LNG Filling Station Market by Station Type (Mobile Station, Permanent Station), by Application (Transportation & Logistics, Marine, Commercial, Others), by North America (U.S., Canada, Mexico), by Europe (UK, Germany, France, Italy, Spain, Russia, Netherlands, Switzerland, Poland, Sweden, Belgium), by Asia Pacific (China, India, Japan, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, Philippines, New Zealand), by Latin America (Brazil, Mexico, Argentina, Chile, Colombia, Peru), by MEA (UAE, Saudi Arabia, South Africa, Egypt, Turkey, Israel, Nigeria, Kenya) Forecast 2024-2032
The LNG Filling Station Market size was valued at USD 2.14 USD Billion in 2023 and is projected to reach USD 2.80 USD Billion by 2032, exhibiting a CAGR of 3.9 % during the forecast period. An LNG filling station is usually a LNG storage and replenishment terminal for use by vehicles as well as other equipment that utilizes liquefied natural gas, which is a cryogenic liquid. Such stations are normally composed of storage tanks, pumps and dispensing mechanisms. There are several types of LNG filling stations: The acquired type includes public stations for general customers, private stations for certain companies and their fleets, and mobile stations, convertible at users’ discretion. Some of the peculiarities are pumps with high working parameters, cryogenic reservoirs, and safety measures for work at high pressures and low temperatures. LNG filling stations are used mainly in transport sector, the major use being used in the refuelling of vehicles that use LNG as fuel instead of diesel and gasoline, which are emissive.
LNG Filling Station Trends
Station Type:
Application:
Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 3.9 % from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 3.9 % from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
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