PUBLISHER: IMARC | PRODUCT CODE: 1675793
PUBLISHER: IMARC | PRODUCT CODE: 1675793
Planned LNG Market by Technology (Liquefaction, Regasification), End Use Industry (Residential, Commercial, Industrial), and Region 2025-2033
The global planned LNG market size reached USD 53.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 99.1 Billion by 2033, exhibiting a growth rate (CAGR) of 6.72% during 2025-2033. The rising demand for LNG as a cleaner and more efficient energy source, the widespread utilization of LNG in the automotive industry, and the introduction of floating LNG facilities represent some of the key factors driving the market.
Planned liquefied natural gas (LNG) refers to the incorporation of regasification and liquefaction capacities at LNG terminals. It involves storing and shipping LNG at high pressures, followed by regasification at the arriving destination for further use. Planned LNG utilize various technologies to deposit, transport, and process LNG, such as compression, refrigeration, heat exchangers, and cryogenic tanks. It is widely used in cooking, residential and commercial heating, electricity production, farm equipment, vehicles, ships, and industrial processes. Planned LNG aids in reducing market volatility, stabilizing prices, preventing sudden spikes, and ensuring a consistent and reliable supply. It is also cost-effective, and environment-friendly, that provides energy security, reduces dependency on oil, and supports diversification of energy sources. As a result, planned LNG finds extensive applications across the automotive, power generation, agriculture, mining, chemical, transportation, marine, and manufacturing industries.
Planned LNG Market Trends:
The rising demand for LNG as a cost-effective, cleaner, and more efficient energy source is one of the key factors propelling the market growth. Along with this, the widespread utilization of LNG in residential and commercial spaces for cooking, heating, lighting, refrigeration, and backup power is providing an impetus to the market growth. Furthermore, the growing demand for LNG as an alternative fuel in the automotive industry to power passenger cars, buses, trucks, and other heavy commercial vehicles is acting as another growth-inducing factor. Besides this, the increasing adoption of LNG as a fuel in power generation, mining, manufacturing, agriculture, and other industries to generate electricity, operate equipment and machinery, and produce fertilizers, chemicals, glass, and steel is providing a thrust to the market growth. Additionally, the introduction of floating LNG facilities which allows production to take place at offshore locations, thus providing easier access to remote and stranded gas reserves and eliminating the need for onshore infrastructures, is positively influencing the market growth. Apart from this, the integration of the Internet of Things (IoT) technology to optimize LNG production, monitor the conditions of storage tanks and cargos, and prevent potential issues, such as leaks, equipment failure, and pressure change, is favoring the market growth. Moreover, the implementation of various government initiatives to boost LNG production and support exploration activities for new reserves is facilitating the market growth. Other factors, including rising energy consumption, extensive research and development (R&D) activities, and the growing consumer awareness regarding the economic and environmental benefits of LNG, are anticipated to drive the market growth.
Key Market Segmentation:
Technology Insights:
- Liquefaction
- Regasification
End Use Industry Insights:
- Residential
- Commercial
- Industrial
Regional Insights:
- North America
- United States
- Canada
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
- The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa.
Competitive Landscape:
- The report has also provided a comprehensive analysis of the competitive landscape in the global planned LNG market. Detailed profiles of all major companies have also been provided. Some of the companies covered include Cheniere Energy, Inc, Chevron Corporation, ConocoPhillips Company, Energy Transfer LP, Equinor ASA, Exxon Mobil Corporation, Freeport LNG, Gasum Ltd (Gasonia Oy), PETROBRAS, Sempra Energy, Shell Plc, Venture Global LNG, etc. Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
Key Questions Answered in This Report:
- How has the global planned LNG market performed so far, and how will it perform in the coming years ?
- What are the drivers, restraints, and opportunities in the global planned LNG market ?
- What is the impact of each driver, restraint, and opportunity on the global planned LNG market ?
- What are the key regional markets ?
- Which countries represent the most attractive planned LNG market ?
- What is the breakup of the market based on technology ?
- Which is the most attractive technology in the planned LNG market ?
- What is the breakup of the market based on the end use industry ?
- Which is the most attractive end use industry in the planned LNG market ?
- What is the competitive structure of the global planned LNG market ?
- Who are the key players/companies in the global planned LNG market ?
