Vehicle-to-Grid Market: Global Market Size, Forecast, Insights, and Competitive Landscape
The global vehicle-to-grid market is expected to grow at a CAGR of around 38.7% during 2024-2033. This report on global vehicle-to-grid market report provides holistic understanding of the market along with market sizing, forecast, drivers, challenges, and competitive landscape. The report presents a clear picture of the global vehicle-to-grid market by segmenting the market based on solution type, vehicle type, charging type, application and region. Also, detailed profiles of companies operating in the vehicle-to-grid market are provided in this report. We believe that this report will aid the professionals and industry stakeholders in making informed decision.
Market Drivers
• Growing Investment and Demand for Electric Vehicles
• Rising Governments’ Initiatives to promote the adoption of EVs
Market Challenges
• High Initial Cost
• Lack in Investments
Historical & Forecast Period
Base Year: 2023
Historical Period: 2019-2023
Forecast Period: 2024-2033
Market by Solution Type
• Electric Vehicle Supply Equipment (EVSE)
• Smart Meters
• Home Energy Management (HEM) Systems
• Software Solutions
Market by Vehicle Type
• Battery Electric Vehicle (BEV)
• Fuel Cell Electric Vehicle (FCEV)
• Plug-In Hybrid Electric Vehicle (PHEV)
Market by Charging Type
• Unidirectional Charging
• Bidirectional Charging
Market by Application
• Peak Power Sales
• Spinning Reserves
• Base Load Power
• Others
Market by Region
• Europe
Germany
United Kingdom
France
Italy
Spain
Russia
Netherlands
Rest of Europe
• North America
United States
Canada
• Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Rest of Asia Pacific
• Latin America
Mexico
Brazil
Argentina
Rest of Latin America
• Middle East & Africa
Saudi Arabia
Turkey
Iran
United Arab Emirates
Rest of Middle East & Africa
- 1. Preface
- 1.1 Objective
- 1.2 Target Audience & Key Offerings
- 1.3 Report’s Scope
- 1.4 Research Methodology
- 1.4.1 Phase I
- 1.4.2 Phase II
- 1.4.3 Phase III
- 1.5 Assumptions
- 2. Key Insights
- 3. Global Vehicle-to-Grid Market
- 3.1. Introduction
- 3.2. Market Drivers
- 3.3. Market Challenges
- 4. Global Vehicle-to-Grid Market Analysis
- 4.1. Market Portraiture
- 4.2. Market Size
- 4.3. Market Forecast
- 4.4. Impact of COVID-19
- 5. Global Vehicle-to-Grid Market by Solution Type
- 5.1. Introduction
- 5.2. Electric Vehicle Supply Equipment (EVSE)
- 5.3. Smart Meters
- 5.4. Home Energy Management (HEM) Systems
- 5.5. Software Solutions
- 6. Global Vehicle-to-Grid Market by Vehicle Type
- 6.1. Introduction
- 6.2. Battery Electric Vehicle (BEV)
- 6.3. Fuel Cell Electric Vehicle (FCEV)
- 6.4. Plug-In Hybrid Electric Vehicle (PHEV)
- 7. Global Vehicle-to-Grid Market by Charging Type
- 7.1. Introduction
- 7.2. Unidirectional Charging
- 7.3. Bidirectional Charging
- 8. Global Vehicle-to-Grid Market by Application
- 8.1. Introduction
- 8.2. Peak Power Sales
- 8.3. Spinning Reserves
- 8.4. Base Load Power
- 8.5. Others
- 9. Global Vehicle-to-Grid Market by Region
- 9.1 Introduction
- 9.2 Europe
- 9.2.1 Germany
- 9.2.2 United Kingdom
- 9.2.3 France
- 9.2.4 Italy
- 9.2.5 Spain
- 9.2.6 Russia
- 9.2.7 Netherlands
- 9.2.8 Rest of the Europe
- 9.3 North America
- 9.3.1 United States
- 9.3.2 Canada
- 9.4 Asia Pacific
- 9.4.1 China
- 9.4.2 Japan
- 9.4.3 India
- 9.4.4 South Korea
- 9.4.5 Australia
- 9.4.6 Indonesia
- 9.4.7 Rest of the Asia Pacific
- 9.5 Latin America
- 9.5.1 Mexico
- 9.5.2 Brazil
- 9.5.3 Argentina
- 9.5.4 Rest of Latin America
- 9.6 Middle East & Africa
- 9.6.1 Saudi Arabia
- 9.6.2 Turkey
- 9.6.3 Iran
- 9.6.4 United Arab Emirates
- 9.6.5 Rest of Middle East & Africa
- 10. SWOT Analysis
- 11. Porter’s Five Forces
- 12. Market Value Chain Analysis
- 13. Competitive Landscape
- 13.1. Competitive Scenario
- 13.2. Company Profiles
- 13.2.1. AC Propulsion Inc.
