Small Scale LNG Market 2020 by Technology, Equipment, Product Type, Packaging Material, and Region – Global Forecast to 2025

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Global Small Scale LNG Market

• Rising number of LNG-fuelled fleet along with
  rising concerns for environment amplify adoption
  of small scale LNG market

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Small Scale LNG Market Analysis by Trends, Demand
Global Forecast to 2025

• Small- scale liquefied natural gas is a growing
  niche market. Small scale liquefied natural gas
  is the liquid form of liquefied natural gas, as
  opposed to the traditional model of
  regasification. The rising demand from the
  trucking and shipping industries for fuels which
  are more environmental friendly than fuelling
  with heavy fuel oil, marine gas oil, marine
  diesel oil, and others boasts significant
  potential to small scale LNG market. Small scale
  LNG increases the ships operational efficiency.
  Small scale LNG reduces carbon footprint
  significantly as LNG burns more cleanly than
  other fossil fuels such as petroleum and coal,
  small scale LNG is likely to gain further
  attraction as it produces less carbon content and
  also due to regulatory pressures for transition
  to lower-carbon energy intensify. Small scale LNG
  is addressing major advantage in end user
  industries such as off-grid power generation for
  residential needs in remote location, marine fuel
  (bunkering), and fuel for heavy road transport.
• Some of the factors which favor the growth of
  small scale LNG are the price difference between
  LNG and oil, small scale LNG initiatives in
  comparison to large scale LNG projects that
  offers investors additional instant and
  potentially attractive returns in the medium
  term. And also small scale LNG is scalable which
  means operators can easily add capacity to serve
  increased demand while gaining supply chain
  synergies. Finally, the flexibility of small
  scale LNG which can stimulate demand in sections
  of the market which were previously unsuited to
  LNG as fuel source, for example off grid power
  generation on islands and remote areas. These
  factors made small scale LNG an ultimate way to
  meet short term fluctuations in demand.
• In some of the regions, increasing environmental
  awareness has driven the use of lower carbon
  energy source, this helped the development of
  small scale LNG as a lower carbon energy
  particularly in region where the demand for
  natural gas is relatively small and that it is
  not connected by a pipeline, are factors in the
  spread of small-scale LNG.

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Small Scale LNG Market Analysis by Trends, Demand
Global Forecast to 2025

• Europe is dominating in the implementation of
  small scale LNG projects. Maximum number of
  operational small scale LNG infrastructures are
  in this region due to large scale regasification
  terminals. In spite of sustained low oil prices
  and market uncertainty, there has been a
  significant increase in small scale LNG market in
  this region. Majorly, the strict regulations in
  the marine sector and huge subsidies on the use
  of LNG are stimulating the use of small-scale LNG
  as a bunker fuel in Europe. LNG becoming cost
  competitive, the need for cleaner fuel gathering
  pace and desire for energy companies to further
  expand and spread their LNG businesses, investors
  in the European region are becoming aware of the
  potential for small-scale LNG projects. Factors
  such as rising demand for LNG as an environmental
  friendly fuel source for ships as a part of IMO
  regulations to reduce the sulphur emissions by
  2020 and also the increasing investments in the
  gas infrastructure is expected to increase the
  demand for small scale LNG in Europe. In Europe,
  5 LNG bunkering vessels are in operation, 3 of
  which are BV-classed. The number of bunkering
  vessels will more than likely double in the next
  2-3 years to keep up with demand.
• Key Market Players The Linde Group, Wartsila Oyj
  Abp, Engie SA, Royal Dutch Shell PLC,General
  Electric, PLUM ENERGY, Excelerate Energy. L. P.,
  Prometheus Energy Company
• Browse the complete report on _at_
  https//www.adroitmarketresearch.com/industry-repo
  rts/small-scale-lng-market

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Following is a detailed snapshot of most
prominent segments in global small scale LNG
market

• Segmentation by type Global Small Scale LNG
  Market
• Liquefaction Terminal
• Regasification Terminal
• Segmentation based on mode of supply Global
  Small Scale LNG Market
• Truck
• Transhipment and Bunkering
• Pipeline and Rail
• Others
• Segmentation by Application Global Small Scale
  LNG Market
• Transportation
• Power generation
• Industrial feedstock
• Marine fuel
• others

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Small Scale LNG Market Analysis by Trends, Demand
Global Forecast to 2025

• Regional Segmentation Global Small Scale LNG
  Market
• North America
• Europe
• Asia Pacific
• Middle East
• Rest of the World
• Key Market Movements
• Increasing environmental awareness has driven
  the use of lower carbon energy small scale LNG is
  driving this market
• The rising demand from the trucking and
  shipping industries fuels growth
• Utilization in end user industries such as
  off-grid power generation for residential needs
  in remote location further provide growth
  opportunities
• Energy cost advantage of small scale LNG over
  alternate energy sources bolsters market
• Rising number of LNG-fuelled fleet
  supplementing the demand
• Purchase a single user copy of the global Small
  Scale LNG Market report_at_ https//www.adroitmarketr
  esearch.com/researchreport/purchase/1303

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