Global LNG Floating Storage Regasification Unit (FSRU) Market 2025 by Company, Regions, Type and Application, Forecast to 2031
Description
According to our (Global Info Research) latest study, the global LNG Floating Storage Regasification Unit (FSRU) market size was valued at US$ 397 million in 2024 and is forecast to a readjusted size of USD 1515 million by 2031 with a CAGR of 21.8% during review period.
LNG floating storage and regasification unit is an offshore energy equipment that integrates liquefied natural gas storage, transportation and regasification, with the advantages of flexible deployment, short construction period and low investment cost. FSRU is usually composed of a modified LNG carrier or a dedicated new hull, equipped with large LNG storage tanks, regasification equipment and related auxiliary systems, which can regasify low-temperature liquid natural gas (about -162℃) into normal temperature gaseous natural gas and transport it to land receiving stations or end users through submarine pipelines.
Market Trends
FSRU is a floating facility that integrates storage and regasification functions, which can be quickly deployed and meet temporary or long-term natural gas needs. FSRU provides a flexible and cost-effective solution for developing countries and regions that do not have fixed land receiving stations, especially in Southeast Asia, Africa and Latin America, which are experiencing rapid industrialization and urbanization, and the demand for energy is increasing sharply. The advancement of FSRU technology has further improved its cost-effectiveness, while shortening the project cycle and accelerating the market's response.
Market Disadvantages
Although FSRU is generally less expensive than traditional onshore LNG receiving stations, it still requires huge capital investment, including construction, leasing and operating expenses, which may be an obstacle for some countries or companies with limited budgets. Although FSRU can provide a fast-deployment solution, its processing capacity and flexibility are still relatively limited compared to fixed receiving stations, especially in high-demand areas, and may not be able to fully meet the needs of large-scale supply.
Market Outlook
The development of new materials and new processes will further optimize the design and manufacturing of FSRU, reduce production costs, improve cost-effectiveness, and make it more competitive in the market. For example, the application of intelligent monitoring systems and automated control technologies can significantly improve the operating efficiency and safety of facilities. As the global focus on sustainable development continues to deepen, green energy has become an important direction for the development of the industry. Manufacturers are exploring how to reduce the carbon footprint of FSRU during production and operation, and adopt more environmentally friendly technologies and materials to meet increasingly stringent environmental standards. In addition, the growth of international trade has brought new export opportunities for FSRU, especially with the surge in demand for infrastructure construction and industrial upgrading in countries and regions along the "Belt and Road".
This report is a detailed and comprehensive analysis for global LNG Floating Storage Regasification Unit (FSRU) market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global LNG Floating Storage Regasification Unit (FSRU) market size and forecasts, in consumption value ($ Million), 2020-2031
Global LNG Floating Storage Regasification Unit (FSRU) market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global LNG Floating Storage Regasification Unit (FSRU) market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global LNG Floating Storage Regasification Unit (FSRU) market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for LNG Floating Storage Regasification Unit (FSRU)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global LNG Floating Storage Regasification Unit (FSRU) market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hanwha Ocean, Hyundai Heavy Industries, Samsung Heavy Industries, Hudong-Zhonghua Shipbuilding, Seatrium, Keppel, CSSC, Wison Group, CIMC SOE, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
LNG Floating Storage Regasification Unit (FSRU) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Conventional Ships
Large Ships
Market segment by Application
Self-use
Vessel Charter
Market segment by players, this report covers
Hanwha Ocean
Hyundai Heavy Industries
Samsung Heavy Industries
Hudong-Zhonghua Shipbuilding
Seatrium
Keppel
CSSC
Wison Group
CIMC SOE
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe LNG Floating Storage Regasification Unit (FSRU) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of LNG Floating Storage Regasification Unit (FSRU), with revenue, gross margin, and global market share of LNG Floating Storage Regasification Unit (FSRU) from 2020 to 2025.
Chapter 3, the LNG Floating Storage Regasification Unit (FSRU) competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and LNG Floating Storage Regasification Unit (FSRU) market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of LNG Floating Storage Regasification Unit (FSRU).
Chapter 13, to describe LNG Floating Storage Regasification Unit (FSRU) research findings and conclusion.
LNG floating storage and regasification unit is an offshore energy equipment that integrates liquefied natural gas storage, transportation and regasification, with the advantages of flexible deployment, short construction period and low investment cost. FSRU is usually composed of a modified LNG carrier or a dedicated new hull, equipped with large LNG storage tanks, regasification equipment and related auxiliary systems, which can regasify low-temperature liquid natural gas (about -162℃) into normal temperature gaseous natural gas and transport it to land receiving stations or end users through submarine pipelines.
