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Chart Industries, Inc.
Chiyoda Corporation
ENGIE SA
Excelerate Energy Inc.
Gasum Oy
Honeywell International Inc.
Linde plc
Shell plc
Sofregaz
TotalEnergies SE
Wartsila Corporation
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The global small-scale LNG market size is expected to reach USD 210.56 billion by 2034, according to a new study by Polaris Market Research. The report "Small-Scale LNG Market Size, Share, Trends, Industry Analysis Report By Mode of Supply (Trucks, Trans-shipment & Bunkering, Others), By Type, By Application, By Region - Market Forecast, 2025-2034" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The small-scale LNG market involves the production, distribution, and use of liquefied natural gas (LNG) in smaller volumes, typically for applications that are not connected to large pipeline infrastructure. This approach allows for the efficient supply of natural gas to diverse end-users, including industrial facilities, remote communities, and transportation sectors, particularly where extensive pipeline networks are not economically viable. It essentially creates a "virtual pipeline" for natural gas delivery, making cleaner energy accessible to a wider range of customers.
The small-scale LNG market is positively impacted by the increasing global emphasis on environmental sustainability and the adoption of stricter emission regulations. This has spurred demand for LNG as a cleaner alternative to traditional fossil fuels, especially in shipping and heavy-duty transportation. Additionally, the need for enhanced energy security and diversified energy sources in remote or isolated regions propels the market. Technological advancements in modular liquefaction and regasification units are making small-scale LNG projects more feasible and cost-effective, expanding its potential applications and overall market demand.
Small-Scale LNG Market Report Highlights:
By mode of supply, the trucks segment held the largest share in 2024, due to their flexibility and ability to deliver LNG to a wide range of end-users, especially in areas not served by pipeline infrastructure. This widespread accessibility makes truck transport crucial for supporting decentralized demand.
By type, liquefaction terminals held the largest share in 2024 as they are fundamental for converting natural gas into LNG, enabling its efficient storage and transportation to diverse markets. Their role in monetizing natural gas and facilitating its use in remote locations underpins their market leadership.
By application, the transportation segment held the largest share in 2024, driven by the increasing adoption of LNG as a cleaner fuel for heavy-duty vehicles and marine vessels. This shift is motivated by environmental regulations and the pursuit of more sustainable fuel alternatives in the transport sector.
The Asia Pacific held the largest share in 2024, fueled by soaring energy demand, industrialization, and efforts to improve energy access in remote areas.
A few key players in the market include Shell plc; Linde plc; Wartsila Corporation; Honeywell International Inc.; TotalEnergies SE; ENGIE SA; Chart Industries, Inc.; Gasum Oy; Sofregaz; Excelerate Energy Inc.; and Chiyoda Corporation.
Polaris Market Research has segmented the small-scale LNG market report on the basis of mode of supply, type, application, and region:
By Mode of Supply Outlook (Revenue - USD Billion, 2020-2034)
Trucks
Trans-shipment & Bunkering
Others
By Type Outlook (Revenue - USD Billion, 2020-2034)
Liquefication Terminal
Regasification Terminal
By Application Outlook (Revenue - USD Billion, 2020-2034)
Transportation
Industrial Feedstock
Power Generation
Other Applications
By Regional Outlook (Revenue - USD Billion, 2020-2034)
North America
U.S.
