Global FGSS Module Supply, Demand and Key Producers, 2026-2032

The global FGSS Module market size is expected to reach $ 5634 million by 2032, rising at a market growth of 19.4% CAGR during the forecast period (2026-2032).

The fuel gas supply system (FGSS) Module is a gas-propelled ship’s fuel supply system. It is a system that makes LNG and BOG within the ship’s tank into a condition of engine fuel supply. The fuel gas supply system consists of an LNG fuel tank, an LNG pumping system, a BOG compressing system, an LNG heating system, a BOG heating (cooling) system, a heating medium circulation system, a bunkering system, and a venting system. The FGSS Module industry can be broken down into several segments, Low Pressure, High Pressure, etc.

Driven by the IMO 2030/2050 emissions reduction regulations, the global fuel gas supply system (FGSS) module market is experiencing structural growth. Key manufacturers of fuel gas supply systems (FGSS) include Høglund Marine Solutions, LGM Engineering (Gloryholders), Wartsila, Mitsubishi Shipbuilding, and CSSC. China Shipbuilding Group primarily includes Qingdao Shuangrui, 708 Research Institute, Guangzhou Shipyard International, and 711 Research Institute. The top five manufacturers hold over 95% of the global market share. Market share fluctuates significantly from year to year, primarily driven by backlog orders. Asian shipyards dominate demand, with China, Japan, and South Korea accounting for 90% of global orders for new dual-fuel vessels.

With the surge in global demand for new energy vehicles, PCTC vessel construction has seen explosive growth. Due to relatively stable shipping routes, newly implemented PCTC vessels worldwide in recent years have all used LNG and other alternative fuels as their primary fuel, primarily in the downstream market. Selecting FGSS manufacturers with robust product technology, reliable quality, and guaranteed service has become a strong priority for downstream manufacturers.

This report studies the global FGSS Module production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for FGSS Module and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2025 as the base year. This report explores demand trends and competition, as well as details the characteristics of FGSS Module that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global FGSS Module total production and demand, 2021-2032, (Units)

Global FGSS Module total production value, 2021-2032, (USD Million)

Global FGSS Module production by region & country, production, value, CAGR, 2021-2032, (USD Million) & (Units), (based on production site)

Global FGSS Module consumption by region & country, CAGR, 2021-2032 & (Units)

U.S. VS China: FGSS Module domestic production, consumption, key domestic manufacturers and share

Global FGSS Module production by manufacturer, production, price, value and market share 2021-2026, (USD Million) & (Units)

Global FGSS Module production by Type, production, value, CAGR, 2021-2032, (USD Million) & (Units)

Global FGSS Module production by Application, production, value, CAGR, 2021-2032, (USD Million) & (Units)

This report profiles key players in the global FGSS Module market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include LGM Engineering (Gloryholders), Wartsila, DongHwa Entec, MAN Energy Solutions, Høglund Marine Solutions, MHI, TGE Marine Gas Engineering, Kongsberg Maritime, CSSC, Headway Technology Group (Qingdao) Co., Ltd., etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World FGSS Module market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Units) and average price (M US$/Unit) by manufacturer, by Type, and by Application. Data is given for the years 2021-2032 by year with 2025 as the base year, 2026 as the estimate year, and 2027-2032 as the forecast year.

Global FGSS Module Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global FGSS Module Market, Segmentation by Type:
Low Pressure
High Pressure

Global FGSS Module Market, Segmentation by Application:
Cargo Ship
Cruise Ship
Others

Companies Profiled:
LGM Engineering (Gloryholders)
Wartsila
DongHwa Entec
MAN Energy Solutions
Høglund Marine Solutions
MHI
TGE Marine Gas Engineering
Kongsberg Maritime
CSSC
Headway Technology Group (Qingdao) Co., Ltd.
Alfa Laval
Auramarine
C-LNG Solutions Pte. Ltd

Key Questions Answered:

1. How big is the global FGSS Module market?

2. What is the demand of the global FGSS Module market?

3. What is the year over year growth of the global FGSS Module market?

4. What is the production and production value of the global FGSS Module market?

5. Who are the key producers in the global FGSS Module market?

6. What are the growth factors driving the market demand? Show more