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In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global LNG Tank Container market for 2018-2023.
LNG Tank Containers are used for the transportation of LNG in the intermodal transport - by sea, road and rail.
First, for industry structure analysis, the LNG Tank Container industry is not concentrated. These manufacturers range from large multinational corporations to small privately owned companies compete in this industry. The top five producers account for about 45% of the revenue market.
Second, the production of LNG Tank Container increased from 249 units in 2012 to 326 units in 2016 with an average growth rate of 7.95 %.
Third, North America occupied 28.53% of the production market in 2016. It is followed by Europe and China, which respectively account for around 23.01% and 21.17% of the global total industry. Other countries have a smaller amount of production. Geographically, North America was the largest consumption market in the world, which took about 32.21% of the global consumption volume in 2016.
Over the next five years, LPI(LP Information) projects that LNG Tank Container will register a 9.0% CAGR in terms of revenue, reach US$ 160 million by 2023, from US$ 96 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of LNG Tank Container market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
- < 25 ft
- 25-40 ft
- > 40 ft
Segmentation by application:
- Marine transportation
- Land transportation
This report also splits the market by region:
- - United States
- - Canada
- - Mexico
- - Brazil
- - China
- - Japan
- - Korea
- - Southeast Asia
- - India
- - Australia
- - Germany
- - France
- - UK
- - Italy
- - Russia
- - Spain
- Middle East & Africa
- - Egypt
- - South Africa
- - Israel
- - Turkey
- - GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report:
- Rootselaar Group
- UBH International
- M1 Engineering
- Air Water Plant & Engineering
- LUXI Group
- Corban Energy Group
- Bewellcn Shanghai
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
- To study and analyze the global LNG Tank Container consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
- To understand the structure of LNG Tank Container market by identifying its various subsegments.
- Focuses on the key global LNG Tank Container manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
- To analyze the LNG Tank Container with respect to individual growth trends, future prospects, and their contribution to the total market.
- To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
- To project the consumption of LNG Tank Container submarkets, with respect to key regions (along with their respective key countries).
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
- To strategically profile the key players and comprehensively analyze their growth strategies.