Market Executive Summary

REPORT HIGHLIGHT

The Nuclear Air Filtration market is estimated to represent a global market of USD 96.8 billion by 2017 with growth rate of 2.7%.

Market Dynamics

The global nuclear air filtration market is primarily driven by stringent government regulations proposed for nuclear power plants. The overall filtration equipment used in nuclear facility are continuously monitored as the emissions form power facility are radioactive in nature. Hence, continuous maintenance is conducted at regular time intervals. Implementation of high efficiency air filters in order to minimize the emission of radioactive material is expected to drive the demand for air filters in nuclear facilities over the forecast period.

Increasing number of new nuclear power plants in emerging economies such as China, and India is also expected to support the overall industry growth. According to World Nuclear Association, currently 447 civil nuclear power reactors are in operations whereas more than 55 are under construction thereby rendering the lucrative demand for all the equipment over the next few years.

Likewise, this report discusses a comprehensive industry overview, market shares, and growth opportunities of Nuclear Air Filtration market by type, key regions, countries and key manufacturers. This report also presents the global market size (revenue) of key companies in Nuclear Air Filtration business. Additionally, this report discusses risks faced by key manufacturers and the market as a whole.

Regional Takeaway

Market Segment by Regions, regional analysis covers

North America (U.S. and Canada)
Europe (France and Germany)
Asia Pacific (India and China)
Middle East and Africa
Latin America
Europe accounted for significant revenue share of the global nuclear air filtration market. There are several under construction nuclear power facilities in countries such as Bulgaria, France, Russia and UK that makes Europe as a potential market for air filtration systems. According to the World Nuclear Association, European Union is the largest importer of energy with an import of 53% of total energy demand. In order to decrease the dependency on other countries, in 2012, the Energy Efficiency Directive (EED) has established various measures to reach 20% of its energy efficiency by 2020.

In addition, countries such as France has over 58 working nuclear reactors, with a net capacity of around 63.1 GWe. In 2017, nuclear power accounted for nearly 72% of country?s electricity generation, supporting the industry growth.

Key Vendor Takeaway

The research report also presents the competition landscape and a corresponding extensive analysis of the major vendors/manufacturers in the market. Market Segment by Manufacturers, this report covers

Camfil
Cascade Macinery & Electric, Inc.
American Air Filter Company, Inc.
MANN+HUMMEL
Air Filter Industries Pvt. Ltd.
Selton
Delta Neu
Hollingsworth & Vose
Filter Service Company
The global nuclear air filtration market is consolidated in nature on account of very few players catering to air filtration demands of nuclear power plants. Key players are focusing on expanding their market penetration by offering highly efficient products as well as providing maintenance services. Major companies are concentrating on tapping the potential regions where nuclear power plants are under construction such as India, China, Russia and many others.

The market size and forecast for each segment and sub-segments has been considered as below:

Historical Year ? 2017 ? 2021
Base Year ? 2021
Estimated Year ? 2022
Projected Year ? 2028
TARGET AUDIENCE

Traders, Distributors, and Suppliers
Manufacturers
Government and Regional Agencies
Research Organizations
Consultants
Distributors
SCOPE OF THE REPORT

The scope of this report covers the market by its major segments, which include as follows:

MARKET, BY PRODUCT

Portable
Stationary
MARKET, BY REGION

North America
U.S.
Canada
Europe
Germany
France
Rest of Europe
Asia Pacific
India
China
Rest of APAC
Rest of the World
Middle East and Africa
Latin America