Global Liquefied Natural Gas (LNG) Market 2023-2027

Description

List of Tables

Technavio has been monitoring the liquefied natural gas (LNG) market and is forecast to grow by $15.81 bn during 2022-2027, accelerating at a CAGR of 5.35% during the forecast period. Our report on the liquefied natural gas (LNG) market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in LNG production, growth in LNG liquefaction capacity, and rising demand for cleaner fuels.

Technavio's liquefied natural gas (LNG) market is segmented as below:

By End-user

Power
Industry
Others

By Geography

North America
Middle East and Africa
Europe
APAC
South America

This study identifies the growing demand for LNG bunkering as one of the prime reasons driving the liquefied natural gas (LNG) market growth during the next few years. Also, the growing use of FLNG vessels and commoditization of LNG will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the liquefied natural gas (LNG) market covers the following areas:

Liquefied natural gas (LNG) market sizing
Liquefied natural gas (LNG) market forecast
Liquefied natural gas (LNG) market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading liquefied natural gas (LNG) market vendors that include Bechtel Corp., Cheniere Energy Inc., China Petrochemical Corp., Eni Spa, Equinor ASA, Exxon Mobil Corp., Fluor Corp., Freeport LNG Development LP, Gasum Oy, INPEX Corp., PAO NOVATEK, PetroChina Co. Ltd., Qatargas Operating Co. Ltd., SEFE Energy Ltd., Sempra Energy, TechnipFMC plc, TotalEnergies SE, Shell plc, Chevron Corp., and BP Plc. Also, the liquefied natural gas (LNG) market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Product Code: IRTNTR71863

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market by Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 06: Executive Summary - Chart on Incremental Growth
Exhibit 07: Executive Summary - Data Table on Incremental Growth
Exhibit 08: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 09: Parent market
Exhibit 10: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 11: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 12: Market segments
3.3 Market size 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 13: Chart on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 14: Data Table on Global - Market size and forecast 2022-2027 ($ billion)
Exhibit 15: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 16: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Historic Market Size

4.1 Global liquefied natural gas (LNG) market 2017 - 2021
Exhibit 17: Historic Market Size - Data Table on Global liquefied natural gas (LNG) market 2017 - 2021 ($ billion)
4.2 End-user Segment Analysis 2017 - 2021
Exhibit 18: Historic Market Size - End-user Segment 2017 - 2021 ($ billion)
4.3 Geography Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Geography Segment 2017 - 2021 ($ billion)
4.4 Country Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Country Segment 2017 - 2021 ($ billion)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 21: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 22: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 23: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 24: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 25: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 26: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 27: Chart on Market condition - Five forces 2022 and 2027

6 Market Segmentation by End-user

6.1 Market segments
Exhibit 28: Chart on End-user - Market share 2022-2027 (%)
Exhibit 29: Data Table on End-user - Market share 2022-2027 (%)
6.2 Comparison by End-user
Exhibit 30: Chart on Comparison by End-user
Exhibit 31: Data Table on Comparison by End-user
6.3 Power - Market size and forecast 2022-2027
Exhibit 32: Chart on Power - Market size and forecast 2022-2027 ($ billion)
Exhibit 33: Data Table on Power - Market size and forecast 2022-2027 ($ billion)
Exhibit 34: Chart on Power - Year-over-year growth 2022-2027 (%)
Exhibit 35: Data Table on Power - Year-over-year growth 2022-2027 (%)
6.4 Industry - Market size and forecast 2022-2027
Exhibit 36: Chart on Industry - Market size and forecast 2022-2027 ($ billion)
Exhibit 37: Data Table on Industry - Market size and forecast 2022-2027 ($ billion)
Exhibit 38: Chart on Industry - Year-over-year growth 2022-2027 (%)
Exhibit 39: Data Table on Industry - Year-over-year growth 2022-2027 (%)
6.5 Others - Market size and forecast 2022-2027
Exhibit 40: Chart on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 41: Data Table on Others - Market size and forecast 2022-2027 ($ billion)
Exhibit 42: Chart on Others - Year-over-year growth 2022-2027 (%)
Exhibit 43: Data Table on Others - Year-over-year growth 2022-2027 (%)
6.6 Market opportunity by End-user
Exhibit 44: Market opportunity by End-user ($ billion)

