Report overview
Vehicle-to-grid, or V2G technology, is defined as a system that is capable of controlling the bidirectional flow of electricity between the vehicle and the grid. Electricity flows from the grid to the vehicle to charge the battery. Also, electricity can flow back from the vehicle to the grid when required. A majority of the time, electric vehicles are not in use. During this idle time, the batteries of these vehicles can be utilized for supplying electricity back to the grid.
Since the V2G technology has only been commercialized in 2020, and has not yet been commercialized on a large scale, the report predicts and analyses revenue data for 2020-2030
This report aims to provide a comprehensive presentation of the global market for Vehicle-To-Grid (V2G), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Vehicle-To-Grid (V2G). This report contains market size and forecasts of Vehicle-To-Grid (V2G) in global, including the following market information:
Global Vehicle-To-Grid (V2G) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Vehicle-To-Grid (V2G) market was valued at US$ 33 million in 2022 and is projected to reach US$ 2008.7 million by 2029, at a CAGR of 79.9% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global vehicle-to-grid (V2G) key players include NUVVE, Enel Energia , Moixa, E.ON, The Mobility House, etc. Global top 5 players hold a share about 87%.
Europe is the largest market, with a share about 45%, followed by Asia-Pacific and North America, having a total share about 50 percent.
In terms of product, unidirectional V2G is the largest segment, with a share about 72%. And in terms of application, the largest application is battery electric vehicles, followed by plug-in hybrid electric vehicles, fuel cell vehicles.
We surveyed the Vehicle-To-Grid (V2G) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Vehicle-To-Grid (V2G) Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Vehicle-To-Grid (V2G) Market Segment Percentages, by Type, 2022 (%)
Unidirectional V2G
Bidirectional V2G
Global Vehicle-To-Grid (V2G) Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Vehicle-To-Grid (V2G) Market Segment Percentages, by Application, 2022 (%)
Battery Electric Vehicles
Plug-In Hybrid Electric Vehicles
Fuel Cell Vehicles
Global Vehicle-To-Grid (V2G) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Vehicle-To-Grid (V2G) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Vehicle-To-Grid (V2G) revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Vehicle-To-Grid (V2G) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
NUVVE
Enel Energia
Moixa
E.ON
The Mobility House
Tennet
Fermata Energy
KEPCO
EDF Energy
Tokyo Electric Power
ActewAGL
Outline of Major Chapters:
Chapter 1: Introduces the definition of Vehicle-To-Grid (V2G), market overview.
Chapter 2: Global Vehicle-To-Grid (V2G) market size in revenue.
Chapter 3: Detailed analysis of Vehicle-To-Grid (V2G) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Vehicle-To-Grid (V2G) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
