Global Vehicle Grid Integration Technologies Market 2016-2020

Widespread electrification of the transportation sector has allowed the production of millions of EVs. These EVs have high potential to reduce greenhouse gas (GHG) emissions and other air pollutants. The process of integrating EVs with the grid to provide ancillary services to the grid is called V2G integration.

A V2G system facilitates the flow of power between a power grid and electric drive vehicles such as battery electric vehicle (BEV), plug-in hybrid electric vehicle (PHEV), or fuel cell electric vehicle. These V2G systems also provide a network that helps the owner communicate with the power grid. In addition, the V2G technology provides demand response services to the power grid, enhancing the efficiency of the system while operating heavy loads.

Integrating vehicles into the grid requires technologies such as bidirectional chargers and communication and control systems, which enable a two-way flow of power between the vehicle and the grid.

Technavios analysts forecast the global vehicle grid integration technologies market to grow at a CAGR of 33.7% during the period 2016-2020.

Covered in this report

The report covers the present scenario and the growth prospects of the global vehicle grid integration technologies market for 2016-2020. The report also presents the vendor landscape and a corresponding detailed analysis of the top four vendors operating in the market.

The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Vehicle Grid Integration Technologies Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors

AC Propulsion Inc.

Coritech Services Inc

Denso Corporation

Hitachi Ltd.

Download Sample Copy of This Report at: http://www.marketresearchreports.biz/sample/sample/685252

Other prominent vendors

Autoport

BMW

Daimler

Honda

Kisensum

Market driver

Ability to meet peak electricity demand

For a full, detailed list, view our report

Market challenge

Costs associated with V2G infrastructure

For a full, detailed list, view our report