PUBLISHER: WinterGreen Research, Inc. | PRODUCT CODE: 1448839
PUBLISHER: WinterGreen Research, Inc. | PRODUCT CODE: 1448839
Small Modular Reactors (SMRs) Market Participants, Strategy, and Forecasts.
Small Modular Reactors (SMRs) offer energy density that will generate 4 trillion dollar markets by 2050 - non-carbon power-producing nuclear reactors that are modular. SMR systems are in use in submarines, ice breakers, space, hospitals, ships, Russia, China, and storage devices. The nuclear energy dense systems are used to replace existing coal plants worldwide.
Small modular reactors (SMRs) can be assembled in-factory, transported by ship or train, installed on site and connected to the electricity grid in a short time, significantly reducing the financial burden of the investment. SMR nuclear energy reactor equipment markets leverage compelling new technology for reactors and fuel.
Figure 1.
SMR Nuclear Energy Equipment Applications
Source: WinterGreen Research, Inc.