7 Customer Landscape

7.1 Customer landscape overview
Exhibit 45: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

8.1 Geographic segmentation
Exhibit 46: Chart on Market share by geography 2022-2027 (%)
Exhibit 47: Data Table on Market share by geography 2022-2027 (%)
8.2 Geographic comparison
Exhibit 48: Chart on Geographic comparison
Exhibit 49: Data Table on Geographic comparison
8.3 North America - Market size and forecast 2022-2027
Exhibit 50: Chart on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 51: Data Table on North America - Market size and forecast 2022-2027 ($ billion)
Exhibit 52: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 53: Data Table on North America - Year-over-year growth 2022-2027 (%)
8.4 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 54: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 55: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ billion)
Exhibit 56: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 57: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
8.5 Europe - Market size and forecast 2022-2027
Exhibit 58: Chart on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 59: Data Table on Europe - Market size and forecast 2022-2027 ($ billion)
Exhibit 60: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 61: Data Table on Europe - Year-over-year growth 2022-2027 (%)
8.6 APAC - Market size and forecast 2022-2027
Exhibit 62: Chart on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 63: Data Table on APAC - Market size and forecast 2022-2027 ($ billion)
Exhibit 64: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 65: Data Table on APAC - Year-over-year growth 2022-2027 (%)
8.7 South America - Market size and forecast 2022-2027
Exhibit 66: Chart on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 67: Data Table on South America - Market size and forecast 2022-2027 ($ billion)
Exhibit 68: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 69: Data Table on South America - Year-over-year growth 2022-2027 (%)
8.8 US - Market size and forecast 2022-2027
Exhibit 70: Chart on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 71: Data Table on US - Market size and forecast 2022-2027 ($ billion)
Exhibit 72: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 73: Data Table on US - Year-over-year growth 2022-2027 (%)
8.9 Russia - Market size and forecast 2022-2027
Exhibit 74: Chart on Russia - Market size and forecast 2022-2027 ($ billion)
Exhibit 75: Data Table on Russia - Market size and forecast 2022-2027 ($ billion)
Exhibit 76: Chart on Russia - Year-over-year growth 2022-2027 (%)
Exhibit 77: Data Table on Russia - Year-over-year growth 2022-2027 (%)
8.10 China - Market size and forecast 2022-2027
Exhibit 78: Chart on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 79: Data Table on China - Market size and forecast 2022-2027 ($ billion)
Exhibit 80: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 81: Data Table on China - Year-over-year growth 2022-2027 (%)
8.11 Iran - Market size and forecast 2022-2027
Exhibit 82: Chart on Iran - Market size and forecast 2022-2027 ($ billion)
Exhibit 83: Data Table on Iran - Market size and forecast 2022-2027 ($ billion)
Exhibit 84: Chart on Iran - Year-over-year growth 2022-2027 (%)
Exhibit 85: Data Table on Iran - Year-over-year growth 2022-2027 (%)
8.12 Saudi Arabia - Market size and forecast 2022-2027
Exhibit 86: Chart on Saudi Arabia - Market size and forecast 2022-2027 ($ billion)
Exhibit 87: Data Table on Saudi Arabia - Market size and forecast 2022-2027 ($ billion)
Exhibit 88: Chart on Saudi Arabia - Year-over-year growth 2022-2027 (%)
Exhibit 89: Data Table on Saudi Arabia - Year-over-year growth 2022-2027 (%)
8.13 Market opportunity by geography
Exhibit 90: Market opportunity by geography ($ billion)

9 Drivers, Challenges, and Trends

9.1 Market drivers
9.2 Market challenges
9.3 Impact of drivers and challenges
Exhibit 91: Impact of drivers and challenges in 2022 and 2027
9.4 Market trends

10 Vendor Landscape

10.1 Overview
10.2 Vendor landscape
Exhibit 92: Overview on Criticality of inputs and Factors of differentiation
10.3 Landscape disruption
Exhibit 93: Overview on factors of disruption
10.4 Industry risks
Exhibit 94: Impact of key risks on business

