Liquefied Natural Gas (LNG) Market: Technavio Research Identifies North America as the Dominant Region
Geographical Segmentation and Growth Analysis
The liquefied natural gas (lng) market is expected to grow by $ 14.36 bn, accelerating at a CAGR of 5.73% during the forecast period. This research report offers an in-depth analysis of the market with respect to different geographical segments. It also provides a detailed analysis of all the trends, drivers and challenges that will impact the market during the coming years. The report also offers a breakdown of all the regional players and their market share along with their product portfolio. This research analysis will provide our clients with the insights necessary to plan their growth strategy.
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Liquefied Natural Gas (LNG) Market: North America to lead market growth during the forecast period
- 30% of the market growth will originate from North America during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Liquefied Natural Gas (LNG) Market size.
- Increase in lng production will be a significant factor in driving the growth of the liquefied natural gas (lng) market. This report provides a detailed analysis of all the trends that are likely to influence the growth of individual segments within the market as well as the overall market in focus. This analysis will thus enable clients to assess their play in the market and plan for growth opportunities.
- Market is segmented by End-user (power, Industry, and others) and Geography (North America, MEA, Europe, APAC, and South America).
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of 5.73%.
- What is the incremental growth of the market?
The market is expected to grow by $ 14.36 bn through 2021-2025.
- What is a key factor driving this market?
Increase in LNG production will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
North America, MEA, Europe, APAC, and South America are the key regions featured in this research report.
- Which is the leading geographic region for this market:
30% growth will originate from North America
- Who are the leading market vendors?
The leading vendors in this market are BP Plc, Chevron Corp., Dominion Energy Inc., Eni S.p.A, Equinor ASA, Exxon Mobil Corp., Freeport LNG Development L.P, PAO NOVATEK, Qatargas Operating Co. Ltd., and Royal Dutch Shell Plc
- What are the market segments covered in this report?
The market is segmented by End-user (power, Industry, and others) and Geography (North America, MEA, Europe, APAC, and South America).
Market Segmentation by End-user
- Liquefied Natural Gas (LNG) Market Split by End-user
- Liquefied Natural Gas (LNG) Market Split by Geography
- North America
- MEA
- Europe
- APAC
- South America
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- BP Plc
- Chevron Corp.
- Dominion Energy Inc.
- Eni S.p.A
- Equinor ASA
- Exxon Mobil Corp.
- Freeport LNG Development L.P
- PAO NOVATEK
- Qatargas Operating Co. Ltd.
- Royal Dutch Shell Plc
Liquefied Natural Gas (LNG) Market | Leading Segments, Trends, Drivers and Challenges
Market Recovery and Growth Projections 2021-2025
The liquefied natural gas (lng) market is expected to grow by $ 14.36 bn, accelerating at a CAGR of almost 5.73% during the forecast period. Technavio’s research reports offer a detailed analysis of the market segments, delving deep into the factors that will lead to the growth of each segment. It also offers insights that are likely to have a negative impact on market growth. This comprehensive analysis of the market will enable clients to identify areas of growth and steer clear of the low-performing segments.
Request for Our Free Sample Report for detailed Insights
Liquefied Natural Gas (LNG) Market: Market Segments and Growth Forecasts
This research report will provide insights into the current market share of each segment along with growth projections for the next five years.
- Market is segmented by End-user (power, Industry, and others) and Geography (North America, MEA, Europe, APAC, and South America).
- 30% of the market growth will originate from North America during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Liquefied Natural Gas (LNG) Market size.
Liquefied Natural Gas (LNG) Market: Trends, Drivers, Challenges
The report also offers a detailed impact analysis of various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will equip clients to design a growth strategy for their business and area of operations.
- Increase in LNG production will be a significant factor in driving the growth of the Liquefied Natural Gas (LNG) Market.
- Growth in LNG liquefaction capacity will be instrumental in driving the market growth during the forecast period.
- Fluctuations in global oil and gas prices is a hurdle that needs to be crossed on the path to success.
Liquefied Natural Gas (LNG) Market: Vendor Analysis
- The market is fragmented.
- BP Plc, Chevron Corp., Dominion Energy Inc., Eni S.p.A, Equinor ASA, Exxon Mobil Corp., Freeport LNG Development L.P, PAO NOVATEK, Qatargas Operating Co. Ltd., and Royal Dutch Shell Plc are some of the major market participants.
- The unprecedented outbreak of COVID-19 in 2020 has had a significant impact on market segments had a ripple effect on various stakeholders. Our vendor analysis and insights will provide you with all the information required to make the most of the opportunities and plan business recovery and growth post the pandemic.
Key Areas Covered in our Report:
- Liquefied Natural Gas (LNG) Market Split by End-user
- Liquefied Natural Gas (LNG) Market Split by Geography
- North America
- MEA
- Europe
- APAC
- South America
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- BP Plc
- Chevron Corp.
