2020 and 2028)
8.3 Pressurized Water Reactor
8.3.1 Overview
8.3.2 Pressurized Water Reactor: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
8.4 Boiling Water Reactor
8.4.1 Overview
8.4.2 Boiling Water Reactor: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
8.5 Gas-Cooled Reactor
8.5.1 Overview
8.5.2 Gas-Cooled reactor: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
9. Europe Nuclear Waste Management System Market – By Disposal Option
9.1 Overview
9.2 Europe Nuclear Waste Management System Market, by Disposal Option (2020 and 2028)
9.3 Near-Surface Disposal
9.3.1 Overview
9.3.2 Near-Surface Disposal: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
9.4 Deep Geological Disposal
9.4.1 Overview
9.4.2 Deep Geological Disposal: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
10. Europe Nuclear Waste Management System Market –Country Analysis
10.1 Overview
10.1.1 Europe: Nuclear Waste Management System Market- by Key Country
10.1.1.1 Germany: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.1.1 Germany: Nuclear Waste Management System Market- by Waste Type
10.1.1.1.2 Germany: Nuclear Waste Management System Market- By Reactor Type
10.1.1.1.3 Germany: Nuclear Waste Management System Market- By Disposal Options
10.1.1.2 France: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.2.1 France: Nuclear Waste Management System Market- by Waste Type
10.1.1.2.2 France: Nuclear Waste Management System Market- By Reactor Type
10.1.1.2.3 France: Nuclear Waste Management System Market- By Disposal Options
10.1.1.3 Italy: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.3.1 Italy: Nuclear Waste Management System Market- by Waste Type
10.1.1.3.2 Italy: Nuclear Waste Management System Market- By Reactor Type
10.1.1.3.3 Italy: Nuclear Waste Management System Market- By Disposal Options
10.1.1.4 UK: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.4.1 UK: Nuclear Waste Management System Market- by Waste Type
10.1.1.4.2 UK: Nuclear Waste Management System Market- By Reactor Type
10.1.1.4.3 UK: Nuclear Waste Management System Market- By Disposal Options
10.1.1.5 Russia: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.5.1 Russia: Nuclear Waste Management System Market- by Waste Type
