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REFERENCE CODE GDNE0075MAR | PUBLICATION DATE APRIL 2014
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
Main Steam Isolation Valves: Global Market Size, Competitive Landscape and Key Country Analysis to 2025 2 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
Executive Summary
India and China to Witness the Largest Demand for Main Steam Isolation Valves between 2014 and 2025
Globally, India is expected to have the largest Main
Steam Isolation Valve (MSIV) market during the
2014–2025 forecast period. In the global nuclear
power market, India has one of the most extensive
development plans, including the construction of
more than XX nuclear reactors. China is expected
to be the second largest market for nuclear MSIVs,
followed by South Korea, Russia, the US, Vietnam,
the UK, France and Ukraine.
The following figure illustrates the estimated global
demand for MSIVs between 2014 and 2025.
Main Steam Isolation Valve Market, Global, 2014–2025
Indi
a
Chi
na
Sout
h Ko
rea
Rus
sia
US
Viet
nam U
K
Fran
ce
Ukr
aine
Mai
n st
eam
isol
atio
n va
lves
Source: GlobalData
Europe to have Highest Main Steam Isolation Valve Market Value between 2014 and 2025
In the global nuclear power market, Europe is
expected to have the largest regional market value
for MSIVs, at around $XXm for the period between
2014 and 2025. The Asia-Pacific market will lag
slightly behind at $XXm. However, the market for
Japan has been excluded from the Asia-Pacific
analysis owing to the uncertain scenario in the
country. Russia, France and Ukraine in Europe,
and India, China and South Korea in Asia-Pacific
are the key countries contributing to the regional
MSIV market. However, worsening ties between
Ukraine and Russia stand to jeopardize Ukraine’s
nuclear development plans, rendering demand for
MSIVs unpredictable.
The following figure illustrates the estimated
regional market value for MSIVs between 2014
and 2025.
Main Steam Isolation Valve Market, Regional, Value ($m), 2014–2025
Europe Asia-Pacific North America Middle East and Africa
South and Central America
Valu
e ($
m)
Source: GlobalData
Main Steam Isolation Valves: Global Market Size, Competitive Landscape and Key Country Analysis to 2025 4 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
Table of Contents
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
1 Table of Contents
1 Table of Contents ....................................................................................................................... 4
1.1 List of Tables .................................................................................................................... 12
1.2 List of Figures ................................................................................................................... 16
2 Introduction ............................................................................................................................... 20
2.1 GlobalData Report Guidance ............................................................................................ 20
3 Main Steam Isolation Valve Market Overview, Global ............................................................... 22
3.1 Main Steam Isolation Valve Market, Global, Nuclear Power Generation ........................... 22
3.2 Main Steam Isolation Valve Market, Global, Drivers .......................................................... 24
3.2.1 High Cost of Nuclear New Builds................................................................................... 24
3.2.2 Increasing Power Demand ............................................................................................ 25
3.2.3 Need to Cut Greenhouse Gas Emissions ...................................................................... 25
3.2.4 Soaring Fossil Fuel Prices, Coupled with Scarcity of Energy Sources, .......................... 25
3.3 Main Steam Isolation Valve Market, Global, Restraints ..................................................... 26
3.3.1 Anti-Nuclear Public Opinion ........................................................................................... 26
3.3.2 Safety Concerns Regarding Nuclear Reactors .............................................................. 26
3.3.3 Nuclear Waste Disposal ................................................................................................ 26
3.3.4 Difficulty of Financing Nuclear Power Projects .............................................................. 26
3.4 Main Steam Isolation Valve Market, Global, Volume and Value Analysis .......................... 27
4 Main Steam Isolation Valve Market Overview, North America ................................................... 31
4.1 Main Steam Isolation Valve Market Overview, North America ........................................... 31
4.1.1 Main Steam Isolation Valve Market, North America, Nuclear Power Generation ........... 31
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Table of Contents
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
4.1.2 Main Steam Isolation Valve Market, North America, Market Volume and Value ............ 33
4.2 Main Steam Isolation Valve Market Overview, US ............................................................ 37
4.2.1 Main Steam Isolation Valve Market, US, Nuclear Power Generation ............................. 37
4.2.2 Main Steam Isolation Valve Market, US, Drivers ........................................................... 40
4.2.3 Main Steam Isolation Valve Market, US, Restraints....................................................... 41
4.2.4 Main Steam Isolation Valve Market, US, Regulatory Framework ................................... 42
4.2.5 Main Steam Isolation Valve Market, US, Market Volume and Value .............................. 46
4.2.6 Main Steam Isolation Valve Market, US, Key Players .................................................... 49
4.2.7 Main Steam Isolation Valve Market, US, Analyst Opinion .............................................. 52
4.3 Main Steam Isolation Valve Market Overview, Canada ..................................................... 52
4.3.1 Main Steam Isolation Valve Market, Canada, Nuclear Power Generation ..................... 52
4.3.2 Main Steam Isolation Valve Market, Canada, Drivers .................................................... 55
4.3.3 Main Steam Isolation Valve Market, Canada, Restraints ............................................... 56
4.3.4 Main Steam Isolation Valve Market, Canada, Regulatory Framework ........................... 57
4.3.5 Main Steam Isolation Valve Market, Canada, Market Volume and Value ...................... 60
4.3.6 Main Steam Isolation Valve Market, Canada, Key Players ............................................ 63
4.3.7 Main Steam Isolation Valve Market, Canada, Analyst Opinion ...................................... 64
5 Main Steam Isolation Valve Market Overview, Europe .............................................................. 65
5.1 Main Steam Isolation Valve Market Overview, Europe ...................................................... 65
5.1.1 Main Steam Isolation Valve Market, Europe, Nuclear Power Generation ...................... 65
5.1.2 Main Steam Isolation Valve Market, Europe, Market Volume and Value ....................... 67
5.2 Main Steam Isolation Valve Market Overview, France ...................................................... 71
5.2.1 Main Steam Isolation Valve Market, France, Nuclear Power Generation ....................... 71
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Table of Contents
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
5.2.2 Main Steam Isolation Valve Market, France, Drivers ..................................................... 74
5.2.3 Main Steam Isolation Valve Market, France, Restraints ................................................ 75