- 13.2.2. Coritech Services Inc.
- 13.2.3. DENSO Corporation
- 13.2.4. Enerdel Inc.
- 13.2.5. ENGIE Group
- 13.2.6. EV Grid
- 13.2.7. Hitachi Ltd.
- 13.2.8. Nissan Motor Company Ltd.
- 13.2.9. NRG Energy Inc.
- 13.2.10. OVO Energy Ltd.
- List of Figures
- Figure 1: Global Vehicle-to-Grid Market (in US$ Million), 2019-2023
- Figure 2: Global Vehicle-to-Grid Market by Solution Type, 2023
- Figure 3: Global Vehicle-to-Grid Market by Vehicle Type, 2023
- Figure 4: Global Vehicle-to-Grid Market by Charging Type, 2023
- Figure 5: Global Vehicle-to-Grid Market by Application, 2023
- Figure 6: Global Vehicle-to-Grid Market by Region, 2023
- Figure 7: Global Vehicle-to-Grid Market (in US$ Million), 2024-2033
- Figure 8: Global Vehicle-to-Grid Market by Solution Type (in %), 2023 & 2033
- Figure 9: Global Electric Vehicle Supply Equipment (EVSE) Vehicle-to-Grid Market (in US$ Million), 2019-2023
- Figure 10: Global Electric Vehicle Supply Equipment (EVSE) Vehicle-to-Grid Market (in US$ Million), 2024-2033
- Figure 11: Global Smart Meters Vehicle-to-Grid Market (in US$ Million), 2019-2023
- Figure 12: Global Smart Meters Vehicle-to-Grid Market (in US$ Million), 2024-2033
- Figure 13: Global Home Energy Management (HEM) Systems Vehicle-to-Grid Market (in US$ Million), 2019-2023
- Figure 14: Global Home Energy Management (HEM) Systems Vehicle-to-Grid Market (in US$ Million), 2024-2033
- Figure 15: Global Software Solutions Vehicle-to-Grid Market (in US$ Million), 2019-2023
- Figure 16: Global Software Solutions Vehicle-to-Grid Market (in US$ Million), 2024-2033
- Figure 17: Global Vehicle-to-Grid Market by Vehicle Type (in %), 2023 & 2033
- Figure 18: Global Battery Electric Vehicle (BEV) Vehicle-to-Grid Market (in US$ Million), 2019-2023
- Figure 19: Global Battery Electric Vehicle (BEV) Vehicle-to-Grid Market (in US$ Million), 2024-2033
- Figure 20: Global Fuel Cell Electric Vehicle (FCEV) Vehicle-to-Grid Market (in US$ Million), 2019-2023
- Figure 21: Global Fuel Cell Electric Vehicle (FCEV) Vehicle-to-Grid Market (in US$ Million), 2024-2033
- Figure 22: Global Plug-In Hybrid Electric Vehicle (PHEV) Vehicle-to-Grid Market (in US$ Million), 2019-2023
- Figure 23: Global Plug-In Hybrid Electric Vehicle (PHEV) Vehicle-to-Grid Market (in US$ Million), 2024-2033
- Figure 24: Global Vehicle-to-Grid Market by Charging Type (in %), 2023 & 2033
- Figure 25: Global Unidirectional Charging Vehicle-to-Grid Market (in US$ Million), 2019-2023
- Figure 26: Global Unidirectional Charging Vehicle-to-Grid Market (in US$ Million), 2024-2033
- Figure 27: Global Bidirectional Charging Vehicle-to-Grid Market (in US$ Million), 2019-2023
- Figure 28: Global Bidirectional Charging Vehicle-to-Grid Market (in US$ Million), 2024-2033
- Figure 29: Global Vehicle-to-Grid Market by Application (in %), 2023 & 2033
- Figure 30: Global Peak Power Sales Vehicle-to-Grid Market (in US$ Million), 2019-2023
- Figure 31: Global Peak Power Sales Vehicle-to-Grid Market (in US$ Million), 2024-2033
- Figure 32: Global Spinning Reserves Vehicle-to-Grid Market (in US$ Million), 2019-2023
- Figure 33: Global Spinning Reserves Vehicle-to-Grid Market (in US$ Million), 2024-2033
- Figure 34: Global Base Load Power Vehicle-to-Grid Market (in US$ Million), 2019-2023
- Figure 35: Global Base Load Power Vehicle-to-Grid Market (in US$ Million), 2024-2033
- Figure 36: Global Other Applications Vehicle-to-Grid Market (in US$ Million), 2019-2023
- Figure 37: Global Other Applications Vehicle-to-Grid Market (in US$ Million), 2024-2033
- Figure 38: Global Vehicle-to-Grid Market by Region (in %), 2023 & 2033
- Figure 39: Europe Vehicle-to-Grid Market (in US$ Million), 2019-2023