10.1.1.5.2 Russia: Nuclear Waste Management System Market- By Reactor Type
10.1.1.5.3 Russia: Nuclear Waste Management System Market- By Disposal Options
10.1.1.6 Rest of Europe: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
10.1.1.6.1 Rest of Europe: Nuclear Waste Management System Market- by Waste Type
10.1.1.6.2 Rest of Europe: Nuclear Waste Management System Market- By Reactor Type
10.1.1.6.3 Rest of Europe: Nuclear Waste Management System Market- By Disposal Options
11. Europe Nuclear Waste Management System Market- COVID-19 Impact Analysis
11.1 Europe
12. Industry Landscape
12.1 Overview
12.2 Market Initiative
13. Company Profiles
13.1 Augean PLC
13.1.1 Key Facts
13.1.2 Business Description
13.1.3 Products and Services
13.1.4 Financial Overview
13.1.5 SWOT Analysis
13.1.6 Key Developments
13.2 Perma-Fix
13.2.1 Key Facts
13.2.2 Business Description
13.2.3 Products and Services
13.2.4 Financial Overview
13.2.5 SWOT Analysis
13.2.6 Key Developments
13.3 Svensk Kärnbränslehantering AB
13.3.1 Key Facts
13.3.2 Business Description
13.3.3 Products and Services
13.3.4 Financial Overview
13.3.5 SWOT Analysis
13.3.6 Key Developments
13.4 Ansaldo Energia S.p.A.
13.4.1 Key Facts
13.4.2 Business Description
13.4.3 Products and Services
13.4.4 Financial Overview
13.4.5 SWOT Analysis
13.4.6 Key Developments
13.5 Veolia
13.5.1 Key Facts
13.5.2 Business Description
13.5.3 Products and Services
13.5.4 Financial Overview
13.5.5 SWOT Analysis
13.5.6 Key Developments
13.6 EnergySolutions
13.6.1 Key Facts
13.6.2 Business Description
13.6.3 Products and Services
13.6.4 Financial Overview
13.6.5 SWOT Analysis
13.6.6 Key Developments
13.7 Bechtel Corporation
13.7.1 Key Facts
13.7.2 Business Description
13.7.3 Products and Services
13.7.4 Financial Overview
13.7.5 SWOT Analysis
13.7.6 Key Developments
14. Appendix
14.1 About The Insight Partners
14.2 Word Index
LIST OF TABLES
Table 1. Europe Nuclear Waste Management System Market – Revenue, and Forecast to 2028 (US$ Million)
Table 2. Germany: Nuclear Waste Management System Market- by Waste Type –Revenue and Forecast to 2028 (US$ Million)
Table 3. Germany: Nuclear Waste Management System Market- By Reactor Type –Revenue and Forecast to 2028 (US$ Million)
Table 4. Germany: Nuclear Waste Management System Market- By Disposal Options –Revenue and Forecast to 2028 (US$ Million)
Table 5. France: Nuclear Waste Management System Market- by Waste Type –Revenue and Forecast to 2028 (US$ Million)
Table 6. France: Nuclear Waste Management System Market- By Reactor Type –Revenue and Forecast to 2028 (US$ Million)
Table 7. France: Nuclear Waste Management System Market- By Disposal Options –Revenue and Forecast to 2028 (US$ Million)
Table 8. Italy: Nuclear Waste Management System Market- by Waste Type –Revenue and Forecast to 2028 (US$ Million)
Table 9. Italy: Nuclear Waste Management System Market- By Reactor Type –Revenue and Forecast to 2028 (US$ Million)
Table 10. Italy: Nuclear Waste Management System Market- By Disposal Options –Revenue and Forecast to 2028 (US$ Million)
Table 11. UK: Nuclear Waste Management System Market- by Waste Type –Revenue and Forecast to 2028 (US$ Million)
Table 12. UK: Nuclear Waste Management System Market- By Reactor Type –Revenue and Forecast to 2028 (US$ Million)
Table 13. UK: Nuclear Waste Management System Market- By Disposal Options –Revenue and Forecast to 2028 (US$ Million)
Table 14. Russia: Nuclear Waste Management System Market- by Waste Type –Revenue and Forecast to 2028 (US$ Million)
Table 15. Russia: Nuclear Waste Management System Market- By Reactor Type –Revenue and Forecast to 2028 (US$ Million)
Table 16. Russia: Nuclear Waste Management System Market- By Disposal Options –Revenue and Forecast to 2028 (US$ Million)
Table 17. Rest of Europe: Nuclear Waste Management System Market- by Waste Type –Revenue and Forecast to 2028 (US$ Million)
Table 18. Rest of Europe: Nuclear Waste Management System Market- By Reactor Type –Revenue and Forecast to 2028 (US$ Million)
Table 19. Rest of Europe: Nuclear Waste Management System Market- By Disposal Options –Revenue and Forecast to 2028 (US$ Million)
Table 20. List of Abbreviation
LIST OF FIGURES
Figure 1. Europe Nuclear Waste Management System Market Segmentation
Figure 2. Europe Nuclear Waste Management System Market Segmentation – By Country
Figure 3. Europe Nuclear Waste Management System Market Overview
Figure 4. Low-Level Waste Segment Held the Largest Market Share in 2020
Figure 5. Boiling Water Reactor Held the Largest Market Share in 2020
Figure 6. Near Surface Disposal Held the Largest Market Share in 2020
Figure 7. France was the Largest Revenue Contributor in 2020
Figure 8. Europe – PEST Analysis
Figure 9. Expert Opinion
Figure 10. Europe Nuclear Waste Management System Market Impact Analysis of Drivers and Restraints
Figure 11. Europe Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 12. Europe Nuclear Waste Management System Market Revenue Share, by Waste Type (2020 and 2028)
Figure 13. Europe Low-Level Waste: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 14. Europe High -Level Waste: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 15. Europe Intermediate-Level Waste: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 16. Europe Others: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 17. Europe Nuclear Waste Management System Market Revenue Share, by Reactor Type (2020 and 2028)
Figure 18. Europe Pressurized Water Reactor: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 19. Europe Boiling Water Reactor: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 20. Europe Gas-Cooled reactor: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 21. Europe Nuclear Waste Management System Market Revenue Share, by Disposal Option (2020 and 2028)
Figure 22. Europe Near-Surface Disposal: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 23. Europe Deep Geological Disposal: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 24. Europe: Nuclear Waste Management System Market – Revenue (2020) (US$ Million)
Figure 25. Europe: Nuclear Waste Management System Market Revenue Share, By Key Country (2020 and 2028)
Figure 26. Germany: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. France: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 28. Italy: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 29. UK: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 30. Russia: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 31. Rest of Europe: Nuclear Waste Management System Market – Revenue and Forecast to 2028 (US$ Million)
Figure 32. Impact of COVID-19 Pandemic in Europe Country Markets
- Ansaldo Energia S.p.A.
- Augean PLC
- Bechtel Corporation
- Energysolutions
- Perma-Fix
- Svensk Kärnbränslehantering AB
- Veolia
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