5.2.4 Main Steam Isolation Valve Market, France, Regulatory Framework ............................. 76
5.2.5 Main Steam Isolation Valve Market, France, Market Volume and Value ........................ 79
5.2.6 Main Steam Isolation Valve Market, France, Key Players.............................................. 83
5.2.7 Main Steam Isolation Valve Market, France, Analyst Opinion ........................................ 83
5.3 Main Steam Isolation Valve Market Overview, Russia....................................................... 84
5.3.1 Main Steam Isolation Valve Market, Russia, Nuclear Power Generation ....................... 84
5.3.2 Main Steam Isolation Valve Market, Russia, Drivers ..................................................... 86
5.3.3 Main Steam Isolation Valve Market, Russia, Restraints ................................................. 87
5.3.4 Main Steam Isolation Valve Market, Russia, Regulatory Framework ............................. 87
5.3.5 Main Steam Isolation Valve Market, Russia, Market Volume and Value ........................ 90
5.3.6 Main Steam Isolation Valve Market, Russia, Key Players .............................................. 93
5.3.7 Main Steam Isolation Valve Market, Russia, Analyst Opinion ........................................ 94
5.4 Main Steam Isolation Valve Market Overview, UK ............................................................ 94
5.4.1 Main Steam Isolation Valve Market, UK, Nuclear Power Generation ............................. 94
5.4.2 Main Steam Isolation Valve Market, UK, Drivers ........................................................... 97
5.4.3 Main Steam Isolation Valve Market, UK, Restraints....................................................... 98
5.4.4 Main Steam Isolation Valve Market, UK, Regulatory Framework ................................... 98
5.4.5 Main Steam Isolation Valve Market, UK, Market Volume and Value ............................ 101
5.4.6 Main Steam Isolation Valve Market, UK, Key Players .................................................. 104
5.4.7 Main Steam Isolation Valve Market, UK, Analyst Opinion ............................................ 104
5.5 Main Steam Isolation Valve Market Overview, Ukraine ................................................... 105
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Table of Contents
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
5.5.1 Main Steam Isolation Valve Market, Ukraine, Nuclear Power Generation .................... 105
5.5.2 Main Steam Isolation Valve Market, Ukraine, Drivers .................................................. 107
5.5.3 Main Steam Isolation Valve Market, Ukraine, Restraints ............................................. 108
5.5.4 Main Steam Isolation Valve Market, Ukraine, Regulatory Framework.......................... 108
5.5.5 Main Steam Isolation Valve Market, Ukraine, Market Volume and Value ..................... 110
5.5.6 Main Steam Isolation Valve Market, Ukraine, Key Players .......................................... 114
5.5.7 Main Steam Isolation Valve Market, Ukraine, Analyst Opinion .................................... 115
6 Main Steam Isolation Valve Market Overview, Asia-Pacific ..................................................... 116
6.1 Main Steam Isolation Valve Market Overview, Asia-Pacific ............................................. 116
6.1.1 Main Steam Isolation Valve Market, Asia-Pacific, Nuclear Power Generation ............. 116
6.1.2 Main Steam Isolation Valve Market, Asia-Pacific, Market Volume and Value .............. 118
6.2 Main Steam Isolation Valve Market Overview, China ...................................................... 122
6.2.1 Main Steam Isolation Valve Market, China, Nuclear Power Generation ....................... 122
6.2.2 Main Steam Isolation Valve Market, China, Drivers ..................................................... 125
6.2.3 Main Steam Isolation Valve Market, China, Restraints ................................................ 126
6.2.4 Main Steam Isolation Valve Market, China, Regulatory Framework ............................ 127
6.2.5 Main Steam Isolation Valve Market, China, Market Volume and Value........................ 131
6.2.6 Main Steam Isolation Valve Market, China, Key Players ............................................. 135
6.2.7 Main Steam Isolation Valve Market, China, Analyst Opinion ....................................... 136
6.3 Main Steam Isolation Valve Market Overview, India ........................................................ 136
6.3.1 Main Steam Isolation Valve Market, India, Nuclear Power Generation ........................ 136
6.3.2 Main Steam Isolation Valve Market, India, Drivers....................................................... 139
6.3.3 Main Steam Isolation Valve Market, India, Restraints .................................................. 140
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Table of Contents
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
6.3.4 Main Steam Isolation Valve Market, India, Regulatory Framework .............................. 141
6.3.5 Main Steam Isolation Valve Market, India, Market Volume and Value ......................... 145
6.3.6 Main Steam Isolation Valve Market, India, Key Players ............................................... 148
6.3.7 Main Steam Isolation Valve Market, India, Analyst Opinion ......................................... 148
6.4 Main Steam Isolation Valve Market Overview, South Korea ............................................ 149
6.4.1 Main Steam Isolation Valve Market, South Korea, Nuclear Power Generation ............ 149
6.4.2 Main Steam Isolation Valve Market, South Korea, Drivers........................................... 151
6.4.3 Main Steam Isolation Valve Market, South Korea, Restraints ...................................... 152
6.4.4 Main Steam Isolation Valve Market, South Korea, Regulatory Framework .................. 153
6.4.5 Main Steam Isolation Valve Market, South Korea, Market Volume and Value ............. 157
6.4.6 Main Steam Isolation Valve Market, South Korea, Key Players ................................... 161
6.4.7 Main Steam Isolation Valve Market, South Korea, Analyst Opinion ............................. 162
7 Main Steam Isolation Valve Market Overview, Emerging Nuclear Countries ........................... 163
7.1 Main Steam Isolation Valve Market Overview, Vietnam .................................................. 163
7.1.1 Main Steam Isolation Valve Market, Vietnam, Nuclear Power Generation ................... 163
7.1.2 Main Steam Isolation Valve Market, Vietnam, Drivers ................................................. 166
7.1.3 Main Steam Isolation Valve Market, Vietnam, Regulatory Framework ......................... 167
7.1.4 Main Steam Isolation Valve Market, Vietnam, Market Volume and Value .................... 170
7.2 Main Steam Isolation Valve Market Overview, UAE ........................................................ 174
7.2.1 Main Steam Isolation Valve Market, UAE, Nuclear Power Generation......................... 174
7.2.2 Main Steam Isolation Valve Market, UAE, Drivers ....................................................... 176
7.2.3 Main Steam Isolation Valve Market, UAE, Regulatory Framework .............................. 178
7.2.4 Main Steam Isolation Valve Market, UAE, Market Volume and Value ......................... 180
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Table of Contents
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
7.3 Main Steam Isolation Valve Market Overview, Turkey ..................................................... 184
7.3.1 Main Steam Isolation Valve Market, Turkey, Nuclear Power Generation ..................... 184
7.3.2 Main Steam Isolation Valve Market, Turkey, Drivers ................................................... 187
7.3.3 Main Steam Isolation Valve Market, Turkey, Restraints ............................................... 188
