Global Small Modular Reactor Market to Reach US$7.2 Billion by 2032 as Low-Carbon Energy Investment Accelerates | NuScale Power, Rolls-Royce SMR, TerraPower and X-energy Dominate

Company Logo Dublin, Nov. 02, 2026 (GLOBE NEWSWIRE) -- "Small Modular Reactors - Global Strategic Business Report 2026" has been added to ResearchAndMarkets.com's offering. The global small modular reactor market was valued at US$5.8 billion in 2025 and is projected to reach US$7.2 billion by 2032, expanding at a compound annual growth rate (CAGR) of 3% during the forecast period. Market growth is supported by rising demand for reliable low-carbon power, energy security initiatives, nuclear technology advancements, and government programs designed to accelerate the commercialization of advanced reactors.