Market Research Report
Market Data Blockchain-Enabled EV Charging and Integration: Hardware Deployment, Electricity Demand, Peer-to-Peer Charging, and Global Forecasts for Charging Services and Grid Integration Revenue
|Published by||Navigant Research||Product code||929311|
|Published||Content info||25 Pages; 33 Tables, Charts & Figures
Delivery time: 1-2 business days
|Market Data Blockchain-Enabled EV Charging and Integration: Hardware Deployment, Electricity Demand, Peer-to-Peer Charging, and Global Forecasts for Charging Services and Grid Integration Revenue|
|Published: March 23, 2020||Content info: 25 Pages; 33 Tables, Charts & Figures||
EV charging and integration use cases for blockchain technology benefit from clear technological objectives and a straightforward development roadmap. This roadmap begins with one-way charging services and grows in complexity toward the full integration of EVs into the grid as distributed assets capable of responding to grid signals and providing auxiliary services such as frequency regulation and demand response. Leading automakers and industry consortia have patiently invested in blockchain technology as a potential enabler of this integrated future.
Beyond contributing efficiencies to the information management layer of EV charging and integration solutions, blockchain technology can enable owners of EVs to take advantage of new revenue streams in the form of peer-to-peer charging applications and grid services. Blockchain is a network technology-as more users join the network, potential revenue generation for each participant grows non-linearly. This relationship creates new opportunities for service providers and could result in positive feedback that accelerates demand for charging hardware and for EVs.
This report from Navigant Research, a Guidehouse company, provides forecasts for blockchain-enabled charging hardware deployment, electricity demand from blockchain-based platforms, and revenue from EV charging and integration applications between 2020 and 2029. Forecasts cover five global regions and three industry segments: home charging (including a separate subsegment for peer-to-peer charging), public charging, and fleet charging. It concludes with recommendations for actions that vendors and service providers can take to accelerate the development and deployment of blockchain-based EV solutions.