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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>https://www.marketsandmarkets.com/PressReleases/small-scale-lng.asp<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 worth 48.3 Million Tons per Annum by 2022 Browse 47 market data Tables 38 Figures 115 Pages and in-depth TOC on " Graphite Market "

  2. The Small-Scale LNG Marketacross 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. Get PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=226707057 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. 

  3. Market Dynamics • 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 • Opportunities • LNG as fuel in transport and power generation applications • Integration of new technologies • Challenges • Expensive supply chain Request Sample @ https://www.marketsandmarkets.com/requestsampleNew.asp?id=226707057

  4. Heavy duty transport companies save approximately 30% on fuel costs on LNG-fueled trucks, compared to diesel fueled trucks, and produce 30% lower emissions. Air pollution from diesel engines is one of the biggest concerns, especially in areas that struggle to meet air-quality standards. On the other hand, natural gas causes complete combustion and fewer emissions than diesel. It is estimated that increasing environmental concerns from the utilization of diesel vehicles is likely to increase the adoption of green fuel technologies such as natural gas. In the case of electric power generation, natural gas engines below 150 KW are more cost effective than oil fueled engines. Speak To Our Experts

  5. The major players in the Small-Scale LNG Market are, • Linde AG (Germany) • Wärtsilä (Finland) • Honeywell International Inc(US) • General Electric (US) • ENGIE (France) • IHI Corporation (Japan) • Gazprom (Russia) • Skangass AS (Norway) • Sofregaz (France) • Dresser-Rand (US) • Prometheus Energy Company (US) • PLUM ENERGY (US) • Excelerate Energy. L. P. (US) • Cryostar SAS (France) Enquiry Before Buying @ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=226707057

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

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