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Planned LNG Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Technology
- 6.1 Liquefaction
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Regasification
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
7 Market Breakup by End Use Industry
- 7.1 Residential
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Commercial
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Industrial
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Region
- 8.1 North America
- 8.1.1 United States
- 8.1.1.1 Market Trends
- 8.1.1.2 Market Forecast
- 8.1.2 Canada
- 8.1.2.1 Market Trends
- 8.1.2.2 Market Forecast
- 8.1.1 United States
- 8.2 Asia-Pacific
- 8.2.1 China
- 8.2.1.1 Market Trends
- 8.2.1.2 Market Forecast
- 8.2.2 Japan
- 8.2.2.1 Market Trends
- 8.2.2.2 Market Forecast
- 8.2.3 India
- 8.2.3.1 Market Trends
- 8.2.3.2 Market Forecast
- 8.2.4 South Korea
- 8.2.4.1 Market Trends
- 8.2.4.2 Market Forecast
- 8.2.5 Australia
- 8.2.5.1 Market Trends
- 8.2.5.2 Market Forecast
- 8.2.6 Indonesia
- 8.2.6.1 Market Trends
- 8.2.6.2 Market Forecast
- 8.2.7 Others
- 8.2.7.1 Market Trends
- 8.2.7.2 Market Forecast
- 8.2.1 China
- 8.3 Europe
- 8.3.1 Germany
- 8.3.1.1 Market Trends
- 8.3.1.2 Market Forecast
- 8.3.2 France
- 8.3.2.1 Market Trends
- 8.3.2.2 Market Forecast
- 8.3.3 United Kingdom
- 8.3.3.1 Market Trends
- 8.3.3.2 Market Forecast
- 8.3.4 Italy
- 8.3.4.1 Market Trends
- 8.3.4.2 Market Forecast
- 8.3.5 Spain
- 8.3.5.1 Market Trends
- 8.3.5.2 Market Forecast
- 8.3.6 Russia
- 8.3.6.1 Market Trends
- 8.3.6.2 Market Forecast
- 8.3.7 Others
- 8.3.7.1 Market Trends
- 8.3.7.2 Market Forecast
- 8.3.1 Germany
- 8.4 Latin America
- 8.4.1 Brazil
- 8.4.1.1 Market Trends
- 8.4.1.2 Market Forecast
- 8.4.2 Mexico
- 8.4.2.1 Market Trends
- 8.4.2.2 Market Forecast
- 8.4.3 Others
- 8.4.3.1 Market Trends
- 8.4.3.2 Market Forecast
- 8.4.1 Brazil
- 8.5 Middle East and Africa
- 8.5.1 Market Trends
- 8.5.2 Market Breakup by Country
- 8.5.3 Market Forecast
9 Drivers, Restraints, and Opportunities
- 9.1 Overview
- 9.2 Drivers
- 9.3 Restraints
- 9.4 Opportunities
10 Value Chain Analysis
11 Porters Five Forces Analysis
- 11.1 Overview
- 11.2 Bargaining Power of Buyers
- 11.3 Bargaining Power of Suppliers
- 11.4 Degree of Competition
- 11.5 Threat of New Entrants
- 11.6 Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
- 13.1 Market Structure
- 13.2 Key Players
- 13.3 Profiles of Key Players
- 13.3.1 Cheniere Energy, Inc
- 13.3.1.1 Company Overview
- 13.3.1.2 Product Portfolio
- 13.3.1.3 Financials
- 13.3.1.4 SWOT Analysis
- 13.3.2 Chevron Corporation
- 13.3.2.1 Company Overview
- 13.3.2.2 Product Portfolio
- 13.3.2.3 Financials
- 13.3.2.4 SWOT Analysis
- 13.3.3 ConocoPhillips Company
- 13.3.3.1 Company Overview
- 13.3.3.2 Product Portfolio
- 13.3.3.3 Financials
- 13.3.3.4 SWOT Analysis
- 13.3.4 Energy Transfer LP
- 13.3.4.1 Company Overview
- 13.3.4.2 Product Portfolio
- 13.3.4.3 Financials
- 13.3.4.4 SWOT Analysis
- 13.3.5 Equinor ASA
- 13.3.5.1 Company Overview
- 13.3.5.2 Product Portfolio
- 13.3.5.3 Financials
- 13.3.5.4 SWOT Analysis
- 13.3.6 Exxon Mobil Corporation
- 13.3.6.1 Company Overview
- 13.3.6.2 Product Portfolio
- 13.3.6.3 Financials
- 13.3.6.4 SWOT Analysis
- 13.3.7 Freeport LNG
- 13.3.7.1 Company Overview
- 13.3.7.2 Product Portfolio
- 13.3.8 Gasum Ltd (Gasonia Oy)
- 13.3.8.1 Company Overview
- 13.3.8.2 Product Portfolio
- 13.3.9 PETROBRAS
- 13.3.9.1 Company Overview
- 13.3.9.2 Product Portfolio
- 13.3.9.3 Financials
- 13.3.9.4 SWOT Analysis
- 13.3.10 Sempra Energy
- 13.3.10.1 Company Overview
- 13.3.10.2 Product Portfolio
- 13.3.10.3 Financials
- 13.3.10.4 SWOT Analysis
- 13.3.11 Shell Plc
- 13.3.11.1 Company Overview
- 13.3.11.2 Product Portfolio
- 13.3.11.3 Financials
- 13.3.12 Venture Global LNG
- 13.3.12.1 Company Overview
- 13.3.12.2 Product Portfolio
- 13.3.1 Cheniere Energy, Inc
Kindly note that this only represents a partial list of companies, and the complete list has been provided in the report.
