Global Lng Carriers Market 2024-2028

Global LNG Carriers Market 2024-2028


The LNG carriers market is forecasted to grow by USD 3600 bn during 2023-2028, accelerating at a CAGR of 4.62% during the forecast period. The report on the LNG carriers 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 demand for natural gas, increase in supply of natural gas, and rise in LNG liquefication capacity.

Technavio's LNG carriers market is segmented as below:

By Type
  • Membrane
  • Moss
By Geographical Landscape
  • North America
  • Middle East and Africa
  • Europe
  • APAC
  • South America
This study identifies the increase in demand for cleaner fuels as one of the prime reasons driving the LNG carriers market growth during the next few years. Also, development of efficient LNG carriers and commoditization of LNG will lead to sizable demand in the market.

The report on the LNG carriers market covers the following areas:
  • LNG carriers market sizing
  • LNG carriers market forecast
  • LNG carriers 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 LNG carriers market vendors that include BW Group, Dynagas Ltd., Flex LNG Ltd., GasLog Ltd., Gaztransport and Technigaz SA, Golar LNG Ltd., Hanwha Corp., Japan Marine United Corp., K Shipbuilding, Kawasaki Heavy Industries Ltd., Maran Gas Maritime Inc., Mitsubishi Heavy Industries Ltd., Mitsui and Co. Ltd., Nakilat, PETRONAS Chemicals Group Berhad, Samsung Heavy Industries Co. Ltd., Shell PLC, Teekay LNG Partners L.P, and Wartsila Corp.. Also, the LNG carriers 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.