7.3.4 Main Steam Isolation Valve Market, Turkey, Regulatory Framework ........................... 188
7.3.5 Main Steam Isolation Valve Market, Turkey, Market Volume and Value ...................... 190
8 Main Steam Isolation Valve Market Overview, Key Company Profiles .................................... 195
8.1 Flowserve Corporation .................................................................................................... 195
8.1.1 Company Overview ..................................................................................................... 195
8.1.2 Products and Services ................................................................................................ 196
8.1.3 Locations and Subsidiaries.......................................................................................... 198
8.2 Control Components Inc ................................................................................................. 199
8.2.1 Company Overview ..................................................................................................... 199
8.2.2 Products and Services ................................................................................................ 200
8.2.3 Locations and Subsidiaries.......................................................................................... 201
8.3 Velan Inc ......................................................................................................................... 202
8.3.1 Company Overview ..................................................................................................... 202
8.3.2 Products and Services ................................................................................................ 203
8.3.3 Locations and Subsidiaries.......................................................................................... 204
8.4 KSB Aktiengesellschaft ................................................................................................... 205
8.4.1 Company Overview ..................................................................................................... 205
8.4.2 Products and Services ................................................................................................ 206
8.4.3 Locations and Subsidiaries.......................................................................................... 207
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Table of Contents
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
8.5 Copes-Vulcan, Inc. .......................................................................................................... 208
8.5.1 Company Overview ..................................................................................................... 208
8.5.2 Products and Services ................................................................................................ 209
8.5.3 Locations and Subsidiaries.......................................................................................... 210
8.6 Weir Group Plc................................................................................................................ 210
8.6.1 Company Overview ..................................................................................................... 210
8.6.2 Products, Services and Brands ................................................................................... 211
8.6.3 Locations and Subsidiaries.......................................................................................... 212
8.7 Jiangsu Shentong Valve Co, Ltd. .................................................................................... 215
8.7.1 Company Overview ..................................................................................................... 215
8.7.2 Products and Services ................................................................................................ 216
8.8 Curtiss-Wright Flow Control Company ............................................................................ 217
8.8.1 Company Overview ..................................................................................................... 217
8.8.2 Products, Services and Brands ................................................................................... 218
8.9 Asco ................................................................................................................................ 219
8.9.1 Company Overview ..................................................................................................... 219
8.9.2 Products and Services ................................................................................................ 220
8.10 Toa Valve Engineering, Inc. ............................................................................................ 220
8.10.1 Company Overview ..................................................................................................... 220
8.10.2 Products and Services ................................................................................................ 221
8.10.3 Locations ..................................................................................................................... 221
8.11 Bopp & Reuther Group .................................................................................................... 221
8.11.1 Company Overview ..................................................................................................... 221
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MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
8.11.2 Products and Services ................................................................................................ 222
8.12 Arako .............................................................................................................................. 222
8.12.1 Company Overview ..................................................................................................... 222
8.12.2 Products and Services ................................................................................................ 223
9 Appendix ................................................................................................................................. 224
9.1 Abbreviations .................................................................................................................. 224
9.2 Bibliography .................................................................................................................... 227
9.3 Research Methodology ................................................................................................... 232
9.3.1 Coverage .................................................................................................................... 232
9.3.2 Secondary Research ................................................................................................... 232
9.3.3 Primary Research ....................................................................................................... 233
9.3.4 Modeling and Forecasting ........................................................................................... 233
9.4 Disclaimer ....................................................................................................................... 234
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Table of Contents
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
1.1 List of Tables
Table 1: Nuclear Power Market, Global, Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2025 ................................................................................................................................. 24
Table 2: Main Steam Isolation Valve Market, Global, Market Demand, 2006–2025 ................................... 28
Table 3: Main Steam Isolation Valve Market, Global, Market Value ($m), 2006–2025 ............................... 30
