Global Liquefied Natural Gas Market Size & Outlook
Global liquefied natural gas market, 2018-2030 (US$M)
Related Markets
Global liquefied natural gas market highlights
- The global liquefied natural gas market generated a revenue of USD 116,315.2 million in 2023 and is expected to reach USD 208,851.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 8.7% by 2030.
- In terms of segment, power generation accounted for a revenue of USD 55,152.7 million in 2023.
- Power Generation is the most lucrative application segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
- Country-wise, Mexico is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 116,315.2 million |
| Market revenue in 2030 | USD 208,851.2 million |
| Growth rate | 8.7% (CAGR from 2023 to 2030) |
| Largest segment | Power generation |
| Fastest growing segment | Power Generation |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Transportation Fuel, Power Generation |
Other key industry trends
- In terms of revenue, the North America accounted for 0.6% of the global liquefied natural gas market in 2023.
- By country, the China is projected to lead the global market in terms of revenue in 2030.
- By country, Mexico is the fastest growing regional market and is projected to reach USD 609.4 million by 2030.
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Liquefied Natural Gas Market Scope
Liquefied Natural Gas Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global liquefied natural gas market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to liquefied natural gas market will help companies and investors design strategic landscapes.
Power generation was the largest segment with a revenue share of 47.42% in 2023. Horizon Databook has segmented the Global liquefied natural gas market based on transportation fuel, power generation covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Liquefied Natural Gas Application Outlook (Revenue, USD Million, 2018-2030)
- Residential / Commercial
- Chemical
- Industrial
- Autogas
- Refinery
- Transportation Fuel
- Power Generation
- Others
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Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Global liquefied natural gas market databook
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Our clientele includes a mix of liquefied natural gas market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of global-level data and insights on the Global liquefied natural gas market , including forecasts for subscribers. This global databook contains high-level insights into Global liquefied natural gas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Global liquefied natural gas market size, by region, 2018-2030 (US$M)
Top 10 countries: Liquefied natural gas market size, 2023 (US$M)
Global liquefied natural gas market share, by application, 2023 & 2030 (%, US$M)
Liquefied natural gas market: Opportunity assessment by country
Global liquefied natural gas market, by region, 2023 (US$M)
Related regional statistics
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