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#global Grid-To-Vehicle (V2G) System market size
urbtnews · 7 days
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Vehicle-To-Grid (V2G) Market Size Is Likely To Reach a Valuation of Around $15.03 Billion by 2031
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Vehicle-To-Grid (V2G) Market Size Is Likely To Reach a Valuation of Around $15.03 Billion by 2031Stay Trendy with URBTNews.com (Subscribe Today Free!) The Vehicle-To-Grid (V2G) Market report provides a detailed analysis of top strategies, market trends, market size, and future growth estimates. This report serves as a valuable resource for new entrants and existing stakeholders to refine their strategies and solidify their market positions. Request sample pages now: https://www.alliedmarketresearch.com/request-sample/A08446 Key factors driving growth of the vehicle-to-grid (V2G) market include rising electric vehicle demand and government initiatives for charging infrastructure development. Growing economies such as China, India, Brazil, and South Africa provide lucrative opportunities for the electric vehicle industry's growth. Additionally, increasing investment in electric vehicle infrastructure in developing countries boosts overall market growth prospects. The report profiles key players like Nissan Motor Corporation, Wallbox, Fermata Energy, and others, offering insights into their strategies. The report details the global vehicle-to-grid market segmentation based on technology, vehicle type, charging type, components, and region. This comprehensive analysis assists market players in establishing strategies aligned with the fastest growing segments and highest revenue generation. Buy now the exclusive report: https://www.alliedmarketresearch.com/checkout-final/e7d40d7c9141edc5025f96a7a95e71f1 The vehicle-to-grid (V2G) market segments include power management, software, unidirectional charging, and bidirectional charging technologies. Battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell vehicles are categorized under vehicle types for market analysis. Based on region, Europe held the largest market share in 2021, expected to maintain its leadership during the forecast period. The region is also projected to achieve the fastest CAGR of 26.6% throughout the forecast period, highlighting robust market dynamics. Get customized reports with your requirements: https://www.alliedmarketresearch.com/request-for-customization/A08446 The report analyzes key global vehicle-to-grid market players using strategies like joint ventures, collaborations, and product launches. These strategies maximize foothold and prowess, providing insights into recent developments, portfolios, and operating segments in the industry. Interested in procuring the research report? Inquire before buying: https://www.alliedmarketresearch.com/purchase-enquiry/A08446 The unidirectional charging segment dominated the market share in 2021, expected to maintain its leadership through the forecast period. In contrast, the bidirectional segment is projected to achieve the fastest CAGR of 26.7% throughout the same period. Check out more related studies published by Allied Market Research: Electric Vehicle Motor Market - Link Solar Boat Market - Link Electric Two-Wheeler Lithium-Ion Battery Management System Market - Link Utility Vehicle Market - Link Electric Vehicle Market - Link Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility for accuracy. Read the full article
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sudeepkedar · 7 months
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Vehicle-to-Grid Technology Market Trends, Analysis & Forecast, 2032
Vehicle-to-Grid Technology Market is estimated to register a CAGR of over 50% from 2024 to 2032. The rising R&D efforts for turning V2G technology more efficient, cost-effective, and scalable will influence the industry growth. Increasing advances in battery technology and energy management systems have led to the development of more robust solutions. In recent years, the focus on scaling up V2G infrastructure to accommodate a larger number of electric vehicles (EVs) has substantially amplified. The transition of commercial V2G projects from pilot programs to broader implementation will also play a pivotal role in the market expansion.
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V2G technology market share from the fuel cell vehicles (FCVs) segment is expected to exponentially expand between 2024 and 2032. FCVs help store energy in the form of hydrogen, further potentially providing additional flexibility in energy storage for V2G systems. Hydrogen fueling stations for FCVs provide fast refueling to ensure return to the road promptly after supporting the grid, proving advantageous for vehicles engaged in V2G activities. The rise in incentives for FCV adoption along with the increased V2G participation is encouraging the development of necessary infrastructure and technologies, adding to the segment growth.
The domestic application segment is expected to record considerable share of the V2G technology industry by 2032. The growth can be attributed to the increasing penetration of vehicle-to-grid technology for the development of residential microgrids as it allows homeowners to operate independently from main grid during certain periods. The technology also offers cost savings for homeowners and better grid management by allowing EV owners to charge their vehicles during off-peak hours when electricity rates are lower and discharge energy back to the grid during peak hours. Rising usage as emergency backup power sources for homes during power outages is another important trend driving the technology application outlook.
Asia Pacific vehicle-to-grid technology industry size is anticipated to reach USD 28.7 billion by the end of 2032, propelled by the rising rate of smart grid development in the region. The growing adoption of EVs mainly in China, Japan, and South Korea is enhancing the need for V2G systems to offer improved grid stability and energy management. As per IEA (International Energy Agency), the BEV sales in China surged by 60% relative to 2021 for reaching 4.4 million while the PHEV sales almost tripled to 1.5 million in 2022. The increasing government support through supportive policies, incentives, and regulations will also prove favorable for the regional market expansion.
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Some of the prominent vehicle-to-grid technology companies include ABB Ltd, AC Propulsion, Inc, Denso Corporation, Edison International, Engie Group, Groupe Renault, Hitachi Ltd, Honda Motor Co., Ltd, Mitsubishi Motors Corporation, Nissan Motor Corporation, NRG Energy Inc, Nuvve Corporation, OVO Energy Ltd, and Toyota Shokki. These industry players are working on various collaboration-based strategies to meet the rising consumer and end-user needs whilst widening their global presence. To quote an instance, in December 2022, Toyota disclosed its new partnership with Texas-based distribution electric utility frontrunner Oncor Electric Delivery for exploring the benefits of V2G EV technology for drivers and the grid.
