Vehicle to Grid Market by Product, Vehicle Type, and Geography - Forecast and Analysis 2023-2027

Published: Dec 2022 Pages: 169 SKU: IRTNTR43777

The vehicle-to-grid market size is estimated to grow at a CAGR of 31.5%  and the size of the market is forecast to increase by USD 29,788.38 million between 2022 and 2027. The growth of the market depends on several factors, including improvements in EV battery technology, the ability to meet peak electricity demands, and changes in grid structure allowing decentralized power generation.

This market report extensively covers market segmentation by product (power electronics and software), vehicle type (BEV, PHEV, and FCEV), and geography (North America, Europe, APAC, Middle East and Africa, and South America). It also includes an in-depth analysis of drivers, trends, and challenges. Furthermore, the report includes historic market data from 2017 to 2021.

What will be the size of the Vehicle To Grid Market During the Forecast Period?

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Vehicle To Grid Market: Key Drivers, Trends, Challenges, and Customer Landscape

The improvements in EV battery technology are notably driving the market growth, although factors such as Interoperability issues may impede the market growth. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.

Key Vehicle To Grid Market Driver

The global surge in the number of electric vehicles (EVs) is fueled by the need for energy independence and government support. As the adoption of EVs grows, existing technologies are being pushed to their limits, necessitating the development of newer technologies. As a result, significant investments are being made in research and development (R&D). Technological advancements in EVs have reduced battery costs while increasing their energy densities over the years. The increasing energy density in EVs results in higher-capacity batteries, and the growing number of EVs has led to the widespread availability of battery charging infrastructure. The need for grid integration is driven by better energy storage options and their easy integration into the grid. Some manufacturers are focusing on establishing new EV battery facilities, which will contribute to the growth of the global vehicle-to-grid market during the forecast period.

EVs have the potential to reduce pollution and dependence on fossil fuels, and governments around the world are providing incentives and building infrastructure to support their adoption. As a result, the adoption rate of EVs has been steadily increasing, and global EV sales are witnessing continuous growth. Since EVs have batteries, they are identified as a technology that can meet peak hour demand by integrating them into the grid to allow two-way communication and power flow between the grid and vehicles. On average, vehicles are idle or parked 95% of the time, enabling the use of EVs as an energy storage system for supplying power back to the grid during peak loads.

Significant Vehicle To Grid Market Trends

The rise in the number of EV charging stations is the key trend in the vehicle-to-grid technology market. The main energy source for electric cars is batteries, which are mainly charged from an external energy source. As EVs have a shorter driving range compared to hybrid and ICE vehicles, they require more on-road and off-road charging facilities to improve their utilization rate. Some government organizations are focusing on increasing the number of charging stations for electric vehicles.

The number of EV charging stations is expected to grow significantly during the forecast period. Government incentives and subsidies on EV charging stations should improve transportation electrification. Increasing sales of EVs contribute to the growing number of charging stations worldwide. The number of charging stations in Asia and Europe will grow at a rapid rate during the forecast period owing to cost reductions and entrepreneurial development in these regions.

Major Vehicle To Grid Market Challenge

The growth of the vehicle-to-grid technology market is facing a major challenge due to interoperability issues. Efficient integration of electric vehicles into the grid is essential to regulate voltage fluctuations, meet peak demand, and balance renewable power generation. Successful integration requires various factors such as reference architecture, code and standards, management, active network management, advanced measurement infrastructure, and security systems to enable seamless communication between electric cars, charging stations, and communication and control systems.

However, the existing standards, architecture, and components are designed independently by different organizations, causing a lack of uniformity. This necessitates compliance with different standards, which may not be fully compatible with other technologies, resulting in interoperability issues. Although several private and public charging stations have been installed to meet the increasing demand for EVs, their communication and control capabilities are limited due to a lack of unified standards, hindering their integration with the grid.

Key Vehicle To Grid Market Customer Landscape

The Vehicle-to-grid market report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.

Global Vehicle-to-Grid Market Customer Landscape

Who are the Major Vehicle to Grid Market Vendors?

Vendors are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the vehicle-to-grid technology market.

ABB  - The company offers vehicle-to-grid solutions, which can be used to temporarily supply homes (V2H) and buildings (V2B) backup power during power outages. The company offers electrification and building management solutions, products, and services for utilities, industry, transport, and infrastructure.

