Small-scale liquefied natural gas (SSLNG), a niche but nascent industry that is already profitable and scalable, boasts significant potential. It is well placed to meet the growing demand from the shipping and trucking industries for fuels that are more environmentally friendly than oil and diesel. SSLNG also enjoys advantages in addressing off-grid power generation for industrial and residential needs in remote locations. Because LNG burns more cleanly than other fossil fuels such as petroleum and coal, SSLNG is likely to gain further traction as market and regulatory pressures to transition to lower-carbon energy intensify. In the same way that "fracking" transformed the U.S. energy landscape, SSLNG has the potential to transform the role of gas in a number of key geographies and industry sectors.
SSLNG industry has been developing fast due to its high cost performance. The SSLNG industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 27.1% of the revenue market. Regionally, China is the biggest revenue area, also the leader in the whole SSLNG industry.
Asia?Pacific occupied 54.3% of the sales market in 2017. It is followed by Europe and NA, which respectively account for around 36.7% and 4.8% of the global total industry. Other countries have a small amount of sales.
According to this study, over the next five years the Small Scale LNG (SSLNG) market will register a 10.4% CAGR in terms of revenue, the global market size will reach USD 10400 million by 2024, from USD 6350 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Small Scale LNG (SSLNG) business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Small Scale LNG (SSLNG) market by product type, application, key manufacturers and key regions and countries.
This study considers the Small Scale LNG (SSLNG) value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Production
Storage and Boil Off Gas
LNG Transfer
SSLNG Shipping Characteristics
Small Regasification and Import Terminal
Logistics
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Industry
Fuel
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Guanghui Energy
Gasnor
Kunlun Energy
Xilan Natural Gas
Shaanxi Yanchang Petroleum
Skangas
Hanas
Yuanheng Energy
China National Coal Group
Hebei Huaqi Natural Gas
Statoil
Nippon Gas
Engie
PetroChina
Linde
CNOOC
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Small Scale LNG (SSLNG) consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Small Scale LNG (SSLNG) market by identifying its various subsegments.
Focuses on the key global Small Scale LNG (SSLNG) manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Small Scale LNG (SSLNG) with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Small Scale LNG (SSLNG) submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
