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Small-Scale LNG Market worth 48.3 Million Tons per Annum by 2022

Small-Scale LNG Market by Type (Liquefaction Terminal and Regasification Terminal), Application (Heavy-Duty Vehicles, Marine Transport, and Industrial and Power), and Region (North America, Europe, Asia-Pacific, South America) - Global Forecast to 2022<br>

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Small-Scale LNG Market worth 48.3 Million Tons per Annum by 2022

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  1. Small-Scale LNG Market by Type (Liquefaction Terminal and Regasification Terminal), Application (Heavy-Duty Vehicles, Marine Transport, and Industrial and Power), and Region (North America, Europe, Asia-Pacific, South America) - Global Forecast to 2022 Speak To Analyst

  2. The Global Small-Scale LNG Market is projected to grow from 30.8 MTPA in 2016 to 48.3 MTPA by 2022, at a CAGR of 6.7% between 2017 and 2022. The small-scale LNG market across the globe is driven by their increasing LNG demand from remote locations by applications, such as industrial & power, and the ability to transport LNG over long distances without the need for heavy investment such as pipelines. By terminal type, regasification terminal is expected to grow at a highest CAGR between 2017 and 2022. The increasing demand for LNG from the remote locations and global commoditization of LNG are some of the major factors that are driving the demand for small-scale LNG in this segment.

  3. The figure below shows the breakdown of the primaries on the basis of the company type, designation, and region considered during the research study.

  4. Drivers • Energy cost advantage of LNG over alternate energy sources for end users • Environmental benefits • Fiscal regime and subsidies Restraints • Limited receiving terminal infrastructure in Asia-Pacific REQUEST BUNDLE REPORTS

  5. Opportunities • LNG as fuel in transport and power generation applications • Integration of new technologies Challenges • Expensive supply chain

  6. On the basis of Region: • APAC • Europe • North America • South America Download PDF Brochure

  7. LNG ISO containers or trucks can take LNG to end user’s site and discharge LNG. Some LNG receivers have inadequate space at their site for receiving LNG through truck as they are located in congested area where road network does not permit turnaround of trucks. Truck loading facility at the receiving terminal is a crucial part of small-scale LNG infrastructure as it plays a major role in delivering LNG to remote communities. Therefore, lack of truck loading facility at the receiving terminal can be one of the major restraints in the Small-Scale LNG Market. GET 10% FREE CUSTOMIZATION ON THIS REPORT !!!

  8. Mr. Shelly Singh MarketsandMarkets™ INC. 630 Dundee Road Suite 430 Northbrook, IL 60062 USA : 1-888-600-6441 sales@marketsandmarkets.com

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