Press Releases

Vehicle-To-Grid (V2G) Technology Market to Reach US$ 20.06 Bn by 2030

The global Vehicle-To-Grid (V2G) Technology market size is expected to reach USD 20.06 billion by 2030 and is expected to expand at a CAGR of 50% from 2021 to 2030.

Download Exclusive Sample of Report@ https://www.visionresearchreports.com/report/sample/38656

Growth Factors

There are several factors that are influencing the growth of the global vehicle to grid technology market. One of the most influential factor is the integration of battery electric vehicles (BEVs) with the vehicle to grid technology. This is creating a wide range of business opportunities for the growth of the market.

Combining BEVs (Battery Electric Vehicles) with vehicle-to-grid technology is creating revenue opportunities for various stakeholders in the market. This technology helps consumers to be a part of smart grid solution systems, which empowers them with price arbitrage and enables them to control energy reserves. Thus, vehicle owners can provide ancillary services to large distribution network operators and earn revenue by providing operators with energy reserves.

Report Coverage

Report Scope Details
Market Size USD 20.06 Billion by 2030
Growth Rate CAGR of 50% From 2021 to 2030
Base Year 2021
Forecast Period 2021 to 2030
Segments Covered Component, Application
Regional Scope North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Companies Mentioned Nissan Motor Corporation, Mitsubishi Motors Corporation, NUVVE Corporation, ENGIE Group, OVO Energy Ltd, Groupe Renault, Honda Motor Co., Ltd.

Report Highlights

Market scenario analysis, trends, drivers, and impact analysis – Increase in demand for electric vehicles and the government’s encouragement to shift toward e-vehicle are expected to surge the demand for vehicle-to-grid technology over the forecast period. Moreover, the high cost associated with electric vehicle charging equipment is a major factor that hampers the market growth.

Increase in demand for electric vehicles – Awareness about the damage caused to the environment with the increasing usage of combustion engines has effectively increased the demand for electric vehicles. Hence, the electric vehicle market is considered to be the future of the automobile as many customers are shifting to electric vehicles, owing to their economical and eco-friendly nature. This is expected to further drive the electric vehicle equipment market over the forecast period.

Market players should tap into high incremental opportunities in Europe and Asia Pacific. Increased research and development is helping technology providers integrate V2G with vehicle-to-everything (V2X) technology.

There is a direct impact of vehicle-to-grid technology on car batteries, since the implementation of the technology reduces their life cycle.

Countries such as France have strict regulatory norms to control how electricity can be injected into a grid from individual producers. Also, multiple administrative steps require approval from government authorities. Such complicated procedures are highly unwelcome for BEV and PHEV owners.

Key Players

Nissan Motor Corporation

Mitsubishi Motors Corporation

NUVVE Corporation

ENGIE Group

OVO Energy Ltd

Groupe Renault

Honda Motor Co., Ltd.

Market Segmentation

By Component

  • Electric Vehicle Supply Equipment (EVSE)
  • Smart Meters
  • Home Energy Management (HEM)
  • Software

By Application

  • Battery Electric Vehicles (BEVs)
  • Plug-In Hybrid Electric Vehicles (PHEVs)
  • Fuel Cell Vehicles (FCVs)

By Region

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Norway
    • Germany
    • U.K.
    • France
    • Rest of Europe
  • Asia Pacific (APAC)
    • China
    • India
    • Japan
    • South Korea
    • Rest of APAC
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Rest of South America

Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/38656

Reasons to Purchase this Report:

– Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
– Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
– Market value USD Million and volume Units Million data for each segment and sub-segment
– Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
– Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Table of Contents

Chapter 1.  Introduction

1.1.  Research Objective

1.2.  Scope of the Study

1.3.  Definition

Chapter 2.  Research Methodology

2.1.  Research Approach

2.2.  Data Sources

2.3.  Assumptions & Limitations

Chapter 3.  Executive Summary

3.1.  Market Snapshot

Chapter 4.  Market Variables and Scope

4.1.  Introduction

4.2.  Market Classification and Scope

4.3.  Industry Value Chain Analysis

4.3.1.    Raw Material Procurement Analysis

4.3.2.    Sales and Distribution Channel Analysis

4.3.3.    Downstream Buyer Analysis

Chapter 5.  Market Dynamics Analysis and Trends

5.1.  Market Dynamics

5.1.1.    Market Drivers

5.1.2.    Market Restraints

5.1.3.    Market Opportunities

5.2.  Porter’s Five Forces Analysis

5.2.1.    Bargaining power of suppliers

5.2.2.    Bargaining power of buyers

5.2.3.    Threat of substitute

5.2.4.    Threat of new entrants

5.2.5.    Degree of competition

Chapter 6.  Competitive Landscape

6.1.1.    Company Market Share/Positioning Analysis

6.1.2.    Key Strategies Adopted by Players

6.1.3.    Vendor Landscape

6.1.3.1.        List of Suppliers

6.1.3.2.        List of Buyers

Chapter 7.  Global Vehicle-To-Grid Technology Market, By Component

7.1.  Vehicle-To-Grid Technology Market, by Component, 2021-2030

7.1.1.    Electric Vehicle Supply Equipment (EVSE)

7.1.1.1.        Market Revenue and Forecast (2017-2030)

7.1.2.    Smart Meters

7.1.2.1.        Market Revenue and Forecast (2017-2030)

7.1.3.    Home Energy Management (HEM)

7.1.3.1.        Market Revenue and Forecast (2017-2030)

7.1.4.    Software

7.1.4.1.        Market Revenue and Forecast (2017-2030)

Chapter 8.  Global Vehicle-To-Grid Technology Market, By Application

8.1.  Vehicle-To-Grid Technology Market, by Application, 2021-2030

8.1.1.    Battery Electric Vehicles (BEVs)

8.1.1.1.        Market Revenue and Forecast (2017-2030)

8.1.2.    Plug-In Hybrid Electric Vehicles (PHEVs)

8.1.2.1.        Market Revenue and Forecast (2017-2030)

8.1.3.    Fuel Cell Vehicles (FCVs)

8.1.3.1.        Market Revenue and Forecast (2017-2030)

Chapter 9.  Global Vehicle-To-Grid Technology Market, Regional Estimates and Trend Forecast