- Dominion Energy Inc.
- Eni S.p.A
- Equinor ASA
- Exxon Mobil Corp.
- Freeport LNG Development L.P
- PAO NOVATEK
- Qatargas Operating Co. Ltd.
- Royal Dutch Shell Plc
For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of 5.73%.
- What is the incremental growth of the market?
The market is expected to grow by $ 14.36 bn through 2021-2025.
- What is a key factor driving this market?
Increase in LNG production will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
North America, MEA, Europe, APAC, and South America are the key regions featured in this research report.
- Which is the leading geographic region for this market:
30% growth will originate from North America
- Who are the leading market vendors?
The leading vendors in this market are BP Plc, Chevron Corp., Dominion Energy Inc., Eni S.p.A, Equinor ASA, Exxon Mobil Corp., Freeport LNG Development L.P, PAO NOVATEK, Qatargas Operating Co. Ltd., and Royal Dutch Shell Plc
- What are the market segments covered in this report?
The market is segmented by End-user (power, Industry, and others) and Geography (North America, MEA, Europe, APAC, and South America)
Liquefied Natural Gas (LNG) Market Growth Analysis | BP Plc, Chevron Corp., Dominion Energy Inc. are among key contributors
Competitive Benchmarking and Vendor Forecasts for 2021-2025
The liquefied natural gas (lng) market and it is expected to grow by $ 14.36 bn, accelerating at a CAGR of almost 5.73% during the forecast period. The market is fragmented. The research report provides insights into the top market players and their product portfolio along with a pipeline analysis of upcoming developments and growth opportunities. The growth of the players depends on several factors such as market conditions, government support, and industry development. Market players must distinguish their product and service offerings through a clear and unique value proposition in order to secure a substantial share of the market. This report will provide a detailed study of the key players with insights into their product portfolio and future pipeline. BP Plc, Chevron Corp., Dominion Energy Inc., Eni S.p.A, Equinor ASA, Exxon Mobil Corp., Freeport LNG Development L.P, PAO NOVATEK, Qatargas Operating Co. Ltd., and Royal Dutch Shell Plc are some of the major participants in the market.
Rely on our business insights to implement a COVID-19 Recovery Plan: Request for Free Sample Report
Liquefied Natural Gas (LNG) Market: Market Highlights
- The Liquefied natural gas (lng) market is segmented by End-user (power, Industry, and others) and Geography (North America, MEA, Europe, APAC, and South America).
- North America led the market with 30% of the market growth set to originate from this region during the forecast period.
- Increase in lng production is one of the primary factors driving the growth of the liquefied natural gas (lng) market. The report provides a detailed study of this and all the other drivers that will boost market growth. An understanding of the key drivers will enable clients to leverage growth opportunities to their advantage with a view to short-term and long-term business goals. For more insights on this market: Download a Free Sample Report
Key Focus Areas in Our Reports:
- Market segments
- Comparison by Product
- Filleting and skinning equipment - Market size and forecast 2020-2025
- De-heading and gutting equipment - Market size and forecast 2020-2025
- Grading equipment - Market size and forecast 2020-2025
- Scaling equipment - Market size and forecast 2020-2025
- Others - Market size and forecast 2020-2025
- Market opportunity by Product
Customer landscape
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- APAC - Market size and forecast 2020-2025
- MEA - Market size and forecast 2020-2025
- Europe - Market size and forecast 2020-2025
- North America - Market size and forecast 2020-2025
- South America - Market size and forecast 2020-2025
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Competitive scenario
- Vendor landscape
- Landscape disruption
Vendor Analysis
- BP Plc
- Chevron Corp.
- Dominion Energy Inc.
- Eni S.p.A
- Equinor ASA
- Exxon Mobil Corp.
- Freeport LNG Development L.P
- PAO NOVATEK
- Qatargas Operating Co. Ltd.
- Royal Dutch Shell Plc
The report provides insights into the following FAQs:
- What is the market CAGR?
The market will accelerate at a CAGR of 5.73%.
- What is the incremental growth of the market?
The market is expected to grow by $ 14.36 bn through 2021-2025.
- What is a key factor driving this market?
Increase in LNG production will drive market growth over the forecast period.
- What are the key regions covered in this market research report?
North America, MEA, Europe, APAC, and South America are the key regions featured in this research report.
- Which is the leading geographic region for this market:
30% growth will originate from North America
- Who are the leading market vendors?
The leading vendors in this market are BP Plc, Chevron Corp., Dominion Energy Inc., Eni S.p.A, Equinor ASA, Exxon Mobil Corp., Freeport LNG Development L.P, PAO NOVATEK, Qatargas Operating Co. Ltd., and Royal Dutch Shell Plc
- What are the market segments covered in this report?
The market is segmented by End-user (power, Industry, and others) and Geography (North America, MEA, Europe, APAC, and South America)
