Global Nuclear Power Industry Outlook to 2010: Buyer Spend and Procurement Strategies and the Impact of Recession and Recovery

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Market	Energy and Utilities
Report Type	Market Research
Country	Global
Published	17 August 2009
Number of Pages	115
Report Delivery	Email
Delivery Lead Time	-
Publisher	ICD Research

44% of nuclear power generators and power distribution companies expect to increase their procurement spend over the next 12 months

"Global Nuclear Power Industry Outlook to 2010" is a new report published in association with ICD Research that analyzes how nuclear power generation companies spend, procurement strategies & practices and business are being affected by the recession. In an uncertain economic climate this report gives you access to the category-level spending outlooks, buyer budgets, supplier selection criteria, business challenges and investment opportunities of leading purchase decision makers. The report also identifies buyers and suppliers future growth, M&A and investment expectations. The research is based on an extensive survey of senior and C-level industry executives from our market leading panels.

Scope

- The opinions and forward looking statements of over 800 industry executives have been captured in our in-depth survey, of which over 50% represent Directors, C-levels & Departmental Heads
- This report covers data and analysis on buyer spend, procurement and industry developments by nuclear power generation, power distribution and contractor companies and industry suppliers worldwide
- The report examines current practices and provides future expectations over the next 12-24 months
- The research is based on primary survey research conducted by Global Markets Direct in association with ICD Research accessing its B2B panels comprised of senior purchase decision makers and leading supplier organizations
- Key topics covered include buyer spend activity, procurement behaviors & strategies and how these have been affected by the recession, threats & opportunities for the power generation industry, economic outlook and business confidence.
- In the report buyers identify what suppliers need to do to maintain their business and the key actions being taken by industry players to overcome the leading business threats
- The report provides qualitative analysis of the key industry threats and opportunities and contains full survey results
- The geographical scope of the research is global – drawing on the activity and expectations of leading industry players across the Americas, Europe, Asia-Pacific and Africa & Middle East

Highlights

- 44% of nuclear power generators and power distribution companies expect to increase their procurement spend over the next 12 months, a further 20% expect to maintain existing spend levels, and with many buyers re-evaluating existing supplier contracts the market open to competition is expected to increase
- 39% of industry buyers are seeking to engage in partnerships to optimize working capital and reduce costs - closer cooperation between suppliers and buyers is being sought during this time of market uncertainty
- Only 15% of industry buyers do not regularly evaluate suppliers to ensure they meet high ethical and environmental standards

Reasons to buy

- Drive revenues by understanding future product investment areas and growth regions by leading industry players
- Formulate effective sales & marketing strategies by identifying how buyer budgets are changing and where spend will be directed to in the future
- Better promote your business by aligning your capabilities and business practices with your customer’s changing needs during these times of market uncertainty
- Secure stronger customer relationships by understanding the leading business concerns and changing strategies of buyers in the nuclear power industry
- Effectively plan your business strategies
- Predict how the industry will grow, consolidate and where it will stagnate
- Uncover the business outlook, key challenges and opportunities identified by suppliers and buyers in the industry

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£1,265.58	Electronic License Electronic License An electronic version (mostly PDF, but can be Excel or PPT), which is either available for immediate download or will be sent via email by the Publisher of the report. The licencing for an electronic version is for use by the purchaser ONLY.
£2,531.16	Site License Site License An electronic version (mostly PDF, but can be Excel or PPT). Where the report(s) is intended for use by more than one individual, across for example, a site, an office, or a division or country.
£3,796.74	Corporate License Corporate License An electronic version (mostly PDF, but can be Excel or PPT). Where the report(s) is/are intended for use by an organisation in its entirety. For example, if reports are put on an Intranet or if they are distributed or used by more than one office, division, or country operation, then a Corporate Licence is required.

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1 Table of Contents 2
1.1 List of Tables 4
1.2 List of Figures 7
2 Introduction 9
2.1 What is This Report About? 9
2.2 Methodology 9
2.3 Profile of Survey Respondents 10
3 Executive Summary 14
4 Economic Outlook and Confidence 17
4.1 Global Economy Recovery Expectations 17
4.2 Revenue Growth Expectations 21
5 Nuclear Power Industry Investment Outlook 26
5.1 Fastest and Slowest Growing Markets 26
5.2 M&A Activity Predictions 35
5.3 Suppliers’ Industry Outlook 38
6 Recession: Threats and Opportunities for the Nuclear Power Industry 43
6.1 Leading Business Concerns Due to Recession 43
6.2 Key Actions to Overcome Business Threats 47
6.3 Key Actions to Maintain and Win Buyer Business 51
6.4 Leading Recession-Related Business Opportunities 60
7 Nuclear Power Industry Buyer Spend Activity 65
7.1 Annual Procurement Budgets 65
7.2 Expected Change in Procurement Spend 70
7.3 Expected Change in Spend By Product and Service Category 74
8 Procurement Behaviors and Strategies and the Impact of Recession 83
8.1 Critical Success Factors for Supplier Selection 83
8.2 Current Effects of Recession On Procurement Objectives 89
8.3 Expected Future Effects of Recession On Procurement Objectives 94
8.4 The Effects of Recession On Procurement Strategy 99
9 Appendix 108
9.1 Full Survey Results-Closed Questions 108
9.2 Methodology 114
9.3 Contact Us 115
9.4 About ICD Research 115
9.5 Disclaimer 115

