Press release
LNG Liquefaction Equipment Market Size, Share, Development by 2023
LNG Liquefaction Equipment consists of a natural gas pretreatment process, a liquefaction process, a storage system, a control system, and a fire protection system. The liquefaction process is its most important component.
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Global LNG Liquefaction Equipment Market: Forecast by Type / Application / Region
LNG Liquefaction Equipment industry has been developing fast due to its high cost performance. The LNG Liquefaction Equipment 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 51.24% of the revenue market. Regionally, Asia Pacific is the biggest revenue area, also the leader in the whole LNG Liquefaction Equipment industry.
Asia Pacific occupied 31.41% of the sales market in 2017. It is followed by South America, Middle East and Africa, which respectively account for around 43.33 of the global total industry. Other countries have a small amount of sales.
According to this study, over the next five years the LNG Liquefaction Equipment market will register a 1.8% CAGR in terms of revenue, the global market size will reach US$ 620 million by 2024, from US$ 570 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in LNG Liquefaction Equipment business, shared in Chapter 3.
Global LNG Liquefaction Equipment Market: Key Players
Air Products and Chemicals
Linde Group
ConocoPhillips Company
Atlas Copco
Ingersoll Rand
General Electric
Kobelco Compressors
Chart Energy and Chemicals
Elliott
MITSUI E&S
MCO
IHI Corporation
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Related Information:
United States LNG Liquefaction Equipment Market Research Report 2018
Europe LNG Liquefaction Equipment Market Research Report 2018
North America LNG Liquefaction Equipment Market Research Report 2018
Asia-Pacific LNG Liquefaction Equipment Market Research Report 2018
China LNG Liquefaction Equipment Market Research Report 2018
EMEA LNG Liquefaction Equipment Market Research Report 2018
Global LNG Liquefaction Equipment Market Research Report 2018
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