Small-Scale LNG Market Highlights:
Prometheus Energy (U.S), The Linde Group (Germany), GE Oil & Gas (U.S.), Wärtsilä Corporation (Finland), Gazprom (Russia), Honeywell International Inc. (U.S.), Skangas AS (Norway), Engie SA (France), IHI Corporation (Japan), Novatek (Russia), Excelerate Energy L.P (U.S), and Cryostar (U.S.) are the remarkable players in the small-scale LNG market.
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Small-Scale LNG Market Drivers and Restraints:
Anticipating the mounting demand for liquified natural gas (LNG), Market Research Future (MRFR) has projected a CAGR of 2.5% in the global small-scale LNG market over the forecast period of 2018-2023, in its latest in-depth study. The small-scale LNG market is relatively in its nascent stage but stores significant growth potential.
Small-scale LNG uses LNG directly in its liquid form. They are extensively used as marine fuel (bunkering), power generation in off-grid locations, and as a fuel for road vehicles. The small-scale LNG market is well positioned to cater to the growing demand for cleaner fuel. The small-scale LNG market has picked up rapid pace on account of its environmental credentials. Growing stringency of regulations pertaining to the reduction of carbon footprint and increased environmental awareness has the potential to drive the small-scale LNG market.
Various factors are paving the way for the growth of the market. Small-scale LNG technology provides immediate and attractive returns at lesser investment and accelerated commissioning schedules in the medium term. Moreover, small-scale LNG is flexible and can cater to the demands of remote locations such as islands.
Development and maturation of small-scale LNG technology is one of the key growth enablers. Substantial progress has been made in all areas across the value chain of small-scale LNG. Development and optimization of processes and equipment such as modularization, containerization, replication, and standardization has further added to the growth of the market.
Global Small-Scale LNG Market Segments Analysis:
The small-scale LNG market has been segmented based on mode of supply, type, and application.
By type, the small-scale LNG market has been segmented into liquefaction and regasification terminals. The liquefaction terminal segment is dominating the market owing to the growing need for natural gas storage infrastructure.
By mode of supply, the small-scale LNG market has been segmented into trucks, trans-shipment, and bunkering, captive consumption through pipeline & rail. The trans-shipment and bunkering segment is exhibiting remarkable growth on account of continued demand from the shipping industry.
By application, the small-scale LNG market has been segmented into utilities, residential, industrial & commercial, marine, and transportation.
Global Small-Scale LNG Market Regional Analysis:
The small-scale LNG market has been segmented based on mode of supply, type, and application.
By type, the small-scale LNG market has been segmented into liquefaction and regasification terminals. The liquefaction terminal segment is dominating the market owing to the growing need for natural gas storage infrastructure.
By mode of supply, the small-scale LNG market has been segmented into trucks, trans-shipment, and bunkering, captive consumption through pipeline & rail. The trans-shipment and bunkering segment is exhibiting remarkable growth on account of continued demand from the shipping industry.
By application, the small-scale LNG market has been segmented into utilities, residential, industrial & commercial, marine, and transportation.
Report Overview:
The report for Global Small-Scale LNG Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.
Industry Updates
May 2019 – Shell, oil, and gas company, opened a new small-scale LNG regasification terminal in Gibraltar. The new 80-megawatt gas-fired power plant will provide cleaner energy to the territory and has been opened in collaboration with Gasnor, a producer and seller of liquefied natural gas (LNG) for industrial and housing markets.
TABLE OF CONTENTS:
1 EXECUTIVE SUMMARY
2 SCOPE OF THE REPORT
2.1 MARKET DEFINITION
2.2 SCOPE OF THE STUDY
2.2.1 DEFINITION
2.2.2 RESEARCH OBJECTIVE
2.2.3 ASSUMPTIONS
2.2.4 LIMITATIONS
2.3 RESEARCH PROCESS
2.3.1 PRIMARY RESEARCH
2.3.2 SECONDARY RESEARCH
2.4 MARKET SIZE ESTIMATION
2.5 FORECAST MODEL
3 MARKET LANDSCAPE
3.1 PORTER’S FIVE FORCES ANALYSIS
3.1.1 THREAT OF NEW ENTRANTS
3.1.2 BARGAINING POWER OF BUYERS
3.1.3 BARGAINING POWER OF SUPPLIERS
3.1.4 THREAT OF SUBSTITUTES
3.1.5 SEGMENT RIVALRY
3.2 VALUE CHAIN/SUPPLY CHAIN ANALYSIS
4 MARKET DYNAMICS
4.1 INTRODUCTION
4.2 MARKET DRIVERS
4.3 MARKET RESTRAINTS
4.4 MARKET OPPORTUNITIES
4.5 MARKET TRENDS
Continued…
List Of Tables:
Table 1 Small-Scale LNG Market: By Region, 2018-2023
Table 2 North America Small-Scale LNG Market: By Country, 2018-2023
Table 3 Europe Small-Scale LNG Market: By Country, 2018-2023
Table 4 Asia Pacific Small-Scale LNG Market: By Country, 2018-2023
Table 5 RoW Small-Scale LNG Market: By Country, 2018-2023
Table 6 Global Small-Scale LNG Market By Mode Of Supply Market: By Regions, 2018-2023
Continued…
LIST OF FIGURES:
FIGURE 1 RESEARCH PROCESS OF MRFR
FIGURE 2 TOP DOWN & BOTTOM UP APPROACH
FIGURE 3 MARKET DYNAMICS
FIGURE 4 IMPACT ANALYSIS: MARKET DRIVERS
FIGURE 5 IMPACT ANALYSIS: MARKET RESTRAINTS
FIGURE 6 PORTER’S FIVE FORCES ANALYSIS
FIGURE 7 VALUE CHAIN ANALYSIS
Continued…
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