- Figure 40: Europe Vehicle-to-Grid Market (in US$ Million), 2024-2033
- Figure 41: Europe Vehicle-to-Grid Market by Country (in %), 2023 & 2033
- Figure 42: Germany Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 43: United Kingdom Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 44: France Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 45: Italy Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 46: Spain Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 47: Russia Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 48: Netherlands Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 49: North America Vehicle-to-Grid Market (in US$ Million), 2019-2023
- Figure 50: North America Vehicle-to-Grid Market (in US$ Million), 2024-2033
- Figure 51: North America Vehicle-to-Grid Market by Country (in %), 2023 & 2033
- Figure 52: United States Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 53: Canada Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 54: Asia Pacific Vehicle-to-Grid Market (in US$ Million), 2019-2023
- Figure 55: Asia Pacific Vehicle-to-Grid Market (in US$ Million), 2024-2033
- Figure 56: Asia Pacific Vehicle-to-Grid Market by Country (in %), 2023 & 2033
- Figure 57: China Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 58: Japan Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 59: India Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 60: South Korea Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 61: Australia Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 62: Indonesia Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 63: Latin America Vehicle-to-Grid Market (in US$ Million), 2019-2023
- Figure 64: Latin America Vehicle-to-Grid Market (in US$ Million), 2024-2033
- Figure 65: Latin America Vehicle-to-Grid Market by Country (in %), 2023 & 2033
- Figure 66: Mexico Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 67: Brazil Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 68: Argentina Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 69: Middle East & Africa Vehicle-to-Grid Market (in US$ Million), 2019-2023
- Figure 70: Middle East & Africa Vehicle-to-Grid Market (in US$ Million), 2024-2033
- Figure 71: Middle East & Africa Vehicle-to-Grid Market by Country (in %), 2023 & 2033
- Figure 72: Saudi Arabia Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 73: Turkey Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 74: Iran Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 75: UAE Vehicle-to-Grid Market (in US$ Million), 2019-2033
- Figure 76: Market Value Chain
- List of Tables
- Table 1: Global Vehicle-to-Grid Market Portraiture
- Table 2: Global Vehicle-to-Grid Market by Solution Type (in US$ Million), 2023 & 2033
- Table 3: Global Vehicle-to-Grid Market by Vehicle Type (in US$ Million), 2023 & 2033
- Table 4: Global Vehicle-to-Grid Market by Charging Type (in US$ Million), 2023 & 2033
- Table 5: Global Vehicle-to-Grid Market by Application (in US$ Million), 2023 & 2033
- Table 6: Global Vehicle-to-Grid Market by Region (in US$ Million), 2023 & 2033
- Table 7: Europe Vehicle-to-Grid Market by Country (in US$ Million), 2023 & 2033
- Table 8: North America Vehicle-to-Grid Market by Country (in US$ Million), 2023 & 2033
- Table 9: Asia Pacific Vehicle-to-Grid Market by Country (in US$ Million), 2023 & 2033
- Table 10: Latin America Vehicle-to-Grid Market by Country (in US$ Million), 2023 & 2033
- Table 11: Middle East & Africa Vehicle-to-Grid Market by Country (in US$ Million), 2023 & 2033
- Table 12: List of Key Players
Research Assistance
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