Partial chapters of report table of contents (TOC):
Chapter 1   Methodology & Scope
1.1    Market scope & definition
1.2    Base estimates & calculations
1.3    Forecast calculation
1.4    Data sources
1.4.1    Primary
1.4.2    Secondary
1.4.2.1    Paid vehicle types
1.4.2.2    Public vehicle types
Chapter 2   Executive Summary
2.1    Vehicle-to-Grid (V2G) technology market 3600 synopsis, 2018 - 2032
2.2    Business trends
2.2.1    Total Addressable Market (TAM), 2024-2032
2.3    Regional trends
2.4    Component trends
2.5    Charging type trends
2.6    Vehicle type trends
2.7    Application trends
Chapter 3   Vehicle-to-Grid (V2G) Technology Industry Insights
3.1    Industry ecosystem analysis
3.2    Supplier landscape
3.2.1    Charging infrastructure providers
3.2.2    Grid operators
3.2.3    V2G service providers
3.2.4    Technology providers
3.2.5    End users
3.3    Profit margin analysis
3.4    Technology innovation landscape
3.5    Patent analysis
3.6    Key news and initiatives
3.7    Regulatory landscape
3.8    Impact forces
3.8.1    Growth drivers
3.8.1.1   Supportive government regulations and financial incentives for V2 G deployment
3.8.1.2    Growing adoption of electric vehicles across the globe
3.8.1.3    Rising urbanization and industrialization
3.8.1.4   Ongoing technological advancements in V2 G technology
3.8.2    Industry pitfalls & challenges
3.8.2.1    High cost associated with upgrading existing charging infrastructure
3.8.2.2    Lack of standardized charging infrastructure
3.9    Growth potential analysis
3.10    Porter's analysis
3.11    PESTEL analysis
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futuretonext · 1 year
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The Global Vehicle-To-Grid (V2G) System Market is estimated to grow at a CAGR of around 24.52% during the forecast period, i.e., 2023-28. The market growth imputes to the increasing electric vehicles production, rising governmental efforts to establish EV charging networks, expanding requirements for smart grid systems, the flourishing utilization of renewable energy sources, etc. Governments across the globe such as India, the Netherlands, China, the USA, the UK, etc., are increasingly introducing several initiatives such as incentives, subsidies, and tax credits, for the massive development of EV charging infrastructures in recent years.
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Vehicle to Grid Technology Market : Opportunities for Investment and Mergers & Acquisitions
The global Vehicle to Grid (V2G) technology market size is expected to reach USD 20.82 Billion in 2032 and register a steady revenue CAGR of 25.3% during the forecast period, according to latest analysis by Emergen Research. Rising demand for Electric Vehicles (EVs) is a key factor driving market revenue growth. V2G is a system that allows various types of electric cars, such as Battery Electric…
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kritikapatil · 2 years
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Vehicle Grid Technology Market Is Likely to Experience a Tremendous Growth in Near Future
The Latest Released market study on Global Vehicle Grid Technology market provides information and useful stats on market structure, size and trends. The report is intended to provide cutting-edge market intelligence and strategic insights to help decision makers take sound investment decisions and identify potential gaps and growth opportunities. Besides, the report also identifies and analyses changing dynamics, emerging trends along with essential drivers, challenges, opportunities and restraints in Vehicle Grid Technology market. What’s keeping
Honda Motor Co.Ltd (Japan)
Nissan Motor Corporation (Japan)
Mitsubishi Motors Corporation (Japan)
NUVVE Corporation (United States)
ENGIE Group (France)
AC Propulsion (United States)
Groupe Renault (France)
Edison International (United States)
DENSO Co (Japan)
Boulder Electric Vehicle (United States)]
Keep Growing in the Market? Benchmark yourself with the strategic moves and latest Market Share and Sizing of Global Vehicle Grid Technology market recently published by AMA Vehicle-to-grid technology involves drawing unused power from the car into the smart grid. V2G, which is also known as vehicle-grid integration can help the energy grid supply electricity during peak hours. It can also create an extra power source when weather dependent renewable energy sources are not available This type of technology can use meet clean energy goals such as targeting zero-carbon emission by  It can also provide an added benefit to consumers by potentially lowering the cost of electric vehicle ownership. An owner can sell back surplus power from their vehicle in order to offset other costs.
The Vehicle Grid Technology Market segments and Market Data Break Down by Application (Backup power, Peak load leveling), Vehicle (Battery Electric Vehicles, Plug-in Hybrid Electric Vehicles, Fuel Cell Vehicles), Component (Electric network, Digital control appliance, Intelligent monitoring system), Battery (Unidirectional V2G or V1G, Bidirectional local V2G, Bidirectional V2G)
On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa. What’s Trending in Market: Development Of Smart Grids For Electricity And Load Management Market Challenges: Fierce Competitive Pressure
Market Opportunities: Government Supportive Favors To Electric Vehicle Highlights of Influencing Drivers: Rising Usages Of Electric Vehicles In Develop City Presented By
AMA Research & Media LLP
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researchvishal · 2 years
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EV Transmission System Market : Overview, Data Updates, Reports Analysis & Forecast | FMI
The global EV transmission system market is projected to register at a moderate-paced CAGR of 17.8% over the forecast period. The EV transmission system market is currently valued at US$ 8799.9 Mn in 2023. By 2033, demand for EV transmission systems is expected to reach US$ 45282.3 Mn.