The market report also includes detailed analyses of the competitive landscape of the market and information about 15 market vendors, including:

  • AC Propulsion Inc.
  • ChargePoint Inc.
  • Continental AG
  • Coritech Services
  • Edison International
  • Fermata LLC
  • Hitachi Ltd.
  • Honda Motor Co. Ltd
  • Liikennevirta Oy Ltd.
  • Mercedes Benz Group AG
  • Mitsubishi Motors Corp.
  • Nuvve Holding Corp.
  • OVO Energy Ltd
  • Renault SAS
  • Tesla Inc.
  • TransnetBW GmbH
  • Ford Motor Co.
  • Qualcomm Inc.
  • Wallbox N.V.

Qualitative and quantitative analysis of vendors has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize vendors as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize vendors as dominant, leading, strong, tentative, and weak.

What is the Fastest-Growing Segment in the Vehicle To Grid Market?

The vehicle-to-grid technology market share growth of the power electronics segment will be significant during the forecast period. The segment includes drive systems, control units, bi-directional chargers, networking devices, and communication equipment which are responsible for communication between vehicle-to-grid enabling technologies. Drive systems which are the critical components for integration, need to be reliable to ensure the safe operation of the entire process of converting and reversing the flow of power without having an impact on other systems of the vehicle. The sales of drive systems will increase exponentially enabling the demand for the market during the forecast period. 

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In 2017 the power electronics segment was valued at USD 2,527.30 million and it continues to grow exponentially during the forecast period. The power electronics segment has a component which is known as bi-directional chargers that allow the flow of power from the grid and supply the power when required. It has meters that show complete charge details and the ancillary services provided by the vehicle to the grid. An EV supply equipment, which can be present at the residence, workplace, or public station, acts as a device that allows a vehicle to charge or discharge power to the grid. The networking equipment, computers, wires and cables, processors, and circuits integrate or connect with the rest of the technologies, such as the drive systems, and enable vehicle grid integration (VGI).

Which are the Key Regions for the Vehicle To Grid Market?

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North America is estimated to contribute 34% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the vehicle-to-grid technology market during the forecast period.

The US is the leading market for vehicle-to-grid in North America. This growth is attributed to rapid investments in the development and deployment of vehicle-to-grid infrastructure. This was coupled with aggressive government strategies and targets to stimulate sales of BEVs and PHEVs in the region. Integrating EVs into the grid can save costs for utilities as well as help offset the overall ownership cost for EV owners. Utilities can benefit by avoiding the use of their less efficient or reserve plants to meet the peak demand. Some organizations in the region are focusing on launching new projects that increase the demand for V2G technology. Such large EV projects in the region can accelerate the growth of the market during the forecast period.

The market in the region witnessed certain challenges in 2020 and 2021 due to the Covid outbreak. However, new product launches by EV manufacturers are contributing to the growth of the market. For instance, Tesla announced the release of the first Model S Plaid in production in June 2021. It is a four-door EV with a supposedly 390-mile range. The Plaid features a roomier back seat, a better entertainment system, and charges more quickly at Tesla superchargers. Such initiatives will accelerate the growth of the regional vehicle-to-grid market during the forecast period.

Segment Overview

The research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027. 

  • Product Outlook (USD Million, 2017 - 2027)
    • Power Electronics
    • Software
  • Vehicle Type Outlook (USD Million, 2017 - 2027)
    • BEV
    • PHEV
    • FCEV
  • Region Outlook (USD Million, 2017 - 2027)
    • North America
      • The U.S.
      • Canada
    • Europe
      • The U.K.
      • Germany
      • France
      • Rest of Europe
    • APAC
      • China
      • India
    • Middle East & Africa
      • Saudi Arabia
      • South Africa
      • Rest of the Middle East & Africa
    • South America
      • Brazil
      • Argentina

Vehicle To Grid Market Scope

Report Coverage

Details

Page number

169

Base year

2022

Historic period

2017-2021

Forecast period

2023-2027

Growth momentum & CAGR

Accelerate at a CAGR of 31.5%

Market growth 2023-2027

USD 29,788.38 million

Market structure

Fragmented

YoY growth 2022-2023(%)

