Report Highlights
The global market for nuclear fusion technologies is expected to increase from $1.7 billion in 2035 to $6.8 billion by the end of 2040, with a compound annual growth rate (CAGR) of 31.6% during the forecast period of 2035-2040.
Report Includes
- 14 data tables and 53 additional tables
- An overview of global market outlook for nuclear fusion and advanced materials
- Analyses of global market trends, with data from 2035-2040, and projections of compound annual growth rates (CAGRs) through 2040
- An identification of market trends, issues and forecasts impacting the global market and a breakdown of the market based on type, technology, and region
- An outline of the recent technological advances in certain advanced materials and their use in the commercialization of nuclear fusion power over the next few decades
- Coverage of nuclear fusion regulations across several countries, government funded projects, start-ups in nuclear fusion, and alternative energy investments opportunities in the oil & gas industry
- A discussion of the key advanced materials, the technologies related to fusion power, and their current and future potential
- Company profiles of major players within the industry, including Commonwealth Fusion Systems, First Light Fusion Ltd, General Fusion Inc., HB11 Energy Holdings Pty Ltd, and Marvel Fusion GmbH
Report Scope
The report provides an overview of the nuclear fusion market and analyzes market trends. The nuclear fusion market is through in the stages of R&D, and from the fusion company’s information it is expected to be commercialized between 2032 to 2038. Hence, 2035 is considered as the base year, and the report provides market data for the forecast period 2036 through 2040 by estimating values derived from manufacturers. Revenue forecasts for this period are segmented based on technology, application, and geography.
The report also includes a section on the major players in the market. Further, it explains the major drivers, competitive landscape, and current trends of the nuclear fusion market. The report concludes with a focus on the nuclear fusion vendor landscape and includes profiles of the major players operating in the global market.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2035 | ||||||||||||||||
| Forecast period considered | 2035-2040 | ||||||||||||||||
| Base year market size | $1.7 billion | ||||||||||||||||
| Market size forecast | $6.8 billion | ||||||||||||||||
| Growth rate | CAGR of 31.6% for the forecast period of 2035-2040 | ||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||
| Segments covered | Type, Application | ||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, Rest of the World (RoW) | ||||||||||||||||
| Countries covered | U.S., Canada, U.K., France, Rest of Europe, China, Japan, Rest of Asia-Pacific | ||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Frequently Asked Questions (FAQs)
- Commonwealth Fusion Systems
- General Fusion
- TAE Technologies, Inc.
- Tokamak Energy Ltd.
- Helion Energy Inc.
Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
Report Highlights
Currently, several types of advanced materials are being developed to support the commercialization of fusion power for the next one or two decades. These materials are also finding uses in other emerging markets. This report analyzes recent advances of these materials and the uses in fusion power and other emerging markets such as tooling and generation IV reactors.
Report Includes
- A brief outline of the recent technological advances in certain advanced materials and their usage in the commercialization of fusion power over the next few decades
- Discussion of the key advanced materials, technologies related to fusion power, and their current and future marketplace
- Analyses of global market trends, with data from 2018, estimates for 2019, and projections of compound annual growth rates (CAGRs) through 2025 (in value and volumetric terms)
- Market potential for some key metals, composites and polymers; their market trends and forecast value up-to 2050
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