The EV transmission industry is expanding due to several factors, including the increasing popularity of EVs and the growing demand for clean automobiles. The EV transmission system market is also expected to benefit from government programs that encourage the purchase of electric vehicles. However, the expensive price of EVs is slowing the expansion of the sales of the EV transmission system. In addition, developments in EV technology and the deployment of Vehicle-To-Grid (V2g) EV charging stations are anticipated to create
Due to their lighter weight and smaller size, these engines generate fewer harmful emissions. These downsized small engines are multifaceted due to their compact and cost-effective design. As a result, major players in the EV transmission industry have a lot of room to grow owing to the advancement of transmission system technology for EVs.
Key Takeaways
In 2023, the European region will account for 46% of all revenue.
Over the period from 2023 to 2033, the demand for battery EVs is projected to exceed US$ 20,000 Mn.
In terms of total revenue, the AT transmission system segment is expected to account for almost 55% by 2023.
In 2023, vehicles made up 61% of the revenue pie by type of vehicle.
It is projected that the offline EV transmission system market would expand at a CAGR of 22.39% between 2023 and 2033.
For more Information: https://www.futuremarketinsights.com/reports/ev-transmission-system-market
Competitive Landscape
Leading companies in this industry include Dana Limited, ZF Friedrichshafen AG, AVL List GmbH, Continental AG, and Eaton. Most of these businesses are investing in expanding production to reduce emissions from cars and the auto industry.
Continental AG has started mass production of its electric powertrains in China, and it is already being used by both European and Chinese Original Equipment Manufacturers (OEMs). To further illustrate the quick shift in focus towards electrification in response to stricter emission laws, the company has ceased investing in components used in Internal Combustion (IC) engines. The major competitors in the EV transmission system market are investing heavily in R&D to create game-changing electric vehicle technology, which is projected to drive market growth.
Key Segments in the EV Transmission System Market
Vehicle Type:
Battery Electric Vehicle
Plug-in Hybrid Electric Vehicle
Hybrid Electric Vehicle
Transmission Type:
Single Speed
Multi-Speed
Transmission System:
AMT Transmission,
CVT Transmission,
AT Transmission
Others
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Global Grid-To-Vehicle (V2G) System Market - Industry Analysis- Size, Share, Trends, Demand, Overview, Forecast to 2024
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Global Grid-To-Vehicle (V2G) System market 2019 report ease decision making on the grounds of historical and forecast data and also the drivers and restraints available on the industry. Even the report covers market traits, Grid-To-Vehicle (V2G) System growth and size, segmentation, regional and country breakdowns, competitive landscape, market shares, trends, and approaches for the market.
Scope of this Report:
The Grid-To-Vehicle (V2G) System market report primarily concentrates on the industry in the global sector. What's more, the report highlights local advice gradually country-level test for leading players in addition to beginners of this Grid-To-Vehicle (V2G) System market to expand their particular opinion. The analysis sheds lights to the test of price, supply chain, material specifications, and in addition to growth and constraining facets in the Grid-To-Vehicle (V2G) System industry. To deliver a thorough outlook to prospective investors, business leaders, and subscribers it defines a few diverse elements analyzed through Grid-To-Vehicle (V2G) System feasibility analysis and SWOT analysis.
Global Grid-To-Vehicle (V2G) System Market Players:
NRG Energy, EV Grid, AC Propulsion, Ford Technology, Corinex, Pacific Gas and Electric Company, Coritech Services, NextEnergy, Boulder Electric Vehicle, Honda, Enerdel
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Report Coverage:
Global Grid-To-Vehicle (V2G) System Market report offers a comprehensive analysis of this market with the assistance of up to date economy chances, outline, perspective, challenges, and trends and market tendencies, size, and growth, competitive analysis, leading competitions;
The report admits the industry players vital drivers of challenges and Grid-To-Vehicle (V2G) System growth evaluates the effect of constraints and the opportunities available on the industry;
Uncovers demands on the global Grid-To-Vehicle (V2G) System industry;
The report provides a comprehensive analysis of shifting Grid-To-Vehicle (V2G) System Market competitive dynamic;
Includes info on the current Grid-To-Vehicle (V2G) System market size and the near-future potential of this market;
Together with global Grid-To-Vehicle (V2G) System market investigation, also gets invaluable info regarding the generation and its market share, revenue, cost and gross-margin, supply, consumption, export, export quantity and worth such as following areas: North America, Europe, China, Japan, The Middle East & Africa, India, South America, Others
Request Customized Report at: https://futuristicreports.com/report/customize-request/1445
Focused Product Type:
Electric Vehicles
Technology
Infrastructure
By Application:
Application 1
Application 2
Application 3
Application 4
Application 5
The Grid-To-Vehicle (V2G) System report involves an all-embracing perspective using a comprehensive analysis of this market. It also enlists top-most Companies together with their SWOT analysis and investigation. The investigation study contains the global Grid-To-Vehicle (V2G) System industry analysis on the grounds of product category, capability, end-use manufacturing, as well as regions. Market predictions and volume for various segments of this Grid-To-Vehicle (V2G) System market are emphasized at the regional and global levels.
Key Questions Answered in this Report:
1. What is the Grid-To-Vehicle (V2G) System industry growth pace of the economy in 2025?
2. Which would be the Grid-To-Vehicle (V2G) System important elements driving?
3. What would be the essential Grid-To-Vehicle (V2G) System for manufacturing companies?
4. Which would be the Grid-To-Vehicle (V2G) System market opportunities, restraints and market review?
5. Which are earnings, revenue, and price analysis by Grid-To-Vehicle (V2G) System types and applications?
6. Which are Grid-To-Vehicle (V2G) System earnings, revenue, and price analysis through regions? Hence the global Grid-To-Vehicle (V2G) System market report offers a comprehensive analysis covering every one of the significant regions, competitions, and lively facets of the vital industry.