1.1 List of Tables
Table 1: Count of Global Nuclear Power Industry Survey Respondents By Company Type (Number of Respondents), 2009 Industry Survey 10
Table 2: Buyer Respondents By Job Role (% Buyer Respondents), Global Nuclear Power Industry, 2009 11
Table 3: Buyer Respondents By Organizations’ Global Turnover (% Buyer Respondents), Global Nuclear Power Industry, 2009 11
Table 4: Buyer Respondents By Organizations’ Total Number of Employees (% Buyer Respondents), Global Nuclear Power Industry, 2009 12
Table 5: Supplier Respondents By Organizations’ Global Turnover (% Supplier Respondents), Global Nuclear Power Industry, 2009 12
Table 6: Supplier Respondents By Job Role (% Supplier Respondents), Global Nuclear Power Industry, 2009 13
Table 7: Supplier Respondents By Organizations’ Total Number of Employees (% Supplier Respondents), Global Nuclear Power Industry, 2009 13
Table 8: Global Nuclear Power Industry Expectations of Global Economy Recovery Timings By Region: North America, Europe, Asia-Pacific, Rest of World (% All Respondents), 2009 19
Table 9: Global Nuclear Power Industry Expectations of Global Economy Recovery Timings By Company Type: Nuclear Power Generators, Power Distributors, Power Industry Suppliers (% All Respondents), 2009 20
Table 10: Company Revenue Growth Optimism By Global Nuclear Power Industry Company Type: Nuclear Power Generators, Power Distributors, Power Industry Suppliers (% All Respondents), 2009 23
Table 11: Company Revenue Growth Optimism In the Global Nuclear Power Industry By Region: North America, Europe, Asia-Pacific, Rest of World (% All Respondents), 2009 25
Table 12: Nuclear Power Generator Industry: Market Predictions of the Fastest and Slowest Growing Regions (% Nuclear Power Generator Respondents), 2009 28
Table 13: Power Distributor Industry: Market Predictions of the Fastest and Slowest Growing Regions (% Power Distributor Respondents), 2009 31
Table 14: Power Industry Supplier Industry: Market Predictions of the Fastest and Slowest Growing Regions (% Power Industry Supplier Respondents), 2009 34
Table 15: Ranking of Key Growth Areas for Nuclear Power Industry (Analysis of Supplier Respondents), 2009 39
Table 16: Ranking of Key Growth Areas for Nuclear Power Industry (Analysis of Senior-Level Executive Respondents), 2009 40
Table 17: Ranking of Key Declining Areas for Nuclear Power Industry (Analysis of Supplier Respondents), 2009 41
Table 18: Ranking of Key Declining Areas for Nuclear Power Industry (Analysis of Senior-Level Executive Respondents), 2009 42
Table 19: Nuclear Power Generator Vs. Power Distributor Vs. Power Industry Supplier: Leading Business Concerns for the Period 2009-2010 Among Global Nuclear Power Industry Buyers And Suppliers (% All Respondents), 2009 46
Table 20: Leading Business Concerns for the Period 2009-2010 Among Global Nuclear Power Industry Buyers and Suppliers By Region: North America, Europe, Asia-Pacific, Rest of World (% All Respondents), 2009 47
Table 21: Most Important Actions Being Implemented to Overcome Leading Business Concerns in 2009-2010 in the Global Nuclear Power Industry (Analysis of All Respondents), 2009 48
Table 22: Most Important Actions Being Implemented to Overcome Leading Business Concerns in 2009-2010 In the Global Nuclear Power Industry – Senior-Level Responses Only (Analysis of CEO / MD / Board-Level Respondents), 2009 49
Table 23: Most Important Actions Being Implemented By Power Industry Suppliers to Overcome Leading Business Concerns in 2009-2010 in the Global Nuclear Power Industry (Analysis of Power Industry Suppliers Respondents), 2009 50
Table 24: Most Important Actions Being Implemented By Nuclear Power Generators, Power Distributors to Overcome Leading Business Concerns in 2009-2010 in the Global Nuclear Power Industry (Analysis of Nuclear Power Generators, Power Distributors Respondents), 2009 50
Table 25: The Most Important Actions for Suppliers to Take to Maintain and Secure Buyer Business During the Recession in the Global Nuclear Power Industry: Supplier Responses Vs. All Buyer Responses (% All Respondents), 2009 53
Table 26: The Most Important Actions For Suppliers to Take to Maintain and Secure Buyer Business During the Recession In the Global Nuclear Power Industry: Nuclear Power Generator Vs. Power Distributor (% Buyer Respondents), 2009 54
Table 27: The Most Important Actions for Suppliers to Take to Maintain and Secure Buyer Business During the Recession in the Global Nuclear Power Industry: Analysis of Buyer Respondents By Company Turnover (% Buyer Respondents), 2009 56
