The Business Research Company’s 2026 market reports are designed to deliver research that is more actionable and strategically valuable. Key offerings include market attractiveness scoring, total addressable market sizing, company benchmarking matrices, interactive Excel dashboards, deeper supply chain intelligence, emerging startup tracking, and granular product-level insights.
Vehicle-To-Building (V2B) Power Electronics Market Size, Growth Rate And Key Forecast Highlights For 2026–2030
The market size for vehicle-to-building (V2B) power electronics has experienced significant exponential growth in recent years. This market is forecasted to increase from $1.54 billion in 2025 to $1.96 billion in 2026, at a compound annual growth rate (CAGR) of 27.5%. Historically, this expansion has been driven by factors such as early electric vehicle (EV) adoption, increasing building electrification, rising renewable energy installations, initial smart grid implementations, and regulatory incentives aimed at energy efficiency.
The vehicle-to-building (v2b) power electronics market is poised for significant expansion in the near future. It will grow to $5.15 billion in 2030 at a compound annual growth rate (CAGR) of 27.3%. This projected growth is largely fueled by increasing v2b adoption, the expansion of smart grid infrastructure, initiatives for energy cost optimization, advancements in bidirectional converters, and the integration with building energy management systems. Prominent trends observed during this forecast period include vehicle-to-building (v2b) integration, efficient bidirectional energy flow management, the development of smart energy storage solutions, the rise of grid-interactive electric vehicles, and enhanced power electronics safety features.
See What’s Inside The Vehicle-To-Building (V2B) Power Electronics Market Report With A Free Sample:
Vehicle-To-Building (V2B) Power Electronics Market Expansion: The Major Factor Driving Growth
The escalating integration of electric vehicles is projected to boost the expansion of the vehicle-to-building power electronics market in the coming years. EVs are vehicles that derive their power either fully or partly from electricity stored in rechargeable batteries, rather than exclusively from traditional internal combustion engines. This surge in EV uptake stems from ecological considerations, given their capacity to generate fewer greenhouse gas emissions and mitigate air pollution relative to conventional automobiles. Vehicle-to-building power electronics facilitate the return of stored energy from EVs to buildings, thereby improving grid stability, lowering energy expenditures, and elevating the total worth of owning an EV. As an illustration, Cox Automotive, a US-based system software company, reported in January 2025 that electric vehicle (EV) sales for 2023 were adjusted upwards to 1,212,758 units, marking a 49% rise from 2022, and further expanded in 2024, increasing by 7.3% to total 1,301,411 units. Consequently, the expanding penetration of electric vehicles is stimulating the development of the vehicle-to-building power electronics market.
Understanding Vehicle-To-Building (V2B) Power Electronics Market Segmentation For Strategic Planning
The vehicle-to-building (v2b) power electronics market covered in this report is segmented –
1) By Component: Converters, Inverters, Controllers, Power Management Systems, Other Components
2) By Vehicle Type: Electric Vehicles, Plug-in Hybrid Vehicles, Fuel Cell Vehicles
3) By Power Rating: Low Power, Medium Power, High Power
4) By Application: Commercial Buildings, Residential Buildings, Industrial Buildings, Other Applications
5) By End-User: Building Owners, Fleet Operators, Utilities, Other End-Users
Subsegments:
1) By Converters: Direct Current To Alternating Current Converter, Alternating Current To Direct Current Converter, Bidirectional Converter
2) By Inverters: String Inverter, Central Inverter, Modular Inverter, Hybrid Inverter
3) By Controllers: Voltage Controller, Current Controller, Temperature Controller, Power Factor Controller
4) By Power Management Systems: Energy Management System, Load Management System, Battery Management System, Demand Response System
5) By Other Components: Transformers, Relays, Switches, Sensors, Capacitors
Key Vehicle-To-Building (V2B) Power Electronics Market Trends To Watch In 2026
Leading firms in the vehicle-to-building power electronics market are embracing strategic partnerships to improve technological integration and extend their market presence. Such partnerships generally involve collaboration among multiple organizations, pooling resources, knowledge, and endeavors to achieve shared objectives. For instance, in November 2023, Wallbox, a Spanish provider of electric vehicle (EV) charging and energy management solutions, formed a partnership with Bidirectional Energy to deploy V2X chargers throughout California, supported by the California Energy Commission (CEC) REDWDS grant. Through this collaboration, Wallbox and Bidirectional Energy intend to utilize their advanced technologies; specifically, Wallbox’s Quasar 2, a second-generation DC bidirectional charger, will integrate with Bidirectional Energy’s EV charger management platform. This combined effort seeks to offer EV owners and building operators an exhaustive solution facilitating bidirectional energy transfer, cost reductions, and improved grid stability. Bidirectional Energy, a US-based firm, specializes in software for managing vehicle-to-everything (V2X) energy flows, enabling electric vehicles to return power to buildings or the grid.
Key Companies Active In The Vehicle-To-Building (V2B) Power Electronics Market
Major companies operating in the vehicle-to-building (v2b) power electronics market are Volkswagen Aktiengesellschaft, Mercedes-Benz Aktiengesellschaft, Bayerische Motoren Werke Aktiengesellschaft, Honda Motor Company Limited, HyundAI Motor Company, Build Your Dreams Company Limited, Eaton Corporation plc, Delta Electronics Incorporated, Schneider Electric SE, Enphase Energy Inc., Shenzhen StarCharge Co. Ltd., JET Charge Proprietary Limited., Emporia Energy Inc., Transphorm Inc., Pulsetrain Gesellschaft mit beschränkter Haftung, Infypower Technologies Pvt. Ltd., Nuvve Holding Corp., Wallbox NV, Fuse Power Management Inc.
Explore Detailed Vehicle-To-Building (V2B) Power Electronics Market Research And Forecasts:
Which Geography Dominates The Vehicle-To-Building (V2B) Power Electronics Market?
Asia-Pacific was the largest region in the vehicle-to-building (V2B) power electronics market in 2025. The regions covered in the vehicle-to-building (v2b) power electronics market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Reach Out To Our Team:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas: +1 310-496-7795
Asia: +44 7882 955267 & +91 8897263534
Europe: +44 7882 955267
Email us at: marketing@tbrc.info
Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