Enquire more at https://futuristicreports.com/report/send-an-enquiry/1445
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We believe growth is the fundamental aim of any company, which makes businesses imperative to stay ahead of the market curve, abreast of expansions. Targeting different industries challenges, we help our clients, from various companies globally, and reach their development targets together with our market intelligence and consulting solutions. Futuristic Reports rely on delivering strategic patterns of succeeding that help our client’s success by experiencing market knowledge that inspires strategies.
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wemresearch · 2 years
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On-Board Battery Charger Market Analysis, Key Company Profiles, Types, Applications and Forecast to 2030
The global on-board battery charger was worth USD 4.05 billion in 2020 and is poised to register a CAGR of 17.2% over 2022-2030, thereby amassing a valuation of USD 19.80 billion by end of the stipulated timeline.
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In an electric vehicle (EV), hybrid electric vehicle (HEV), or plug-in hybrid car, the traction battery is charged using an on-board charger (OBC). The on-board charging system found in electric vehicles transforms the grid's AC input into a DC input, which then continues to charge the battery. The on-board charger's (OBC) electronic components give users the option of recharging their batteries from AC mains outlets at home or in public or private charging stations.
The market for electric vehicle on-board chargers is being propelled by rising government initiatives to build the infrastructure for charging electric vehicles and its related parts, as well as rising electric vehicle penetration. The lack of EV charging standards and the rising number of fast DC charger installations, however, are limiting the market's expansion. Moreover, the creation of a two-way on-board charger (V2G).
Global on-board battery charger market- Segmental Analysis
By Current Type
AC
DC
By Power Output
Less than 11 kW
11 kW to 22 kW
More than 22 kW
By Vehicle Type
Passenger Car
Buses
Vans
Medium & Heavy Duty Vehicles
Boats
Others
By Propulsion Type
Battery Electric Vehicle (BEV)
Plug-in Hybrid Electric Vehicle (PHEV)
By Sales Channel
OEM
Aftermarket
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Top Key Players:-
Delta Energy Systems
STMicroelectronics
Toyota Industries Corporation
Eaton
Stercom Power Solutions GmbH
innolectric AG
BRUSA Elektronik AG
AVID Technology Limited
Ficosa Internacional SA
Xepics Italia SRL
Delphi Technologies
AVID Technology Limited
Mitsubishi Electric Corporation
Silicon Laboratories
VisIC Techologies Ltd
Analog Devices, Inc
Infineon Technologies AG
NXP Semiconductors N.V
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Frequently Asked Questions (FAQ):
Q1. What are the new competitive developments in EV on board charger market?
Q2. What is the market size, share of EV on board charger?
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Q4. Who are the potential customers of EV on board charger market?
Q5. Which are the leading players in EV on board charger?
Q6. How can I get company profiles on top ten players of EV on board charger market?
Q7. Which region is and will provide more business opportunities for EV on board chargers in future?
Q8. Who are the service providers of EV on board charger industry?
Q9. What are the key growth strategies of EV on board charger industry players?
Q10. What is the installation cost of EV on board chargers?
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Our strategic market analysis and capability to comprehend deep cultural, conceptual and social aspects of various tangled markets has helped us make a mark for ourselves in the industry. WE MARKET RESEARCH is a frontrunner in helping numerous companies; both regional and international to successfully achieve their business goals based on our in-depth market analysis. Moreover, we are also capable of devising market strategies that ensure guaranteed customer bases for our clients.
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marketresearchideas · 2 years
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kings-research · 3 years
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Battery Electric Vehicles vs Conventional Vehicles: What's Best For You?
10 Million! Yes, you read that right. This was the number of battery electric vehicles being driven on road in 2020 as per the International Energy Agency. This number not only indicates the development of BEVs but also its expansion worldwide.
Recently, prominent car manufacturers have expressed their wish to only manufacture EVs such as Jaguar by 2025, Lotus by 2028 and Volvo by 2030. The evolving trends of EVs are getting huge support in prominent markets such as the US and UK. Herein there is already nationwide infrastructure to support this transformation.
Several reasons for this rapid development of BEVs include:
Emissions
According to Story maps, the overall internal combustion vehicles emit 1.2-1.6 times more carbon than Battery Electric Vehicles. This is a major factor for a steady shift towards Electric Vehicles.
Even if we consider the emissions created by manufacturing of lithium-ion batteries for EVs, the one-time production emits around 1.43 times more carbon than internal combustion engines. But, the very distinction between them gives EVs a one up on the conventional vehicles.
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Cost
EVs are gaining popularity in the US and UK rapidly. Why? They are eco-friendly, run on electricity, and… they get subsidies by the government. Yes, in several countries, the EV is yet to get subsidized but looking at the benefits of these cars, governments are being lenient on taxes.
Also, the fewer number of moving parts in the electric cars significantly lower the cost of maintenance compared to the conventional ones. Therefore, the overall cost conventional cars accrue throughout its lifespan is resulting in rising adoption of EVs.
Fuelling up
Several regions have started establishing public charging stations. This allows the users to not only charge their vehicles on the go but also avoid long queues and waiting time at dealerships.
The development of a dense electric charging network for EVs is essential to its rapid adoption. The use of queuing systems and maybe private charging stations in the future is expected to be a propelling factor for this market.
Technological Innovation
The conventional cars had near static technological advancement or innovation in the past decade. As EVs are fuelled by electric power, these cars on the other hand are experiencing rapid technological advancements.
For example, several EV charging remotes are now smart, which means these smart remotes inform their user of price drops and allow cost-efficient charging! It also allows the user options for renewable energy, low emissions, or lower tariffs.
