The newly released research at Market Study Report LLC titled “2019-2024 Global LNG Filling Stations Market Report” provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.

Selbyville, DE -- (SBWire) -- 02/26/2019 --LNG Filling Stations consist of LNG tank, pump skid and submersible pump, booster truck carburetor, carburetor, EAG heater (the three carburetor will change with different processing,), plus liquid machine etc. The Blue Corridors project?s aim is to establish LNG as a real alternative for medium & long distance transport - first as a complementary fuel and later as an adequate substitute for diesel. Up to now the common use of gas as fuel was for heavy vehicles running on Natural Gas (NG) only for municipal use, urban buses and garbage collection trucks. In both types of application engine performance and autonomy are good with present technologies, being well adapted to this alternative and cleaner fuel. This opens the way for LNG (Liquefied Natural Gas), which is the way to transport natural gas by ship to any point of the globe. NG liquefies at 162? C below zero, and the cost in energy is only 5% of the original gas. This state of NG gives LNG the advantage of a very high energy content. Only 1,8 liter of LNG areneeded to meet the equivalent autonomy as using 1 liter of diesel oil.

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Natural gas is a major source of energy. Liquefied natural gas or LNG is natural gas that has been converted to a liquid form for the ease of storage or transport by cooling natural gas to approximately 162 C. Afterwards, it is stored at essentially atmospheric pressure. Liquefied natural gas takes up about one six hundredth the volume of natural gas in the gaseous state. It is odourless, colourless, non-toxic and non-corrosive.

LNG, or liquefied natural gas, is natural gas that is cooled to -260 Fahrenheit until it becomes a liquid and then stored at essentially atmospheric pressure. Converting natural gas to LNG, a process that reduces its volume by about 600 times similar to reducing the volume of a beach ball to the volume of a ping-pong ball ? allows it to be transported internationally via cargo ships.

A LNG filling station is a facility which sells LNG to vehicles. Liquefied natural gas filling stations rely on bulk delivery of fuel via tanker trucks similar to the way in which gasoline and diesel are delivered to filling stations. As LNG needs to be stored at -160 Celsius in order to stay in a liquid state, the fuel is delivered to the station site and stored in a special insulated cryogenic tank. The fuel is pumped from the storage tank and dispensed in a way that is similar to liquid fuels. As LNG dispensers operate at cryogenic temperatures, training is needed in order to dispense the fuel safely. Protective gloves and face shields must also be worn by personnel.

Commission?s targets for greenhouse gas reduction, air quality targets, while at the same time reducing dependency on crude oil and guarantying supply security. Natural gas heavy duty vehicles already comply with Euro V emission standards and have enormous potential to reach future Euro VI emission standards without complex exhaust gas after treatment technologies, which cause increasing procurement and maintenance costs.

The LNG Filling Stations market research study is a combined synopsis of the evaluation of this business space as well as an analysis of its segmentation. The report projects the LNG Filling Stations to emerge as one of most profitable verticals, amassing substantial remuneration by the end of the forecast duration, recording a commendable growth rate over the estimated span. The growth opportunities prevalent in this space in tandem with the industry's regional expanse have also been outlined in the report.

An intrinsic coverage of this report:

Enumerating the basic market drivers, challenges, and strategies adopted:

The report presents, in excruciating detail, the vital driving forces influencing the commercialization scale of the LNG Filling Stations market and information regarding the rising demand for the product across pivotal regions.
A brief of the various applications, business arenas, and the latest trends in this industry have been presented in the report.
The various challenges prevalent in this vertical and the myriad tactics that industry contenders have adopted in a bid to market the product have also been outlined.
The study reviews the sales channels (direct, indirect marketing) that firms have opted for, the main product distributors, as well as the high-grade clientele of the market.
Unveiling the regional landscape of this market:

Considering the regional terrain of the LNG Filling Stations market, it is prudent to mention that this report segments this industry into USA, Europe, Japan, China, India, South East Asia.
. Details regarding the product consumption across all these regions have been presented in the report.
The study includes the valuation that each geography accounts for in tandem with the estimated regional market share.
The report encompasses the product consumption growth rate across all geographies in addition to the consumption market share, as well as the regional consumption rate.

Expounding the competitive terrain of the LNG Filling Stations market:

A brief of the manufacturer base of the LNG Filling Stations market, comprising companies such as
Kunlun Energy
CNOOC
ENN Energy Holding
Guanghui
Sinopec
Cryostar
Engie
FortisBC

, inclusive of the distribution & sales area, in conjunction with the details of every manufacturer have been enumerated in the report.
These details further include a basic outline of the company, vendor profile, and the product portfolio of the firm in question.
The report enumerates information about the revenue accrued, gross margins, product sales, price patterns, and the latest news pertaining to the company.

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Presenting a summary of the LNG Filling Stations market segmentation

According to the report, the LNG Filling Stations market, with respect to the product type, is segmented into
Mobile Station
Permanent Station

. Further, the report expounds details about the product market share and the remuneration to be procured by every type.
Details about the consumption (revenue, growth rate) of each product and the sales price over the estimated duration have been mentioned.

The report claims the application landscape of the LNG Filling Stations market to be segmented into
Vehicle
Ship

. It also estimates the valuation that each application will hold and the present market share.
Information about the product consumption in terms of each application as well as the sales price over the forecast duration have also been included.

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

To study and analyze the global LNG Filling Stations consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.

To understand the structure of LNG Filling Stations market by identifying its various subsegments.

Focuses on the key global LNG Filling Stations manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyze the LNG Filling Stations with respect to individual growth trends, future prospects, and their contribution to the total market.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

To project the consumption of LNG Filling Stations submarkets, with respect to key regions (along with their respective key countries).

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyze their growth strategies.

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