Global LNG Carrier Market Research Report 2023(Status and Outlook)

Global LNG Carrier Market Research Report 2023(Status and Outlook)



Report Overview

LNG carriers are the tank ships designed to carry Liquefied Natural Gas (LNG) at a cryogenic temperature of −161°C. These carriers are equipped with efficient steam turbine-driven propulsion systems, which are propelled by dual fuel diesel electric propulsion systems. This increases the efficiency of LNG carriers by approximate 30% as compared to conventional vessels.

LNG carriers have high resistance to thermal and mechanical stress and strain. LNG carrier manufacturers are constantly involved in innovation and development in order to save cost, increase carrier capacity and improve carrier design. Natural gas is one of the world’s most needed feedstock and with the ever-growing demand for clean energy sources, the demand for LNG is rising, which is subsequently driving the LNG carrier market. The LNG carrier market possesses pronounced growth opportunities for the growth of new as well as established players.

The Global LNG Carrier Market Size was estimated at USD 11930.00 million in 2022 and is projected to reach USD 15805.04 million by 2029, exhibiting a CAGR of 4.10% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global LNG Carrier market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global LNG Carrier Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the LNG Carrier market in any manner.

Global LNG Carrier Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

STX Offshore & Shipbuilding

Samsung Heavy Industries

Mitsui O.S.K. Lines (MOL)

Mitsubishi Heavy Industries

Kawasaki Heavy Industries

Hyundai Heavy Industries

GasLog Ltd

Dynagas Ltd

Daewoo Shipbuilding and Marine Engineering (DSME)

China State Shipbuilding Corporation

Market Segmentation (by Type)

Under 120,000 m3

120,000–160,000 m3

Above 160,000 m3

Market Segmentation (by Application)