1 Executive Summary
1.1 Market overview
Executive Summary - Chart on Market Overview
Executive Summary - Data Table on Market Overview
Executive Summary - Chart on Global Market Characteristics
Executive Summary - Chart on Market By Geographical Landscape
Executive Summary - Chart on Market Segmentation by Type
Executive Summary - Chart on Incremental Growth
Executive Summary - Data Table on Incremental Growth
Executive Summary - Chart on Company Market Positioning
2 Market Landscape
2.1 Market ecosystem
Parent Market
Data Table on - Parent Market
2.2 Market characteristics
Market characteristics analysis
2.3 Value chain analysis
Value Chain Analysis
3 Market Sizing
3.1 Market definition
Offerings of companies included in the market definition
3.2 Market segment analysis
Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Chart on Global - Market size and forecast 2023-2028 ($ billion)
Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Chart on Global Market: Year-over-year growth 2023-2028 (%)
Data Table on Global Market: Year-over-year growth 2023-2028 (%)
4 Historic Market Size
4.1 Global LNG Carriers Market 2018 - 2022
Historic Market Size - Data Table on Global LNG Carriers Market 2018 - 2022 ($ billion)
4.2 Type segment analysis 2018 - 2022
Historic Market Size - Type Segment 2018 - 2022 ($ billion)
4.3 Geography segment analysis 2018 - 2022
Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
4.4 Country segment analysis 2018 - 2022
Historic Market Size - Country Segment 2018 - 2022 ($ billion)
5 Five Forces Analysis
5.1 Five forces summary
Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Chart on Market condition - Five forces 2023 and 2028
6 Market Segmentation by Type
6.1 Market segments
Chart on Type - Market share 2023-2028 (%)
Data Table on Type - Market share 2023-2028 (%)
6.2 Comparison by Type
Chart on Comparison by Type
Data Table on Comparison by Type
6.3 Membrane - Market size and forecast 2023-2028
Chart on Membrane - Market size and forecast 2023-2028 ($ billion)
Data Table on Membrane - Market size and forecast 2023-2028 ($ billion)
Chart on Membrane - Year-over-year growth 2023-2028 (%)
Data Table on Membrane - Year-over-year growth 2023-2028 (%)
6.4 Moss - Market size and forecast 2023-2028
Chart on Moss - Market size and forecast 2023-2028 ($ billion)
Data Table on Moss - Market size and forecast 2023-2028 ($ billion)
Chart on Moss - Year-over-year growth 2023-2028 (%)
Data Table on Moss - Year-over-year growth 2023-2028 (%)
6.5 Market opportunity by Type
Market opportunity by Type ($ billion)
Data Table on Market opportunity by Type ($ billion)
7 Customer Landscape
7.1 Customer landscape overview
Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
8 Geographic Landscape
8.1 Geographic segmentation
Chart on Market share By Geographical Landscape 2023-2028 (%)
Data Table on Market share By Geographical Landscape 2023-2028 (%)
8.2 Geographic comparison
Chart on Geographic comparison
Data Table on Geographic comparison
8.3 North America - Market size and forecast 2023-2028
Chart on North America - Market size and forecast 2023-2028 ($ billion)
Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Chart on North America - Year-over-year growth 2023-2028 (%)
Data Table on North America - Year-over-year growth 2023-2028 (%)
8.4 Middle East and Africa - Market size and forecast 2023-2028
Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
8.5 Europe - Market size and forecast 2023-2028
Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Chart on Europe - Year-over-year growth 2023-2028 (%)
Data Table on Europe - Year-over-year growth 2023-2028 (%)
8.6 APAC - Market size and forecast 2023-2028
Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Chart on APAC - Year-over-year growth 2023-2028 (%)
Data Table on APAC - Year-over-year growth 2023-2028 (%)
8.7 South America - Market size and forecast 2023-2028
Chart on South America - Market size and forecast 2023-2028 ($ billion)
Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Chart on South America - Year-over-year growth 2023-2028 (%)
Data Table on South America - Year-over-year growth 2023-2028 (%)
8.8 UK - Market size and forecast 2023-2028
Chart on UK - Market size and forecast 2023-2028 ($ billion)
Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Chart on UK - Year-over-year growth 2023-2028 (%)
Data Table on UK - Year-over-year growth 2023-2028 (%)
8.9 Japan - Market size and forecast 2023-2028
Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Chart on Japan - Year-over-year growth 2023-2028 (%)
Data Table on Japan - Year-over-year growth 2023-2028 (%)
8.10 Qatar - Market size and forecast 2023-2028
Chart on Qatar - Market size and forecast 2023-2028 ($ billion)
Data Table on Qatar - Market size and forecast 2023-2028 ($ billion)
Chart on Qatar - Year-over-year growth 2023-2028 (%)
Data Table on Qatar - Year-over-year growth 2023-2028 (%)
8.11 Greece - Market size and forecast 2023-2028
Chart on Greece - Market size and forecast 2023-2028 ($ billion)
Data Table on Greece - Market size and forecast 2023-2028 ($ billion)
Chart on Greece - Year-over-year growth 2023-2028 (%)
Data Table on Greece - Year-over-year growth 2023-2028 (%)
8.12 Malaysia - Market size and forecast 2023-2028
Chart on Malaysia - Market size and forecast 2023-2028 ($ billion)
Data Table on Malaysia - Market size and forecast 2023-2028 ($ billion)
Chart on Malaysia - Year-over-year growth 2023-2028 (%)
Data Table on Malaysia - Year-over-year growth 2023-2028 (%)
8.13 Market opportunity By Geographical Landscape
Market opportunity By Geographical Landscape ($ billion)
