About Liquefied Natural Gas (LNG)

Natural gas normally accompanies crude oil in oil and gas reservoirs. Earlier, there was no way of tapping the natural gas stream that was produced during crude oil extraction (onshore or offshore). Any such gas was flared off. However, with the advent of advanced technologies and commercialization of natural gas, it started getting stored and supplied to gas stations. One issue faced by the oil and gas industry was the transportation of gas. Eventually, liquefaction of gas became the norm of the industry to reduce its volume and transport it efficiently. Conversion of natural gas from gaseous to liquid form by decreasing its temperature is known as liquefied natural gas (LNG).

Technavio’s analysts forecast the global small-scale liquefaction industry to grow at a CAGR of 7.48% during the period 2016-2020.

Covered in this Report
The report covers the present scenario and the growth prospects of the global small-scale liquefaction industry for 2016-2020. The report discusses market segmentation based on end-user segment (roadways, bunkering, power and others) and geography (APAC, the Americas, and EMEA).

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Technavio’s report, Global Small-Scale Liquefaction Industry 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

  • Black & Veatch
  • GE
  • Linde
  • Royal Dutch Shell (Shell)
  • Siemens

Other Prominent Vendors

  • Chart Industries
  • Cryostar
  • GTI
  • W?rtsil?

Market Driver

  • Stringent maritime emission regulations propelling SSLNG growth
  • For a full, detailed list, view our report

Market Challenge

  • Perceived high switch over costs hampering swift market penetration of SSLNG
  • For a full, detailed list, view our report

Market Trend

  • On and off competition for SSLNG from oil prices
  • For a full, detailed list, view our report

Key Questions Answered in this Report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.