30.5

Regional analysis

North America, Europe, APAC, Middle East and Africa, and South America

Performing market contribution

North America at 34%

Key countries

US, Japan, China, Germany, and UK

Competitive landscape

 Leading Vendors, Market Positioning of Vendors, Competitive Strategies, and Industry Risks

Key companies profiled

ABB Ltd., AC Propulsion Inc., ChargePoint Inc., Continental AG, Coritech Services, Edison International, Fermata LLC, Hitachi Ltd., Honda Motor Co. Ltd, Liikennevirta Oy Ltd., Mercedes Benz Group AG, Mitsubishi Motors Corp., Nuvve Holding Corp., OVO Energy Ltd, Renault SAS, Tesla Inc., TransnetBW GmbH, Ford Motor Co., Qualcomm Inc., and Wallbox N.V.

Market dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, and Market condition analysis for the forecast period.

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Data Covered in this Vehicle To Grid Market Research Report?

  • CAGR of the market during the forecast period
  • Detailed information on factors that will drive the growth of the vehicle-to-grid technology market between 2023 and 2027
  • Precise estimation of the V2G market size and its contribution to the parent market
  • Accurate predictions about upcoming trends and changes in consumer behavior
  • Growth of the industry across North America, Europe, APAC, Middle East and Africa, and South America
  • A thorough analysis of the market’s competitive landscape and detailed information about vendors
  • Comprehensive analysis of factors that will challenge the growth of vehicle-to-grid technology market vendors

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1 Executive Summary

  • 1.1 Market overview
    • Exhibit 01: Executive Summary – Chart on Market Overview
    • Exhibit 02: Executive Summary – Data Table on Market Overview
    • Exhibit 03: Executive Summary – Chart on Global Market Characteristics
    • Exhibit 04: Executive Summary – Chart on Market by Geography
    • Exhibit 05: Executive Summary – Chart on Market Segmentation by Product
    • Exhibit 06: Executive Summary – Chart on Market Segmentation by Vehicle Type
    • Exhibit 07: Executive Summary – Chart on Incremental Growth
    • Exhibit 08: Executive Summary – Data Table on Incremental Growth
    • Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

  • 2.1 Market ecosystem
    • Exhibit 10: Parent market
    • Exhibit 11: Market Characteristics

3 Market Sizing

  • 3.1 Market definition
    • Exhibit 12: Offerings of vendors included in the market definition
  • 3.2 Market segment analysis
    • Exhibit 13: Market segments
  • 3.3 Market size 2022
    • 3.4 Market outlook: Forecast for 2022-2027
      • Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
      • Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
      • Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

    4 Historic Market Size

    • 4.1 Global vehicle to grid market 2017 - 2021
      • Exhibit 18: Historic Market Size – Data Table on Global vehicle to grid market 2017 - 2021 ($ million)
    • 4.2 Product Segment Analysis 2017 - 2021
      • Exhibit 19: Historic Market Size – Product Segment 2017 - 2021 ($ million)
    • 4.3 Vehicle type Segment Analysis 2017 - 2021
      • Exhibit 20: Historic Market Size – Vehicle type Segment 2017 - 2021 ($ million)
    • 4.4 Geography Segment Analysis 2017 - 2021
      • Exhibit 21: Historic Market Size – Geography Segment 2017 - 2021 ($ million)
    • 4.5 Country Segment Analysis 2017 - 2021
      • Exhibit 22: Historic Market Size – Country Segment 2017 - 2021 ($ million)

    5 Five Forces Analysis

    • 5.1 Five forces summary
      • Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
    • 5.2 Bargaining power of buyers
      • Exhibit 24: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027
    • 5.3 Bargaining power of suppliers
      • Exhibit 25: Bargaining power of suppliers – Impact of key factors in 2022 and 2027
    • 5.4 Threat of new entrants
      • Exhibit 26: Threat of new entrants – Impact of key factors in 2022 and 2027
    • 5.5 Threat of substitutes
      • Exhibit 27: Threat of substitutes – Impact of key factors in 2022 and 2027
    • 5.6 Threat of rivalry
      • Exhibit 28: Threat of rivalry – Impact of key factors in 2022 and 2027
    • 5.7 Market condition
      • Exhibit 29: Chart on Market condition - Five forces 2022 and 2027

