Product Code: EGY173B
Highlights:
The global market for nuclear fusion technologies is expected to increase from $1.7 billion in 2035 to $6.8 billion by the end of 2040, with a compound annual growth rate (CAGR) of 31.6% during the forecast period of 2035-2040.
The North American market for nuclear fusion technologies is expected to increase from $1.2 billion in 2035 to $4.4 billion by the end of 2040, with a CAGR of 29.4% during the forecast period of 2035-2040.
The Asia-Pacific market for nuclear fusion technologies is projected to increase from $182.3 million in 2035 to $1.0 billion by the end of 2040, with a CAGR of 41.4% during the forecast period of 2035-2040.
Report Scope:
The report provides an overview of the nuclear fusion market and analyzes market trends. The nuclear fusion market is through in the stages of R&D, and from the fusion company's information it is expected to be commercialized between 2032 to 2038. Hence, 2035 is considered as the base year, and the report provides market data for the forecast period 2036 through 2040 by estimating values derived from manufacturers. Revenue forecasts for this period are segmented based on technology, application, and geography.
The report also includes a section on the major players in the market. Further, it explains the major drivers, competitive landscape, and current trends of the nuclear fusion market. The report concludes with a focus on the nuclear fusion vendor landscape and includes profiles of the major players operating in the global market.
Report Includes:
- 14 data tables and 53 additional tables
- An overview of global market outlook for nuclear fusion and advanced materials
- Analyses of global market trends, with data from 2035-2040, and projections of compound annual growth rates (CAGRs) through 2040
- An identification of market trends, issues and forecasts impacting the global market and a breakdown of the market based on type, technology, and region
- An outline of the recent technological advances in certain advanced materials and their use in the commercialization of nuclear fusion power over the next few decades
- Coverage of nuclear fusion regulations across several countries, government funded projects, start-ups in nuclear fusion, and alternative energy investments opportunities in the oil & gas industry
- A discussion of the key advanced materials, the technologies related to fusion power, and their current and future potential
- Company profiles of major players within the industry, including Commonwealth Fusion Systems, First Light Fusion Ltd, General Fusion Inc., HB11 Energy Holdings Pty Ltd, and Marvel Fusion GmbH
Table of Contents
Chapter 1 Introduction
- Overview
- Study Goals and Objectives
- Reasons for Doing This Study
- Scope of Report
- What's New in this Update?
- Methodology
- Information Sources
- Geographic Breakdown
Chapter 2 Summary and Highlights
Chapter 3 Market and Technology Overview
- Nuclear Fusion History
- Nuclear Fusion Regulations by Country
- U.S.
- U.K.
- France
- Germany
- Russia
- China
- South Korea
- Analysis of the Abovementioned Regulations
- Value Chain Analysis of the Nuclear Fusion Industry
- Research & Development
- Component and Fuel Suppliers
- System Integrators/Nuclear Fusion Companies
- Potential Industry Applications
- Patent Analysis
Chapter 4 Market Dynamics
- Market Drivers
- Increased Funding by Top Venture Capitalist and Other Private Investors
- Increase in Government Funded Projects
- Growing Number of Start-ups in Nuclear Fusion
- Growing Need for Additional Amount of Energy and Zero Carbon Energy
- Market Opportunities
- Alternative Energy Investments Opportunities in the Oil & Gas Industry
- Growth Potential for Space Industry
- Integration of Artificial intelligence (AI) and Machine Learning (ML) Technologies for Nuclear Fusion
- Market Challenges
- High Capital Costs for Constructing and Commissioning of Nuclear Fusion Facilities
- Issues Faced by Plasma Heating, Confinement, and Stability
- Low Availability of Tritium
- Regulation and Licensing of Commercial Fusion Energy Facilities
Chapter 5 Market Breakdown by Technology
- Overview
- Magnetic Confinement Fusion
- Inertial Confinement Fusion
- Magneto Inertial Fusion
Chapter 6 Market Breakdown by Application
- Overview
- Electricity Generation
- Space Propulsion
- Others (Marine Propulsion, Medical, Off-Grid Energy, Hydrogen and/or Clean Fuels, Industrial Heating)
Chapter 7 Market Breakdown by Region
- Overview
- North America
- U.S.
- Canada
- Mexico
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- APAC
- China
- Japan
- India
- Thailand
- Rest of APAC
- Rest of the World
Chapter 8 Competitive Landscape
- Strategic Analysis
- Recent Key Developments
- Competitive Analysis
- Analysis on Alternative Power Generation Technologies
- Time by Proof-of-Concept to Early Commercialization for Energy Technologies
- Is Small Modular Reactor (SMR) a Threat for Nuclear Fusion?
Chapter 9 Company Profiles
- AVALANCHE ENERGY DESIGNS LLC
- COMMONWEALTH FUSION SYSTEMS (CFS)
- CTFUSION
- EX-FUSION INC.
- FOCUSED ENERGY
- FIRST LIGHT FUSION LTD
- GENERAL FUSION INC.
- HB11 ENERGY HOLDINGS PTY LTD
- HELION ENERGYINC.
- MARVEL FUSION GMBH
- MAGNETO-INERTIAL FUSION TECHNOLOGIES INC. (MIFTI)
- PRINCETON FUSION SYSTEMS INC.
- TAE TECHNOLOGIES INC.
- TOKAMAK ENERGY LTD.
- ZAP ENERGY INC.
Chapter 10 Appendix: Acronyms