List of Figures
- Figure 1: Global: Planned LNG Market: Major Drivers and Challenges
- Figure 2: Global: Planned LNG Market: Sales Value (in Billion USD), 2019-2024
- Figure 3: Global: Planned LNG Market Forecast: Sales Value (in Billion USD), 2025-2033
- Figure 4: Global: Planned LNG Market: Breakup by Technology (in %), 2024
- Figure 5: Global: Planned LNG Market: Breakup by End Use Industry (in %), 2024
- Figure 6: Global: Planned LNG Market: Breakup by Region (in %), 2024
- Figure 7: Global: Planned LNG (Liquefaction) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 8: Global: Planned LNG (Liquefaction) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 9: Global: Planned LNG (Regasification) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 10: Global: Planned LNG (Regasification) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 11: Global: Planned LNG (Residential) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 12: Global: Planned LNG (Residential) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 13: Global: Planned LNG (Commercial) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 14: Global: Planned LNG (Commercial) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 15: Global: Planned LNG (Industrial) Market: Sales Value (in Million USD), 2019 & 2024
- Figure 16: Global: Planned LNG (Industrial) Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 17: North America: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 18: North America: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 19: United States: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 20: United States: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 21: Canada: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 22: Canada: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 23: Asia-Pacific: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 24: Asia-Pacific: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 25: China: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 26: China: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 27: Japan: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 28: Japan: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 29: India: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 30: India: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 31: South Korea: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 32: South Korea: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 33: Australia: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 34: Australia: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 35: Indonesia: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 36: Indonesia: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 37: Others: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 38: Others: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 39: Europe: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 40: Europe: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 41: Germany: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 42: Germany: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 43: France: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 44: France: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 45: United Kingdom: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 46: United Kingdom: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 47: Italy: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 48: Italy: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 49: Spain: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 50: Spain: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 51: Russia: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 52: Russia: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 53: Others: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 54: Others: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 55: Latin America: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 56: Latin America: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 57: Brazil: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 58: Brazil: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 59: Mexico: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 60: Mexico: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 61: Others: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 62: Others: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 63: Middle East and Africa: Planned LNG Market: Sales Value (in Million USD), 2019 & 2024
- Figure 64: Middle East and Africa: Planned LNG Market: Breakup by Country (in %), 2024
- Figure 65: Middle East and Africa: Planned LNG Market Forecast: Sales Value (in Million USD), 2025-2033
- Figure 66: Global: Planned LNG Industry: Drivers, Restraints, and Opportunities
- Figure 67: Global: Planned LNG Industry: Value Chain Analysis
- Figure 68: Global: Planned LNG Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Planned LNG Market: Key Industry Highlights, 2024 & 2033
- Table 2: Global: Planned LNG Market Forecast: Breakup by Technology (in Million USD), 2025-2033
- Table 3: Global: Planned LNG Market Forecast: Breakup by End Use Industry (in Million USD), 2025-2033
- Table 4: Global: Planned LNG Market Forecast: Breakup by Region (in Million USD), 2025-2033
- Table 5: Global: Planned LNG Market: Competitive Structure
- Table 6: Global: Planned LNG Market: Key Players
