Floating Liquefied Natural Gas (FLNG) Market Worth US$27,332 Million by 2031: Visiongain Research Inc.

Global Floating Liquefied Natural Gas (FLNG) Market Forecast 2021-2031: - Market Segmentation by Spending (OPEX ($Mn), CAPEX ($Mn)) Market Segmentation by Number of Vessels (Units), Market Segmentation by Type (Floating Production, Storage and Offloading (FPSO), Floating Storage Regasification Unit (FSRU)) Market Segmentation by OPEX Type, (Topside Development, Hull Design & Construction, Mooring System, LNG Transfer Systems) Market Segmentation by CAPEX Type (Engineering & Design, Materials & Parts Procurement, FLNG Construction, FLNG Commissioning, Other CAPEX Type) PLUS COVID-19 Impact Analysis and Recovery Pattern Analysis (V-shaped, W-shaped, U-shaped, L-shaped) Profiles of Leading Companies, Region and Country.

Global Floating Liquefied Natural Gas (FLNG) Market Outlook

According to Visiongain analysis, global floating liquefied natural gas (FLNG) market was valued at US$14187 million in 2020 and is projected to reach at a market value of US$104281 million by 2031. The Global Floating Liquefied Natural Gas (FLNG) market is expected to grow at a CAGR of 20.1% during the forecast period 2021-2031.

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In this report tells you TODAY how the FLNG market will develop in the next 10 years, and in-line with the variations in COVID-19 economic recession and bounce. This market is more critical now than at any point over the last 10 years.

Key Questions Answered by this Report:

  • What is the current size of the overall global liquefied natural gas (FLNG) market? How much will this market be worth from 2021 to 2031?
  • What are the main drivers and restraints that will shape the overall Floating liquefied natural gas (FLNG) market over the next ten years?
  • What are the main segments within the overall Floating liquefied natural gas (FLNG) market?
  • How much will each of these segments be worth for the period 2021 to 2031?
  • How will the composition of the market change during that time, and why?
  • What factors will affect that industry and market over the next ten years?
  • What are the largest national markets for the world liquefied natural gas (FLNG)?
  • What is their current status and how will they develop over the next ten years?
  • What are their revenue potentials to 2031?
  • How will political and regulatory forces influence regional markets?
  • How will market shares of the leading national markets change by 2031, and which geographical region will lead the market in 2031?
  • Who are the leading companies and what are their activities, results, developments and prospects?
  • What are the leading Floating liquefied natural gas (FLNG)? What are their revenues and latest developments?
  • What are some of the most prominent Floating liquefied natural gas (FLNG) currently in development?
  • What are the main trends that will affect the world liquefied natural gas (FLNG) market between 2021 and 2031?
  • What are the main strengths, weaknesses, opportunities, and threats for the market?
  • What are the social, technological, economic, and political influences that will shape that industry over the next ten years?
  • How will the global Floating liquefied natural gas (FLNG) market evolve over the forecasted period, 2021 to 2031?
  • What will be the main commercial drivers for the market from 2021 to 2031?
  • How will market shares of prominent national markets change from 2021, and which countries will lead the market in 2031, achieving highest revenues and fastest growth?
  • How will that industry evolve between 2021 and 2031, especially in R&D?

Advancement in Technology and Process Driving the Market

Advancements in technology, particularly floating storage, and regasification units (FSRUs), which provide a cost-effective alternative for the development of LNG-based gas-to-power projects, are also significant. Many of the gas-to-power projects under consideration use FSRUs rather than more traditional onshore regasification plants. FSRUs offer a variety of benefits, including the ability to be built offsite and promptly transported to the project's location, as well as the potential for lower risk than onshore development - particularly if onshore development faces hurdles such as heightened security or permission issues.

Costly Affairs Related to FLNG Infrastructure is Hindering the Market Growth

LNG terminals require a vast amount of capital to build: four projects approved in the previous few years, according to the International Energy Agency, will each exceed 20 billion dollars and some of them represent the largest investments of the private sector in their respective country's history. In the meantime, the LNG market is so over-saturated that prices have fallen to historic lower levels. The combination of huge risky capital with deteriorating market circumstances is a formula for large-scale financial losses.

Discover sales predictions for the global liquefied natural gas (FLNG) market and submarkets.

Over the last few years, floating natural gas (FLNG) has gained widespread attention. Demand for liquefied natural gas (FLNG)s and LNG is expected to rise in the future; Along with revenue prediction for the overall world market, there are market value and number of FLNG, 2 Spending type, 2 FLNG Type, 5 segmentations of the component market, with forecasts for 4OPEX type, 4 CAPEX Type, each forecasted at a global, regional, and country level, along with COVID-19 impact recovery pattern analysis for all segments.

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How the Floating Liquefied Natural Gas (FLNG) Market report helps you?
In summary, our 550+ page report provides you with the following knowledge:

  • Revenue forecasts to 2031 for Floating Liquefied Natural Gas (FLNG) Market, 2021 to 2031 Market, with forecasts for market value, vessel type, system, component, power output each forecasted at a global and regional level– discover the industry’s prospects, finding the most lucrative places for investments and revenues.
  • Revenue forecasts to 2031 for 5 regional and 20 key national markets – See forecasts for the Floating Liquefied Natural Gas (FLNG) Market, 2021 to 2031 market in North America, Europe, Asia-Pacific and LAMEA. Also forecasted is the market in the US, Canada, Brazil, Germany, Norway, UK, Italy, China, India, Indonesia among other prominent economies.
  • Prospects for established firms and those seeking to enter the market– including company profiles for 20 of the major companies involved in the Floating Liquefied Natural Gas (FLNG) Market.

Who are the leading players analyzed in the market?

  • Hyundai Heavy Industries Holdings Co Ltd
  • Samsung heavy Industries
  • Daewoo Shipbuilding & Marine Engineering Co Ltd
  • PetroleoBrasileiro S.A
  • Royal Dutch Shell
  • Excelerate Energy L.P.
  • Höegh LNG
  • Golar LNG Limited
  • Exxon Mobil Corporation
  • Total SE
  • Chevron Corporation (Chevron)
  • Equinor ASA (formerly Statoil ASA)
  • Exmar NV
  • Woodside Petroleum Ltd (Woodside)
  • Lloyds Energy
  • TechnipFMC Plc

In this Visiongain report you will find quantitative and qualitative analyses with independent predictions. By reading this study you will receive information that is unique to our report. This is the best route to get in-depth market insight into the Global Floating Liquefied Natural Gas Market, Read this research piece today.

Find quantitative and qualitative analyses with independent predictions. Receive information that only our report contains, staying informed with this invaluable business intelligence.

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About Visiongain

Visiongain is one of the fastest growing and most innovative, independent, market intelligence around, the company publishes hundreds of market research reports which it adds to its extensive portfolio each year. These reports offer in-depth analysis across 18 industries worldwide. The reports cover a 10-year forecast, are hundreds of pages long, with in depth market analysis and valuable competitive intelligence data. Visiongain works across a range of vertical markets, which currently can influence one another, these markets include automotive, aviation, chemicals, cyber, defense, energy, food & drink, materials, packaging, pharmaceutical and utilities sectors. Our customized and syndicated market research reports means that you can have a bespoke piece of market intelligence customized to your very own business needs.


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