Global Liquefied Natural Gas (LNG) Bunkering Market 2024-2028

Global Liquefied Natural Gas (LNG) Bunkering Market 2024-2028

Global Liquefied Natural Gas (LNG) Bunkering Market 2024-2028

The liquefied natural gas (LNG) bunkering market is forecasted to grow by USD 1323.6 mn during 2023-2028, accelerating at a CAGR of 21.48% during the forecast period. The report on the liquefied natural gas (LNG) bunkering market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in supply of LNG, growing marine logistics business, and stringent government regulations pertaining to marine transport emissions.

Technavio's liquefied natural gas (LNG) bunkering market is segmented as below:

• By Application
• Tanker
• Ferry and RO-RO
• Container
• Others
• By End-user
• Commercial
• Defense
• By Geographical Landscape
• Europe
• APAC
• North America
• South America
• Middle East and Africa

This study identifies the increase in demand for cleaner fuels as one of the prime reasons driving the liquefied natural gas (LNG) bunkering market growth during the next few years. Also, technological advances in LNG bunkering and growth in LNG bunkering vessels will lead to sizable demand in the market.

The report on the liquefied natural gas (LNG) bunkering market covers the following areas:

• Liquefied natural gas (LNG) bunkering market sizing
• Liquefied natural gas (LNG) bunkering market forecast
• Liquefied natural gas (LNG) bunkering market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading liquefied natural gas (LNG) bunkering market vendors that include Arkas Holding SA, Broadview Energy Solutions B.V., Crowley Maritime Corp., Eagle LNG Partners, Equinor ASA, EVOL LNG, Fluxys SA, Gasum Oy, Harvey Gulf International Marine LLC, Naturgy Energy Group SA, PETRONAS Chemicals Group Berhad, Petronet LNG Ltd., QLNG Transport LLC, Shell PLC, SHV Energy, Singapore Technologies Engineering Ltd., TotalEnergies SE, and Trelleborg AB. Also, the liquefied natural gas (LNG) bunkering market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.