Floating Liquefied Natural Gas Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis
A floating liquefied natural gas (FLNG) facility serves as a floating storage and offloading facility that deploys liquefied natural gas (LNG) and conducts LNG operations for the development of offshore natural resources. An FLNG facility produces, liquefies, stores and transfers LNG at sea.
MARKET SCOPE
The "Global Floating Liquefied Natural Gas Market Analysis to 2031" is a specialized and in-depth study of the consumer goods industry with a particular focus on global market trend analysis. The report aims to provide an overview of the Floating Liquefied Natural Gas Market with detailed market segmentation into by technology, by capacity, and by region. The Floating Liquefied Natural Gas Market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading Floating Liquefied Natural Gas Market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The Floating Liquefied Natural Gas Market has been segmented into by technology and by capacity. By technology the market has been bifurcated into LNG, FPSO, FSRU, and others. By capacity the market has been bifurcated into small scale, mid-scale and large scale.
MARKET DYNAMICS
Growth Factors
Restraints
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia- Pacific (APAC), Middle East and Africa (MEA), and South America. The Floating Liquefied Natural Gas Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Floating Liquefied Natural Gas Market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive best analysis for all five regions, namely; North America, Europe APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the District Heating Pipeline Network in these regions.
Impact of Covid 19 on Floating Liquefied Natural Gas Market
The Floating Liquefied Natural Gas Market was impacted significantly due to the Covid 19 pandemic. As there was a rise in the number of cases several governments and regulatory authorities imposed strict regulations and mass lockdowns. The pandemic has hampered the FLNG supply chain, particularly in terms of raw material. Travel restrictions and lockdowns resulted in less production of FLNG and there was a decline in the demand as well which had an impact on the Floating Liquefied Natural Gas Market. As the number of cases are on a decline the market is expected to grow in the coming years.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia- Pacific (APAC), Middle East and Africa (MEA), and South America. The Floating Liquefied Natural Gas Market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the Floating Liquefied Natural Gas Market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive best analysis for all five regions, namely; North America, Europe APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the District Heating Pipeline Network in these regions.
Impact of Covid 19 on Floating Liquefied Natural Gas Market
The Floating Liquefied Natural Gas Market was impacted significantly due to the Covid 19 pandemic. As there was a rise in the number of cases several governments and regulatory authorities imposed strict regulations and mass lockdowns. The pandemic has hampered the FLNG supply chain, particularly in terms of raw material. Travel restrictions and lockdowns resulted in less production of FLNG and there was a decline in the demand as well which had an impact on the Floating Liquefied Natural Gas Market. As the number of cases are on a decline the market is expected to grow in the coming years.
MARKET PLAYERS
