Market Analysis and Insights: Global Floating LNG Power Vessel Market
Due to the COVID-19 pandemic, the global Floating LNG Power Vessel market size is estimated to be worth US$ 746.4 million in 2022 and is forecast to a readjusted size of US$ 896.5 million by 2028 with a CAGR of 3.1% during the review period. Fully considering the economic change by this health crisis, Power Barge accounting for % of the Floating LNG Power Vessel global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Power Generation System segment is altered to an % CAGR throughout this forecast period.
he Asia Pacific market is estimated to be the largest floating LNG power vessel market from 2018 to 2025. The growth of population in the Asia Pacific region has increased the demand for electricity, which is one of the major factors driving the floating LNG power vessel market. Also, the governments of several countries are spending heavily to meet the increased demand for power. For instance, Karpowership, one of the leading players in the power ship market, was awarded a contract by Myanmar Electric Power Generation Enterprise to provide an FPP in Rangoon, Myanmar. Such activities are expected to drive the floating LNG power vessel market in the region.
In terms of production side, this report researches the Floating LNG Power Vessel capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Floating LNG Power Vessel by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Floating LNG Power Vessel Scope and Segment
Floating LNG Power Vessel market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Floating LNG Power Vessel market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Power Barge
Power Ship
Segment by Application
Power Generation System
Power Distribution System
By Company
Waller Marine
Karpowership
Power Barge
Modec
Chiyoda
Wison Group
Samsung Heavy Industries
Sevan Marine
Hyundai Heavy Industries
IHI
Mitsui O.S.K. Lines
Mitsubishi Heavy Industries
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E