Table 4: Nuclear Power Market, North America, Installed Capacity (GW) and Annual Power Generation
(TWh), 2000–2025 ...................................................................................................................... 33
Table 5: Main Steam Isolation Valve Market, North America, Market Demand, 2006–2025 ....................... 35
Table 6: Main Steam Isolation Valve Market, North America, Market Value ($m), 2006–2025 ................... 37
Table 7: Nuclear Power Market, US, Installed Capacity (GW) and Annual Power Generation (TWh), 2000–
2025 ........................................................................................................................................... 40
Table 8: US Nuclear Regulatory Commission, Regulatory Authorities ....................................................... 44
Table 9: Main Steam Isolation Valve Market, US, Market Demand, 2006–2025 ........................................ 47
Table 10: Main Steam Isolation Valve Market, US, Market Value ($m), 2006–2025 ..................................... 49
Table 11: Main Steam Isolation Valve Suppliers, US, 2008 ......................................................................... 50
Table 12: Nuclear Power Market, Canada, Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2025 ................................................................................................................................. 55
Table 13: Main Steam Isolation Valve Market, Canada, Market Demand, 2006–2025 ................................. 61
Table 14: Main Steam Isolation Valve Market, Canada, Market Value ($m), 2006–2025 ............................. 63
Table 15: Nuclear Power Market, Europe, Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2025 ................................................................................................................................. 67
Table 16: Main Steam Isolation Valve Market, Europe, Market Demand, 2006–2025 .................................. 69
Table 17: Main Steam Isolation Valve Market, Europe, Market Value ($m), 2006–2025 .............................. 71
Table 18: Nuclear Power Market, France, Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2025 ................................................................................................................................. 74
Table 19: Main Steam Isolation Valve Market, France, Market Demand, 2006–2025 .................................. 81
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MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
Table 20: Main Steam Isolation Valve Market, France, Market Value ($m), 2006–2025 ............................... 83
Table 21: Nuclear Power Market, Russia, Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2025 ................................................................................................................................. 86
Table 22: Main Steam Isolation Valve Market, Russia, Market Demand, 2006–2025 ................................... 91
Table 23: Main Steam Isolation Valve Market, Russia, Market Value ($m), 2006–2025 ............................... 93
Table 24: Valves Supplied by MSA, Russia, 1985–2011 ............................................................................. 94
Table 25: Nuclear Power Market, UK, Installed Capacity (GW) and Annual Power Generation (TWh), 2000–
2025 ........................................................................................................................................... 97
Table 26: Main Steam Isolation Valve Market, UK, Market Demand, 2006–2025 ...................................... 102
Table 27: Main Steam Isolation Valve Market, UK, Market Value ($m), 2006–2025 ................................... 104
Table 28: Nuclear Power Market, Ukraine, Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2025 ............................................................................................................................... 107
Table 29: Main Steam Isolation Valve Market, Ukraine, Market Demand, 2006–2025 ............................... 112
Table 30: Main Steam Isolation Valve Market, Ukraine, Market Value ($m), 2006–2025............................ 114
Table 31: Nuclear Power Market, Asia-Pacific, Installed Capacity (GW) and Annual Power Generation
(TWh), 2000–2025 .................................................................................................................... 118
Table 32: Main Steam Isolation Valve Market, Asia-Pacific, Market Demand, 2006–2025 ......................... 120
Table 33: Main Steam Isolation Valve Market, Asia-Pacific, Market Value ($m), 2006–2025 ..................... 122
Table 34: Steam Generators for Nuclear Power, China, Installed Capacity (GW) and Annual Power
Generation (TWh), 2000–2025 .................................................................................................. 125
Table 35: Main Steam Isolation Valve Market, China, Market Demand, 2006–2025 .................................. 133
Table 36: Main Steam Isolation Valve Market, China, Market Value ($m), 2006–2025 .............................. 135
Table 37: Nuclear Power Market, India, Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2025 ............................................................................................................................... 139
Table 38: Main Steam Isolation Valve Market, India, Market Demand, 2006–2025 .................................... 146
Table 39: Main Steam Isolation Valve Market, India, Market Value ($m), 2006–2025 ................................ 148
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MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
Table 40: Nuclear Power Market, South Korea, Installed Capacity (GW) and Annual Power Generation
(TWh), 2000–2025 .................................................................................................................... 151
Table 41: Main Steam Isolation Valve Market, South Korea, Market Demand, 2006–2025 ........................ 159
Table 42: Main Steam Isolation Valve Market, South Korea, Market Value ($m), 2006–2025 .................... 161
Table 43: Nuclear Power Market, Vietnam, Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2025 ............................................................................................................................... 166
Table 44: Main Steam Isolation Valve Market, Vietnam, Market Demand, 2006–2025............................... 171
Table 45: Main Steam Isolation Valve Market, Vietnam, Market Value ($m), 2006–2025 ........................... 173
Table 46: Nuclear Power Market, UAE, Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2025 ............................................................................................................................... 176
Table 47: Main Steam Isolation Valve Market, UAE, Market Demand, 2006–2025 .................................... 181
Table 48: Main Steam Isolation Valve Market, UAE, Market Value ($m), 2006–2025 ................................ 184
Table 49: Nuclear Power Market, Turkey, Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2025 ............................................................................................................................... 187
Table 50: Main Steam Isolation Valve Market, Turkey, Market Demand, 2006–2025 ................................. 192
Table 51: Main Steam Isolation Valve Market, Turkey, Market Value ($m), 2006–2025 ............................. 194
Table 52: Products and Services, Flowserve, 2014 ................................................................................... 196
Table 53: Subsidiaries, Flowserve, 2014 .................................................................................................. 198
Table 54: Products and Services, CCI, 2014 ............................................................................................ 200
