Global Vehicle-To-Grid (V2G) Market Growth (Status and Outlook) 2023-2029

Vehicle-to-grid, or V2G technology, is defined as a system that is capable of controlling the bidirectional flow of electricity between the vehicle and the grid. Electricity flows from the grid to the vehicle to charge the battery. Also, electricity can flow back from the vehicle to the grid when required. A majority of the time, electric vehicles are not in use. During this idle time, the batteries of these vehicles can be utilized for supplying electricity back to the grid.

Since the V2G technology has only been commercialized in 2020, and has not yet been commercialized on a large scale, the report predicts and analyses revenue data for 2020-2030
LPI (LP Information)' newest research report, the “Vehicle-To-Grid (V2G) Industry Forecast” looks at past sales and reviews total world Vehicle-To-Grid (V2G) sales in 2022, providing a comprehensive analysis by region and market sector of projected Vehicle-To-Grid (V2G) sales for 2023 through 2029. With Vehicle-To-Grid (V2G) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Vehicle-To-Grid (V2G) industry.

This Insight Report provides a comprehensive analysis of the global Vehicle-To-Grid (V2G) landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Vehicle-To-Grid (V2G) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Vehicle-To-Grid (V2G) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Vehicle-To-Grid (V2G) and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Vehicle-To-Grid (V2G).

The global Vehicle-To-Grid (V2G) market size is projected to grow from US$ 31 million in 2022 to US$ 2467.8 million in 2029; it is expected to grow at a CAGR of 86.6% from 2023 to 2029.

Global vehicle-to-grid (V2G) key players include NUVVE, Enel Energia , Moixa, E.ON, The Mobility House, etc. Global top 5 players hold a share about 87%.

Europe is the largest market, with a share about 45%, followed by Asia-Pacific and North America, having a total share about 50 percent.

In terms of product, unidirectional V2G is the largest segment, with a share about 72%. And in terms of application, the largest application is battery electric vehicles, followed by plug-in hybrid electric vehicles, fuel cell vehicles.

This report presents a comprehensive overview, market shares, and growth opportunities of Vehicle-To-Grid (V2G) market by product type, application, key players and key regions and countries.

Market Segmentation:
Segmentation by type
    Unidirectional V2G
    Bidirectional V2G

Segmentation by application
    Battery Electric Vehicles
    Plug-In Hybrid Electric Vehicles
    Fuel Cell Vehicles

This report also splits the market by region:
    Americas
        United States
        Canada
        Mexico
        Brazil
    APAC
        China
        Japan
        Korea
        Southeast Asia
        India
        Australia
    Europe
        Germany
        France
        UK
        Italy
        Russia
    Middle East & Africa
        Egypt
        South Africa
        Israel
        Turkey
        GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
    NUVVE
    Enel Energia
    Moixa
    E.ON
    The Mobility House
    Tennet
    Fermata Energy
    KEPCO
    EDF Energy
    Tokyo Electric Power
    ActewAGL