Unique Benefits
The EV has a unique characteristic wherein, the cars can give back energy to the Grid. The concept is known as vehicle to grid (V2G) where under peak energy demand, the vehicles can give back to the grid.
This option is yet to be widely used, but this allows the user to earn money and also use the unused energy in their car batteries.
Research Intelligence Offered By Kings Research
Projections for the global battery electric vehicle market during the forecast period. The electric vehicle revolution has already begun and is gaining speed as we speak. So, what about the battery packs that are the lifeline to this movement?
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urbtnews · 8 days
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Vehicle-To-Grid (V2G) Market Size Is Likely To Reach a Valuation of Around $15.03 Billion by 2031
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Vehicle-To-Grid (V2G) Market Size Is Likely To Reach a Valuation of Around $15.03 Billion by 2031Stay Trendy with URBTNews.com (Subscribe Today Free!) The Vehicle-To-Grid (V2G) Market report provides a detailed analysis of top strategies, market trends, market size, and future growth estimates. This report serves as a valuable resource for new entrants and existing stakeholders to refine their strategies and solidify their market positions. Request sample pages now: https://www.alliedmarketresearch.com/request-sample/A08446 Key factors driving growth of the vehicle-to-grid (V2G) market include rising electric vehicle demand and government initiatives for charging infrastructure development. Growing economies such as China, India, Brazil, and South Africa provide lucrative opportunities for the electric vehicle industry's growth. Additionally, increasing investment in electric vehicle infrastructure in developing countries boosts overall market growth prospects. The report profiles key players like Nissan Motor Corporation, Wallbox, Fermata Energy, and others, offering insights into their strategies. The report details the global vehicle-to-grid market segmentation based on technology, vehicle type, charging type, components, and region. This comprehensive analysis assists market players in establishing strategies aligned with the fastest growing segments and highest revenue generation. Buy now the exclusive report: https://www.alliedmarketresearch.com/checkout-final/e7d40d7c9141edc5025f96a7a95e71f1 The vehicle-to-grid (V2G) market segments include power management, software, unidirectional charging, and bidirectional charging technologies. Battery electric vehicles, plug-in hybrid electric vehicles, and fuel cell vehicles are categorized under vehicle types for market analysis. Based on region, Europe held the largest market share in 2021, expected to maintain its leadership during the forecast period. The region is also projected to achieve the fastest CAGR of 26.6% throughout the forecast period, highlighting robust market dynamics. Get customized reports with your requirements: https://www.alliedmarketresearch.com/request-for-customization/A08446 The report analyzes key global vehicle-to-grid market players using strategies like joint ventures, collaborations, and product launches. These strategies maximize foothold and prowess, providing insights into recent developments, portfolios, and operating segments in the industry. Interested in procuring the research report? Inquire before buying: https://www.alliedmarketresearch.com/purchase-enquiry/A08446 The unidirectional charging segment dominated the market share in 2021, expected to maintain its leadership through the forecast period. In contrast, the bidirectional segment is projected to achieve the fastest CAGR of 26.7% throughout the same period. Check out more related studies published by Allied Market Research: Electric Vehicle Motor Market - Link Solar Boat Market - Link Electric Two-Wheeler Lithium-Ion Battery Management System Market - Link Utility Vehicle Market - Link Electric Vehicle Market - Link Legal Disclaimer: EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility for accuracy. Read the full article
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adityarana1687-blog · 3 years
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Electric Vehicle Communication Controller Market Is Expected To Grow Swiftly By 2026
The global electric vehicle communication controller (EVCC) market size is expected to reach USD 436.5 million by 2026, registering a CAGR of 32.5% from 2020 to 2026, according to a new report by Grand View Research, Inc. The market is driven by increasing adoption of electric vehicles (EV) and advancements in charging solutions. Prominent companies in the market, including Tesla, Inc. and LG INNOTEK, are focusing on development of advanced charging technology. Furthermore, rising demand for fast charging technology is fueling market growth.
On-going developments in wireless charging technology for EVs and associated safety concerns are significantly contributing to the growing demand for EVCC. Various Original Equipment Manufacturers (OEMs) and automotive manufacturers have established partnerships for the development of EVCC and incorporating EVCC in wireless charging technology. For instance, Enide, AB Volvo, Continental AG, and HELLA GmbH & Co. KGaA have collaborated on the UNPLUGGED project aimed at development of wireless charging technology. Rise in the number of EVs is fueling the demand for Vehicle-to-Grid (V2G) technology, through which the automobiles can recharge their battery and simultaneously send back electric energy into the grid, when there is a surge in demand. Increasing adoption of EVCC in the development of V2G technology is accelerating market growth.
Governments in countries such as U.S., China, and Germany are collaborating with various academic institutions such as Sandia National Laboratories and the University of Delaware for the development of V2G technology. Furthermore, the growing Public-Private Partnerships for the development of EVCC are expected to propel the market. In May 2012, the University of Delaware, Exelon Corporation, various OMEs, and the U.S. government established the Mid-Atlantic Grid Interactive Car Consortium (MAGICC) that focused on the development of EVCC for V2G. The MAGICC project was funded USD 200,000 by the Delaware Green Energy fund, USD 250,000 by Exelon Corporation, and USD 150,000 from Google LLC for R&D.
