30 likes | 454 Views
South Korean nuclear industry players foresee a potential market in the global nuclear power plant construction.
E N D
South Korean Nuclear Companies Target the Global Nuclear Reactor Construction Market
South Korean nuclear industry players foresee a potential market in the global nuclear power plant construction. The growing demand for energy driven by developing countries such as India and China will provide the potential for the expansion of nuclear power. South Korean nuclear companies have already set a target of obtaining a market share of 20% in the global nuclear power plant construction market by 2030.In addition to exporting nuclear reactors, the companies also plans to enter the $78bn market globally for the operation, maintenance and repair of reactors. The underlying reason is that these companies perceive that there is a growing demand for overhauls and life extensions for heavy water reactors across the globe. The new target markets for construction of nuclear power plants for South Korean companies are Europe, Asia Pacific countries such as India and China, nuclear emerging countries such as United Arab Emirates (UAE), Indonesia, Vietnam, Malaysia, Thailand and Middle East countries. This analysis was taken from a research paper published by GlobalData, to download the full Research Paper for free, click below: http://www.researchviews.com/energy/power/Viewpoints.aspx?sector=Power&DocID=9911 Access the latest Nuclear analysis for free at http://www.researchviews.com
About ResearchViews.com ResearchViews is your number one portal for industry related news, research, analysis and deals data. ResearchViews offers up to the minute content produced by an expert team of industry analysts. All content on the site is free to view and allows users to keep up to date with the latest developments in their chosen industry. Free daily and weekly newsletters provide a snapshot of the major issues affecting the industry. The site also features a research store, providing the user with access to premium business intelligence from some of the world's leading market research publishers. Contact Information: Rajesh Gunnam rgunnam@globaldata.com +914066166782