A latest report has been added to the wide database of LNG Carrier Market by Infinium Global Research. This report studies the LNG Carrier Market by Technology (Moss Type, Prism Type, and Membrane Type) market status and outlook of global and major regions, from manufacturers, and end industries. The objective of the study is to identify market sizes of different segments & countries in recent years and to forecast the values for the next six years. LNG Carrier Market provides opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape, latest trends, and product offerings of the major companies in the LNG Carrier Market.
Declining prices of natural gas means we could witness a three way battle between coal, crude and natural gas over becoming the choice of primary fuel. Although, not as cheap as coal and crude oil, the natural gas is a clean fuel and fits the global consensus of reducing the global carbon footprint. According to Exxon Mobil, the demand for natural gas which is essentially methane is expected to double by 2040, that is, more than for any other kind of fuel. Moreover, EIA forecasts that natural gas is likely to become a vital cog of future primary energy demand and is expected to account for nearly 29% of total primary energy consumed in the U.S. The surge in demand for natural gas is likely to have favorable impact on the midstream segment of oil and gas industry as the produced gas would be required to be shipped from production areas to the demand centers across the world. Gas carrier or what we call LNG vessels are of the prime choice while dealing with outbound gas transportation across oceans, and can (demand) experience strong tailwinds.
A huge wave of upcoming LNG projects across Oceania and North America will certainly augment the demand for LNG carrier. Shale gas boom in the U.S. has completely upturned the natural gas supply scenario. The U.S. which used to be one of the largest buyers of super chilled fuel is now converting its re-gasification terminals into the exporting (Liquefaction) terminals. Four LNG export terminals namely Corpus Christi, Cameron LNG Terminal, Cove Point and Freeport with combined capacity of more than 6 Bcf/d are under construction and are expected to be online before 2021. Once completed, these projects will certainly boost the demand for LNG carrier. Similarly several LNG projects are expected to come online before 2020 in Australia, that will make country one of the largest LNG producer across the globe. It is to be noted that there is a direct and a close linkage between the demand for natural gas and LNG carrier. Thus any factor enhancing demand or production of natural gas is bound to augment the demand for gas carrier as well.
Segmentation of the LNG carrier market can be done on the basis of capacity added per type of technology and geography. Prismatic Design, Moss Type and Membrane type are the major type of vessels used to transport LNG. Majority of the LNG Vessels are in between 4,400,000 to 4,800,000 cu ft. in capacity and contains facilities to maintain cryogenic temperatures for storage of natural gas.
In this report the LNG carrier market is segmented by technology and further segmented by volume and revenue. By technology segmentation by volume and revenue covers moss type, prism type and membrane type.
Table of Contents:-
1.1. Report description
1.2. Research methods
1.3. Research approaches
2. Executive summary
3. Global LNG Carrier Market Overview
3.2. Market dynamics
3.3. Porter’s five forces analysis
3.4. Infinium Global Research-Growth matrix analysis
3.5. Competitive landscape in the LNG Carriers market
4. Global LNG Carriers Market Analysis –Technology, by Volume and Revenue, 2017 – 2023 (Cubic Feet) (USD Million)
4.1. Moss Type
4.2. Prism Type
4.3. Membrane Type
5. Global LNG Carriers Market Analysis, Regional Analysis by Volume and Revenue, 2017 – 2023 (Cubic Feet) (USD Million)
5.1. North America
5.1.1. North America LNG Carriers Market by Technology Type (Cubic Feet) (USD Million)
5.1.2. North America LNG Carriers Market by Country (Cubic Feet) (USD Million)
5.2.1. Europe LNG Carriers market by Technology Type (Cubic Feet) (USD Million)
5.2.2. Europe LNG Carriers market by Country (Cubic Feet) (USD Million)
5.3. Asia Pacific
5.3.1. Asia Pacific LNG Carriers Market by Technology Type (Cubic Feet) (USD Million)
5.3.2. Asia Pacific LNG Carriers Market by Country (Cubic Feet) (USD Million)
5.4. Rest of the World (RoW)
5.4.1. RoW LNG Carriers Market by Technology Type (Cubic Feet) (USD Million)
5.4.2. RoW LNG Carriers Market by Sub-region (Cubic Feet) (USD Million)
6. Company profiles
6.1. Daewoo Shipbuilding and Marine Engineering (DSME)
6.2. Samsung Heavy Industries
6.3. STX Offshore & Shipbuilding Co., Ltd.
6.4. Hyundai Heavy Industries Co.
6.5. Mitsubishi Heavy Industries
6.6. Mitsui O.S.K. Lines, Ltd. (MOL)
6.7. China State Shipbuilding Corporation
6.8. Kawasaki Heavy Industries
6.9. GasLog Ltd
6.10. Dynagas LTD
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