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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 | Jun 2016

Fallout: Public nuclear safety concerns have limited industry plant growth

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
Annual Growth 11-16
Annual Growth 16-21
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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, as well as idle operations due to the recession. 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 SWOT Analysis Chapter

The industry’s product is well established and, as a result, production and revenue both tend to follow trends in overall economic growth. However, industry value added (IVA), a measure of the industry’s contribution to the overall economy, is anticipated to fall an average of 0.5% annually in the 10 years to 2021; US GDP is forecast to increase at an average rate of 2.1% annually over the same period. IVA decline is due to relatively stagnant electricity price growth over the past five years and the difficult nature of obtaining a permit to build new nuclear plants. Nevertheless, the industry is mature because it is a major source of electricity for the United States and will remain so over the next five years.

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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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