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Report Description

Report Description

Forecast Period

2027-2031

Market Size (2025)

USD 71.73 Billion

CAGR (2026-2031)

5.59%

Fastest Growing Segment

Operations Management

Largest Market

North America

Market Size (2031)

USD 99.41 Billion

Market Overview

The Global Nuclear Plant Services Market will grow from USD 71.73 Billion in 2025 to USD 99.41 Billion by 2031 at a 5.59% CAGR. The Global Nuclear Plant Services Market comprises the essential technical, operational, and maintenance activities required to ensure the safety, compliance, and efficiency of nuclear power generation facilities throughout their lifecycle. Market growth is fundamentally driven by the critical necessity to refurbish and extend the operational licenses of aging infrastructure, coupled with the rising global imperative for reliable low-carbon baseload energy to support decarbonization targets. These structural drivers necessitate rigorous inspection, engineering, and waste management interventions that sustain reactor reliability independent of temporary market shifts.

According to the World Nuclear Association, in 2024, nuclear reactors worldwide generated a record 2,667 TWh of electricity. However, the sector faces a significant impediment regarding the scarcity of a specialized skilled workforce which complicates the execution of complex technical projects. The retirement of experienced nuclear professionals, combined with insufficient new talent entering the field, threatens to delay critical maintenance schedules and limits the industry's capacity to scale operations effectively.

Key Market Drivers

Aging nuclear infrastructure and life extension programs represent the primary structural driver for the services market as utilities prioritize refurbishing existing assets over costly greenfield projects. This strategic shift necessitates extensive technical interventions, including component replacements and regulatory safety assessments, to prolong reactor operation beyond original design lifespans. The financial commitment to these activities highlights the sector's reliance on specialized service providers for complex restarts and license renewals. According to the U.S. Department of Energy, March 2024, in the 'LPO Announces Conditional Commitment to Holtec Palisades' press release, the government finalized a conditional commitment of up to $1.52 billion for a loan guarantee to finance the restoration and service resumption of the Palisades Nuclear Plant.

The development and deployment of Small Modular Reactors (SMRs) creates a parallel growth trajectory by demanding novel engineering and site characterization services tailored to modular designs. These units require specialized supply chain integration, prompting major technology firms to partner directly with nuclear service developers. According to Amazon.com Inc., October 2024, in the 'Amazon and X-energy' announcement, the company anchored a $500 million investment round in X-energy to support the deployment of advanced SMR technology. This capital influx underscores the broadening market scope, further supported by rising output projections. According to the International Energy Agency, in 2024, global nuclear generation is forecast to grow by 3.5% in 2025, signaling sustained demand for operational support.

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Key Market Challenges

The scarcity of a specialized skilled workforce presents a formidable barrier to the sustained expansion of the Global Nuclear Plant Services Market. This labor shortage directly impacts the ability of service providers to execute complex refurbishment and maintenance projects on schedule. As nuclear facilities require highly specific technical certifications and safety clearances, the pool of available talent is naturally limited. When experienced personnel retire without a sufficient pipeline of trained replacements, utilities are forced to delay critical outages or rely on expensive contractors. These delays disrupt the continuity of power generation and increase operational costs, ultimately eroding the profit margins necessary for reinvestment in service upgrades.

Furthermore, this talent deficit restricts the industry's capacity to handle simultaneous large-scale projects, effectively putting a cap on market growth. Service providers often decline lucrative contracts simply because they lack the qualified engineering teams to fulfill them. This constraint is evident in major markets where workforce numbers are rising but fail to keep pace with demand. According to the Nuclear Industry Association, in 2024, the civil nuclear workforce in the UK reached 86,908 employees, yet the sector continues to report significant recruitment gaps that threaten to bottleneck the delivery of essential new infrastructure and decommissioning services.

