Vehicle to Grid Market Insights, Forecast to 2025

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Vehicle to Grid

This report presents the worldwide Vehicle to Grid market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.

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Vehicle-to-grid is a technology, which enables electric vehicles to be charged by connecting to the grid installed in different bases. The stored charge or power in the electric vehicles can be used for driving the car as well as it can be utilized for running the electric systems at offices and houses during power failure. The power stored within the electric vehicles through grid are capable of lighting the houses and offices. The power generated from various sources is distributed through the grid installed at houses or parking lots. The basic requirements for vehicle to grid are power connection, communication system and a metering system. The vehicle to grid systems helps in managing the loads generated and equally distributing it.
The global vehicle to grid market is primarily driven by the demand for environmental friendly power sources for vehicles and household purposes. The penetration of electric vehicles is attributed to the growth of vehicle to grid market. With the high power storage capacity batteries of electric vehicles the electric vehicles acts as a power storage facility which can be used in case of any electric power failure. Moreover, the vehicle-to-grid technology eliminates the traditional non-renewable source of energy such as petroleum and thermal power thus reducing the emissions. The electric vehicle owners can sell the electricity to utilities during a power failure.
The Vehicle to Grid market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Vehicle to Grid.

The following manufacturers are covered in this report:

Vehicle to Grid Breakdown Data by Type

  • Drive System Technology
  • Software And Communication Technology

Vehicle to Grid Breakdown Data by Application

  • Battery Electric Vehicle
  • Plug-In Hybrid Electric Vehicle
  • Fuel Cell Electric Vehicle

Vehicle to Grid Production by Region

  • United States
  • Europe
  • China
  • Japan
  • Other Regions
  • Other Regions

Vehicle to Grid Consumption by Region

The study objectives are:

  • To analyze and research the global Vehicle to Grid status and future forecast?involving, production, revenue, consumption, historical and forecast.
  • To present the key Vehicle to Grid manufacturers, production, revenue, market share, and recent development.
  • To split the breakdown data by regions, type, manufacturers and applications.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends, drivers, influence factors in global and regions.
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Vehicle to Grid :

  • History Year: 2013 – 2017
  • Base Year: 2017
  • Estimated Year: 2018
  • Forecast Year: 2018 – 2025

This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Vehicle to Grid market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

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