To request a sample copy or view summary of this report, click the link below: www.grandviewresearch.com/industry-analysis/electric-vehicle-communication-controller-evcc-market
Further key findings from the report suggest:
The Supply Equipment Communication Controller (SECC) communication controller segment is expected to grow significantly owing to rising need for safety while ensuring fast charging
The wireless charging technology segment is anticipated to register the highest CAGR over the forecast period owing to numerous benefits offered, such as full autonomy and convenience for EV passengers
The Battery Electric Vehicle (BEV) segment is anticipated to grow significantly over the next few years owing to growing initiatives by OEMs toward the development of EVCC for charging stations in cities
The commercial segment is expected to grow remarkably over the forecast period owing to rise in the adoption of EVCC in the fleet of logistic and public transport agencies
The Asia Pacific market is expected to grow significantly over the forecast period owing to increasing national standards for EV charging interfaces and communications protocols set by the National Energy Administration, China
Key players in the electric vehicle communication controller market are ABB, Ltd.; BYD Auto; Efacec; Ficosa; LG INNOTEK; Mitsubishi Electric; Robert Bosch LLC; Schneider Electric; Tesla, Inc.; and Vector.
Grand View Research has segmented the electric vehicle communication controller market based on system, charging type, electric vehicle type, application, and region:
EVCC System Outlook (Revenue, USD Thousand, 2015 - 2026)
Vehicle Based Communication Controller
Supply Equipment Communication Controller (SECC)
EVCC Charging Type Outlook (Revenue, USD Thousand, 2015 - 2026)
Wired Charging
Wireless Charging
EVCC Electric Vehicle Type Outlook (Revenue, USD Thousand, 2015 - 2026)
Battery Electric Vehicle (BEV)
Plug-In Hybrid Electric Vehicle (PHEV)
EVCC Application Outlook (Revenue, USD Thousand, 2015 - 2026)
Passenger Vehicle
Commercial Vehicle
EVCC Regional Outlook (Revenue, USD Thousand, 2015 - 2026)
North America
Europe
Asia Pacific
Latin America
Middle East & Africa (MEA)
U.S.
Canada
Netherlands
U.K.
France
Norway
Germany
China
Japan
South Korea
Brazil
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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kritikapatil · 2 years
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Global Electric Vehicle Charging Stations Market Growing Popularity and Emerging Trends in the Industry
The Latest Released market study on Global Electric Vehicle Charging Stations market provides information and useful stats on market structure, size and trends. The report is intended to provide cutting-edge market intelligence and strategic insights to help decision makers take sound investment decisions and identify potential gaps and growth opportunities. Besides, the report also identifies and analyses changing dynamics, emerging trends along with essential drivers, challenges, opportunities and restraints in Electric Vehicle Charging Stations market. What’s keeping Tesla, Inc. (United States)
Robert Bosch GmbH (Germany)
ABB Ltd. (Switzerland)
Siemens AG (Germany)
BYD Auto Co., Ltd. (China)
Yazaki Corporation (Japan)
Schneider Electric SE (France)
EFACEC Power Solutions (Portugal)
Engie (France)
Mitsubishi Electric Corporation (Japan)
Leviton Manufacturing Co., Inc. (United States)
ChargePoint, Inc. (United States)
Eaton Corporation Inc (Ireland)
General Electric Company (United States)
 Keep Growing in the Market? Benchmark yourself with the strategic moves and latest Market Share and Sizing of Global Electric Vehicle Charging Stations market recently published by AMA Electric Vehicle Charging Stations is also named as EV charging station, electric recharging point, charging point, charge point, electronic charging station (ECS), and electric vehicle supply equipment (EVSE). These stations are used to supply electric energy for the recharging of plug-in electric vehicles. The EV charging stations consist of electric motors powered by electrical energy stored in a battery for propulsion. These stations provides a special connectors that provides to the variety of standards and ranges as well as capabilities. The increasing attractiveness of EVs for consumers, businesses and government agencies has increased the demand for EV charging stations.
The Electric Vehicle Charging Stations Market segments and Market Data Break Down by Type (AC Charging Station, DC Charging Station), Application (Public, Private), Electric Bus Charging Type (Off-Board Top-Down Pantograph, On-Board Bottom-Up Pantograph, Charging Via Connector), Charging Infrastructure Type (Combined Charging System (CCS), CHAdeMO, Normal Charge, Tesla Supercharger, Type 2 (IEC 62196)), Installation Type (Portable, Fixed), Charging Station Type (Normal Charging, Super Charging, Inductive Charging), Charging Level (Level 1, Level 2, Level 3)
On the geographical front, the market has been segregated into North America (the United States and Canada), Europe (Germany, France, the United Kingdom, Italy, Spain, Russia and others), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia and others), Latin America (Brazil, Mexico and others), and Middle East and Africa. What’s Trending in Market: Technological Advances in Electric Vehicles Charging Market Challenges: High Initial Cost of EVs in Comparison With Ice Vehicles Market Opportunities: Use of Vehicle-To-Grid (V2G) Electric Vehicle Charging Stations for Electric Vehicles
Electric Vehicle Charging Stations Powered By Renewable Sources
Declining Lithium-Ion Battery Costs Highlights of Influencing Drivers: Increasing Investments from Automotive Manufacturers
Government Policies and Subsidies
Growing Environment Pollution Concern
Demand for Increasing Vehicle Range Per Charge
Presented By
AMA Research & Media LLP
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sandlerresearch · 3 years
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EV Charging Cables Market by Power Supply (AC and DC), Application (Private Charging and Public Charging), Length (2-5 Meters, 6-10 Meters, and >10 Meters), Shape (Straight and Coiled), Mode, Charging Level, and Region - Global Forecast to 2027 published on
https://www.sandlerresearch.org/ev-charging-cables-market-by-power-supply-ac-and-dc-application-private-charging-and-public-charging-length-2-5-meters-6-10-meters-and-10-meters-shape-straight-and-coiled-mode-charging.html
EV Charging Cables Market by Power Supply (AC and DC), Application (Private Charging and Public Charging), Length (2-5 Meters, 6-10 Meters, and >10 Meters), Shape (Straight and Coiled), Mode, Charging Level, and Region - Global Forecast to 2027
“Increasing adoption of electric vehicles and increased demand for fast charging stations are anticipated to trigger the growth of the EV charging cables market.”