    6 Market Segmentation by Product

    • 6.1 Market segments
      • Exhibit 30: Chart on Product - Market share 2022-2027 (%)
      • Exhibit 31: Data Table on Product - Market share 2022-2027 (%)
    • 6.2 Comparison by Product
      • Exhibit 32: Chart on Comparison by Product
      • Exhibit 33: Data Table on Comparison by Product
    • 6.3 Power electronics - Market size and forecast 2022-2027
      • Exhibit 34: Chart on Power electronics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 35: Data Table on Power electronics - Market size and forecast 2022-2027 ($ million)
      • Exhibit 36: Chart on Power electronics - Year-over-year growth 2022-2027 (%)
      • Exhibit 37: Data Table on Power electronics - Year-over-year growth 2022-2027 (%)
    • 6.4 Software - Market size and forecast 2022-2027
      • Exhibit 38: Chart on Software - Market size and forecast 2022-2027 ($ million)
      • Exhibit 39: Data Table on Software - Market size and forecast 2022-2027 ($ million)
      • Exhibit 40: Chart on Software - Year-over-year growth 2022-2027 (%)
      • Exhibit 41: Data Table on Software - Year-over-year growth 2022-2027 (%)
    • 6.5 Market opportunity by Product
      • Exhibit 42: Market opportunity by Product ($ million)

    7 Market Segmentation by Vehicle Type

    • 7.1 Market segments
      • Exhibit 43: Chart on Vehicle Type - Market share 2022-2027 (%)
      • Exhibit 44: Data Table on Vehicle Type - Market share 2022-2027 (%)
    • 7.2 Comparison by Vehicle Type
      • Exhibit 45: Chart on Comparison by Vehicle Type
      • Exhibit 46: Data Table on Comparison by Vehicle Type
    • 7.3 BEV - Market size and forecast 2022-2027
      • Exhibit 47: Chart on BEV - Market size and forecast 2022-2027 ($ million)
      • Exhibit 48: Data Table on BEV - Market size and forecast 2022-2027 ($ million)
      • Exhibit 49: Chart on BEV - Year-over-year growth 2022-2027 (%)
      • Exhibit 50: Data Table on BEV - Year-over-year growth 2022-2027 (%)
    • 7.4 PHEV - Market size and forecast 2022-2027
      • Exhibit 51: Chart on PHEV - Market size and forecast 2022-2027 ($ million)
      • Exhibit 52: Data Table on PHEV - Market size and forecast 2022-2027 ($ million)
      • Exhibit 53: Chart on PHEV - Year-over-year growth 2022-2027 (%)
      • Exhibit 54: Data Table on PHEV - Year-over-year growth 2022-2027 (%)
    • 7.5 FCEV - Market size and forecast 2022-2027
      • Exhibit 55: Chart on FCEV - Market size and forecast 2022-2027 ($ million)
      • Exhibit 56: Data Table on FCEV - Market size and forecast 2022-2027 ($ million)
      • Exhibit 57: Chart on FCEV - Year-over-year growth 2022-2027 (%)
      • Exhibit 58: Data Table on FCEV - Year-over-year growth 2022-2027 (%)
    • 7.6 Market opportunity by Vehicle Type
      • Exhibit 59: Market opportunity by Vehicle Type ($ million)

    8 Customer Landscape

    • 8.1 Customer landscape overview
      • Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

