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VGI & V2G & GIV & Vehicle Grid Integration Market, Global Outlook and Forecast 2023-2030

VGI & V2G & GIV & Vehicle Grid Integration Market, Global Outlook and Forecast 2023-2030

  • Published on : 11 December 2023
  • Pages :60
  • Report Code:SMR-7873356

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Report overview

The global VGI & V2G & GIV & Vehicle Grid Integration market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

The USA market for Global VGI & V2G & GIV & Vehicle Grid Integration market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The China market for Global VGI & V2G & GIV & Vehicle Grid Integration market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

The Europe market for Global VGI & V2G & GIV & Vehicle Grid Integration market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.

A V2G system facilitates the flow of power between a power grid and electric drive vehicles such as battery electric vehicle (BEV), plug-in hybrid electric vehicle (PHEV), or fuel cell electric vehicle. These V2G systems also provide a network that helps the owner communicate with the power grid. In addition, the V2G technology provides demand response services to the power grid, enhancing the efficiency of the system while operating heavy loads.
This report aims to provide a comprehensive presentation of the global market for VGI & V2G & GIV & Vehicle Grid Integration, 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 VGI & V2G & GIV & Vehicle Grid Integration. This report contains market size and forecasts of VGI & V2G & GIV & Vehicle Grid Integration in global, including the following market information:

  • Global VGI & V2G & GIV & Vehicle Grid Integration Market Revenue, 2018-2023, 2024-2030, ($ millions)
  • Global top five companies in 2022 (%)
According to the report, one driver in market is change in grid structure allowing decentralized power generation. The power system has undergone dramatic technical and institutional changes over the years. This has occurred due to the deregulation of the power industry, introduction of the smart grid, and the expansion of power generation resources that are connected to the grid. Energy policies in the majority of countries focus on the need for a clean, affordable, and reliable energy supply. This has resulted in power to be generated from low-carbon or no carbon fuels. Utilities and energy companies are making efforts to accommodate these fuels by changing the functioning of the grid. Traditional power grid had linear power generation, partial connection with its customers, and one-way communication. However, energy and utility companies are improving each part of the value chain by implementing new IT technology, which has made the grid smarter. Therefore, installing smart grid technology utilities will provide a higher level of transparency and control on the transmission and distribution of electricity.?
We surveyed the VGI & V2G & GIV & Vehicle Grid Integration 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 VGI & V2G & GIV & Vehicle Grid Integration Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global VGI & V2G & GIV & Vehicle Grid Integration Market Segment Percentages, by Type, 2022 (%)
  • Drive System Technology
  • Software And Communication Technology
  • Equipment
Global VGI & V2G & GIV & Vehicle Grid Integration Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global VGI & V2G & GIV & Vehicle Grid Integration Market Segment Percentages, by Application, 2022 (%)
  • Private Vehicle
  • Commcial Vehicle
Global VGI & V2G & GIV & Vehicle Grid Integration Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global VGI & V2G & GIV & Vehicle Grid Integration Market Segment Percentages, By Region and Country, 2022 (%)
  • North America (United States, Canada, Mexico)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
  • The Middle East and Africa (Middle East, Africa)
  • South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
  • Key companies VGI & V2G & GIV & Vehicle Grid Integration revenues in global market, 2018-2023 (estimated), ($ millions)
  • Key companies VGI & V2G & GIV & Vehicle Grid Integration revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
  • AC Propulsion
  • Coritech Services
  • Denso
  • Hitachi
  • Autoport
  • BMW
  • Daimler
  • Ford Motor
  • Honda
  • Kisensum
  • Mitsubishi Motors
  • Nissan
  • Tesla Motors
Outline of Major Chapters:
Chapter 1: Introduces the definition of VGI & V2G & GIV & Vehicle Grid Integration, market overview.
Chapter 2: Global VGI & V2G & GIV & Vehicle Grid Integration market size in revenue.
Chapter 3: Detailed analysis of VGI & V2G & GIV & Vehicle Grid Integration 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 VGI & V2G & GIV & Vehicle Grid Integration 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.