Market Research Logo

Global Vehicle to Grid Market 2017-2021

Global Vehicle to Grid Market 2017-2021

About Vehicle to Grid

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.

Technavio’s analysts forecast the global vehicle to grid market to grow at a CAGR of 18.08% during the period 2017-2021.

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:

  • Americas
  • APAC
  • EMEA
Technavio's report, 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.

Key vendors
  • AC Propulsion
  • CORITECH
  • DENSO
  • Hitachi
Other prominent vendors
  • AutoPort
  • Boulder Electric Vehicle
  • Daimler
  • Ford Motor Company
  • Honda
  • Kisensum
  • Mitsubishi Motors
  • Nissan
  • Tesla Motors
Market driver
  • Change in grid structure allowing decentralized power generation.
  • For a full, detailed list, view our report
Market challenge
  • Competition from alternative technologies.
  • For a full, detailed list, view our report
Market trend
  • Increasing popularity of EVs through government initiatives.
  • For a full, detailed list, view our report
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?


  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
    • Technology overview
      • Table Benefits of V2G
      • Table Working of V2G system
      • Table Basic requirements of V2G technology
  • Market landscape
    • Market overview
      • Table Global V2G market
    • Market size and forecast
      • Table Global V2G market 2016-2021 ($ billions)
      • Table Estimated time spent by EV by location and activity in a day (mins)
      • Table Various functions of VGI
      • Table Examples of V2G pilot projects
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by technology
    • Global V2G market by technology
      • Table Global V2G market by technology 2016 and 2021 (%)
      • Table Global V2G market by technology 2016-2021 ($ billions)
    • Global V2G market by power electronics
      • Table Global V2G market by power electronics 2016-2021 ($ billions)
    • Global V2G market by software
      • Table Global V2G market by software application 2016-2021 ($ billions)
      • Table Typical V2G communication path
  • Geographical segmentation
    • Global V2G market by geography
      • Table Global V2G market by geography 2016 and 2021
      • Table Global V2G market by geography 2016-2021 ($ billions)
    • V2G market in Americas
      • Table V2G market in Americas 2016-2021 ($ billions)
    • V2G market in APAC
      • Table V2G market in APAC 2016-2021 ($ billions)
    • V2G market in EMEA
      • Table V2G market in EMEA 2016-2021 ($ billions)
  • Key leading countries
    • US
    • China
    • Japan
  • Decision framework
  • Drivers and challenges
    • Market drivers
      • Table Traditional power grid
      • Table Transformed grid
      • Table Global EV stock 2012-2015 (thousands)
      • Table EV spending by EV Initiative countries 2008-2014 (%)
      • Table PHEV Battery Progress 2010-2015
    • Impact of drivers on key customer segments
      • Table Impact of drivers
    • Market challenges
      • Table Standards related to VGI
    • Impact of challenges on key customer segments
      • Table Impact of challenges
  • Market trends
    • Increasing popularity of EVs through government initiatives
      • Table Government initiatives to increase purchase of EVs
    • Rapid deployment of smart grids
    • Rise in number of EV charging stations
  • Vendor landscape
    • Competitive scenario
    • Other prominent vendors
  • Key vendor analysis
    • AC Propulsion
      • Table AC Propulsion: Product and services overview
      • Table AC Propulsion: V2G product portfolio
    • CORITECH
      • Table CORITECH: Product overview
      • Table CORITECH: Product portfolio
    • DENSO
    • Hitachi
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report