Industry: Machinery & Equipment
Published Date: 2025-02-25
Pages: 103 Pages
Report ld: 4241724
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LNG Carrier Market Size(US$)

CAGR 2025-2031
4.1%
Market Size,2031
USD 17,470
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for LNG Carrier was estimated to be worth US$ 13240 million in 2024 and is forecast to a readjusted size of US$ 17470 million by 2031 with a CAGR of 4.1% during the forecast period 2025-2031.
LNG carriers are the tank ships designed to carry Liquefied Natural Gas (LNG) at a cryogenic temperature of −161°C. These carriers are equipped with efficient steam turbine-driven propulsion systems, which are propelled by dual fuel diesel electric propulsion systems. This increases the efficiency of LNG carriers by approximate 30% as compared to conventional vessels.
LNG carriers have high resistance to thermal and mechanical stress and strain. LNG carrier manufacturers are constantly involved in innovation and development in order to save cost, increase carrier capacity and improve carrier design. Natural gas is one of the world’s most needed feedstock and with the ever-growing demand for clean energy sources, the demand for LNG is rising, which is subsequently driving the LNG carrier market. The LNG carrier market possesses pronounced growth opportunities for the growth of new as well as established players.
This report aims to provide a comprehensive presentation of the global market for LNG Carrier, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of LNG Carrier by region & country, by Type, and by Application.
The LNG Carrier market size, estimations, and forecasts are provided in terms of sales volume (Units) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding LNG Carrier.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of LNG Carrier manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of LNG Carrier in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of LNG Carrier in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
QYRESEARCH'S STRENGTHS
Unlike generic global market reports, this study combines macro-level industry trends with hyper-local operational intelligence, empowering data-driven decisions across the Compound Chocolate value chain, addressing:
We identify regional market threats and growth prospects to guide your overseas layout.
We adjust product portfolios in line with local consumption habits.
We unpack rivals’ operation strategies for scattered and highly concentrated industries.
We cover competition landscape, full supply chain and quantified market size data, and deliver tailor-made customized surveys to meet your unique business demands.
We own self-owned massive exclusive databases, backed by 19 years of global market research experience across thousands of sectors.
Our team operates 24 hours a day, 365 days a year, enabling ultra-fast report turnaround to respond to your research needs efficiently.
We integrate regional risk assessment, localized product optimization and competitor analysis to deliver actionable market strategies.
All data is cross-verified from multiple industry sources to deliver thorough, precise analysis that supports reliable corporate strategic decisions.
We provide responsive, dedicated after-sales support to resolve all follow-up inquiries about reports, data and industry interpretation.
TABLE OF CONTENTS
1 Market Overview