List of Tables
    Table 1. Vehicle-To-Grid (V2G) Market Size CAGR by Region (2018 VS 2022 VS 2029) & ($ Millions)
    Table 2. Major Players of Unidirectional V2G
    Table 3. Major Players of Bidirectional V2G
    Table 4. Vehicle-To-Grid (V2G) Market Size CAGR by Type (2018 VS 2022 VS 2029) & ($ Millions)
    Table 5. Global Vehicle-To-Grid (V2G) Market Size by Type (2018-2023) & ($ Millions)
    Table 6. Global Vehicle-To-Grid (V2G) Market Size Market Share by Type (2018-2023)
    Table 7. Vehicle-To-Grid (V2G) Market Size CAGR by Application (2018 VS 2022 VS 2029) & ($ Millions)
    Table 8. Global Vehicle-To-Grid (V2G) Market Size by Application (2018-2023) & ($ Millions)
    Table 9. Global Vehicle-To-Grid (V2G) Market Size Market Share by Application (2018-2023)
    Table 10. Global Vehicle-To-Grid (V2G) Revenue by Players (2018-2023) & ($ Millions)
    Table 11. Global Vehicle-To-Grid (V2G) Revenue Market Share by Player (2018-2023)
    Table 12. Vehicle-To-Grid (V2G) Key Players Head office and Products Offered
    Table 13. Vehicle-To-Grid (V2G) Concentration Ratio (CR3, CR5 and CR10) & (2021-2023)
    Table 14. New Products and Potential Entrants
    Table 15. Mergers & Acquisitions, Expansion
    Table 16. Global Vehicle-To-Grid (V2G) Market Size by Regions 2018-2023 & ($ Millions)
    Table 17. Global Vehicle-To-Grid (V2G) Market Size Market Share by Regions (2018-2023)
    Table 18. Global Vehicle-To-Grid (V2G) Revenue by Country/Region (2018-2023) & ($ millions)
    Table 19. Global Vehicle-To-Grid (V2G) Revenue Market Share by Country/Region (2018-2023)
    Table 20. Americas Vehicle-To-Grid (V2G) Market Size by Country (2018-2023) & ($ Millions)
    Table 21. Americas Vehicle-To-Grid (V2G) Market Size Market Share by Country (2018-2023)
    Table 22. Americas Vehicle-To-Grid (V2G) Market Size by Type (2018-2023) & ($ Millions)
    Table 23. Americas Vehicle-To-Grid (V2G) Market Size Market Share by Type (2018-2023)
    Table 24. Americas Vehicle-To-Grid (V2G) Market Size by Application (2018-2023) & ($ Millions)
    Table 25. Americas Vehicle-To-Grid (V2G) Market Size Market Share by Application (2018-2023)
    Table 26. APAC Vehicle-To-Grid (V2G) Market Size by Region (2018-2023) & ($ Millions)
    Table 27. APAC Vehicle-To-Grid (V2G) Market Size Market Share by Region (2018-2023)
    Table 28. APAC Vehicle-To-Grid (V2G) Market Size by Type (2018-2023) & ($ Millions)
    Table 29. APAC Vehicle-To-Grid (V2G) Market Size Market Share by Type (2018-2023)
    Table 30. APAC Vehicle-To-Grid (V2G) Market Size by Application (2018-2023) & ($ Millions)
    Table 31. APAC Vehicle-To-Grid (V2G) Market Size Market Share by Application (2018-2023)
    Table 32. Europe Vehicle-To-Grid (V2G) Market Size by Country (2018-2023) & ($ Millions)
    Table 33. Europe Vehicle-To-Grid (V2G) Market Size Market Share by Country (2018-2023)
    Table 34. Europe Vehicle-To-Grid (V2G) Market Size by Type (2018-2023) & ($ Millions)
    Table 35. Europe Vehicle-To-Grid (V2G) Market Size Market Share by Type (2018-2023)
    Table 36. Europe Vehicle-To-Grid (V2G) Market Size by Application (2018-2023) & ($ Millions)
    Table 37. Europe Vehicle-To-Grid (V2G) Market Size Market Share by Application (2018-2023)
    Table 38. Middle East & Africa Vehicle-To-Grid (V2G) Market Size by Region (2018-2023) & ($ Millions)
    Table 39. Middle East & Africa Vehicle-To-Grid (V2G) Market Size Market Share by Region (2018-2023)
    Table 40. Middle East & Africa Vehicle-To-Grid (V2G) Market Size by Type (2018-2023) & ($ Millions)
    Table 41. Middle East & Africa Vehicle-To-Grid (V2G) Market Size Market Share by Type (2018-2023)
    Table 42. Middle East & Africa Vehicle-To-Grid (V2G) Market Size by Application (2018-2023) & ($ Millions)
    Table 43. Middle East & Africa Vehicle-To-Grid (V2G) Market Size Market Share by Application (2018-2023)
