Global Small Scale LNG (SSLNG) Market 2023-2029
Small scale LNG (SSLNG) refers to a set of logistics activities used to handle small/medium quantities of liquefied natural gas (LNG). SSLNG has the advantages of lower initial investment costs compared with conventional LNG, which means that supplies can come online in a relatively short period of time, and it also has flexibility in terms of logistics and operation not found in pipeline supply. The global small scale LNG market is expected to increase by USD 6.6 billion, at a compound annual growth rate (CAGR) of 9.6% from 2023 to 2029, according to the latest edition of the Global Small Scale LNG Market Report.
The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global small scale LNG market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.
This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, mode of supply, application, and region. The global market for small scale LNG can be segmented by type: liquefaction terminals, regasification terminals. The liquefaction terminals segment held the largest share of the global small scale LNG market in 2022 and is anticipated to hold its share during the forecast period. Small scale LNG market is further segmented by mode of supply: pipeline and rail, trans-shipment and bunkering, trucks. Globally, the trucks segment made up the largest share of the small scale LNG market. Based on application, the small scale LNG market is segmented into: industrial feedstock, power generation, transportation, others. The transportation segment was the largest contributor to the global small scale LNG market in 2022. On the basis of region, the small scale LNG market also can be divided into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America. Asia-Pacific is estimated to account for the largest share of the global small scale LNG market.
Market Segmentation
By type: liquefaction terminals, regasification terminals
By mode of supply: pipeline and rail, trans-shipment and bunkering, trucks
By application: industrial feedstock, power generation, transportation, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America
The report also provides a detailed analysis of several leading small scale LNG market vendors that include Baker Hughes Company, Chart Industries, Inc., Engie SA, Eni SpA, Evergas Management A/S, Excelerate Energy, Inc., Gasum Oy, Gazprom PJSC, Honeywell UOP, Linde plc, Nikkiso Co., Ltd. (Cosmodyne, LLC), Shell plc, TotalEnergies SE, Wartsila Corporation, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
Scope of the Report
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