Vehicle to Grid Market To Grow By USD 5.01 billion

 Vehicle to Grid Market will register a CAGR of 14% during 2020-2024. The market’s growth momentum will Accelerate.

Change in grid structure allowing decentralized power generation | Ability to meet peak electricity demands | Improvements in EV battery technology will be one of the major factors driving the growth of this market. Additionally, key Vehicle to Grid Market trends such as the Increasing popularity of EVs through government initiatives | Rapid deployment of smart grids | Rise in number of EV charging stations will also influence market growth during the forecast period.

Download the Sample Report @ http://bit.ly/3a7Bkky

Vehicle to Grid Market Size

During the forecast period, the Vehicle to Grid Market size will grow by $ 5.01 bn.

Vehicle to Grid Market : Vendors

The market is fragmented and owing to the growth opportunities, the level of competition among the companies in this market space will intensify further. are some of the major companies in the Vehicle to Grid Market. Though the forecast period offers opportunities for vendors to increase their market share, factors such as the Additional stress on EV battery | Competition from alternative technologies | Interoperability issues will also challenge the growth of the companies.

AC Propulsion Inc. | Coritech Services | Daimler AG | DENSO Corp. | Hitachi Ltd. | Honda Motor Co. Ltd. | Liikennevirta Oy (Ltd.) | NUVVE Corp. | Qualcomm Inc. | Tesla Inc..list

are some of the companies covered in Technavio’s Vehicle to Grid Market report for 2020-2024.

Vehicle to Grid Market : Region-level Analysis

The report identifies region-level market dynamics, developments, and key markets. The regional level analysis also identifies the market share, growth momentum, and key leading countries in the Vehicle to Grid Market.

The APAC will account for the largest Vehicle to Grid Market share and during 2020-2024, the region will contribute to 46% of the market’s growth.

Get the Full Report @ http://bit.ly/3rIaLrX

Location: United States

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