    9 Geographic Landscape

    • 9.1 Geographic segmentation
      • Exhibit 61: Chart on Market share by geography 2022-2027 (%)
      • Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
    • 9.2 Geographic comparison
      • Exhibit 63: Chart on Geographic comparison
      • Exhibit 64: Data Table on Geographic comparison
    • 9.3 North America - Market size and forecast 2022-2027
      • Exhibit 65: Chart on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 66: Data Table on North America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 67: Chart on North America - Year-over-year growth 2022-2027 (%)
      • Exhibit 68: Data Table on North America - Year-over-year growth 2022-2027 (%)
    • 9.4 Europe - Market size and forecast 2022-2027
      • Exhibit 69: Chart on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 70: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
      • Exhibit 71: Chart on Europe - Year-over-year growth 2022-2027 (%)
      • Exhibit 72: Data Table on Europe - Year-over-year growth 2022-2027 (%)
    • 9.5 APAC - Market size and forecast 2022-2027
      • Exhibit 73: Chart on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 74: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
      • Exhibit 75: Chart on APAC - Year-over-year growth 2022-2027 (%)
      • Exhibit 76: Data Table on APAC - Year-over-year growth 2022-2027 (%)
    • 9.6 Middle East and Africa - Market size and forecast 2022-2027
      • Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
      • Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
      • Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
    • 9.7 South America - Market size and forecast 2022-2027
      • Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
      • Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
      • Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
    • 9.8 US - Market size and forecast 2022-2027
      • Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
      • Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
      • Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
    • 9.9 Japan - Market size and forecast 2022-2027
      • Exhibit 89: Chart on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 90: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
      • Exhibit 91: Chart on Japan - Year-over-year growth 2022-2027 (%)
      • Exhibit 92: Data Table on Japan - Year-over-year growth 2022-2027 (%)
    • 9.10 China - Market size and forecast 2022-2027
      • Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
      • Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
      • Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)
    • 9.11 Germany - Market size and forecast 2022-2027
      • Exhibit 97: Chart on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 98: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
      • Exhibit 99: Chart on Germany - Year-over-year growth 2022-2027 (%)
      • Exhibit 100: Data Table on Germany - Year-over-year growth 2022-2027 (%)
    • 9.12 UK - Market size and forecast 2022-2027
      • Exhibit 101: Chart on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 102: Data Table on UK - Market size and forecast 2022-2027 ($ million)
      • Exhibit 103: Chart on UK - Year-over-year growth 2022-2027 (%)
      • Exhibit 104: Data Table on UK - Year-over-year growth 2022-2027 (%)
    • 9.13 Market opportunity by geography
      • Exhibit 105: Market opportunity by geography ($ million)

    10 Drivers, Challenges, and Trends

    • 10.1 Market drivers
      • 10.2 Market challenges
        • 10.3 Impact of drivers and challenges
          • Exhibit 106: Impact of drivers and challenges in 2022 and 2027
        • 10.4 Market trends

          11 Vendor Landscape

          • 11.1 Overview
            • 11.2 Vendor landscape
              • Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
            • 11.3 Landscape disruption
              • Exhibit 108: Overview on factors of disruption
            • 11.4 Industry risks
              • Exhibit 109: Impact of key risks on business

