Global Small-Scale LNG Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Small-Scale LNG Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Small-Scale LNG market size was valued at USD 8599.6 million in 2023 and is forecast to a readjusted size of USD 16400 million by 2030 with a CAGR of 9.7% during review period.

Small-scale liquefied natural gas (SSLNG), a niche but nascent industry that is already profitable and scalable, boasts significant potential. It is well placed to meet the growing demand from the shipping and trucking industries for fuels that are more environmentally friendly than oil and diesel. SSLNG also enjoys advantages in addressing off-grid power generation for industrial and residential needs in remote locations. Because LNG burns more cleanly than other fossil fuels such as petroleum and coal, SSLNG is likely to gain further traction as market and regulatory pressures to transition to lower-carbon energy intensify. In the same way that “fracking” transformed the U.S. energy landscape, SSLNG has the potential to transform the role of gas in a number of key geographies and industry sectors.

China is the largest Small Scale LNG (SSLNG) market with about 33% market share. Europe is follower, accounting for about 28% market share.The key manufacturers are Guanghui Energy, Gasnor, Kunlun Energy, Xilan Natural Gas, Shaanxi Yanchang Petroleum, Gasum, Hanas, Yuanheng Energy, China National Coal Group, Hebei Huaqi Natural Gas, Equinor, Nippon Gas, Engie, PetroChina, Linde, CNOOC etc. Top 3 companies occupied about 21% market share.

The Global Info Research report includes an overview of the development of the Small-Scale LNG industry chain, the market status of Heavy-Duty Vehicles (Liquefaction Terminal, Regasification Terminal), Marine Transport (Liquefaction Terminal, Regasification Terminal), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Small-Scale LNG.

Regionally, the report analyzes the Small-Scale LNG markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Small-Scale LNG market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Small-Scale LNG market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Small-Scale LNG industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Liquefaction Terminal, Regasification Terminal).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Small-Scale LNG market.

Regional Analysis: The report involves examining the Small-Scale LNG market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Small-Scale LNG market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Small-Scale LNG:

Company Analysis: Report covers individual Small-Scale LNG manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Small-Scale LNG This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Heavy-Duty Vehicles, Marine Transport).

Technology Analysis: Report covers specific technologies relevant to Small-Scale LNG. It assesses the current state, advancements, and potential future developments in Small-Scale LNG areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Small-Scale LNG market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Small-Scale LNG market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Liquefaction Terminal
Regasification Terminal

Market segment by Application
Heavy-Duty Vehicles
Marine Transport
Industrial & Power Generation

Major players covered
Linde Group
Wartsila
Honeywell
General Electric
Engie
Gazprom
Gasum
Sofregaz
Dresser-Rand
Prometheus Energy
Plum Energy
Excelerate Energy
Cryostar Sas

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Small-Scale LNG product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Small-Scale LNG, with price, sales, revenue and global market share of Small-Scale LNG from 2019 to 2024.

Chapter 3, the Small-Scale LNG competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Small-Scale LNG breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Small-Scale LNG market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Small-Scale LNG.

Chapter 14 and 15, to describe Small-Scale LNG sales channel, distributors, customers, research findings and conclusion.