The Cryogenic Equipment Market, is projected to witness substantial growth from 2023 to 2028. The market, valued at $11.9 billion in 2023, is expected to reach $16.6 billion by 2028, with a compound annual growth rate (CAGR) of 6.9%. The growth of the cryogenic equipment …
The global cryogenic equipment market is projected to reach USD 16.6 billion by 2028 from an estimated USD 11.9 billion in 2023, at a CAGR of 6.9% during the forecast period. A cryogenic equipment is any storage or transportation apparatus that helps handle cryogenic fluids …
The global floating LNG power vessel market is expected to grow from an estimated $860.1 million in 2018 to $931.6 million by 2023. The Asia Pacific is estimated to be the largest market, followed by the Middle East & Africa. Factors such as growing population, industrialization and …
The global cryogenic equipment market is projected to reach USD 17.4 billion by 2027 from an estimated market size of USD 12.5 billion in 2022, at a CAGR of 6.8% during the forecast period. The factors driving the growth for cryogenic equipment market are high …
The global small-scale LNG market size is projected to reach USD 2.6 billion by 2025, at a CAGR of 2.6% during the forecast period. It is mainly driven by the economies of scale in the design and construction of facilities. Small-scale LNG has gained attractiveness …
Cryogenic Equipment Market New Revenue Pockets: The global cryogenic equipment market is projected to reach USD 17.1 billion by 2025 from an estimated USD 12.6 billion in 2020, at a CAGR of 6.4% during the forecast period. Rising demand for LNG across regions is creating …
The global floating LNG power vessel market is expected to grow from an estimated $860.1 million in 2018 to $931.6 million by 2023. In 2018, the Asia Pacific market is estimated to be the largest, followed by the Middle East & Africa. Factors such as …
Global Cryogenic Equipment Market Scenario: The cryogenic equipment market is projected to reach USD 17.1 billion by 2025 from an estimated USD 12.6 billion in 2020, at a CAGR of 6.4% during the forecast period. Increasing demand for industrial gases and investments in LNG infrastructure …
The global cryogenic equipment market is projected to reach USD 17.1 billion by 2025 from an estimated USD 12.6 billion in 2020, at a CAGR of 6.4% during the forecast period. Rising demand for LNG across regions is creating demand opportunities for cryogenic equipment. Also, …
The small-scale LNG market is projected to grow from 262.38 Million tons per annum in 2016 to 299.15 Million metric tons per annum by 2021, at a CAGR of 2.7% in terms of volume. Increasing demand for liquefied natural gas (LNG) from remote locations for …