Report overview
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.
This report contains market size and forecasts of VGI/V2G/GIV/Vehicle Grid Integration in Global, including the following market information:
Global VGI/V2G/GIV/Vehicle Grid Integration Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global VGI/V2G/GIV/Vehicle Grid Integration market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Drive System Technology Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of VGI/V2G/GIV/Vehicle Grid Integration include AC Propulsion, Coritech Services, Denso, Hitachi, Autoport, BMW, Daimler, Ford Motor and Honda, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the VGI/V2G/GIV/Vehicle Grid Integration companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global VGI/V2G/GIV/Vehicle Grid Integration Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global VGI/V2G/GIV/Vehicle Grid Integration Market Segment Percentages, by Type, 2021 (%)
Drive System Technology
Software And Communication Technology
Equipment
Global VGI/V2G/GIV/Vehicle Grid Integration Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global VGI/V2G/GIV/Vehicle Grid Integration Market Segment Percentages, by Application, 2021 (%)
Private Vehicle
Commcial Vehicle
Global VGI/V2G/GIV/Vehicle Grid Integration Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global VGI/V2G/GIV/Vehicle Grid Integration Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies VGI/V2G/GIV/Vehicle Grid Integration revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies VGI/V2G/GIV/Vehicle Grid Integration revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
AC Propulsion
Coritech Services
Denso
Hitachi
Autoport
BMW
Daimler
Ford Motor
Honda
Kisensum
Mitsubishi Motors
Nissan
Tesla Motors