Planned LNG Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, Segmented By Technology (Liquefaction, Regasification), By Application (Residential, Commercial, Industrial), By Region, By Competition, 2020-2030F

Description

The Global Planned LNG Market was valued at USD 54.1 billion in 2024 and is projected to reach USD 79.2 billion by 2030, registering a CAGR of 6.4% during the forecast period. The market is expanding rapidly due to increasing global energy demand and a strategic shift toward cleaner fuels. Liquefied Natural Gas (LNG), known for its lower carbon emissions compared to coal and oil, is being positioned as a critical transitional fuel amid global decarbonization goals. Countries across the Asia-Pacific region, including China, India, and Southeast Asian economies, are leading LNG demand due to rapid urbanization and industrialization. Simultaneously, declining domestic gas production in mature markets like Europe and Japan is driving substantial investments in LNG import terminals. The push for energy security, coupled with climate commitments under frameworks such as the Paris Agreement, is reshaping the global LNG infrastructure landscape.

Market Overview
Forecast Period	2026-2030
Market Size 2024	USD 54.1 Billion
Market Size 2030	USD 79.2 Billion
CAGR 2025-2030	6.4%
Fastest Growing Segment	Liquefaction
Largest Market	North America

Key Market Drivers

Rising Global Energy Demand and Clean Energy Transition

The increasing global demand for energy-particularly in fast-growing economies-is a key driver of planned LNG infrastructure development. Emerging countries such as China and India are accelerating their shift from coal and oil to cleaner energy sources, with LNG emerging as a preferred option due to its reduced greenhouse gas emissions. As nations aim to meet climate targets and diversify their energy portfolios, LNG is being integrated into national energy strategies for both base load and peak power supply. Government-backed initiatives promoting cleaner fuel adoption are reinforcing this trend, making LNG a central component of the global clean energy transition.

Key Market Challenges

High Capital Investment and Long Project Development Timelines

A primary challenge in the planned LNG market lies in the high upfront costs and extended timelines required for project development. LNG terminals-whether for liquefaction or regasification-demand significant capital expenditure and involve intricate engineering, environmental permitting, and construction efforts. Projects often span 5 to 7 years before becoming operational, making them vulnerable to market risks such as energy price volatility, regulatory shifts, and geopolitical uncertainties. These factors can deter investor confidence and delay project execution, especially in regions with less stable economic environments or evolving energy policies.

Key Market Trends

Emergence of Floating LNG (FLNG) and Small-Scale LNG Solutions

A transformative trend in the planned LNG market is the increasing deployment of Floating LNG (FLNG) units and Small-Scale LNG (SSLNG) systems. FLNG technology enables offshore extraction, liquefaction, and export of natural gas, eliminating the need for costly onshore infrastructure. This approach offers faster deployment, reduced permitting complexity, and flexibility for remote or deepwater fields. Countries like Mozambique, Nigeria, and Indonesia are adopting FLNG solutions as part of their energy expansion plans. Similarly, SSLNG is gaining momentum for decentralized applications, serving remote communities, islands, and industrial users that are not connected to pipeline networks. These innovations are expanding market access and enhancing the flexibility of LNG supply chains.

Key Market Players

ExxonMobil
Royal Dutch Shell
Qatar Petroleum
Chevron Corporation
TotalEnergies
Cheniere Energy
PetroChina
Eni S.p.A.

Report Scope:

In this report, the Global Planned LNG Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Planned LNG Market, By Technology:

Liquefaction
Regasification

Planned LNG Market, By Application:

Residential
Commercial
Industrial

Planned LNG Market, By Region:

North America
- United States
- Canada
- Mexico
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
Asia Pacific
- China
- India
- Japan
- South Korea
- Australia
South America
- Brazil
- Colombia
- Argentina
Middle East & Africa
- Saudi Arabia
- UAE
- South Africa

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Planned LNG Market.

