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Small-Scale LNG Market Is Expected to Reach 60 Million US$ by 2025 – QY Research

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Posted: Wednesday, August 08, 2018 at 10:53 PM CDT

City of Industry, CA -- (SBWire) -- 08/08/2018 --This report presents the worldwide Small-Scale LNG market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.

This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

LNG is a sustainable alternative fuel for ships and long-haulage trucks. It is also an attractive energy source for industries in areas that are not connected to the natural gas grid. Such applications of LNG are known as small-scale LNG in order to distinguish them from the more conventional use where LNG is delivered on a large scale and regasified for injection into the natural gas grid.

The North America small-scale LNG market is projected to grow at the highest CAGR during the forecast period. In North America, most of the small-scale LNG demand in industrial & power applications is met through peak shaving facilities. The peak shaving facilities are used to meet adequate supply of LNG to address the peak demand.

The Small-Scale LNG market was valued at 35 Million US$ in 2017 and is projected to reach 60 Million US$ by 2025, at a CAGR of 7.0% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Small-Scale LNG.

The following manufacturers are covered in this report:

Linde Group

Wartsila

Honeywell

General Electric

Engie

Gazprom

Skangas

Sofregaz

Dresser-Rand

Prometheus Energy

Plum Energy

Excelerate Energy

Cryostar Sas

Small-Scale LNG Breakdown Data by Type

Liquefaction Terminal

Regasification Terminal

Small-Scale LNG Breakdown Data by Application

Heavy-Duty Vehicles

Marine Transport

Industrial & Power Generation

Small-Scale LNG Production by Region

United States

Europe

China

Japan

Other Regions

Other Regions

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About QY Research
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert's resources (included energy automotive chemical medical ICT consumer goods etc.