            12 Vendor Analysis

            • 12.1 Vendors covered
              • Exhibit 110: Vendors covered
            • 12.2 Market positioning of vendors
              • Exhibit 111: Matrix on vendor position and classification
            • 12.3 ABB Ltd.
              • Exhibit 112: ABB Ltd. - Overview
              • Exhibit 113: ABB Ltd. - Business segments
              • Exhibit 114: ABB Ltd. - Key offerings
              • Exhibit 115: ABB Ltd. - Segment focus
            • 12.4 AC Propulsion Inc.
              • Exhibit 116: AC Propulsion Inc. - Overview
              • Exhibit 117: AC Propulsion Inc. - Product / Service
              • Exhibit 118: AC Propulsion Inc. - Key offerings
            • 12.5 Coritech Services
              • Exhibit 119: Coritech Services - Overview
              • Exhibit 120: Coritech Services - Product / Service
              • Exhibit 121: Coritech Services - Key offerings
            • 12.6 Edison International
              • Exhibit 122: Edison International - Overview
              • Exhibit 123: Edison International - Business segments
              • Exhibit 124: Edison International - Key offerings
              • Exhibit 125: Edison International - Segment focus
            • 12.7 Ford Motor Co.
              • Exhibit 126: Ford Motor Co. - Overview
              • Exhibit 127: Ford Motor Co. - Business segments
              • Exhibit 128: Ford Motor Co. - Key news
              • Exhibit 129: Ford Motor Co. - Key offerings
              • Exhibit 130: Ford Motor Co. - Segment focus
            • 12.8 Hitachi Ltd.
              • Exhibit 131: Hitachi Ltd. - Overview
              • Exhibit 132: Hitachi Ltd. - Business segments
              • Exhibit 133: Hitachi Ltd. - Key news
              • Exhibit 134: Hitachi Ltd. - Key offerings
              • Exhibit 135: Hitachi Ltd. - Segment focus
            • 12.9 Honda Motor Co. Ltd
              • Exhibit 136: Honda Motor Co. Ltd - Overview
              • Exhibit 137: Honda Motor Co. Ltd - Business segments
              • Exhibit 138: Honda Motor Co. Ltd - Key news
              • Exhibit 139: Honda Motor Co. Ltd - Key offerings
              • Exhibit 140: Honda Motor Co. Ltd - Segment focus
            • 12.10 Liikennevirta Oy Ltd.
              • Exhibit 141: Liikennevirta Oy Ltd. - Overview
              • Exhibit 142: Liikennevirta Oy Ltd. - Product / Service
              • Exhibit 143: Liikennevirta Oy Ltd. - Key offerings
            • 12.11 Mercedes Benz Group AG
              • Exhibit 144: Mercedes Benz Group AG - Overview
              • Exhibit 145: Mercedes Benz Group AG - Business segments
              • Exhibit 146: Mercedes Benz Group AG - Key offerings
              • Exhibit 147: Mercedes Benz Group AG - Segment focus
            • 12.12 Mitsubishi Motors Corp.
              • Exhibit 148: Mitsubishi Motors Corp. - Overview
              • Exhibit 149: Mitsubishi Motors Corp. - Business segments
              • Exhibit 150: Mitsubishi Motors Corp. - Key offerings
              • Exhibit 151: Mitsubishi Motors Corp. - Segment focus
            • 12.13 Nuvve Holding Corp.
              • Exhibit 152: Nuvve Holding Corp. - Overview
              • Exhibit 153: Nuvve Holding Corp. - Product / Service
              • Exhibit 154: Nuvve Holding Corp. - Key offerings
            • 12.14 Qualcomm Inc.
              • Exhibit 155: Qualcomm Inc. - Overview
              • Exhibit 156: Qualcomm Inc. - Business segments
              • Exhibit 157: Qualcomm Inc. - Key news
              • Exhibit 158: Qualcomm Inc. - Key offerings
              • Exhibit 159: Qualcomm Inc. - Segment focus
            • 12.15 Renault SAS
              • Exhibit 160: Renault SAS - Overview
              • Exhibit 161: Renault SAS - Product / Service
              • Exhibit 162: Renault SAS - Key news
              • Exhibit 163: Renault SAS - Key offerings
            • 12.16 Tesla Inc.
              • Exhibit 164: Tesla Inc. - Overview
              • Exhibit 165: Tesla Inc. - Business segments
              • Exhibit 166: Tesla Inc. - Key news
              • Exhibit 167: Tesla Inc. - Key offerings
              • Exhibit 168: Tesla Inc. - Segment focus
            • 12.17 Wallbox N.V.
              • Exhibit 169: Wallbox N.V. - Overview
              • Exhibit 170: Wallbox N.V. - Key offerings

            13 Appendix

            • 13.1 Scope of the report
              • 13.2 Inclusions and exclusions checklist
                • Exhibit 171: Inclusions checklist
                • Exhibit 172: Exclusions checklist
              • 13.3 Currency conversion rates for US$
                • Exhibit 173: Currency conversion rates for US$
              • 13.4 Research methodology
                • Exhibit 174: Research methodology
                • Exhibit 175: Validation techniques employed for market sizing
                • Exhibit 176: Information sources
              • 13.5 List of abbreviations
                • Exhibit 177: List of abbreviations

              Research Framework

              Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

              INFORMATION SOURCES

              Primary sources

              • Manufacturers and suppliers
              • Channel partners
              • Industry experts
              • Strategic decision makers

              Secondary sources

              • Industry journals and periodicals
              • Government data
              • Financial reports of key industry players
              • Historical data
              • Press releases

              DATA ANALYSIS

              Data Synthesis

              • Collation of data
              • Estimation of key figures
              • Analysis of derived insights

              Data Validation

              • Triangulation with data models
              • Reference against proprietary databases
              • Corroboration with industry experts

              REPORT WRITING

              Qualitative

              • Market drivers
              • Market challenges
              • Market trends
              • Five forces analysis

              Quantitative

              • Market size and forecast
              • Market segmentation
              • Geographical insights
              • Competitive landscape

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              Key Questions Answered

              • What are the key global market and the regional market share?
              • What are the revenue-generating key market segments?
              • What are the key factors driving and challenging this market’s growth?
              • Who are the key market vendors and their growth strategies?
              • What are the latest trends influencing the growth of this market?
              • What are the variables influencing the market growth in the primary regions?
              • What are the factors influencing the growth of the parent market?

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