Liquefied Natural Gas (LNG) Carrier Market - Global Industry Analysis, Size, Share, Growth Trends, and Forecast 2015 - 2023

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REPORT DESCRIPTION
Due to increasing population and improved standard of living, demand for energy is growing globally.
Trading of natural gas is expected to grow at speeding rates. Gas reserves are unevenly distributed across
the globe. On the other hand demand is expanding in every corner of the globe which makes
transportation of natural gas a serious prerequisite.
In-depth research report on Liquefied Natural Gas (LNG) Carrier Market with Full TOC at :
http://www.transparencymarketresearch.com/liquefied-natural-gas-lng-carrier-market.html
With the cryogenic liquefactions LNG is created which reduces the volume of gas as compared to its
original volume, making it viable to transport in a specialized LNG carrier. The most opportune way to carry
natural gas is a pipeline which is subdivided into offshore and onshore pipelines where onshore is for
medium to short distance and offshore for long distance. Other means of carrying LNG is through vessels.
The oldest LNG carrying technology Moss-Rosenberg containment system (commonly known as Moss) is
still in use for new vessel construction. The second type of large-scale LNG carrying technology is the
membrane technology.
The segmentation of LNG carrier market is on the basis of the demand and supply of LNG. The main
exporters of LNG are Africa, Qatar, Malaysia and Australia. The main importers are Japan, China and South
Korea. In North America, United States is expected to export shale gas owing to huge domestic production.
In spite of Japan being concerned over environmental issues, pattern of increment in consumption of LNG
in power sector can be seen in recent years. Australia, the United States, and Russia are key countries that
will lead world LNG trade growth over the next few years. China and India are likely to come forward as key
sources of prospects for natural gas consumption growth and hence affect demand for LNG carriers.
Increasing natural gas demand globally as various gas reserves are still unexplored. Natural gas is
considered to be fuel of the 21st century; improvement in design of carriers is the key driver in the LNG
carrier market. Restraints of LNG carrier market are infrastructure issues and Supplies from North America
and Russia. Due to geopolitical issues LNG supplies to Asia Pacific are endangered as Russia and North
America are the key suppliers. China is capable enough to diversify its natural gas supply from other
countries and not become excessively dependent on countries that are politically sensitive. Natural gas
prices vary radically between budding buyers and sellers of LNG. LNG Carrier Demand is subjected to
Natural gas quantity and prices transported by pipelines. Value of LNG carrier market is expected to
increase exponentially in coming years resulting in an immense opportunity. LNG carrier market is
expected to experience the growth in coming years reaching record creation of vessel output and capital
expenditure. With the expansion of both LNG export and import infrastructure and very strong supplydemand dynamics of natural gas market, more LNG carriers are required.
Natural gas discoveries in North America are leading to LNG export terminal expansion on the continent. In
addition to such terminals planned in Australia, will create more supply routes that need to be serviced by
LNG vessels. Underpinning all this investment in LNG carriers is the significant arbitrage opportunity that
exists between supply and demand markets. As the LNG spot market expands, a larger and more flexible
LNG carrier fleet will be required. There is also a justifiable interest in smaller LNG carriers as the
economics of transporting LNG to isolated areas for power creation or for use as a transportation fuel
improves.
Leading Operators in LNG carrier market areShell Royal Dutch plc, NYK Lines, Mitsui O.S.K. Lines, Ltd.,
MiscBerhad, Teekay Corporation, Maran Gas Maritime Inc., Golar LNG Limited, BW Group, GasLog Ltd, and
Kawasaki Kisen Kaisha, Ltd., among others.Leading shipbuilders in the LNG carriers includeDSME Co., Ltd.,
Hyundai Samho Heavy Industries Co., Ltd., STX Offshore & Shipbuilding Co. Ltd, Samsung Heavy Industries
Co. Ltd., Hudong-Zhonghua Shipbuilding (Group) Co., Ltd.,Kawasaki Heavy Industries, Ltd., and Mitsubishi
Heavy Industries, Ltd., among others.
This research report analyzes this market on the basis of its market segments, major
geographies, and current market trends. Geographies analyzed under this research report
include
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North America

Asia Pacific

Europe

Middle East and Africa

Latin America
This report provides comprehensive analysis of

Market growth drivers
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Factors limiting market growth
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Current market trends

Market structure

Market projections for upcoming years
This report is a complete study of current trends in the market, industry growth drivers, and restraints. It
provides market projections for the coming years. It includes analysis of recent developments in
technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also
includes a review of micro and macro factors essential for the existing market players and new entrants
along with detailed value chain analysis.
Reasons for Buying this Report
This report provides pin-point analysis for changing competitive dynamics

It provides a forward looking perspective on different factors driving or restraining market growth

It provides a six-year forecast assessed on the basis of how the market is predicted to grow

It helps in understanding the key product segments and their future

It provides pin point analysis of changing competition dynamics and keeps you ahead of
competitors

It helps in making informed business decisions by having complete insights of market and by
making in-depth analysis of market segments

It provides distinctive graphics and exemplified SWOT analysis of major market segments
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Due to increasing population and improved standard of living, demand for energy is growing globally. Trading of natural gas is expected to grow at speeding rates. Gas reserves are unevenly distributed across the globe. On the other hand demand is expanding in every corner of the globe which makes transportation of natural gas a serious prerequisite. In-depth research report on Liquefied Natural Gas (LNG) Carrier Market with Full TOC at : http://www.transparencymarketresearch.com/liquefied-natural-gas-lng-carrier-market.html