Table 28: The Most Important Actions for Suppliers to Take to Maintain and Secure Buyer Business During the Recession in the Global Nuclear Power Industry: Analysis of All Buyer Respondents By Procurement Budget (% Buyer Respondents), 2009 57
Table 29: The Most Important Actions for Suppliers to Take to Maintain and Secure Buyer Business During the Recession in the Global Nuclear Power Industry: Analysis of All Buyer Respondents By Region (% Buyer Respondents), 2009 59
Table 30: The Most Important Actions for Suppliers to Take to Maintain and Secure Buyer Business During the Recession in the Global Nuclear Power Industry: Analysis of All Buyer Respondents By Purchasing Decision Seniority (% Buyer Respondents with Purchasing Decision Influence), 2009 60
Table 31: Leading Business Opportunities During the Recession in the Global Nuclear Power Industry (Analysis of All Respondents), 2009 61
Table 32: Leading Business Opportunities During the Recession In the Global Nuclear Power Industry – Senior-Level Responses Only (Analysis of CEO / MD / Board-Level Respondents), 2009 62
Table 33: Leading Business Opportunities for Nuclear Power Generators, Power Distributors During the Recession in the Global Nuclear Power Industry (Analysis of Buyer Respondents), 2009 63
Table 34: Global Nuclear Power Industry, Leading Business Opportunities During Recession (Analysis of Supplier Respondents), 2009 64
Table 35: Annual Procurement Budgets in US$ in the Global Nuclear Power Industry: Nuclear Power Generator Vs. Power Distributor (% All Buyer Respondents), 2009 67
Table 36: Annual Procurement Budgets In US$ In the Global Nuclear Power Industry By Region (% All Buyer Respondents), 2009 70
Table 37: Expected Change in Spend On Products and Services in the Global Nuclear Power Industry Over the Next 12 Months: Nuclear Power Generator Vs. Power Distributor (% All Buyer Respondents), 2009 71
Table 38: Expected Change in Spend On Products and Services in the Global Nuclear Power Industry Over the Next 12 Months By Region (% All Buyer Respondents), 2009 74
Table 39: Future Change in Spend in the Global Nuclear Power Industry By Product and Service Category: Power Distributor - Expected Increase or Decrease Over the Next 12 Months (% Power Distributor Respondents), 2009 76
Table 40: Future Change in Spend in the Global Nuclear Power Industry By Product and Service Category: Power Distributor - Expected Increase or Decrease Over the Next 12 Months (% Power Distributor Respondents), 2009 79
Table 41: Critical Success Factors for Selecting a Nuclear Power Industry Supplier: Buyer Vs. Supplier Comparison (% All Respondents), Global, 2009 87
Table 42: Critical Success Factors for Selecting a Nuclear Power Industry Supplier: Nuclear Power Generator Vs. Power Distributor Comparison (% All Buyer Respondents), Global, 2009 89
Table 43: Current Effects of Recession On Procurement Objectives and Priorities in the Global Nuclear Power Industry: Nuclear Power Generator Vs. Power Distributor (% All Buyer Respondents), 2009 92
Table 44: Current Effects of Recession On Procurement Objectives and Priorities in the Global Nuclear Power Industry By Company Turnover (% All Buyer Respondents), 2009 93
Table 45: Expected Changes in Procurement Strategy in the Global Nuclear Power Industry to Drive Value Across the Business Due to Recession: Nuclear Power Generator Vs. Power Distributor (% All Buyer Respondents), 2009 101
Table 46: Expected Changes In Procurement Strategy in the Global Nuclear Power Industry to Drive Value Across the Business Due to Recession: All Buyers By Company Turnover (% All Buyer Respondents), 2009 102
Table 47: Expected Changes in Procurement Strategy in the Global Nuclear Power Industry to Drive Value Across the Business Due to Recession: All Buyers By Purchasing Decision Seniority (% All Buyer Respondents Purchasing Decision Influence), 2009 103
Table 48: Expected Changes in Procurement Strategy in the Global Nuclear Power Industry to Drive Value Across the Business Due to Recession: All Buyers By Region (% All Buyer Respondents), 2009 105
Table 49: Nuclear Power Generator Attitudes and Approaches to Existing Procurement Practices : Level of Agreement to the Following Five Statements (% Nuclear Power Generator Respondents), 2009 106
Table 50: Power Distributor Attitudes and Approaches to Existing Procurement Practices: Level of Agreement with the Following Five Statements (% Power Distributor Respondents), 2009 107
Table 51: Full Survey Results-Closed Questions 108

