Nuclear Microreactor Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application

By: HDIN Research Published: 2025-04-07 Pages: 86
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Nuclear Microreactor Market Summary
Introduction
Nuclear microreactors are compact, modular nuclear power systems designed to deliver small-scale, reliable energy for defense, remote civil power, industrial applications, and space missions. The industry is characterized by its focus on safety, scalability, and low carbon emissions, addressing energy needs in isolated or high-demand settings. These systems offer advantages over traditional reactors, including rapid deployment and reduced infrastructure needs, driven by global decarbonization goals and technological advancements in nuclear engineering.

Market Size and Growth Forecast
The global nuclear microreactor market was valued at USD 210 million to USD 340 million in 2024, with a projected CAGR of 8.0% to 10.0% from 2025 to 2030. Growth is driven by energy resilience and space exploration demands.

Regional Analysis
North America grows at 8-10%, with the United States leading due to defense and tech investments; trends focus on modular designs.
Europe experiences a growth rate of 7.5-9.5%, with the UK advancing through energy innovation; trends emphasize sustainability.
Asia Pacific sees a growth rate of 8.5-10.5%, led by Japan’s nuclear expertise; trends highlight industrial power.
The Rest of the World grows at 7-9%, with Australia exploring remote energy; trends focus on civil applications.

Application Analysis
Defence grows at 8.5-10.5%, powering military bases; trends favor portability.
Remote Civil Power grows at 7.5-9.5%, serving off-grid areas; trends emphasize reliability.
Remote Industrial Power grows at 8-10%, supporting mining and oil; trends focus on scalability.
Power in Space grows at 9-11%, aiding space missions; trends explore compact designs.

Key Market Players
Rolls-Royce, from London, UK, develops microreactors for defense and civil use.
Westinghouse Electric, based in Cranberry Township, Pennsylvania, USA, focuses on scalable nuclear solutions.
Toshiba, headquartered in Tokyo, Japan, offers compact reactor technologies.
X-energy, from Rockville, Maryland, USA, pioneers advanced microreactor designs.
NANO Nuclear Energy, based in New York, USA, targets portable nuclear power.
BWXT Technologies, from Lynchburg, Virginia, USA, excels in defense applications.
Japan Atomic Energy Agency, from Tokai, Japan, advances nuclear research.
Mitsubishi Heavy Industries, headquartered in Tokyo, Japan, focuses on industrial power.
OKB Gidropress, from Russia, provides robust reactor designs.
NuScale, based in Portland, Oregon, USA, leads in modular nuclear systems.

Porter’s Five Forces Analysis
●The threat of new entrants is low, with high regulatory and technical barriers.
●The threat of substitutes is moderate, as renewables compete but lack reliability.
●Buyer power is low, with limited customers like governments.
●Supplier power is moderate, with specialized fuel needs.
●Competitive rivalry is moderate, with innovation driving differentiation.

Market Opportunities and Challenges
Opportunities
●Decarbonization goals boost demand.
●Space exploration expands applications.
●Remote energy needs grow.
Challenges
●Regulatory hurdles delay deployment.
●Public perception of nuclear risks persists.
●High development costs limit scalability.

Merger and Acquisition News
NANO Nuclear Energy Closes Acquisition of MMR® and Pylon Technologies (Date: August 2024): This enhances portable reactor offerings, accelerating market entry.
New York Company Acquires Bankrupt Nuclear Startup Assets (Date: September 2024): This bolsters microreactor IP, strengthening competition.
Google Buys Nuclear Power for AI Datacenters (Date: October 2024): This pioneers industrial use, driving demand.

