Small Modular Reactor Market - Global Forecast 2026-2032

Small modular reactors (SMRs) are rapidly redefining energy infrastructure strategies, offering a compact and agile alternative to traditional nuclear plants for power producers, utilities, and industrial users seeking reliable, low-carbon energy solutions.

Market Snapshot: Small Modular Reactor Market Growth

The Small Modular Reactor Market grew from USD 6.29 billion in 2025 to USD 6.60 billion in 2026. It is expected to continue growing at a CAGR of 5.61%, reaching USD 9.22 billion by 2032. This expansion reflects robust adoption, as end users and governments drive innovation to meet decarbonization and grid stability goals.

Scope & Segmentation

Reactor Technologies: Includes fast neutron reactors, heavy-water reactors, high-temperature gas-cooled reactors, light-water reactors, and molten salt reactors, each offering unique performance and integration capabilities.
Power Ratings: Segmentation across under 100 MW, 101–200 MW, and 201–300 MW modules, each suited to different operational roles and flexibility requirements.
Deployment Modes: Addresses grid-connected, off-grid, and hybrid installation scenarios, with system requirements adapting to either autonomous or interconnected operation.
Application Use-Cases: Focuses on electricity generation, industrial heat solutions, district heating, hydrogen production, and desalination, illustrating the versatility of SMR deployments.
End-User Industries: Encompasses commercial customers, public utilities, public infrastructure, and industrial sectors such as chemical, manufacturing, mining, and oil and gas, each driving specific technology and procurement demands.
Regional Coverage: Analysis spans the Americas, Europe, Middle East & Africa, and Asia-Pacific, factoring in local policy drivers, industrial strengths, and regulatory environments.

Key Takeaways for Senior Decision-Makers

SMRs are moving swiftly from conceptual programs to pragmatic deployments, as policy frameworks and industrial needs evolve to support climate and resilience goals.
Technological innovation around coolant systems and reactor modularity is enabling tailored, scalable solutions to diverse energy applications.
The shift to factory-based manufacturing and assembly is addressing longstanding challenges in nuclear construction predictability and cost control.
Collaborative partnerships—across regulators, technology suppliers, financiers, and end users—are accelerating standardization and securing investor confidence.
Strategic workforce development and knowledge transfer are becoming central to deploying SMRs, especially where new nuclear capabilities are introduced.

Tariff Impact and Industrial Localization

Recent tariff adjustments enacted in 2025 have reshaped global SMR supply chains by prompting project developers to reconsider sourcing, procurement strategies, and domestic manufacturing capacities. These shifts are influencing alliances and driving efforts to bolster local content, harmonize standards, and diversify supplier bases to manage geopolitical risks and cost variability. Contracting now emphasizes scenario-driven provisions to protect both schedule and budget integrity in cross-border projects.

Methodology & Data Sources

This report synthesizes primary interviews with sector experts, in-depth technical literature, and regulatory data, validated through multi-source triangulation and expert review. The approach ensures insights are grounded in real-world deployment cases and regulatory best practices.

Why This Report Matters

Supports executive decision-making with clear, actionable insights into current SMR deployment pathways, supply chain risks, and regulatory factors.
Enables informed strategic planning by clarifying which technology choices, deployment models, and policy mechanisms align best with sector goals.
Empowers stakeholders to navigate complex industrial, regional, and investment dynamics with confidence.

Conclusion

Small modular reactors present a practical and flexible route to achieving both decarbonization and energy security. Coordinated strategies across technology, policy, and industry are essential for translating pilot projects into real-world, bankable deployments.

