The global LNG Floating Storage Regasification Unit (FSRU) market size is predicted to grow from US$ 441 million in 2025 to US$ 1540 million in 2031; it is expected to grow at a CAGR of 23.2% from 2025 to 2031.

LNG floating storage and regasification unit is an offshore energy equipment that integrates liquefied natural gas storage, transportation and regasification, with the advantages of flexible deployment, short construction period and low investment cost. FSRU is usually composed of a modified LNG carrier or a dedicated new hull, equipped with large LNG storage tanks, regasification equipment and related auxiliary systems, which can regasify low-temperature liquid natural gas (about -162℃) into normal temperature gaseous natural gas and transport it to land receiving stations or end users through submarine pipelines.

Market Trends

FSRU is a floating facility that integrates storage and regasification functions, which can be quickly deployed and meet temporary or long-term natural gas needs. FSRU provides a flexible and cost-effective solution for developing countries and regions that do not have fixed land receiving stations, especially in Southeast Asia, Africa and Latin America, which are experiencing rapid industrialization and urbanization, and the demand for energy is increasing sharply. The advancement of FSRU technology has further improved its cost-effectiveness, while shortening the project cycle and accelerating the market's response.

Market Disadvantages

Although FSRU is generally less expensive than traditional onshore LNG receiving stations, it still requires huge capital investment, including construction, leasing and operating expenses, which may be an obstacle for some countries or companies with limited budgets. Although FSRU can provide a fast-deployment solution, its processing capacity and flexibility are still relatively limited compared to fixed receiving stations, especially in high-demand areas, and may not be able to fully meet the needs of large-scale supply.

Market Outlook

The development of new materials and new processes will further optimize the design and manufacturing of FSRU, reduce production costs, improve cost-effectiveness, and make it more competitive in the market. For example, the application of intelligent monitoring systems and automated control technologies can significantly improve the operating efficiency and safety of facilities. As the global focus on sustainable development continues to deepen, green energy has become an important direction for the development of the industry. Manufacturers are exploring how to reduce the carbon footprint of FSRU during production and operation, and adopt more environmentally friendly technologies and materials to meet increasingly stringent environmental standards. In addition, the growth of international trade has brought new export opportunities for FSRU, especially with the surge in demand for infrastructure construction and industrial upgrading in countries and regions along the "Belt and Road".

LPI (LP Information)' newest research report, the “LNG Floating Storage Regasification Unit (FSRU) Industry Forecast” looks at past sales and reviews total world LNG Floating Storage Regasification Unit (FSRU) sales in 2024, providing a comprehensive analysis by region and market sector of projected LNG Floating Storage Regasification Unit (FSRU) sales for 2025 through 2031. With LNG Floating Storage Regasification Unit (FSRU) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world LNG Floating Storage Regasification Unit (FSRU) industry.

This Insight Report provides a comprehensive analysis of the global LNG Floating Storage Regasification Unit (FSRU) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on LNG Floating Storage Regasification Unit (FSRU) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global LNG Floating Storage Regasification Unit (FSRU) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for LNG Floating Storage Regasification Unit (FSRU) and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global LNG Floating Storage Regasification Unit (FSRU).

This report presents a comprehensive overview, market shares, and growth opportunities of LNG Floating Storage Regasification Unit (FSRU) market by product type, application, key players and key regions and countries.

Segmentation by Type:

    Conventional Ships

    Large Ships

Segmentation by Application:

    Self-use

    Vessel Charter

This report also splits the market by region:

    Americas

    United States

    Canada

    Mexico

    Brazil

    APAC

    China

    Japan

    Korea

    Southeast Asia

    India

    Australia

    Europe

    Germany

    France

    UK

    Italy

    Russia

    Middle East & Africa

    Egypt

    South Africa

    Israel

    Turkey

    GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.

