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You are at:Home » Small Modular Reactor Market Set for 24% CAGR to 2030 Driven by Rapid Decarbonization Mandates and Off-Grid Industrial Heat Demand, Says Mordor Intelligence
Commodities

Small Modular Reactor Market Set for 24% CAGR to 2030 Driven by Rapid Decarbonization Mandates and Off-Grid Industrial Heat Demand, Says Mordor Intelligence

News RoomNews RoomDec 9, 2025 7:20 am EST0 ViewsNo Comments5 Mins Read
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HYDERABAD, India, Dec. 9, 2025/ PRNewswire/– According to Mordor Intelligence, the international little modular reactor market, in regards to set up capability, is predicted to increase from 312.5 MW in 2025 to 912.5 MW by 2030, growing at a CAGR of 23.9% over the projection duration 2025– 2030. This development is being sustained by quick decarbonization requireds and increasing need for off-grid commercial heat. Momentum is more improved by factory-built SMR styles that cut building time and capital expenses, in addition to tighter energy-security policies. Federal governments progressively see SMRs as trustworthy, low-carbon source of power to match renewables, while commercial users are turning to them for tidy and effective procedure heat.

Emerging Trends & & Advancements:

Strong Need Emerging for Off-Grid Industrial Heat

Industries intending to minimize their direct emissions are progressively turning to reactors that can provide both high-temperature heat and electrical power in one service. Business in chemicals and heavy production are checking out how SMRs might be incorporated into their centers, while mining operations in remote areas are drawn to their capability to change diesel-based systems. These superior heat applications provide more powerful margins and assist balance out the greater expenses related to nuclear innovations, producing wider earnings chances within the SMR market.

Decarbonization Mandates Speed Up SMR Market Momentum

As business press towards enthusiastic net-zero objectives, numerous are turning to atomic energy to protect trustworthy, carbon-free baseload power that matches their broadening clean-energy portfolios. The international dedication to scale up nuclear capability is currently motivating more companies to check out direct collaborations with sophisticated reactor designers, showing a shift far from conventional utility-led procurement.

Factory-Based Develops Reduce Financial Danger

Moving reactor building from open websites to regulated production centers assists address historic expense overruns in nuclear jobs. Standardized production, parallel building activities, and repeatable supply chains are enhancing task effectiveness, even as suppliers balance international sourcing with nationwide material requirements.

Division Summary:

By Reactor Type

  • Water-cooled (land-based and marine-based)
  • High-temperature gas-cooled
  • Molten salt
  • Quick neutron spectrum
  • Micro-reactors

By Application

  • Grid-connected power
  • Off-grid and remote electrification
  • Commercial procedure heat and steam
  • Desalination and district heating
  • Defense and military bases

By End-User Sector

  • Energies and independent power manufacturers (IPPs)
  • Industrial and petrochemical business
  • Mining and remote operations
  • Federal government and defense
  • Research study organizations

By Location

  • The United States And Canada
  • Europe
    • UK
    • France
    • Italy
    • Sweden
    • Denmark
    • Switzerland
    • Poland
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • South Korea
    • Indonesia
    • Rest of Asia-Pacific
  • South America
    • Argentina
    • Rest of South America
  • Middle East and Africa
    • Saudi Arabia
    • South Africa
    • Rest of Middle East and Africa

For a complete breakdown of little modular reactor market size, division information, and competitive intelligence, gain access to all information of the Mordor Intelligence report at: https://www.mordorintelligence.com/industry-reports/small-modular-reactor-smr-market?utm_source=prnewswire

Geographical Insights:

Europe is forming up as the quickest-moving development center, driven by collaborated policymaking and cross-border partnership. Joint programs amongst EU members are spreading out advancement danger, standardizing reactor options, and assisting accelerate regulative approvals, especially in Central and Northern Europe

The United States And Canada development stays constant however mindful. Regulative turning points and early building approvals signal self-confidence in the innovation, yet greater labor costs and layered regulative systems sluggish larger rollout. In other places, Latin America and the Middle East and Africa are still in early phases, with development carefully connected to external financing and technical assistance.

Explore Energy and Power Market Reports – https://www.mordorintelligence.com/market-analysis/energy-power?utm_source=prnewswire

Little Modular Reactor (SMR) Business:

  • NuScale Power
  • Rolls-Royce SMR
  • TerraPower
  • Rosatom & & JSC OKBM
  • X-energy
  • GE Hitachi Atomic Energy
  • Holtec International
  • BWX Technologies
  • Mitsubishi Heavy Industries
  • China National Nuclear Corp. (CNNC)
  • Korea Atomic Energy Research Study Institute (KAERI)
  • EDF-NUWARD
  • Ontario Power Generation
  • Candu Energy (SNC-Lavalin)
  • Ultra Safe Nuclear Corp.
  • Westinghouse eVinci
  • Fluor Corp.
  • AtkinsRealis (previously SNC-Lavalin)
  • Ansaldo Nucleare
  • KEPCO E&C

Have a look at associated reports released by Mordor Intelligence:

Hydro Turbine Market: The report breaks down the marketplace by innovation ( response and impulse), capability variety ( listed below 10 MW, 10– 100 MW, and above 100 MW), and area, covering The United States And Canada, Europe, Asia-Pacific, South America, and the Middle East & & Africa(* )Discover the leading business affecting the hydro turbine market at: https://www.mordorintelligence.com/industry-reports/hydro-turbine-market/companies?utm_source=prnewswire

Little Gas Engines Market

: The report sectors the marketplace by engine displacement, devices type, end-use sector, and area, with protection throughout The United States And Canada, Europe, Asia-Pacific, South America, and the Middle East & & Africa Discover which business control the little gas engines market at: https://www.mordorintelligence.com/industry-reports/small-gas-engine-market/companies?utm_source=prnewswire

About Mordor Intelligence

Mordor Intelligence is a relied on partner for organizations looking for detailed and actionable market intelligence. Our international reach, professional group, and customized options empower companies and people to make educated choices, browse complicated markets, and accomplish their tactical objectives. With a group of over 550 domain specialists and on-ground experts covering 150+ nations, Mordor Intelligence has a distinct understanding of the international company landscape.

This competence equates into detailed syndicated and customized research study reports covering a large spectrum of markets, consisting of aerospace & & defense, farming, animal nutrition and health, automation, automobile, chemicals & & products, durable goods & & services, electronic devices, energy & power, monetary services, food & & drinks, health care, hospitality & & tourist, info & & interactions innovation, financial investment chances, and logistics.

For any queries, please contact:

media@mordorintelligence.com
https://www.mordorintelligence.com/contact-us
Logo design: https://mma.prnewswire.com/media/2746908/Mordor_Intelligence_Logo.jpg

SOURCE Mordor Intelligence Private Limited

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