Global Nuclear Fuel Market for Marine Propulsion Systems – Industry Size, Share, Trends and Forecast 2016 - 2024
"The
Latest Research Report Nuclear Fuel Market for Marine Propulsion
Systems - Global Industry Analysis, Market Size, Share, Growth,
Trends and Forecast 2016 - 2024 provides information on pricing,
market analysis, shares, forecast, and company profiles for key
industry participants. - MarketResearchReports.biz"
Nuclear Fuel Market for
Marine Propulsion Systems: Overview
Marine
industry is anticipated to grow during the forecast period as it is
one of the largest means of transportation. This will increase the
consumption of marine fuels. Combustible fuel is the primary means of
powering a shop across the globe. However, harmful effects of unburnt
fuel and air pollution are concerning factors for maritime. This is
expected to increase the demand for nuclear fuel for marine
propulsion systems.
Maritime
transport accounts for approximately 3% of global greenhouse gas
(GHG) emissions and this is a major contributor to contamination
close to ports and coastal areas, many researching organizations have
been conducting research on alternative fuel for ships. Nuclear
propulsion is proved to be a more efficient compared to other
alternative fuels to combat the reliance on combustible fuel.
Get
Sample copy of this Report @
https://www.marketresearchreports.biz/sample/sample/1357500
Nuclear Fuel Market for
Marine Propulsion Systems: Key Growth Enablers
Nuclear
fuel for marine propulsion systems is becoming increasingly popular
due to its negligible emission through nuclear propulsion. Factors
such as installation, maintenance, safety concerns for the crew and
disposal cost were obstructing the use of nuclear as a fuel for
marine propulsion system, however these hurdles are slowly being
overshadowed, as more funds are being invested by many countries for
marine industry worldwide. The nuclear reactor produces heat on the
ship, which is used to generate steam that is used to power turbines.
Nuclear
fuel can be used in two ways for propulsion such as in combination
with conventional marine fuels and an only fuel on the tanker. The
percentage of conventional fuel substituted with nuclear fuel will
have a direct impact on the vessel’s emissions including greenhouse
gases. For marine propulsion nuclear fuel can be of different type
depending on the fusion capability such as thorium, uranium and
plutonium.
Nuclear Fuel Market for
Marine Propulsion Systems: Segmentation
The
global nuclear fuel market for marine propulsion systems can be
segmented on the basis of different types of propulsion used on ships
and vessels that need to be self supporting for extended periods
without refueling such as ultra large crude carriers (ULCC) and very
large crude carriers (VLCC). The U.S. was the pioneers of nuclear
fuel as marine propulsion in 1940 and after the success of the
research; first nuclear-powered submarine USS Nautilus began its
voyage in 1955. Later on this technology was similarly implemented
for cargo and other vessels. Britain, France and Germany in Europe
are spending on R&D to use nuclear fuel for marine propulsion
systems. China has also initiated research on the use of nuclear
energy for marine propulsion. The Russian fleet known as ice-breaker
is one example, where nuclear power is fully adapted operating in the
northern sea route.
View
Report @
https://www.marketresearchreports.biz/reports/1357500/nuclear-fuel-for-marine-propulsion-market-research-reports
Environmental
concerns, stringent emission norms, availability of fossil fuels,
cost of conventional fuels and energy security are some of the
factors driving the global nuclear fuel market for marine propulsion
systems. Some of the regions that are likely to provide lucrative
opportunity for nuclear fuel for marine propulsion systems includes
North Sea, the Baltic, Sea of Marmara, Hong Kong, parts of the
coastline of Guangdong in China and a zone extending 200 nautical
miles from the coastline of North America due to stringent emission
norms.
Some
of the key players for nuclear propulsion retrofitting and new
installation are China Ocean Shipping Company (COSCO), Bechtel Marine
Propulsion Corporation, Westinghouse Electric Corporation, General
Electric and Babcock International Corporation.
The
report offers a comprehensive evaluation of the market. It does so
via in-depth insights, understanding market evolution by tracking
historical developments, and analyzing the present scenario and
future projections based on optimistic and likely scenarios. Each
research report serves as a repository of analysis and information
for every facet of the market, including but not limited to: Regional
markets, technology developments, types, applications, and the
competitive landscape.
The study is a source of
reliable data on:
Key
market segments and sub-segments
Evolving
market trends and dynamics
Changing
supply and demand scenarios
Quantifying
market opportunities through market sizing and market forecasting
Tracking
current trends/opportunities/challenges
Competitive
insights
Opportunity
mapping in terms of technological breakthroughs
Send
An Enquiry Request @
https://www.marketresearchreports.biz/sample/enquiry/1357500
The regional analysis
covers:
North
America (U.S. and Canada)
Latin
America (Mexico, Brazil, Peru, Chile, and others)
Western
Europe (Germany, U.K., France, Spain, Italy, Nordic countries,
Belgium, Netherlands, Luxembourg)
Eastern
Europe (Poland, Russia)
Asia
Pacific (China, India, Japan, ASEAN, Australia and New Zealand)
Middle
East and Africa (GCC, Southern Africa, North Africa)
TMR
estimates the market size of various sectors using a combination of
available data on the number and revenue of companies within each
sub-sector and tiers of companies. The basic components used to
determine market size and forecast for a specific product area are
not only limited to supply-side data, but are also related to demand,
industry trends, and the economic outlook. All the above data points
are utilized to generate a statistical model targeting the sector
marketplace. More than 300 TMR analysts across the world integrate
these elements into a framework to determine the subsector market
size for a base year and then forecast growth within each market.
TMR
regularly interviews technology and business professionals as an
ongoing effort to track the latest developments within each sector.
These continuous surveys are stratified by company size and industry
segment and weighted to reflect the global market place. All data
are collected on an ongoing effort through a structured questionnaire
rolled over the web or conducted via telephones. This provides the
TMR team opportunities to request for detailed question sets, complex
skip patterns, and real-time calculations, which assists respondents
in answering questions involving numbers and percentages.
Respondents, who are interviewed as experts, are screened and
qualified based on certain criteria in addition to their
decision-making authority and the scope of activity within their
organizations.
Check Discount This Report
From Here @
https://www.marketresearchreports.biz/sample/checkdiscount/1357500
About
us
MarketResearchReports.biz
is the most comprehensive collection of market research reports.
MarketResearchReports.Biz services are specially designed to save
time and money for our clients. We are a one stop solution for all
your research needs, our main offerings are syndicated research
reports, custom research, subscription access and consulting
services. We serve all sizes and types of companies spanning across
various industries.
Contact
Mr.
Nachiket
State
Tower
90
Sate Street, Suite 700
Albany,
NY 12207
Tel:
+1-518-621-2074
Comments
Post a Comment