Liquified Natural Gas (LNG) Infrastructure Market Analysis, Development, and Forecast by 2031

MARKET INTRODUCTION 

Liquefied natural gas (LNG) is a dangerous fuel that is transported from overseas to ports in massive tankers. Tankers, import terminals, and inland storage units make up LNG infrastructure. Interconnected transportation and storage facilities make up LNG's physical infrastructure. This report concentrates on three important infrastructure components: tanker ships, marine terminals, and storage facilities. Due to the obvious benefits connected with LNG, as well as an increase in the production of rich natural gas in the Northern American region, natural gas has received a lot of attention as a green transportation fuel. Vehicle fuels have traditionally been diesel and gasoline. However, there has been a shift away from traditional fuels in favour of better options on the market, such as natural gas, which provide similar performance in terms of power, acceleration, and cruising speed while also providing additional economical and environmental benefits.

MARKET DYNAMICS

In the next years, the increased need for electric power generated from sustainable energy sources is expected to propel market expansion. Over the next eight years, an increasing focus on projects connected to distributed power and utilities is expected to boost market growth. The expected growth in natural gas demand in the power generation industry is expected to increase demand for liquefied natural gas (LNG) in a number of countries. Coal is the most common source of electricity generation worldwide; but, due to the depletion of coal supplies and their negative environmental impact, natural gas and other renewable energy sources are increasingly being used to generate electricity.

MARKET SCOPE  

 
The "Global Liquified Natural Gas (LNG) Infrastructure Market Analysis to 2031" is a specialized and in-depth study of the liquified natural gas (LNG) infrastructure market with a special focus on the global market trend analysis. The report aims to provide an overview of the liquified natural gas (LNG) infrastructure market with detailed market segmentation by type, application, and geography. The global liquified natural gas (LNG) infrastructure market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading liquified natural gas (LNG) infrastructure market players and offers key trends and opportunities in the liquified natural gas (LNG) infrastructure market. 

MARKET SEGMENTATION

The global liquified natural gas (LNG) infrastructure market is segmented based on type and application. Based on type liquified natural gas (LNG) infrastructure market is segmented into liquefaction terminal and regasification terminal. Based on application, liquified natural gas (LNG) infrastructure market is segmented into heavy-duty vehicles, electric power generation and marine transport. 

IMPACT OF COVID-19 ON BIOMASS BOILER MARKET

The unexpected breakout of the new coronavirus has severely disrupted global industrial activities. The number of instances affected has been steadily increasing, prompting several countries to implement a variety of countermeasures such as national lockdowns and social isolation. As a result of the global pandemic, the shutdown of industrial operations has had a significant impact on the market. Growing apprehensions about investing in new projects, restrictions on cross-border trade, deficiencies in required capitals, preventive government measures lowering the workforce, and a slew of other obstacles have all hampered the industry's expansion. For example, the International Energy Agency (IEA) predicted in May 2021 that global investment in the oil and gas industry would plummet by around 33% in 2021 compared to the previous year due to the global financial crisis.

REGIONAL FRAMEWORK

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global Liquified Natural Gas (LNG) Infrastructure Market based on various segments. It also provides market size and forecast estimates from year 2017 to 2031 with respect to five major regions, namely, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The Liquified Natural Gas (LNG) Infrastructure Market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting Liquified Natural Gas (LNG) Infrastructure Market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely, North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the liquified natural gas (LNG) infrastructure market in these regions.

MARKET PLAYERS

The reports cover key developments in the liquified natural gas (LNG) infrastructure market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from liquified natural gas (LNG) infrastructure market are anticipated to lucrative growth opportunities in the future with the rising demand for liquified natural gas (LNG) infrastructure market. Below mentioned is the list of few companies engaged in the liquified natural gas (LNG) infrastructure market. 
The report also includes the profiles of key liquified natural gas (LNG) infrastructure market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

• Anadarko
• Chevron
• NIOC
• Petronas
• Rosneft
• Woodside
• Cheniere    
• Gazprom
• INPEX
• Novatek

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study. 

Liquified Natural Gas (LNG) Infrastructure Report Scope