

The global Vehicle-To-Grid (V2G) market size is predicted to grow from US$ 136 million in 2025 to US$ 5645 million in 2031; it is expected to grow at a CAGR of 86.0% from 2025 to 2031.
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.
Global vehicle-to-grid (V2G) core manufacturers include NUVVE, Enel Energia, The Mobility House and State Grid. The top three manufacturers account for approximately 62% of the global share. NUVVE is the world's largest vehicle-to-grid manufacturer, with a market share of approximately 23%.
From a production perspective, the United States&Canada, Europe and China are the world's major vehicle-to-grid production regions, with the three together accounting for more than 86% of the market share.
In terms of product types, two-way V2G occupies a dominant position, accounting for 80% of the market share. At the same time, in terms of applications, pure electric vehicles are the largest application field, accounting for 72%.
The “Vehicle-To-Grid (V2G) Industry Forecast” looks at past sales and reviews total world Vehicle-To-Grid (V2G) sales in 2024, providing a comprehensive analysis by region and market sector of projected Vehicle-To-Grid (V2G) sales for 2025 through 2031. 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 analyses 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).
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.
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
The Mobility House
China State Grid
Fermata Energy
E.ON
ActewAGL
KEPCO
EDF Energy
ABB
Tokyo Electric Power
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Vehicle-To-Grid (V2G) Market Size (2020-2031)
2.1.2 Vehicle-To-Grid (V2G) Market Size CAGR by Region (2020 VS 2024 VS 2031)
2.1.3 World Current & Future Analysis for Vehicle-To-Grid (V2G) by Country/Region (2020, 2024 & 2031)
2.2 Vehicle-To-Grid (V2G) Segment by Type
2.2.1 Unidirectional V2G
2.2.2 Bidirectional V2G
2.3 Vehicle-To-Grid (V2G) Market Size by Type
2.3.1 Vehicle-To-Grid (V2G) Market Size CAGR by Type (2020 VS 2024 VS 2031)
2.3.2 Global Vehicle-To-Grid (V2G) Market Size Market Share by Type (2020-2025)
2.4 Vehicle-To-Grid (V2G) Segment by Application
2.4.1 Battery Electric Vehicles
2.4.2 Plug-In Hybrid Electric Vehicles
2.4.3 Fuel Cell Vehicles
2.5 Vehicle-To-Grid (V2G) Market Size by Application
2.5.1 Vehicle-To-Grid (V2G) Market Size CAGR by Application (2020 VS 2024 VS 2031)
2.5.2 Global Vehicle-To-Grid (V2G) Market Size Market Share by Application (2020-2025)
3 Vehicle-To-Grid (V2G) Market Size by Player
3.1 Vehicle-To-Grid (V2G) Market Size Market Share by Player
3.1.1 Global Vehicle-To-Grid (V2G) Revenue by Player (2020-2025)
3.1.2 Global Vehicle-To-Grid (V2G) Revenue Market Share by Player (2020-2025)
3.2 Global Vehicle-To-Grid (V2G) Key Players Head office and Products Offered
3.3 Market Concentration Rate Analysis
3.3.1 Competition Landscape Analysis
3.3.2 Concentration Ratio (CR3, CR5 and CR10) & (2023-2025)
3.4 New Products and Potential Entrants
3.5 Mergers & Acquisitions, Expansion
4 Vehicle-To-Grid (V2G) by Region
4.1 Vehicle-To-Grid (V2G) Market Size by Region (2020-2025)
4.2 Global Vehicle-To-Grid (V2G) Annual Revenue by Country/Region (2020-2025)