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1. Preface

1.1. Objectives of the Study
1.2. Market Definition
1.3. Market Segmentation & Coverage
1.4. Years Considered for the Study
1.5. Currency Considered for the Study
1.6. Language Considered for the Study
1.7. Key Stakeholders

2. Research Methodology

2.1. Introduction
2.2. Research Design
2.2.1. Primary Research
2.2.2. Secondary Research
2.3. Research Framework
2.3.1. Qualitative Analysis
2.3.2. Quantitative Analysis
2.4. Market Size Estimation
2.4.1. Top-Down Approach
2.4.2. Bottom-Up Approach
2.5. Data Triangulation
2.6. Research Outcomes
2.7. Research Assumptions
2.8. Research Limitations

3. Executive Summary

3.1. Introduction
3.2. CXO Perspective
3.3. Market Size & Growth Trends
3.4. Market Share Analysis, 2025
3.5. FPNV Positioning Matrix, 2025
3.6. New Revenue Opportunities
3.7. Next-Generation Business Models
3.8. Industry Roadmap

4. Market Overview

4.1. Introduction
4.2. Industry Ecosystem & Value Chain Analysis
4.2.1. Supply-Side Analysis
4.2.2. Demand-Side Analysis
4.2.3. Stakeholder Analysis
4.3. Porter’s Five Forces Analysis
4.4. PESTLE Analysis
4.5. Market Outlook
4.5.1. Near-Term Market Outlook (0-2 Years)
4.5.2. Medium-Term Market Outlook (3-5 Years)
4.5.3. Long-Term Market Outlook (5-10 Years)
4.6. Go-to-Market Strategy

5. Market Insights

5.1. Consumer Insights & End-User Perspective
5.2. Consumer Experience Benchmarking
5.3. Opportunity Mapping
5.4. Distribution Channel Analysis
5.5. Pricing Trend Analysis
5.6. Regulatory Compliance & Standards Framework
5.7. ESG & Sustainability Analysis
5.8. Disruption & Risk Scenarios
5.9. Return on Investment & Cost-Benefit Analysis

6. Cumulative Impact of United States Tariffs 2025
7. Cumulative Impact of Artificial Intelligence 2025

8. Small Modular Reactor Market, by Type

8.1. Fast Neutron Reactors
8.2. Heavy-Water Reactors
8.3. High-Temperature Gas-Cooled Reactors
8.4. Light-Water Reactors
8.5. Molten Salt Reactors

9. Small Modular Reactor Market, by Power Rating

9.1. 101-200 MW
9.2. 201-300MW
9.3. Below 100 MW

10. Small Modular Reactor Market, by Deployment

10.1. Grid-Connected
10.2. Off-Grid

11. Small Modular Reactor Market, by Application

11.1. Desalination
11.2. District Heating
11.3. Electricity Generation
11.4. Hydrogen Production
11.5. Industrial Heat

12. Small Modular Reactor Market, by End-User Industry

12.1. Commercial
12.2. Industrial
12.2.1. Chemical
12.2.2. Manufacturing
12.2.3. Mining
12.2.4. Oil & Gas
12.3. Public Infrastructures & Utilities

13. Small Modular Reactor Market, by Region

13.1. Americas
13.1.1. North America
13.1.2. Latin America
13.2. Europe, Middle East & Africa
13.2.1. Europe
13.2.2. Middle East
13.2.3. Africa
13.3. Asia-Pacific

14. Small Modular Reactor Market, by Group

14.1. ASEAN
14.2. GCC
14.3. European Union
14.4. BRICS
14.5. G7
14.6. NATO

15. Small Modular Reactor Market, by Country

15.1. United States
15.2. Canada
15.3. Mexico
15.4. Brazil
15.5. United Kingdom
15.6. Germany
15.7. France
15.8. Russia
15.9. Italy
15.10. Spain
15.11. China
15.12. India
15.13. Japan
15.14. Australia
15.15. South Korea

16. United States Small Modular Reactor Market
17. China Small Modular Reactor Market

18. Competitive Landscape

18.1. Market Concentration Analysis, 2025
18.1.1. Concentration Ratio (CR)
18.1.2. Herfindahl Hirschman Index (HHI)
18.2. Recent Developments & Impact Analysis, 2025
18.3. Product Portfolio Analysis, 2025
18.4. Benchmarking Analysis, 2025
18.5. ARC Clean Technology, Inc.
18.6. AtkinsRéalis Group Inc.
18.7. Blykalla AB
18.8. China National Nuclear Corporation
18.9. General Atomics
18.10. General Electric Company
18.11. Holtec International
18.12. Kairos Power
18.13. Mirion Technologies, Inc.
18.14. Mitsubishi Heavy Industries, Ltd.
18.15. Moltex Energy Ltd.
18.16. NANO Nuclear Energy Inc.
18.17. NuScale Power Corporation
18.18. Oklo, Inc.
18.19. Rolls-Royce Holdings PLC
18.20. Seaborg Technologies ApS
18.21. Southern Company
18.22. State Atomic Energy Corporation ROSATOM
18.23. TerraPower LLC
18.24. Terrestrial Energy Inc.
18.25. ThorCon Power
18.26. Toshiba Corporation
18.27. Tractebel Group by Engie Group
18.28. Westinghouse Electric Company LLC
18.29. X Energy, LLC
18.30. Électricité de France SA

