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Small-Scale LNG Market Share Are Expanding In Oil and Gas Industry With Health Growth Rate By 2025 With Dominating Players Like Chart, The Linde, Siemens,GE Oil & Gas, Wartsila, Black & Veatch

07-12-2018 03:24 PM CET | Energy & Environment

Press release from: Data Bridge Market Research

Global Small-Scale LNG Market

Global Small-Scale LNG Market

The Small-Scale LNG Market report contains data for historic years 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024. The global small-scale LNG market is consolidated with the presence of a limited number of players.

The Global Small-Scale LNG Market accounted for USD 265.25 million tons per annum in 2016 and is projected to grow at a CAGR of 3.0% during the forecast period of 2017 to 2024. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

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Some of the major players in small-scale LNG market include Chart Industries Inc., The Linde AG, Air Products & Chemicals Inc., Siemens AG, General Electric (GE Oil & Gas), Wartsila, Black & Veatch, ConocoPhillips, Plum Energy LLC, BP P.L.C., Royal Dutch Shell plc, Kunlun Energy Ltd, Skangass, Total S.A., China National Offshore Oil Corporation, Engie SA, Gazprom, Eni SpA, Pertamina, Statoil ASA and many more.

Market Definition: Global Small-Scale LNG Market

The small scale LNG market is specially targeted in the places where there is less production of LNG and does not require large LNG liquefaction plants. Growing demand for small scale LNG in heavy-duty vehicles, marine transport and industrial & power activities is expected to be one of the major drivers of the market over the next seven years.

Major Market Drivers:

Energy cost advantage of LNG over alternate energy sources
Environmental benefits
Fiscal regime and subsidies by governments

Market Restraint:

High initial cost for LNG terminals
Lack of pipeline Infrastructure in Asia-Pacific
 

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Market Segmentation: Global Small-Scale LNG Market

The small-scale LNG market is segmented on the basis of type into liquefaction terminal and regasification terminal.

On the basis of application, the market is segmented into heavy-duty vehicles, marine transport and industrial & power.

On the basis of geography, the small-scale LNG market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others.

Research Methodology: Global Small-Scale LNG Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your inquiry.

The key research methodology used by DBMR Research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Full Report Description Or Requesting TOC, Visit:  https://databridgemarketresearch.com/reports/global-small-scale-lng-market/

About Us

Data Bridge set forth itself as an unconventional and neoteric Market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market. Data Bridge endeavors to provide appropriate solutions to the complex business challenges and initiates an effortless decision-making process.

Data Bridge adepts in creating satisfied clients who reckon upon our services and rely on our hard work with certitude. Get Customization and Discount on Report by emailing sopan.gedam@databridgemarketresearch.com . We are content with our glorious 99.9 % client satisfying rate.

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Data Bridge Market Research
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