Growth Trend Analysis
Last Energy’s 2024 Texan microreactor plant targets industrial power, boosting adoption. Westinghouse and Radiant’s 2024 milestones in small reactors enhance scalability. DOE’s $150 billion outage cost estimate, with 80% weather-related, underscores reliability needs, supporting an 8-10% CAGR through 2030.
Table of Contents
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Nuclear Microreactor Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Trading Analysis
8.1 Export of Nuclear Microreactor by Region
8.2 Import of Nuclear Microreactor by Region
8.3 Balance of Trade
Chapter 9 Historical and Forecast Nuclear Microreactor Market in North America (2020-2030)
9.1 Nuclear Microreactor Market Size
9.2 Nuclear Microreactor Demand by End Use
9.3 Competition by Players/Suppliers
9.4 Type Segmentation and Price
9.5 Key Countries Analysis
9.5.1 United States
9.5.2 Canada
9.5.3 Mexico
Chapter 10 Historical and Forecast Nuclear Microreactor Market in South America (2020-2030)
10.1 Nuclear Microreactor Market Size
10.2 Nuclear Microreactor Demand by End Use
10.3 Competition by Players/Suppliers
10.4 Type Segmentation and Price
10.5 Key Countries Analysis
10.5.1 Brazil
10.5.2 Argentina
10.5.3 Chile
10.5.4 Peru
Chapter 11 Historical and Forecast Nuclear Microreactor Market in Asia & Pacific (2020-2030)
11.1 Nuclear Microreactor Market Size
11.2 Nuclear Microreactor Demand by End Use
11.3 Competition by Players/Suppliers
11.4 Type Segmentation and Price
11.5 Key Countries Analysis
11.5.1 China
11.5.2 India
11.5.3 Japan
11.5.4 South Korea
11.5.5 Southest Asia
11.5.6 Australia
Chapter 12 Historical and Forecast Nuclear Microreactor Market in Europe (2020-2030)
12.1 Nuclear Microreactor Market Size
12.2 Nuclear Microreactor Demand by End Use
12.3 Competition by Players/Suppliers
12.4 Type Segmentation and Price
12.5 Key Countries Analysis
12.5.1 Germany
12.5.2 France
12.5.3 United Kingdom
12.5.4 Italy
12.5.5 Spain
12.5.6 Belgium
12.5.7 Netherlands
12.5.8 Austria
12.5.9 Poland
12.5.10 Russia
Chapter 13 Historical and Forecast Nuclear Microreactor Market in MEA (2020-2030)
13.1 Nuclear Microreactor Market Size
13.2 Nuclear Microreactor Demand by End Use
13.3 Competition by Players/Suppliers
13.4 Type Segmentation and Price
13.5 Key Countries Analysis
13.5.1 Egypt
13.5.2 Israel
13.5.3 South Africa
13.5.4 Gulf Cooperation Council Countries
13.5.5 Turkey
Chapter 14 Summary For Global Nuclear Microreactor Market (2020-2025)
14.1 Nuclear Microreactor Market Size
14.2 Nuclear Microreactor Demand by End Use
14.3 Competition by Players/Suppliers
14.4 Type Segmentation and Price
Chapter 15 Global Nuclear Microreactor Market Forecast (2025-2030)
15.1 Nuclear Microreactor Market Size Forecast
15.2 Nuclear Microreactor Demand Forecast
15.3 Competition by Players/Suppliers
15.4 Type Segmentation and Price Forecast
Chapter 16 Analysis of Global Key Vendors
15.1 Rolls-Royce
15.1.1 Company Profile
15.1.2 Main Business and Nuclear Microreactor Information
15.1.3 SWOT Analysis of Rolls-Royce
15.1.4 Rolls-Royce Nuclear Microreactor Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 Westinghouse Electric
15.2.1 Company Profile
15.2.2 Main Business and Nuclear Microreactor Information
15.2.3 SWOT Analysis of Westinghouse Electric
15.2.4 Westinghouse Electric Nuclear Microreactor Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 Toshiba
15.3.1 Company Profile
15.3.2 Main Business and Nuclear Microreactor Information
15.3.3 SWOT Analysis of Toshiba
15.3.4 Toshiba Nuclear Microreactor Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 X-energy
15.4.1 Company Profile
15.4.2 Main Business and Nuclear Microreactor Information
15.4.3 SWOT Analysis of X-energy
15.4.4 X-energy Nuclear Microreactor Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 NANO Nuclear Energy
15.5.1 Company Profile
15.5.2 Main Business and Nuclear Microreactor Information
15.5.3 SWOT Analysis of NANO Nuclear Energy
15.5.4 NANO Nuclear Energy Nuclear Microreactor Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 BWXT Technologies
15.6.1 Company Profile
15.6.2 Main Business and Nuclear Microreactor Information
15.6.3 SWOT Analysis of BWXT Technologies
15.6.4 BWXT Technologies Nuclear Microreactor Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Table Abbreviation And Acronyms List
Table Research Scope Of Nuclear Microreactor Report
Table Data Sources Of Nuclear Microreactor Report
Table Major Assumptions Of Nuclear Microreactor Report
Table Nuclear Microreactor Classification
Table Nuclear Microreactor Applications List
Table Drivers Of Nuclear Microreactor Market
Table Restraints Of Nuclear Microreactor Market
Table Opportunities Of Nuclear Microreactor Market
Table Threats Of Nuclear Microreactor Market
Table Raw Materials Suppliers List
Table Different Production Methods Of Nuclear Microreactor
Table Cost Structure Analysis Of Nuclear Microreactor
Table Key End Users List
Table Latest News Of Nuclear Microreactor Market
Table Merger And Acquisition List
Table Planned/Future Project Of Nuclear Microreactor Market
Table Policy Of Nuclear Microreactor Market
Table 2020-2030 Regional Export Of Nuclear Microreactor
Table 2020-2030 Regional Import Of Nuclear Microreactor
Table 2020-2030 Regional Trade Balance
Table 2020-2030 North America Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 North America Nuclear Microreactor Demand List By Application
Table 2020-2025 North America Nuclear Microreactor Key Players Sales List
Table 2020-2025 North America Nuclear Microreactor Key Players Market Share List
Table 2020-2030 North America Nuclear Microreactor Demand List By Type
Table 2020-2025 North America Nuclear Microreactor Price List By Type
Table 2020-2030 United States Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 United States Nuclear Microreactor Import & Export List
Table 2020-2030 Canada Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Canada Nuclear Microreactor Import & Export List
Table 2020-2030 Mexico Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Mexico Nuclear Microreactor Import & Export List
Table 2020-2030 South America Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 South America Nuclear Microreactor Demand List By Application
Table 2020-2025 South America Nuclear Microreactor Key Players Sales List
Table 2020-2025 South America Nuclear Microreactor Key Players Market Share List
Table 2020-2030 South America Nuclear Microreactor Demand List By Type
Table 2020-2025 South America Nuclear Microreactor Price List By Type
Table 2020-2030 Brazil Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Brazil Nuclear Microreactor Import & Export List
Table 2020-2030 Argentina Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Argentina Nuclear Microreactor Import & Export List
Table 2020-2030 Chile Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Chile Nuclear Microreactor Import & Export List
Table 2020-2030 Peru Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Peru Nuclear Microreactor Import & Export List
Table 2020-2030 Asia & Pacific Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Asia & Pacific Nuclear Microreactor Demand List By Application
Table 2020-2025 Asia & Pacific Nuclear Microreactor Key Players Sales List
Table 2020-2025 Asia & Pacific Nuclear Microreactor Key Players Market Share List
Table 2020-2030 Asia & Pacific Nuclear Microreactor Demand List By Type
Table 2020-2025 Asia & Pacific Nuclear Microreactor Price List By Type
Table 2020-2030 China Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 China Nuclear Microreactor Import & Export List
Table 2020-2030 India Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 India Nuclear Microreactor Import & Export List
Table 2020-2030 Japan Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Japan Nuclear Microreactor Import & Export List
Table 2020-2030 South Korea Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 South Korea Nuclear Microreactor Import & Export List
Table 2020-2030 Southeast Asia Nuclear Microreactor Market Size List
Table 2020-2030 Southeast Asia Nuclear Microreactor Market Volume List
Table 2020-2030 Southeast Asia Nuclear Microreactor Import List
Table 2020-2030 Southeast Asia Nuclear Microreactor Export List
Table 2020-2030 Australia Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Australia Nuclear Microreactor Import & Export List
Table 2020-2030 Europe Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Europe Nuclear Microreactor Demand List By Application
Table 2020-2025 Europe Nuclear Microreactor Key Players Sales List
Table 2020-2025 Europe Nuclear Microreactor Key Players Market Share List
Table 2020-2030 Europe Nuclear Microreactor Demand List By Type
Table 2020-2025 Europe Nuclear Microreactor Price List By Type
Table 2020-2030 Germany Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Germany Nuclear Microreactor Import & Export List
Table 2020-2030 France Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 France Nuclear Microreactor Import & Export List
Table 2020-2030 United Kingdom Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 United Kingdom Nuclear Microreactor Import & Export List
Table 2020-2030 Italy Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Italy Nuclear Microreactor Import & Export List
Table 2020-2030 Spain Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Spain Nuclear Microreactor Import & Export List
Table 2020-2030 Belgium Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Belgium Nuclear Microreactor Import & Export List
Table 2020-2030 Netherlands Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Netherlands Nuclear Microreactor Import & Export List
Table 2020-2030 Austria Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Austria Nuclear Microreactor Import & Export List
Table 2020-2030 Poland Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Poland Nuclear Microreactor Import & Export List
Table 2020-2030 Russia Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Russia Nuclear Microreactor Import & Export List
Table 2020-2030 Mea Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Mea Nuclear Microreactor Demand List By Application
Table 2020-2025 Mea Nuclear Microreactor Key Players Sales List
Table 2020-2025 Mea Nuclear Microreactor Key Players Market Share List
Table 2020-2030 Mea Nuclear Microreactor Demand List By Type
Table 2020-2025 Mea Nuclear Microreactor Price List By Type
Table 2020-2030 Egypt Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Egypt Nuclear Microreactor Import & Export List
Table 2020-2030 Israel Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Israel Nuclear Microreactor Import & Export List
Table 2020-2030 South Africa Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 South Africa Nuclear Microreactor Import & Export List
Table 2020-2030 Gulf Cooperation Council Countries Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Gulf Cooperation Council Countries Nuclear Microreactor Import & Export List
Table 2020-2030 Turkey Nuclear Microreactor Market Size And Market Volume List
Table 2020-2030 Turkey Nuclear Microreactor Import & Export List
Table 2020-2025 Global Nuclear Microreactor Market Size List By Region
Table 2020-2025 Global Nuclear Microreactor Market Size Share List By Region
Table 2020-2025 Global Nuclear Microreactor Market Volume List By Region
Table 2020-2025 Global Nuclear Microreactor Market Volume Share List By Region
Table 2020-2025 Global Nuclear Microreactor Demand List By Application
Table 2020-2025 Global Nuclear Microreactor Demand Market Share List By Application
Table 2020-2025 Global Nuclear Microreactor Key Vendors Sales List
Table 2020-2025 Global Nuclear Microreactor Key Vendors Sales Share List
Table 2020-2025 Global Nuclear Microreactor Key Vendors Revenue List
Table 2020-2025 Global Nuclear Microreactor Key Vendors Revenue Share List
Table 2020-2025 Global Nuclear Microreactor Demand List By Type
Table 2020-2025 Global Nuclear Microreactor Demand Market Share List By Type
Table 2020-2025 Regional Nuclear Microreactor Price List
Table 2025-2030 Global Nuclear Microreactor Market Size List By Region
Table 2025-2030 Global Nuclear Microreactor Market Size Share List By Region
Table 2025-2030 Global Nuclear Microreactor Market Volume List By Region
Table 2025-2030 Global Nuclear Microreactor Market Volume Share List By Region
Table 2025-2030 Global Nuclear Microreactor Demand List By Application
Table 2025-2030 Global Nuclear Microreactor Demand Market Share List By Application
Table 2025-2030 Global Nuclear Microreactor Key Vendors Sales List
Table 2025-2030 Global Nuclear Microreactor Key Vendors Sales Share List
Table 2025-2030 Global Nuclear Microreactor Key Vendors Revenue List
Table 2025-2030 Global Nuclear Microreactor Key Vendors Revenue Share List
Table 2025-2030 Global Nuclear Microreactor Demand List By Type
Table 2025-2030 Global Nuclear Microreactor Demand Market Share List By Type
Table 2025-2030 Nuclear Microreactor Regional Price List

Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Nuclear Microreactor Picture
Figure 2020-2030 Regional Trade Balance
Figure 2020-2030 North America Nuclear Microreactor Market Size And Cagr
Figure 2020-2030 North America Nuclear Microreactor Market Volume And Cagr
Figure 2020-2030 South America Nuclear Microreactor Market Size And Cagr
Figure 2020-2030 South America Nuclear Microreactor Market Volume And Cagr
Figure 2020-2030 Asia & Pacific Nuclear Microreactor Market Size And Cagr
Figure 2020-2030 Asia & Pacific Nuclear Microreactor Market Volume And Cagr
Figure 2020-2030 Europe Nuclear Microreactor Market Size And Cagr
Figure 2020-2030 Europe Nuclear Microreactor Market Volume And Cagr
Figure 2020-2030 Mea Nuclear Microreactor Market Size And Cagr
Figure 2020-2030 Mea Nuclear Microreactor Market Volume And Cagr
Figure 2020-2025 Global Nuclear Microreactor Market Volume And Growth Rate
Figure 2020-2025 Global Nuclear Microreactor Market Size And Growth Rate
Figure 2025-2030 Global Nuclear Microreactor Market Volume And Growth Rate
Figure 2025-2030 Global Nuclear Microreactor Market Size And Growth Rate