4.3 Americas Vehicle-To-Grid (V2G) Market Size Growth (2020-2025)
4.4 APAC Vehicle-To-Grid (V2G) Market Size Growth (2020-2025)
4.5 Europe Vehicle-To-Grid (V2G) Market Size Growth (2020-2025)
4.6 Middle East & Africa Vehicle-To-Grid (V2G) Market Size Growth (2020-2025)
5 Americas
5.1 Americas Vehicle-To-Grid (V2G) Market Size by Country (2020-2025)
5.2 Americas Vehicle-To-Grid (V2G) Market Size by Type (2020-2025)
5.3 Americas Vehicle-To-Grid (V2G) Market Size by Application (2020-2025)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Vehicle-To-Grid (V2G) Market Size by Region (2020-2025)
6.2 APAC Vehicle-To-Grid (V2G) Market Size by Type (2020-2025)
6.3 APAC Vehicle-To-Grid (V2G) Market Size by Application (2020-2025)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
7 Europe
7.1 Europe Vehicle-To-Grid (V2G) Market Size by Country (2020-2025)
7.2 Europe Vehicle-To-Grid (V2G) Market Size by Type (2020-2025)
7.3 Europe Vehicle-To-Grid (V2G) Market Size by Application (2020-2025)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Vehicle-To-Grid (V2G) by Region (2020-2025)
8.2 Middle East & Africa Vehicle-To-Grid (V2G) Market Size by Type (2020-2025)
8.3 Middle East & Africa Vehicle-To-Grid (V2G) Market Size by Application (2020-2025)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Global Vehicle-To-Grid (V2G) Market Forecast
10.1 Global Vehicle-To-Grid (V2G) Forecast by Region (2026-2031)
10.1.1 Global Vehicle-To-Grid (V2G) Forecast by Region (2026-2031)
10.1.2 Americas Vehicle-To-Grid (V2G) Forecast
10.1.3 APAC Vehicle-To-Grid (V2G) Forecast
10.1.4 Europe Vehicle-To-Grid (V2G) Forecast
10.1.5 Middle East & Africa Vehicle-To-Grid (V2G) Forecast
10.2 Americas Vehicle-To-Grid (V2G) Forecast by Country (2026-2031)
10.2.1 United States Market Vehicle-To-Grid (V2G) Forecast
10.2.2 Canada Market Vehicle-To-Grid (V2G) Forecast
10.2.3 Mexico Market Vehicle-To-Grid (V2G) Forecast
10.2.4 Brazil Market Vehicle-To-Grid (V2G) Forecast
10.3 APAC Vehicle-To-Grid (V2G) Forecast by Region (2026-2031)
10.3.1 China Vehicle-To-Grid (V2G) Market Forecast
10.3.2 Japan Market Vehicle-To-Grid (V2G) Forecast
10.3.3 Korea Market Vehicle-To-Grid (V2G) Forecast
10.3.4 Southeast Asia Market Vehicle-To-Grid (V2G) Forecast
10.3.5 India Market Vehicle-To-Grid (V2G) Forecast
10.3.6 Australia Market Vehicle-To-Grid (V2G) Forecast
10.4 Europe Vehicle-To-Grid (V2G) Forecast by Country (2026-2031)
10.4.1 Germany Market Vehicle-To-Grid (V2G) Forecast
10.4.2 France Market Vehicle-To-Grid (V2G) Forecast
10.4.3 UK Market Vehicle-To-Grid (V2G) Forecast
10.4.4 Italy Market Vehicle-To-Grid (V2G) Forecast
10.4.5 Russia Market Vehicle-To-Grid (V2G) Forecast
10.5 Middle East & Africa Vehicle-To-Grid (V2G) Forecast by Region (2026-2031)
10.5.1 Egypt Market Vehicle-To-Grid (V2G) Forecast
10.5.2 South Africa Market Vehicle-To-Grid (V2G) Forecast
10.5.3 Israel Market Vehicle-To-Grid (V2G) Forecast
10.5.4 Turkey Market Vehicle-To-Grid (V2G) Forecast
10.6 Global Vehicle-To-Grid (V2G) Forecast by Type (2026-2031)
10.7 Global Vehicle-To-Grid (V2G) Forecast by Application (2026-2031)
10.7.1 GCC Countries Market Vehicle-To-Grid (V2G) Forecast
