Press release
Global Vehicle to Grid Market: Industry Trend analysis,Revenue, Sales, Competition Tracking, Key Drivers and Forecast Period (2018-2025)
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:
AC Propulsion
Coritech Services
Denso
Hitachi
Autoport
BMW
Daimler
Honda
Kisensum
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
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