Table 55: Locations, CCI, 2014 ................................................................................................................ 201
Table 56: Products and Services, Velan, 2014 .......................................................................................... 203
Table 57: Subsidiaries, Velan, 2014 ......................................................................................................... 204
Table 58: Products and Services, KSB, 2014............................................................................................ 206
Table 59: Locations and Subsidiaries, KSB, 2014 ..................................................................................... 207
Table 60: Products and Services, Copes-Vulcan, 2014 ............................................................................. 209
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MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
Table 61: Locations, Copes-Vulcan, 2014................................................................................................. 210
Table 62: Products and Services, Weir, 2014 ........................................................................................... 211
Table 63: Locations, Weir, 2014 ............................................................................................................... 212
Table 64: Subsidiaries, Weir, 2014 ........................................................................................................... 212
Table 65: Products and Services, Jiangsu, 2014....................................................................................... 216
Table 66: Products, Services and Brands, CWFC, 2014 ........................................................................... 218
Table 67: Products, Services and Brands, Asco, 2014 .............................................................................. 220
Table 68: Products, TVE, 2014 ................................................................................................................. 221
Table 69: Location, TVE, 2014 ................................................................................................................. 221
Table 70: Products and Services, Bopp & Reuther, 2014 .......................................................................... 222
Table 71: Products and Services, Arako ................................................................................................... 223
Table 72: Abbreviations ............................................................................................................................ 224
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MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
1.2 List of Figures
Figure 1: Nuclear Power Market, Global, Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2025 ................................................................................................................................. 23
Figure 2: Main Steam Isolation Valve Market, Global, Market Demand, 2006–2025 ................................... 27
Figure 3: Main Steam Isolation Valve Market, Global, Market Value ($m), 2006–2025 ............................... 29
Figure 4: Nuclear Power Market, North America, Installed Capacity (GW) and Annual Power Generation
(TWh), 2000–2025 ...................................................................................................................... 32
Figure 5: Main Steam Isolation Valve Market, North America, Market Demand, 2006–2025 ....................... 34
Figure 6: Main Steam Isolation Valve Market, North America, Market Value ($m), 2006–2025 ................... 36
Figure 7: Power Generation by Fuel Type, US, Share (%), 2012 ................................................................ 38
Figure 8: Nuclear Power Market, US, Installed Capacity (GW) and Annual Power Generation (TWh), 2000–
2025 ........................................................................................................................................... 39
Figure 9: Nuclear Regulatory Structure, US, 2014 ...................................................................................... 43
Figure 10: Main Steam Isolation Valve Market, US, Market Demand, 2006–2025 ........................................ 46
Figure 11: Main Steam Isolation Valve Market, US, Market Value ($m), 2006–2025 ..................................... 48
Figure 12: Power Generation by Fuel Type, Canada, Share (%), 2012 ........................................................ 53
Figure 13: Nuclear Power Market, Canada, Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2025 ................................................................................................................................. 54
Figure 14: Nuclear Regulatory Structure, Canada ........................................................................................ 57
Figure 15: Main Steam Isolation Valve Market, Canada, Market Demand, 2006–2025 ................................. 60
Figure 16: Main Steam Isolation Valve Market, Canada, Market Value ($m), 2006–2025 ............................. 62
Figure 17: Nuclear Power Market, Europe, Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2025 ................................................................................................................................. 66
Figure 18: Main Steam Isolation Valve Market, Europe, Market Demand, 2006–2025 .................................. 68
Figure 19: Main Steam Isolation Valve Market, Europe, Market Value ($m), 2006–2025 .............................. 70
Figure 20: Power Generation by Fuel Type, France, Share (%), 2012 .......................................................... 72
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Table of Contents
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COUNTRY ANALYSIS TO 2025
Figure 21: Nuclear Power Market, France, Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2025 ................................................................................................................................. 73
Figure 22: Nuclear Regulatory Structure, France, 2014 ................................................................................ 77
Figure 23: Main Steam Isolation Valve Market, France, Market Demand, 2006–2025 .................................. 80
Figure 24: Main Steam Isolation Valve Market, France, Market Value ($m), 2006–2025 ............................... 82
Figure 25: Power Generation by Fuel Type, Russia, Share (%), 2012 .......................................................... 84
Figure 26: Nuclear Power Market, Russia, Installed Capacity (GW) and Annual Power Generation TWh),
2000–2025 ................................................................................................................................. 85
Figure 27: Nuclear Regulatory Structure, Russia, 2012 ................................................................................ 88
Figure 28: Main Steam Isolation Valve Market, Russia, Market Demand, 2006–2025 ................................... 90
Figure 29: Main Steam Isolation Valve Market, Russia, Market Value ($m), 2006–2025 ............................... 92
Figure 30: Power Generation by Fuel Type, UK, Share (%), 2012 ................................................................ 95
Figure 31: Nuclear Power Market, UK, Installed Capacity (GW) and Annual Power Generation (TWh), 2000–
2025 ........................................................................................................................................... 96
Figure 32: Nuclear Regulatory Structure, UK, 2012 ...................................................................................... 99
Figure 33: Main Steam Isolation Valve Market, UK, Market Demand, 2006–2025 ...................................... 101