Key Market Trends

The Integration of AI-Driven Predictive Maintenance Models is fundamentally reshaping asset management strategies by transitioning utilities from schedule-based to condition-based intervention protocols. Service providers are increasingly deploying generative artificial intelligence and digital twins to synthesize decades of operational data, allowing for the precise anticipation of component failures before they disrupt generation. This technological evolution minimizes unplanned outages and optimizes the deployment of engineering resources by predicting degradation patterns in real-time. Demonstrating the industry's commitment to this innovation, according to Westinghouse Electric Company, July 2025, in the 'Westinghouse to Accelerate US Nuclear Reactor Construction and Enhance Operations with Google Cloud AI' press release, the firm announced a strategic collaboration to deploy proprietary AI solutions like HiVE and Bertha to autonomously generate work packages and enhance fleet operations. These advanced tools enable operators to significantly reduce maintenance overheads while ensuring compliance with stringent regulatory safety margins.

The Expansion of Immediate Dismantling and Site Remediation Projects is simultaneously accelerating, driven by the accumulation of legacy waste and the strategic necessity to clear sites for future energy use. Specialized firms are securing high-value contracts to manage the complex radiological characterization, decontamination, and waste conditioning required before full site release. This shift emphasizes the monetization of the back end of the fuel cycle, moving beyond simple demolition to comprehensive environmental restoration and cross-border waste logistics. Highlighting this surge in activity, according to Orano, February 2025, in the 'Exceptional 2024 results driven by Back End export contracts' press release, the company secured contracts totaling nearly €1 billion with Japanese utilities specifically for the return and management of nuclear waste. These agreements reflect a maturing market where specialized waste remediation services are becoming critical to closing the operational lifecycle of nuclear assets.

Segmental Insights

Operations Management identifies as the fastest-growing segment in the Global Nuclear Plant Services Market, propelled by the urgent need to extend the operational life of aging nuclear infrastructure. Power utilities are prioritizing these services to optimize efficiency and ensure adherence to rigorous safety standards mandated by organizations such as the International Atomic Energy Agency. This segment growth is further supported by the increasing complexity of regulatory compliance and the strategic imperative to minimize downtime. Consequently, operators are heavily investing in specialized management expertise to sustain reliable energy production and navigate the challenges of maintaining older facilities.

Regional Insights

North America maintains a dominant position in the global nuclear plant services market, primarily driven by its extensive fleet of operational nuclear reactors. The region focuses heavily on extending the operational lifespan of existing facilities, which creates sustained demand for maintenance, inspection, and modernization services. Furthermore, stringent safety mandates enforced by the U.S. Nuclear Regulatory Commission compel operators to strictly adhere to compliance standards. These regulatory requirements, coupled with the critical need for grid stability, ensure a continuous investment in essential services to support long-term asset reliability across the region.

Recent Developments

  • In October 2025, BWX Technologies announced that it had received a contract totaling approximately $174 million from the U.S. Naval Nuclear Propulsion Program to manufacture naval nuclear reactor fuel. Under this agreement, the company's subsidiary was tasked with producing and delivering fuel components for the U.S. Navy's fleet of submarines and aircraft carriers. The manufacturing work commenced at the firm's highly secure facility in Tennessee, with completion targeted for the summer of 2026. The President of the company's Nuclear Operations Group emphasized the organization's dedication to maintaining the high quality required to support the Navy's global missions.
  • In July 2025, Westinghouse Electric Company announced a strategic collaboration with Google Cloud to integrate artificial intelligence tools into the nuclear industry. This partnership aimed to utilize proprietary nuclear data and advanced digital technologies to streamline the construction of new reactors and enhance the operational performance of existing nuclear power plants. The initiative focused on using data-driven insights to optimize work packages and improve project delivery efficiency. The Interim Chief Executive Officer of Westinghouse highlighted that combining their nuclear expertise with cloud technologies would accelerate the deployment of carbon-free energy solutions across the grid.
  • In April 2024, Framatome signed contracts worth multiple billions of euros to support the construction and long-term operation of the Sizewell C nuclear power station in the United Kingdom. These agreements encompassed the delivery of two nuclear heat production systems, spanning design, supply, and commissioning phases. Furthermore, the company secured a long-term deal to fabricate the necessary fuel for the reactors and provide ongoing maintenance services to ensure the plant's reliability. The Chief Executive Officer of Framatome expressed pride in contributing to the UK's energy goals by delivering a project that replicated the design of the Hinkley Point C facility.
  • In January 2024, Jacobs Solutions was awarded a contract valued at $132 million by the United Kingdom's Ministry of Defence to provide research and technology services for the naval nuclear propulsion program. The agreement, scheduled to run until 2032, tasked the company with delivering technical support for the reactors powering the Royal Navy's submarines, as well as assisting in the development of future propulsion plants. A Vice President at Jacobs noted that the firm would leverage its long-standing experience in nuclear engineering and materials science to support national security objectives and ensure the continued safe operation of the submarine fleet.

