Global floating LNG power vessel market anticipated to reach USD 1,041 million by 2025, at a CAGR of 1.61% between 2019 and 2025. A floating LNG power vessel is appropriate for distant areas that have minor electrical requirements, such as small islands, and thereby help in resolving the issue of power crisis.
The report covers a forecast and an analysis of the floating LNG power vessel market on a global and regional level. The study provides historical information from 2016 to 2018 along with a forecast from 2019 to 2025 based on revenue (USD Million). The study covers the key drivers and restraints of the floating LNG power vessel market and the market impact within the forecast period. Furthermore, the study also includes the opportunities accessible within the floating LNG power vessel market on a global level.
In order to offer the users of this report a comprehensive read of the floating LNG power vessel market, we have enclosed a detailed value chain analysis. To know the competitive landscape within the market, an analysis of Porter’s Five Forces model for the floating LNG power vessel market has additionally been enclosed. The study includes a market attractiveness analysis, wherein all the segments are benchmarked supported their market size, growth rate, and general attractiveness.
The study also includes the market share of the key participant’s operating in the floating LNG power vessel market across the globe. Besides, the report covered the strategic development together with acquisitions & mergers, agreements, partnerships, collaborations, and joint ventures, and regional growth of key players within the market on a regional basis.
The study provides a crucial view of the floating LNG power vessel market by segmenting it based on component, power output, vessel type, and region. All the segments have been analyzed based on present and future trends and the market is estimated from 2019 to 2025. The regional classification includes Europe, North America, Latin America, Asia Pacific, and the Middle East and Africa.
Some major players of the global floating LNG power vessel market are Siemens, Wärtsilä Corporation, MAN Diesel & Turbo, Caterpillar, General Electric, Waller Marine, Benchmarking, Power Barge Corporation, Karpowership, Chiyoda Corporation, Modec, Samsung Heavy Industries, Wison Group, Hyundai Heavy Industries, Sevan Marine Asa, Mitsui O.S.K. Lines, IHI Corporation, and Mitsubishi Heavy Industries.
This report segments the global floating LNG power vessel market into:
Global Floating LNG Power Vessel Market: Component Analysis
Global Floating LNG Power Vessel Market: Power Output Analysis
Global Floating LNG Power Vessel Market: Vessel Type Analysis
Global Floating LNG Power Vessel Market: Regional Analysis
List of Figures
1. Global Floating LNG Power Vessel Market Segmentation by Component, Power Output, Vessel Type, and Region
2. Global Floating LNG Power Vessel Market, 2016–2025 (USD Million)
3. Value Chain Analysis
4. Porter’s Five Forces Analysis
5. Market Attractiveness Analysis by Component
6. Market Attractiveness Analysis by Power Output
7. Market Attractiveness Analysis by Vessel Type
8. Market Attractiveness Analysis by Region
9. Global Floating LNG Power Vessel Market: Company Market Share, 2018
10. GlobalFloating LNG Power Vessel Market Share, by Component, 2018 and 2025
11. Global Floating LNG Power Vessel Market Share, by Power Generation System, 2016–2025 (USD Million)
12. Global Floating LNG Power Vessel Market Share, by Power Distribution System, 2016–2025 (USD Million)
13. GlobalFloating LNG Power Vessel Market Share, by Power Output, 2018 and2025
14. Global Floating LNG Power Vessel Market Share, by Up to 72 MW, 2016–2025 (USD Million)
15. Global Floating LNG Power Vessel Market Share, by Between 72 MW and 400 MW, 2016–2025 (USD Million)
16. Global Floating LNG Power Vessel Market Share, by Above 400 MW, 2016–2025(USD Million)
17. Global Floating LNG Power Vessel Market Share, by Vessel Type, 2018 and 2025
18. Global Floating LNG Power Vessel Market by Power Barge, 2016–2025 (USD Million)
19. Global Floating LNG Power Vessel Market by Power Ship, 2016–2025 (USD Million)
