Small-Scale LNG Companies

The small-scale LNG market is expected to reach USD 31.78 billion by 2030 from USD 22.14 billion in 2025, at a CAGR of 7.5% during the forecast period.

The small-scale LNG market is growing due to its advantages over large-scale LNG plants, helping save costs, providing environmental benefits, government subsidies, and rising demand in use in bunkering, road transportation, and off-grid power.

Small-Scale LNG Companies

The major players in the small-scale LNG market are Linde plc (US), Wartsila Corporation (Finland), Honeywell International Inc. (US), Shell plc (UK), TotalEnergies (France), ENGIE S.A. (France), Chart Industries, Inc. (US), Gasum oy (Finland), Sofregaz (France), and Excelerate Energy Inc (US). Contracts, agreements, and partnerships were some of the most prevailing market strategies.

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Wartsila Corporation (Finland) is one of the key leaders in advanced technologies and complete lifecycle solutions for the marine and energy markets. The company delivers small- and medium-scale LNG terminals with storage capacities of 100-160,000 cubic meters under an Energy, Procurement, Construction (EPC) delivery arrangement. The company adopts the partnerships and contracts strategies to sustain its position in the market. Its operations span wide geographic regions across North and South America, Europe, Asia Pacific, the Middle East, and Africa, with over 230 sites in 77 countries. Additionally, the company experienced an increase in revenue, which reached USD 6.51 billion in 2023 and rose to USD 6.98 billion in 2024, demonstrating the success of the business.

Honeywell International Inc. (US) is a diversified technology and manufacturing company serving customers worldwide. It manages its business operations through five operating segments: Aerospace Technologies, Industrial Automation, Building Automation, Energy and Sustainability Solutions, and Corporate and All Other. The company offers small-scale LNG terminals through its subsidiary Honeywell UOP, as part of the energy and sustainability solutions segment of the company.

ENGIE SA (France) engages in the provision of electricity, natural gas, and energy-related services. It operates through the following segments: Retail, Energy Solutions, Networks, FlexGen, Renewables, Nuclear, and Others. Elengy, a subsidiary of Engie, operates three LNG import terminals in France, namely, Montoir-de-Bretagne, Fos Tonkin, and Fos Cavaou, and its services are available to international energy providers. The company is an expert in product launches.

Shell Plc is involved in the extraction and processing of oil and natural gas. The company's operations are divided into several segments: Integrated Gas, Upstream, Marketing, Chemicals and Products, Renewables and Energy Solutions, and Corporate. Shell is a leading player in the global LNG market, and its Integrated Gas segment is well-positioned to capitalize on the growing demand for small-scale LNG. Acquisitions, partnerships, and expansions are the prominent strategies adopted by the company.

MARKET RANKING

The small-scale LNG market is competitive, with 5 main players accounting for 43.9% market share. Honeywell International Inc. has a vast geographic presence and provides specialized, small-scale LNG products and services. Linde plc. offers modern designs with efficient processing. Wartsila Corporation provides small- and medium-scale LNG terminals with storage capacity between 100 and 160,000 cubic meters, specializing in solutions for the marine sector. Shell plc. has LNG operations globally, including small-scale LNG projects. ENGIE S.A. operates small-scale LNG solutions through its subsidiary, Elengy, which operates three LNG import terminals in France, namely Montoir-de-Bretagne, Fos Tonkin, and Fos Cavaou, and its services are available for international energy providers.

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Small-Scale LNG Market by Type (Liquefaction, Regasification), Modes of Supply (Trucks, Trans-shipment & Bunkering, Others), Application (Heavy-Duty Vehicles, Industrial & Power, Marine Transport, Others) Region - Global Forecast to 2030