What is the current LNG Carriers Market size?

The LNG Carriers Market is projected to register a CAGR of greater than 3.60% during the forecast period (2024-2029) Read More

Who are the key players in LNG Carriers Market?

Royal Dutch Shell PLC, Nippon Yusen Kabushiki Kaisha, MISC Berhad, Mitsui O.S.K. Lines Ltd and Seapeak are the major companies operating in the LNG Carriers Market. Read More

Which is the fastest growing region in LNG Carriers Market?

Europe is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in LNG Carriers Market?

In 2024, the Asia Pacific accounts for the largest market share in LNG Carriers Market. Read More

What years does this LNG Carriers Market cover?

The report covers the LNG Carriers Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the LNG Carriers Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

What are the major challenges faced by the LNG Carrier Market?

The major challenges faced by the LNG Carrier Market are a) Fluctuations in charter rates of carriers b) Stringent regulations on domestic and international trade c) High manufacturing costs associated with LNG carriers due to the need for specialized infrastructure and insulation Read More

LNG Carriers Market Analysis | Industry Report, Size & Forecast

LNG Carriers Market Analysis - Industry Report, Size & Forecast (2024 - 2029)

The Report covers Global LNG Shipping Companies and the Market is segmented by Containment Type (Membrane Type and Moss Type), Propulsion Type (Steam Turbines, Dual-Fuel Diesel Engine/Tri-Fuel Diesel Engine(DFDE/TFDE), Slow-Speed Diesel (SSD), M-type Electronically Controlled Gas Injection (ME-GI), XDF Two-stroke Engine, and Steam Re-heat and Stage) and Geography (North America, Europe, Asia-Pacific, Middle-East and Africa, and South America). The report offers the market size and forecasts in revenue (USD billion) for all the above segments.

LNG Carrier Industry Overview

The LNG carrier market is moderately fragmented. A few major companies operating in the market (not in a particular order) include Royal Dutch Shell PLC, Nippon Yusen Kabushiki Kaisha, Mitsui OSK Lines Ltd, MISC Berhad, and Seapeak, among others.