Fuel Gas Supply System (FGSS) Module Market Size, Share, and Analysis, By Type (Low Pressure and High Pressure), By Application (Cargo Ship, Cruise Ship, and Others), and Regional Forecast, 2025-2032

Fuel Gas Supply System (FGSS) is commonly used in various industries, including automotive, energy, and manufacturing. The fuel gas supply system typically refers to the infrastructure, equipment, and processes involved in supplying fuel gas, such as natural gas or propane, to an engine, burner, or other device for combustion or power generation. In automotive contexts, the FGSS could refer to the system responsible for delivering fuel gas to the engine for combustion. In industrial settings, it might refer to the system that provides fuel gas to boilers, furnaces, or other equipment.

• For instance, in June 2024, Mitsubishi Shipbuilding Co., Ltd., a Mitsubishi Heavy Industries (MHI) Group company based in Yokohama, received an order from Imabari Shipbuilding Co., Ltd. for two additional units of its Fuel Gas Supply System, a liquefied natural gas (LNG) fuel gas supply system for high-pressure dual-fuel marine engines. The FGSS units for 2 LNG-fuelled bulk carriers to be built by Imabari Shipbuilding will be continuously delivered with LNG fuel tanks from the summer of 2025.

A significant restraining factor affecting the global fuel gas supply system module market is the challenges associated with capital investments. While the demand for reliable fuel gas supply solutions is evident, the initial costs of procuring and installing FGSS can be substantial. This cause-and-effect relationship between capital investment challenges and market impact is evident in potential budget constraints that industries might face when implementing FGSS modules.

There was a negative impact on the FGSS module market due to the COVID-19 pandemic. The oil & gas sector was one of them. The natural gas system consists of numerous components. If some of the components suffer from random failures or maintenance activities, it will affect the operating state of the whole system. It had a negative impact on the deployment of the system in several areas due to the lockdown. In addition, a halt in the manufacturing units and plants also damaged the global numbers.

IMPORTANT INSIGHTS

The report includes the following key findings:

• Recent Advancements in the FGSS Module Market


• Key industry trends


• The Regulatory Landscape in the FGSS Module Market


• Impact of COVID-19 on the market

SEGMENTATION

ANALYSIS BY TYPE

The global FGSS module market is segmented by type, which includes low pressure and high pressure types. High pressure FGSS is primarily used in modern, dual-fuel engines, which are increasingly adopted in maritime applications for their efficiency and compliance with stringent emission regulations. High-pressure FGSS modules are significant for delivering the required gas at pressures needed for optimal performance of these engines. Low pressure FGSS modules are generally used in applications where lower pressure is sufficient, such as in smaller vessels or specific industrial uses.

ANALYSIS BY APPLICATION

By application, the global FGSS module market is segmented into cargo ship, cruise ship, and others. The global fleet of cargo ships is significantly more extensive compared to cruise ships and other vessel types. This increased volume leads to a higher demand for FGSS modules in the cargo ship segment. As the cargo ships are cost-effective and associated with dual-fuel engines, FGSS modules support making them essential for these systems. The FGSS module is used in cruise ships and is becoming increasingly significant due to environmental regulations and operational efficiency. The new cruise ships are being designed and constructed with FGSS modules as a core component of their propulsion systems.

REGIONAL ANALYSIS

The global FGSS module market has been categorized into regions: North America, Latin America, Asia Pacific, Europe, and the Middle East & Africa.

North America dominates the market owing to the well-established manufacturing sector, increasing energy-intensive industries, and stringent safety regulations. Europe is the fastest growing region and is expected to flourish during the forecast period as various companies are coming forward with an updated version of the FGSS module that onboard LNG fuel gas supply systems comprise all elements for storage and delivery of natural gas to the ship's engines. The market in Asia Pacific is increasing globally as the leading countries, such as China, India and Japan, are progressing with LNG import, which leads to the FGSS module market growth.

Latin America and Middle East & Africa are actively looking to invest more in projects related to LNG that will require FGSS modules. This initiative from emerging countries will help to boost the FGSS module market.

KEY PLAYERS COVERED

Key players in the FGSS module market are LGM Engineering (Gloryholders), Wartsila, DongHwa Entec, MAN Energy Solutions, Mitsubishi Shipbuilding, TGE Marine Gas Engineering, Kongsberg Maritime, Torgy LNG, CSSC, and Trans Gas Solution.

KEY INDUSTRY DEVELOPMENTS

• In May 2024, the Luoyang Ship Materials Research Institute developed multiple types of PCHEs in the LNG industry chain and achieved full product coverage. In the field of LNG green ship, in the field of LNG-FSRU, the PCHE evaporator for the LNG gas feed system (FGSS) has been successfully developed and the PCHE type BOG cooler has been introduced to the market.


• In August 2023, Mitsubishi Heavy Industries (MHI) Group Company delivered the Fuel Gas Supply System (FGSS), a liquefied natural gas (LNG) fuel gas supply system for high-pressure dual-fuel marine engines to Shin Kurushima Dockyard Co., Ltd.