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 Grid-to-Vehicle (V2G) System, 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 Grid-to-Vehicle (V2G) System. This report contains market size and forecasts of Grid-to-Vehicle (V2G) System in global, including the following market information:
Global Grid-to-Vehicle (V2G) System Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global Grid-to-Vehicle (V2G) System Market Sales, 2018-2023, 2024-2030, (K Units)
Global top five Grid-to-Vehicle (V2G) System companies in 2022 (%)
The global Grid-to-Vehicle (V2G) System market was valued at US$ 33 million in 2022 and is projected to reach US$ 41 million by 2029, at a CAGR of 3.2% 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 Grid-to-Vehicle (V2G) System manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Grid-to-Vehicle (V2G) System Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Grid-to-Vehicle (V2G) System Market Segment Percentages, by Type, 2022 (%)
Centralized
Autonomous
Micronet-based
Global Grid-to-Vehicle (V2G) System Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Grid-to-Vehicle (V2G) System Market Segment Percentages, by Application, 2022 (%)
Electric Vehicles
Technology
Infrastructure
Global Grid-to-Vehicle (V2G) System Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Grid-to-Vehicle (V2G) System 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 Grid-to-Vehicle (V2G) System revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Grid-to-Vehicle (V2G) System revenues share in global market, 2022 (%)
Key companies Grid-to-Vehicle (V2G) System sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Grid-to-Vehicle (V2G) System sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
AC Propulsion
Boulder Electric Vehicle
Coritech Services
EV Grid
Corinex
Enerdel
Ford Technology
Honda
NextEnergy
NRG Energy
Pacific Gas and Electric Company
Outline of Major Chapters:
Chapter 1: Introduces the definition of Grid-to-Vehicle (V2G) System, market overview.
Chapter 2: Global Grid-to-Vehicle (V2G) System market size in revenue and volume.
Chapter 3: Detailed analysis of Grid-to-Vehicle (V2G) System manufacturers competitive landscape, price, sales and revenue 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 Grid-to-Vehicle (V2G) System 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: Global Grid-to-Vehicle (V2G) System capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