Pharmaceuticals

Food Ingredient

Others

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the LNG Carrier Market

Overview of the regional outlook of the LNG Carrier Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of LNG Carrier
1.2 Key Market Segments
1.2.1 LNG Carrier Segment by Type
1.2.2 LNG Carrier Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 LNG Carrier Market Overview
2.1 Global Market Overview
2.1.1 Global LNG Carrier Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global LNG Carrier Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 LNG Carrier Market Competitive Landscape
3.1 Global LNG Carrier Sales by Manufacturers (2018-2023)
3.2 Global LNG Carrier Revenue Market Share by Manufacturers (2018-2023)
3.3 LNG Carrier Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global LNG Carrier Average Price by Manufacturers (2018-2023)
3.5 Manufacturers LNG Carrier Sales Sites, Area Served, Product Type
3.6 LNG Carrier Market Competitive Situation and Trends
3.6.1 LNG Carrier Market Concentration Rate
3.6.2 Global 5 and 10 Largest LNG Carrier Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 LNG Carrier Industry Chain Analysis
4.1 LNG Carrier Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of LNG Carrier Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 LNG Carrier Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global LNG Carrier Sales Market Share by Type (2018-2023)
6.3 Global LNG Carrier Market Size Market Share by Type (2018-2023)
6.4 Global LNG Carrier Price by Type (2018-2023)
7 LNG Carrier Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global LNG Carrier Market Sales by Application (2018-2023)
7.3 Global LNG Carrier Market Size (M USD) by Application (2018-2023)
7.4 Global LNG Carrier Sales Growth Rate by Application (2018-2023)
8 LNG Carrier Market Segmentation by Region
8.1 Global LNG Carrier Sales by Region
8.1.1 Global LNG Carrier Sales by Region
8.1.2 Global LNG Carrier Sales Market Share by Region
8.2 North America
8.2.1 North America LNG Carrier Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe LNG Carrier Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific LNG Carrier Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America LNG Carrier Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa LNG Carrier Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 STX Offshore andamp; Shipbuilding
9.1.1 STX Offshore andamp; Shipbuilding LNG Carrier Basic Information
9.1.2 STX Offshore andamp; Shipbuilding LNG Carrier Product Overview
9.1.3 STX Offshore andamp; Shipbuilding LNG Carrier Product Market Performance
9.1.4 STX Offshore andamp; Shipbuilding Business Overview
9.1.5 STX Offshore andamp; Shipbuilding LNG Carrier SWOT Analysis
9.1.6 STX Offshore andamp; Shipbuilding Recent Developments
9.2 Samsung Heavy Industries
9.2.1 Samsung Heavy Industries LNG Carrier Basic Information
9.2.2 Samsung Heavy Industries LNG Carrier Product Overview
9.2.3 Samsung Heavy Industries LNG Carrier Product Market Performance
9.2.4 Samsung Heavy Industries Business Overview
9.2.5 Samsung Heavy Industries LNG Carrier SWOT Analysis
9.2.6 Samsung Heavy Industries Recent Developments
9.3 Mitsui O.S.K. Lines (MOL)
9.3.1 Mitsui O.S.K. Lines (MOL) LNG Carrier Basic Information
9.3.2 Mitsui O.S.K. Lines (MOL) LNG Carrier Product Overview
9.3.3 Mitsui O.S.K. Lines (MOL) LNG Carrier Product Market Performance
9.3.4 Mitsui O.S.K. Lines (MOL) Business Overview
9.3.5 Mitsui O.S.K. Lines (MOL) LNG Carrier SWOT Analysis
9.3.6 Mitsui O.S.K. Lines (MOL) Recent Developments
9.4 Mitsubishi Heavy Industries
9.4.1 Mitsubishi Heavy Industries LNG Carrier Basic Information
9.4.2 Mitsubishi Heavy Industries LNG Carrier Product Overview
9.4.3 Mitsubishi Heavy Industries LNG Carrier Product Market Performance
9.4.4 Mitsubishi Heavy Industries Business Overview
9.4.5 Mitsubishi Heavy Industries LNG Carrier SWOT Analysis
9.4.6 Mitsubishi Heavy Industries Recent Developments
9.5 Kawasaki Heavy Industries
9.5.1 Kawasaki Heavy Industries LNG Carrier Basic Information
9.5.2 Kawasaki Heavy Industries LNG Carrier Product Overview
9.5.3 Kawasaki Heavy Industries LNG Carrier Product Market Performance
9.5.4 Kawasaki Heavy Industries Business Overview
9.5.5 Kawasaki Heavy Industries LNG Carrier SWOT Analysis
9.5.6 Kawasaki Heavy Industries Recent Developments
9.6 Hyundai Heavy Industries
9.6.1 Hyundai Heavy Industries LNG Carrier Basic Information
9.6.2 Hyundai Heavy Industries LNG Carrier Product Overview
9.6.3 Hyundai Heavy Industries LNG Carrier Product Market Performance
9.6.4 Hyundai Heavy Industries Business Overview
9.6.5 Hyundai Heavy Industries Recent Developments
9.7 GasLog Ltd
9.7.1 GasLog Ltd LNG Carrier Basic Information
9.7.2 GasLog Ltd LNG Carrier Product Overview
9.7.3 GasLog Ltd LNG Carrier Product Market Performance
9.7.4 GasLog Ltd Business Overview
9.7.5 GasLog Ltd Recent Developments
9.8 Dynagas Ltd
9.8.1 Dynagas Ltd LNG Carrier Basic Information
9.8.2 Dynagas Ltd LNG Carrier Product Overview
9.8.3 Dynagas Ltd LNG Carrier Product Market Performance
9.8.4 Dynagas Ltd Business Overview
9.8.5 Dynagas Ltd Recent Developments
9.9 Daewoo Shipbuilding and Marine Engineering (DSME)
9.9.1 Daewoo Shipbuilding and Marine Engineering (DSME) LNG Carrier Basic Information
9.9.2 Daewoo Shipbuilding and Marine Engineering (DSME) LNG Carrier Product Overview
9.9.3 Daewoo Shipbuilding and Marine Engineering (DSME) LNG Carrier Product Market Performance
9.9.4 Daewoo Shipbuilding and Marine Engineering (DSME) Business Overview
9.9.5 Daewoo Shipbuilding and Marine Engineering (DSME) Recent Developments
9.10 China State Shipbuilding Corporation
9.10.1 China State Shipbuilding Corporation LNG Carrier Basic Information
9.10.2 China State Shipbuilding Corporation LNG Carrier Product Overview
9.10.3 China State Shipbuilding Corporation LNG Carrier Product Market Performance
9.10.4 China State Shipbuilding Corporation Business Overview
9.10.5 China State Shipbuilding Corporation Recent Developments
10 LNG Carrier Market Forecast by Region
10.1 Global LNG Carrier Market Size Forecast
10.2 Global LNG Carrier Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe LNG Carrier Market Size Forecast by Country
10.2.3 Asia Pacific LNG Carrier Market Size Forecast by Region
10.2.4 South America LNG Carrier Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of LNG Carrier by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global LNG Carrier Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of LNG Carrier by Type (2024-2029)
11.1.2 Global LNG Carrier Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of LNG Carrier by Type (2024-2029)
11.2 Global LNG Carrier Market Forecast by Application (2024-2029)
11.2.1 Global LNG Carrier Sales (K Units) Forecast by Application
11.2.2 Global LNG Carrier Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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