Global Nuclear Industry Expansion and Upgradation to Drive Growth for the Control Rod Assemblies Market – The expansion and upgradation of nuclear reactors is expected to be a major driver for the global Control Rod Assembly (CRA) market between 2012 and 2020. There are currently around 435 active nuclear power reactors across the world, and more than 450 new nuclear reactors are scheduled to come online in the near future.
The US set to be leading Control Rod Assemblies Market between 2012 and 2020 – During the forecast period, from 2012 to 2020, the US is expected to be the leading CRA market in terms the number of CRA units required. There are currently 76 existing nuclear reactors in the country in which the CRAs are expected to reach the end of their design life of 15 years and will therefore require replacement during the forecast period.
Asia-Pacific to Generate Highest Demand for Control Rod Assemblies between 2012 and 2020 – Between 2012 and 2020, the Asia-Pacific region is expected to generate the highest aggregate demand for CRAs, with demand amounting to 11,921 units, of which 3,656 units will be required for replacements and 8,265 units for new installations.
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