    Hanwha Ocean

    Hyundai Heavy Industries

    Samsung Heavy Industries

    Hudong-Zhonghua Shipbuilding

    Seatrium

    Keppel

    CSSC

    Wison Group

    CIMC SOE

1 Scope of the Report
    1.1 Market Introduction
    1.2 Years Considered
    1.3 Research Objectives
    1.4 Market Research Methodology
    1.5 Research Process and Data Source
    1.6 Economic Indicators
    1.7 Currency Considered
    1.8 Market Estimation Caveats

2 Executive Summary
    2.1 World Market Overview
        2.1.1 Global LNG Floating Storage Regasification Unit (FSRU) Market Size (2020-2031)
        2.1.2 LNG Floating Storage Regasification Unit (FSRU) Market Size CAGR by Region (2020 VS 2024 VS 2031)
        2.1.3 World Current & Future Analysis for LNG Floating Storage Regasification Unit (FSRU) by Country/Region (2020, 2024 & 2031)
    2.2 LNG Floating Storage Regasification Unit (FSRU) Segment by Type
        2.2.1 Conventional Ships
        2.2.2 Large Ships
    2.3 LNG Floating Storage Regasification Unit (FSRU) Market Size by Type
        2.3.1 LNG Floating Storage Regasification Unit (FSRU) Market Size CAGR by Type (2020 VS 2024 VS 2031)
        2.3.2 Global LNG Floating Storage Regasification Unit (FSRU) Market Size Market Share by Type (2020-2025)
    2.4 LNG Floating Storage Regasification Unit (FSRU) Segment by Application
        2.4.1 Self-use
        2.4.2 Vessel Charter
    2.5 LNG Floating Storage Regasification Unit (FSRU) Market Size by Application
        2.5.1 LNG Floating Storage Regasification Unit (FSRU) Market Size CAGR by Application (2020 VS 2024 VS 2031)
        2.5.2 Global LNG Floating Storage Regasification Unit (FSRU) Market Size Market Share by Application (2020-2025)

3 LNG Floating Storage Regasification Unit (FSRU) Market Size by Player
    3.1 LNG Floating Storage Regasification Unit (FSRU) Market Size Market Share by Player
        3.1.1 Global LNG Floating Storage Regasification Unit (FSRU) Revenue by Player (2020-2025)
        3.1.2 Global LNG Floating Storage Regasification Unit (FSRU) Revenue Market Share by Player (2020-2025)
    3.2 Global LNG Floating Storage Regasification Unit (FSRU) Key Players Head office and Products Offered
    3.3 Market Concentration Rate Analysis
        3.3.1 Competition Landscape Analysis
        3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
    3.4 New Products and Potential Entrants
    3.5 Mergers & Acquisitions, Expansion

4 LNG Floating Storage Regasification Unit (FSRU) by Region
    4.1 LNG Floating Storage Regasification Unit (FSRU) Market Size by Region (2020-2025)
    4.2 Global LNG Floating Storage Regasification Unit (FSRU) Annual Revenue by Country/Region (2020-2025)
    4.3 Americas LNG Floating Storage Regasification Unit (FSRU) Market Size Growth (2020-2025)
    4.4 APAC LNG Floating Storage Regasification Unit (FSRU) Market Size Growth (2020-2025)
    4.5 Europe LNG Floating Storage Regasification Unit (FSRU) Market Size Growth (2020-2025)
    4.6 Middle East & Africa LNG Floating Storage Regasification Unit (FSRU) Market Size Growth (2020-2025)

5 Americas
    5.1 Americas LNG Floating Storage Regasification Unit (FSRU) Market Size by Country (2020-2025)
    5.2 Americas LNG Floating Storage Regasification Unit (FSRU) Market Size by Type (2020-2025)
    5.3 Americas LNG Floating Storage Regasification Unit (FSRU) Market Size by Application (2020-2025)
    5.4 United States
    5.5 Canada
    5.6 Mexico
    5.7 Brazil

6 APAC
    6.1 APAC LNG Floating Storage Regasification Unit (FSRU) Market Size by Region (2020-2025)
    6.2 APAC LNG Floating Storage Regasification Unit (FSRU) Market Size by Type (2020-2025)
    6.3 APAC LNG Floating Storage Regasification Unit (FSRU) Market Size by Application (2020-2025)
    6.4 China
    6.5 Japan
    6.6 South Korea
    6.7 Southeast Asia
    6.8 India
    6.9 Australia

7 Europe
    7.1 Europe LNG Floating Storage Regasification Unit (FSRU) Market Size by Country (2020-2025)
    7.2 Europe LNG Floating Storage Regasification Unit (FSRU) Market Size by Type (2020-2025)
    7.3 Europe LNG Floating Storage Regasification Unit (FSRU) Market Size by Application (2020-2025)
    7.4 Germany
    7.5 France
    7.6 UK
    7.7 Italy
    7.8 Russia

