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Global LNG Liquefaction Equipment Market to Reach 620 Million USD by 2024


Global LNG Liquefaction Equipment Market by Manufacturers, Countries, Type and Application, Forecast to 2024
The worldwide market for LNG Liquefaction Equipment is expected to grow at a CAGR of roughly 1.8% over the next five years, will reach 620 million US$ in 2024, from 570 million US$ in 2019.

LNG Liquefaction Equipment industry has been developing fast due to its high cost performance. The LNG Liquefaction Equipment industry is relatively concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 51.24% of the revenue market. Regionally, Asia Pacific is the biggest revenue area, also the leader in the whole LNG Liquefaction Equipment industry.

Asia Pacific occupied 31.41% of the sales market in 2017. It is followed by South America, Middle East and Africa, which respectively account for around 43.33 of the global total industry. Other countries have a small amount of sales.

This report focuses on the LNG Liquefaction Equipment in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

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Market share of global LNG Liquefaction Equipment industry is dominate by companies likeĀ Air Products and Chemicals, Linde Group, ConocoPhillips Company, Atlas Copco, Ingersoll Rand, General Electric, Kobelco Compressors, Chart Energy and Chemicals, Elliott, MITSUI E&S, MCO, IHI CorporationĀ and others which are profiled in this report as well in terms of Sales, Price, Revenue, Gross Margin and Market Share (2017-2018).

Market Segment by Regions, regional analysis covers:

  • North America (USA, Canada and Mexico)
  • Europe (Germany, France, UK, Russia and Italy)
  • Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
  • South America (Brazil, Argentina, Columbia, etc.)
  • Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

Market Segment by Type, covers:

  • Heat Exchanger
  • Compressor
  • Others

Market Segment by Applications, can be divided into

  • Small LNG Plants (<0.25 MTPA)
  • Mid-Scale LNG Plants (0.25 to 2.0 MTPA)
  • Large LNG Plants (>2.0 MTPA)
  • FLNG Plants (offshore floating plants)

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With the help of 15 chapters spread over 100 pages this report describe LNG Liquefaction Equipment Introduction, product scope, market overview, market opportunities, market risk, and market driving force. Later it provide top manufacturers sales, revenue, and price of LNG Liquefaction Equipment, in 2017 and 2018 followed by regional and country wise analysis of sales, revenue and market share. Added to above, the important forecasting information by regions, type and application, with sales and revenue from 2019 to 2024 is provided in this research report. At last information about LNG Liquefaction Equipment sales channel, distributors, traders, dealers, and research findings completes the global LNG Liquefaction Equipment market research report.

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