1.2 List of Figures
Figure 1: Leading Business Concerns for the Period 2009-2010 Among Global Nuclear Power Industry Buyers and Suppliers (% All Respondents), 2009 15
Figure 2: Global Nuclear Power Industry Expectations of Global Economy Recovery Timings (% All Respondents), 2009 18
Figure 3: Global Nuclear Power Industry Expectations of Global Economy Recovery Timings By Region: North America, Europe, Asia-Pacific, Rest of World (% All Respondents), 2009 19
Figure 4: Global Nuclear Power Industry Expectations of Global Economy Recovery Timings By Company Type: Nuclear Power Generators, Power Distributors, Power Industry Suppliers (% All Respondents), 2009 21
Figure 5: Company Revenue Growth Optimism in the Global Nuclear Power Industry (% All Respondents), 2009 22
Figure 6: Company Revenue Growth Optimism By Global Nuclear Power Industry Company Type: Nuclear Power Generators, Power Distributors, Power Industry Suppliers (% All Respondents), 2009 23
Figure 7: Company Revenue Growth Optimism In the Global Nuclear Power Industry By Region: North America, Europe, Asia-Pacific, Rest of World (% All Respondents), 2009 24
Figure 8: Nuclear Power Generator Industry: Market Predictions of the Fastest and Slowest Growing Regions (% Nuclear Power Generator Respondents), 2009 27
Figure 9: Power Distributor Industry: Market Predictions of the Fastest and Slowest Growing Regions (% Power Distributor Respondents), 2009 30
Figure 10: Power Industry Supplier Industry: Market Predictions of the Fastest and Slowest Growing Regions (% Power Industry Supplier Respondents), 2009 33
Figure 11: Merger and Acquisition Activity Expectations Over the Next 12 Months in the Global Nuclear Power Generator Industry (% Nuclear Power Generator Industry Respondents), 2009 36
Figure 12: Merger and Acquisition Activity Expectations Over the Next 12 Months in the Global Power Distributor Industry (% Power Distributor Industry Respondents), 2009 37
Figure 13: Merger and Acquisition Activity Expectations Over the Next 12 Months in the Global Power Industry Supplier Industry (% Power Industry Supplier Industry Respondents), 2009 38
Figure 14: Leading Business Concerns for the Period 2009-2010 Among Global Nuclear Power Industry Buyers and Suppliers (% All Respondents), 2009 44
Figure 15: Nuclear Power Generator Vs. Power Distributor Vs. Power Industry Supplier: Leading Business Concerns for the Period 2009-2010 Among Global Nuclear Power Industry Buyers and Suppliers (% All Respondents), 2009 45
Figure 16: The Most Important Actions for Suppliers to Take to Maintain and Secure Buyer Business During the Recession in the Global Nuclear Power Industry: Supplier Responses Vs. All Buyer Responses (% All Respondents), 2009 52
Figure 17: The Most Important Actions for Suppliers to Take to Maintain and Secure Buyer Business During the Recession In the Global Nuclear Power Industry: Nuclear Power Generator Vs. Power Distributor (% Buyer Respondents), 2009 54
figure 18: The Most Important Actions For Suppliers to Take to Maintain and Secure Buyer Business During the Recession in the Global Nuclear Power Industry: Analysis of All Buyer Respondents by Region (% Buyer Respondents), 2009 58
Figure 19: Annual Procurement Budgets in US$ in the Global Nuclear Power Industry: Nuclear Power Generator Vs. Power Distributor (% All Buyer Respondents), 2009 66
Figure 20: Annual Procurement Budgets in US$ in the Global Nuclear Power Industry By Company Turnover (% All Buyer Respondents), 2009 68
Figure 21: Annual Procurement Budgets In US$ In the Global Nuclear Power Industry By Region (% All Buyer Respondents), 2009 69
Figure 22: Expected Change in Spend On Products and Services in the Global Nuclear Power Industry Over the Next 12 Months: Nuclear Power Generator Vs. Power Distributor (% All Buyer Respondents), 2009 71
Figure 23: Expected Change in Spend On Products and Services in the Global Nuclear Power Industry Over the Next 12 Months By Company Turnover (% All Buyer Respondents), 2009 72
Figure 24: Expected Change in Spend On Products and Services in the Global Nuclear Power Industry Over the Next 12 Months By Region (% All Buyer Respondents), 2009 73
