1 / 2

Small Scale LNG Market: 2021 Trends, Global Analysis with Focus on Opportunities, Growth Potential & Forecast 2027

Impact of COVID-19 on the Global Small Scale LNG Market

komal18
Télécharger la présentation

Small Scale LNG Market: 2021 Trends, Global Analysis with Focus on Opportunities, Growth Potential & Forecast 2027

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript


  1. Market Synopsis As per the analysis by Market Research Future Reports (MRFR), the global small scale lng business is estimated to expand at a CAGR of 2.5 during the forecast period. The small-scale LNG market is estimated to have several developments during the forecast period. Lately, the small scale LNG projects have increased the demand for LNG and emerging markets as net exporters and importers. The market is expected to expand due to liquefaction providers providing plug-and-play concepts with a lessened operating cost, price tag, and deployment time. Besides, expansion initiatives taken by well-established and multinationals are also likely to boom the market. The increasing global demand for sustainable fuel sources is propelling market growth. The energy industry is facing restrictions due to the implementation of stringent rules against climate change, growing concern to avail cleaner and sustainable sources of energy, which restricts the market. The source faces storage issues since the volume of natural gas is high. For solution, natural gas is converted to liquid form at liquefaction terminals for ease of transportation. In the last stage, the liquefied gas is again converted to gas at regasification terminals. The number of liquefaction & regasification terminals is growing due to the surging demand for fuel energy. However, the outbreak of COVID-19 is anticipated to hinder the sales and bring a downfall to the market. Market Segmentation The global small scale LNG market can be classified into type, supply, application, and region. On the basis of type, the global small scale LNG market can be divided into regasification and liquefaction terminals. Among these two segments, the liquefaction terminal is estimated to hold a larger market share. On the basis of supply, the global small scale LNG market can be divided into Trans-shipment and Bunkering, Trucks, Captive Consumption through Pipeline & Rail. The transshipment and bunkering market is leading owing to the expanding booming shipping industry. On the basis of application, the global small scale LNG market can be divided into marine, residential, utilities, industrial & commercial, and transportation. On the basis of region, the global small scale LNG market can be divided into Europe, North America, Middle East & Africa, and Asia-Pacific. Key Players The major players of global small-scale LNG business market are Engie SA (France), Gazprom (Russia), Honeywell International Inc. (U.S.), The Linde Group (Germany), Wärtsilä Corporation (Finland), Skangas AS (Norway), Excelerate Energy L.P (U.S), IHI Corporation (Japan), Prometheus Energy (U.S), G.E. Oil & Gas (U.S.), Cryostar (U.S.), Novatek (Russia) and a few others. Regional Analysis A geographical analysis of Europe, North America, Middle East & Africa, and Asia-Pacific has been performed. As per the analysis, the APAC and African regions are anticipated to expand owing to the increasing demand for natural gas as fuel for power and automobile industry. South Korea and Japan are enhancing their liquefaction capacity, which surges the market. Both regions are taking initiatives to expand the market. Several projects of liquefaction and regasification terminal have been commenced with an objective of augmentation. Mozambique has located a new gas field, which will make the country a globally recognized gas exporter. Europe is estimated to take the next position after APAC and Africa. As per the European Union Policies, the countries are giving up on coal-based power plants, which increases the demand for LNG. Industry News Virginia-based utility company Dominion Energy has enhanced its LNG holdings as the company’s home state pushes for 100% electricity to be produced from renewable sources by 2045. Dominion Energy acquired a small-scale Atlanta-based utility company, Pivotal LNG, for USD 175 million. Browse Full Report @

  2. https://www.marketresearchfuture.com/reports/small-scale-lng-market-2705 About Market Research Future: Market Research Future (MRFR) has created a niche in the world of market research. It is counted among the top market research companies that offer well-researched and updated market research reports and insights to businesses of all sizes. What sets us apart is our super-responsive team that offers quality work keeping clients abridged of the prospective challenges and opportunities in various markets. Our team is adept in their space as well as patiently listens to every client. The best part is they know their work inside out and possess the expertise to guide the client in the right direction and achieve results on a tight deadline. We are a one-stop solution for all your data research needs. Our team does not believe in the “one size fits all” approach to creating a report that is detailed and concise. We handle 13 industry verticals including Healthcare, Chemicals and Materials, Information and Communications Technology, Semiconductor and Electronics, Energy and Power, Food, Beverages & Nutrition, Automobile, Consumer and Retail, Aerospace and Defense, Industrial Automation and Equipment, Packaging & Transport, Construction, and Agriculture. With our unique approach for every market report, we aim to reach the zenith in qualitative business intelligence and syndicated market research. Contact Us: Market Research Future Office No. 524/528, Amanora Chambers Magarpatta Road, Hadapsar Pune - 411028 Maharashtra, India +1 646 845 9312 Email: sales@marketresearchfuture.com

More Related