LNG Station Market - Global Forecast to 2030
The LNG Station market is anticipated to grow from USD 1.32 billion in 2025 to USD 1.98 billion by 2030 with a CAGR of 8.4% during 2025–2030. An LNG Station is a facility intended on storing and dispensing liquefied natural gas (LNG) as a fuel for a variety of applications, including heavy-duty transportation, marine vessel, and onsite storage of energy. The transportation sector is responsible for roughly 25% of global greenhouse gas emissions, with the maritime sector contributing approximately 3%. As the urgency surrounding climate change increases at a global level, so does the importance of decarbonizing the transportation sector, and LNG provides an important opportunity. The increased urgency concerning environmental concerns fuels the market for LNG thereby fuelling the market for LNG stations. Furthermore, rising government regulation and support, together with investment contributions, further promote the deployment of LNG stations.
By the station type, the LNG station market is segregated into fixed LNG station, mobile LNG station, and floating LNG station. Fixed LNG stations are mainly driven by the need for dependable, large-capacity fueling infrastructure and network in transportation corridors and industrial centers to support the growing fleet of LNG powered trucks, buses and vessels. Mobile LNG stations are driven by developing LNG infrastructure and the need for flexibility and accessibility. Floating LNG stations (including FSRUs-Floating Storage and Regasification Units) address the need for flexible import and distribution bundles, especially for coastal markets and emerging markets when it is impractical or not cost effective to build an onshore terminal.
By the capacity type, the LNG station market is segregated into small scale, medium scale, and large scale. Small-scale LNG stations are increasingly serving Localized Demand - e.g. refueling heavy-duty trucks, buses and industrial customers in isolated and off-grid locations - capitalizing on their modular, scalable, and cost-effective approach to allow for swift installation. Medium-scale stations are emerging along major logistics lanes and ferry routes as fleet sizes grow, but are refueling more often, and require enhanced capacity and reliability. These stations serve as a mainstay for the growth in LNG utilization in commercial road transport and short-sea shipping. Large-scale LNG stations are being developed at ports and logistical hubs to upstream customer needs for high demand applications, including LNG bunkering for deep-sea vessels and fuelling of large freight fleet vessels.
By Application, the LNG station market is segregated into heavy-duty vehicles, light-duty vehicles, and marine sector. In heavy-duty vehicles, LNG is becoming a feasible substitute for diesel where the vehicle is working over long-distance hauls, mainly related to energy density of LNG, fuel prices, and emissions management. Light-duty vehicles are being driven by pilot programs and fleet-deployed vehicles, as well as several regional clean transport initiatives to reduce urban-based-emissions and to encourage temporary renewable. The marine sector is becoming increasingly reliant on LNG due to international regulatory influence, and specifically due to the IMO regulations, which require significant reductions in sulfur emissions and greenhouse gas emissions.
By Region, the LNG station market is segregated into North America, Asia Pacific, Europe, and Rest of the World. The demand for LNG stations in the Asia Pacific region is fueled by its commitment to shift to cleaner fuels as a preferred alternative to traditional fuel to reduce its emissions. Recently, GreenLine Mobility Solutions Ltd, the Essar group venture that operates LNG and electric-powered heavy commercial trucks announced its plans to set up 100 LNG refueling stations to accelerate decarbonisation of heavy trucking in India. Similarly, North America region is also adopting LNG fuel in transportation to reduce its emissions.
A few of the players operating in the LNG station market include Cryonorm Group (Netherlands), Chart Industries (Georgia), Indian Oil Corporation Ltd (India), Shell (England), among others.
Key Questions Addressed by the Report
Frequently Asked Questions (FAQs)
- What is the current size of the LNG Station Market?
- What trends could be witnessed over the next five to ten years?
- What are the major drivers for the LNG Station Market?
- Which is the largest segment by application during the forecasted period in the LNG Station Market?
- Which is the fastest-growing region during the forecasted period in the LNG Station Market?
- What will be the revenue pockets for the LNG Station Market in the next five years?
