The global LNG Liquefaction Equipment market was valued at US$ 697.6 million in 2019 and it is expected to reach US$ 972.1 million by the end of 2026, growing at a CAGR of 4.8% during 2021-2026.
LNG Liquefaction Equipment consists of a natural gas pretreatment process, a liquefaction process, a storage system, a control system, and a fire protection system. The liquefaction process is its most important component
LNG Liquefaction Equipment industry has been developing fast due to its high cost performance. The LNG Liquefaction Equipment industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 47.45% of the revenue market in 2018. Asia Pacific occupied 37.45% of the sales market in 2018. It is followed by Middle East and Africa, America, which respectively account for around 31.55% 19.47% of the global total industry. Other countries have a small amount of sales.
Global LNG Liquefaction Equipment Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global LNG Liquefaction Equipment Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are Air Products and Chemicals, Linde Group, ConocoPhillips Company, Atlas Copco, Ingersoll Rand, General Electric, Kobelco Compressors, Chart Energy and Chemicals, Elliott, Mitsui E&S, MCO, IHI Corporation and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Heat Exchanger
Segment by Application
- Small LNG Plants (<0.25 MTPA)
- Mid-Scale LNG Plants (0.25 to 2.0 MTPA)
- Large LNG Plants (>2.0 MTPA)
- FLNG Plants (offshore floating plants)
Table of Content:
1 LNG Liquefaction Equipment Market Overview
2 LNG Liquefaction Equipment Market Competition by Manufacturers
3 LNG Liquefaction Equipment Retrospective Market Scenario by Region
4 Global LNG Liquefaction Equipment Historic Market Analysis by Type
5 Global LNG Liquefaction Equipment Historic Market Analysis by Application
6 Key Companies Profiled
7 LNG Liquefaction Equipment Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 LNG Liquefaction Equipment Market Dynamics
10 Global LNG Liquefaction Equipment Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
13 Forecast by Type and by Application (2022-2027)
14 Research Finding and Conclusion
15 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta
Peter Barzilai is a high school pitcher and college rower turned longtime World News journalist. Peter has also written for Buzz Feed and Huffington Post and many other major publications, Peter Loves everything about sports and loves to write on trending topics and he is DailyFactsNTrends member since 2017.