8 Middle East & Africa
    8.1 Middle East & Africa LNG Floating Storage Regasification Unit (FSRU) by Region (2020-2025)
    8.2 Middle East & Africa LNG Floating Storage Regasification Unit (FSRU) Market Size by Type (2020-2025)
    8.3 Middle East & Africa LNG Floating Storage Regasification Unit (FSRU) Market Size by Application (2020-2025)
    8.4 Egypt
    8.5 South Africa
    8.6 Israel
    8.7 Turkey
    8.8 GCC Countries

9 Market Drivers, Challenges and Trends
    9.1 Market Drivers & Growth Opportunities
    9.2 Market Challenges & Risks
    9.3 Industry Trends

10 Global LNG Floating Storage Regasification Unit (FSRU) Market Forecast
    10.1 Global LNG Floating Storage Regasification Unit (FSRU) Forecast by Region (2026-2031)
        10.1.1 Global LNG Floating Storage Regasification Unit (FSRU) Forecast by Region (2026-2031)
        10.1.2 Americas LNG Floating Storage Regasification Unit (FSRU) Forecast
        10.1.3 APAC LNG Floating Storage Regasification Unit (FSRU) Forecast
        10.1.4 Europe LNG Floating Storage Regasification Unit (FSRU) Forecast
        10.1.5 Middle East & Africa LNG Floating Storage Regasification Unit (FSRU) Forecast
    10.2 Americas LNG Floating Storage Regasification Unit (FSRU) Forecast by Country (2026-2031)
        10.2.1 United States Market LNG Floating Storage Regasification Unit (FSRU) Forecast
        10.2.2 Canada Market LNG Floating Storage Regasification Unit (FSRU) Forecast
        10.2.3 Mexico Market LNG Floating Storage Regasification Unit (FSRU) Forecast
        10.2.4 Brazil Market LNG Floating Storage Regasification Unit (FSRU) Forecast
    10.3 APAC LNG Floating Storage Regasification Unit (FSRU) Forecast by Region (2026-2031)
        10.3.1 China LNG Floating Storage Regasification Unit (FSRU) Market Forecast
        10.3.2 Japan Market LNG Floating Storage Regasification Unit (FSRU) Forecast
        10.3.3 Korea Market LNG Floating Storage Regasification Unit (FSRU) Forecast
        10.3.4 Southeast Asia Market LNG Floating Storage Regasification Unit (FSRU) Forecast
        10.3.5 India Market LNG Floating Storage Regasification Unit (FSRU) Forecast
        10.3.6 Australia Market LNG Floating Storage Regasification Unit (FSRU) Forecast
    10.4 Europe LNG Floating Storage Regasification Unit (FSRU) Forecast by Country (2026-2031)
        10.4.1 Germany Market LNG Floating Storage Regasification Unit (FSRU) Forecast
        10.4.2 France Market LNG Floating Storage Regasification Unit (FSRU) Forecast
        10.4.3 UK Market LNG Floating Storage Regasification Unit (FSRU) Forecast
        10.4.4 Italy Market LNG Floating Storage Regasification Unit (FSRU) Forecast
        10.4.5 Russia Market LNG Floating Storage Regasification Unit (FSRU) Forecast
    10.5 Middle East & Africa LNG Floating Storage Regasification Unit (FSRU) Forecast by Region (2026-2031)
        10.5.1 Egypt Market LNG Floating Storage Regasification Unit (FSRU) Forecast
        10.5.2 South Africa Market LNG Floating Storage Regasification Unit (FSRU) Forecast
        10.5.3 Israel Market LNG Floating Storage Regasification Unit (FSRU) Forecast
        10.5.4 Turkey Market LNG Floating Storage Regasification Unit (FSRU) Forecast
    10.6 Global LNG Floating Storage Regasification Unit (FSRU) Forecast by Type (2026-2031)
    10.7 Global LNG Floating Storage Regasification Unit (FSRU) Forecast by Application (2026-2031)
        10.7.1 GCC Countries Market LNG Floating Storage Regasification Unit (FSRU) Forecast

