Report Overview
Report Summary
Summary
LNG carriers are the tank ships designed to carry Liquefied Natural Gas (LNG) at a cryogenic temperature of ?161°C. These carriers are equipped with efficient steam turbine-driven propulsion systems, which are propelled by dual fuel diesel electric propulsion systems. This increases the efficiency of LNG carriers by approximate 30% as compared to conventional vessels.
LNG carriers have high resistance to thermal and mechanical stress and strain. LNG carrier manufacturers are constantly involved in innovation and development in order to save cost, increase carrier capacity and improve carrier design. Natural gas is one of the world’s most needed feedstock and with the ever-growing demand for clean energy sources, the demand for LNG is rising, which is subsequently driving the LNG carrier market. The LNG carrier market possesses pronounced growth opportunities for the growth of new as well as established players.
Asia Pacific dominates the global LNG carrier market and is expected retain its dominance during the forecast period, owing to the increase in demand in countries, such as, China, Japan, India and Pakistan.
Japan is one of the largest importers of LNG across the globe. Moreover, the increasing demand for clean and green energy sources for power generation in most Asian countries is driving the LNG demand in the region. With the increasing offshore and onshore construction activities in the U.S., the LNG carrier market is expected to grow in the North American region. The European LNG Carrier market is also expected to grow with a steady rate during the forecast period, driven by the increasing exploration activity in the region.
The global LNG Carrier market was xx million US$ in 2020 and is expected to xx million US$ by the end of 2027, growing at a CAGR of xx% between 2021 and 2027.
This report studies the LNG Carrier market size (value and volume) by players, regions, product types and end industries, history data 2017-2020 and forecast data 2021-2027; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of LNG Carrier in these regions, from 2017 to 2027, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
STX Offshore & Shipbuilding
Samsung Heavy Industries
Mitsui O.S.K. Lines (MOL)
Mitsubishi Heavy Industries
Kawasaki Heavy Industries
Hyundai Heavy Industries
GasLog Ltd
Dynagas Ltd
Daewoo Shipbuilding and Marine Engineering (DSME)
China State Shipbuilding Corporation
By the product type, the market is primarily split into
Under 120,000 m3
120,000–160,000 m3
Above 160,000 m3
By the end users/application, this report covers the following segments
Government Organization
LNG Supplier
Other
We can also provide the customized separate regional or country-level reports, for the following regions:
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Rest of Asia-Pacific
Europe
Germany
France
UK
Italy
Spain
Russia
Rest of Europe
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives of this report are:
To study and analyze the global LNG Carrier market size (value & volume) by company, key regions/countries, products and application, history data from 2017 to 2020, and forecast to 2027.
To understand the structure of LNG Carrier market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global LNG Carrier manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the LNG Carrier with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of LNG Carrier submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
In this study, the years considered to estimate the market size of LNG Carrier are as follows:
History Year: 2017-2020
Base Year: 2020
Estimated Year: 2020
Forecast Year 2021 to 2027
This report includes the estimation of market size for value (million USD) and volume (Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of LNG Carrier market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2020 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Key Stakeholders
Raw material suppliers
Distributors/traders/wholesalers/suppliers
Regulatory bodies, including government agencies and NGO
Commercial research & development (R&D) institutions
Importers and exporters
Government organizations, research organizations, and consulting firms
Trade associations and industry bodies
End-use industries
Available Customizations
With the given market data, EternityInsights offers customizations according to the company's specific needs. The following customization options are available for the report:
Further breakdown of LNG Carrier market on basis of the key contributing countries.
Detailed analysis and profiling of additional market players.
