PUBLISHER: Guidehouse Research | PRODUCT CODE: 1787829
PUBLISHER: Guidehouse Research | PRODUCT CODE: 1787829
EVs equipped with bidirectional charging capabilities are emerging as a valuable resource for grid flexibility. Known collectively as vehicle-to-everything (V2X), these technologies allow EVs to transfer energy to homes, buildings, and the grid, helping to balance electricity supply and demand. As the number of EVs on the road increases, the cumulative battery capacity available for grid support is expected to become a significant asset for managing peak demand and enhancing system resilience.
This report analyzes the global market for V2X flexibility services and bidirectional charging equipment from 2025 to 2034. It provides detailed forecasts for equipment sales, revenue, energy demand impact, and consumer cost savings across five key use cases: school bus vehicle-to-grid (V2G), commercial fleet vehicle-to-building (V2B), commercial fleet V2G, residential vehicle-to-home (V2H), and residential V2G. Charging equipment revenue is segmented into hardware, installation, power management systems, operations, and maintenance. The report also examines regional trends in North America, Europe, and OECD Asia-Pacific, highlighting the policy, technology, and market factors shaping adoption.
Guidehouse Research expects the market for bidirectional charging equipment to grow substantially over the next decade as V2X technologies move from pilot projects to broader deployment. Residential use cases are projected to account for the largest share of installations, reflecting the high number of individually owned EVs with V2X capabilities. The report offers guidance for stakeholders-including vehicle OEMs, EV supply equipment (EVSE) manufacturers, software providers, utilities, and grid operators-on how bidirectional charging systems may evolve to support grid flexibility and enable new energy management strategies.