Key Market Players

  • Westinghouse Electric Company LLC
  • Bechtel Corporation
  • Jacobs Solutions Inc.
  • General Electric Company
  • Fluor Corporation
  • Larsen & Toubro Limited
  • EDF Energy Limited
  • AtkinsRealis Group Inc.

By Plant Type

By Services

By Region

  • Pressured
  • Boiling
  • Pressurized Heavy Water Plants
  • Gas Cooled Plants
  • Plant Commissioning
  • Operations Management
  • Laboratory Management
  • Safety & Environmental Services
  • Emergency Response Services
  • Modernization
  • Decontamination & Decommissioning
  • Quality Management
  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Report Scope:

In this report, the Global Nuclear Plant Services Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

  • Nuclear Plant Services Market, By Plant Type:
  • Pressured
  • Boiling
  • Pressurized Heavy Water Plants
  • Gas Cooled Plants
  • Nuclear Plant Services Market, By Services:
  • Plant Commissioning
  • Operations Management
  • Laboratory Management
  • Safety & Environmental Services
  • Emergency Response Services
  • Modernization
  • Decontamination & Decommissioning
  • Quality Management
  • Nuclear Plant Services Market, By Region:
  • North America
    • United States
    • Canada
    • Mexico
  • Europe
    • France
    • United Kingdom
    • Italy
    • Germany
    • Spain
  • Asia Pacific
    • China
    • India
    • Japan
    • Australia
    • South Korea
  • South America
    • Brazil
    • Argentina
    • Colombia
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Nuclear Plant Services Market.

Available Customizations:

Global Nuclear Plant Services Market report with the given market data, TechSci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Nuclear Plant Services Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.  Markets Covered

1.2.2.  Years Considered for Study

1.2.3.  Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, Trends

4.    Voice of Customer

5.    Global Nuclear Plant Services Market Outlook

5.1.  Market Size & Forecast

5.1.1.  By Value

5.2.  Market Share & Forecast

5.2.1.  By Plant Type (Pressured, Boiling, Pressurized Heavy Water Plants, Gas Cooled Plants)

5.2.2.  By Services (Plant Commissioning, Operations Management, Laboratory Management, Safety & Environmental Services, Emergency Response Services, Modernization, Decontamination & Decommissioning, Quality Management)

