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Nuclear Robots Market Share

Report ID: GMI6979
Published Date: Jun 2024
Report Format: PDF

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Nuclear Robots Market Share

Hitachi, Ltd. and KUKA AG held a share of over 10% in the wire wound variable resistors market in 2023. Hitachi, Ltd. is a multinational conglomerate headquartered in Tokyo, Japan. Established in 1910, it operates across various sectors, including information technology, telecommunications, and power systems. In the nuclear robotics field, Hitachi develops advanced robotic solutions for nuclear power plant maintenance, inspection, and decommissioning tasks, ensuring safety and efficiency in the nuclear industry.

KUKA AG is a German manufacturer of industrial robots and automation solutions. Founded in 1898, KUKA specializes in the development and production of robotic systems for various industries, including automotive, aerospace, and manufacturing. In the nuclear sector, KUKA provides robotic solutions for tasks such as handling radioactive materials, inspection of nuclear facilities, and dismantling of nuclear reactors, contributing to safer and more efficient operations in the nuclear industry.

Nuclear Robots Market Companies

Major players operating in the nuclear robots industry are:

Areva
Boston Dynamics
Hitachi, Ltd.
James Fisher Technologies
KUKA AG
Mitsubishi Heavy Industries
QinetiQ

Authors: Suraj Gujar , Deeksha Vishwakarma

Frequently Asked Questions (FAQ) :

Industry size for nuclear robots was worth USD 1.6 billion in 2023 and is projected to expand at over 10% CAGR from 2024 to 2032, owing to the rising safety concerns, advancements in robotics technology, and the growing need for precision in hazardous environments.

The remote manipulators type segment in the nuclear robots industry is projected to account for more than USD 1.5 billion by 2032, as they enable precise and dexterous handling of objects & tools in radioactive environments.

The nuclear decommissioning end-user segment in the nuclear robots industry is estimated to register over 15% CAGR between 2024 and 2032, driven by the need to dismantle & decontaminate retired nuclear facilities for reducing human exposure to radiation.

North America market accounted for more than 35% share in 2023 and is estimated to grow at substantial CAGR between 2024 and 2032, due to the aging nuclear power plants along with growing demand for robot-assisted inspection, maintenance, and decommissioning.