Small-Scale Liquefaction Market (Updated Version Available)

The Small-Scale Liquefaction market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
One issue faced by the oil and gas industry was the transportation of gas. Eventually, liquefaction of gas became the norm of the industry to reduce its volume and transport it efficiently. Conversion of natural gas from gaseous to liquid form by decreasing its temperature is known as liquefied natural gas (LNG).
The roadways market segment accounted for about 70% of the total market shares and dominated the industry. Roadways account for approximately one-fifth of the GHG emissions which have induced governments to promote the use of natural gas. Several countries have started adopting the usage of SSLNG as a replacement for diesel as the preferred fuel for long-haul trucks due to its low GHG emissions. Countries such as China and the US have already started adopting the usage of natural gas for automobiles on a large scale and the next few years will see a number of countries following this trend which will drive the growth of the market in this segment.
Americas will dominate the small-scale liquefaction industry throughout the forecast period and will also account for about 70% of the total shares of the market by 2023. North America accounts for the majority of the revenue shares in this region wherein, backed by the government, the US is the major revenue contributor. Vendors in the US have also formed associations to spread awareness regarding the industry. Much of this region\'s growth comes from the transportation sector that includes both the roadways and maritime.
In the global Small-Scale Liquefaction market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.

In global market, the following companies are covered:
Black & Veatch
GE
Linde
Shell
Siemens
Chart Industries
Cryostar
GTI
Wartsila

Market Segment by Product Type:
Direct Liquefaction
Indirect Liquefaction

Market Segment by Application:
Roadways
Bunkering
Power Industry
Other

The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Small-Scale Liquefaction market for the forecast period 2020 - 2025?
• What are the driving forces in the Small-Scale Liquefaction market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Small-Scale Liquefaction industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?