The report covers vital developments in the Floating Liquefied Natural Gas 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 partnerships and collaborations. These activities have paved the way for the expansion of businesses and the customer base of market players. The market players from the Floating Liquefied Natural Gas Market are anticipated to have lucrative growth opportunities in the future with the rising demand for Floating Liquefied Natural Gas Market. Below mentioned is the list of a few companies engaged in the Floating Liquefied Natural Gas Market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the Floating Liquefied Natural Gas Market. Decide the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- Royal Dutch Shell
- GC Corporation
- Exmar
- Hoegh LNG
- PETRONAS
- Excelerate Energy
- Golar LNG
- Chiyoda Corporation
- Bechtel Corporation
- Bluewater
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1.INTRODUCTION
1.1.SCOPE OF THE STUDY
1.2.THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3.MARKET SEGMENTATION
1.3.1Floating Liquefied Natural Gas Market - By Technology
1.3.2Floating Liquefied Natural Gas Market - By Capacity
1.3.3Floating Liquefied Natural Gas Market - By Region
1.3.3.1By Country
2.KEY TAKEAWAYS
3.RESEARCH METHODOLOGY
4.FLOATING LIQUEFIED NATURAL GAS MARKET LANDSCAPE
4.1.OVERVIEW
4.2.PEST ANALYSIS
4.2.1North America - Pest Analysis
4.2.2Europe - Pest Analysis
4.2.3Asia-Pacific - Pest Analysis
4.2.4Middle East and Africa - Pest Analysis
4.2.5South and Central America - Pest Analysis
4.3.EXPERT OPINIONS
5.FLOATING LIQUEFIED NATURAL GAS MARKET - KEY MARKET DYNAMICS
5.1.KEY MARKET DRIVERS
5.2.KEY MARKET RESTRAINTS
5.3.KEY MARKET OPPORTUNITIES
5.4.FUTURE TRENDS
5.5.IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6.FLOATING LIQUEFIED NATURAL GAS MARKET - GLOBAL MARKET ANALYSIS
6.1.FLOATING LIQUEFIED NATURAL GAS - GLOBAL MARKET OVERVIEW
6.2.FLOATING LIQUEFIED NATURAL GAS - GLOBAL MARKET AND FORECAST TO 2028
6.3.MARKET POSITIONING
7.FLOATING LIQUEFIED NATURAL GAS MARKET - REVENUE AND FORECASTS TO 2028 " TECHNOLOGY
7.1.OVERVIEW
7.2.TECHNOLOGY MARKET FORECASTS AND ANALYSIS
7.3.LNG
7.3.1.Overview
7.3.2.LNG Market Forecast and Analysis
7.4.FPSO
7.4.1.Overview
7.4.2.FPSO Market Forecast and Analysis
7.5.FSRU
7.5.1.Overview
7.5.2.FSRU Market Forecast and Analysis
7.6.OTHERS
7.6.1.Overview
7.6.2.Others Market Forecast and Analysis
8.FLOATING LIQUEFIED NATURAL GAS MARKET - REVENUE AND FORECASTS TO 2028 " CAPACITY
8.1.OVERVIEW
8.2.CAPACITY MARKET FORECASTS AND ANALYSIS
8.3.SMALL SCALE
8.3.1.Overview
8.3.2.Small Scale Market Forecast and Analysis
8.4.MID-SCALE
8.4.1.Overview
8.4.2.Mid-Scale Market Forecast and Analysis
8.5.LARGE SCALE
8.5.1.Overview
8.5.2.Large Scale Market Forecast and Analysis
9.FLOATING LIQUEFIED NATURAL GAS MARKET REVENUE AND FORECASTS TO 2028 " GEOGRAPHICAL ANALYSIS
9.1.NORTH AMERICA
9.1.1North America Floating Liquefied Natural Gas Market Overview
9.1.2North America Floating Liquefied Natural Gas Market Forecasts and Analysis
9.1.3North America Floating Liquefied Natural Gas Market Forecasts and Analysis - By Technology
9.1.4North America Floating Liquefied Natural Gas Market Forecasts and Analysis - By Capacity
9.1.5North America Floating Liquefied Natural Gas Market Forecasts and Analysis - By Countries
9.1.5.1United States Floating Liquefied Natural Gas Market
9.1.5.1.1United States Floating Liquefied Natural Gas Market by Technology
9.1.5.1.2United States Floating Liquefied Natural Gas Market by Capacity
9.1.5.2Canada Floating Liquefied Natural Gas Market
9.1.5.2.1Canada Floating Liquefied Natural Gas Market by Technology
9.1.5.2.2Canada Floating Liquefied Natural Gas Market by Capacity
9.1.5.3Mexico Floating Liquefied Natural Gas Market
9.1.5.3.1Mexico Floating Liquefied Natural Gas Market by Technology
9.1.5.3.2Mexico Floating Liquefied Natural Gas Market by Capacity
9.2.EUROPE
9.2.1Europe Floating Liquefied Natural Gas Market Overview
9.2.2Europe Floating Liquefied Natural Gas Market Forecasts and Analysis
9.2.3Europe Floating Liquefied Natural Gas Market Forecasts and Analysis - By Technology
9.2.4Europe Floating Liquefied Natural Gas Market Forecasts and Analysis - By Capacity