    Table 44. Key Market Drivers & Growth Opportunities of Vehicle-To-Grid (V2G)
    Table 45. Key Market Challenges & Risks of Vehicle-To-Grid (V2G)
    Table 46. Key Industry Trends of Vehicle-To-Grid (V2G)
    Table 47. Global Vehicle-To-Grid (V2G) Market Size Forecast by Regions (2024-2029) & ($ Millions)
    Table 48. Global Vehicle-To-Grid (V2G) Market Size Market Share Forecast by Regions (2024-2029)
    Table 49. Global Vehicle-To-Grid (V2G) Market Size Forecast by Type (2024-2029) & ($ Millions)
    Table 50. Global Vehicle-To-Grid (V2G) Market Size Forecast by Application (2024-2029) & ($ Millions)
    Table 51. NUVVE Details, Company Type, Vehicle-To-Grid (V2G) Area Served and Its Competitors
    Table 52. NUVVE Vehicle-To-Grid (V2G) Product Offered
    Table 53. NUVVE Vehicle-To-Grid (V2G) Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 54. NUVVE Main Business
    Table 55. NUVVE Latest Developments
    Table 56. Enel Energia Details, Company Type, Vehicle-To-Grid (V2G) Area Served and Its Competitors
    Table 57. Enel Energia Vehicle-To-Grid (V2G) Product Offered
    Table 58. Enel Energia Main Business
    Table 59. Enel Energia Vehicle-To-Grid (V2G) Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 60. Enel Energia Latest Developments
    Table 61. Moixa Details, Company Type, Vehicle-To-Grid (V2G) Area Served and Its Competitors
    Table 62. Moixa Vehicle-To-Grid (V2G) Product Offered
    Table 63. Moixa Main Business
    Table 64. Moixa Vehicle-To-Grid (V2G) Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 65. Moixa Latest Developments
    Table 66. E.ON Details, Company Type, Vehicle-To-Grid (V2G) Area Served and Its Competitors
    Table 67. E.ON Vehicle-To-Grid (V2G) Product Offered
    Table 68. E.ON Main Business
    Table 69. E.ON Vehicle-To-Grid (V2G) Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 70. E.ON Latest Developments
    Table 71. The Mobility House Details, Company Type, Vehicle-To-Grid (V2G) Area Served and Its Competitors
    Table 72. The Mobility House Vehicle-To-Grid (V2G) Product Offered
    Table 73. The Mobility House Main Business
    Table 74. The Mobility House Vehicle-To-Grid (V2G) Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 75. The Mobility House Latest Developments
    Table 76. Tennet Details, Company Type, Vehicle-To-Grid (V2G) Area Served and Its Competitors
    Table 77. Tennet Vehicle-To-Grid (V2G) Product Offered
    Table 78. Tennet Main Business
    Table 79. Tennet Vehicle-To-Grid (V2G) Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 80. Tennet Latest Developments
    Table 81. Fermata Energy Details, Company Type, Vehicle-To-Grid (V2G) Area Served and Its Competitors
    Table 82. Fermata Energy Vehicle-To-Grid (V2G) Product Offered
    Table 83. Fermata Energy Main Business
    Table 84. Fermata Energy Vehicle-To-Grid (V2G) Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 85. Fermata Energy Latest Developments
    Table 86. KEPCO Details, Company Type, Vehicle-To-Grid (V2G) Area Served and Its Competitors
    Table 87. KEPCO Vehicle-To-Grid (V2G) Product Offered
    Table 88. KEPCO Main Business
    Table 89. KEPCO Vehicle-To-Grid (V2G) Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 90. KEPCO Latest Developments
    Table 91. EDF Energy Details, Company Type, Vehicle-To-Grid (V2G) Area Served and Its Competitors
    Table 92. EDF Energy Vehicle-To-Grid (V2G) Product Offered
    Table 93. EDF Energy Main Business
    Table 94. EDF Energy Vehicle-To-Grid (V2G) Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 95. EDF Energy Latest Developments
    Table 96. Tokyo Electric Power Details, Company Type, Vehicle-To-Grid (V2G) Area Served and Its Competitors
    Table 97. Tokyo Electric Power Vehicle-To-Grid (V2G) Product Offered
    Table 98. Tokyo Electric Power Main Business