11 Key Players Analysis
11.1 NUVVE
11.1.1 NUVVE Company Information
11.1.2 NUVVE Vehicle-To-Grid (V2G) Product Offered
11.1.3 NUVVE Vehicle-To-Grid (V2G) Revenue, Gross Margin and Market Share (2020-2025)
11.1.4 NUVVE Main Business Overview
11.1.5 NUVVE Latest Developments
11.2 Enel Energia
11.2.1 Enel Energia Company Information
11.2.2 Enel Energia Vehicle-To-Grid (V2G) Product Offered
11.2.3 Enel Energia Vehicle-To-Grid (V2G) Revenue, Gross Margin and Market Share (2020-2025)
11.2.4 Enel Energia Main Business Overview
11.2.5 Enel Energia Latest Developments
11.3 The Mobility House
11.3.1 The Mobility House Company Information
11.3.2 The Mobility House Vehicle-To-Grid (V2G) Product Offered
11.3.3 The Mobility House Vehicle-To-Grid (V2G) Revenue, Gross Margin and Market Share (2020-2025)
11.3.4 The Mobility House Main Business Overview
11.3.5 The Mobility House Latest Developments
11.4 China State Grid
11.4.1 China State Grid Company Information
11.4.2 China State Grid Vehicle-To-Grid (V2G) Product Offered
11.4.3 China State Grid Vehicle-To-Grid (V2G) Revenue, Gross Margin and Market Share (2020-2025)
11.4.4 China State Grid Main Business Overview
11.4.5 China State Grid Latest Developments
11.5 Fermata Energy
11.5.1 Fermata Energy Company Information
11.5.2 Fermata Energy Vehicle-To-Grid (V2G) Product Offered
11.5.3 Fermata Energy Vehicle-To-Grid (V2G) Revenue, Gross Margin and Market Share (2020-2025)
11.5.4 Fermata Energy Main Business Overview
11.5.5 Fermata Energy Latest Developments
11.6 E.ON
11.6.1 E.ON Company Information
11.6.2 E.ON Vehicle-To-Grid (V2G) Product Offered
11.6.3 E.ON Vehicle-To-Grid (V2G) Revenue, Gross Margin and Market Share (2020-2025)
11.6.4 E.ON Main Business Overview
11.6.5 E.ON Latest Developments
11.7 ActewAGL
11.7.1 ActewAGL Company Information
11.7.2 ActewAGL Vehicle-To-Grid (V2G) Product Offered
11.7.3 ActewAGL Vehicle-To-Grid (V2G) Revenue, Gross Margin and Market Share (2020-2025)
11.7.4 ActewAGL Main Business Overview
11.7.5 ActewAGL Latest Developments
11.8 KEPCO
11.8.1 KEPCO Company Information
11.8.2 KEPCO Vehicle-To-Grid (V2G) Product Offered
11.8.3 KEPCO Vehicle-To-Grid (V2G) Revenue, Gross Margin and Market Share (2020-2025)
11.8.4 KEPCO Main Business Overview
11.8.5 KEPCO Latest Developments
11.9 EDF Energy
11.9.1 EDF Energy Company Information
11.9.2 EDF Energy Vehicle-To-Grid (V2G) Product Offered
11.9.3 EDF Energy Vehicle-To-Grid (V2G) Revenue, Gross Margin and Market Share (2020-2025)
11.9.4 EDF Energy Main Business Overview
11.9.5 EDF Energy Latest Developments
11.10 ABB
11.10.1 ABB Company Information
11.10.2 ABB Vehicle-To-Grid (V2G) Product Offered
11.10.3 ABB Vehicle-To-Grid (V2G) Revenue, Gross Margin and Market Share (2020-2025)
11.10.4 ABB Main Business Overview
11.10.5 ABB Latest Developments
11.11 Tokyo Electric Power
11.11.1 Tokyo Electric Power Company Information
11.11.2 Tokyo Electric Power Vehicle-To-Grid (V2G) Product Offered
11.11.3 Tokyo Electric Power Vehicle-To-Grid (V2G) Revenue, Gross Margin and Market Share (2020-2025)
11.11.4 Tokyo Electric Power Main Business Overview
11.11.5 Tokyo Electric Power Latest Developments
12 Research Findings and Conclusion
*If Applicable.