LNG carriers are the tank ships designed to carry Liquefied Natural Gas (LNG) at a cryogenic temperature of _161¡C. These carriers are equipped with efficient steam turbine-driven propulsion systems, which are propelled by dual fuel diesel electric propulsion systems. This increases the efficiency of LNG carriers by approximate 30% as compared to conventional vessels.
Scope of the Report:This report focuses on the LNG Carrier in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
LNG carriers have high resistance to thermal and mechanical stress and strain. LNG carrier manufacturers are constantly involved in innovation and development in order to save cost, increase carrier capacity and improve carrier design. Natural gas is one of the worldÕs most needed feedstock and with the ever-growing demand for clean energy sources, the demand for LNG is rising, which is subsequently driving the LNG carrier market. The LNG carrier market possesses pronounced growth opportunities for the growth of new as well as established players.
Asia Pacific dominates the global LNG carrier market and is expected retain its dominance during the forecast period, owing to the increase in demand in countries, such as, China, Japan, India and Pakistan.
Japan is one of the largest importers of LNG across the globe. Moreover, the increasing demand for clean and green energy sources for power generation in most Asian countries is driving the LNG demand in the region. With the increasing offshore and onshore construction activities in the U.S., the LNG carrier market is expected to grow in the North American region. The European LNG Carrier market is also expected to grow with a steady rate during the forecast period, driven by the increasing exploration activity in the region.
The worldwide market for LNG Carrier is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2026, from xx million US$ in 2020, according to a new study.
Market Segment by Manufacturers, this report covers STX Offshore & Shipbuilding
Samsung Heavy Industries
Mitsui O.S.K. Lines (MOL)
Mitsubishi Heavy Industries
Kawasaki Heavy Industries
Hyundai Heavy Industries
GasLog Ltd
Dynagas Ltd
Daewoo Shipbuilding and Marine Engineering (DSME)
China State Shipbuilding Corporation
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Under 120,000 m3
120,000Ð160,000 m3
Above 160,000 m3
Market Segment by Applications, can be divided into Government Organization
LNG Supplier
Other
There are 15 Chapters to deeply display the global LNG Carrier market.
Chapter 1, to describe LNG Carrier Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of LNG Carrier, with sales, revenue, and price of LNG Carrier, in 2018 and 2019;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2018 and 2019;
Chapter 4, to show the global market by regions, with sales, revenue and market share of LNG Carrier, for each region, from 2015 to 2020;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2015 to 2020;
Chapter 12, LNG Carrier market forecast, by regions, type and application, with sales and revenue, from 2020 to 2026;
Chapter 13, 14 and 15, to describe LNG Carrier sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.