Global Floating Liquefied Natural Gas (LNG) Power Vessel Market is accounted for $654.14 million in 2020 and is expected to reach $868.06 million by 2028 growing at a CAGR of 3.6% during the forecast period. Factors such as increasing demand for power and lack of power infrastructure are driving the growth of the market.
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By geography, Asia Pacific is going to have high growth during the forecast period as the governments of this region are spending heavily to meet the increased demand for power.
Some of the key players profiled in the Floating Liquefied Natural Gas (LNG) Power Vessel Market include Caterpillar, Inc, Mitsubishi Heavy Industries, Ltd, Siemens AG , Hyundai Heavy Industries Co., Ltd, Samsung Heavy Industries Co., Ltd, Mitsui O.S.K. Lines, Ltd, Chiyoda Corporation, Power Barge Corporation, IHI Corporation, Man Diesel & Turbo SE, Wartsila Corporation, Wison Group, Sevan Marine Asa, Modec, Inc, and Waller Marine, Inc.
Vessel Types Covered in Floating Liquefied Natural Gas (LNG) Power Vessel Market
• Power Ship
• Power Barge
Components Covered:
• Power Generation System
• Power Distribution System
Power Outputs Covered:
• Small Scale (Up to 72 MW)
• Medium Scale (>72 MW-400 MW)
• High Scale (>400 MW)
Sales Channels Covered:
• Direct Sales
• Distributor
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