5.2.3.  By Region

5.2.4.  By Company (2025)

5.3.  Market Map

6.    North America Nuclear Plant Services Market Outlook

6.1.  Market Size & Forecast

6.1.1.  By Value

6.2.  Market Share & Forecast

6.2.1.  By Plant Type

6.2.2.  By Services

6.2.3.  By Country

6.3.    North America: Country Analysis

6.3.1.    United States Nuclear Plant Services Market Outlook

6.3.1.1.  Market Size & Forecast

6.3.1.1.1.  By Value

6.3.1.2.  Market Share & Forecast

6.3.1.2.1.  By Plant Type

6.3.1.2.2.  By Services

6.3.2.    Canada Nuclear Plant Services Market Outlook

6.3.2.1.  Market Size & Forecast

6.3.2.1.1.  By Value

6.3.2.2.  Market Share & Forecast

6.3.2.2.1.  By Plant Type

6.3.2.2.2.  By Services

6.3.3.    Mexico Nuclear Plant Services Market Outlook

6.3.3.1.  Market Size & Forecast

6.3.3.1.1.  By Value

6.3.3.2.  Market Share & Forecast

6.3.3.2.1.  By Plant Type

6.3.3.2.2.  By Services

7.    Europe Nuclear Plant Services Market Outlook

7.1.  Market Size & Forecast

7.1.1.  By Value

7.2.  Market Share & Forecast

7.2.1.  By Plant Type

7.2.2.  By Services

7.2.3.  By Country

7.3.    Europe: Country Analysis

7.3.1.    Germany Nuclear Plant Services Market Outlook

7.3.1.1.  Market Size & Forecast

7.3.1.1.1.  By Value

7.3.1.2.  Market Share & Forecast

7.3.1.2.1.  By Plant Type

7.3.1.2.2.  By Services

7.3.2.    France Nuclear Plant Services Market Outlook

7.3.2.1.  Market Size & Forecast

7.3.2.1.1.  By Value

7.3.2.2.  Market Share & Forecast

7.3.2.2.1.  By Plant Type

7.3.2.2.2.  By Services

7.3.3.    United Kingdom Nuclear Plant Services Market Outlook

7.3.3.1.  Market Size & Forecast

7.3.3.1.1.  By Value

7.3.3.2.  Market Share & Forecast

7.3.3.2.1.  By Plant Type

7.3.3.2.2.  By Services

7.3.4.    Italy Nuclear Plant Services Market Outlook

7.3.4.1.  Market Size & Forecast

7.3.4.1.1.  By Value

7.3.4.2.  Market Share & Forecast

7.3.4.2.1.  By Plant Type

7.3.4.2.2.  By Services

7.3.5.    Spain Nuclear Plant Services Market Outlook

7.3.5.1.  Market Size & Forecast

7.3.5.1.1.  By Value

7.3.5.2.  Market Share & Forecast

7.3.5.2.1.  By Plant Type

7.3.5.2.2.  By Services

8.    Asia Pacific Nuclear Plant Services Market Outlook

8.1.  Market Size & Forecast

8.1.1.  By Value

8.2.  Market Share & Forecast

8.2.1.  By Plant Type

8.2.2.  By Services

8.2.3.  By Country

8.3.    Asia Pacific: Country Analysis

8.3.1.    China Nuclear Plant Services Market Outlook

8.3.1.1.  Market Size & Forecast

8.3.1.1.1.  By Value

8.3.1.2.  Market Share & Forecast

8.3.1.2.1.  By Plant Type

8.3.1.2.2.  By Services

8.3.2.    India Nuclear Plant Services Market Outlook

8.3.2.1.  Market Size & Forecast

8.3.2.1.1.  By Value

8.3.2.2.  Market Share & Forecast

8.3.2.2.1.  By Plant Type

8.3.2.2.2.  By Services

8.3.3.    Japan Nuclear Plant Services Market Outlook

8.3.3.1.  Market Size & Forecast

8.3.3.1.1.  By Value

8.3.3.2.  Market Share & Forecast

8.3.3.2.1.  By Plant Type

8.3.3.2.2.  By Services

8.3.4.    South Korea Nuclear Plant Services Market Outlook

8.3.4.1.  Market Size & Forecast

8.3.4.1.1.  By Value

8.3.4.2.  Market Share & Forecast

8.3.4.2.1.  By Plant Type

8.3.4.2.2.  By Services

8.3.5.    Australia Nuclear Plant Services Market Outlook

8.3.5.1.  Market Size & Forecast

