France Liquefied Natural Gas Market Size & Outlook
France liquefied natural gas market, 2018-2030 (US$M)
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France liquefied natural gas market highlights
- The France liquefied natural gas market generated a revenue of USD 3,688.9 million in 2023 and is expected to reach USD 6,066.6 million by 2030.
- The France market is expected to grow at a CAGR of 7.4% from 2024 to 2030.
- In terms of segment, power generation was the largest revenue generating application in 2023.
- Power Generation is the most lucrative application segment registering the fastest growth during the forecast period.
Liquefied natural gas market data book summary
| Market revenue in 2023 | USD 3,688.9 million |
| Market revenue in 2030 | USD 6,066.6 million |
| Growth rate | 7.4% (CAGR from 2023 to 2030) |
| Largest segment | Power generation |
| Fastest growing segment | Power Generation |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Transportation Fuel, Power Generation |
| Key market players worldwide | BP PLC, Chevron Corp, China Petroleum & Chemical Corp Class H, Eni SpA, Equinor ASA, Exxon Mobil Corp, Gazprom, PetroChina Co Ltd Class H, Shell PLC, TotalEnergies SE |
Other key industry trends
- In terms of revenue, France accounted for 3.2% of the global liquefied natural gas market in 2023.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany liquefied natural gas market is projected to lead the regional market in terms of revenue in 2030.
- Germany is the fastest growing regional market in Europe and is projected to reach USD 6,481.1 million by 2030.
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Liquefied Natural Gas Market Scope
Liquefied Natural Gas Market Companies
| Name | Profile | # Employees | HQ | Website |
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France 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 51.17% in 2023. Horizon Databook has segmented the France liquefied natural gas market based on transportation fuel, power generation covering the revenue growth of each sub-segment from 2018 to 2030.
The rise in environmental concerns and climate change has prompted countries around the world to cut down their carbon emissions. In 2015, various countries signed the Paris Agreement as a commitment to curb their carbon emissions in the future.
As per the agreement, the French government developed a plan to combat environmental concerns by introducing changes in the energy mix of the country. Consequently, France introduced the Energy Transition Law in August 2015.
This law has been developed with the aim to cut down greenhouse gas (GHG) emissions in France and to provide effective tools to stakeholders for enhancing green growth in the country. The act also promotes green growth activities in sectors such as construction, transportation, and power generation.
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Target buyers of France 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 country-level data and insights on the France liquefied natural gas market , including forecasts for subscribers. This country databook contains high-level insights into France liquefied natural gas market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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France liquefied natural gas market size, by application, 2018-2030 (US$M)
France Liquefied Natural Gas Market Outlook Share, 2023 & 2030 (US$M)
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