Dublin, Oct. 16, 2023 (GLOBE NEWSWIRE) -- The "Global Floating Storage Regasification Unit (FSRU) Market 2023-2027" report has been added to ResearchAndMarkets.com's offering.
The global Floating Storage Regasification Unit (FSRU) market is poised for significant growth, with a projected increase of USD 805.25 million during the period 2022-2027, experiencing a robust CAGR of 7.88%. A comprehensive report on the FSRU market highlights key insights, including market size, trends, growth drivers, challenges, and a thorough vendor analysis featuring approximately 25 leading companies.
In the current market landscape, FSRUs are witnessing increased demand due to their cost competitiveness, rising offshore gas exploration activities, and the extensive utilization of natural gas in the transportation sector.
Segmentation Breakdown:
By End-user:
- Power generation
- Industrial
- Others
By Type:
- Newly built
- Converted
By Geographical Landscape:
- Middle East and Africa
- APAC (Asia-Pacific)
- Europe
- North America
- South America
This study identifies the stabilization of crude oil prices as a prime catalyst driving the growth of the FSRU market in the coming years. Additionally, the increasing demand for cleaner bunker fuel, coupled with a decline in capital expenditures (CAPEX) and deepwater activities, is expected to create substantial demand within the market.
The report on the Floating Storage Regasification Unit (FSRU) market encompasses the following key areas:
- FSRU market sizing
- FSRU market forecast
- FSRU market industry analysis
Key Companies Mentioned:
- BUMI ARMADA BERHAD
- BW Group
- Dynagas Ltd.
- Eni SpA
- Excelerate Energy Inc.
- Exmar NV
- Flex LNG Ltd.
- Golar LNG Ltd.
- H Energy Group of Companies
- Hoegh LNG Holdings Ltd.
- Jaya Samudra Karunia Group
- Karadeniz Holding A.S.
- LNG Hrvatska d.o.o
- MITSUI and CO. LTD.
- OLT Offshore LNG Toscana Spa
- RWE AG
- SENER GRUPO DE INGENIERIA SA
- Swan Energy Ltd.
- Teekay Corp.
- Trafigura Group Pte. Ltd.
For more information about this report visit https://www.researchandmarkets.com/r/awom19
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