Press release
Vehicle-to-Grid (V2G) Market Next Big Thing | Major Giants- ABB, Mitsubishi Electric, Flexitricity
Market Research Forecast published a new research publication on "Vehicle-to-Grid (V2G) Market Insights, to 2032" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Vehicle-to-Grid (V2G) market was mainly driven by the increasing R&D spending across the world.Some of the key players profiled in the study are:
Nuvve Holding Corp. (U.S.), E.ON U.K. plc (U.K.), ABB Ltd. (Switzerland), Honda Motor Co., Ltd. (Japan), Enel Spa (Italy), The Mobility House GmbH (Germany), Mitsubishi Electric Corporation (Japan), Virta Global (Finland), Ovo Energy (U.K.), Flexitricity (Scotland).
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Scope of the Report of Vehicle-to-Grid (V2G)
The Vehicle-to-Grid (V2G) Market size was valued at USD 10 USD Million in 2023 and is projected to reach USD 52.12 USD Million by 2032, exhibiting a CAGR of 26.6 % during the forecast period. A system that allows the controlled flow of electrical energy in both directions between the vehicle and the electrical grid through an aggregator. Vehicle-to-grid enables EVs to export their unused battery capacity back to the grid to fill gaps in renewable energy generation or provide support during times of peak demand. The V2G technology is more sustainable and has low carbon emissions. V2G helps mitigate greenhouse gas emissions and air pollution. V2G lowers carbon emissions by helping EVs utilize higher volumes of renewable energy. Ongoing advancements in battery technology, smart grid infrastructure, and communication systems are driving the growth of the V2G market.
The titled segments and sub-section of the market are illuminated below:
Service: Time Shifting, Frequency Response & Reserve, Distribution Services, Emergency Backup, Arbitrage, Application: Commercial, Individual, Both, Charger: DC, AC, Both
Market Drivers:
Increasing Demand for Forged Products in Power, Agriculture, Aerospace, and Defense to Drive Industry Expansion
Market Trends:
Rising Adoption of Automation in Manufacturing to Drive Market Growth
Restrains:
Battery Degradation Concerns Limits the Market Growth
What can be explored with the Vehicle-to-Grid (V2G) Market Study?
• Gain Market Understanding
• Identify Growth Opportunities
• Analyse and Measure the Global Vehicle-to-Grid (V2G) Market by Identifying Investment across various Industry Verticals
• Understand the Trends that will drive Future Changes in Vehicle-to-Grid (V2G)
• Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Strategic Points Covered in Table of Content of Global Vehicle-to-Grid (V2G) Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Vehicle-to-Grid (V2G) market
Chapter 2: Exclusive Summary - the basic information of the Vehicle-to-Grid (V2G) Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Vehicle-to-Grid (V2G)
Chapter 4: Presenting the Vehicle-to-Grid (V2G) Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2019-2023
Chapter 6: Evaluating the leading manufacturers of the Vehicle-to-Grid (V2G) market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2024-2032)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source
finally, Vehicle-to-Grid (V2G) Market is a valuable source of guidance for individuals and companies.
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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Middle East, Africa, Europe or LATAM, Southeast Asia.
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Market Research Forecast is Global leaders of Market Research Industry provides the quantified B2B research to Fortune 500 companies on high growth emerging opportunities which will impact more than 80% of worldwide companies' revenues.
Our Analyst is tracking high growth study with detailed statistical and in-depth analysis of market trends & dynamics that provide a complete overview of the industry. We follow an extensive research methodology coupled with critical insights related industry factors and market forces to generate the best value for our clients. We Provides reliable primary and secondary data sources, our analysts and consultants derive informative and usable data suited for our clients business needs. The research study enables clients to meet varied market objectives a from global footprint expansion to supply chain optimization and from competitor profiling to M&As.
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