The global small-scale LNG market grew at a CAGR of around 7% during 2014-2019. Small-scale liquefied natural gas (LNG) refers to a natural gas that is present in liquefied form and is processed in industrial plants with low capacities. The gas is cooled at extremely cold temperatures and is converted into an odorless and colorless liquid that can be re-gasified for various applications. In comparison to oil and diesel, small-scale LNG is more environment-friendly and is widely utilized in addressing off-grid power generation requirements in remote industrial and residential complexes. In addition to this, it is widely used as a transportation fuel, as an industrial feedstock and for heating purposes in industrial, commercial, and residential sectors.
Rapid industrialization, along with the growing demand for energy-efficient and cost-effective energy sources, is one of the key factors driving the growth of the market. Furthermore, widespread product adoption by the transportation industry is also providing a boost to the market growth. Manufacturers of commercial vehicles are shifting toward LNG over the traditionally used fuel sources as it has complete combustion and fewer carbon emissions. In line with this, the increasing demand for power generation from underdeveloped and remote areas across the globe is creating a positive outlook for the market. Additionally, increasing utilization of LNG as ship fuel over heavy fuel oil, marine gas oil and diesel oil, is acting as another growth-inducing factor. Other factors, including the rising consumer inclination toward greener and cleaner fuel sources, along with increasing investments and the implementation of favorable government policies promoting the adoption of LNG, are projected to drive the market further. Looking forward, IMARC Group expects the global small-scale LNG market to continue its moderate growth during the next five years.
Breakup by Terminal Type:
- Liquefaction Terminal
- Regasification Terminal
Breakup by Mode of Supply:
- Truck
- Trans-Shipment and Bunkering
- Pipeline and Rail
- Others
Breakup by Storage Tank Type:
- Pressurized
- Atmospheric Tank
- Floating Storage Unit (FSU)
Breakup by Application:
- Electrical Power Generation
- Industrial Feedstock
- Transportation
- Others
Breakup by Region:
- North America
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Middle East and Africa
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Dresser-Rand Group Inc. (Siemens), Engie SA, Excelerate Energy. L. P., PJSC Gazprom, General Electric, Honeywell International Inc., IHI Corporation, Linde Aktiengesellschaft, Novatek, Plum Energy LLC, Royal Dutch Shell PLC, Sofregaz, Wärtsilä Oyj Abp, etc.
Key Questions Answered in This Report:
- How has the global small-scale LNG market performed so far and how will it perform in the coming years?
- What are the key regional markets?
- What has been the impact of COVID-19 on the global small-scale LNG market?
- What is the breakup of the market based on the terminal type?
- What is the breakup of the market based on the mode of supply?
- What is the breakup of the market based on the storage tank type?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global small-scale LNG market and who are the key players?
- What is the degree of competition in the industry?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Small-Scale LNG Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Terminal Type
6.1 Liquefaction Terminal
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Regasification Terminal
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by Mode of Supply
7.1 Truck
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Trans-Shipment and Bunkering
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Pipeline and Rail
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Others
7.4.1 Market Trends
7.4.2 Market Forecast
8 Market Breakup by Storage Tank Type
8.1 Pressurized
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Atmospheric Tank
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Floating Storage Unit (FSU)
8.3.1 Market Trends
8.3.2 Market Forecast
9 Market Breakup by Application
9.1 Electrical Power Generation
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Industrial Feedstock
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Transportation
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Others
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Region
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 Price Indicators
15 Competitive Landscape
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Dresser-Rand Group Inc. (Siemens)
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.1.3 Financials
15.3.1.4 SWOT Analysis
15.3.2 Engie SA
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Excelerate Energy. L.P.
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 PJSC Gazprom
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5 General Electric
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6 Honeywell International Inc.