List of Figures

FIGURE 1. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 2. GLOBAL SMALL MODULAR REACTOR MARKET SHARE, BY KEY PLAYER, 2025
FIGURE 3. GLOBAL SMALL MODULAR REACTOR MARKET, FPNV POSITIONING MATRIX, 2025
FIGURE 4. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY TYPE, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 5. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY POWER RATING, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 6. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY DEPLOYMENT, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 7. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY APPLICATION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 8. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY END-USER INDUSTRY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 9. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY REGION, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 10. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY GROUP, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 11. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY COUNTRY, 2025 VS 2026 VS 2032 (USD MILLION)
FIGURE 12. UNITED STATES SMALL MODULAR REACTOR MARKET SIZE, 2018-2032 (USD MILLION)
FIGURE 13. CHINA SMALL MODULAR REACTOR MARKET SIZE, 2018-2032 (USD MILLION)

List of Tables

TABLE 1. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 2. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 3. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY FAST NEUTRON REACTORS, BY REGION, 2018-2032 (USD MILLION)
TABLE 4. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY FAST NEUTRON REACTORS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 5. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY FAST NEUTRON REACTORS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 6. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY HEAVY-WATER REACTORS, BY REGION, 2018-2032 (USD MILLION)
TABLE 7. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY HEAVY-WATER REACTORS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 8. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY HEAVY-WATER REACTORS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 9. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY HIGH-TEMPERATURE GAS-COOLED REACTORS, BY REGION, 2018-2032 (USD MILLION)
TABLE 10. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY HIGH-TEMPERATURE GAS-COOLED REACTORS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 11. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY HIGH-TEMPERATURE GAS-COOLED REACTORS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 12. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY LIGHT-WATER REACTORS, BY REGION, 2018-2032 (USD MILLION)
TABLE 13. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY LIGHT-WATER REACTORS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 14. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY LIGHT-WATER REACTORS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 15. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY MOLTEN SALT REACTORS, BY REGION, 2018-2032 (USD MILLION)
TABLE 16. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY MOLTEN SALT REACTORS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 17. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY MOLTEN SALT REACTORS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 18. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY POWER RATING, 2018-2032 (USD MILLION)
TABLE 19. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY 101-200 MW, BY REGION, 2018-2032 (USD MILLION)
TABLE 20. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY 101-200 MW, BY GROUP, 2018-2032 (USD MILLION)
TABLE 21. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY 101-200 MW, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 22. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY 201-300MW, BY REGION, 2018-2032 (USD MILLION)
TABLE 23. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY 201-300MW, BY GROUP, 2018-2032 (USD MILLION)
TABLE 24. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY 201-300MW, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 25. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY BELOW 100 MW, BY REGION, 2018-2032 (USD MILLION)
TABLE 26. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY BELOW 100 MW, BY GROUP, 2018-2032 (USD MILLION)
TABLE 27. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY BELOW 100 MW, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 28. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 29. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY GRID-CONNECTED, BY REGION, 2018-2032 (USD MILLION)
TABLE 30. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY GRID-CONNECTED, BY GROUP, 2018-2032 (USD MILLION)
TABLE 31. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY GRID-CONNECTED, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 32. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY OFF-GRID, BY REGION, 2018-2032 (USD MILLION)
TABLE 33. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY OFF-GRID, BY GROUP, 2018-2032 (USD MILLION)
