PUBLISHER: Visiongain | PRODUCT CODE: 1790691
PUBLISHER: Visiongain | PRODUCT CODE: 1790691
Vehicle to Grid (V2G) Market Report 2025-2035
The global Vehicle to Grid (V2G) market is projected to grow at a CAGR of 23% by 2035
The Vehicle to Grid (V2G) Market Report 2025-2035 (Including Impact of U.S. Trade Tariffs): This report will prove invaluable to leading firms striving for new revenue pockets if they wish to better understand the industry and its underlying dynamics. It will be useful for companies that would like to expand into different industries or to expand their existing operations in a new region.
Growing Penetration of Renewable Energy and Grid Balancing Needs
One of the primary forces propelling the vehicle-to-grid (V2G) market is the accelerating integration of renewable energy sources,Aisuch as solar and wind,Aiinto national grids. While renewables are crucial for achieving decarbonization goals, they are inherently intermittent and unpredictable. This variability places immense pressure on grid operators to maintain stability and balance between supply and demand. V2G technology offers a unique solution by enabling parked electric vehicles (EVs) to act as decentralized energy storage units, releasing electricity back into the grid when needed.
For instance, countries like Germany and the Netherlands, with high renewable energy penetration, are actively exploring V2G pilot programs to support grid reliability. Companies like Nuvve Corporation have demonstrated successful collaborations in such contexts, working with utilities and fleet operators to stabilize the grid through aggregated EV battery capacities. As grid operators face increasing challenges due to the volatility of renewable power, V2G becomes an indispensable asset, linking clean mobility with smart energy management.
Lack of Standardization in V2G Protocols and Grid Integration
One of the most persistent barriers facing the V2G market is the absence of universally accepted standards for communication protocols and grid integration. V2G technology relies on seamless interaction between electric vehicles, charging infrastructure, and grid operators. However, interoperability remains fragmented due to the variety of proprietary systems and differing regional grid architectures.
For example, while the ISO 15118 protocol is gaining traction for enabling vehicle-to-grid communication, its adoption is still uneven across regions and manufacturers. Automakers like Nissan and Mitsubishi have developed CHAdeMO-based V2G models, while others such as BMW and Audi are aligning more with the Combined Charging System (CCS). This divergence complicates the deployment of bi-directional chargers and grid interfaces, especially for energy service companies and utilities trying to scale solutions across multiple geographies.
Until a harmonized technical framework is established,Aicovering charging standards, cybersecurity, data exchange, and grid compatibility,AiV2G adoption will continue to face deployment delays, increased costs, and integration challenges for both public and private stakeholders.
What would be the Impact of US Trade Tariffs on the Global Vehicle to Grid (V2G) Market?
The global vehicle-to-grid (V2G) market is a pivotal component in the transition toward sustainable energy systems, enabling bidirectional energy flow between electric vehicles (EVs) and the power grid. This technology not only facilitates grid stability by balancing supply and demand but also enhances the utilization of renewable energy sources. As countries strive to meet ambitious climate goals, V2G systems are increasingly recognized for their potential to reduce greenhouse gas emissions and improve energy efficiency.
However, the V2G market is intricately linked to international supply chains, relying on components such as semiconductors, batteries, and advanced materials. U.S. tariffs on these critical imports can escalate production costs and disrupt established trade flows, potentially hindering the deployment of V2G infrastructure. Such trade barriers may lead to project delays, increased prices for consumers, and a shift in sourcing strategies toward alternative countries, thereby affecting global competitiveness. In this context of rising protectionism, it is imperative to examine how the V2G market might recover under different scenarios, informing strategies over the 2025-2035 forecast period.
What Questions Should You Ask before Buying a Market Research Report?
- How is the vehicle to grid (V2G) market evolving?
- What is driving and restraining the vehicle to grid (V2G) market?
Table of Contents
1 Report Overview
- 1.1 Objectives of the Study
- 1.2 Introduction to Vehicle to Grid (V2G) Market
- 1.3 What This Report Delivers
- 1.4 Why You Should Read This Report
- 1.5 Key Questions Answered by This Analytical Report
- 1.6 Who is This Report for?
- 1.7 Methodology
- 1.7.1 Market Definitions
- 1.7.2 Market Evaluation & Forecasting Methodology
- 1.7.3 Data Validation
2 Executive Summary
3 Market Overview
4 Vehicle to Grid (V2G) Market Analysis by Charger Type
5 Vehicle to Grid (V2G) Market Analysis by Power Capacity
6 Vehicle to Grid (V2G) Market Analysis by Application
7 Vehicle to Grid (V2G) Market Analysis by Component
8 Vehicle to Grid (V2G) Market Analysis by Technology
9 Vehicle to Grid (V2G) Market Analysis by Region
10 North America Vehicle to Grid (V2G) Market Analysis
11 Europe Vehicle to Grid (V2G) Market Analysis
12 Asia-Pacific Vehicle to Grid (V2G) Market Analysis
13 Middle East and Africa Vehicle to Grid (V2G) Market Analysis
14 Latin America Vehicle to Grid (V2G) Market Analysis
15 Company Profiles
16 Conclusion and Recommendations
List of Tables
- Table 1 Vehicle to Grid (V2G) Market Snapshot, 2025 & 2035 (US$ Million, CAGR %)
- Table 2 EV sales, vans, World, 2019-2023
- Table 3 Government Incentives for V2G/EVs/Smart Grids
- Table 4 Vehicle to Grid (V2G) Market: International Trade Tariff Impact Recovery Scenarios Snapshot
- Table 5 Vehicle to Grid (V2G) Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%)), Tariff Impact V-Shaped Recovery Scenario
- Table 6 Vehicle to Grid (V2G) Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%)), Tariff Impact U-Shaped Recovery Scenario
- Table 7 Vehicle to Grid (V2G) Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%)), Tariff Impact L-Shaped Recovery Scenario
- Table 8 Global Vehicle to Grid (V2G) Market by Charger Type, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
- Table 9 Bi-Directional Chargers Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
- Table 10 Uni-Directional Chargers Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
- Table 11 Global Vehicle to Grid (V2G) Market by Power Capacity, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
- Table 12 Low Power (50 kW) Market by Region, 2025-2035 (US$ Mn, AGR (%), CAGR (%))
List of Figures