The global EV charging cables market is projected to grow at a CAGR of 39.5%, to reach USD 3,173 million by 2027 from an estimated USD 431 million in 2021. Factors such as increasing adoption of electric vehicles, rapid development of electric vehicle supply equipment, and increasing demand for fast charging cables would drive the growth of the market. On the other hand, high operational cost associated with high power charging can negatively impact the market. High power charging cables require high power from the grid, which adds to the cost of production, installation, and components in a charging station.
EV charging cables must carry an optimum amount of power to charge the vehicle in the least possible time. High power charging (HPC) cables help electric vehicles cover significantly longer distances with reduced charging time as compared to normal charging cables. Thus, leading manufacturers of EV charging cables have introduced high-power charging cables that can carry current up to 500 amperes. These charging cables and connectors are equipped with a liquid-cooling system to dissipate heat and avoid overheating cables and connectors. In addition, a dedicated controller is used to monitor the temperature and regulate the flow of the coolant. A mixture of water-glycol is widely used as a coolant as it is environment-friendly and easy to maintain
With a significant increase in the adoption of electric vehicles, the demand for DC fast charging cables is expected to rise in the future. Thus, key market players have introduced EV charging cables that take less time to charge the vehicle. New and innovative trends such as EV charging cables with visual monitoring have enhanced safety in the charging process. In April 2019, Leoni AG showcased a special High-Power Charging cable for liquid-cooled charging systems that ensure temperatures in the cable and connector do not exceed a defined level. An optional status-indicating illumination function shows the charging status and condition by changing the color of the cable jacket.
“Mode 1 & 2 segment is the estimated to be the largest market during the forecast period.”
The mode 1 & 2 segment is expected to lead the market during the forecast period. The majority of the OEMs are providing charging cables with their electric vehicles, and the cost of mode 1 & 2 charging cables is significantly less than mode 2 and mode 3. The mode 4 segment is expected to grow at the highest CAGR during the forecast period due to the increasing demand for DC fast chargers across the world.
“Straight cable is expected to dominate the EV charging cables market.”
Straight cables are generally used when multiple charging stations are situated within a short distance. As most of the charging stations are equipped with Type 1 (J1772) connectors, straight cables are commonly used for electric vehicle charging. These cables are easy to handle and involve less manufacturing cost as compared to coiled cables. In addition, these cables spread on the ground and, hence, do not suspend weight on either side of the sockets.
“>10 meters is expected to be the fastest-growing market during the forecast period.”
Growing EV sales and the limited number of charging stations will drive the demand for charging cables to charge multiple vehicles at a single charging station and at the same time. Charging cables with a length above 10 meters have a limited application. These cables are installed if there is the distance between the charging station and the vehicle is long. They can be used in specialized parking lots and for V2G direct operations. Long cables help reduce installation costs and allow the station to be installed closer to the service panel. Asia Pacific is expected to be the largest and fastest-growing market for EV charging cables with a length of above 10 meters due to a rapid increase in the number of electric vehicles
In-depth interviews were conducted with CEOs, marketing directors, innovation and technology directors, and executives from various key organizations operating in the market.
By Company Type:Tier I – 59%, Tier II – 7%, and OEMs – 34%
By Designation: C Level – 26%, Directors – 43%, and Others – 31%
By Region: Asia Pacific – 35%, Europe – 39%, North America – 26%
The market comprises major manufacturers such as Leoni AG (Germany), TE Connectivity (Switzerland), BESEN Group (China), Aptiv (Ireland), Phoenix Contact (Germany), and Coroplast (Germany). The study includes an in-depth competitive analysis of these key players in the market with their company profiles, recent developments, and key market strategies.
Research Coverage:
The study covers the EV charging cables market across segments. It aims at estimating the market size and future growth potential of this market across different segments such as application, charging level, length, shape, mode, power supply, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key Benefits of Buying the Report:
The report will help market leaders/new entrants in this market with information on the closest approximations of revenue numbers for the overall EV charging cables market and its sub segments.
This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies.
The report also helps stakeholders understand the pulse of the market and provides them information on key market drivers, restraints, challenges, and opportunities.
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daisyri-me · 4 years
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Automotive Vehicle-to-Everything (V2X) Market Report – Global Industry Analysis, Trends, Market Size and Forecasts up to 2025
Industry Trends
Market size of global Automotive Vehicle-to-everything was USD 2.83 billion and it is expected to grow considering the feature like automobile safety and superior traffic management. The industry is moving towards sustainable growth. Vehicular communication system incorporates more specific type of communication such as V2I, V2V, V2P, V2D, and V2G. The convenience aspect of vehicles has increased due to safety features and communication technology. The consumer demands for safety has increased and it act as driver for this industry’s market growth.
Technological advancement has lead to driverless and automatic cars which is still under research stage and its commercialization is expected soon. Driverless transportability can be achieved with the help of V2X communication technologies. V2X is all about communicating with automobiles which will have potential threat like hacking and manipulation. Security feature thus become a important factor for growth of this market. This technology is based on WLAN and it works between vehicles within each other’s range. Key aspect for implementing these technologies will be a definite framework for its integration.
Rise in disposable income of people of various economies can be one driver for growth of automotive industry. India and china has seen a significant increase in sale of automobile in recent years. Traffic congestion have arise due to increase in n umber of passenger vehicle that also have lead to issues such as fuel consumption, emission and air pollution. These restraints for diesel engine can act as drivers for automotive V2X market
Communication Type Insights
Safety features like Adaptive cruise control, lane change assist and blind spot are covered in automotive V2X communication. Real time traffic and incident alert are other parameters for increasing public safety.
