Global LNG Carrier Market

November 2019
Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved
Global LNG Carrier Market: Industry, Size,
Share, Growth, Trends and Forecast, 2019–
2029

2
Market Segmentation
Global LNG Carrier Market
By Containment Type By Storage Capacity
 Under 120,000
Cubic M
 120,000 - 160,000
Cubic M
 Above 160,000
Cubic M
By Region
 North America
 Europe
 Asia Pacific
 Latin America
 Middle East &
Africa
Source: Prophecy Market Insights
 Spherical (Moss
sphere design)
 Geometric Design
(Membrane design)
 Pressurised LNG
tanks (type-C design)
By Application
 Petroleum
Industry
 Defense
 Transport &
Logistics
 Others

Executive Summary (1/4)
3
Table 2.1: Global LNG Carrier Market Overview
Parameters 2019 (E) 2029 (F)
Global LNG Carrier Market Value (US$ Mn) XXX.X XXX.X
By Containment Type Segment with Largest Value (US$ Mn)
Spherical (Moss sphere design) :
XXX.X
Spherical (Moss sphere design) :
XXX.X
By Containment Type Segment with Highest CAGR (%)-
2019-2029
Spherical (Moss sphere design) : CAGR- XX.X
By Storage Capacity Segment with Largest Value (US$ Mn) Under 120,000 Cubic M: XXX.X Under 120,000 Cubic M: XXX.X
By Storage Capacity Segment with Highest CAGR (%)-2019-
2029
Under 120,000 Cubic M: CAGR- XX.X
By Application Segment with Largest Value (US$ Mn) Petroleum Industry: XXX.X Petroleum Industry: XXX.X
By Application Segment with Highest CAGR (%)-2019-2029 Petroleum Industry : CAGR- XX.X

4
Table 2.2: Global LNG Carrier Market Overview
Parameters 2019 (E) 2029 (F)
By Region with Largest Value (US$ Mn) North America: XXX.X North America : XXX.X
By Region with Highest CAGR (%)-2019-2029 North America : CAGR- XX.X
Key Market Players:
LNG Carrier Market Companies; Samsung Heavy Industries, Daewoo
Shipbuilding & Marine Engineering Co., Ltd, Hyundai Heavy Industries
Co., Ltd., STX Offshore & Shipbuilding Co., Ltd., China State
Shipbuilding Corporation, Kawasaki Heavy Industries, GasLog Ltd,
Dynagas LTD, Mitsubishi Heavy Industries, Mitsui O.S.K. Lines, Ltd.
(MOL), Shell Royal Dutch plc, NYK Lines, Teekay Corporation, Maran
Gas Maritime, Golar LNG Limited, Hudong Zhonghua, and Maran Gas
Maritime Inc. (MGM)

 A typical modern LNG ship, or LNG carrier, is approximately
300 m long, 43 m wide and has a draft of 12 m. Cargo
capacities range from 1,000 cubic meters up to 267,000
cubic meters.
 The main types of cargo containment on LNG ships are
spherical (Moss sphere design) or geometric membrane
(membrane design). Pressurised LNG tanks are also
frequent on smaller LNG carriers/barges (type-C design).
 LNG ships must comply with all relevant local and
international regulatory requirements, including but not
limited to those of the IMO, IGC and the USCG.
 NG ships is maintained at a very high level, especially
considering the very low historical accident/incident rate of
the industry. LNG tankers have sailed over 92,000 voyages
without major accident or loss of cargo.
5
Description
Figure 2.1: Global LNG Carrier Market Value Share (%), By Containment
Type – 2019 (E)
 By containment type, the ABC segment is accounted for
major value share XX.X% in 2019. The XYZ segment is
accounted for the second highest value share XX.X% in
2019 in the target market.
Analysis
XX.X%
Spherical (Moss
sphere design)
Geometric Design
(Membrane design)
Pressurised LNG
tanks (type-C
design)
XX.X%

Market Dynamics
Driver
Increase in demand for natural gas
Rising shift in preference from CNG to LNG
XXX
XXX
Restrain
Depressed Crude Oil Prices
Relatively High price of LNG as Compared to Crude Oil
XXX
XXX
Opportunity
Increase in marine pollution
XXX

About Us
7
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Associated Reports
Copyright © PROPHECY MARKET INSIGHTS 2019, All Rights Reserved 8
Reports
Global Automotive Leasing Market
India ISO Tank Container Market
Global Ride Sharing Market
Global Dry Bulk Shipping Market
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Y O U
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Global LNG Carrier Market

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