Canada
Europe
Germany
France
UK
Italy
Spain
Netherlands
Russia
Rest of Europe
Asia Pacific
China
Japan
India
Malaysia
South Korea
Indonesia
Australia
Vietnam
Rest of Asia Pacific
Middle East & Africa
Saudi Arabia
UAE
Israel
South Africa
Rest of Middle East & Africa
Latin America
Mexico
Brazil
Argentina
Rest of Latin America
Table of Contents
1. Introduction
1.1. Report Description
1.1.1. Objectives of the Study
1.1.2. Market Scope
1.1.3. Assumptions
1.2. Stakeholders
2. Executive Summary
2.1. Market Highlights
3. Research Methodology
3.1. Overview
3.1.1. Data Mining
3.2. Data Source
3.2.1. Primary Source
3.2.2. Secondary Source
4. Global Small-Scale LNG Market Insights
4.1. Small-Scale LNG Market - Market Snapshot
4.2. Small-Scale LNG Market Dynamics
4.2.1. Drivers and Opportunities
4.2.1.1. Growing Environmental Regulations
4.2.1.2. Cost-Effectiveness and Energy Security
4.2.2. Restraints and Challenges
4.2.2.1. Infrastructure Limitations
4.3. Porter's Five Forces Analysis
4.3.1. Bargaining Power of Suppliers (Moderate)
4.3.2. Threats of New Entrants: (Low)
4.3.3. Bargaining Power of Buyers (Moderate)
4.3.4. Threat of Substitute (Moderate)
4.3.5. Rivalry among existing firms (High)
4.4. PESTEL Analysis
4.5. Small-Scale LNG Market Application Trends
4.6. Value Chain Analysis
4.7. COVID-19 Impact Analysis
5. Global Small-Scale LNG Market, by Mode of Supply
5.1. Key Findings
5.2. Introduction
5.2.1. Global Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
5.3. Trucks
5.3.1. Global Small-Scale LNG Market, by Trucks, by Region, 2020-2034 (USD Billion)
5.4. Trans-shipment & Bunkering
5.4.1. Global Small-Scale LNG Market, by Trans-shipment & Bunkering, by Region, 2020-2034 (USD Billion)
5.5. Others
5.5.1. Global Small-Scale LNG Market, by Others, by Region, 2020-2034 (USD Billion)
6. Global Small-Scale LNG Market, by Type
6.1. Key Findings
6.2. Introduction
6.2.1. Global Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
6.3. Liquefication Terminal
6.3.1. Global Small-Scale LNG Market, by Liquefication Terminal, by Region, 2020-2034 (USD Billion)
6.4. Regasification Terminal
6.4.1. Global Small-Scale LNG Market, by Regasification Terminal, by Region, 2020-2034 (USD Billion)
7. Global Small-Scale LNG Market, by Application
7.1. Key Findings
7.2. Introduction
7.2.1. Global Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
7.3. Transportation
7.3.1. Global Small-Scale LNG Market, by Transportation, by Region, 2020-2034 (USD Billion)
7.4. Industrial Feedstock
7.4.1. Global Small-Scale LNG Market, by Industrial Feedstock, by Region, 2020-2034 (USD Billion)
7.5. Power Generation
7.5.1. Global Small-Scale LNG Market, by Power Generation, by Region, 2020-2034 (USD Billion)
7.6. Other Applications
7.6.1. Global Small-Scale LNG Market, by Other Applications, by Region, 2020-2034 (USD Billion)
8. Global Small-Scale LNG Market, by Geography
8.1. Key Findings
8.2. Introduction
8.2.1. Small-Scale LNG Market Assessment, By Geography, 2020-2034 (USD Billion)
8.3. Small-Scale LNG Market - North America
8.3.1. North America: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.3.2. North America: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.3.3. North America: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.3.4. Small-Scale LNG Market - U.S.
