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Nuclear Power in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Nuclear Power Market Research Report | NAICS 22111b | Jul 2014

It's electrifying: Despite revenue increases, profit margins will be held down by rising uranium costs

IBISWorld’s Nuclear Power market research report is a comprehensive guide to market size and growth prospects. Our industry reports offer strategic industry analysis of the factors influencing companies, including new product developments, economic, lifestyle and demographic influences, distribution and supply chain factors and pricing issues. Full analysis accompanies our data forecasts to illustrate how the market responds to emerging industry trends.

Report Snapshot
Market Share of Companies
Industry Statistics & Market Size
Revenue
$26bn
Annual Growth 09-14
-2.3%
Annual Growth 14-19
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Profit
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Employment
30,811
Businesses
65
Industry Analysis & Industry Trends

The Nuclear Power industry has steadily contracted over the past five years due to falling nuclear power generation and stagnant electricity price growth. However, companies in the industry are poised to benefit from favorable market conditions over the next five years. In the midst of a growing economy, electricity demand is expected to rise as industry operators and consumers use more energy... purchase to read more

Industry Report - Industry Analysis Chapter

The Nuclear Power industry has experienced moderate contraction over the past five years. No new nuclear power stations have come on line since 1996; instead, power generators have increasingly used uprates (i.e. improvements in nuclear electricity-generating capacity) to maximize the quantity of nuclear power available for sale to downstream customers. Uprates proved insufficient, and nuclear power generation is anticipated to fall at an annualized rate of 0.9% in the five years to 2014. Real electricity prices also declined over the past five years, putting additional downward pressure on industry revenue. As a result, IBISWorld expects industry revenue to fall at an average annual rate of 2.3%, to $25.8 billion in the five years to 2014... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Nuclear Power Industry?

This industry consists of companies that operate nuclear-powered, electricity generation plants. The power plants use nuclear fuel to generate steam, which in turn is used to power turbines that generate electric power. The electricity reaches end-users via transmission or distribution systems. This industry excludes government-owned nuclear facilities.

Industry Products
Nuclear generation from utilitiesNuclear generation from independent power producers
 
Industry Activities
Generating nuclear electric power


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