Table Of Contents
Table Of Contents
Table of Contents
1 LNG Carrier Market Overview
1.1 LNG Carrier Product Overview
1.2 LNG Carrier Market Segment by Type
1.2.1 Under 120,000 m3
1.2.2 120,000–160,000 m3
1.2.3 Above 160,000 m3
1.3 Global LNG Carrier Market Size by Type
1.3.1 Global LNG Carrier Sales and Growth by Type
1.3.2 Global LNG Carrier Sales and Market Share by Type (2017-2020)
1.3.3 Global LNG Carrier Revenue and Market Share by Type (2017-2020)
1.3.4 Global LNG Carrier Price by Type (2017-2020)
2 Global LNG Carrier Market Competition by Company
2.1 Global LNG Carrier Sales and Market Share by Company (2017-2020)
2.2 Global LNG Carrier Revenue and Share by Company (2017-2020)
2.3 Global LNG Carrier Price by Company (2017-2020)
2.4 Global Top Players LNG Carrier Manufacturing Base Distribution, Sales Area, Product Types
2.5 LNG Carrier Market Competitive Situation and Trends
2.5.1 LNG Carrier Market Concentration Rate
2.5.2 Global LNG Carrier Market Share of Top 5 and Top 10 Players
2.5.3 Mergers & Acquisitions, Expansion
3 LNG Carrier Company Profiles and Sales Data
3.1 STX Offshore & Shipbuilding
3.1.1 Company Basic Information, Manufacturing Base and Competitors
3.1.2 LNG Carrier Product Category, Application and Specification
3.1.3 STX Offshore & Shipbuilding LNG Carrier Sales, Revenue, Price and Gross Margin(2017-2020)
3.1.4 Main Business Overview
3.2 Samsung Heavy Industries
3.2.1 Company Basic Information, Manufacturing Base and Competitors
3.2.2 LNG Carrier Product Category, Application and Specification
3.2.3 Samsung Heavy Industries LNG Carrier Sales, Revenue, Price and Gross Margin(2017-2020)
3.2.4 Main Business Overview
3.3 Mitsui O.S.K. Lines (MOL)
3.3.1 Company Basic Information, Manufacturing Base and Competitors
3.3.2 LNG Carrier Product Category, Application and Specification
3.3.3 Mitsui O.S.K. Lines (MOL) LNG Carrier Sales, Revenue, Price and Gross Margin(2017-2020)
3.3.4 Main Business Overview
3.4 Mitsubishi Heavy Industries
3.4.1 Company Basic Information, Manufacturing Base and Competitors
3.4.2 LNG Carrier Product Category, Application and Specification
3.4.3 Mitsubishi Heavy Industries LNG Carrier Sales, Revenue, Price and Gross Margin(2017-2020)
3.4.4 Main Business Overview
3.5 Kawasaki Heavy Industries
3.5.1 Company Basic Information, Manufacturing Base and Competitors
3.5.2 LNG Carrier Product Category, Application and Specification
3.5.3 Kawasaki Heavy Industries LNG Carrier Sales, Revenue, Price and Gross Margin(2017-2020)
3.5.4 Main Business Overview
3.6 Hyundai Heavy Industries
3.6.1 Company Basic Information, Manufacturing Base and Competitors
3.6.2 LNG Carrier Product Category, Application and Specification
3.6.3 Hyundai Heavy Industries LNG Carrier Sales, Revenue, Price and Gross Margin(2017-2020)
3.6.4 Main Business Overview
3.7 GasLog Ltd
3.7.1 Company Basic Information, Manufacturing Base and Competitors
3.7.2 LNG Carrier Product Category, Application and Specification
3.7.3 GasLog Ltd LNG Carrier Sales, Revenue, Price and Gross Margin(2017-2020)
3.7.4 Main Business Overview
3.8 Dynagas Ltd
3.8.1 Company Basic Information, Manufacturing Base and Competitors
3.8.2 LNG Carrier Product Category, Application and Specification
3.8.3 Dynagas Ltd LNG Carrier Sales, Revenue, Price and Gross Margin(2017-2020)
3.8.4 Main Business Overview
3.9 Daewoo Shipbuilding and Marine Engineering (DSME)
3.9.1 Company Basic Information, Manufacturing Base and Competitors
3.9.2 LNG Carrier Product Category, Application and Specification
3.9.3 Daewoo Shipbuilding and Marine Engineering (DSME) LNG Carrier Sales, Revenue, Price and Gross Margin(2017-2020)
3.9.4 Main Business Overview
3.10 China State Shipbuilding Corporation
