Market Research Report
Global Vehicle to Grid Market 2020-2024
|Published by||TechNavio (Infiniti Research Ltd.)||Product code||938107|
|Published||Content info||120 Pages
Delivery time: 1-2 business days
|Global Vehicle to Grid Market 2020-2024|
|Published: May 15, 2020||Content info: 120 Pages||
Technavio has been monitoring the vehicle to grid market and it is poised to grow by $ 5.01 bn during 2020-2024 progressing at a CAGR of 14% during the forecast period. Our reports on vehicle to grid market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the change in grid structure allowing decentralized power generation, ability to meet peak electricity demands, and improvements in EV battery technology. In addition, change in grid structure allowing decentralized power generation is anticipated to boost the growth of the market as well.
The vehicle to grid market analysis include technology segment and geographic landscapes
Technavio's ‘vehicle to grid market ’ is segmented as below:
By Geographic Landscape:
This study identifies the increasing popularity of EVs through government initiatives as one of the prime reasons driving the vehicle to grid market growth during the next few years. Also, rapid deployment of smart grids, and rise in number of EV charging stations will lead to sizable demand in the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our vehicle to grid market covers the following areas:
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading vehicle to grid market vendors that include AC Propulsion Inc., Coritech Services, Daimler AG, DENSO Corp., Hitachi Ltd., Honda Motor Co. Ltd., Liikennevirta Oy (Ltd.), NUVVE Corp., Qualcomm Inc., and Tesla Inc.. Also, the vehicle to grid market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.