Key Insights of Small Scale LNG Market Covering Prime Factors and Competitive Outlook till 2022 | Gazprom, Engie SA, Honeywell, Wartsila Corp

BusinessIndustryReports have new report on “Global Small Scale LNG Market 2018-2022”. The report provides the newest industry data and industry future trends. The industry report lists the leading competitors and provides the insights strategic industry Analysis of the key factors influencing the market.

This Report covers the Major Players data, including: shipment, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors’ better market. This report also covers all the regions and countries of the world, which shows a regional development status, including market size. 

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The liquefied natural gas (LNG) is natural gas in its, liquid form. The gas is cooled at -1600C to convert it into an odorless, colorless liquid, that can be again re-gasified at end use destination. The typical value chain for the LNG includes gas production & transmission, treatment & liquefaction plant, storage, LNG shipping in ballasts, receiving terminals, regasification, and then to end user. The major demand for LNG comes from power plants, fertilizer industry, and transportation fueling, cooking and heating for industrial, commercial & residential sector. In recent scenario, the smaller scale LNG projects have boosted up with increasing demand for LNG and emerging markets as net importers and exporters.

By volume, the industrial and power segment is projected to lead the small-scale LNG market during the forecast period. There are significant opportunities for Island-based LNG to drive the demand in the industrial & power applications, especially in countries such as Indonesia, the Philippines, and Myanmar. Islands in the Mediterranean Sea such as Malta and Sardinia (Italy) are also investing in small-scale LNG infrastructure to serve applications such as industrial & power plants. The key enabler for small-scale LNG in the industrial & power application is the development of a sustainable and efficient logistic network, as most of the small-scale terminals and end users are in remote locations. In 2016, Royal Dutch Shell (Netherlands) and the Government of Gibraltar signed an agreement for the supply of LNG for use in power generation in Gibraltar.

Geographically, the North America small-scale LNG market is projected to grow at the highest CAGR during the forecast period. In North America, most of the small-scale LNG demand in industrial & power applications is met through peak shaving facilities. The peak shaving facilities are used to meet adequate supply of LNG to address the peak demand. In 2015, there were more than 100 peak shaving facilities in the U.S., among which one-half of the peak shaving facilities were located in the Northeast, while a quarter of them were located in the Midwest. Currently, the U.S. has among the highest number of peak shaving plants. However, less than 10% of them are available for any other use due to the current electricity demand. The commissioning of small-scale liquefaction plants can expand the peak shaving capacities in the region.

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Segments and sub-segments of the Global Small Scale LNG Market by:

Key Players:

1 Gazprom (Russia)

2 Engie SA (France)

3 Honeywell International Inc. (U.S.)

4 Wärtsilä Corporation (Finland)

5 The Linde Group (Germany)

6 Skangas AS (Norway)

7 IHI Corporation (Japan) and more.....

Regions:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

Product Types:

1 Liquefaction Terminal

2 Regasification Terminal

Industry Segmentation:

1 Utilities

2 Residential

3 Industrial

4 Commercial

5 Marine

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Table of Content:

1 Small Scale LNG Product Definition

2 Global Small Scale LNG Manufacturer Share and Market Overview

3 Manufacturer Small Scale LNG Business Introduction

4 Global Small Scale LNG Market Segmentation (Region Level)

5 Global Small Scale LNG Market Segmentation (Product Type Level)

6 Global Small Scale LNG Market Segmentation (Industry Level)

7 Global Small Scale LNG Market Segmentation (Channel Level)

8 Small Scale LNG Market Forecast 2018-2022

9 Small Scale LNG Segmentation Product Type

10 Small Scale LNG Segmentation Industry

11 Small Scale LNG Cost of Production Analysis

12 Conclusion

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