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Global Floating LNG Market 2015-2019

Global Floating LNG Market 2015-2019

About Floating LNG

Floating LNG refers to a system in which a set of operations and processes are performed for the development of offshore-based natural gas reserves. Floating LNG systems are mainly used for the production, liquefaction, storage, and transfer of LNG from offshore gas reserves to onshore areas. A floating LNG facility produces LNG directly on the offshore floating system, which undergoes a different process, and is stored in vessels or tanks and is finally transported to onshore. The entire value chain of floating LNG system is shorter than the common onshore LNG system. All the equipment, facilities, and other processes in a floating system take place in a single enclosed structure, thereby using just one-third of the space required by normal LNG system. Therefore, the use of floating LNG system eliminates the need for long-distance pipelines and onshore infrastructure and therefore ultimately reduces the disturbance to the surrounding environment and minimizes the development costs to a large extent.

TechNavio's analysts forecast the Global Floating LNG market to grow at a CAGR of 15.2 percent over the period 2014-2019.

Covered in this Report

The report covers the present scenario and the growth prospects of the Global Floating LNG market for the period 2015-2019. The report includes the segmentation of the Global Floating LNG market on the basis of type of floating LNG terminal.

TechNavio's report, the Global Floating LNG Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Global Floating LNG market landscape and its growth prospects in the coming years. The report includes the geographical segmentation of the Global Floating LNG market. It also includes a discussion of the key vendors operating in this market. Key Vendors

  • Excelerate Energy
  • Golar LNG
  • Höegh LNG
  • Royal Dutch Shell
  • Samsung Heavy Industries
Other Prominent Vendors
  • PETRONAS
  • Daewoo Shipbuilding and Marine Engineering
  • Hyundai Heavy Industries
Market Driver
  • Growing Offshore Field Developments
  • For a full, detailed list, view our report
Market Challenge
  • Design and Construction Challenges for Floating LNG Facility
  • For a full, detailed list, view our report
Market Trend
  • Increase in LNG Exports
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Floating LNG Market 2015-2019

Technavio recognizes the following companies as the key players in the Global Floating LNG Market: Excelerate Energy LLC, Golar LNG, Höegh LNG, Royal Dutch Shell plc and Samsung Heavy Industries

Other Prominent Vendors in the market are: Daewoo Shipbuilding and Marine Engineering, Hyundai Heavy Industries and PETRONAS

Commenting on the report, an analyst from Technavio’s team said: “One of the key trends expected to mitigate the effect of the challenges is the increase in LNG exports. Because of the increase in demand for energy, the LNG exports are increasing to fulfil this demand. Producers are seeking to convert existing import terminals into export terminals.”

According to the report, one of the key factors driving the market is the growing offshore field development. It is expected that the market will witness a significant increase in the number of new offshore floating LNG projects during the forecast period compared to other shale gas and related exploration projects.

Further, the report states that the design and construction challenges for floating LNG facilities have become a serious concern in the market. The movement of LNG production to the offshore set-up is very complex and poses a set of challenges related to the design and construction of floating LNG systems. In the floating LNG system, the size of the total LNG system is reduced to one-third the size of a typical LNG facility.

Companies Mentioned

Excelerate Energy , Golar LNG , Höegh LNG, Royal Dutch Shell, Samsung Heavy Industries , PETRONAS, Daewoo Shipbuilding and Marine Engineering, Hyundai Heavy Industries

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Introduction
  • Market Landscape
    • Market Overview
      • Table Global Floating LNG Market Overview
    • Market Size and Forecast
      • Table Global Floating LNG Market 2014-2019 (US$ million)
    • Five Forces Analysis
  • Market Segmentation by Type
    • Global Floating LNG Market Segmentation by Type of Terminal 2014
      • Table Global Floating LNG Market Segmentation by Type of Terminal 2014
    • Global Floating LNG Market Segmentation by Type of Terminal 2019
      • Table Global Floating LNG Market Segmentation by Type of Terminal 2019
      • Table Global Floating LNG Market Segmentation by Type of Terminal 2014-2019
    • Global Floating LNG Market in Floating LNG Liquefaction Terminal Segment
      • Market Size and Forecast
        • Table Global Floating LNG Market in Floating LNG Liquefaction Terminal Segment 2014-2019 (US$ million)
    • Global Floating LNG Market in Floating LNG Import Terminal Segment
      • Market Size and Forecast
        • Table Global Floating LNG Market in Floating LNG Import Terminal Segment 2014-2019 (US$ million)
  • Geographical Segmentation
    • Global Floating LNG Market by Geographical Segmentation 2014
      • Table Global Floating LNG Market by Geographical Segmentation 2014
    • Global Floating LNG Market by Geographical Segmentation 2019
      • Table Global Floating LNG Market by Geographical Segmentation 2014
      • Table Global Floating LNG Market by Geographical Segmentation 2014-2019
    • Floating LNG Market in APAC Region
      • Market Size and Forecast
        • Table Floating LNG Market in APAC Region 2014-2019 (US$ million)
    • Floating LNG Market in Americas
      • Market Size and Forecast
        • Table Floating LNG Market in Americas 2014-2019 (US$ million)
    • Floating LNG Market in EMEA Region
      • Market Size and Forecast
        • Table Floating LNG Market in EMEA Region 2014-2019 (US$ million)
  • Key Leading Countries
    • Malaysia
    • Australia
  • Buying Criteria
  • Market Growth Drivers
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key News
      • Other Prominent Vendors
  • Key Vendor Analysis
    • Excelerate Energy
      • Key Facts
      • Business Overview
      • Key Solutions
        • Table Excelerate Energy: Key Solutions
      • Geographical Presence
        • Table Excelerate Energy: Geographical Presence
      • Recent Developments
      • Business Strategy
      • SWOT Analysis
    • Golar LNG
      • Key Facts
      • Business Overview
      • Geographical Segmentation
        • Table Golar LNG: Geographical Segmentation
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Höegh LNG
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Höegh LNG : Business Segmentation by Revenue 2013 (US$ million)
      • Business Segmentation by Revenue 2012 and 2013
        • Table Höegh LNG: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation
        • Table Höegh LNG: Geographical Segmentation
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Royal Dutch Shell
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Shell: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Shell: Business Segmentation by Revenue 2012 and 2013 (US$ million)
      • Geographical Segmentation by Revenue 2013
        • Table Shell: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • SWOT Analysis
    • SHI
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table SHI: Business Segmentation
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

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