Data Tables on Market opportunity By Geographical Landscape ($ billion)
9 Drivers, Challenges, and Opportunity/Restraints
9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Impact of drivers and challenges in 2023 and 2028
9.4 Market opportunities/restraints
10 Competitive Landscape
10.1 Overview
10.2 Competitive Landscape
Overview on criticality of inputs and factors of differentiation
10.3 Landscape disruption
Overview on factors of disruption
10.4 Industry risks
Impact of key risks on business
11 Competitive Analysis
11.1 Companies profiled
Companies covered
11.2 Market positioning of companies
Matrix on companies position and classification
11.3 BW Group
BW Group - Overview
BW Group - Product / Service
BW Group - Key offerings
11.4 Flex LNG Ltd.
Flex LNG Ltd. - Overview
Flex LNG Ltd. - Product / Service
Flex LNG Ltd. - Key offerings
11.5 GasLog Ltd.
GasLog Ltd. - Overview
GasLog Ltd. - Product / Service
GasLog Ltd. - Key offerings
11.6 Gaztransport and Technigaz SA
Gaztransport and Technigaz SA - Overview
Gaztransport and Technigaz SA - Business segments
Gaztransport and Technigaz SA - Key news
Gaztransport and Technigaz SA - Key offerings
Gaztransport and Technigaz SA - Segment focus
11.7 Hanwha Corp.
Hanwha Corp. - Overview
Hanwha Corp. - Product / Service
Hanwha Corp. - Key news
Hanwha Corp. - Key offerings
11.8 Kawasaki Heavy Industries Ltd.
Kawasaki Heavy Industries Ltd. - Overview
Kawasaki Heavy Industries Ltd. - Business segments
Kawasaki Heavy Industries Ltd. - Key news
Kawasaki Heavy Industries Ltd. - Key offerings
Kawasaki Heavy Industries Ltd. - Segment focus
11.9 Mitsubishi Heavy Industries Ltd.
Mitsubishi Heavy Industries Ltd. - Overview
Mitsubishi Heavy Industries Ltd. - Business segments
Mitsubishi Heavy Industries Ltd. - Key news
Mitsubishi Heavy Industries Ltd. - Key offerings
Mitsubishi Heavy Industries Ltd. - Segment focus
11.10 Nakilat
Nakilat - Overview
Nakilat - Product / Service
Nakilat - Key offerings
11.11 Samsung Heavy Industries Co. Ltd.
Samsung Heavy Industries Co. Ltd. - Overview
Samsung Heavy Industries Co. Ltd. - Product / Service
Samsung Heavy Industries Co. Ltd. - Key offerings
11.12 Teekay LNG Partners L.P
Teekay LNG Partners L.P - Overview
Teekay LNG Partners L.P - Product / Service
Teekay LNG Partners L.P - Key offerings
12 Appendix
12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Inclusions checklist
Exclusions checklist
12.3 Currency conversion rates for US$
Currency conversion rates for US$
12.4 Research methodology
Research methodology
12.5 Data procurement
Information sources
12.6 Data validation
Data validation
12.7 Validation techniques employed for market sizing
Validation techniques employed for market sizing
12.8 Data synthesis
Data synthesis
12.9 360 degree market analysis
360 degree market analysis
12.10 List of abbreviations
List of abbreviations
Exhibits:
Exhibits1: Executive Summary - Chart on Market Overview
Exhibits2: Executive Summary - Data Table on Market Overview
Exhibits3: Executive Summary - Chart on Global Market Characteristics
Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
Exhibits5: Executive Summary - Chart on Market Segmentation by Type
Exhibits6: Executive Summary - Chart on Incremental Growth
Exhibits7: Executive Summary - Data Table on Incremental Growth
Exhibits8: Executive Summary - Chart on Company Market Positioning
Exhibits9: Parent Market
Exhibits10: Data Table on - Parent Market
Exhibits11: Market characteristics analysis
Exhibits12: Value Chain Analysis
Exhibits13: Offerings of companies included in the market definition
Exhibits14: Market segments
Exhibits15: Chart on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits16: Data Table on Global - Market size and forecast 2023-2028 ($ billion)
Exhibits17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
Exhibits19: Historic Market Size - Data Table on Global LNG Carriers Market 2018 - 2022 ($ billion)
Exhibits20: Historic Market Size - Type Segment 2018 - 2022 ($ billion)
Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ billion)
Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ billion)
Exhibits23: Five forces analysis - Comparison between 2023 and 2028
Exhibits24: Bargaining power of buyers - Impact of key factors 2023 and 2028
Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
Exhibits29: Chart on Market condition - Five forces 2023 and 2028
Exhibits30: Chart on Type - Market share 2023-2028 (%)
Exhibits31: Data Table on Type - Market share 2023-2028 (%)
Exhibits32: Chart on Comparison by Type
Exhibits33: Data Table on Comparison by Type
Exhibits34: Chart on Membrane - Market size and forecast 2023-2028 ($ billion)
Exhibits35: Data Table on Membrane - Market size and forecast 2023-2028 ($ billion)
Exhibits36: Chart on Membrane - Year-over-year growth 2023-2028 (%)
Exhibits37: Data Table on Membrane - Year-over-year growth 2023-2028 (%)
Exhibits38: Chart on Moss - Market size and forecast 2023-2028 ($ billion)
Exhibits39: Data Table on Moss - Market size and forecast 2023-2028 ($ billion)
Exhibits40: Chart on Moss - Year-over-year growth 2023-2028 (%)
Exhibits41: Data Table on Moss - Year-over-year growth 2023-2028 (%)
Exhibits42: Market opportunity by Type ($ billion)
Exhibits43: Data Table on Market opportunity by Type ($ billion)
Exhibits44: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Exhibits45: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibits46: Data Table on Market share By Geographical Landscape 2023-2028 (%)
Exhibits47: Chart on Geographic comparison
Exhibits48: Data Table on Geographic comparison
