Vehicle-to-Grid Market Forecast to Reach $34.84 Billion by 2035

Industry
โดย GlobeNewswire·Read original
Summary · why it matters

The global Vehicle to Grid market is projected to grow from USD 4.28 billion in 2026 to USD 34.84 billion by 2035, a compound annual growth rate of 23.32%, according to a new report added to ResearchAndMarkets.com. V2G technology enables bidirectional energy flow, allowing electric vehicles to supply stored power back to the grid, enhancing resilience and supporting frequency regulation and emergency backup. Growth is driven by rapid battery electric vehicle adoption, favorable government policies in the United States, China, and Australia, and integration with smart grids and renewable energy. Asia currently leads the market, fueled by EV uptake in China, Japan, and South Korea, along with robust governmental support. The report segments the market by component, solution, service, charger type, vehicle type, technology, application area, and region, and profiles companies including ABB, BMW, ChargePoint Holdings, Ford Motor, General Motors, Nissan, Siemens, and Tesla.

Impact on stocks 2

Electrification & Mobility · 2 stocks
Tesla Inc
TSLA
▲ PositiveDemandrelevance

V2G market growth forecast implies increased demand for Tesla's vehicles and energy products.

Honda Motor Co., Ltd.
7267
▲ PositiveDemandrelevance

V2G market growth forecast implies increased demand for Honda's electric vehicles.

Theme Impact 6

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