Global Vehicle-to-grid Market to grow at a CAGR of 47.68% over the period 2014-2019; Finds New Report

Report forecast the Global Vehicle-to-grid market to grow at a CAGR of 47.68 percent over the period 2014-2019.

Vehicle-to-grid is a system that enables the flow of power back into the electric system or the electric grid from various electric drive vehicles such as BEVs, PHEVs, or fuel cell vehicles. Vehicle-to-grid systems provide a network through which the EV’s owner can communicate to the power grid. The vehicle-to-grid technology provides demand response services to the power grid to enhance the efficiency of the power system, especially at the time of peak load.

The Global Vehicle-to-grid market is divided into the following segments based on application: Electric Vehicles, Technology, and Infrastructure.

According to the report, the ability of V2G to meet high electric load demands is one of the major drivers in the market. V2G technology enables the use of EVs as distributed storage devices, with the stored power being utilized to feed the system in situations of peak load or for usage in homes or offices.

Further, the report states that the low availability of V2G supply during periods of peak demand poses a challenge for the market. Peak load management and demand response are the major functions of V2G technology, making the availability of a sufficient number of EVs to fulfil the demand a major concern for the market growth.

Global Grid-to-Vehicle (V2G) Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas and the APAC and EMEA regions; it also covers the Global Vehicle-to-grid market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global V2G Market: AC Propulsion Inc., Boulder Electric Vehicle, Coritech Services Inc. and EV Grid Inc.

Other Prominent Vendors in the market are: DENSO, Greenlots, Mitsubishi Motors, NextEnergy, Nissan, NRG Energy and Toyota Global

Key Regions

• Americas
• APAC
• EMEA

Market Driver

• Help Manage Peak Load
• For a full, detailed list, view our report

Market Challenge

• Availability of V2G Supply during Peak Demand
• For a full, detailed list, view our report

Market Trend

• Increase in Number of EV Charging Stations
• For a full, detailed list, view our report

Key Questions Answered in this Report

• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 64 pages and 22 Exhibits “Global Grid-to-Vehicle (V2G) Market 2015-2019” report covers Executive Summary, List of Abbreviations, Scope of the Report, Market Research Methodology, Introduction, Market Landscape, Market Segmentation by Application, Geographical Segmentation, Key Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends, Trends and their Impact, Vendor Landscape, Key Vendor Analysis.

For further information on this report, please visit- http://mrr.cm/4Ya

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