11 Key Players Analysis
    11.1 Hanwha Ocean
        11.1.1 Hanwha Ocean Company Information
        11.1.2 Hanwha Ocean LNG Floating Storage Regasification Unit (FSRU) Product Offered
        11.1.3 Hanwha Ocean LNG Floating Storage Regasification Unit (FSRU) Revenue, Gross Margin and Market Share (2020-2025)
        11.1.4 Hanwha Ocean Main Business Overview
        11.1.5 Hanwha Ocean Latest Developments
    11.2 Hyundai Heavy Industries
        11.2.1 Hyundai Heavy Industries Company Information
        11.2.2 Hyundai Heavy Industries LNG Floating Storage Regasification Unit (FSRU) Product Offered
        11.2.3 Hyundai Heavy Industries LNG Floating Storage Regasification Unit (FSRU) Revenue, Gross Margin and Market Share (2020-2025)
        11.2.4 Hyundai Heavy Industries Main Business Overview
        11.2.5 Hyundai Heavy Industries Latest Developments
    11.3 Samsung Heavy Industries
        11.3.1 Samsung Heavy Industries Company Information
        11.3.2 Samsung Heavy Industries LNG Floating Storage Regasification Unit (FSRU) Product Offered
        11.3.3 Samsung Heavy Industries LNG Floating Storage Regasification Unit (FSRU) Revenue, Gross Margin and Market Share (2020-2025)
        11.3.4 Samsung Heavy Industries Main Business Overview
        11.3.5 Samsung Heavy Industries Latest Developments
    11.4 Hudong-Zhonghua Shipbuilding
        11.4.1 Hudong-Zhonghua Shipbuilding Company Information
        11.4.2 Hudong-Zhonghua Shipbuilding LNG Floating Storage Regasification Unit (FSRU) Product Offered
        11.4.3 Hudong-Zhonghua Shipbuilding LNG Floating Storage Regasification Unit (FSRU) Revenue, Gross Margin and Market Share (2020-2025)
        11.4.4 Hudong-Zhonghua Shipbuilding Main Business Overview
        11.4.5 Hudong-Zhonghua Shipbuilding Latest Developments
    11.5 Seatrium
        11.5.1 Seatrium Company Information
        11.5.2 Seatrium LNG Floating Storage Regasification Unit (FSRU) Product Offered
        11.5.3 Seatrium LNG Floating Storage Regasification Unit (FSRU) Revenue, Gross Margin and Market Share (2020-2025)
        11.5.4 Seatrium Main Business Overview
        11.5.5 Seatrium Latest Developments
    11.6 Keppel
        11.6.1 Keppel Company Information
        11.6.2 Keppel LNG Floating Storage Regasification Unit (FSRU) Product Offered
        11.6.3 Keppel LNG Floating Storage Regasification Unit (FSRU) Revenue, Gross Margin and Market Share (2020-2025)
        11.6.4 Keppel Main Business Overview
        11.6.5 Keppel Latest Developments
    11.7 CSSC
        11.7.1 CSSC Company Information
        11.7.2 CSSC LNG Floating Storage Regasification Unit (FSRU) Product Offered
        11.7.3 CSSC LNG Floating Storage Regasification Unit (FSRU) Revenue, Gross Margin and Market Share (2020-2025)
        11.7.4 CSSC Main Business Overview
        11.7.5 CSSC Latest Developments
    11.8 Wison Group
        11.8.1 Wison Group Company Information
        11.8.2 Wison Group LNG Floating Storage Regasification Unit (FSRU) Product Offered
        11.8.3 Wison Group LNG Floating Storage Regasification Unit (FSRU) Revenue, Gross Margin and Market Share (2020-2025)
        11.8.4 Wison Group Main Business Overview
        11.8.5 Wison Group Latest Developments
    11.9 CIMC SOE
        11.9.1 CIMC SOE Company Information
        11.9.2 CIMC SOE LNG Floating Storage Regasification Unit (FSRU) Product Offered
        11.9.3 CIMC SOE LNG Floating Storage Regasification Unit (FSRU) Revenue, Gross Margin and Market Share (2020-2025)
        11.9.4 CIMC SOE Main Business Overview
        11.9.5 CIMC SOE Latest Developments

12 Research Findings and Conclusion