9.2.5Europe Floating Liquefied Natural Gas Market Forecasts and Analysis - By Countries
9.2.5.1Germany Floating Liquefied Natural Gas Market
9.2.5.1.1Germany Floating Liquefied Natural Gas Market by Technology
9.2.5.1.2Germany Floating Liquefied Natural Gas Market by Capacity
9.2.5.2France Floating Liquefied Natural Gas Market
9.2.5.2.1France Floating Liquefied Natural Gas Market by Technology
9.2.5.2.2France Floating Liquefied Natural Gas Market by Capacity
9.2.5.3Italy Floating Liquefied Natural Gas Market
9.2.5.3.1Italy Floating Liquefied Natural Gas Market by Technology
9.2.5.3.2Italy Floating Liquefied Natural Gas Market by Capacity
9.2.5.4Spain Floating Liquefied Natural Gas Market
9.2.5.4.1Spain Floating Liquefied Natural Gas Market by Technology
9.2.5.4.2Spain Floating Liquefied Natural Gas Market by Capacity
9.2.5.5United Kingdom Floating Liquefied Natural Gas Market
9.2.5.5.1United Kingdom Floating Liquefied Natural Gas Market by Technology
9.2.5.5.2United Kingdom Floating Liquefied Natural Gas Market by Capacity
9.2.5.6Russia Floating Liquefied Natural Gas Market
9.2.5.6.1Russia Floating Liquefied Natural Gas Market by Technology
9.2.5.6.2Russia Floating Liquefied Natural Gas Market by Capacity
9.2.5.7Rest of Europe Floating Liquefied Natural Gas Market
9.2.5.7.1Rest of Europe Floating Liquefied Natural Gas Market by Technology
9.2.5.7.2Rest of Europe Floating Liquefied Natural Gas Market by Capacity
9.3.ASIA-PACIFIC
9.3.1Asia-Pacific Floating Liquefied Natural Gas Market Overview
9.3.2Asia-Pacific Floating Liquefied Natural Gas Market Forecasts and Analysis
9.3.3Asia-Pacific Floating Liquefied Natural Gas Market Forecasts and Analysis - By Technology
9.3.4Asia-Pacific Floating Liquefied Natural Gas Market Forecasts and Analysis - By Capacity
9.3.5Asia-Pacific Floating Liquefied Natural Gas Market Forecasts and Analysis - By Countries
9.3.5.1Australia Floating Liquefied Natural Gas Market
9.3.5.1.1Australia Floating Liquefied Natural Gas Market by Technology
9.3.5.1.2Australia Floating Liquefied Natural Gas Market by Capacity
9.3.5.2China Floating Liquefied Natural Gas Market
9.3.5.2.1China Floating Liquefied Natural Gas Market by Technology
9.3.5.2.2China Floating Liquefied Natural Gas Market by Capacity
9.3.5.3India Floating Liquefied Natural Gas Market
9.3.5.3.1India Floating Liquefied Natural Gas Market by Technology
9.3.5.3.2India Floating Liquefied Natural Gas Market by Capacity
9.3.5.4Japan Floating Liquefied Natural Gas Market
9.3.5.4.1Japan Floating Liquefied Natural Gas Market by Technology
9.3.5.4.2Japan Floating Liquefied Natural Gas Market by Capacity
9.3.5.5South Korea Floating Liquefied Natural Gas Market
9.3.5.5.1South Korea Floating Liquefied Natural Gas Market by Technology
9.3.5.5.2South Korea Floating Liquefied Natural Gas Market by Capacity
9.3.5.6Rest of Asia-Pacific Floating Liquefied Natural Gas Market
9.3.5.6.1Rest of Asia-Pacific Floating Liquefied Natural Gas Market by Technology
9.3.5.6.2Rest of Asia-Pacific Floating Liquefied Natural Gas Market by Capacity
9.4.MIDDLE EAST AND AFRICA
9.4.1Middle East and Africa Floating Liquefied Natural Gas Market Overview
9.4.2Middle East and Africa Floating Liquefied Natural Gas Market Forecasts and Analysis
9.4.3Middle East and Africa Floating Liquefied Natural Gas Market Forecasts and Analysis - By Technology
9.4.4Middle East and Africa Floating Liquefied Natural Gas Market Forecasts and Analysis - By Capacity
9.4.5Middle East and Africa Floating Liquefied Natural Gas Market Forecasts and Analysis - By Countries
9.4.5.1South Africa Floating Liquefied Natural Gas Market
9.4.5.1.1South Africa Floating Liquefied Natural Gas Market by Technology
9.4.5.1.2South Africa Floating Liquefied Natural Gas Market by Capacity
9.4.5.2Saudi Arabia Floating Liquefied Natural Gas Market
9.4.5.2.1Saudi Arabia Floating Liquefied Natural Gas Market by Technology