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
15.3.7 IHI Corporation
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.7.3 Financials
15.3.7.4 SWOT Analysis
15.3.8 Linde Aktiengesellschaft
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.8.3 Financials
15.3.9 Novatek
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 Plum Energy LLC
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Royal Dutch Shell PLC
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
15.3.11.3 SWOT Analysis
15.3.12 Sofregaz
15.3.12.1 Company Overview
15.3.12.2 Product Portfolio
15.3.13 Wärtsilä Oyj Abp
15.3.13.1 Company Overview
15.3.13.2 Product Portfolio
15.3.13.3 Financials
15.3.13.4 SWOT Analysis
List of Figures
Figure 1: Global: Small-Scale LNG Market: Major Drivers and Challenges
Figure 2: Global: Small-Scale LNG Market: Sales Value (in Billion US$), 2014-2019
Figure 3: Global: Small-Scale LNG Market: Breakup by Terminal Type (in %), 2019
Figure 4: Global: Small-Scale LNG Market: Breakup by Mode of Supply (in %), 2019
Figure 5: Global: Small-Scale LNG Market: Breakup by Storage Tank Type (in %), 2019
Figure 6: Global: Small-Scale LNG Market: Breakup by Application (in %), 2019
Figure 7: Global: Small-Scale LNG Market: Breakup by Region (in %), 2019
Figure 8: Global: Small-Scale LNG Market Forecast: Sales Value (in Billion US$), 2020-2025
Figure 9: Global: Small-Scale LNG (Liquefaction Terminal) Market: Sales Value (in Million US$), 2014 & 2019
Figure 10: Global: Small-Scale LNG (Liquefaction Terminal) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 11: Global: Small-Scale LNG (Regasification Terminal) Market: Sales Value (in Million US$), 2014 & 2019
Figure 12: Global: Small-Scale LNG (Regasification Terminal) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 13: Global: Small-Scale LNG (Truck) Market: Sales Value (in Million US$), 2014 & 2019
Figure 14: Global: Small-Scale LNG (Truck) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 15: Global: Small-Scale LNG (Trans-Shipment and Bunkering) Market: Sales Value (in Million US$), 2014 & 2019
Figure 16: Global: Small-Scale LNG (Trans-Shipment and Bunkering) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 17: Global: Small-Scale LNG (Pipeline and Rail) Market: Sales Value (in Million US$), 2014 & 2019
Figure 18: Global: Small-Scale LNG (Pipeline and Rail) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 19: Global: Small-Scale LNG (Other Modes of Supply) Market: Sales Value (in Million US$), 2014 & 2019
Figure 20: Global: Small-Scale LNG (Other Modes of Supply) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 21: Global: Small-Scale LNG (Pressurized) Market: Sales Value (in Million US$), 2014 & 2019
Figure 22: Global: Small-Scale LNG (Pressurized) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 23: Global: Small-Scale LNG (Atmospheric Tank) Market: Sales Value (in Million US$), 2014 & 2019
Figure 24: Global: Small-Scale LNG (Atmospheric Tank) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 25: Global: Small-Scale LNG (Floating Storage Unit) Market: Sales Value (in Million US$), 2014 & 2019
Figure 26: Global: Small-Scale LNG (Floating Storage Unit) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 27: Global: Small-Scale LNG (Electrical Power Generation) Market: Sales Value (in Million US$), 2014 & 2019
Figure 28: Global: Small-Scale LNG (Electrical Power Generation) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 29: Global: Small-Scale LNG (Industrial Feedstock) Market: Sales Value (in Million US$), 2014 & 2019
Figure 30: Global: Small-Scale LNG (Industrial Feedstock) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 31: Global: Small-Scale LNG (Transportation) Market: Sales Value (in Million US$), 2014 & 2019
Figure 32: Global: Small-Scale LNG (Transportation) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 33: Global: Small-Scale LNG (Other Applications) Market: Sales Value (in Million US$), 2014 & 2019
Figure 34: Global: Small-Scale LNG (Other Applications) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 35: North America: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 36: North America: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 37: United States: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 38: United States: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 39: Canada: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 40: Canada: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 41: Asia Pacific: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 42: Asia Pacific: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 43: China: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 44: China: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 45: Japan: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 46: Japan: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 47: India: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 48: India: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 49: South Korea: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 50: South Korea: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 51: Australia: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 52: Australia: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 53: Indonesia: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 54: Indonesia: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 55: Others: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 56: Others: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 57: Europe: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 58: Europe: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 59: Germany: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 60: Germany: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 61: France: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 62: France: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 63: United Kingdom: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 64: United Kingdom: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 65: Italy: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 66: Italy: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 67: Spain: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 68: Spain: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 69: Russia: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 70: Russia: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 71: Others: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 72: Others: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 73: Latin America: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 74: Latin America: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 75: Brazil: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 76: Brazil: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 77: Mexico: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 78: Mexico: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 79: Others: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 80: Others: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 81: Middle East and Africa: Small-Scale LNG Market: Sales Value (in Million US$), 2014 & 2019
Figure 82: Middle East and Africa: Small-Scale LNG Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 83: Global: Small-Scale LNG Industry: SWOT Analysis
Figure 84: Global: Small-Scale LNG Industry: Value Chain Analysis
Figure 85: Global: Small-Scale LNG Industry: Porter’s Five Forces Analysis
List of Tables
Table 1: Global: Small-Scale LNG Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Small-Scale LNG Market Forecast: Breakup by Terminal Type (in Million US$), 2020-2025
Table 3: Global: Small-Scale LNG Market Forecast: Breakup by Mode of Supply (in Million US$), 2020-2025
Table 4: Global: Small-Scale LNG Market Forecast: Breakup by Storage Tank Type (in Million US$), 2020-2025
Table 5: Global: Small-Scale LNG Market Forecast: Breakup by Application (in Million US$), 2020-2025
Table 6: Global: Small-Scale LNG Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 7: Global: Small-Scale LNG Market Structure
Table 8: Global: Small-Scale LNG Market: Key Players