Figure 25: Future Change in Spend in the Global Nuclear Power Industry By Product and Service Category: Nuclear Power Generator - Expected Increase or Decrease Over the Next 12 Months (% Nuclear Power Generator Respondents), 2009 75
Figure 26: Future Change in Spend in the Global Nuclear Power Industry By Product and Service Category: Expected Increase Over the Next 12 Months for Nuclear Power Generators (% All Buyer Respondents), 2009 77
Figure 27: Future Change in Spend in the Global Nuclear Power Industry By Product and Service Category: Power Distributor - Expected Increase or Decrease Over the Next 12 Months (% Power Distributor Respondents), 2009 78
Figure 28: Future Change in Spend in the Global Nuclear Power Industry By Product and Service Category: Expected Increase Over the Next 12 Months for Power Distributors (% All Buyer Respondents), 2009 80
Figure 29: Future Change in Spend in the Global Nuclear Power Industry By Product and Service Category: Expected Increase Over the Next 12 Months for Nuclear Power Generators By Company Turnover (% All Buyer Respondents), 2009 81
Figure 30: Future Change in Spend in the Global Nuclear Power Industry By Product and Service Category: Expected Increase Over the Next 12 Months Nuclear Power Generator By Region (% All Buyer Respondents), 2009 82
Figure 31: Critical Success Factors for Selecting a Nuclear Power Industry Supplier: Difference in Views, Buyers Vs. Suppliers (Net Difference in Ranking), Global, 2009 85
Figure 32: Critical Success Factors for Selecting a Nuclear Power Industry Supplier: Buyer Vs. Supplier Comparison (% All Respondents), Global, 2009 86
Figure 33: Critical Success Factors for Selecting a Nuclear Power Industry Supplier: Nuclear Power Generator Vs. Power Distributor Comparison (% All Buyer Respondents), Global, 2009 88
Figure 34: Current Effects of Recession On Procurement Objectives and Priorities in the Global Nuclear Power Industry (% All Buyer Respondents), 2009 90
Figure 35: Current Effects of Recession On Procurement Objectives and Priorities in the Global Nuclear Power Industry: Nuclear Power Generator Vs. Power Distributor (% All Buyer Respondents), 2009 91
Figure 36: Likelihood of Future Change In Procurement Objectives in the Global Nuclear Power Industry (% All Buyer Respondents), 2009 94
Figure 37: Likelihood of Future Change On Procurement Objectives in the Global Nuclear Power Industry: Nuclear Power Generator Vs. Power Distributor (% All Buyer Respondents), 2009 95
Figure 38: Likelihood of Future Change On Procurement Objectives in the Global Nuclear Power Industry By Company Turnover (% All Buyer Respondents), 2009 96
Figure 39: Expected Future Effects of Recession On Procurement Objectives and Priorities in the Global Nuclear Power Industry (% All Buyer Respondents), 2009 97
Figure 40: Expected Future Effects of Recession On Procurement Objectives and Priorities in the Global Nuclear Power Industry: Nuclear Power Generator Vs. Power Distributor (% All Buyer Respondents), 2009 98
Figure 41: Expected Future Effects of Recession On Procurement Objectives and Priorities in the Global Nuclear Power Industry By Company Turnover (% All Buyer Respondents), 2009 99
Figure 42: Expected Changes in Procurement Strategy in the Global Nuclear Power Industry to Drive Value Across the Business Due to Recession (% All Buyer Respondents), 2009 100
Figure 43: Expected Changes in Procurement Strategy in the Global Nuclear Power Industry to Drive Value Across the Business Due to Recession: Nuclear Power Generator Vs. Power Distributor (% All Buyer Respondents), 2009 101
Figure 44: Expected Changes in Procurement Strategy in the Global Nuclear Power Industry to Drive Value Across the Business Due to Recession: All Buyers By Region (% All Buyer Respondents), 2009 104

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Global Nuclear Power Industry Outlook to 2010: Buyer Spend and Procurement Strategies and the Impact of Recession and Recovery

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