Widespread electrification of the transportation sector has allowed the production and sales of millions of EVs. EVs have high potential to reduce GHG emissions and other air pollutants from the transportation sector. Alternatively, they serve as an energy resource for sending power back to the grid when required and providing ancillary services. This process is called as V2G. A V2G system facilitates the flow of power between a power grid and electric drive vehicles, such as BEVs, plug-in hybrid electric vehicle (PHEVs), or fuel cell EVs. In addition, these V2G systems provide a network that helps owners communicate with the power grid. The V2G technology provides demand response services to the power grid, enhancing the efficiency of the system while operating with heavy loads.
Analysts forecast the Global Vehicle to Grid Market to Grow at a CAGR Of 18.08% During the Period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global vehicle to grid market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Global Vehicle to Grid Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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- AC Propulsion
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Other prominent vendors
- Boulder Electric Vehicle
- Ford Motor Company
- Mitsubishi Motors
- Tesla Motors
- Change in grid structure allowing decentralized power generation.
- Competition from alternative technologies.
- Increasing popularity of EVs through government initiatives.
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
Table of Contents
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market segmentation by technology
PART 07: Geographical segmentation
PART 08: Key leading countries
PART 09: Decision framework
PART 10: Drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
List of Exhibits
Exhibit 01: Benefits of V2G
Exhibit 02: Working of V2G system
Exhibit 03: Basic requirements of V2G technology
Exhibit 04: Global V2G market
Exhibit 05: Global V2G market 2016-2021 ($ billions)
Exhibit 06: Estimated time spent by EV by location and activity in a day (mins)
Exhibit 07: Various functions of VGI
Exhibit 08: Examples of V2G pilot projects
Exhibit 09: Five forces analysis
Exhibit 10: Global V2G market by technology 2016 and 2021 (%)
Exhibit 11: Global V2G market by technology 2016-2021 ($ billions)
Exhibit 12: Global V2G market by power electronics 2016-2021 ($ billions)
Exhibit 13: Global V2G market by software application 2016-2021 ($ billions)
Exhibit 14: Typical V2G communication path
Exhibit 15: Global V2G market by geography 2016 and 2021
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