DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/b85871/lng_propulsion_2) has announced the addition of the "LNG Propulsion - 2012 and Beyond" report to their offering.
In-depth analysis, insightful forecasts & comprehensive coverage: this report cuts across the scepticism and complexity surrounding the adoption of LNG in the shipping industry.
Driven by stringent environment regulations, lower costs, and technical advances - LNG propulsion in ships will experience huge growth and can potentially command an installed base of 10,000 vessels by 2020 - creating base for a massive adoption. The current small base of the industry is unique opportunity for companies to position themselves to not only ride the technological wave, but also differentiate and gain market share in the largely commoditised equipment and services market.
This report eliminates uncertainty surrounding the industry to forecast scale and timing of development of the opportunity based on comprehensive analysis of the price development, infrastructure availability, and regulatory trends.
Key Features:
Scope by Vessel Fleet:
LNG propulsion on ships is an emerging technology which is currently making inroads in select segments of the shipping fleet. In order to build a cogent understanding of the developments, the study analyses the growth of the technology across segments in the shipping fleet for both the new build and retrofit.
Further, the forecast looks at the market comprehensively to include ships which are both dual fuel engine and gas based propulsion engine.
Geographic Focus:
The study covers developments in LNG propulsion globally. The report identifies current and future development in environment regulations regionally; and covers the consequences of these developments individually in each region. The overall forecast builds on the bottom-up aggregation of these regional developments - resulting in high accuracy and confidence in the forecasts.
Who Should Buy This Report:
This report is a must read for companies in the entire value chain of maritime industry, investors, and energy companies for unmatched insights in the topic.
For more information visit http://www.researchandmarkets.com/research/b85871/lng_propulsion_2