Available Customizations

Global Planned LNG Market report with the given market data, Tech Sci Research offers customizations according to a company's specific needs. The following customization options are available for the report:

1. Product Overview

1.1. Market Definition
1.2. Scope of the Market
- 1.2.1. Markets Covered
- 1.2.2. Years Considered for Study
- 1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study
2.2. Baseline Methodology
2.3. Key Industry Partners
2.4. Major Association and Secondary Sources
2.5. Forecasting Methodology
2.6. Data Triangulation & Validation
2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market
3.2. Overview of Key Market Segmentations
3.3. Overview of Key Market Players
3.4. Overview of Key Regions/Countries
3.5. Overview of Market Drivers, Challenges, and Trends

4. Voice of Customer

5. Global Planned LNG Market Outlook

5.1. Market Size & Forecast
- 5.1.1. By Value
5.2. Market Share & Forecast
- 5.2.1. By Technology (Liquefaction, Regasification)
- 5.2.2. By Application (Residential, Commercial, Industrial)
- 5.2.3. By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)
5.3. By Company (2024)
5.4. Market Map

6. North America Planned LNG Market Outlook

6.1. Market Size & Forecast
- 6.1.1. By Value
6.2. Market Share & Forecast
- 6.2.1. By Technology
- 6.2.2. By Application
- 6.2.3. By Country
6.3. North America: Country Analysis
- 6.3.1. United States Planned LNG Market Outlook
  - 6.3.1.1. Market Size & Forecast
    - 6.3.1.1.1. By Value
  - 6.3.1.2. Market Share & Forecast
    - 6.3.1.2.1. By Technology
    - 6.3.1.2.2. By Application
- 6.3.2. Canada Planned LNG Market Outlook
  - 6.3.2.1. Market Size & Forecast
    - 6.3.2.1.1. By Value
  - 6.3.2.2. Market Share & Forecast
    - 6.3.2.2.1. By Technology
    - 6.3.2.2.2. By Application
- 6.3.3. Mexico Planned LNG Market Outlook
  - 6.3.3.1. Market Size & Forecast
    - 6.3.3.1.1. By Value
  - 6.3.3.2. Market Share & Forecast
    - 6.3.3.2.1. By Technology
    - 6.3.3.2.2. By Application

7. Europe Planned LNG Market Outlook

7.1. Market Size & Forecast
- 7.1.1. By Value
7.2. Market Share & Forecast
- 7.2.1. By Technology
- 7.2.2. By Application
- 7.2.3. By Country
7.3. Europe: Country Analysis
- 7.3.1. Germany Planned LNG Market Outlook
  - 7.3.1.1. Market Size & Forecast
    - 7.3.1.1.1. By Value
  - 7.3.1.2. Market Share & Forecast
    - 7.3.1.2.1. By Technology
    - 7.3.1.2.2. By Application
- 7.3.2. France Planned LNG Market Outlook
  - 7.3.2.1. Market Size & Forecast
    - 7.3.2.1.1. By Value
  - 7.3.2.2. Market Share & Forecast
    - 7.3.2.2.1. By Technology
    - 7.3.2.2.2. By Application
- 7.3.3. United Kingdom Planned LNG Market Outlook
  - 7.3.3.1. Market Size & Forecast
    - 7.3.3.1.1. By Value
  - 7.3.3.2. Market Share & Forecast
    - 7.3.3.2.1. By Technology
    - 7.3.3.2.2. By Application
- 7.3.4. Italy Planned LNG Market Outlook
  - 7.3.4.1. Market Size & Forecast
    - 7.3.4.1.1. By Value
  - 7.3.4.2. Market Share & Forecast
    - 7.3.4.2.1. By Technology
    - 7.3.4.2.2. By Application
- 7.3.5. Spain Planned LNG Market Outlook
  - 7.3.5.1. Market Size & Forecast
    - 7.3.5.1.1. By Value
  - 7.3.5.2. Market Share & Forecast
    - 7.3.5.2.1. By Technology
    - 7.3.5.2.2. By Application