9.4.5.2.2Saudi Arabia Floating Liquefied Natural Gas Market by Capacity
9.4.5.3U.A.E Floating Liquefied Natural Gas Market
9.4.5.3.1U.A.E Floating Liquefied Natural Gas Market by Technology
9.4.5.3.2U.A.E Floating Liquefied Natural Gas Market by Capacity
9.4.5.4Rest of Middle East and Africa Floating Liquefied Natural Gas Market
9.4.5.4.1Rest of Middle East and Africa Floating Liquefied Natural Gas Market by Technology
9.4.5.4.2Rest of Middle East and Africa Floating Liquefied Natural Gas Market by Capacity
9.5.SOUTH AND CENTRAL AMERICA
9.5.1South and Central America Floating Liquefied Natural Gas Market Overview
9.5.2South and Central America Floating Liquefied Natural Gas Market Forecasts and Analysis
9.5.3South and Central America Floating Liquefied Natural Gas Market Forecasts and Analysis - By Technology
9.5.4South and Central America Floating Liquefied Natural Gas Market Forecasts and Analysis - By Capacity
9.5.5South and Central America Floating Liquefied Natural Gas Market Forecasts and Analysis - By Countries
9.5.5.1Brazil Floating Liquefied Natural Gas Market
9.5.5.1.1Brazil Floating Liquefied Natural Gas Market by Technology
9.5.5.1.2Brazil Floating Liquefied Natural Gas Market by Capacity
9.5.5.2Argentina Floating Liquefied Natural Gas Market
9.5.5.2.1Argentina Floating Liquefied Natural Gas Market by Technology
9.5.5.2.2Argentina Floating Liquefied Natural Gas Market by Capacity
9.5.5.3Rest of South and Central America Floating Liquefied Natural Gas Market
9.5.5.3.1Rest of South and Central America Floating Liquefied Natural Gas Market by Technology
9.5.5.3.2Rest of South and Central America Floating Liquefied Natural Gas Market by Capacity
10.INDUSTRY LANDSCAPE
10.1.MERGERS AND ACQUISITIONS
10.2.AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3.NEW PRODUCT LAUNCHES
10.4.EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11.FLOATING LIQUEFIED NATURAL GAS MARKET, KEY COMPANY PROFILES
11.1.ROYAL DUTCH SHELL
11.1.1.Key Facts
11.1.2.Business Description
11.1.3.Products and Services
11.1.4.Financial Overview
11.1.5.SWOT Analysis
11.1.6.Key Developments
11.2.GC CORPORATION
11.2.1.Key Facts
11.2.2.Business Description
11.2.3.Products and Services
11.2.4.Financial Overview
11.2.5.SWOT Analysis
11.2.6.Key Developments
11.3.EXMAR
11.3.1.Key Facts
11.3.2.Business Description
11.3.3.Products and Services
11.3.4.Financial Overview
11.3.5.SWOT Analysis
11.3.6.Key Developments
11.4.HOEGH LNG
11.4.1.Key Facts
11.4.2.Business Description
11.4.3.Products and Services
11.4.4.Financial Overview
11.4.5.SWOT Analysis
11.4.6.Key Developments
11.5.PETRONAS
11.5.1.Key Facts
11.5.2.Business Description
11.5.3.Products and Services
11.5.4.Financial Overview
11.5.5.SWOT Analysis
11.5.6.Key Developments
11.6.EXCELERATE ENERGY
11.6.1.Key Facts
11.6.2.Business Description
11.6.3.Products and Services
11.6.4.Financial Overview
11.6.5.SWOT Analysis
11.6.6.Key Developments
11.7.GOLAR LNG
11.7.1.Key Facts
11.7.2.Business Description
11.7.3.Products and Services
11.7.4.Financial Overview
11.7.5.SWOT Analysis
11.7.6.Key Developments
11.8.CHIYODA CORPORATION
11.8.1.Key Facts
11.8.2.Business Description
11.8.3.Products and Services
11.8.4.Financial Overview
11.8.5.SWOT Analysis
11.8.6.Key Developments
11.9.BECHTEL CORPORATION
11.9.1.Key Facts
11.9.2.Business Description
11.9.3.Products and Services
11.9.4.Financial Overview
11.9.5.SWOT Analysis
11.9.6.Key Developments
11.10.BLUEWATER
11.10.1.Key Facts
11.10.2.Business Description
11.10.3.Products and Services
11.10.4.Financial Overview
11.10.5.SWOT Analysis
11.10.6.Key Developments
12.APPENDIX
12.1.ABOUT THE INSIGHT PARTNERS
12.2.GLOSSARY OF TERMS
1.Royal Dutch Shell
2.GC Corporation
3.Exmar
4.Hoegh LNG
5.PETRONAS
6.Excelerate Energy
7.Golar LNG
8.Chiyoda Corporation
9.Bechtel Corporation
10.Bluewater
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.