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© 2016 Global Market Insights, Inc. USA. All Rights Reserved FLNG Market Share, Regional Outlook & Forecast FLNG Market.

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Presentation on theme: "© 2016 Global Market Insights, Inc. USA. All Rights Reserved FLNG Market Share, Regional Outlook & Forecast FLNG Market."— Presentation transcript:

1 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com FLNG Market Share, Regional Outlook & Forecast 2017 - 2024 FLNG Market Size By Technology (LNG FPSO, FSRU), By Capacity (Small/Mid-Scale, Large Scale), Industry Analysis Report, Regional Outlook (U.S., UK, Russia, China, Australia, Indonesia, Malaysia, India, Pakistan, UAE, Turkey, Egypt, Congo, Equatorial Guinea, Cameroon, Mozambique, Ghana, Brazil, Chile, Colombia), Price Trends, Competitive Market Share & Forecast, 2017-2024

2 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  FLNG Market size is set to exceed USD 78 billion by 2024, according to a new research report by Global Market Insights, Inc.  Favorable government initiatives including fiscal incentives to improve energy supply security will drive the FLNG market size.  In 2017, the European Union enacted a proposal to invest USD 500 million in priority energy infrastructure including the implementation of FSRU vessels in the Member States.  Significant developments of integrated LNG-to-power projects predominantly across the power deficit countries will stimulate the FSRU market.  Growing demand for gas fueled power plants will reinforce the commercialization of LNG regasification which will positively impact the industry growth. Global Market Scenario of FLNG

3 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com For Customization as per your requirement please click @ http://bit.ly/2vZakwt http://bit.ly/2vZakwt Asia Pacific FLNG Market Size, By Product, 2016 & 2024 (USD Billion)

4 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  FSRU market in 2016 was valued over 90 MTPA. Fast track implementation, lower investment cost and enhanced flexibility are some of the factors which will positively influence the industry growth.  Growing demand for natural gas, primarily across Asia pacific will stimulate the LNG FPSO market share. In 2016, the Asia Pacific natural gas consumption increased by over 4.9% from 2010.Vessel ability to relocate from one place to another, cost efficiency relative to onshore liquefaction plants and adaptability to operate in any well depth are some of the features which may propel the business growth. Products Insights

5 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  U.S. FLNG market is set to witness gain over 38 % by 2024. Favorable government measures to minimize ecological damage from marine operations will stimulate the product demand. In 2017, the U.S. Maritime Administration (MARAD) approved the country’s first deep-water floating LNG export facility in the Gulf of Mexico. The facility will include four floating liquefaction vessels, each having a capacity of 210,000 cubic meters of natural gas to reduce number of coastal shipments.  UAE floating liquefied natural gas market share is predicted to grow over 10 % owing to rapid demographic and economic growth across the region. Growing demand for electricity along with increasing internal demand for natural gas will boost the product penetration. Abu Dhabi National Oil company is planning to implement a new floating import terminal (FSRU) in 2017 to offset growing internal gas demand. Regional and Competitive Insights

6 © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report @ http://bit.ly/2uXAN0a Request for Sample of this Research Report @ http://bit.ly/2tBDGR2 For Customization as per your requirement please click@ http://bit.ly/2vZakwt

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