A V2G system facilitates the flow of power between a power grid and electric drive vehicles such as battery electric vehicle (BEV), plug-in hybrid electric vehicle (PHEV), or fuel cell electric vehicle. These V2G systems also provide a network that helps the owner communicate with the power grid. In addition, the V2G technology provides demand response services to the power grid, enhancing the efficiency of the system while operating heavy loads.
According to the report, one driver in market is change in grid structure allowing decentralized power generation. The power system has undergone dramatic technical and institutional changes over the years. This has occurred due to the deregulation of the power industry, introduction of the smart grid, and the expansion of power generation resources that are connected to the grid. Energy policies in the majority of countries focus on the need for a clean, affordable, and reliable energy supply. This has resulted in power to be generated from low-carbon or no carbon fuels. Utilities and energy companies are making efforts to accommodate these fuels by changing the functioning of the grid. Traditional power grid had linear power generation, partial connection with its customers, and one-way communication. However, energy and utility companies are improving each part of the value chain by implementing new IT technology, which has made the grid smarter. Therefore, installing smart grid technology utilities will provide a higher level of transparency and control on the transmission and distribution of electricity.
In 2019, the market size of VGI/V2G/GIV/Vehicle Grid Integration is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for VGI/V2G/GIV/Vehicle Grid Integration.
This report studies the global market size of VGI/V2G/GIV/Vehicle Grid Integration, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the VGI/V2G/GIV/Vehicle Grid Integration production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
AC Propulsion
Coritech Services
Denso
Hitachi
Autoport
BMW
Daimler
Ford Motor
Honda
Kisensum
Mitsubishi Motors
Nissan
Tesla Motors
Market Segment by Product Type
Drive System Technology
Software And Communication Technology
Equipment
Market Segment by Application
Private Vehicle
Commcial Vehicle
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the VGI/V2G/GIV/Vehicle Grid Integration status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key VGI/V2G/GIV/Vehicle Grid Integration manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies 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 VGI/V2G/GIV/Vehicle Grid Integration are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on VGI/V2G/GIV/Vehicle Grid Integration . Industry analysis & Market Report on VGI/V2G/GIV/Vehicle Grid Integration is a syndicated market report, published as Global (United States, European Union and China) VGI/V2G/GIV/Vehicle Grid Integration Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of VGI/V2G/GIV/Vehicle Grid Integration market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.