Figure 34: Main Steam Isolation Valve Market, UK, Market Value ($m), 2006–2025 ................................... 103
Figure 35: Power Generation by Fuel Type, Ukraine, Share (%), 2012 ....................................................... 105
Figure 36: Nuclear Power Market, Ukraine, Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2025 ............................................................................................................................... 106
Figure 37: Organizational Structure of the SNRC, Ukraine, 2008 ............................................................... 109
Figure 38: Main Steam Isolation Valve Market, Ukraine, Market Demand, 2006–2025 ............................... 111
Figure 39: Main Steam Isolation Valve Market, Ukraine, Market Value ($m), 2006–2025............................ 113
Figure 40: Nuclear Power Market, Asia-Pacific, Installed Capacity (GW) and Annual Power Generation
(TWh), 2000–2025 .................................................................................................................... 117
Figure 41: Main Steam Isolation Valve Market, Asia-Pacific, Market Demand, 2006–2025 ......................... 119
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Table of Contents
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
Figure 42: Main Steam Isolation Valve Market, Asia-Pacific, Market Value ($m), 2006–2025 ..................... 121
Figure 43: Power Generation by Fuel Type, China, Share (%), 2012 .......................................................... 123
Figure 44: Steam Generators for Nuclear Power, China, Installed Capacity (GW) and Annual Power
Generation (TWh), 2000–2025 .................................................................................................. 124
Figure 45: Nuclear Regulatory Structure, China, 2012 ............................................................................... 128
Figure 46: Main Steam Isolation Valve Market, China, Market Demand, 2006–2025 .................................. 132
Figure 47: Main Steam Isolation Valve Market, China, Market Value ($m), 2006–2025 .............................. 134
Figure 48: Power Generation by Fuel Type, India, Share (%), 2012 ........................................................... 137
Figure 49: Nuclear Power Market, India, Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2025 ............................................................................................................................... 138
Figure 50: Nuclear Regulatory Structure, India, 2013 ................................................................................. 143
Figure 51: Main Steam Isolation Valve Market, India, Market Demand, 2006–2025 .................................... 145
Figure 52: Main Steam Isolation Valve Market, India, Market Value ($m), 2006–2025 ................................ 147
Figure 53: Power Generation by Fuel Type, South Korea, Share (%), 2012 ............................................... 149
Figure 54: Nuclear Power Market, South Korea, Installed Capacity (GW) and Annual Power Generation
(TWh), 2000–2025 .................................................................................................................... 150
Figure 55: Nuclear Regulatory Structure, South Korea, 2012 ..................................................................... 153
Figure 56: Main Steam Isolation Valve Market, South Korea, Market Demand, 2006–2025 ........................ 158
Figure 57: Main Steam Isolation Valve Market, South Korea, Market Value ($m), 2006–2025 .................... 160
Figure 58: Power Generation by Fuel Type, Vietnam, Share (%), 2012 ...................................................... 163
Figure 59: Nuclear Power Market, Vietnam, Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2025 ............................................................................................................................... 165
Figure 60: Nuclear Regulatory Structure, Vietnam, 2013 ............................................................................ 168
Figure 61: Main Steam Isolation Valve Market, Vietnam, Market Demand, 2006–2025............................... 170
Figure 62: Main Steam Isolation Valve Market, Vietnam, Market Value ($m), 2006–2025 ........................... 172
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COUNTRY ANALYSIS TO 2025
Figure 63: Power Generation by Fuel Type, UAE, Share (%), 2012............................................................ 174
Figure 64: Nuclear Power Market, UAE, Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2025 ............................................................................................................................... 175
Figure 65: Nuclear Regulatory Structure, UAE, 2013 ................................................................................. 178
Figure 66: Main Steam Isolation Valve Market, UAE, Market Demand, 2006–2025 .................................... 181
Figure 67: Main Steam Isolation Valve Market, UAE, Market Value ($m), 2006–2025 ................................ 183
Figure 68: Power Generation by Fuel Type, Turkey, Share (%), 2013 ........................................................ 185
Figure 69: Nuclear Power Market, Turkey, Installed Capacity (GW) and Annual Power Generation (TWh),
2000–2025 ............................................................................................................................... 186
Figure 70: Nuclear Regulatory Structure, Turkey, 2013 .............................................................................. 189
Figure 71: Main Steam Isolation Valve Market, Turkey, Market Demand, 2006–2025 ................................. 191
Figure 72: Main Steam Isolation Valve Market, Turkey, Market Value ($m), 2006–2025 ............................. 193
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MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
Introduction
2 Introduction
The global nuclear power sector will expand in the future due to the increasing demand for
electricity across the world. Most of the countries that currently use nuclear power are expanding
their nuclear fleet, while another XX are planning to introduce nuclear power into their energy mix.
The growing popularity of nuclear energy will spur the demand for equipment used in Nuclear
Power Plants (NPP). Furthermore, countries with operating nuclear reactors will increase the
demand for such equipment in the aftermarket.
Nuclear Main Steam Isolation Valves (MSIV) are key pieces of equipment used in nuclear power
generation facilities for isolating steam pipelines in case of pipe rupture, Loss of Coolant Accidents
(LOCA) and other emergency situations. Due to growing concerns regarding the safety of nuclear
plants, an increasing amount of emphasis is being placed on their safety.
2.1 GlobalData Report Guidance
The following subjects are covered in the report:
The report begins with the Executive Summary that outlines the key research findings of the
report.
Chapter two the Introduction, gives a brief overview of the report and the contents of each
chapter.
Chapter three, ‘Main Steam Isolation Valve Market, Global’, introduces the global nuclear
power generation market, including past and forecast figures, details of the drivers and
restraints affecting the market for MSIVs, and details of the size of the global market in terms of
volume and value.
Chapter four, ‘Main Steam Isolation Valve Market, North America’, discusses the nuclear MSIV
market in the North American region and in key countries such as Canada and the US between
2006 and 2025.
Chapter five, ‘Main Steam Isolation Valve Market, Europe’, discusses the nuclear MSIV market
in the European region and in key countries such as France, Russia, the UK and Ukraine
between 2006 and 2025.
