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Vehicle-to-grid (V2G) describes a system in which plug-in electric vehicles, such as electric cars (BEVs) and plug-in hybrids (PHEVs), communicate with the power grid to sell demand response services by either delivering electricity into the grid or by throttling their charging rate.
Scope of the Report:
Large-scale electric vehicle ordered charging can optimize power system operation, reduce peak loads, thus improving the operation safety and economy of power system. Compared with the traditional fuel vehicles, electric vehicles can greatly reduce primary energy consumption and greenhouse gas emissions.
Many countries have set objectives to expand the EV market in the coming decades, and each has taken a different approach to the policy enablers that they hope will help stimulate the market in the near term. Their motivations are similar: to improve air quality in vehicle-dense urban areas, to reduce transportation sector emissions of GHGs, and to achieve greater energy independence by reducing foreign oil imports.
Shortcomings in vehicle uptake have been feared by many to be the result of driver anxiety about vehicle range. Frequently, policy proposals to solve vehicle range issues call for networks of high capacity charging stations. In theory, giving drivers the ability to charge vehicles on-the-go could reduce range anxiety and mimic the refueling infrastructure to which drivers of gasoline-powered cars have become accustomed.
The costs of driver adaptation underlie the challenge of stimulating EV market growth. Within the technical constraints of today's vehicles, there is no way to meet all drivers' vehicle range requirements for all trips. Drivers may be willing to find alternate modes of transportation, such as public transit or car rentals, if they are sufficiently compensated for the inconvenience. The question is: what is the required compensation, and where in the economic equation can it be captured?
The worldwide market for Vehicle-to-Grid (V2G) is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2024, from xx million US$ in 2019, according to a new GIR (Global Info Research) study.
This report focuses on the Vehicle-to-Grid (V2G) in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
Market Segment by Manufacturers, this report covers
- AC Propulsion
- EV Grid
- Next Energy
- NRG Energy
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Unidirectional V2G
- Bidirectional V2G
Market Segment by Applications, can be divided into
- Peak power sales
- Spinning reserves
- Base load power
- Peak power as a form of direct load control (DLC)
- Peak power to reduce demand charges
- Reactive power
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Vehicle-to-Grid (V2G) product scope, market overview, market opportunities, market driving force and market risks.
Chapter 2, to profile the top manufacturers of Vehicle-to-Grid (V2G), with price, sales, revenue and global market share of Vehicle-to-Grid (V2G) in 2017 and 2018.
Chapter 3, the Vehicle-to-Grid (V2G) competitive situation, sales, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Vehicle-to-Grid (V2G) breakdown data are shown at the regional level, to show the sales, revenue and growth by regions, from 2014 to 2019.
Chapter 5, 6, 7, 8 and 9, to break the sales data at the country level, with sales, revenue and market share for key countries in the world, from 2014 to 2019.
Chapter 10 and 11, to segment the sales by type and application, with sales market share and growth rate by type, application, from 2014 to 2019.
Chapter 12, Vehicle-to-Grid (V2G) market forecast, by regions, type and application, with sales and revenue, from 2019 to 2024.
Chapter 13, 14 and 15, to describe Vehicle-to-Grid (V2G) sales channel, distributors, customers, research findings and conclusion, appendix and data source.