United States Small Scale LNG Market 2025: Industry Developments, Future Growth, Share & Industry Insights | The Linde Group, Wartsila Oyj Abp, Baker Hughes Company, Honeywell International

Global Small Scale LNG Market size was worth US$ 46.25 billion in 2023 and is estimated to reach US$ 120.61 billion by 2031, growing at a CAGR of 13.77% during the forecast period 2024-2031.

According to DataM Intelligence Comprehensive Report has released its latest report on the "Small Scale LNG Market Size 2025," providing a detailed analysis of market trends, key growth drivers, competitive landscape, and regional insights. The report includes market size (value and volume), CAGR projections, and emerging opportunities that help businesses identify growth areas and build effective strategies. Backed by data-driven insights and future outlook, this study serves as a valuable resource for companies looking to stay competitive and capitalize on market potential.

Get a Free Sample Research PDF: https://datamintelligence.com/download-sample/small-scale-lng-market?sg

Industry Latest News 2025:

✅ 2025-07-07 - USA: United Energy LNG and Power LNG announce a strategic merger to create a scalable small-scale LNG platform serving industrial, power and transport markets.

✅ 2025-05-19 - USA: Galveston LNG Bunker Port (GLBP) secures permits to build the first dedicated Gulf-Coast small-scale LNG bunkering facility (Texas City Ship Channel).

✅ 2025-07-22 - USA: Galveston LNG Bunker Port signs an LOI with Loa Carbon to supply e-LNG (renewable e-methane) for liquefaction, advancing low-carbon small-scale fuel options.

✅ 2025-09-18 - Japan: Nippon Yusen (NYK) announces plans to expand its LNG fleet (major build-out through 2029) to meet rising LNG demand.

✅ 2025-07-17 - Japan: KEYS Bunkering West Japan completes the first ship-to-ship small-scale LNG bunkering for a cruise ship (Hakata / Asuka III), demonstrating operational SSLNG activity.

✅ 2025-11-07 - Japan: Government/industry sources report Japan will buy at least one LNG cargo per month from January 2026 to beef up Strategic Buffer LNG emergency reserves (policy shift to monthly purchases).

✅ 2025-09-18 - Korea: POSCO International and Korea Southern Power (KOSPO) sign an MoU to develop domestic LNG bunkering services, aiming to enable local refuelling of LNG-fuelled vessels from 2027.

✅ 2025-10-01 - Korea: POSCO announces plans to complete a bunkering pier at Gwangyang Terminal 2 and to launch domestic LNG bunkering services (targeting 2027).

✅ 2025-10-07 - Europe: Molgas Energy Group completes full acquisition of Titan Energy Holding (Titan Clean Fuels), consolidating truck-to-ship and small-scale bunkering operations across Norway and continental Europe.

✅ 2025-10-06 / 2025-10-29 - Europe (Italy): OLT Offshore LNG Toscana launches its new Small-Scale LNG (SSLNG) service and opens first auctions for 12 monthly SSLNG slots (7,500 m3 each) - auctions held end-October for loading from FSRU Toscana.

✅ 2025-11-03 - Europe (Italy): OLT Offshore LNG Toscana announces allocation of the first small-scale SSLNG slots (complete allocation of the auctioned product covering Nov-2025 to Nov-2026).

Get Customization in the report as per your requirements: https://datamintelligence.com/customize/small-scale-lng-market?sg

Market Geographical Share

Asia-Pacific: Asia-Pacific holds the largest share of the small-scale LNG market, primarily driven by the rising energy demand in China, India, Japan, and South Korea. These nations are adopting LNG as a cleaner fuel alternative to coal and oil, supported by government policies promoting energy transition. Increasing investments in small-scale regasification terminals and LNG-powered transport fleets are propelling regional growth.

North America: The United States and Canada are key contributors, driven by abundant natural gas production and the rising use of LNG in off-grid industrial and transportation sectors. Small-scale liquefaction plants are increasingly being developed to serve domestic markets and nearby export destinations in the Caribbean and Central America.

Market Growth Drivers:

✅ Rising Demand for Cleaner Fuels:
Increasing global awareness of carbon emissions and air pollution is pushing industries and transport sectors toward LNG, a cleaner-burning alternative to diesel and heavy fuel oil.

