Global Floating Storage and Regasification Unit (FSRU) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Floating Storage and Regasification Unit (FSRU) Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

A Floating Storage Regasification Unit (FSRU) is a vital component required while transiting and transferring Liquefied Natural Gas (LNG) through the oceanic channels. Therefore, FSRU can be termed as a special type of ship used for LNG transfer.

Market Overview:

The latest research study on the global Floating Storage and Regasification Unit (FSRU) market finds that the global Floating Storage and Regasification Unit (FSRU) market reached a value of USD 1308.29 million in 2022. It’s expected that the market will achieve USD 2418.15 million by 2028, exhibiting a CAGR of 10.78% during the forecast period.

Region Overview:

Southeast Asia had the highest growth rate of all regions.

Company Overview:

Hoegh LNG, BW Gas, Golar LNG, Excelerate Energy and Gazprom are the five key players in the global Floating Storage and Regasification Unit (FSRU) market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Floating Storage and Regasification Unit (FSRU) market in the past 5 years.

Höegh LNG is a fully Integrated LNG infrastructure company offering LNG transportation services, LNG regasification, terminal solutions and in-house ship management services.

BW Gas ASA provides marine transportation and fleet management services. The Company operates fuel tankers as well as transfers liquefied petroleum gas and liquefied natural gas.

Segmentation Overview:

Among different product types, Newly Built segment is anticipated to contribute the largest market share in 2028.

Application Overview:

By application, the Power Generation segment occupied the biggest share from 2018 to 2022.

Key Companies in the global Floating Storage and Regasification Unit (FSRU) market covered in Chapter 3:

Excelerate Energy
EXMAR
BW Gas
Hoegh LNG
Mitsui O.S.K Lines
Golar LNG
Gazprom

In Chapter 4 and Chapter 14.2, on the basis of types, the Floating Storage and Regasification Unit (FSRU) market from 2018 to 2029 is primarily split into:

Newly Built
Converted

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Floating Storage and Regasification Unit (FSRU) market from 2018 to 2029 covers:

Industrial
Power Generation
Others

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)