Global Energy Management V2H (Vehicle To Home) Power Supply Systems Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Energy Management V2H (Vehicle To Home) Power Supply Systems Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Energy management v2h (vehicle to home) power supply systems is a bidirectional system. Energy management v2h (vehicle to home) power supply systems can quickly charge electric vehicles through the power of energy management system, and can also supply the power in electric vehicles back to the home when the power supply is unstable or power failure occurs. In addition, through the coordination of energy management v2h (vehicle to home) power supply systems, the system can effectively distribute electricity, including electricity generated by residential photovoltaic systems (solar panels), to electric vehicles and households.

Market Overview:

The latest research study on the global Energy Management V2H (Vehicle To Home) Power Supply Systems market finds that the global Energy Management V2H (Vehicle To Home) Power Supply Systems market reached a value of USD 57.3 million in 2022. It’s expected that the market will achieve USD 145.93 million by 2028, exhibiting a CAGR of 16.86% during the forecast period.

Market demand for energy conservation and emission reduction

The Paris Agreement reached in 2015 and the subsequent implementation rules promoted the demand for energy conservation and emission reduction in various countries. Smart grid provides favorable conditions and opportunities for adjusting and optimizing power and energy structure, improving power grid operation efficiency and reliability, and reducing costs. V2H means vehicle to home. It takes the battery of electric vehicle as the carrier of distributed storage of electric energy, and charges the electric vehicle during the power consumption trough, and supplies power to the family during the power consumption peak or special circumstances. Therefore, it effectively solves the defect that the power grid can hardly store energy to a certain extent, and provides a new way for the effective utilization of electric energy. Energy management v2h (vehicle to home) power supply systems can implement the goal of energy saving and emission reduction to every car, and apply the planning of smart grid to every family, which is conducive to the establishment of an organic whole of electric vehicles from intelligent fast charging to energy saving and environmental protection, and then to efficient utilization of electric energy. The development of smart grid and the demand of energy saving and emission reduction in various countries promote the market development of energy management V2H (vehicle to home) power supply systems.

Intense market competition

Energy management v2h (vehicle to home) power supply systems industry market is facing fierce competition. There are many well-known enterprises in the world that have advanced product research and development technology and started earlier, such as Nichicon, Wallbox and Mitsubishi, which have launched fierce market share competition in the market. In addition, in recent years, the government's advocacy for new energy, the social demand for energy conservation and emission reduction and the development of smart grid have made energy management v2h (vehicle to home) power supply systems have great market potential, attracting more automobile manufacturers and related internet technology enterprises to enter the market. The fierce market competition and more market participants have challenged the practicability, high efficiency, technical level and functional diversity of energy management v2h (vehicle to home) power supply systems.

Region Overview:

In 2022, the share of the Energy Management V2H (Vehicle To Home) Power Supply Systems market in Europe stood at 46.02%.

Company Overview:

Nichicon is one of the major players operating in the Energy Management V2H (Vehicle To Home) Power Supply Systems market, holding a share of 32.74% in 2021.

Nichicon

NICHICON CORPORATION manufactures and markets various capacitors, including aluminum electrolytic capacitors, tantalum electrolytic capacitors, and plastic film capacitors. The Company also makes hybrid integrated circuits (IC) and thermistors.
Product Lines: Aluminum electrolytic capacitors, Plastic film capacitors, Positive thermistors Posi-R, Household energy storage systems, Vehicle-to-Home (V2H) systems, EVs/PHVs Quick Charger, Public and industrial power storage system, Switching power supplies, Function modules, Power sources for medical accelerator, Power sources for academic study accelerator, Momentary voltage sag compensator, Power outage compensator

Wallbox

Wallbox is a global company, dedicated to changing the way the world uses energy in the electric vehicle industry. Wallbox creates smart charging systems that combine innovative technology with outstanding design and manage the communication between vehicle, grid, building and charger.
Wallbox offers a complete portfolio of charging and energy management solutions for residential, semi-public and public use in more than 60 countries.
Founded in 2015, with headquarters in Barcelona, Wallbox’s mission is to facilitate the adoption of electric vehicles today to make more sustainable use of energy tomorrow. The company employs over 500 people in Europe, Asia, and the Americas.

Segmentation Overview:

As for product types, the Above 6KW segment held the largest market share in 2022.

Application Overview:

The market's largest segment by application is the segment Home Building, with a market share of 87.55% in 2022.

Key Companies in the global Energy Management V2H (Vehicle To Home) Power Supply Systems market covered in Chapter 3:

Nichicon
Mitsubishi
Toyota
SETEC Power
DENSO
Delta
Dcbel
Wallbox

In Chapter 4 and Chapter 14.2, on the basis of types, the Energy Management V2H (Vehicle To Home) Power Supply Systems market from 2018 to 2029 is primarily split into:

Above 6KW
Below 6 KW

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Energy Management V2H (Vehicle To Home) Power Supply Systems market from 2018 to 2029 covers:

Home Building
Non-Home Building

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)