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Small-Scale Liquefied Natural Gas (LNG) Market size, Drivers, Challenges, And Impact On Growth and Demand Forecast in 2029

Submitted by mihirka48 on Mon, 12/11/2023 - 03:30

Global small-scale liquefied natural gas (LNG) Market was valued at USD 7.68 billion in 2021 and is expected to reach USD 14.13 billion by 2029, registering a CAGR of 7.91% during the forecast period of 2022-2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and climate chain scenario.
Key Pointers Covered in Small-Scale Liquefied Natural Gas (LNG) Market Industry Trends and Forecast to 2029
• Market Size
• Market New Sales Volumes
• Market Replacement Sales Volumes
• Market Installed Base
• Market By Brands
• Market Procedure Volumes
• Market Product Price Analysis
• Market Regulatory Framework and Changes
• Market Shares in Different Regions
• Recent Developments for Market Competitors
• Market Upcoming Applications
• Market Innovators Study
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Benefits of Considering this Report:
• This report is compiled using a vigorous and thorough research methodology. Data Bridge Market Research is also known for its data accuracy and granular market reports.
• A complete picture of the competitive scenario of Small-Scale Liquefied Natural Gas (LNG) Market is depicted by this report.
• The report consists of a vast amount of data about the recent product and technological developments in the markets.
• The insights in the report are easy to understand and include a graphical representation of the numbers in the form of histograms, bar graphs, pie charts, etc.
Small-Scale Liquefied Natural Gas (LNG) Market Scope and Market Size
The small-scale liquefied natural gas (LNG) market is segmented on the basis of type, mode of supply, storage tank capacity and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
• Liquefaction Terminal
• Regasification Terminal
Mode of Supply
• Trucks
• Shipment and Bunkering
• Rail Tanks
• Pipeline
• Others
Storage Tank Capacity
• Atmospheric
• Pressurized and Floating Storage (FSU)
Application
• Transportation
• Heavy-Duty Vehicles
• Industrial and Power
• Others
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Some of the key questions answered in this report:
• How has the Small-Scale Liquefied Natural Gas (LNG) Market performed so far and how will it perform in the coming years?
• What are the key regional markets?
• What is the breakup of the market based on the procedure?
• What is the breakup of the market based on the injury location?
• What is the breakup of the market based on the end user?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the Small-Scale Liquefied Natural Gas (LNG) Market and who are the key players?
• What is the degree of competition in the industry?
Market Analysis and Insights: Small-Scale Liquefied Natural Gas (LNG) Market
• Over the recent years, there has been a massive shift toward liquefied natural gas (LNG) over the traditionally used fuel sources as it has complete combustion and fewer carbon emissions. Furthermore, the expanding consumer preference for greener and cleaner fuel sources and the increasing use of liquefied natural gas (LNG) as a ship fuel over heavy fuel oil, marine gas oil, and diesel oil are driving expansion. Consequently, the market is anticipated to flourish over forecast period.
• Small-scale liquefied natural gas (LNG) refers to liquefied natural gas that is processed in industrial units with limited capacity. The gas is transformed into an odorless and colorless liquid that can be re-gasified for numerous uses after being cooled to extremely low temperatures. Small-scale LNG is more environmentally benign than oil and diesel, and it is commonly used to meet off-grid power generation needs in isolated industrial and residential complexes. In addition, it is widely employed in the industrial, commercial, and residential sectors as a transportation fuel, an industrial feedstock, and for heating.
• One of the primary reasons driving the market's growth is the growing demand for energy-efficient and cost-effective energy sources. Furthermore, the transportation industry's broad acceptance of the product is boosting market growth. The rising demand for energy has increased the need for liquefied natural gas (LNG), resulting in increased LNG output (LNG). Furthermore, numerous remote areas are without electricity, and government measures to improve rural electrification have increased demand for liquefied natural gas (LNG).
Small-Scale Liquefied Natural Gas (LNG) Market Country Level Analysis
• U.S., Canada and Mexico in [North America]
• Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, [Rest of Europe]
• China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, [Rest of Asia-Pacific (APAC)]
• Saudi Arabia, U.A.E, South Africa, Egypt, Israel, [Rest of Middle East and Africa (MEA)]
• Brazil, Argentina and [Rest of South America]
Small-Scale Liquefied Natural Gas (LNG) Market Share Analysis
The small-scale liquefied natural gas (LNG) market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to small-scale liquefied natural gas (LNG) market.
Key player Small-Scale Liquefied Natural Gas (LNG) Market
• Gazprom (Russia)
• Engie (France)
• Honeywell International Inc. (U.S.)
• Wärtsilä (Finland)
• Linde plc (Germany)
• Gasum Ltd., (Norway)
• IHI Corporation (Japan)
• Excelerate Energy L.P (U.S)
• Prometheus Fuels (U.S)
• Cryostar (U.S.)
• General Electric (U.S.)
• Novatek (Russia)
• Engie (France)
• NYK Line (Japan)
• Mitsui O.S.K.Lines (Japan)
• Teekay Corporation (Bermuda)
• Hyundai Heavy Industries Co., Ltd., (South Korea)
• HANJIN HEAVY INDUSTRIES & CONSTRUCTION HOLDINGS CO., LTD. (South Korea)
• Kawasaki Heavy Industries, Ltd., (Japan)
MAJOR TOC OF THE REPORT
• Chapter One: Introduction
• Chapter Two: Market Segmentation
• Chapter Three: Market Overview
• Chapter Four: Executive Summary
• Chapter Five: Premium Insights
• Chapter Six: Small-Scale Liquefied Natural Gas (LNG) Market Share by Product & Procedure type
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