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Global Small-Scale LNG Market, By Type (Liquefaction Terminal, Regasification Terminal) By Application (Heavy-Duty Vehicles, Marine Transport, Industrial & Power) – Industry Trends and Forecast to 2024
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Global Small-Scale LNG Market– Industry Trends and Forecast to 2024 The small scale LNG market is specially targeted in the places where there is less production of LNG and does not require large LNG liquefaction plants. Growing demand for small scale LNG in heavy-duty vehicles, marine transport and industrial & power activities is expected to be one of the major drivers of the market over the next seven years. The Market accounted for USD 265.25 million tons per annum in 2016 and is projected to grow at a CAGR of 3.0% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. 1 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com
Major Market Drivers and Restraint: • Energy cost advantage of LNG over alternate energy sources Environmental benefits Fiscal regime and subsidies by governments High initial cost for LNG terminals Lack of pipeline Infrastructure in Asia-Pacific • • • • 2 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com
Market Segmentation On the basis of type, the small-scale LNG market is segmented into liquefaction terminal and regasification terminal. On the basis of application, the market is segmented into heavy-duty vehicles, marine transport and industrial & power. • • 3 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com
Regional Analysis By geography the market is segmented into 5 geographical regions, North America Europe Asia-Pacific South America Middle East and Africa. The geographical regions are further segmented into major countries such as U.S. Canada, Mexico, Germany, France, U.K., Belgium, Switzerland, Belgium, Turkey, Japan, China, Singapore, Brazil, India, Russia, South Africa and many others. Browse Full Report and Details TOC : https://databridgemarketresearch.com/reports/global-small- scale-lng-market/ 4 databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com
Major Key Players Major players in the Global Small-Scale LNG Market are: BP P.L.C. Royal Dutch Shell plc Kunlun Energy Ltd Skangass, Total S.A. China National Offshore Oil Corporation Engie SA Gazprom Eni SpA, Pertamina Statoil ASA Request Sample Report : https://databridgemarketresearch.com/request-a-sample/?dbmr=global- small-scale-lng-market databridgemarketresearch.com US : +1-888-387-2818 UK : +44-161-394-0625 sales@databridgemarketresearch.com
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