TABLE 34. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY OFF-GRID, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 35. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 36. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY DESALINATION, BY REGION, 2018-2032 (USD MILLION)
TABLE 37. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY DESALINATION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 38. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY DESALINATION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 39. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY DISTRICT HEATING, BY REGION, 2018-2032 (USD MILLION)
TABLE 40. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY DISTRICT HEATING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 41. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY DISTRICT HEATING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 42. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY ELECTRICITY GENERATION, BY REGION, 2018-2032 (USD MILLION)
TABLE 43. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY ELECTRICITY GENERATION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 44. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY ELECTRICITY GENERATION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 45. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY HYDROGEN PRODUCTION, BY REGION, 2018-2032 (USD MILLION)
TABLE 46. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY HYDROGEN PRODUCTION, BY GROUP, 2018-2032 (USD MILLION)
TABLE 47. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY HYDROGEN PRODUCTION, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 48. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL HEAT, BY REGION, 2018-2032 (USD MILLION)
TABLE 49. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL HEAT, BY GROUP, 2018-2032 (USD MILLION)
TABLE 50. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL HEAT, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 51. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY END-USER INDUSTRY, 2018-2032 (USD MILLION)
TABLE 52. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY COMMERCIAL, BY REGION, 2018-2032 (USD MILLION)
TABLE 53. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY COMMERCIAL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 54. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY COMMERCIAL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 55. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL, BY REGION, 2018-2032 (USD MILLION)
TABLE 56. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 57. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 58. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL, 2018-2032 (USD MILLION)
TABLE 59. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY CHEMICAL, BY REGION, 2018-2032 (USD MILLION)
TABLE 60. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY CHEMICAL, BY GROUP, 2018-2032 (USD MILLION)
TABLE 61. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY CHEMICAL, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 62. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY MANUFACTURING, BY REGION, 2018-2032 (USD MILLION)
TABLE 63. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY MANUFACTURING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 64. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY MANUFACTURING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 65. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY MINING, BY REGION, 2018-2032 (USD MILLION)
TABLE 66. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY MINING, BY GROUP, 2018-2032 (USD MILLION)
TABLE 67. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY MINING, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 68. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY OIL & GAS, BY REGION, 2018-2032 (USD MILLION)
TABLE 69. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY OIL & GAS, BY GROUP, 2018-2032 (USD MILLION)
TABLE 70. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY OIL & GAS, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 71. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY PUBLIC INFRASTRUCTURES & UTILITIES, BY REGION, 2018-2032 (USD MILLION)
TABLE 72. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY PUBLIC INFRASTRUCTURES & UTILITIES, BY GROUP, 2018-2032 (USD MILLION)
TABLE 73. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY PUBLIC INFRASTRUCTURES & UTILITIES, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 74. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY REGION, 2018-2032 (USD MILLION)
TABLE 75. AMERICAS SMALL MODULAR REACTOR MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 76. AMERICAS SMALL MODULAR REACTOR MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 77. AMERICAS SMALL MODULAR REACTOR MARKET SIZE, BY POWER RATING, 2018-2032 (USD MILLION)
TABLE 78. AMERICAS SMALL MODULAR REACTOR MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 79. AMERICAS SMALL MODULAR REACTOR MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 80. AMERICAS SMALL MODULAR REACTOR MARKET SIZE, BY END-USER INDUSTRY, 2018-2032 (USD MILLION)
