According to Cognitive Market Research, the global LNG bunkering market size is USD 4851.9 million in 2024 and will progress at a compound annual growth rate (CAGR) of 43.21% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 1940.76 million in 2024 and will grow at a compound annual growth rate (CAGR) of 41.4% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 1455.57 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1115.94 million in 2024 and will grow at a compound annual growth rate (CAGR) of 45.2% from 2024 to 2031.
Latin America market of more than 5% of the global revenue with a market size of USD 242.60 million in 2024 and will grow at a compound annual growth rate (CAGR) of 42.6% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 97.04 million in 2024 and will grow at a compound annual growth rate (CAGR) of 42.9% from 2024 to 2031.
The truck-to-ship held the highest LNG bunkering market revenue share in 2024.