Industry: Machinery & Equipment
Published Date: 2026-07-15
Pages: 131 Pages
Report ld: 6951877
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LNG Carrier Market Size(US$)

CAGR 2026-2032
4.1%
Market Size,2032
USD 18,120
Million
Market Snapshot
Source: Secondary research, interviews with experts, and QYResearch analysis
The global market for LNG Carrier was estimated to be worth US$ 13730 million in 2025 and is projected to reach US$ 18120 million, growing at a CAGR of 4.1% from 2026 to 2032.
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 provides a comprehensive view of the global market for LNG Carrier, covering total sales volume, sales revenue, pricing, the market share and ranking of key companies, along with analyses by region & country, by Type, and by Application.
The LNG Carrier market size, estimations, and forecasts are presented in terms of sales volume (Units) and revenue ($ millions), with 2025 as the base year and historical and forecast data from 2021 to 2032. The report combines quantitative and qualitative analysis to help readers develop growth strategies, assess the competitive landscape, evaluate their position in the current marketplace, and make informed business decisions regarding LNG Carrier.
MARKET SEGMENTATION
CHAPTER OUTLINE
Chapter 1: Introduces the scope of the report and the global market size (value, volume, and price). It also summarizes market dynamics and Recent Developments; identifies key drivers and restraints; outlines challenges and risks for manufacturers; reviews relevant industry policies and U.S. tariff implications.
Chapter 2: Provides a detailed analysis of the LNG Carrier manufacturers' competitive landscape—including pricing, sales and revenue shares, Recent Developments plans, and mergers and acquisitions (M&A).
Chapter 3: Analyzes market segmentation by Type, presenting the size and growth potential of each segment to help readers identify blue-ocean opportunities.
Chapter 4: Analyzes market segmentation by Application, presenting the size and growth potential of each downstream segment to help readers identify blue-ocean opportunities.
Chapter 5: Presents LNG Carrier sales and revenue at the regional level. It offers a quantitative assessment of market size and growth potential by region and summarizes market development, future prospects, addressable space, and country-level market size worldwide.
Chapter 6: Presents LNG Carrier sales and revenue at the country level. It provides segmented data by Type and by Application for each country/region.
Chapter 7: Profiles key players, detailing the main companies' product sales, revenue, pricing, gross margin, product portfolios, Recent Developments, etc.
Chapter 8: Analyzes the industry value chain, including upstream suppliers and downstream applications/customers.
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 (2021–2032)
1.2.2 Global LNG Carrier Sales Volume (2021–2032)
1.2.3 Global LNG Carrier Sales Price (2021–2032)
1.3 LNG Carrier Market Trends & Drivers
1.3.1 LNG Carrier Industry Trends
1.3.2 LNG Carrier Market Drivers & Opportunities
1.3.3 LNG Carrier Market Challenges
1.3.4 LNG Carrier Market Restraints
1.3.5 Impact of U.S. Tariffs
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 (2025)
2.2 Global LNG Carrier Revenue by Company (2021–2026)
2.3 Global LNG Carrier Sales Volume Ranking of Players (2025)
2.4 Global LNG Carrier Sales Volume by Company (2021–2026)
2.5 Global LNG Carrier Average Price by Company (2021–2026)