This feature will become mandatory in future looking at strictness in safety regulations. V2X is expected to dominate market in upcoming period. By combining V2I and V2N communication we can solve traffic problem and emission issues. Facilities such as e-parking and automated toll payment will also observe a convincing growth.
Get Exclusive Free Sample Copy Of This Report @ https://www.millioninsights.com/industry-reports/automotive-vehicle-to-everything-v2x-market/request-sample
Connectivity Type Insights
At present Dedicated short range connectivity (DSRC) is used in cars. The cost benefit of DSRC over cellular connectivity will drive this market. Ease of implementation on other hand will create opportunities for automotive market. Benefits can be decrease in number of accidents by providing real-time information to drivers with the help of sensor and connectivity.
Cellular connectivity can be used for covering large area but it has some limitations. It will require more time for deployment for covering considerable range. The hardware required in V2X technology is expensive. The V2X technology considering above points still have strong growth potential in near future. Synchronized real time data will be important factor of this segment.
Vehicle Type Insights
Passenger car in this segment is predicted to dominate market as it did in 2015. Despite this the demand for commercial vehicle is high than passenger car. Boom in construction sector have increased commercial vehicle sale by approx. 6% from 2015 to 2016. Asia pacific has emerged a hub for automotive production.
The need for safety in Commercial vehicle is high due to more travel time that will drive the automotive V2X market. The growth rate will be 30% in this segment over the forecasted period.
Regional Insights
It is estimated that North America will have largest market share in automotive V2X market. Canada and U.S. in this region will adopt technology with ease due to its infrastructure and technological advancement. This region has approx. 26% of population of world running on road. High rate of greenhouse emission and traffic congestion are serious issues in this region. The implementation of V2X system will act as solution to these problems acting as important driver for growth of this market.
The automotive industry in Europe is governed by rigorous safety and emission norms. Features such as cruise control, blind spot detection and lane assist uses V2V communication and will enable growth of automotive V2X market in future.
Competitive Insights
At present the companies that have made great technological advancement dominate the market. Strong global presence and diversified product portfolio are two factor to hold their market share in automotive V2X industry. Delphi Automotive PLC (U.k), Continental AG of Germany, Qualcomm Inc of U.S, Cisco Systems are some major players in market among others. Different vendors offer different products and services. Mergers and acquisition will help them to cover large market share. In 2016, SAIC motors have signed an agreement with Savari Inc to manufacture and distribute V2X solution in China and ASEAN countries.
Market Segment:
Automotive V2X Communication Type Outlook (Revenue, USD Million; 2014 - 2025)     • Vehicle-To-Vehicle (V2V)     • Vehicle-To-Infrastructure (V2I)     • Vehicle-To-Pedestrian (V2P)     • Vehicle-To-Home (V2H)     • Vehicle-To-Grid (V2G)     • Vehicle-To-Network (V2N)
Browse Full Report With TOC @ https://www.millioninsights.com/industry-reports/automotive-vehicle-to-everything-v2x-market
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blogwiseguy123world · 4 years
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Global Vehicle-to-everything (V2X) Communication Technology Market Analysis, Historic Data and forecast 2019-2025
Summary – A new market study, titled "Global Vehicle-to-everything (V2X) Communication Technology Market Size, Status and Forecast 2019-2025" has been featured on WiseGuyReports.
The benefits of V2I communication such as decrease in number of accident by notifying the drivers about the information obtained through the communications between the vehicles and sensors installed on the road and efficient traffic management are the major factors expected to drive the automotive V2I market.
The passenger vehicles segment is expected to hold the largest market and is also expected to grow at the highest rate owing to the fact that there are many passenger vehicle companies.
In 2018, the global Vehicle-to-everything (V2X) Communication Technology market size was xx million US$ and it is expected to reach xx million US$ by the end of 2025, with a CAGR of xx% during 2019-2025.
Also read – https://icrowdnewswire.com/2019/06/17/global-vehicle-to-everything-v2x-communication-technology-market-2019-share-trend-segmentation-and-forecast-to-2025/
This report focuses on the global Vehicle-to-everything (V2X) Communication Technology status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Vehicle-to-everything (V2X) Communication Technology development in United States, Europe and China.
The key players covered in this study
CONTINENTAL
QUALCOMM
DAIMLER
DELPHI AUTOMOTIVE
INFINEON TECHNOLOGIES
AUDI
INTEL
NXP SEMICONDUCTORS
TOMTOM
INTERNATIONAL BUSINESS MACHINES
CISCO SYSTEMS
Market segment by Type, the product can be split into
V2V (VEHICLE-TO-VEHICLE)
V2I (VEHICLE-TO-INFRASTRUCTURE)
V2P (VEHICLE-TO-PEDESTRIAN)
V2H (VEHICLE-TO-HOME)
V2G (VEHICLE-TO-GRID)
V2N (VEHICLE-TO-NETWORK)
Market segment by Application, split into
Passenger Car
Commercial Vehicle
Market segment by Regions/Countries, this report covers
United States
Europe
China
Japan
Southeast Asia
India
Central & South America
The study objectives of this report are:
To analyze global Vehicle-to-everything (V2X) Communication Technology status, future forecast, growth opportunity, key market and key players.
To present the Vehicle-to-everything (V2X) Communication Technology development in United States, Europe and China.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by product type, market and key regions.
In this study, the years considered to estimate the market size of Vehicle-to-everything (V2X) Communication Technology are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
For more details - https://www.wiseguyreports.com/reports/4084218-global-vehicle-to-everything-v2x-communication-technology-market
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