✅ Growth in Remote and Off-Grid Energy Demand:
Small-scale LNG systems enable efficient energy supply to isolated regions, islands, and industrial sites without pipeline connectivity.

✅ Expansion of LNG-Fueled Transportation:
The use of LNG in marine, road, and rail transport is rapidly growing, supported by stricter IMO and regional emission norms.

✅ Cost-Effective and Flexible Infrastructure:
Compared to traditional large-scale LNG plants, small-scale LNG projects require lower capital investment and can be scaled up easily, making them attractive for emerging markets.

✅ Government Incentives and Energy Transition Policies:
National energy policies promoting gas-based energy systems and reduced carbon footprints are boosting small-scale LNG adoption worldwide.

✅ Technological Advancements in Liquefaction and Storage:
Improvements in modular liquefaction units, cryogenic storage, and transport technologies are reducing operating costs and enhancing LNG supply chain efficiency.

Segments Covered in the Beverage Premix Market:

By Type (Liquefaction, Regasification)

By Application (Heavy Duty Vehicles, Transport, Industrial & Power, Others)

By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa)

Regional Analysis for Beverage Premix Market:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

Buy Now & Get 30% OFF - Grab 50% OFF on 2+ reports: https://www.datamintelligence.com/buy-now-page?report=small-scale-lng-market?sg

Major Key Players: The Linde Group, Wartsila Oyj Abp, Baker Hughes Company, Honeywell International Inc., Chart Industries Inc., Black & Veatch Corp, Anthony Veder Group NV, Royal Dutch Shell PLC, Engie SA​ and Eni SpA.

✅ The Linde Group - Linde supplies compact OPTI-LNG skidded liquefaction plants (typical 8-33 MTPD) and reported strong "small on-site" wins in 2024, positioning it as a leading supplier of modular small-scale liquefaction solutions.

✅ Wärtsilä Oyj Abp - Wärtsilä delivers mid- and small-scale terminal systems and LNG small-scale/bunker vessel solutions (modular, truckable modules), making it a major engineering/provider for localized LNG distribution and marine bunkering.

✅ Baker Hughes Company - Baker Hughes supplies turbomachinery used in dozens of LNG plants (supporting hundreds of MTPA) and has moved to strengthen its LNG equipment position via the 2025 announcement to acquire Chart Industries, boosting its small-scale equipment & supply capabilities.

✅ Honeywell International Inc. - Honeywell offers scalable small-scale liquefaction processes (AP-N / AP-C1, 60-800+ TPD ranges) and markets high reliability, making it a leading licensor/systems provider for modular and peak-shaving small-scale plants.

✅ Chart Industries, Inc. - Chart is a key specialist for small-scale LNG equipment (liquefaction, storage, regasification "Drop & Go/DAGR") and a core manufacturing supplier across the SSLNG value chain (now subject to Baker Hughes' acquisition activity).

✅ Black & Veatch Corp - Black & Veatch delivers modular PRICO®-based small-scale liquefaction and truckable/regasification projects (10-40 MMSCFD range) and is active as a global EPC and integrator for SSLNG deployments.

✅ Anthony Veder Group NV - Anthony Veder operates a specialized small-scale LNG shipping and bunkering fleet and has expanded operational/sustainability measures for its LNG vessels, serving niche distribution and bunkering routes.

✅ Royal Dutch Shell PLC - Shell is a major LNG player with supply, regasification and small-scale/bunkering activity worldwide (LNG projects in ~10 countries) and publishes LNG outlooks that include growth in small-scale and bunkering segments.

Unlimited Insights. One Subscription: https://www.datamintelligence.com/reports-subscription

Contact Us -
Company Name: DataM Intelligence
Contact Person: Sai Kiran
Email: Sai.k@datamintelligence.com
Phone: +1 877 441 4866
Website: https://www.datamintelligence.com

About Us -
DataM Intelligence is a Market Research and Consulting firm that provides end-to-end business solutions to organizations from Research to Consulting. We, at DataM Intelligence, leverage our top trademark trends, insights and developments to emancipate swift and astute solutions to clients like you. We encompass a multitude of syndicate reports and customized reports with a robust methodology.
Our research database features countless statistics and in-depth analyses across a wide range of 6300+ reports in 40+ domains creating business solutions for more than 200+ companies across 50+ countries; catering to the key business research needs that influence the growth trajectory of our vast clientele.

This release was published on openPR.