Global small-scale liquefied natural gas (LNG) Market was valued at USD 7.68 billion in 2021 and is expected to reach USD 14.13 billion by 2029, registering a CAGR of 7.91% during the forecast period of 2022-2029.

In recent years there has been a major shift towards liquefied natural gas (LNG) as opposed to traditionally used fuel sources due to its complete combustion and lower CO2 emissions.