    Table 99. Tokyo Electric Power Vehicle-To-Grid (V2G) Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 100. Tokyo Electric Power Latest Developments
    Table 101. ActewAGL Details, Company Type, Vehicle-To-Grid (V2G) Area Served and Its Competitors
    Table 102. ActewAGL Vehicle-To-Grid (V2G) Product Offered
    Table 103. ActewAGL Vehicle-To-Grid (V2G) Revenue ($ million), Gross Margin and Market Share (2018-2023)
    Table 104. ActewAGL Main Business
    Table 105. ActewAGL Latest Developments
List of Figures
    Figure 1. Vehicle-To-Grid (V2G) Report Years Considered
    Figure 2. Research Objectives
    Figure 3. Research Methodology
    Figure 4. Research Process and Data Source
    Figure 5. Global Vehicle-To-Grid (V2G) Market Size Growth Rate 2018-2029 ($ Millions)
    Figure 6. Vehicle-To-Grid (V2G) Sales by Geographic Region (2018, 2022 & 2029) & ($ millions)
    Figure 7. Vehicle-To-Grid (V2G) Sales Market Share by Country/Region (2022)
    Figure 8. Vehicle-To-Grid (V2G) Sales Market Share by Country/Region (2018, 2022 & 2029)
    Figure 9. Global Vehicle-To-Grid (V2G) Market Size Market Share by Type in 2022
    Figure 10. Vehicle-To-Grid (V2G) in Battery Electric Vehicles
    Figure 11. Global Vehicle-To-Grid (V2G) Market: Battery Electric Vehicles (2018-2023) & ($ Millions)
    Figure 12. Vehicle-To-Grid (V2G) in Plug-In Hybrid Electric Vehicles
    Figure 13. Global Vehicle-To-Grid (V2G) Market: Plug-In Hybrid Electric Vehicles (2018-2023) & ($ Millions)
    Figure 14. Vehicle-To-Grid (V2G) in Fuel Cell Vehicles
    Figure 15. Global Vehicle-To-Grid (V2G) Market: Fuel Cell Vehicles (2018-2023) & ($ Millions)
    Figure 16. Global Vehicle-To-Grid (V2G) Market Size Market Share by Application in 2022
    Figure 17. Global Vehicle-To-Grid (V2G) Revenue Market Share by Player in 2022
    Figure 18. Global Vehicle-To-Grid (V2G) Market Size Market Share by Regions (2018-2023)
    Figure 19. Americas Vehicle-To-Grid (V2G) Market Size 2018-2023 ($ Millions)
    Figure 20. APAC Vehicle-To-Grid (V2G) Market Size 2018-2023 ($ Millions)
    Figure 21. Europe Vehicle-To-Grid (V2G) Market Size 2018-2023 ($ Millions)
    Figure 22. Middle East & Africa Vehicle-To-Grid (V2G) Market Size 2018-2023 ($ Millions)
    Figure 23. Americas Vehicle-To-Grid (V2G) Value Market Share by Country in 2022
    Figure 24. United States Vehicle-To-Grid (V2G) Market Size Growth 2018-2023 ($ Millions)
    Figure 25. Canada Vehicle-To-Grid (V2G) Market Size Growth 2018-2023 ($ Millions)
    Figure 26. Mexico Vehicle-To-Grid (V2G) Market Size Growth 2018-2023 ($ Millions)
    Figure 27. Brazil Vehicle-To-Grid (V2G) Market Size Growth 2018-2023 ($ Millions)
    Figure 28. APAC Vehicle-To-Grid (V2G) Market Size Market Share by Region in 2022
    Figure 29. APAC Vehicle-To-Grid (V2G) Market Size Market Share by Type in 2022
    Figure 30. APAC Vehicle-To-Grid (V2G) Market Size Market Share by Application in 2022
    Figure 31. China Vehicle-To-Grid (V2G) Market Size Growth 2018-2023 ($ Millions)
    Figure 32. Japan Vehicle-To-Grid (V2G) Market Size Growth 2018-2023 ($ Millions)
    Figure 33. Korea Vehicle-To-Grid (V2G) Market Size Growth 2018-2023 ($ Millions)
    Figure 34. Southeast Asia Vehicle-To-Grid (V2G) Market Size Growth 2018-2023 ($ Millions)
    Figure 35. India Vehicle-To-Grid (V2G) Market Size Growth 2018-2023 ($ Millions)
    Figure 36. Australia Vehicle-To-Grid (V2G) Market Size Growth 2018-2023 ($ Millions)
    Figure 37. Europe Vehicle-To-Grid (V2G) Market Size Market Share by Country in 2022
    Figure 38. Europe Vehicle-To-Grid (V2G) Market Size Market Share by Type (2018-2023)
    Figure 39. Europe Vehicle-To-Grid (V2G) Market Size Market Share by Application (2018-2023)
    Figure 40. Germany Vehicle-To-Grid (V2G) Market Size Growth 2018-2023 ($ Millions)