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1 INTRODUCTION
1.1 OBJECTIVE OF THE STUDY
1.2 MARKET DEFINITION
1.2.1 INCLUSIONS AND EXCLUSIONS
1.3 MARKET SCOPE
1.3.1 MARKET SEGMENTATION
1.3.2 REGIONAL SCOPE
1.4 YEARS CONSIDERED
1.5 CURRENCY
1.6 LIMITATIONS
1.7 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION
2.2.1 SECONDARY DATA
2.2.1.1 KEY DATA FROM SECONDARY SOURCES
2.2.2 PRIMARY DATA
2.2.2.1 KEY DATA FROM PRIMARY SOURCES
2.2.2.2 KEY INDUSTRY INSIGHTS
2.2.2.3 BREAKDOWN OF PRIMARY INTERVIEWS
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.2 TOP-DOWN APPROACH
2.3.3 DEMAND SIDE ANALYSIS
2.3.3.1 ASSUMPTIONS FOR DEMAND SIDE ANALYSIS
2.3.3.2 DEMAND SIDE CALCULATION
2.3.4 SUPPLY SIDE ANALYSIS
2.3.4.1 ASSUMPTIONS FOR SUPPLY SIDE ANALYSIS
2.3.4.2 SUPPLY SIDE CALCULATION
2.4 FORECAST
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.2 RESTRAINTS
5.2.3 OPPORTUNITIES
5.2.4 CHALLENGES
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESS
5.4 SUPPLY/VALUE CHAIN ANALYSIS
5.5 ECOSYSTEM
5.6 LNG AND CNG TRUCK SALES
5.7 PRICING ANALYSIS
5.7.1 LNG VS. DIESEL PRICES OUTLOOK IN EUROPE UNTIL 2030
5.7.2 AVERAGE TURNKEY PRICES OF LNG STATIONS
5.8 ASSESSMENT OF THE POTENTIAL OF CNG AS AN ALTERNATIVE TO LNG AND DIESEL IN KEY MARKETS
5.9 CASE STUDY ANALYSIS
5.10 TECHNOLOGY ANALYSIS
5.10.1 L-CNG FUELING STATION
5.11 KEY CONFERENCES & EVENTS IN 2025–2026
5.12 REGULATORY LANDSCAPE
5.12.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.12.2 REGULATORY FRAMEWORK
5.12.2.1 INCENTIVES AND POLICIES INFLUENCING LNG STATION MARKET
5.13 PORTER’S FIVE FORCES ANALYSIS
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA
5.14.1 KEY STAKEHOLDERS IN THE BUYING PROCESS
5.14.2 BUYING CRITERIA
6 LNG STATION MARKET, BY SOLUTIONS
(VALUE (USD MILLION) – 2021, 2022, 2023, 2024, 2025 – 2030)
6.1 INTRODUCTION
6.2 ENGINEERING, PROCUREMENT, AND CONSTRUCTION (EPC)
6.3 COMPONENTS
6.3.1 LNG TANK
6.3.2 PUMPS AND VAPORIZERS
6.3.3 LNG DISPENSER
6.3.4 ELECTRICAL CONTROL BOX
6.3.5 BOIL-OFF GAS (BOG) MANAGEMENT SYSTEM
7 LNG STATION MARKET, BY STATION TYPE
(VALUE (USD MILLION) - 2021, 2022, 2023, 2024, 2025 – 2030)
7.1 INTRODUCTION
7.2 FIXED LNG STATION
7.3 MOBILE LNG STATION
7.4 FLOATING LNG STATION
8 LNG STATION MARKET, BY CAPACITY
(VALUE (USD MILLION) - 2021, 2022, 2023, 2024, 2025 – 2030)
8.1 INTRODUCTION
8.2 SMALL SCALE
8.3 MEDIUM SCALE
8.4 LARGE SCALE
9 LNG STATION MARKET, BY APPLICATION