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MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
Introduction
Chapter six, ‘Main Steam Isolation Valve Market, Asia-Pacific’, discusses the nuclear MSIV
market in the Asia-Pacific region and in key countries such as China, Japan, India and South
Korea between 2006 and 2025.
Chapter seven, ‘Main Steam Isolation Valve Market, Emerging Nuclear Countries’, discusses
the nuclear MSIV market in key emerging nuclear countries such as Vietnam, the United Arab
Emirates (UAE) and Turkey between 2006 and 2025.
Chapter eight ‘Main Steam Isolation Valve Market, Key Company Profiles’, includes company
overviews, products, services, locations, subsidiaries and a list of supply references of key
companies in the nuclear MSIV market.
Chapter nine, the Appendix, includes the abbreviations, bibliography, market analysis
methodology, and contact details.
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Emerging Nuclear Countries
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
7.2 Main Steam Isolation Valve Market Overview, UAE
7.2.1 Main Steam Isolation Valve Market, UAE, Nuclear Power Generation
In the UAE, thermal is the only significant source of power, and is categorized into gas and oil-
based electricity production. Gas dominates the energy mix, contributing XX% of the total, while
solar PV and oil-based electricity production account for less than XX%. The country’s evident
need to diversify its energy mix and reduce its domestic fossil fuel consumption is pushing the UAE
towards nuclear power.
The following figure represents the breakdown of power generation by fuel type in the UAE, as of
2012.
Figure 63: Power Generation by Fuel Type, UAE, Share (%), 2012
Gas
Solar PV Oil
Source: GlobalData, Power eTrack, Capacity and Generation Database [Accessed on February 12, 2014]
The first unit of the first NPP in the UAE is expected to come online in 2017, with one reactor to be
built each year after that until 2020. A total of four nuclear reactors are expected to be operating by
2020, with an aggregate nuclear installed capacity of XX GW. The contract was awarded to the
South Korean agency KEPCO, ahead of three other players from France, Japan and the US, due
to low construction costs, demonstration of high capacity factors, and short construction time. The
contract also includes the supply of fuel for all XX units.
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Emerging Nuclear Countries
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
Nuclear installed capacity and generation are expected to grow steadily from 2017, when the
country’s first reactor is scheduled to come online, but to plateau after 2020, when all four planned
reactors have come online. Nuclear capacity and generation are expected to reach XX GW and XX
TWh by 2025.
The following figure illustrates nuclear installed capacity and generation in the UAE between 2000
and 2025.
Figure 64: Nuclear Power Market, UAE, Installed Capacity (GW) and Annual Power Generation (TWh), 2000–2025
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Ann
ual p
ower
gen
erat
ion
(TW
h)
Inst
alle
d ca
paci
ty (G
W)
Installed capacity Annual power generation
Source: GlobalData, Nuclear eTrack, Capacity and Generation Database [Accessed on February 12, 2014]
Main Steam Isolation Valves: Global Market Size, Competitive Landscape and Key Country Analysis to 2025 176 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
Emerging Nuclear Countries
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
Table 46: Nuclear Power Market, UAE, Installed Capacity (GW) and Annual Power Generation (TWh), 2000–2025
Year Installed capacity Annual power generation
2000
2001
2002
2003
2004
2005
2006
2007
2008
2009
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Source: GlobalData, Nuclear eTrack, Capacity and Generation Database [Accessed on February 12, 2014]
7.2.2 Main Steam Isolation Valve Market, UAE, Drivers
7.2.2.1 Increasing Power Demand
The demand for power in the UAE has witnessed a substantial rise in recent years, and is forecast
to increase at a higher rate during the period between 2013 and 2020. The demand for power
increased from XX TWh in 2000 to XX TWh in 2012, at a CAGR of XX%. It is forecast to increase
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Appendix
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
9 Appendix
9.1 Abbreviations
Table 72: Abbreviations Abbreviation Definition
AAGR Average Annual Growth Rate
AEC Atomic Energy Commission
AECL Atomic Energy of Canada Ltd
AEPC Atomic Energy Promotion Committee
AERB Atomic Energy Regulatory Board
ANDRA National Radioactive Waste Management Agency
Asco ASCO Valve Inc
ASME American Society of Mechanical Engineers
ASN Autorité de Sûreté Nucléaire
Bopp & Reuther Bopp & Reuther Group
CAEA China Atomic Energy Authority
CAGR Compound Annual Growth Rate
CANDU Canada Deuterium and Uranium
CCI Control Components Inc
CEA Commissariat à l’Energie Atomique et aux Energies Alternatives
CNSC Canadian Nuclear Safety Commission
Copes-Vulcan Copes-Vulcan, Inc.
CPR1000 Chinese Pressurized Water Reactor 1000
CWFC Curtiss-Wright Flow Control Company
DAE Department of Atomic Energy
DECC Department of Energy and Climate Change
DoE Department of Energy
EDF Electricite De France
EDO Executive Director for Operations
EJ Exajoule
FANR Federal Authority for Nuclear Regulation
Flowserve Flowserve Corporation
FSG Flow Solutions Group
GCR Gas-Cooled Reactor
GW Gigawatts
GWh Gigawatt hour
HSE Health and Safety Executive
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Appendix
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
IAEA International Atomic Energy Agency
Jiangsu Jiangsu Shentong Valve Co., Ltd.