9.1.  North America

9.1.1.    Market Revenue and Forecast, by Component (2017-2030)

9.1.2.    Market Revenue and Forecast, by Application (2017-2030)

9.1.3.    U.S.

9.1.3.1.        Market Revenue and Forecast, by Component (2017-2030)

9.1.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.1.4.    Rest of North America

9.1.4.1.        Market Revenue and Forecast, by Component (2017-2030)

9.1.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.  Europe

9.2.1.    Market Revenue and Forecast, by Component (2017-2030)

9.2.2.    Market Revenue and Forecast, by Application (2017-2030)

9.2.3.    UK

9.2.3.1.        Market Revenue and Forecast, by Component (2017-2030)

9.2.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.4.    Germany

9.2.4.1.        Market Revenue and Forecast, by Component (2017-2030)

9.2.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.5.    France

9.2.5.1.        Market Revenue and Forecast, by Component (2017-2030)

9.2.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.2.6.    Rest of Europe

9.2.6.1.        Market Revenue and Forecast, by Component (2017-2030)

9.2.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.  APAC

9.3.1.    Market Revenue and Forecast, by Component (2017-2030)

9.3.2.    Market Revenue and Forecast, by Application (2017-2030)

9.3.3.    India

9.3.3.1.        Market Revenue and Forecast, by Component (2017-2030)

9.3.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.4.    China

9.3.4.1.        Market Revenue and Forecast, by Component (2017-2030)

9.3.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.5.    Japan

9.3.5.1.        Market Revenue and Forecast, by Component (2017-2030)

9.3.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.3.6.    Rest of APAC

9.3.6.1.        Market Revenue and Forecast, by Component (2017-2030)

9.3.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.  MEA

9.4.1.    Market Revenue and Forecast, by Component (2017-2030)

9.4.2.    Market Revenue and Forecast, by Application (2017-2030)

9.4.3.    GCC

9.4.3.1.        Market Revenue and Forecast, by Component (2017-2030)

9.4.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.4.    North Africa

9.4.4.1.        Market Revenue and Forecast, by Component (2017-2030)

9.4.4.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.5.    South Africa

9.4.5.1.        Market Revenue and Forecast, by Component (2017-2030)

9.4.5.2.        Market Revenue and Forecast, by Application (2017-2030)

9.4.6.    Rest of MEA

9.4.6.1.        Market Revenue and Forecast, by Component (2017-2030)

9.4.6.2.        Market Revenue and Forecast, by Application (2017-2030)

9.5.  Latin America

9.5.1.    Market Revenue and Forecast, by Component (2017-2030)

9.5.2.    Market Revenue and Forecast, by Application (2017-2030)

9.5.3.    Brazil

9.5.3.1.        Market Revenue and Forecast, by Component (2017-2030)

9.5.3.2.        Market Revenue and Forecast, by Application (2017-2030)

9.5.4.    Rest of LATAM

9.5.4.1.        Market Revenue and Forecast, by Component (2017-2030)

9.5.4.2.        Market Revenue and Forecast, by Application (2017-2030)

Chapter 10.  Company Profiles

10.1.              Nissan Motor Corporation

10.1.1.  Company Overview

10.1.2.  Component Offerings

10.1.3.  Financial Performance

10.1.4.  Recent Initiatives

10.2.              Mitsubishi Motors Corporation

10.2.1.  Company Overview

10.2.2.  Component Offerings

10.2.3.  Financial Performance

10.2.4.  Recent Initiatives

10.3.              NUVVE Corporation

10.3.1.  Company Overview

10.3.2.  Component Offerings

10.3.3.  Financial Performance

10.3.4.  Recent Initiatives

10.4.              ENGIE Group

10.4.1.  Company Overview

10.4.2.  Component Offerings

10.4.3.  Financial Performance

10.4.4.  Recent Initiatives

10.5.              OVO Energy Ltd

10.5.1.  Company Overview

10.5.2.  Component Offerings

10.5.3.  Financial Performance

10.5.4.  Recent Initiatives

10.6.              Groupe Renault

10.6.1.  Company Overview

10.6.2.  Component Offerings

10.6.3.  Financial Performance

10.6.4.  Recent Initiatives

10.7.              Honda Motor Co., Ltd.

10.7.1.  Company Overview

10.7.2.  Component Offerings

10.7.3.  Financial Performance

10.7.4.  Recent Initiatives

Chapter 11.  Research Methodology

11.1.              Primary Research

11.2.              Secondary Research

11.3.              Assumptions

Chapter 12.  Appendix

12.1.              About Us

Glossary of Terms

Buy this Research Report study@ https://www.visionresearchreports.com/report/cart/38656

Contact Us:

Vision Research Reports

Call: +1 9197 992 333

Email: sales@visionresearchreports.com

Show More

Related Articles

Back to top button