Global Liquefied Natural Gas (LNG) Infrastructure Market Projected to Surpass $128.22 Billion by 2029 with 14.5% Annual Growth

What Are the Market Size and Growth Forecast for the Liquefied Natural Gas (LNG) Infrastructure Market?
The liquefied natural gas (LNG) infrastructure market will grow from $64.85 billion in 2024 to $74.52 billion in 2025, at a CAGR of 14.9%. Growth is driven by increasing global demand for natural gas, technological advancements, regulatory support, and geopolitical factors.

The liquefied natural gas (LNG) infrastructure market is expected to grow to $128.22 billion by 2029, driven by increased LNG bunkering, expansion of small-scale LNG applications, and development of floating LNG facilities. Trends include integration with renewable energy and digital technologies.

What Is Contributing to the Growth of the Liquefied Natural Gas (LNG) Infrastructure Market?
The growing demand for electricity generation is expected to drive the growth of the liquefied natural gas (LNG) infrastructure market. The demand for electricity is increasing due to the growing use of electronic devices, electric heating systems, and air conditioning. Liquefied natural gas (LNG) infrastructure enables more flexible natural gas trading, making it an attractive energy source compared to others. For instance, in July 2024, the OECD reported a 2.6% increase in total net electricity production, reaching 996.1 TWh. This rising demand for electricity is driving the growth of the LNG infrastructure market.

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Which Key Market Leaders Are Driving Liquefied Natural Gas (LNG) Infrastructure Industry Growth?
Major companies operating in the liquefied natural gas (LNG) infrastructure market are Chevron Corporation, China Harbour Engineering Company, Petronas Ltd., Vinci SA, Cheniere Energy Inc., Linde plc, Samsung C&T Corporation, Mitsubishi Heavy Industries (MHI), Bechtel Corporation, INPEX Corporation, Woodside, Novatek, Gazprom International Limited, Rosneft, Fluor Corporation, Anadarko Petroleum Corporation, Saipem S.p.A., John Wood Group PLC, Technip Energies, TechnipFMC, KBR Inc., Black & Veatch, Chiyoda Corporation, JGC Holdings Corporation, Petrofac Limited, Royal HaskoningDHV, Worley India Pvt. Ltd., National Iranian Oil Company, McDermott International, SENER

What Are the Major Trends Shaping the Liquefied Natural Gas (LNG) Infrastructure Market?
Major companies in the liquefied natural gas (LNG) infrastructure market are focusing on developing and investing in new LNG projects, such as the Port Arthur LNG project, to support the growth of the natural gas industry. The Port Arthur LNG project is a significant infrastructure development aimed at expanding LNG operations, generating employment, boosting economic growth, and contributing to U.S. energy security. For instance, in March 2023, Sempra, a US-based energy infrastructure company, launched the Port Arthur LNG project, a next-generation liquefaction facility. This facility is expected to deliver abundant, clean, reliable, and affordable U.S. natural gas to global markets. The project includes two natural gas liquefaction trains, LNG storage tanks, and associated facilities capable of producing approximately 13.5 Mtpa of LNG, enabling the export of about 11 Mtpa of LNG on a long-term basis. Additionally, the project incorporates design changes aimed at reducing emissions, including electric drives, renewable power sourcing, and other technological solutions.

What Are the Main Segments in the Liquefied Natural Gas (LNG) Infrastructure Market?
The liquefied natural gas (LNG) infrastructure market covered in this report is segmented -

1) By Type: Production Infrastructure, Transportation Infrastructure, Regasification Infrastructure, Distribution Infrastructure, Storage Facilities, Other Types
2) By Production: Liquefaction Plants, Natural Gas Processing Facilities, LNG Storage Tanks, Others
3) By Distribution: Pipeline Networks, Virtual Pipeline Solutions
4) By End User Industry: Heavy-Duty Vehicles, Electric Power Generation, Marine Transport

Subsegments:
1) By Production Infrastructure: Liquefaction Plants, Modular LNG Plants, Floating LNG (FLNG) Units
2) By Transportation Infrastructure: LNG Carriers, LNG Bunkering Vessels, LNG Trucks, LNG Railcars, Pipelines for LNG Transport
3) By Regasification Infrastructure: Onshore Regasification Terminals, Floating Storage Regasification Units (FSRUs), Regasification Plants, Regasification Systems
4) By Distribution Infrastructure: LNG Distribution Stations, LNG Delivery Trucks, LNG Depots, Distribution Networks (Pipeline Or Other Delivery Systems)
5) By Storage Facilities: LNG Storage Tanks (Onshore), Offshore Storage Facilities, Floating Storage Units (FSUs), Underground LNG Storage
6) By Other Types: Small-scale LNG Infrastructure, Integrated LNG Solutions, LNG Supply Chain Optimization Technology, LNG Fuels For Transportation And Industry

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Which Geographic Area Leads the Liquefied Natural Gas (LNG) Infrastructure Market?
Asia-Pacific was the largest region in the liquefied natural gas (LNG) infrastructure market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the liquefied natural gas (LNG) infrastructure market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Liquefied Natural Gas (LNG) Infrastructure Global Market Report?

- Market Size Analysis: Analyze the Liquefied Natural Gas (LNG) Infrastructure Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Liquefied Natural Gas (LNG) Infrastructure Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Liquefied Natural Gas (LNG) Infrastructure Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Liquefied Natural Gas (LNG) Infrastructure Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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