1.1 LNG Carrier Product Introduction
1.2 Global LNG Carrier Market Size Forecast
1.2.1 Global LNG Carrier Sales Value (2020-2031)
1.2.2 Global LNG Carrier Sales Volume (2020-2031)
1.2.3 Global LNG Carrier Sales Price (2020-2031)
1.3 LNG Carrier Market Trends & Drivers
1.3.1 LNG Carrier Industry Trends
1.3.2 LNG Carrier Market Drivers & Opportunity
1.3.3 LNG Carrier Market Challenges
1.3.4 LNG Carrier Market Restraints
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Competitive Analysis by Company
2.1 Global LNG Carrier Players Revenue Ranking (2024)
2.2 Global LNG Carrier Revenue by Company (2020-2025)
2.3 Global LNG Carrier Players Sales Volume Ranking (2024)
2.4 Global LNG Carrier Sales Volume by Company Players (2020-2025)
2.5 Global LNG Carrier Average Price by Company (2020-2025)
2.6 Key Manufacturers LNG Carrier Manufacturing Base and Headquarters
2.7 Key Manufacturers LNG Carrier Product Offered
2.8 Key Manufacturers Time to Begin Mass Production of LNG Carrier
2.9 LNG Carrier Market Competitive Analysis
2.9.1 LNG Carrier Market Concentration Rate (2020-2025)
2.9.2 Global 5 and 10 Largest Manufacturers by LNG Carrier Revenue in 2024
2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in LNG Carrier as of 2024)
2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
3.1 Introduction by Type
3.1.1 Under 120,000 m3
3.1.2 120,000–160,000 m3
3.1.3 Above 160,000 m3
3.2 Global LNG Carrier Sales Value by Type
3.2.1 Global LNG Carrier Sales Value by Type (2020 VS 2024 VS 2031)
3.2.2 Global LNG Carrier Sales Value, by Type (2020-2031)
3.2.3 Global LNG Carrier Sales Value, by Type (%) (2020-2031)
3.3 Global LNG Carrier Sales Volume by Type
3.3.1 Global LNG Carrier Sales Volume by Type (2020 VS 2024 VS 2031)
3.3.2 Global LNG Carrier Sales Volume, by Type (2020-2031)
3.3.3 Global LNG Carrier Sales Volume, by Type (%) (2020-2031)
3.4 Global LNG Carrier Average Price by Type (2020-2031)
4 Segmentation by Application
4.1 Introduction by Application
4.1.1 Government Organization
4.1.2 LNG Supplier
4.1.3 Others
4.2 Global LNG Carrier Sales Value by Application
4.2.1 Global LNG Carrier Sales Value by Application (2020 VS 2024 VS 2031)
4.2.2 Global LNG Carrier Sales Value, by Application (2020-2031)
4.2.3 Global LNG Carrier Sales Value, by Application (%) (2020-2031)
4.3 Global LNG Carrier Sales Volume by Application
4.3.1 Global LNG Carrier Sales Volume by Application (2020 VS 2024 VS 2031)
4.3.2 Global LNG Carrier Sales Volume, by Application (2020-2031)
4.3.3 Global LNG Carrier Sales Volume, by Application (%) (2020-2031)
4.4 Global LNG Carrier Average Price by Application (2020-2031)
5 Segmentation by Region
5.1 Global LNG Carrier Sales Value by Region
5.1.1 Global LNG Carrier Sales Value by Region: 2020 VS 2024 VS 2031
5.1.2 Global LNG Carrier Sales Value by Region (2020-2025)
5.1.3 Global LNG Carrier Sales Value by Region (2026-2031)
5.1.4 Global LNG Carrier Sales Value by Region (%), (2020-2031)
5.2 Global LNG Carrier Sales Volume by Region
5.2.1 Global LNG Carrier Sales Volume by Region: 2020 VS 2024 VS 2031
5.2.2 Global LNG Carrier Sales Volume by Region (2020-2025)
5.2.3 Global LNG Carrier Sales Volume by Region (2026-2031)
5.2.4 Global LNG Carrier Sales Volume by Region (%), (2020-2031)
5.3 Global LNG Carrier Average Price by Region (2020-2031)
5.4 North America
5.4.1 North America LNG Carrier Sales Value, 2020-2031
5.4.2 North America LNG Carrier Sales Value by Country (%), 2024 VS 2031