KINS Korea Institute of Nuclear Safety
KRMC Korean Radioactive Waste Management Corporation
KSB KSB Aktiengesellschaft
kW kilowatt
LOCA Loss of Coolant Accident
MEST Ministry of Education Science and Technology
MOC Ministry of Commerce
MoIT Ministry of Industry and Trade
MoST Ministry of Science and Technology
MSIV Main Steam Isolation Valve
MW Megawatt
NDRC National Development and Reform Commission
NEA National Energy Administration
NNSA National Nuclear Security Administration
NPP Nuclear Power Plant
NRB Nuclear Regulatory Bureau
NRC Nuclear Regulatory Commission
NSSC Nuclear Safety and Securities Commission
PHWR Pressurized Heavy Water Reactor
PLEX Plant Life Extension
PV Photo-Voltaic
RAW Radioactive Waste
Ringo Ringo Valvulas Espana
SCEPA Scottish Environment Protection Agency
SEPA State Environmental Protection Agency
SNF Spent Nuclear Fuel
SNRC State Nuclear Regulatory Committee
TAEA Turkish Atomic Energy Authority
tU tons of Uranium
TVE Toa Valve Engineering, Inc.
TWh Terawatt hours
U3O8 Triuranium octoxide
UAE United Arab Emirates
UKAEA UK Atomic Energy Authority
VAEA Vietnam Atomic Energy Agency
VARANS Vietnam Agency for Radiation and Nuclear Safety
Velan Velan Inc
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Appendix
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
Weir Weir Group Plc
Source: GlobalData
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Appendix
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
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MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
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MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
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Main Steam Isolation Valves: Global Market Size, Competitive Landscape and Key Country Analysis to 2025 230 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
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MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
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Main Steam Isolation Valves: Global Market Size, Competitive Landscape and Key Country Analysis to 2025 231 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
Appendix
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
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bndKB9Bk [Accessed on February 16, 2014].
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Main Steam Isolation Valves: Global Market Size, Competitive Landscape and Key Country Analysis to 2025 232 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
Appendix
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
9.3 Research Methodology
GlobalData’s dedicated research and analysis teams consist of experienced professionals with
advanced statistical expertise and marketing, market research and consulting backgrounds in the
energy industry.
GlobalData adheres to the codes of practice set by the Market Research Society (www.mrs.org.uk)
and Strategic and Competitive Intelligence Professionals (www.scip.org).
The following research methodology has been followed for MSIVs.
9.3.1 Coverage
We track hundreds of nuclear energy news sources on a daily basis. Using this news flow and
regular interaction with industry experts, we are able to identify key trends. These can be market
opportunities, industry consolidation, technological breakthroughs, and policy updates. The report
investigates these trends in detail with the objective of providing the most up-to-date vision of the
industry possible.
The report covers the energy mix, nuclear capacity, nuclear generation, drivers, restraints,
regulatory frameworks, market volume, market value, and ranking of players in a country and
company profiles of key players.
The report analyzes the demand and market value for MSIVs in key countries. Additionally, the
report also states the key factors impacting the demand for MSIVs in a country and ranks the
players active in the nuclear valve market in respective countries.
The report also includes a section on key players and their activities in these countries.
9.3.2 Secondary Research
The research process begins with extensive secondary research using internal and external
sources to provide qualitative and quantitative information related to MSIVs.
The secondary research sources that are typically referred to include, but are not limited to:
Company websites, annual reports and financial reports
Industry trade journals and other literature
Internal and external proprietary databases
Main Steam Isolation Valves: Global Market Size, Competitive Landscape and Key Country Analysis to 2025 233 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
Appendix
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
National government documents, statistical databases and market reports
News articles, press releases and web-casts specific to the companies operating in the market
9.3.3 Primary Research
Primary research further substantiates the information found through secondary research. It serves
as a quality control mechanism and a means of obtaining updates on issues such as changes in
policy frameworks and the development of the nuclear sector.
GlobalData conducts primary interviews with industry participants and commentators in order to
validate data and analysis. A typical research interview fulfills the following functions:
Provides first-hand information on market size, market trends, growth trends, competitive
landscape and future outlook
Helps to validate and strengthen secondary research findings
Further develops the analysis team’s expertise and market understanding
Primary research involves email correspondence, telephone interviews and face-to-face interviews
for each market category, segment and sub-segment across a range of geographies.
The participants who typically take part in such a process include, but are not limited to:
Industry participants: CEOs, VPs, marketing/product managers, market intelligence managers
and national sales managers
Outside experts: investment bankers, valuation experts, research analysts and key opinion
leaders specializing in the nuclear energy industry
9.3.4 Modeling and Forecasting
The market size or volume of the MSIV market has been estimated by taking into account various
factors that directly impact the industry. This includes the relevant details of operating reactors
such as their capacity, type, year online, operating license, life of MSIVs, usage levels and lead
time.
To estimate the market size, the number of MSIVs installed in each reactor has been determined,
which forms the basis for estimating the number MSIVs that will be required for upcoming reactors.
Main Steam Isolation Valves: Global Market Size, Competitive Landscape and Key Country Analysis to 2025 234 © GlobalData. This report is a licensed product and is not to be copied, reproduced, shared or resold in any form.
Appendix
MAIN STEAM ISOLATION VALVES: GLOBAL MARKET SIZE, COMPETITIVE LANDSCAPE AND KEY
COUNTRY ANALYSIS TO 2025
An average lead time of three years and average life of 25 years for each MSIV has been assumed
to estimate the demand for MSIVs.
The market value has been derived with the help of market size and the average price of MSIVs
based on reactor type and capacity. Market value has been estimated based on several contracts
and primary research.
9.4 Disclaimer
All Rights Reserved.
No part of this publication may be reproduced, stored in a retrieval system or transmitted in any
form by any means, electronic, mechanical, photocopying, recording or otherwise without the prior
permission of the publisher, GlobalData.