20. Global Floating LNG Power Vessel Market Share, by Region, 2018 and 2025
21. North America Floating LNG Power Vessel Market, 2016–2025 (USD Million)
22. Europe Floating LNG Power Vessel Market, 2016–2025 (USD Million)
23. Asia Pacific Floating LNG Power Vessel Market, 2016–2025 (USD Million)
24. Latin America Floating LNG Power Vessel Market, 2016–2025 (USD Million)
25. The Middle East and Africa Floating LNG Power Vessel Market, 2016–2025 (USD Million)
List of Tables
1. Global Floating LNG Power Vessel Market Snapshot
2. Drivers for Floating LNG Power Vessel Market: Impact Analysis
3. Restraints of Floating LNG Power Vessel Market: Impact Analysis
4. North America Floating LNG Power Vessel Market Revenue, by Component, 2016–2025 (USD Million)
5. North America Floating LNG Power Vessel Market Revenue, by Power Output, 2016–2025 (USD Million)
6. North America Floating LNG Power Vessel Market Revenue, by Vessel Type, 2016–2025 (USD Million)
7. The U.S. Floating LNG Power Vessel Market Revenue, by Component, 2016–2025 (USD Million)
8. The U.S. Floating LNG Power Vessel Market Revenue, by Power Output, 2016–2025 (USD Million)
9. The U.S. Floating LNG Power Vessel Market Revenue, by Vessel Type, 2016–2025 (USD Million)
10. Rest of North America Floating LNG Power Vessel Market Revenue, by Component, 2016–2025 (USD Million)
11. Rest of North America Floating LNG Power Vessel Market Revenue, by Power Output, 2016–2025 (USD Million)
12. Rest of North America Floating LNG Power Vessel Market Revenue, by Vessel Type, 2016–2025 (USD Million)
13. Europe Floating LNG Power Vessel Market Revenue, by Component, 2016–2025 (USD Million)
14. Europe Floating LNG Power Vessel Market Revenue, by Power Output, 2016–2025 (USD Million)
15. Europe Floating LNG Power Vessel Market Revenue, by Vessel Type, 2016–2025 (USD Million)
16. UK Floating LNG Power Vessel Market Revenue, by Component, 2016–2025 (USD Million)
17. UK Floating LNG Power Vessel Market Revenue, by Power Output, 2016–2025 (USD Million)
18. UK Floating LNG Power Vessel Market Revenue, by Vessel Type, 2016–2025 (USD Million)
19. France Floating LNG Power Vessel Market Revenue, by Component, 2016–2025 (USD Million)
20. France Floating LNG Power Vessel Market Revenue, by Power Output, 2016–2025 (USD Million)
21. France Floating LNG Power Vessel Market Revenue, by Vessel Type, 2016–2025 (USD Million)
22. Germany Floating LNG Power Vessel Market Revenue, by Component, 2016–2025 (USD Million)
23. Germany Floating LNG Power Vessel Market Revenue, by Power Output, 2016–2025 (USD Million)
24. Germany Floating LNG Power Vessel Market Revenue, by Vessel Type, 2016–2025 (USD Million)
25. Rest of Europe Floating LNG Power Vessel Market Revenue, by Component, 2016–2025 (USD Million)
26. Rest of Europe Floating LNG Power Vessel Market Revenue, by Power Output, 2016–2025 (USD Million)
27. Rest of Europe Floating LNG Power Vessel Market Revenue, by Vessel Type, 2016–2025 (USD Million)
28. Asia Pacific Floating LNG Power Vessel Market Revenue, by Component, 2016–2025 (USD Million)
29. Asia Pacific Floating LNG Power Vessel Market Revenue, by Power Output, 2016–2025 (USD Million)
30. Asia Pacific Floating LNG Power Vessel Market Revenue, by Vessel Type, 2016–2025 (USD Million)
31. China Floating LNG Power Vessel Market Revenue, by Component, 2016–2025 (USD Million)
32. China Floating LNG Power Vessel Market Revenue, by Power Output, 2016–2025 (USD Million)
33. China Floating LNG Power Vessel Market Revenue, by Vessel Type, 2016–2025 (USD Million)
34. Japan Floating LNG Power Vessel Market Revenue, by Component, 2016–2025 (USD Million)
35. Japan Floating LNG Power Vessel Market Revenue, by Power Output, 2016–2025 (USD Million)
36. Japan Floating LNG Power Vessel Market Revenue, by Vessel Type, 2016–2025 (USD Million)
37. India Floating LNG Power Vessel Market Revenue, by Component, 2016–2025 (USD Million)
38. India Floating LNG Power Vessel Market Revenue, by Power Output, 2016–2025 (USD Million)
39. India Floating LNG Power Vessel Market Revenue, by Vessel Type, 2016–2025 (USD Million)
40. Rest of Asia Pacific Floating LNG Power Vessel Market Revenue, by Component, 2016–2025 (USD Million)