5.5 Europe
5.5.1 Europe LNG Carrier Sales Value, 2020-2031
5.5.2 Europe LNG Carrier Sales Value by Country (%), 2024 VS 2031
5.6 Asia Pacific
5.6.1 Asia Pacific LNG Carrier Sales Value, 2020-2031
5.6.2 Asia Pacific LNG Carrier Sales Value by Region (%), 2024 VS 2031
5.7 South America
5.7.1 South America LNG Carrier Sales Value, 2020-2031
5.7.2 South America LNG Carrier Sales Value by Country (%), 2024 VS 2031
5.8 Middle East & Africa
5.8.1 Middle East & Africa LNG Carrier Sales Value, 2020-2031
5.8.2 Middle East & Africa LNG Carrier Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions LNG Carrier Sales Value Growth Trends, 2020 VS 2024 VS 2031
6.2 Key Countries/Regions LNG Carrier Sales Value
6.2.1 Key Countries/Regions LNG Carrier Sales Value, 2020-2031
6.2.2 Key Countries/Regions LNG Carrier Sales Volume, 2020-2031
6.3 United States
6.3.1 United States LNG Carrier Sales Value, 2020-2031
6.3.2 United States LNG Carrier Sales Value by Type (%), 2024 VS 2031
6.3.3 United States LNG Carrier Sales Value by Application, 2024 VS 2031
6.4 Europe
6.4.1 Europe LNG Carrier Sales Value, 2020-2031
6.4.2 Europe LNG Carrier Sales Value by Type (%), 2024 VS 2031
6.4.3 Europe LNG Carrier Sales Value by Application, 2024 VS 2031
6.5 China
6.5.1 China LNG Carrier Sales Value, 2020-2031
6.5.2 China LNG Carrier Sales Value by Type (%), 2024 VS 2031
6.5.3 China LNG Carrier Sales Value by Application, 2024 VS 2031
6.6 Japan
6.6.1 Japan LNG Carrier Sales Value, 2020-2031
6.6.2 Japan LNG Carrier Sales Value by Type (%), 2024 VS 2031
6.6.3 Japan LNG Carrier Sales Value by Application, 2024 VS 2031
6.7 South Korea
6.7.1 South Korea LNG Carrier Sales Value, 2020-2031
6.7.2 South Korea LNG Carrier Sales Value by Type (%), 2024 VS 2031
6.7.3 South Korea LNG Carrier Sales Value by Application, 2024 VS 2031
6.8 Southeast Asia
6.8.1 Southeast Asia LNG Carrier Sales Value, 2020-2031
6.8.2 Southeast Asia LNG Carrier Sales Value by Type (%), 2024 VS 2031
6.8.3 Southeast Asia LNG Carrier Sales Value by Application, 2024 VS 2031
6.9 India
6.9.1 India LNG Carrier Sales Value, 2020-2031
6.9.2 India LNG Carrier Sales Value by Type (%), 2024 VS 2031
6.9.3 India LNG Carrier Sales Value by Application, 2024 VS 2031
7 Company Profiles
7.1 STX Offshore & Shipbuilding
7.1.1 STX Offshore & Shipbuilding Company Information
7.1.2 STX Offshore & Shipbuilding Introduction and Business Overview
7.1.3 STX Offshore & Shipbuilding LNG Carrier Sales, Revenue, Price and Gross Margin (2020-2025)
7.1.4 STX Offshore & Shipbuilding LNG Carrier Product Offerings
7.1.5 STX Offshore & Shipbuilding Recent Development
7.2 Samsung Heavy Industries
7.2.1 Samsung Heavy Industries Company Information
7.2.2 Samsung Heavy Industries Introduction and Business Overview
7.2.3 Samsung Heavy Industries LNG Carrier Sales, Revenue, Price and Gross Margin (2020-2025)
7.2.4 Samsung Heavy Industries LNG Carrier Product Offerings
7.2.5 Samsung Heavy Industries Recent Development
7.3 Mitsui O.S.K. Lines (MOL)
7.3.1 Mitsui O.S.K. Lines (MOL) Company Information
7.3.2 Mitsui O.S.K. Lines (MOL) Introduction and Business Overview
7.3.3 Mitsui O.S.K. Lines (MOL) LNG Carrier Sales, Revenue, Price and Gross Margin (2020-2025)
7.3.4 Mitsui O.S.K. Lines (MOL) LNG Carrier Product Offerings
7.3.5 Mitsui O.S.K. Lines (MOL) Recent Development
7.4 Mitsubishi Heavy Industries
7.4.1 Mitsubishi Heavy Industries Company Information