TABLE 81. AMERICAS SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL, 2018-2032 (USD MILLION)
TABLE 82. NORTH AMERICA SMALL MODULAR REACTOR MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 83. NORTH AMERICA SMALL MODULAR REACTOR MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 84. NORTH AMERICA SMALL MODULAR REACTOR MARKET SIZE, BY POWER RATING, 2018-2032 (USD MILLION)
TABLE 85. NORTH AMERICA SMALL MODULAR REACTOR MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 86. NORTH AMERICA SMALL MODULAR REACTOR MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 87. NORTH AMERICA SMALL MODULAR REACTOR MARKET SIZE, BY END-USER INDUSTRY, 2018-2032 (USD MILLION)
TABLE 88. NORTH AMERICA SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL, 2018-2032 (USD MILLION)
TABLE 89. LATIN AMERICA SMALL MODULAR REACTOR MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 90. LATIN AMERICA SMALL MODULAR REACTOR MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 91. LATIN AMERICA SMALL MODULAR REACTOR MARKET SIZE, BY POWER RATING, 2018-2032 (USD MILLION)
TABLE 92. LATIN AMERICA SMALL MODULAR REACTOR MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 93. LATIN AMERICA SMALL MODULAR REACTOR MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 94. LATIN AMERICA SMALL MODULAR REACTOR MARKET SIZE, BY END-USER INDUSTRY, 2018-2032 (USD MILLION)
TABLE 95. LATIN AMERICA SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL, 2018-2032 (USD MILLION)
TABLE 96. EUROPE, MIDDLE EAST & AFRICA SMALL MODULAR REACTOR MARKET SIZE, BY SUBREGION, 2018-2032 (USD MILLION)
TABLE 97. EUROPE, MIDDLE EAST & AFRICA SMALL MODULAR REACTOR MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 98. EUROPE, MIDDLE EAST & AFRICA SMALL MODULAR REACTOR MARKET SIZE, BY POWER RATING, 2018-2032 (USD MILLION)
TABLE 99. EUROPE, MIDDLE EAST & AFRICA SMALL MODULAR REACTOR MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 100. EUROPE, MIDDLE EAST & AFRICA SMALL MODULAR REACTOR MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 101. EUROPE, MIDDLE EAST & AFRICA SMALL MODULAR REACTOR MARKET SIZE, BY END-USER INDUSTRY, 2018-2032 (USD MILLION)
TABLE 102. EUROPE, MIDDLE EAST & AFRICA SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL, 2018-2032 (USD MILLION)
TABLE 103. EUROPE SMALL MODULAR REACTOR MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 104. EUROPE SMALL MODULAR REACTOR MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 105. EUROPE SMALL MODULAR REACTOR MARKET SIZE, BY POWER RATING, 2018-2032 (USD MILLION)
TABLE 106. EUROPE SMALL MODULAR REACTOR MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 107. EUROPE SMALL MODULAR REACTOR MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 108. EUROPE SMALL MODULAR REACTOR MARKET SIZE, BY END-USER INDUSTRY, 2018-2032 (USD MILLION)
TABLE 109. EUROPE SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL, 2018-2032 (USD MILLION)
TABLE 110. MIDDLE EAST SMALL MODULAR REACTOR MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 111. MIDDLE EAST SMALL MODULAR REACTOR MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 112. MIDDLE EAST SMALL MODULAR REACTOR MARKET SIZE, BY POWER RATING, 2018-2032 (USD MILLION)
TABLE 113. MIDDLE EAST SMALL MODULAR REACTOR MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 114. MIDDLE EAST SMALL MODULAR REACTOR MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 115. MIDDLE EAST SMALL MODULAR REACTOR MARKET SIZE, BY END-USER INDUSTRY, 2018-2032 (USD MILLION)
TABLE 116. MIDDLE EAST SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL, 2018-2032 (USD MILLION)
TABLE 117. AFRICA SMALL MODULAR REACTOR MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 118. AFRICA SMALL MODULAR REACTOR MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 119. AFRICA SMALL MODULAR REACTOR MARKET SIZE, BY POWER RATING, 2018-2032 (USD MILLION)
TABLE 120. AFRICA SMALL MODULAR REACTOR MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 121. AFRICA SMALL MODULAR REACTOR MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 122. AFRICA SMALL MODULAR REACTOR MARKET SIZE, BY END-USER INDUSTRY, 2018-2032 (USD MILLION)
TABLE 123. AFRICA SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL, 2018-2032 (USD MILLION)
TABLE 124. ASIA-PACIFIC SMALL MODULAR REACTOR MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 125. ASIA-PACIFIC SMALL MODULAR REACTOR MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 126. ASIA-PACIFIC SMALL MODULAR REACTOR MARKET SIZE, BY POWER RATING, 2018-2032 (USD MILLION)
TABLE 127. ASIA-PACIFIC SMALL MODULAR REACTOR MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 128. ASIA-PACIFIC SMALL MODULAR REACTOR MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 129. ASIA-PACIFIC SMALL MODULAR REACTOR MARKET SIZE, BY END-USER INDUSTRY, 2018-2032 (USD MILLION)
TABLE 130. ASIA-PACIFIC SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL, 2018-2032 (USD MILLION)
TABLE 131. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY GROUP, 2018-2032 (USD MILLION)