Exhibits49: Chart on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits50: Data Table on North America - Market size and forecast 2023-2028 ($ billion)
Exhibits51: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibits52: Data Table on North America - Year-over-year growth 2023-2028 (%)
Exhibits53: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits54: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ billion)
Exhibits55: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits56: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibits57: Chart on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits58: Data Table on Europe - Market size and forecast 2023-2028 ($ billion)
Exhibits59: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibits60: Data Table on Europe - Year-over-year growth 2023-2028 (%)
Exhibits61: Chart on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits62: Data Table on APAC - Market size and forecast 2023-2028 ($ billion)
Exhibits63: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibits64: Data Table on APAC - Year-over-year growth 2023-2028 (%)
Exhibits65: Chart on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits66: Data Table on South America - Market size and forecast 2023-2028 ($ billion)
Exhibits67: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibits68: Data Table on South America - Year-over-year growth 2023-2028 (%)
Exhibits69: Chart on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits70: Data Table on UK - Market size and forecast 2023-2028 ($ billion)
Exhibits71: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibits72: Data Table on UK - Year-over-year growth 2023-2028 (%)
Exhibits73: Chart on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits74: Data Table on Japan - Market size and forecast 2023-2028 ($ billion)
Exhibits75: Chart on Japan - Year-over-year growth 2023-2028 (%)
Exhibits76: Data Table on Japan - Year-over-year growth 2023-2028 (%)
Exhibits77: Chart on Qatar - Market size and forecast 2023-2028 ($ billion)
Exhibits78: Data Table on Qatar - Market size and forecast 2023-2028 ($ billion)
Exhibits79: Chart on Qatar - Year-over-year growth 2023-2028 (%)
Exhibits80: Data Table on Qatar - Year-over-year growth 2023-2028 (%)
Exhibits81: Chart on Greece - Market size and forecast 2023-2028 ($ billion)
Exhibits82: Data Table on Greece - Market size and forecast 2023-2028 ($ billion)
Exhibits83: Chart on Greece - Year-over-year growth 2023-2028 (%)
Exhibits84: Data Table on Greece - Year-over-year growth 2023-2028 (%)
Exhibits85: Chart on Malaysia - Market size and forecast 2023-2028 ($ billion)
Exhibits86: Data Table on Malaysia - Market size and forecast 2023-2028 ($ billion)
Exhibits87: Chart on Malaysia - Year-over-year growth 2023-2028 (%)
Exhibits88: Data Table on Malaysia - Year-over-year growth 2023-2028 (%)
Exhibits89: Market opportunity By Geographical Landscape ($ billion)
Exhibits90: Data Tables on Market opportunity By Geographical Landscape ($ billion)
Exhibits91: Impact of drivers and challenges in 2023 and 2028
Exhibits92: Overview on criticality of inputs and factors of differentiation
Exhibits93: Overview on factors of disruption
Exhibits94: Impact of key risks on business
Exhibits95: Companies covered
Exhibits96: Matrix on companies position and classification
Exhibits97: BW Group - Overview
Exhibits98: BW Group - Product / Service
Exhibits99: BW Group - Key offerings
Exhibits100: Flex LNG Ltd. - Overview
Exhibits101: Flex LNG Ltd. - Product / Service
Exhibits102: Flex LNG Ltd. - Key offerings
Exhibits103: GasLog Ltd. - Overview
Exhibits104: GasLog Ltd. - Product / Service
Exhibits105: GasLog Ltd. - Key offerings
Exhibits106: Gaztransport and Technigaz SA - Overview
Exhibits107: Gaztransport and Technigaz SA - Business segments
Exhibits108: Gaztransport and Technigaz SA - Key news
Exhibits109: Gaztransport and Technigaz SA - Key offerings
Exhibits110: Gaztransport and Technigaz SA - Segment focus
Exhibits111: Hanwha Corp. - Overview
Exhibits112: Hanwha Corp. - Product / Service
Exhibits113: Hanwha Corp. - Key news
Exhibits114: Hanwha Corp. - Key offerings
Exhibits115: Kawasaki Heavy Industries Ltd. - Overview
Exhibits116: Kawasaki Heavy Industries Ltd. - Business segments
Exhibits117: Kawasaki Heavy Industries Ltd. - Key news
Exhibits118: Kawasaki Heavy Industries Ltd. - Key offerings
Exhibits119: Kawasaki Heavy Industries Ltd. - Segment focus
Exhibits120: Mitsubishi Heavy Industries Ltd. - Overview
Exhibits121: Mitsubishi Heavy Industries Ltd. - Business segments
Exhibits122: Mitsubishi Heavy Industries Ltd. - Key news
Exhibits123: Mitsubishi Heavy Industries Ltd. - Key offerings
Exhibits124: Mitsubishi Heavy Industries Ltd. - Segment focus
Exhibits125: Nakilat - Overview
Exhibits126: Nakilat - Product / Service
Exhibits127: Nakilat - Key offerings
Exhibits128: Samsung Heavy Industries Co. Ltd. - Overview
Exhibits129: Samsung Heavy Industries Co. Ltd. - Product / Service
Exhibits130: Samsung Heavy Industries Co. Ltd. - Key offerings
Exhibits131: Teekay LNG Partners L.P - Overview
Exhibits132: Teekay LNG Partners L.P - Product / Service
Exhibits133: Teekay LNG Partners L.P - Key offerings
Exhibits134: Inclusions checklist
Exhibits135: Exclusions checklist
Exhibits136: Currency conversion rates for US$
Exhibits137: Research methodology
Exhibits138: Information sources
Exhibits139: Data validation
Exhibits140: Validation techniques employed for market sizing
Exhibits141: Data synthesis
Exhibits142: 360 degree market analysis
Exhibits143: List of abbreviations

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