San Francisco, California, July 12, 2018: A new market research study has recently been added by TMR Research to its vast collection of research reports. The research study, titled “Vehicle to Grid Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 – 2025,” offers a detailed analysis of the market. The key segmentation, regional outlook, and the competitive landscape of the global vehicle to grid market have been discussed in the scope of the research report. Moreover, the key factors that are projected to support the growth of the market have also been highlighted in the research study.
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The rising focus on the development of infrastructure and the rising adoption of electric vehicles are the key factors that are predicted to accelerate the growth of the global vehicle to grid market in the next few years. In addition to this, the introduction of smart grids is predicted to offer potential growth opportunities for the market players in the next few years.
From the regional outlook, North America is anticipated to witness a high growth in the next few years, thanks to the increasing contribution from the U.S. In addition to this, the development of the required infrastructure and the increasing investments are further estimated to encourage the growth of the North America market in the next few years. Furthermore, the favorable government policies is another major factor, which is likely to enhance the growth of the market throughout the forecast period.
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The global market for vehicle to grid is competitive in nature and is likely to witness a healthy growth in the next few years. The leading players in the market are focusing on the development of new products, which is likely to offer promising growth opportunities for the market players. Some of the leading players operating in the vehicle to grid market across the globe are DENSO, AC Propulsion, Mitsubishi Motors, Boulder Electric Vehicle, Honda, CORITECH, Tesla Motors, Daimler, AutoPort, Hitachi, Ford Motor Company, Kisensum, and Nissan.