    Figure 41. France Vehicle-To-Grid (V2G) Market Size Growth 2018-2023 ($ Millions)
    Figure 42. UK Vehicle-To-Grid (V2G) Market Size Growth 2018-2023 ($ Millions)
    Figure 43. Italy Vehicle-To-Grid (V2G) Market Size Growth 2018-2023 ($ Millions)
    Figure 44. Russia Vehicle-To-Grid (V2G) Market Size Growth 2018-2023 ($ Millions)
    Figure 45. Middle East & Africa Vehicle-To-Grid (V2G) Market Size Market Share by Region (2018-2023)
    Figure 46. Middle East & Africa Vehicle-To-Grid (V2G) Market Size Market Share by Type (2018-2023)
    Figure 47. Middle East & Africa Vehicle-To-Grid (V2G) Market Size Market Share by Application (2018-2023)
    Figure 48. Egypt Vehicle-To-Grid (V2G) Market Size Growth 2018-2023 ($ Millions)
    Figure 49. South Africa Vehicle-To-Grid (V2G) Market Size Growth 2018-2023 ($ Millions)
    Figure 50. Israel Vehicle-To-Grid (V2G) Market Size Growth 2018-2023 ($ Millions)
    Figure 51. Turkey Vehicle-To-Grid (V2G) Market Size Growth 2018-2023 ($ Millions)
    Figure 52. GCC Country Vehicle-To-Grid (V2G) Market Size Growth 2018-2023 ($ Millions)
    Figure 53. Americas Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 54. APAC Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 55. Europe Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 56. Middle East & Africa Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 57. United States Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 58. Canada Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 59. Mexico Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 60. Brazil Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 61. China Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 62. Japan Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 63. Korea Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 64. Southeast Asia Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 65. India Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 66. Australia Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 67. Germany Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 68. France Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 69. UK Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 70. Italy Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 71. Russia Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 72. Spain Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 73. Egypt Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 74. South Africa Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 75. Israel Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 76. Turkey Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 77. GCC Countries Vehicle-To-Grid (V2G) Market Size 2024-2029 ($ Millions)
    Figure 78. Global Vehicle-To-Grid (V2G) Market Size Market Share Forecast by Type (2024-2029)
    Figure 79. Global Vehicle-To-Grid (V2G) Market Size Market Share Forecast by Application (2024-2029)

NUVVE
Enel Energia
Moixa
E.ON
The Mobility House
Tennet
Fermata Energy
KEPCO
EDF Energy
Tokyo Electric Power
ActewAGL

LP Information presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

• Primary Source
  Players/Suppliers
  Industry Experts
  Distributors/Traders
  Opinion Leaders
  Front-line Staff
  Marketing Executives

  Secondary Source
  Journals and Periodicals
  Government Bodies
  Annual Reports
  Presentations
  Paid Databases
  LPI Internal Repository

• Data Synthesis
  Information Gathering
  Collation of Data
  Estimation of Key Figures
  Analysis of Derived Insights

  Data Validation
  Triangulation with Data Models
  Reference Against Proprietary
  Databases
  Corroboration with Industry Experts

• Qualitative Analysis
  Market drivers
  Market challenges
  Market trends
  Five forces analysis

  Qualitative Analysis
  Market size and forecast
  Market segmentation
  Geographical insights
  Competitive landscape