Research Methodology

  • Market Estimated Methodology:

    Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.

1)Top-down & Bottom-up Approach

Top-down approach uses a general market size figure and determines the percentage that the objective market represents.

Bottom-up approach size the objective market by collecting the sub-segment information.

2)Supply & Demand Approach

Supply approach is based on assessments of the size of each competitor supplying the objective market.

Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.

  • Forecasting Methodology
  • Numerous factors impacting the market trend are considered for forecast model:
  • New technology and application in the future;
  • New project planned/under contraction;
  • Global and regional underlying economic growth;
  • Threatens of substitute products;
  • Industry expert opinion;
  • Policy and Society implication.
  • Analysis Tools

1)PEST Analysis

PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.

  • Benefits of a PEST analysis:
  • It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
  • It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
  • It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
  • It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.

2)Porter’s Five Force Model Analysis

The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.

  • Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
  • Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
  • Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
  • Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
  • Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.

3)Value Chain Analysis

Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.

4)SWOT Analysis

SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.

  • Strengths describe what the player excels at and separates it from the competition
  • Weaknesses stop the player from performing at its optimum level.
  • Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
  • Threats refer to factors that have the potential to harm the player.
  • Data Sources
Primary Sources Secondary Sources
Face to face/Phone Interviews with market participants, such as:
Manufactures;
Distributors;
End-users;
Experts.
Online Survey
Government/International Organization Data:
Annual Report/Presentation/Fact Book
Internet Source Information
Industry Association Data
Free/Purchased Database
Market Research Report
Book/Journal/News

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