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the Small Modular Reactor Market is projected to reach USD 11.3 billion by 2026. The Small Modular Reactor Market size will grow to USD 11.3 billion by 2026 (forecasted year) from USD 9.7 billion in 2021 (estimated year), at a CAGR of 3.2% during the forecast period. The Small Modular Reactor Market has promising growth potential due to the low cost of SMRs due to modularization and factory construction. The global Small Modular Reactor Market is driven by the growing need for clean, reliable and flexible power generation and helps in integration with variable renewable energy.

The global fuel cells market with focus on advcens in fuel cell technology market size is expected to grow from estimated revenue of USD 263 million in 2020 to USD 848 million by 2025, at a CAGR of 26.4% during the forecast period. The market has been analysed with key focus on advancements in fuel cell technologies such as PEMFC, PAFC, AFC, and MFC. The growing demand for clean power generation in developed regions and the increased use of fuel cell-powered vehicles are some of the factors driving the growth of the in fuel cell technology industry.