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Growth of LNG Bunkering Market to Be Impacted by Technological Advancements in LNG Bunkering | Technavio

November 21, 2019 GMT
Growth of LNG Bunkering Market to Be Impacted by Technological Advancements in LNG Bunkering | Technavio
Growth of LNG Bunkering Market to Be Impacted by Technological Advancements in LNG Bunkering | Technavio

LONDON--(BUSINESS WIRE)--Nov 20, 2019--

The report, global LNG bunkering market, has been added to Technavio’s catalog. It provides a comprehensive analysis of the market, including its global and regional market share as well as market segmentation based on end-users and geography for the forecast period 2019-2023.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20191120005979/en/

Technavio has announced its latest market research report titled global LNG bunkering market 2019-2023. (Graphic: Business Wire)

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This report on the LNG bunkering market includes:

LNG bunkering market analysis and forecast 2019-2023: Features

LNG bunkering Market 2019-2023: Competitive Landscape

LNG Bunkering Market 2019-2023: Geographic Landscape

LNG Bunkering Market 2019-2023: End-Users

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Expansion of the marine logistics market will drive the LNG bunkering market

The expansion of the marine logistics market will be one of the major factors behind the LNG bunkering market growth. Maritime transport allows industrial development by supporting manufacturing, bringing together consumers, intermediate and capital goods industries, and promoting regional economic and trade integration. The seaborne trade has also grown especially, in developing economies like Africa, Asia, Oceania, and the Americas due to increasing trade of dry cargo, gas, and petroleum products. This growth in marine logistics business positively impacts the demand for LNG bunkering.

Technological advancements in LNG bunkering– An emerging trend in the LNG bunkering market

Technological advancements in LNG bunkering is one of the major LNG bunkering market trends expected to propel market growth. Vendors in the market are increasingly investing and adopting advanced technologies to secure their market position. For instance, in 2018, the European Maritime Safety Agency announced the use of sniffer technology to monitor 0.5% sulfur cap on bunker fuel. Such developments are expected to boost the efficiency of LNG bunkering vessels.

Other Key Topics Covered in the Report are:

MARKET LANDSCAPE

MARKET SIZING

Get Full Report: https://www.technavio.com/report/global-lng-bunkering-market-industry-analysis

CUSTOMER LANDSCAPE

DECISION FRAMEWORK

DRIVERS AND CHALLENGES

Market Trends

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About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 17000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

View source version on businesswire.com:https://www.businesswire.com/news/home/20191120005979/en/

CONTACT: Technavio Research

Jesse Maida

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UK: +44 203 893 3200

Email:media@technavio.com

KEYWORD:

INDUSTRY KEYWORD: TRANSPORT MARITIME

SOURCE: Technavio Research

Copyright Business Wire 2019.

PUB: 11/20/2019 08:00 PM/DISC: 11/20/2019 08:01 PM

http://www.businesswire.com/news/home/20191120005979/en