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Small Modular Reactor Market Report 2025 – For Strategy Officers And Market Intelligence Teams

2025-07-28  |  08:55:05
The Business Research Company

The Business Research Company

The Business Research Company’s Small Modular Reactor Global Market Report 2025 – Market Size, Trends, And Forecast 2025-2034

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LONDON, GREATER LONDON, UNITED KINGDOM, July 28, 2025 /EINPresswire.com/ -- The forecasted landscape of the global small modular reactor market expectantly suggests exponential growth across the coming years, according to fresh findings from inside the sector. This journey will observe a staggering increase from $0.27 billion in 2024 to an estimated market size of $0.67 billion by the year 2025, at a booming compound annual growth rate CAGR of 152.1%. The supportive pillars of this growth can be traced back to various factors including regulatory support, increasing electricity demand, along with the overarching concern for energy security and the imperative requirement for carbon emission reduction.

What Is The Projected Future Growth Of The Small Modular Reactor Market Size?
Looking ahead, the small modular reactor market size is projected to push its own limits, with anticipated growth to $2.71 billion in 2029 at a compound annual growth rate CAGR of 41.7%. The supportive stanchions here are a growing inclination and focus towards clean energy solutions, demand for flexible power generation options, rising concerns about climate change, interest in nuclear power, and expanding applications in the industrial sector.

The rise of new industry players and technological advances, digitization and automation integration, customization and modularization of reactor designs are some of the crucial emerging trends driving the forecast period. Moreover, the role in supporting renewable energy integration and the development of hybrid energy systems cannot be downplayed.

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What Are The Key Drivers Propelling The Growth Of The Small Modular Reactor Market?
Understanding the motivators of the small modular reactor market's growth involves casting light upon the global energy security crisis. This crisis is characteristic of a region or country grappling with significant issues in supplying reliable, affordable energy for its populace. Small Modular Reactors or SMRs bring forth a solution, with their capacity for flexible power output. These reactors come equipped to adjust electricity generation swiftly in response to changes in demand, catering to the specific needs of industries and remote communities.

What Key Player Strategies Are Driving The Small Modular Reactor Market?
Key small modular reactor market industry stakeholders playing instrumental roles in shaping the small modular reactor market include global powerhouses such as General Electric Company, Hitachi, Korea Electric Power Corporation KEPCO, State Power Investment Corporation SPIC, and Mitsubishi Heavy Industries Ltd, to name a few.

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What Are The Emerging Trends In The small modular reactor market?
With the spotlight on innovative solutions, these players have been progressively focusing on products such as single-loop pressurized water reactors PWR. The PWR is a compact and scalable nuclear reactor design, offering enhanced safety features and potential cost-effectiveness in comparison to traditional powerhouse nuclear plants.

How Is The Small Modular Reactor Market Segmented?
The small modular reactor market, analyzed in the report, has been segmented through multiple lenses. These include reactor type, power rating, deployment, and application. Further sub-categorizations within these aspects weave a detailed, intricate tapestry of the marketplace for a granular perspective.

What Are The Regional Insights In The Small Modular Reactor Market?
Asia-Pacific stands tall as the dominating region in the small modular reactor market as of 2024, also tipped to be the fastest-growing region on the block in the forecast period. The researched regions encompass the likes of Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.

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A Former Team USA National Athlete Launches Mission to Combat the Silent Epidemic of CTE in Olympic Winter Sports

