Vehicle to Grid Market Outlook 2021: Top Companies, Trends and Growth Factors Details for Business Development
Industry experts forecast the global Vehicle to Grid market to grow at a CAGR of 18.08% during the period 2017-2021
Vehicle to Grid Market Report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. Vehicle to Grid Industry Report covers the present scenario and the growth prospects of the Vehicle to Grid Market for 2017-2021. The research was conducted using an objective combination of primary and secondary information including inputs from key participants in the Vehicle to Grid industry.
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The report provides key statistics on the market status of the Vehicle to Grid manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Vehicle to Grid Market.
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.
Vehicle to Grid Market Segmentation by Technology:
- Global V2G market by technology
- Global V2G market by power electronics
- Global V2G market by software
Top Companies of Vehicle to Grid Market:
- AC Propulsion
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The report then estimates 2017-2021 market development trends of Vehicle to Grid market. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Vehicle to Grid market before evaluating its feasibility.
The Vehicle to Grid market report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market. Vehicle to Grid market report analyses the market potential for each geographical region based on the growth rate, macroeconomic parameters, consumer buying patterns, and market demand and supply scenarios.
Vehicle to Grid Market Driver:
- Change in grid structure allowing decentralized power generation.
Vehicle to Grid Market Challenge:
- Competition from alternative technologies.
Vehicle to Grid Market Trend:
- Increasing popularity of EVs through government initiatives
- Rapid deployment of smart grids
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Geographical Segmentation of Vehicle to Grid Market:
- Vehicle to Grid market in Americas
- Vehicle to Grid market in APAC
- Vehicle to Grid market in EMEA
The report provides a basic overview of the Vehicle to Grid industry including definitions, segmentation, applications, key vendors, market drivers and market challenges. The Vehicle to Grid market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status
Through the statistical analysis, the report depicts the global Vehicle to Grid market including capacity, production, production value, cost/profit, supply/demand and import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.
Key questions answered in Vehicle to Grid market 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?
No. of Pages: 70
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List of Exhibits in Vehicle to Grid market report:
- Exhibit 01: Product offerings
- Exhibit 02: Impact of drivers
- Exhibit 03: Impact of drivers and challenges
- Exhibit 04: Key countries in each region
- Exhibit 05: Global Vehicle to Grid market shares by geographies 2015
- Exhibit 06: Global Vehicle to Grid market shares by geographies 2021
- Exhibit 07: Geographical segmentation by revenue 2015