TABLE 132. ASEAN SMALL MODULAR REACTOR MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 133. ASEAN SMALL MODULAR REACTOR MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 134. ASEAN SMALL MODULAR REACTOR MARKET SIZE, BY POWER RATING, 2018-2032 (USD MILLION)
TABLE 135. ASEAN SMALL MODULAR REACTOR MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 136. ASEAN SMALL MODULAR REACTOR MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 137. ASEAN SMALL MODULAR REACTOR MARKET SIZE, BY END-USER INDUSTRY, 2018-2032 (USD MILLION)
TABLE 138. ASEAN SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL, 2018-2032 (USD MILLION)
TABLE 139. GCC SMALL MODULAR REACTOR MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 140. GCC SMALL MODULAR REACTOR MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 141. GCC SMALL MODULAR REACTOR MARKET SIZE, BY POWER RATING, 2018-2032 (USD MILLION)
TABLE 142. GCC SMALL MODULAR REACTOR MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 143. GCC SMALL MODULAR REACTOR MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 144. GCC SMALL MODULAR REACTOR MARKET SIZE, BY END-USER INDUSTRY, 2018-2032 (USD MILLION)
TABLE 145. GCC SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL, 2018-2032 (USD MILLION)
TABLE 146. EUROPEAN UNION SMALL MODULAR REACTOR MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 147. EUROPEAN UNION SMALL MODULAR REACTOR MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 148. EUROPEAN UNION SMALL MODULAR REACTOR MARKET SIZE, BY POWER RATING, 2018-2032 (USD MILLION)
TABLE 149. EUROPEAN UNION SMALL MODULAR REACTOR MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 150. EUROPEAN UNION SMALL MODULAR REACTOR MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 151. EUROPEAN UNION SMALL MODULAR REACTOR MARKET SIZE, BY END-USER INDUSTRY, 2018-2032 (USD MILLION)
TABLE 152. EUROPEAN UNION SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL, 2018-2032 (USD MILLION)
TABLE 153. BRICS SMALL MODULAR REACTOR MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 154. BRICS SMALL MODULAR REACTOR MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 155. BRICS SMALL MODULAR REACTOR MARKET SIZE, BY POWER RATING, 2018-2032 (USD MILLION)
TABLE 156. BRICS SMALL MODULAR REACTOR MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 157. BRICS SMALL MODULAR REACTOR MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 158. BRICS SMALL MODULAR REACTOR MARKET SIZE, BY END-USER INDUSTRY, 2018-2032 (USD MILLION)
TABLE 159. BRICS SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL, 2018-2032 (USD MILLION)
TABLE 160. G7 SMALL MODULAR REACTOR MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 161. G7 SMALL MODULAR REACTOR MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 162. G7 SMALL MODULAR REACTOR MARKET SIZE, BY POWER RATING, 2018-2032 (USD MILLION)
TABLE 163. G7 SMALL MODULAR REACTOR MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 164. G7 SMALL MODULAR REACTOR MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 165. G7 SMALL MODULAR REACTOR MARKET SIZE, BY END-USER INDUSTRY, 2018-2032 (USD MILLION)
TABLE 166. G7 SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL, 2018-2032 (USD MILLION)
TABLE 167. NATO SMALL MODULAR REACTOR MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 168. NATO SMALL MODULAR REACTOR MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 169. NATO SMALL MODULAR REACTOR MARKET SIZE, BY POWER RATING, 2018-2032 (USD MILLION)
TABLE 170. NATO SMALL MODULAR REACTOR MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 171. NATO SMALL MODULAR REACTOR MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 172. NATO SMALL MODULAR REACTOR MARKET SIZE, BY END-USER INDUSTRY, 2018-2032 (USD MILLION)
TABLE 173. NATO SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL, 2018-2032 (USD MILLION)
TABLE 174. GLOBAL SMALL MODULAR REACTOR MARKET SIZE, BY COUNTRY, 2018-2032 (USD MILLION)
TABLE 175. UNITED STATES SMALL MODULAR REACTOR MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 176. UNITED STATES SMALL MODULAR REACTOR MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 177. UNITED STATES SMALL MODULAR REACTOR MARKET SIZE, BY POWER RATING, 2018-2032 (USD MILLION)
TABLE 178. UNITED STATES SMALL MODULAR REACTOR MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 179. UNITED STATES SMALL MODULAR REACTOR MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 180. UNITED STATES SMALL MODULAR REACTOR MARKET SIZE, BY END-USER INDUSTRY, 2018-2032 (USD MILLION)
TABLE 181. UNITED STATES SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL, 2018-2032 (USD MILLION)
TABLE 182. CHINA SMALL MODULAR REACTOR MARKET SIZE, 2018-2032 (USD MILLION)
TABLE 183. CHINA SMALL MODULAR REACTOR MARKET SIZE, BY TYPE, 2018-2032 (USD MILLION)
TABLE 184. CHINA SMALL MODULAR REACTOR MARKET SIZE, BY POWER RATING, 2018-2032 (USD MILLION)
TABLE 185. CHINA SMALL MODULAR REACTOR MARKET SIZE, BY DEPLOYMENT, 2018-2032 (USD MILLION)
TABLE 186. CHINA SMALL MODULAR REACTOR MARKET SIZE, BY APPLICATION, 2018-2032 (USD MILLION)
TABLE 187. CHINA SMALL MODULAR REACTOR MARKET SIZE, BY END-USER INDUSTRY, 2018-2032 (USD MILLION)
TABLE 188. CHINA SMALL MODULAR REACTOR MARKET SIZE, BY INDUSTRIAL, 2018-2032 (USD MILLION)

