Global Floating Storage and Regasification Unit (FSRU) Market Size, Share, Forecast Report 2023

The global FSRU market is expected to increase from 82.8 MTPA in 2016, to 225.4 MTPA in 2023, at a CAGR of 13.58% from 2017 to 2023. The overall demand for FSRU has increased in recent years, this is mainly due to the increase in natural gas exploration activities along with the development of port infrastructure that includes submerged turret loading system and terminals. The demand from new LNG markets will bolster the deployment of FSRUs during the forecast period. The years used for the assessment are as follows;

  • Historical year: 2013-2015
  • Base year: 2016
  • Forecast period: 2017 – 2023

RESEARCH METHODOLOGY

The research and analysis is based on data and information obtained from various primary and secondary sources. The data obtained is validated by interacting with the companies of the concerned domain. The steps involved in the research methodology are;

  • Obtaining historical data of the market based on news, articles, publications, annual reports, white papers, and other secondary sources
  • Interacting with key opinion leaders of the market and developing data points based on interaction with them
  • Study of past trends in the market and their year on year Impact on the market size and share
  • Analyzing the collected data points
  • Bridging the data points to calculate the total FSRU market and its various segments
  • Anticipating potential risks
  • Analyzing market forces such as drivers, restraints, and opportunities to assess new growth areas for the FSRU market
  • Finalizing the overall size and share of the global FSRU market

OBJECTIVES:

  • To provide historical, current, and future forecast of the market size in terms of revenue and volume
  • To classify and forecast the growth prospect of the global FSRU market on the basis of products, application, and region
  • To identify and analyze opportunities for stakeholders in the FSRU market
  • To forecast the impact of trends, opportunities, drivers, and restraints of the global FSRU market
  • To study value chain analysis on the supply as well as the demand side
  • To understand major policy changes and regulations impacting global FSRU market
  • To identify and analyze opportunities for the new entrants in the FSRU market
  •  To profile key companies operating in the global FSRU market and provide their competitive landscape
  • To study market response with respect to the mergers and acquisitions in the industry

MARKET SCOPE

The research scope for global FSRU market is as follows:

By Construction Type

  • Converted
  • New Built 

By Deployment

  • Offshore
  • Inshore

By End Use

  • Power Generation
  • Industrial
  • Others

By Storage Capacity

  • Small Sized (less than 140 thousand cubic meters)
  • Mid-Sized ( 140 to 169 thousand cubic meters)
  • Large Sized ( greater than 169 thousand cubic meters)

By Operation Type

  • Liquefied gas carrier-FSRU
  • FSRU
  • Others

By Region

  • North America
  • Europe
  • Asia-Pacific
  • Middle East and Africa (MEA)
  • Rest of the World (RoW)

Report Detail

  • Report Code:1075
  • No. of Pages:250
  • Format:PDF/PPT/Excel

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