2.6 Key Manufacturers LNG Carrier Manufacturing Base and Headquarters
2.7 Key Manufacturers LNG Carrier Product Offerings
2.8 Key Manufacturers Start of Mass Production of LNG Carrier
2.9 LNG Carrier Market Competitive Analysis
2.9.1 LNG Carrier Market Concentration Rate (2021–2026)
2.9.2 Global 5 and 10 Largest Manufacturers by LNG Carrier Revenue in 2025
2.9.3 Global Companies by Tier (Tier 1, Tier 2, Tier 3), based on LNG Carrier revenue, 2025
2.10 Mergers & Acquisitions and Expansion
3 Segmentation LNG Carrier Market Classification
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
3.1.4 Global LNG Carrier Sales Value by Type
3.1.4.1 Global LNG Carrier Sales Value by Type (2021 vs 2025 vs 2032)
3.1.4.2 Global LNG Carrier Sales Value, by Type (2021–2032)
3.1.4.3 Global LNG Carrier Sales Value, by Type (%), 2021–2032
3.1.5 Global LNG Carrier Sales Volume by Type
3.1.5.1 Global LNG Carrier Sales Volume by Type (2021 vs 2025 vs 2032)
3.1.5.2 Global LNG Carrier Sales Volume, by Type (2021–2032)
3.1.5.3 Global LNG Carrier Sales Volume, by Type (%), 2021–2032
3.1.6 Global LNG Carrier Average Price by Type (2021–2032)
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 (2021 vs 2025 vs 2032)
4.2.2 Global LNG Carrier Sales Value, by Application (2021–2032)
4.2.3 Global LNG Carrier Sales Value, by Application (%), 2021–2032
4.3 Global LNG Carrier Sales Volume by Application
4.3.1 Global LNG Carrier Sales Volume by Application (2021 vs 2025 vs 2032)
4.3.2 Global LNG Carrier Sales Volume, by Application (2021–2032)
4.3.3 Global LNG Carrier Sales Volume, by Application (%), 2021–2032
4.4 Global LNG Carrier Average Price by Application (2021–2032)
5 Segmentation by Region
5.1 Global LNG Carrier Sales Value by Region
5.1.1 Global LNG Carrier Sales Value by Region: 2021 vs 2025 vs 2032
5.1.2 Global LNG Carrier Sales Value by Region (2021–2026)
5.1.3 Global LNG Carrier Sales Value by Region (2027–2032)
5.1.4 Global LNG Carrier Sales Value by Region (%), 2021–2032
5.2 Global LNG Carrier Sales Volume by Region
5.2.1 Global LNG Carrier Sales Volume by Region: 2021 vs 2025 vs 2032
5.2.2 Global LNG Carrier Sales Volume by Region (2021–2026)
5.2.3 Global LNG Carrier Sales Volume by Region (2027–2032)
5.2.4 Global LNG Carrier Sales Volume by Region (%), 2021–2032
5.3 Global LNG Carrier Average Price by Region (2021–2032)
5.4 North America
5.4.1 North America LNG Carrier Sales Value, 2021–2032
5.4.2 North America LNG Carrier Sales Value by Country (%), 2025 vs 2032
5.5 Europe
5.5.1 Europe LNG Carrier Sales Value, 2021–2032
5.5.2 Europe LNG Carrier Sales Value by Country (%), 2025 vs 2032
5.6 Asia Pacific
5.6.1 Asia Pacific LNG Carrier Sales Value, 2021–2032
5.6.2 Asia Pacific LNG Carrier Sales Value by Region (%), 2025 vs 2032
5.7 South America
5.7.1 South America LNG Carrier Sales Value, 2021–2032
5.7.2 South America LNG Carrier Sales Value by Country (%), 2025 vs 2032
5.8 Middle East & Africa
5.8.1 Middle East & Africa LNG Carrier Sales Value, 2021–2032
5.8.2 Middle East & Africa LNG Carrier Sales Value by Country (%), 2025 vs 2032
6 Segmentation by Key Countries/Regions
6.1 Key Countries/Regions LNG Carrier Sales Value Growth Trends, 2021 vs 2025 vs 2032
6.2 Key Countries/Regions LNG Carrier Sales Value and Sales Volume
6.2.1 Key Countries/Regions LNG Carrier Sales Value, 2021–2032
6.2.2 Key Countries/Regions LNG Carrier Sales Volume, 2021–2032
6.3 United States
6.3.1 United States LNG Carrier Sales Value, 2021–2032