11 Vendor Analysis

11.1 Vendors covered
Exhibit 95: Vendors covered
11.2 Market positioning of vendors
Exhibit 96: Matrix on vendor position and classification
11.3 Bechtel Corp.
Exhibit 97: Bechtel Corp. - Overview
Exhibit 98: Bechtel Corp. - Product / Service
Exhibit 99: Bechtel Corp. - Key news
Exhibit 100: Bechtel Corp. - Key offerings
11.4 BP Plc
Exhibit 101: BP Plc - Overview
Exhibit 102: BP Plc - Business segments
Exhibit 103: BP Plc - Key offerings
Exhibit 104: BP Plc - Segment focus
11.5 Chevron Corp.
Exhibit 105: Chevron Corp. - Overview
Exhibit 106: Chevron Corp. - Business segments
Exhibit 107: Chevron Corp. - Key offerings
Exhibit 108: Chevron Corp. - Segment focus
11.6 China Petrochemical Corp.
Exhibit 109: China Petrochemical Corp. - Overview
Exhibit 110: China Petrochemical Corp. - Business segments
Exhibit 111: China Petrochemical Corp. - Key offerings
Exhibit 112: China Petrochemical Corp. - Segment focus
11.7 Eni Spa
Exhibit 113: Eni Spa - Overview
Exhibit 114: Eni Spa - Business segments
Exhibit 115: Eni Spa - Key offerings
Exhibit 116: Eni Spa - Segment focus
11.8 Equinor ASA
Exhibit 117: Equinor ASA - Overview
Exhibit 118: Equinor ASA - Business segments
Exhibit 119: Equinor ASA - Key offerings
Exhibit 120: Equinor ASA - Segment focus
11.9 Exxon Mobil Corp.
Exhibit 121: Exxon Mobil Corp. - Overview
Exhibit 122: Exxon Mobil Corp. - Business segments
Exhibit 123: Exxon Mobil Corp. - Key offerings
Exhibit 124: Exxon Mobil Corp. - Segment focus
11.10 Fluor Corp.
Exhibit 125: Fluor Corp. - Overview
Exhibit 126: Fluor Corp. - Business segments
Exhibit 127: Fluor Corp. - Key offerings
Exhibit 128: Fluor Corp. - Segment focus
11.11 Freeport LNG Development LP
Exhibit 129: Freeport LNG Development LP - Overview
Exhibit 130: Freeport LNG Development LP - Product / Service
Exhibit 131: Freeport LNG Development LP - Key offerings
11.12 PAO NOVATEK
Exhibit 132: PAO NOVATEK - Overview
Exhibit 133: PAO NOVATEK - Product / Service
Exhibit 134: PAO NOVATEK - Key offerings
11.13 PetroChina Co. Ltd.
Exhibit 135: PetroChina Co. Ltd. - Overview
Exhibit 136: PetroChina Co. Ltd. - Business segments
Exhibit 137: PetroChina Co. Ltd. - Key offerings
Exhibit 138: PetroChina Co. Ltd. - Segment focus
11.14 Qatargas Operating Co. Ltd.
Exhibit 139: Qatargas Operating Co. Ltd. - Overview
Exhibit 140: Qatargas Operating Co. Ltd. - Product / Service
Exhibit 141: Qatargas Operating Co. Ltd. - Key offerings
11.15 SEFE Energy Ltd.
Exhibit 142: SEFE Energy Ltd. - Overview
Exhibit 143: SEFE Energy Ltd. - Product / Service
Exhibit 144: SEFE Energy Ltd. - Key offerings
11.16 Shell plc
Exhibit 145: Shell plc - Overview
Exhibit 146: Shell plc - Business segments
Exhibit 147: Shell plc - Key news
Exhibit 148: Shell plc - Key offerings
Exhibit 149: Shell plc - Segment focus
11.17 TotalEnergies SE
Exhibit 150: TotalEnergies SE - Overview
Exhibit 151: TotalEnergies SE - Business segments
Exhibit 152: TotalEnergies SE - Key news
Exhibit 153: TotalEnergies SE - Key offerings
Exhibit 154: TotalEnergies SE - Segment focus

12 Appendix

12.1 Scope of the report
12.2 Inclusions and exclusions checklist
Exhibit 155: Inclusions checklist
Exhibit 156: Exclusions checklist
12.3 Currency conversion rates for US$
Exhibit 157: Currency conversion rates for US$
12.4 Research methodology
Exhibit 158: Research methodology
Exhibit 159: Validation techniques employed for market sizing
Exhibit 160: Information sources
12.5 List of abbreviations
Exhibit 161: List of abbreviations