41. Rest of Asia Pacific Floating LNG Power Vessel Market Revenue, by Power Output, 2016–2025 (USD Million)
42. Rest of Asia Pacific Floating LNG Power Vessel Market Revenue, by Vessel Type, 2016–2025 (USD Million)
43. Latin America Floating LNG Power Vessel Market Revenue, by Component, 2016–2025 (USD Million)
44. Latin America Floating LNG Power Vessel Market Revenue, by Power Output, 2016–2025 (USD Million)
45. Latin America Floating LNG Power Vessel Market Revenue, by Vessel Type, 2016–2025 (USD Million)
46. Brazil Floating LNG Power Vessel Market Revenue, by Component, 2016–2025 (USD Million)
47. Brazil Floating LNG Power Vessel Market Revenue, by Power Output, 2016–2025 (USD Million)
48. Brazil Floating LNG Power Vessel Market Revenue, by Vessel Type, 2016–2025 (USD Million)
49. Rest of Latin America Floating LNG Power Vessel Market Revenue, by Component, 2016–2025 (USD Million)
50. Rest of Latin America Floating LNG Power Vessel Market Revenue, by Power Output, 2016–2025 (USD Million)
51. Rest of Latin America Floating LNG Power Vessel Market Revenue, by Vessel Type, 2016–2025 (USD Million)
52. The Middle East and Africa Floating LNG Power Vessel Market Revenue, by Component, 2016–2025 (USD Million)
53. The Middle East and Africa Floating LNG Power Vessel Market Revenue, by Power Output, 2016–2025 (USD Million)
54. The Middle East and Africa Floating LNG Power Vessel Market Revenue, by Vessel Type, 2016–2025 (USD Million)
Floating LNG power vessel is appropriate for distant areas that have minor electrical requirements, such as small islands. These floating LNG power vessels are environment-friendly in nature. Floating LNG power vessel produces less carbon in contrast to power generators, which use of fossil fuels.
The global floating LNG power vessel market is likely to experience significant growth over the upcoming years, owing to the growing demand for floating LNG power vessels, increasing power generation demand, and the lack of power infrastructure. Additionally, encouraging government rules and regulations relating to energy efficiency along with the rising concerns for energy conservation are anticipated to drive the floating LNG power vessel market globally over the years to come. However, the huge operating costs of logistics and transportation and accessibility issues may limit the floating LNG power vessel market development on a global scale. Conversely, the rising LNG adoption as an energy source, particularly in the emerging countries of India, China, etc., is likely to offer new growth opportunities for the major market players.
The global floating LNG power vessel market is fragmented based on component, power output, and vessel type. By component, the global floating LNG power vessel market includes power distribution system and power generation system. In 2018, the power distribution system segment was the fastest growing in the global market and accounted for the largest share. By power output, the global floating LNG power vessel market includes 72 MW, between 72 MW and 400 MW, and above 400 MW. By vessel type, the global floating LNG power vessel market is bifurcated into power ship and power barge. The power ship segment is anticipated to hold a significant share of the market for floating LNG power vessel in the future.
In 2018, the Asia Pacific region was the largest floating LNG power vessel market globally. This growth can be mainly attributed to the increased regional demand for floating LNG power vessels. Moreover, the Asia Pacific region is also anticipated to be the fastest growing market for floating LNG power vessel over the next few years, owing to the rising urbanization and swift industrialization across the region.
Some major players of the global floating LNG power vessel market are Siemens, Wärtsilä Corporation, MAN Diesel & Turbo, Caterpillar, General Electric, Waller Marine, Benchmarking, Power Barge Corporation, Karpowership, Chiyoda Corporation, Modec, Samsung Heavy Industries, Wison Group, Hyundai Heavy Industries, Sevan Marine, Mitsui O.S.K. Lines, IHI Corporation, and Mitsubishi Heavy Industries.
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