Europe Small Scale Lng Market Size & Outlook, 2023-2030
The small scale lng market in Europe is expected to reach a projected revenue of US$ 33,110.0 million by 2030. A compound annual growth rate of 13.9% is expected of Europe small scale lng market from 2024 to 2030.
Revenue, 2023 (US$M)
$13,320.0
Forecast, 2030 (US$M)
$33,110.0
CAGR, 2024 - 2030
13.9%
Report Coverage
Europe
Europe small scale lng market highlights
- The Europe small scale lng market generated a revenue of USD 13,320.0 million in 2023.
- The market is expected to grow at a CAGR of 13.9% from 2024 to 2030.
- In terms of segment, liquefaction terminal was the largest revenue generating type in 2023.
- Liquefaction Terminal is the most lucrative type segment registering the fastest growth during the forecast period.
Europe data book summary
| Market revenue in 2023 | USD 13,320.0 million |
| Market revenue in 2030 | USD 33,110.0 million |
| Growth rate | 13.9% (CAGR from 2024 to 2030) |
| Largest segment | Liquefaction terminal |
| Fastest growing segment | Liquefaction Terminal |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Liquefaction Terminal |
| Key market players worldwide | New Fortress Energy Inc Class A, Pavilion Energy, DESFA, Berkshire Hathaway Inc Class A, Honeywell International Inc, Excelerate Energy, Chiyoda Corporation, Linde PLC, Nikkiso Co Ltd, Petronet LNG, Stabilis Energy, Shanghai Lianfeng |
Other key industry trends
- In terms of revenue, Europe region accounted for 25.4% of the global small scale lng market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 53,100.0 million by 2030.
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Small Scale LNG Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Shanghai Lianfeng | View profile | 101-250 | Jiading, Shanghai, China, Asia | http://www.shlianfeng.cn/ |
| Stabilis Energy | View profile | 51-100 | Beaumont, Texas, United States, North America | https://stabilis-solutions.com |
| Chiyoda Corporation | View profile | 5001-10000 | Yokohama, Kanagawa, Japan, Asia | https://www.chiyodacorp.com/ |
| Excelerate Energy | View profile | 501-1000 | The Woodlands, Texas, United States, North America | http://excelerateenergy.com |
| DESFA | View profile | 501-1000 | Chalandry-élaire, Champagne-Ardenne, France, Europe | http://www.desfa.gr/ |
| Pavilion Energy | View profile | 51-100 | Singapore, Central Region, Singapore, Asia | https://www.pavilionenergy.com/ |
| Petronet LNG | View profile | 501-1000 | New Delhi, Delhi, India, Asia | http://www.petronetlng.com/ |
| New Fortress Energy Inc Class A | View profile | 713 | 111 W. 19th Street, 8th Floor, New York, NY, United States, 10011 | https://www.newfortressenergy.com |
| Berkshire Hathaway Inc Class A | View profile | 396500 | 3555 Farnam Street, Omaha, NE, United States, 68131 | https://www.berkshirehathaway.com |
| Linde PLC | View profile | 66195 | 10 Riverview Drive, Danbury, CT, United States, 06810 | https://www.linde.com |
| Nikkiso Co Ltd | View profile | 8529 | 4-20-3, Ebisu, Shibuya-ku, Tokyo, Japan, 150-6022 | http://www.nikkiso.co.jp |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
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