The Floating LNG Power Plant Market size is estimated at USD 604.04 million in 2024, and is expected to reach USD 737.03 million by 2029, growing at a CAGR of 4.06% during the forecast period (2024-2029).
COVID-19 negatively impacted the market in 2020. Presently the market is likely to reach pre-pandemic levels.
The floating LNG power plant market is moderately consolidated. Some of the key players in the market (in no particular order) include Wison Group, Kawasaki Heavy Industries Ltd, Wartsila Oyj Abp, Chiyoda Corp, and Karadeniz Holding.
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