William Person, 9-Year Team USA Bobsled, Launches GoFundMe to Provide HBOT to Athletes with brain damageWilliam Person CTE Recovery Center will treat athletes and military with CTE symptoms to give them hope for a higher quality lifeWilliam Person requires oxygen therapy near daily so he can think clearly and function throughout the day. Person suffers with CTE symptoms following years of repeated concussions from crashes, vibrations and g-force while bobsleddingView Out the Window of the Lake Front Property for William Person CTE Recovery CenterInside the Lake front property to become home of the William Person CTE Recovery CenterFormer Team USA Bobsled Member William Person launches GoFundMe to raise funds for a CTE Recovery Center after Industry Fails to Compensate for Brain Injuries.Hyperbaric Oxygen Therapy is a lifeline for people like us with CTE, and I’m determined to make it accessible to every athlete and military veteran who needs it.”— William Person, former athlete, CTE advocateWOODLAND HILLS,, CA, UNITED STATES, July 28, 2025 /EINPresswire.com/ -- Former 9-year Team USA bobsledder William Person, lead plaintiff in the high-profile class action lawsuit spotlighted by The New York Times, Sports Litigation Alert, and Courthouse News Service, is taking matters into his own hands after rejecting a proposed settlement that offered “evaluation, but no treatment or compensation” for Team USA Olympic Bobsled athletes suffering from Chronic Traumatic Encephalopathy (CTE). In addition, Person says the warning to new athletes about the dangers of repetitive concussions, which are a regular part of the sport, is not adequate in the proposed settlement for young athletes to truly understand the repercussions of the repeated concussions, including a constant state of brain fog, mass depression, and intense headaches for life, which are leading to suicide among athletes around the world. Person, whose story was first widely recognized in 2021 through media stories about “Sled Head”— the bobsled equivalent of football’s concussion crisis—has announced a GoFundMe campaign to raise $500,000 to establish a 501(c)(3) foundation that will provide free Hyperbaric Oxygen Therapy (HBOT) to athletes and veterans battling the devastating effects of repetitive brain trauma. Interested parties are invited to donate to the campaign at https://gofund.me/93ff9c6e. “I stood alone in court last month against all parties—including my own lawyers—because I refuse to sign off on an offer that does nothing to treat the brain injuries of the athletes—a condition we have solely based on the nature of our sport, and that doesn’t do enough to properly warn new athletes of the repercussions of the repeated concussions,” said Person. “Junior Seau changed the NFL forever when he took his life and preserved his brain for research. My teammates Pavle Jovanovic and Steve Holcomb also took their own lives because of the pain and misery of CTE, and many others around the world have joined them. This is a serious issue! It’s time we protect the brains of our winter athletes with the same urgency we do in football.” THE SILENT CRISIS: CTE BEYOND FOOTBALL Person’s mission underscores what appears as an overlooked epidemic in sports: while the NFL has taken major steps to address concussions and long-term cognitive decline, winter sports have largely escaped the same scrutiny—even though Olympic bobsledders endure G-forces 10 times greater than fighter pilots, combined with violent ice vibrations likened to “shaken baby syndrome.” • In 2020, Person’s close friend and teammate Pavle Jovanovic died by suicide and was diagnosed Stage 4 CTE. “I remember Pavle calling me speaking gibberish. He hung up, frustrated, because I couldn’t understand his words. Soon after, he hung himself. It haunts me to this day,” said Person. • Studies continue to reveal athletes in sports from hockey to soccer to Olympic bobsledding show markers of CTE, a neurodegenerative disease associated with aggression, depression, memory loss, and tragically, suicide. A PERSONAL PATH TO HEALING — AND GIVING BACK Inspired by Joe Namath’s public journey using HBOT to regain mental clarity, Person sought the same treatments. “Before Hyperbaric Oxygen Therapy, I was on my hands and knees crawling in my own house, convinced I was dying. Today, I still struggle, but my quality of life has dramatically improved,” Person said. “Some athletes have fully reversed their symptoms by using HBOT. This therapy is a lifeline for people like us with CTE, and I’m determined to make it accessible to every athlete and military veteran who needs it.” Through his new nonprofit—William Person CTE Recovery Center—Person plans to: • Provide free HBOT treatments at his Midwest lakeside property and future St. Louis facility. • Cover travel, lodging, food, and ongoing support for athletes too impaired to navigate care alone. • Fund CTE-neurology specialists and trained HBOT doctors who understand these complex cases and won’t dismiss them as “ordinary headaches” or “depression.” • Expand into additional cutting-edge modalities to combat cognitive decline. WHY NOW — AND WHY REPORTERS SHOULD CARE Person’s story is one of hard-earned hope and deep urgency. “The class action lawsuit was meant to protect and heal us. But they offered nothing—no compensation, no treatment. Just evaluations. That’s unacceptable. We’re not test subjects. We’re human beings suffering because of our sports,” he said. This mission is especially poignant following The New York Times’ and Courthouse News Service’s original reporting on Person’s lawsuit, and the tragic coverage of his teammates Jovanovic and Holcomb, along with the many others suffering with CTE and committing suicide because of it. HOW YOU CAN HELP • Donate or share Person’s fundraiser: https://gofund.me/93ff9c6e • Contact for interviews or to cover this story: Jennifer@engagementpr.com; 949-933-4300. Person is calling on sports leagues, medical researchers, fellow athletes, parents, and the public to rally behind this cause—because as he puts it: “We can’t wait for another funeral to decide brain injuries matter. Together, we can save lives.” Support in Court Person goes back to court Wednesday, July 30 at 10 am, United States Courthouse Central District of California, 312 N. Spring Street, Los Angeles, CA 90012, Department 6. Parties interested in supporting Person in court are welcome to sit in. Please wear blue, like a blue t shirt, and write in bold: “Bobsled = CTE” and/or “HBOT Saves Brains.”
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