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The CANDU market is a subset of the nuclear power industry, focused on the development and deployment of the CANDU reactor. CANDU reactors are a type of pressurized heavy water reactor, designed to use natural uranium fuel and heavy water moderator. This type of reactor is particularly well-suited for countries with limited access to uranium enrichment technology, as it does not require enriched uranium fuel. CANDU reactors are used in several countries around the world, including Canada, India, Romania, South Korea, and Argentina.
The CANDU market is dominated by a few large companies, including Atomic Energy of Canada Limited (AECL), Candu Energy Inc., and SNC-Lavalin. AECL is the original designer and manufacturer of the CANDU reactor, and is the largest player in the market. Candu Energy Inc. is a subsidiary of SNC-Lavalin, and is responsible for the design, engineering, and construction of CANDU reactors. SNC-Lavalin is a global engineering and construction firm, and is the largest engineering and construction company in Canada. Show Less Read more