6.3.2 United States LNG Carrier Sales Value by Type (%), 2025 vs 2032
6.3.3 United States LNG Carrier Sales Value by Application, 2025 vs 2032
6.4 Europe
6.4.1 Europe LNG Carrier Sales Value, 2021–2032
6.4.2 Europe LNG Carrier Sales Value by Type (%), 2025 vs 2032
6.4.3 Europe LNG Carrier Sales Value by Application, 2025 vs 2032
6.5 China
6.5.1 China LNG Carrier Sales Value, 2021–2032
6.5.2 China LNG Carrier Sales Value by Type (%), 2025 vs 2032
6.5.3 China LNG Carrier Sales Value by Application, 2025 vs 2032
6.6 Japan
6.6.1 Japan LNG Carrier Sales Value, 2021–2032
6.6.2 Japan LNG Carrier Sales Value by Type (%), 2025 vs 2032
6.6.3 Japan LNG Carrier Sales Value by Application, 2025 vs 2032
6.7 South Korea
6.7.1 South Korea LNG Carrier Sales Value, 2021–2032
6.7.2 South Korea LNG Carrier Sales Value by Type (%), 2025 vs 2032
6.7.3 South Korea LNG Carrier Sales Value by Application, 2025 vs 2032
6.8 Southeast Asia
6.8.1 Southeast Asia LNG Carrier Sales Value, 2021–2032
6.8.2 Southeast Asia LNG Carrier Sales Value by Type (%), 2025 vs 2032
6.8.3 Southeast Asia LNG Carrier Sales Value by Application, 2025 vs 2032
6.9 India
6.9.1 India LNG Carrier Sales Value, 2021–2032
6.9.2 India LNG Carrier Sales Value by Type (%), 2025 vs 2032
6.9.3 India LNG Carrier Sales Value by Application, 2025 vs 2032
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 (2021–2026)
7.1.4 STX Offshore & Shipbuilding LNG Carrier Product Offerings
7.1.5 STX Offshore & Shipbuilding Recent Developments
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 (2021–2026)
7.2.4 Samsung Heavy Industries LNG Carrier Product Offerings
7.2.5 Samsung Heavy Industries Recent Developments
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 (2021–2026)
7.3.4 Mitsui O.S.K. Lines (MOL) LNG Carrier Product Offerings
7.3.5 Mitsui O.S.K. Lines (MOL) Recent Developments
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 (2021–2026)
7.4.4 Mitsubishi Heavy Industries LNG Carrier Product Offerings
7.4.5 Mitsubishi Heavy Industries Recent Developments
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 (2021–2026)
7.5.4 Kawasaki Heavy Industries LNG Carrier Product Offerings
7.5.5 Kawasaki Heavy Industries Recent Developments
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 (2021–2026)
7.6.4 Hyundai Heavy Industries LNG Carrier Product Offerings
7.6.5 Hyundai Heavy Industries Recent Developments
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 (2021–2026)
7.7.4 GasLog Ltd LNG Carrier Product Offerings
7.7.5 GasLog Ltd Recent Developments
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 (2021–2026)
7.8.4 Dynagas Ltd LNG Carrier Product Offerings
7.8.5 Dynagas Ltd Recent Developments
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 (2021–2026)
7.9.4 Daewoo Shipbuilding and Marine Engineering (DSME) LNG Carrier Product Offerings
7.9.5 Daewoo Shipbuilding and Marine Engineering (DSME) Recent Developments
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 (2021–2026)
7.10.4 China State Shipbuilding Corporation LNG Carrier Product Offerings
7.10.5 China State Shipbuilding Corporation Recent Developments
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 Key Suppliers of Raw Materials
8.2.3 Manufacturing Cost Structure
8.3 Midstream Analysis
8.4 Downstream Analysis (Customer Analysis)
8.5 Sales Model and Sales Channelss
8.5.1 LNG Carrier Sales Model
8.5.2 Sales Channels
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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