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Increase in demand for cleaner fuels to drive growth in the market. The transportation sector includes the movement of goods and people through roadways, ships, and airways. This involves combustion of fuels to power the transportation vehicles, which ultimately results in the emission of air pollutatnts. Maritime transport forms the backbone of world trade and globalization. Thousands of vessels connect demand and supply globally every day, which helps boost international and regional trade, helps create jobs, and spreads prosperity. Our analysts have predicted that the LNG bunkering market will register a CAGR of almost 35% by 2023.

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Market Overview

Growing marine logistics business

Maritime is the backbone of globalization and is crucial in cross-border transport networks, which support supply chains and enable international trade.

High capital requirements of using LNG as marine fuel

Fuel cost represents more 50% of the overall operational cost of a container ship. Hence, the use of LNG as marine fuel might result in high capital and operational costs, thus limiting the growth of the global LNG bunkering market during the forecast period.

For the detailed list of factors that will drive and challenge the growth of the LNG Bunkering market during the 2019-2023, view our report.

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Competitive Landscape

The market appears to be fragmented and with the presence of several companies including The Linde Group and Total the competitive environment is quite intense. Factors such as the rising demand for cleaner fuels and the growing marine logistics business, will provide considerable growth opportunities to LNG bunkering manufactures. Eagle LNG, Gasum, Royal Dutch Shell, The Linde Group, and Total are some of the major companies covered in this report.

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Table of Contents

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

2.1 Preface

2.2 Preface

2.3 Currency conversion rates for US$

PART 03: MARKET LANDSCAPE

Market ecosystem

Market characteristics

Market segmentation analysis

PART 04: MARKET SIZING

Market definition

Market sizing 2018

Market size and forecast 2018-2023

PART 05: FIVE FORCES ANALYSIS

Bargaining power of buyers

Bargaining power of suppliers

Threat of new entrants

Threat of substitutes

Threat of rivalry

Market condition

PART 06: MARKET SEGMENTATION BY END-USER

Market segmentation by end-user

Comparison by end-user

Ferry and ro-ro - Market size and forecast 2018-2023

Tanker - Market size and forecast 2018-2023

Container - Market size and forecast 2018-2023

Others - Market size and forecast 2018-2023

Market opportunity by end-user

PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE

Geographic segmentation

Geographic comparison



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