(VALUE (USD MILLION) - 2021, 2022, 2023, 2024, 2025 – 2030)
9.1 INTRODUCTION
9.2 HEAVY-DUTY VEHICLES
9.3 LIGHT-DUTY VEHICLES
9.4 MARINE SECTOR
10 LNG STATION MARKET, BY REGION
(VALUE (USD MILLION), VOLUME (UNITS), - 2021, 2022, 2023, 2024, 2025 – 2030)
10.1 INTRODUCTION
10.2 ASIA PACIFIC
10.2.1 BY STATION TYPE
10.2.2 BY CAPACITY
10.2.3 BY APPLICATION
10.2.4 BY COUNTRY
10.2.4.1 CHINA
10.2.4.1.1 BY APPLICATION
10.2.4.2 INDIA
10.2.4.3 JAPAN
10.2.4.4 SOUTH KOREA
10.2.4.5 REST OF ASIA PACIFIC
10.3 NORTH AMERICA
10.3.1 BY STATION TYPE
10.3.2 BY CAPACITY
10.3.3 BY APPLICATION
10.3.4 BY COUNTRY
10.3.4.1 US
10.3.4.1.1 BY APPLICATION
10.3.4.2 CANADA
10.3.4.3 MEXICO
10.4 EUROPE
10.4.1 BY STATION TYPE
10.4.2 BY CAPACITY
10.4.3 BY APPLICATION
10.4.4 BY COUNTRY
10.4.4.1 GERMANY
10.4.4.1.1 BY APPLICATION
10.4.4.2 UK
10.4.4.3 FRANCE
10.4.4.4 ITALY
10.4.4.5 NORWAY
10.4.4.6 SWEDEN
10.4.4.7 SPAIN
10.4.4.8 REST OF EUROPE
10.5 ROW
10.5.1 BY STATION TYPE
10.5.2 BY CAPACITY
10.5.3 BY APPLICATION
10.5.4 BY REGION
10.5.4.1 MIDDLE EAST & AFRICA
10.5.4.1.1 BY APPLICATION
10.5.4.2 SOUTH AMERICA
11 COMPETITIVE LANDSCAPE
11.1 KEY PLAYER STRATEGIES OVERVIEW
11.2 MARKET EVALUATION FRAMEWORK
11.3 MARKET SHARE ANALYSIS OF KEY PLAYERS, 2024
11.4 REVENUE ANALYSIS, 2020-2024
11.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024
11.5.1 STARS
11.5.2 EMERGING LEADERS
11.5.3 PERVASIVE PLAYERS
11.5.4 PARTICIPANTS
11.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2024
11.5.5.1 Company Footprint
11.5.5.2 Region Footprint
11.5.5.3 Station Type Footprint
11.5.5.4 Capacity Footprint
11.5.5.5 Application Footprint
11.6 COMPETITIVE SCENARIO AND TRENDS
12 COMPANY PROFILES
12.1 CRYONORM GROUP
12.1.1 BUSINESS OVERVIEW
12.1.2 PRODUCTS & SERVICES
12.1.3 RECENT DEVELOPMENTS
12.1.4 MNM VIEW
12.1.4.1 KEY STRATEGIES/RIGHT TO WIN
12.1.4.2 STRATEGIC CHOICES MADE
12.1.4.3 WEAKNESSES/COMPETITIVE THREATS
12.2 CHART INDUSTRIES
12.3 CRYOSTAR
12.4 LIQAL & DOVER FUELING SOLUTIONS®
12.5 FAS FLÜSSIGGAS-ANLAGEN GMBH
12.6 HAM
12.7 UESTCO
12.8 TECNOGAS
12.9 SHELL PLC
12.10 CLEAN ENERGY FUELS,
12.11 BP P.L.C.
12.12 INDIAN OIL CORPORATION LTD
12.13 BANGCHAK CORPORATION PUBLIC COMPANY LIMITED
12.14 TAYLOR-WHARTON
13 APPENDIX
13.1 INSIGHTS OF INDUSTRY EXPERTS
13.2 DISCUSSION GUIDE
13.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
13.4 CUSTOMIZATION OPTIONS
13.5 RELATED REPORTS
13.6 AUTHOR DETAILS
Growth opportunities and latent adjacency in LNG Station Market