LNG Bunkering Market In Europe 2024-2028
The lng bunkering market in europe is forecasted to grow by USD 530.3 mn during 2023-2028, accelerating at a CAGR of 19.9% during the forecast period. The report on the lng bunkering market in europe 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 high capital requirements for using lng as marine fuel, fluctuation in oil and gas prices, and demand-supply gap in lng bunkering.
Technavio's lng bunkering market in europe is segmented as below:
By End-user
- Tanker
- Ferry and ro-ro
- Container
- Others
By Geographical Landscape
This study identifies the increase in demand for cleaner fuels as one of the prime reasons driving the lng bunkering market in europe growth during the next few years. Also, technological advances in lng bunkering and increase in gas exploration and production activities will lead to sizable demand in the market.
The report on the lng bunkering market in europe covers the following areas:
- LNG Bunkering Market in Europe sizing
- LNG Bunkering Market in Europe forecast
- LNG Bunkering Market in Europe 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 bunkering market in europe vendors that include Barents NaturGass AS, Bomin Bunker Holding GmbH & Co. KG, Broadview Energy Solutions B.V., Crowley Maritime Corp., Equinor ASA, Exxon Mobil Corp., Fjord Line AS, Gasnor AS, Gasum Oy, Heerema International Group, Kawasaki Heavy Industries Ltd., PETRONAS Chemicals Group Berhad, PJSC Gazprom Neft, Shell plc, SEA LNG Ltd., SHV Energy, Teekay Corp., TotalEnergies SE, and Wartsila Corp.. Also, the lng bunkering market in europe 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 primary and secondary research. 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 accurate market growth.