Long Term LNG Market Size, Trends, Shares, and Forecast - 2031

Historic Data: 2021-2023   |   Base Year: 2024   |   Forecast Period: 2025-2031

Coverage: Long Term LNG Market covers analysis by Application (Transportation, Fuel, Power Generation, Others) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Date : Nov 2025
  • Report Code : TIPRE00029465
  • Category : Energy and Power
  • Status : Upcoming
  • Available Report Formats : pdf-format excel-format
  • No. of Pages : 150
Page Updated: Jun 2022

MARKET INTRODUCTION 


When the input power source fails, an uninterrupted power supply (UPS) supplies emergency power to a load. An uninterrupted power supply (UPS) transforms incoming AC to DC and then back to AC using a rectifier and an inverter. A UPS, unlike an auxiliary or emergency power system or a standby generator, will provide near-instantaneous protection from input power outages by delivering energy stored in batteries, supercapacitors, or flywheels. Most uninterruptible power supplies have a short on-battery runtime (just a few minutes), but it's enough to start a standby power source or appropriately shut down the protected equipment.

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 power generation worldwide; however, due to the depletion of coal supplies and their negative environmental impact, there has been an increase in the usage of natural gas and other renewable energy sources for electricity generation.

MARKET SCOPE    


The "Global Long Term LNG Market Analysis to 2031" is a specialized and in-depth study of the long term LNG market with a special focus on the global market trend analysis. The report aims to provide an overview of the long term LNG market with detailed market segmentation by application and geography. The global long term LNG market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading long term LNG market players and offers key trends and opportunities in the long term LNG market. 

MARKET SEGMENTATION


The global long term LNG market is segmented based on application. Based on application, long term LNG market is segmented into transportation, fuel, power generation and others.

IMPACT OF COVID-19 ON LONG TERM LNG MARKET


The COVID-19 pandemic has wreaked havoc on the logistics and supply chain industries, causing significant losses in the transportation sector, notably the shipping industry. When LNG storage tanks at Asian regasification terminals (especially in China and India) hit ""tank-top"" in 2021, a number of customers declared force majeure, claiming they were physically unable to receive any more LNG, causing the market to suffer. During the forecast period, factors such as rising demand for gas power generation and an increase in the number of LNG-fueled fleets are likely to boost the worldwide LNG market. During the projection period, however, LNG glut and trade tensions are expected to stifle market growth.

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 Long Term LNG 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 Long Term LNG 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 Long Term LNG 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 long term LNG market in these regions.
 

MARKET PLAYERS


The reports cover key developments in the long term LNG 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 long term LNG market are anticipated to lucrative growth opportunities in the future with the rising demand for long term LNG market. Below mentioned is the list of few companies engaged in the long term LNG market. 
The report also includes the profiles of key long term LNG 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.
  • British Petroleum (BP) p.l.c.
  • Chevron Corporation
  • China Petroleum & Chemical Corporation
  • Eni SpA
  • Equinor ASA
  • Exxon Mobil Corporation
  • Gazprom Energy
  • PetroChina Company Limited
  • Royal Dutch Shell PLC
  • Total S.A.
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. 

Long Term LNG Report Scope

Report Attribute Details
Market size in 2024 US$ XX million
Market Size by 2031 US$ XX Million
Global CAGR (2025 - 2031) XX%
Historical Data 2021-2023
Forecast period 2025-2031
Segments Covered By Application
  • Transportation
  • Fuel
  • Power Generation
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • British Petroleum (BP) p.l.c.
  • Chevron Corporation
  • China Petroleum and Chemical Corporation
  • Eni SpA
  • Equinor ASA
  • Exxon Mobil Corporation
  • Gazprom Energy
  • PetroChina Company Limited
  • Royal Dutch Shell PLC
  • Nivedita Upadhyay
    Manager,
    Market Research & Consulting

    Nivedita is an accomplished research professional with over 9 years of experience in Market Research and Business Consulting. Currently serving as a Project Manager in the ICT domain at The Insight Partners, she brings deep expertise in managing and executing Syndicated, Custom, Subscription-based, and Consulting research assignments across diverse technology sectors.

    With a proven track record of delivering data-driven analysis and actionable insights, Nivedita has been a key contributor to several critical projects. Her work involves end-to-end project execution—right from understanding client objectives, analyzing market trends, to deriving strategic recommendations. She has collaborated extensively with leading ICT companies, helping them identify market opportunities and navigate industry shifts.

    Nivedita holds an MBA in Management from IMS, Dehradun. Prior to joining The Insight Partners, she gained valuable experience at MarketsandMarkets and Future Market Insights in Pune, where she held various research roles and built a strong foundation in industry analysis and client engagement.

    • Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
    • PEST and SWOT Analysis
    • Market Size Value / Volume - Global, Regional, Country
    • Industry and Competitive Landscape
    • Excel Dataset

    Testimonials

    Reason to Buy

    • Informed Decision-Making
    • Understanding Market Dynamics
    • Competitive Analysis
    • Identifying Emerging Markets
    • Customer Insights
    • Market Forecasts
    • Risk Mitigation
    • Boosting Operational Efficiency
    • Strategic Planning
    • Investment Justification
    • Tracking Industry Innovations
    • Aligning with Regulatory Trends
    Our Clients
    Sales Assistance
    US: +1-646-491-9876
    UK: +44-20-8125-4005
    Email: sales@theinsightpartners.com
    Chat with us
    DUNS Logo
    87-673-9708
    ISO Certified Logo
    ISO 9001:2015
    ISO Certified Logo