North America LNG Bunkering Market Shares SWOT Analysis, Key Development Strategies and Forecasts Till 2026

The "North America LNG Bunkering" Market report offers qualitative and quantitative insights and a detailed analysis of market size & growth rate for all possible segments in the market. The North America LNG Bunkering Industry presents a market overview, product details, classification, and market concentration. The report also provides an in-depth survey of key players in the market which is based on various competitive intelligence parameters like company profiles, product picture and specification, capacity, production, price, cost, revenue, and contact information. The North America LNG Bunkering Market report provides an in-depth study of SWOT analysis i.e. Strength, Weakness, Opportunities, and Threat to the organization.

The North America LNG bunkering market is expected to grow at a CAGR of approximately 27.74% during the forecast period.

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Top Companies in the North America LNG Bunkering Market: Royal Dutch Shell PLC, Gasum AS, Harvey Gulf International Marine LLC, Nauticor GmbH & Co. KG, Engie SA, Total SA, Naturgy Energy Group SA, MAN Energy Solutions, Gaztransport & Technigaz SA and others.

Key Market Trends:

United States to Dominate the Market

- The United States accounted for the majority of the LNG bunkering market, on account of increase in the LNG demand to reduce carbon footprint in the shipping industry. Bunker fuel is primarily used by vessels, such as bulk and general cargo vessels, tankers, container ships, offshore support vessels, and ferries in the country.
- In 2016, the International Maritime Organization (IMO) decreased the permissible sulfur content in marine fuels to 0.5% from a previous 3.5%, to curb greenhouse gas emissions. The date of implementation was announced as January 1, 2020. Owing to the above-mentioned factors, the US LNG bunkering market is expected to witness growth in the coming years, as LNG is likely to be an economic alternative for marine fuel after IMO’s regulation.
- Currently, in the United States, LNG bunkering takes place in Jacksonville, Florida, and Port Fourchon, Los Angeles, with a third facility under development in Tacoma, WA. Bunkering of LNG-fueled cruise ships using barges is planned for Port Canaveral, Florida.
- If LNG producers in the United States can supply a significant share of this market, owing to low LNG production costs, compared to other countries, LNG bunkering could increase the demand for US natural gas production, transportation, and liquefaction. Furthermore, increasing demand can also provide an opportunity for the increase in domestically constructed LNG bunkering barges.

Influence of the North America LNG Bunkering Market Report:

-Comprehensive assessment of all opportunities and risk in the North America LNG Bunkering market.

-North America LNG Bunkering market recent innovations and major events.

-Detailed study of business strategies for growth of the North America LNG Bunkering market-leading players.

-Conclusive study about the growth plot of North America LNG Bunkering market for forthcoming years.

-In-depth understanding of North America LNG Bunkering market-particular drivers, constraints and major micro markets.

-Favourable impression inside vital technological and market latest trends striking the North America LNG Bunkering market.

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Table Of Content

Chapter 1 Study Coverage

Chapter 2 Executive Summary

Chapter 3 North America LNG Bunkering Market Competitor Landscape by Players

Chapter 4 North America LNG Bunkering Market Size by Type and Application

Chapter 5 Global and Regional Analysis

Chapter 6 Company Profiles

Chapter 7 Market Opportunities, Challenges, Risks and Influences Factors Analysis

Chapter 8 Value Chain and Sales Channels Analysis

Chapter 9 Research Findings and Conclusion

Chapter 10 Methodology/Research Approach

Finally, the North America LNG Bunkering Market report is the believable source for gaining the market research that will exponentially accelerate your business. The report gives the principal locale, economic situations with the item value, benefit, limit, generation, supply, request and market development rate and figure, and so on. North America LNG Bunkering industry report additionally Presents a new task SWOT examination, speculation attainability investigation, and venture return investigation.

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