8.3.5.1.1.  By Value

8.3.5.2.  Market Share & Forecast

8.3.5.2.1.  By Plant Type

8.3.5.2.2.  By Services

9.    Middle East & Africa Nuclear Plant Services Market Outlook

9.1.  Market Size & Forecast

9.1.1.  By Value

9.2.  Market Share & Forecast

9.2.1.  By Plant Type

9.2.2.  By Services

9.2.3.  By Country

9.3.    Middle East & Africa: Country Analysis

9.3.1.    Saudi Arabia Nuclear Plant Services Market Outlook

9.3.1.1.  Market Size & Forecast

9.3.1.1.1.  By Value

9.3.1.2.  Market Share & Forecast

9.3.1.2.1.  By Plant Type

9.3.1.2.2.  By Services

9.3.2.    UAE Nuclear Plant Services Market Outlook

9.3.2.1.  Market Size & Forecast

9.3.2.1.1.  By Value

9.3.2.2.  Market Share & Forecast

9.3.2.2.1.  By Plant Type

9.3.2.2.2.  By Services

9.3.3.    South Africa Nuclear Plant Services Market Outlook

9.3.3.1.  Market Size & Forecast

9.3.3.1.1.  By Value

9.3.3.2.  Market Share & Forecast

9.3.3.2.1.  By Plant Type

9.3.3.2.2.  By Services

10.    South America Nuclear Plant Services Market Outlook

10.1.  Market Size & Forecast

10.1.1.  By Value

10.2.  Market Share & Forecast

10.2.1.  By Plant Type

10.2.2.  By Services

10.2.3.  By Country

10.3.    South America: Country Analysis

10.3.1.    Brazil Nuclear Plant Services Market Outlook

10.3.1.1.  Market Size & Forecast

10.3.1.1.1.  By Value

10.3.1.2.  Market Share & Forecast

10.3.1.2.1.  By Plant Type

10.3.1.2.2.  By Services

10.3.2.    Colombia Nuclear Plant Services Market Outlook

10.3.2.1.  Market Size & Forecast

10.3.2.1.1.  By Value

10.3.2.2.  Market Share & Forecast

10.3.2.2.1.  By Plant Type

10.3.2.2.2.  By Services

10.3.3.    Argentina Nuclear Plant Services Market Outlook

10.3.3.1.  Market Size & Forecast

10.3.3.1.1.  By Value

10.3.3.2.  Market Share & Forecast

10.3.3.2.1.  By Plant Type

10.3.3.2.2.  By Services

11.    Market Dynamics

11.1.  Drivers

11.2.  Challenges

12.    Market Trends & Developments

12.1.  Merger & Acquisition (If Any)

12.2.  Product Launches (If Any)

12.3.  Recent Developments

13.    Global Nuclear Plant Services Market: SWOT Analysis

14.    Porter's Five Forces Analysis

14.1.  Competition in the Industry

14.2.  Potential of New Entrants

14.3.  Power of Suppliers

14.4.  Power of Customers

14.5.  Threat of Substitute Products

15.    Competitive Landscape

15.1.  Westinghouse Electric Company LLC

15.1.1.  Business Overview

15.1.2.  Products & Services

15.1.3.  Recent Developments

15.1.4.  Key Personnel

15.1.5.  SWOT Analysis

15.2.  Bechtel Corporation

15.3.  Jacobs Solutions Inc.

15.4.  General Electric Company

15.5.  Fluor Corporation

15.6.  Larsen & Toubro Limited

15.7.  EDF Energy Limited

15.8.  AtkinsRealis Group Inc.

16.    Strategic Recommendations

17.    About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the Global Nuclear Plant Services Market was estimated to be USD 71.73 Billion in 2025.

North America is the dominating region in the Global Nuclear Plant Services Market.

Operations Management segment is the fastest growing segment in the Global Nuclear Plant Services Market.

The Global Nuclear Plant Services Market is expected to grow at 5.59% between 2026 to 2031.

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