Global Small Scale LNG Market Insights, Forecast to 2030

Small Scale LNG Market Size

The global Small Scale LNG market is projected to grow from US$ 9174.6 million in 2024 to US$ 14970 million by 2030, at a Compound Annual Growth Rate (CAGR) of 8.5% during the forecast period.

LNG is a sustainable alternative fuel for ships and long-haulage trucks. It is also an attractive energy source for industries in areas that are not connected to the natural gas grid. Such applications of LNG are known as small-scale LNG in order to distinguish them from the more conventional use where LNG is delivered on a large scale and regasified for injection into the natural gas grid.

The North America small-scale LNG market is projected to grow at the highest CAGR during the forecast period. In North America, most of the small-scale LNG demand in industrial & power applications is met through peak shaving facilities. The peak shaving facilities are used to meet adequate supply of LNG to address the peak demand.

Small Cale LNG Market Share

China is the largest Small Scale LNG (SSLNG) market with about 33% market share. Europe is follower, accounting for about 28% market share.The key manufacturers are Guanghui Energy, Gasnor, Kunlun Energy, Xilan Natural Gas, Shaanxi Yanchang Petroleum, Gasum, Hanas, Yuanheng Energy, China National Coal Group, Hebei Huaqi Natural Gas, Equinor, Nippon Gas, Engie, PetroChina, Linde, CNOOC etc. Top 3 companies occupied about 21% market share.

By the product type, the market is primarily split into

• Liquefaction Terminal
• Regasification Terminal

By the end users/application, this report covers the following segments

• Utilities
• Residential
• Industrial
• Commercial
• Marine
• Transportation

Competitive Landscape:

The report provides a list of all the key players in the Small-Scale LNG market along with a detailed analysis of the strategies, which the companies are adopting. The strategies mainly include new product Developments, research, and Developments, and also provides revenue shares, company overview, and recent company Developments to remain competitive in the market.

The Small-Scale LNG key manufacturers in this market include:

• Linde Group
• Wartsila
• Honeywell
• General Electric
• Engie
• Gazprom
• Gasum
• Sofregaz
• Dresser-Rand
• Prometheus Energy
• Plum Energy
• Excelerate Energy
• Cryostar Sas