Market Size of France Nuclear Power Reactor Decommissioning Industry
| Study Period | 2020 - 2029 |
| Base Year For Estimation | 2023 |
| Forecast Data Period | 2024 - 2029 |
| Historical Data Period | 2020 - 2022 |
| CAGR | > 4.00 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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France Nuclear Power Reactor Decommissioning Market Analysis
The France Nuclear Power Reactor Decommissioning Market is expected to rise at a CAGR of over 4% during the forecast period.
COVID-19 negatively impacted the market in 2020. Presently the market has reached pre-pandemic levels.
- Over the medium term, the increasing age of existing nuclear power plants and many power plants reaching retirement age in the country is expected to drive the market during the forecasted period.
- On the other hand, the high cost of decommissioning plants is the major restraint expected to hinder the market's growth during the forecasted period.
- Nevertheless, the French government's strategy of reducing the energy generated through nuclear energy and increasing the share of renewable energy is expected to create significant opportunities for the France Nuclear Power Reactor Decommissioning Market.