Market Trends
FSRU is a floating facility that integrates storage and regasification functions, which can be quickly deployed and meet temporary or long-term natural gas needs. FSRU provides a flexible and cost-effective solution for developing countries and regions that do not have fixed land receiving stations, especially in Southeast Asia, Africa and Latin America, which are experiencing rapid industrialization and urbanization, and the demand for energy is increasing sharply. The advancement of FSRU technology has further improved its cost-effectiveness, while shortening the project cycle and accelerating the market's response.
Market Disadvantages
Although FSRU is generally less expensive than traditional onshore LNG receiving stations, it still requires huge capital investment, including construction, leasing and operating expenses, which may be an obstacle for some countries or companies with limited budgets. Although FSRU can provide a fast-deployment solution, its processing capacity and flexibility are still relatively limited compared to fixed receiving stations, especially in high-demand areas, and may not be able to fully meet the needs of large-scale supply.
Market Outlook
The development of new materials and new processes will further optimize the design and manufacturing of FSRU, reduce production costs, improve cost-effectiveness, and make it more competitive in the market. For example, the application of intelligent monitoring systems and automated control technologies can significantly improve the operating efficiency and safety of facilities. As the global focus on sustainable development continues to deepen, green energy has become an important direction for the development of the industry. Manufacturers are exploring how to reduce the carbon footprint of FSRU during production and operation, and adopt more environmentally friendly technologies and materials to meet increasingly stringent environmental standards. In addition, the growth of international trade has brought new export opportunities for FSRU, especially with the surge in demand for infrastructure construction and industrial upgrading in countries and regions along the "Belt and Road".
This report is a detailed and comprehensive analysis for global LNG Floating Storage Regasification Unit (FSRU) market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global LNG Floating Storage Regasification Unit (FSRU) market size and forecasts, in consumption value ($ Million), 2020-2031
Global LNG Floating Storage Regasification Unit (FSRU) market size and forecasts by region and country, in consumption value ($ Million), 2020-2031
Global LNG Floating Storage Regasification Unit (FSRU) market size and forecasts, by Type and by Application, in consumption value ($ Million), 2020-2031
Global LNG Floating Storage Regasification Unit (FSRU) market shares of main players, in revenue ($ Million), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for LNG Floating Storage Regasification Unit (FSRU)
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global LNG Floating Storage Regasification Unit (FSRU) market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Hanwha Ocean, Hyundai Heavy Industries, Samsung Heavy Industries, Hudong-Zhonghua Shipbuilding, Seatrium, Keppel, CSSC, Wison Group, CIMC SOE, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market segmentation
LNG Floating Storage Regasification Unit (FSRU) market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Conventional Ships
Large Ships
Market segment by Application
Self-use
Vessel Charter
Market segment by players, this report covers
Hanwha Ocean
Hyundai Heavy Industries
Samsung Heavy Industries
Hudong-Zhonghua Shipbuilding
Seatrium
Keppel
CSSC
Wison Group
CIMC SOE
Market segment by regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)
The content of the study subjects, includes a total of 13 chapters:
Chapter 1, to describe LNG Floating Storage Regasification Unit (FSRU) product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top players of LNG Floating Storage Regasification Unit (FSRU), with revenue, gross margin, and global market share of LNG Floating Storage Regasification Unit (FSRU) from 2020 to 2025.
Chapter 3, the LNG Floating Storage Regasification Unit (FSRU) competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.
Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2020 to 2031
Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2020 to 2025.and LNG Floating Storage Regasification Unit (FSRU) market forecast, by regions, by Type and by Application, with consumption value, from 2026 to 2031.
Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.
Chapter 12, the key raw materials and key suppliers, and industry chain of LNG Floating Storage Regasification Unit (FSRU).
Chapter 13, to describe LNG Floating Storage Regasification Unit (FSRU) research findings and conclusion.
Table of Contents
81 Pages
- 1 Market Overview
- 2 Company Profiles
- 3 Market Competition, by Players
- 4 Market Size Segment by Type
- 5 Market Size Segment by Application
- 6 North America
- 7 Europe
- 8 Asia-Pacific
- 9 South America
- 10 Middle East & Africa
- 11 Market Dynamics
- 12 Industry Chain Analysis
- 13 Research Findings and Conclusion
- 14 Appendix
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