3.10.1 Company Basic Information, Manufacturing Base and Competitors
3.10.2 LNG Carrier Product Category, Application and Specification
3.10.3 China State Shipbuilding Corporation LNG Carrier Sales, Revenue, Price and Gross Margin(2017-2020)
3.10.4 Main Business Overview
4 LNG Carrier Market Status and Outlook by Regions
4.1 Global Market Status and Outlook by Regions
4.1.1 Global LNG Carrier Market Size and CAGR by Regions
4.1.2 North America
4.1.3 Asia-Pacific
4.1.4 Europe
4.1.5 South America
4.1.6 Middle East and Africa
4.2 Global LNG Carrier Sales and Revenue by Regions
4.2.1 Global LNG Carrier Sales and Market Share by Regions (2017-2020)
4.2.2 Global LNG Carrier Revenue and Market Share by Regions (2017-2020)
4.2.3 Global LNG Carrier Sales, Revenue, Price and Gross Margin (2017-2020)
4.3 North America LNG Carrier Sales, Revenue, Price and Gross Margin
4.3.1 United States
4.3.2 Canada
4.3.3 Mexico
4.4 Europe LNG Carrier Sales, Revenue, Price and Gross Margin
4.4.1 Germany
4.4.2 UK
4.4.3 France
4.4.4 Italy
4.4.5 Russia
4.4.6 Turkey
4.5 Asia-Pacific LNG Carrier Sales, Revenue, Price and Gross Margin
4.5.1 China
4.5.2 Japan
4.5.3 Korea
4.5.4 Southeast Asia
4.5.4.1 Indonesia
4.5.4.2 Thailand
4.5.4.3 Malaysia
4.5.4.4 Philippines
4.5.4.5 Vietnam
4.5.5 India
4.5.6 Australia
4.6 South America LNG Carrier Sales, Revenue, Price and Gross Margin
4.6.1 Brazil
4.7 Middle East and Africa LNG Carrier Sales, Revenue, Price and Gross Margin
4.7.1 Egypt
4.7.2 GCC Countries
5 LNG Carrier Application/End Users
5.1 LNG Carrier Segment by Application
5.1.1 Government Organization
5.1.2 LNG Supplier
5.1.3 Other
5.2 Global LNG Carrier Product Segment by Application
5.2.1 Global LNG Carrier Sales by Application
5.2.2 Global LNG Carrier Sales and Market Share by Application (2017-2020)
6 Global LNG Carrier Market Forecast
6.1 Global LNG Carrier Sales, Revenue Forecast (2021-2027)
6.1.1 Global LNG Carrier Sales and Growth Rate Forecast (2021-2027)
6.1.1 Global LNG Carrier Revenue and Growth Rate Forecast (2021-2027)
6.2 Global LNG Carrier Forecast by Regions
6.2.1 North America LNG Carrier Sales and Revenue Forecast (2021-2027)
6.2.2 Europe LNG Carrier Sales and Revenue Forecast (2021-2027)
6.2.3 Asia-Pacific LNG Carrier Sales and Revenue Forecast (2021-2027)
6.2.3.1 China
6.2.3.2 Japan
6.2.3.3 Korea
6.2.3.4 Southeast Asia
6.2.3.5 India
6.2.3.6 Australia
6.2.4 South America LNG Carrier Sales and Revenue Forecast (2021-2027)
6.2.5 Middle East and Africa LNG Carrier Sales and Revenue Forecast (2021-2027)
6.2.5.1 Egypt
6.2.5.2 GCC Countries
6.3 LNG Carrier Forecast by Type
6.3.1 Global LNG Carrier Sales and Revenue Forecast by Type (2021-2027)
6.3.2 Under 120,000 m3 Gowth Forecast
6.3.3 120,000–160,000 m3 Gowth Forecast
6.4 LNG Carrier Forecast by Application
6.4.1 Global LNG Carrier Sales Forecast by Application (2021-2027)
6.4.2 Global LNG Carrier Forecast in Government Organization
6.4.3 Global LNG Carrier Forecast in LNG Supplier
7 LNG Carrier Upstream Raw Materials
7.1 LNG Carrier Key Raw Materials
7.1.1 Key Raw Materials
7.1.2 Key Raw Materials Price
7.1.3 Raw Materials Key Suppliers
7.2 Manufacturing Cost Structure
7.2.1 Raw Materials
7.2.2 Labor Cost
7.2.3 Manufacturing Expenses
7.3 LNG Carrier Industrial Chain Analysis
8 Marketing Strategy Analysis, Distributors
8.1 Marketing Channel
8.1.1 Direct Marketing
8.1.2 Indirect Marketing
8.1.3 Marketing Channel Development Trend
8.2 Distributors
8.3 Downstream Customers
9 Research Findings and Conclusion
Appendix
Methodology/Research Approach
Research Programs/Design
Market Size Estimation
Market Breakdown and Data Triangulation
Data Source
Secondary Sources
Primary Sources
Disclaimer