8. Asia Pacific Planned LNG Market Outlook

8.1. Market Size & Forecast
- 8.1.1. By Value
8.2. Market Share & Forecast
- 8.2.1. By Technology
- 8.2.2. By Application
- 8.2.3. By Country
8.3. Asia Pacific: Country Analysis
- 8.3.1. China Planned LNG Market Outlook
  - 8.3.1.1. Market Size & Forecast
    - 8.3.1.1.1. By Value
  - 8.3.1.2. Market Share & Forecast
    - 8.3.1.2.1. By Technology
    - 8.3.1.2.2. By Application
- 8.3.2. India Planned LNG Market Outlook
  - 8.3.2.1. Market Size & Forecast
    - 8.3.2.1.1. By Value
  - 8.3.2.2. Market Share & Forecast
    - 8.3.2.2.1. By Technology
    - 8.3.2.2.2. By Application
- 8.3.3. Japan Planned LNG Market Outlook
  - 8.3.3.1. Market Size & Forecast
    - 8.3.3.1.1. By Value
  - 8.3.3.2. Market Share & Forecast
    - 8.3.3.2.1. By Technology
    - 8.3.3.2.2. By Application
- 8.3.4. South Korea Planned LNG Market Outlook
  - 8.3.4.1. Market Size & Forecast
    - 8.3.4.1.1. By Value
  - 8.3.4.2. Market Share & Forecast
    - 8.3.4.2.1. By Technology
    - 8.3.4.2.2. By Application
- 8.3.5. Australia Planned LNG Market Outlook
  - 8.3.5.1. Market Size & Forecast
    - 8.3.5.1.1. By Value
  - 8.3.5.2. Market Share & Forecast
    - 8.3.5.2.1. By Technology
    - 8.3.5.2.2. By Application

9. Middle East & Africa Planned LNG Market Outlook

9.1. Market Size & Forecast
- 9.1.1. By Value
9.2. Market Share & Forecast
- 9.2.1. By Technology
- 9.2.2. By Application
- 9.2.3. By Country
9.3. Middle East & Africa: Country Analysis
- 9.3.1. Saudi Arabia Planned LNG Market Outlook
  - 9.3.1.1. Market Size & Forecast
    - 9.3.1.1.1. By Value
  - 9.3.1.2. Market Share & Forecast
    - 9.3.1.2.1. By Technology
    - 9.3.1.2.2. By Application
- 9.3.2. UAE Planned LNG Market Outlook
  - 9.3.2.1. Market Size & Forecast
    - 9.3.2.1.1. By Value
  - 9.3.2.2. Market Share & Forecast
    - 9.3.2.2.1. By Technology
    - 9.3.2.2.2. By Application
- 9.3.3. South Africa Planned LNG Market Outlook
  - 9.3.3.1. Market Size & Forecast
    - 9.3.3.1.1. By Value
  - 9.3.3.2. Market Share & Forecast
    - 9.3.3.2.1. By Technology
    - 9.3.3.2.2. By Application

10. South America Planned LNG Market Outlook

10.1. Market Size & Forecast
- 10.1.1. By Value
10.2. Market Share & Forecast
- 10.2.1. By Technology
- 10.2.2. By Application
- 10.2.3. By Country
10.3. South America: Country Analysis
- 10.3.1. Brazil Planned LNG Market Outlook
  - 10.3.1.1. Market Size & Forecast
    - 10.3.1.1.1. By Value
  - 10.3.1.2. Market Share & Forecast
    - 10.3.1.2.1. By Technology
    - 10.3.1.2.2. By Application
- 10.3.2. Colombia Planned LNG Market Outlook
  - 10.3.2.1. Market Size & Forecast
    - 10.3.2.1.1. By Value
  - 10.3.2.2. Market Share & Forecast
    - 10.3.2.2.1. By Technology
    - 10.3.2.2.2. By Application
- 10.3.3. Argentina Planned LNG Market Outlook
  - 10.3.3.1. Market Size & Forecast
    - 10.3.3.1.1. By Value
  - 10.3.3.2. Market Share & Forecast
    - 10.3.3.2.1. By Technology
    - 10.3.3.2.2. By Application

11. Market Dynamics

11.1. Drivers
11.2. Challenges

12. Market Trends and Developments

12.1. Merger & Acquisition (If Any)
12.2. Product Launches (If Any)
12.3. Recent Developments

13. Company Profiles

13.1. ExxonMobil
- 13.1.1. Business Overview
- 13.1.2. Key Revenue and Financials
- 13.1.3. Recent Developments
- 13.1.4. Key Personnel
- 13.1.5. Key Product/Services Offered
13.2. Royal Dutch Shell
13.3. Qatar Petroleum
13.4. Chevron Corporation
13.5. TotalEnergies
13.6. Cheniere Energy
13.7. PetroChina
13.8. Eni S.p.A.