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).
Scope of the Report:This report focuses on the Small-Scale Liquefaction in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The roadways market segment accounted for about 70% of the total market shares and dominated the industry. Roadways account for approximately one-fifth of the GHG emissions which have induced governments to promote the use of natural gas. Several countries have started adopting the usage of SSLNG as a replacement for diesel as the preferred fuel for long-haul trucks due to its low GHG emissions. Countries such as China and the US have already started adopting the usage of natural gas for automobiles on a large scale and the next few years will see a number of countries following this trend which will drive the growth of the market in this segment.
Americas will dominate the small-scale liquefaction industry throughout the forecast period and will also account for about 70% of the total shares of the market by 2023. North America accounts for the majority of the revenue shares in this region wherein, backed by the government, the US is the major revenue contributor. Vendors in the US have also formed associations to spread awareness regarding the industry. Much of this regionÍs growth comes from the transportation sector that includes both the roadways and maritime.
The worldwide market for Small-Scale Liquefaction is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017, according to a new study.
Market Segment by Manufacturers, this report covers Black & Veatch
GE
Linde
Shell
Siemens
Chart Industries
Cryostar
GTI
Wartsila
Market Segment by Regions, regional analysis covers North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers Direct Liquefaction
Indirect Liquefaction
Market Segment by Applications, can be divided into Roadways
Bunkering
Power Industry
Other
There are 15 Chapters to deeply display the global Small-Scale Liquefaction market.
Chapter 1, to describe Small-Scale Liquefaction Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Small-Scale Liquefaction, with sales, revenue, and price of Small-Scale Liquefaction, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Small-Scale Liquefaction, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Small-Scale Liquefaction market forecast, by regions, type and application, with sales and revenue, from 2020 to 2025;
Chapter 13, 14 and 15, to describe Small-Scale Liquefaction sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source
Frequently Asked Questions
The base year for the study has been considered 2019, historic year 2014 and 2018, the forecast period considered is from 2020 to 2027. The regions analyzed for the market include North America, Europe, South America, Asia Pacific, and Middle East and Africa. These regions are further analyzed at the country-level. The study also includes attractiveness analysis of type, application and regions which are benchmarked based on their market size, growth rate and attractiveness in terms of present and future opportunity for understanding the future growth of the market.
Market is segmented on the basis:
- By Type
- By Application
- By Region
- By Country
- By Manufacturer
The report offers in-depth analysis of driving factors, opportunities, restraints, and challenges for gaining the key insight of the market. The report emphasizes on all the key trends that play a vital role in the enlargement of the market from 2019 to 2026.
The report provides company profile of the key players operating in the market and a comparative analysis based on their business overviews industry offering, segment market share, regional presence, business strategies, innovations, mergers & acquisitions, recent developments, joint venture, collaborations, partnerships, SWOT analysis, and key financial information.