Vehicle-To-Grid (V2G) Market, This study looks at all of the major aspects affecting the global vehicle-to-grid (V2G) market’s growth, including the supply-demand situation, price, profit margins, production, and value chain analysis. Regional analysis of the global vehicle-to-grid (V2G) sector reveals a wealth of unrealized potential in local and regional markets. Users can assess business shares analysis, new product lines, the potential for NPD in new markets, pricing tactics, innovation opportunities, and much more with the help of detailed company profiling.
The global vehicle-to-grid (V2G) market size was valued at around USD 1.8 billion in 2021 and is expected to grow at a CAGR of 24.8% during the forecast period.
When an electric vehicle (EV) is not being driven, a technique known as vehicle-to-grid (V2G) allows it to be used as a source of power for the grid. The battery of the EV is employed in V2G systems to store extra grid energy during off-peak hours, and this stored energy can be supplied back into the grid during peak hours, when there is a strong demand for electricity. V2G technology enables EV owners to make money by reselling the energy they have saved to the grid. It also assists in balancing the grid’s load and lessens the need for additional power plants.
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Some of the key players in the market are:
Nissan Motor Co. Ltd.
Tesla, Inc.
Mitsubishi Motors Corporation
Enel X
Hitachi, Ltd.
General Motors Company
Honda Motor Co. Ltd.
Nuvve Corporation
BMW AG
The Mobility House
Market Segmentation:
Technology:
• AC V2G
• DC V2G
Component:
• Software
• Hardware
• Services
Application:
• Residential
• Commercial
• Industrial
Electric Vehicle Type:
• Battery electric vehicle (BEV)
• Plug-in hybrid electric vehicle (PHEV).
End User:
• Utilities
• Electric vehicle owners
• Aggregators
Region
North America
• U.S.
• Canada
• Mexico
Europe
• U.K.
• Germany
• France
• Italy
• Spain
• Rest of Europe
Asia Pacific
• China
• India
• Japan
• South Korea
• Australia
• Rest of Asia Pacific
South America
• Brazil
• Argentina
• Rest of South America
Middle East and Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of Middle East and Africa
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The report has helped our clients:
- To gain competitive intelligence and uncover new opportunities
- To analyse opportunities in the Market for stakeholders by identifying high-growth segments in Vehicle-To-Grid (V2G)
- To strategically profile key players and provide details of the current competitive landscape
- To describe and forecast the Vehicle-To-Grid (V2G) size, on the basis of various segmentations and geography, in terms of value and volume
- To measure the changing needs of customers/industries
- To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the Vehicle-To-Grid (V2G)
- To analyse strategic approaches adopted by players in the Vehicle-To-Grid (V2G), such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships
Objective of Studies:
- To provide detailed analysis of the market structure along with forecast of the various segments and sub-segments of the global Vehicle-To-Grid (V2G).
- To provide insights about factors affecting the market growth. To analyze the Vehicle-To-Grid (V2G) based on various factors- price analysis, supply chain analysis, Porte five force analysis etc.
- To provide historical and forecast revenue of the market segments and sub-segments with respect to four main geographies and their countries- North America, Europe, Asia, Latin America and Rest of the World.
- To provide country level analysis of the market with respect to the current market size and future prospective.
- To provide country level analysis of the market for segment by application, product type and sub-segments.
- To provide strategic profiling of key players in the market, comprehensively analyzing their core competencies, and drawing a competitive landscape for the market.
- To track and analyze competitive developments such as joint ventures, strategic alliances, mergers and acquisitions, new product developments, and research and developments in the global Vehicle-To-Grid (V2G).