7.4.2 Mitsubishi Heavy Industries Introduction and Business Overview
7.4.3 Mitsubishi Heavy Industries LNG Carrier Sales, Revenue, Price and Gross Margin (2020-2025)
7.4.4 Mitsubishi Heavy Industries LNG Carrier Product Offerings
7.4.5 Mitsubishi Heavy Industries Recent Development
7.5 Kawasaki Heavy Industries
7.5.1 Kawasaki Heavy Industries Company Information
7.5.2 Kawasaki Heavy Industries Introduction and Business Overview
7.5.3 Kawasaki Heavy Industries LNG Carrier Sales, Revenue, Price and Gross Margin (2020-2025)
7.5.4 Kawasaki Heavy Industries LNG Carrier Product Offerings
7.5.5 Kawasaki Heavy Industries Recent Development
7.6 Hyundai Heavy Industries
7.6.1 Hyundai Heavy Industries Company Information
7.6.2 Hyundai Heavy Industries Introduction and Business Overview
7.6.3 Hyundai Heavy Industries LNG Carrier Sales, Revenue, Price and Gross Margin (2020-2025)
7.6.4 Hyundai Heavy Industries LNG Carrier Product Offerings
7.6.5 Hyundai Heavy Industries Recent Development
7.7 GasLog Ltd
7.7.1 GasLog Ltd Company Information
7.7.2 GasLog Ltd Introduction and Business Overview
7.7.3 GasLog Ltd LNG Carrier Sales, Revenue, Price and Gross Margin (2020-2025)
7.7.4 GasLog Ltd LNG Carrier Product Offerings
7.7.5 GasLog Ltd Recent Development
7.8 Dynagas Ltd
7.8.1 Dynagas Ltd Company Information
7.8.2 Dynagas Ltd Introduction and Business Overview
7.8.3 Dynagas Ltd LNG Carrier Sales, Revenue, Price and Gross Margin (2020-2025)
7.8.4 Dynagas Ltd LNG Carrier Product Offerings
7.8.5 Dynagas Ltd Recent Development
7.9 Daewoo Shipbuilding and Marine Engineering (DSME)
7.9.1 Daewoo Shipbuilding and Marine Engineering (DSME) Company Information
7.9.2 Daewoo Shipbuilding and Marine Engineering (DSME) Introduction and Business Overview
7.9.3 Daewoo Shipbuilding and Marine Engineering (DSME) LNG Carrier Sales, Revenue, Price and Gross Margin (2020-2025)
7.9.4 Daewoo Shipbuilding and Marine Engineering (DSME) LNG Carrier Product Offerings
7.9.5 Daewoo Shipbuilding and Marine Engineering (DSME) Recent Development
7.10 China State Shipbuilding Corporation
7.10.1 China State Shipbuilding Corporation Company Information
7.10.2 China State Shipbuilding Corporation Introduction and Business Overview
7.10.3 China State Shipbuilding Corporation LNG Carrier Sales, Revenue, Price and Gross Margin (2020-2025)
7.10.4 China State Shipbuilding Corporation LNG Carrier Product Offerings
7.10.5 China State Shipbuilding Corporation Recent Development
8 Industry Chain Analysis
8.1 LNG Carrier Industrial Chain
8.2 LNG Carrier Upstream Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customers Analysis)
8.5 Sales Model and Sales Channels
8.5.1 LNG Carrier Sales Model
8.5.2 Sales Channel
8.5.3 LNG Carrier Distributors
9 Research Findings and Conclusion
10 Appendix
10.1 Research Methodology
10.1.1 Methodology/Research Approach
10.1.1.1 Research Programs/Design
10.1.1.2 Market Size Estimation
10.1.1.3 Market Breakdown and Data Triangulation
10.1.2 Data Source
10.1.2.1 Secondary Sources
10.1.2.2 Primary Sources
10.2 Author Details
10.3 Disclaimer
TABLE OF FIGURES
List of Tables
List of Figures
KEY QUESTIONS ADDRESSED BY THE REPORT
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REPORT COVERAGE
DESCRIPTION
OVERVIEW
MARKET SEGMENTATION
CHAPTER OUTLINE
QYRESEARCH'S STRENGTHS
TABLE OF CONTENTS
TABLE OF FIGURES
RLEATED REPORTS
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