Companies Mentioned

The key companies profiled in this Small Modular Reactor market report include:

ARC Clean Technology, Inc.
AtkinsRéalis Group Inc.
Blykalla AB
China National Nuclear Corporation
General Atomics
General Electric Company
Holtec International
Kairos Power
Mirion Technologies, Inc.
Mitsubishi Heavy Industries, Ltd.
Moltex Energy Ltd.
NANO Nuclear Energy Inc.
NuScale Power Corporation
Oklo, Inc.
Rolls-Royce Holdings PLC
Seaborg Technologies ApS
Southern Company
State Atomic Energy Corporation ROSATOM
TerraPower LLC
Terrestrial Energy Inc.
ThorCon Power
Toshiba Corporation
Tractebel Group by Engie Group
Westinghouse Electric Company LLC
X Energy, LLC
Électricité de France SA

Table Information

Report Attribute	Details
No. of Pages	186
Published	January 2026
Forecast Period	2026 - 2032
Estimated Market Value ( USD ) in 2026	$ 6.6 Billion
Forecasted Market Value ( USD ) by 2032	$ 9.22 Billion
Compound Annual Growth Rate	5.6%
Regions Covered	Global
No. of Companies Mentioned	27

License	Properties	Price
SINGLE USER LICENSE PDF, Excel and Online Access	This is a single user license, allowing one user access to the product.	€3511EUR$3,939USD£3,045GBP
1 - 5 USER LICENSE PDF, Excel and Online Access	This is a 1-5 user license, allowing up to five users have access to the product.	€3787EUR$4,249USD£3,285GBP
SITE LICENSE PDF, Excel and Online Access	This is a site license, allowing all users within a given geographical location of your organization access to the product.	€5133EUR$5,759USD£4,452GBP
ENTERPRISE LICENSE PDF, Excel and Online Access	This is an enterprise license, allowing all employees within your organization access to the product.	€6212EUR$6,969USD£5,387GBP

Market Snapshot: Small Modular Reactor Market Growth

Scope & Segmentation

Key Takeaways for Senior Decision-Makers

Tariff Impact and Industrial Localization

Methodology & Data Sources

Why This Report Matters

Conclusion

Table of Contents

Companies Mentioned

Table Information

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