8.3.4.1. U.S.: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.3.4.2. U.S.: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.3.4.3. U.S.: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.3.5. Small-Scale LNG Market - Canada
8.3.5.1. Canada: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.3.5.2. Canada: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.3.5.3. Canada: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.4. Small-Scale LNG Market - Europe
8.4.1. Europe: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.4.2. Europe: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.4.3. Europe: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.4.4. Small-Scale LNG Market - UK
8.4.4.1. UK: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.4.4.2. UK: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.4.4.3. UK: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.4.5. Small-Scale LNG Market - France
8.4.5.1. France: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.4.5.2. France: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.4.5.3. France: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.4.6. Small-Scale LNG Market - Germany
8.4.6.1. Germany: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.4.6.2. Germany: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.4.6.3. Germany: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.4.7. Small-Scale LNG Market - Italy
8.4.7.1. Italy: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.4.7.2. Italy: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.4.7.3. Italy: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.4.8. Small-Scale LNG Market - Spain
8.4.8.1. Spain: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.4.8.2. Spain: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.4.8.3. Spain: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.4.9. Small-Scale LNG Market - Netherlands
8.4.9.1. Netherlands: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.4.9.2. Netherlands: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.4.9.3. Netherlands: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.4.10. Small-Scale LNG Market - Russia
8.4.10.1. Russia: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.4.10.2. Russia: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.4.10.3. Russia: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.4.11. Small-Scale LNG Market - Rest of Europe
8.4.11.1. Rest of Europe: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.4.11.2. Rest of Europe: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.4.11.3. Rest of Europe: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.5. Small-Scale LNG Market - Asia Pacific
8.5.1. Asia Pacific: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.5.2. Asia Pacific: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.5.3. Asia Pacific: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.5.4. Small-Scale LNG Market - China
8.5.4.1. China: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.5.4.2. China: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.5.4.3. China: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.5.5. Small-Scale LNG Market - India
8.5.5.1. India: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.5.5.2. India: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.5.5.3. India: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.5.6. Small-Scale LNG Market - Malaysia
8.5.6.1. Malaysia: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.5.6.2. Malaysia: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.5.6.3. Malaysia: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.5.7. Small-Scale LNG Market - Japan
8.5.7.1. Japan: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.5.7.2. Japan: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.5.7.3. Japan: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.5.8. Small-Scale LNG Market - Indonesia
8.5.8.1. Indonesia: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.5.8.2. Indonesia: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.5.8.3. Indonesia: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.5.9. Small-Scale LNG Market - South Korea
8.5.9.1. South Korea: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.5.9.2. South Korea: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.5.9.3. South Korea: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.5.10. Small-Scale LNG Market - Australia
8.5.10.1. Australia: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.5.10.2. Australia: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.5.10.3. Australia: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.5.11. Small-Scale LNG Market - Rest of Asia Pacific
8.5.11.1. Rest of Asia Pacific: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.5.11.2. Rest of Asia Pacific: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.5.11.3. Rest of Asia Pacific: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.6. Small-Scale LNG Market - Middle East & Africa
8.6.1. Middle East & Africa: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.6.2. Middle East & Africa: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.6.3. Middle East & Africa: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.6.4. Small-Scale LNG Market - Saudi Arabia
8.6.4.1. Saudi Arabia: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.6.4.2. Saudi Arabia: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.6.4.3. Saudi Arabia: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.6.5. Small-Scale LNG Market - UAE
8.6.5.1. UAE: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.6.5.2. UAE: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.6.5.3. UAE: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.6.6. Small-Scale LNG Market - Israel
8.6.6.1. Israel: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.6.6.2. Israel: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.6.6.3. Israel: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.6.7. Small-Scale LNG Market - South Africa
8.6.7.1. South Africa: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.6.7.2. South Africa: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.6.7.3. South Africa: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.6.8. Small-Scale LNG Market - Rest of Middle East & Africa
8.6.8.1. Rest of Middle East & Africa: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.6.8.2. Rest of Middle East & Africa: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.6.8.3. Rest of Middle East & Africa: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.7. Small-Scale LNG Market - Latin America
8.7.1. Latin America: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.7.2. Latin America: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.7.3. Latin America: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.7.4. Small-Scale LNG Market - Mexico
8.7.4.1. Mexico: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.7.4.2. Mexico: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.7.4.3. Mexico: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.7.5. Small-Scale LNG Market - Brazil
8.7.5.1. Brazil: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.7.5.2. Brazil: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.7.5.3. Brazil: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.7.6. Small-Scale LNG Market - Argentina
8.7.6.1. Argentina: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.7.6.2. Argentina: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.7.6.3. Argentina: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)
8.7.7. Small-Scale LNG Market - Rest of Latin America
8.7.7.1. Rest of Latin America: Small-Scale LNG Market, by Mode of Supply, 2020-2034 (USD Billion)
8.7.7.2. Rest of Latin America: Small-Scale LNG Market, by Type, 2020-2034 (USD Billion)
8.7.7.3. Rest of Latin America: Small-Scale LNG Market, by Application, 2020-2034 (USD Billion)