Vehicle-To-Building (V2B) Power Electronics Market Report 2026

Vehicle-To-Building (V2B) Power Electronics Market Overview

• Vehicle-To-Building (V2B) Power Electronics market size has reached to $1.54 billion in 2025 • Expected to grow to $5.15 billion in 2030 at a compound annual growth rate (CAGR) of 27.3% • Growth Driver: The Increasing Adoption Of Electric Vehicles Driving The Growth Of The Market Due To Rising Environmental Concerns • Market Trend: Wallbox And Bidirectional Energy Partner To Deploy V2X Chargers In California • Asia-Pacific was the largest region in 2025.

What Is Covered Under Vehicle-To-Building (V2B) Power Electronics Market?

Vehicle-to-building (v2b) power electronics refers to the technology that enables electric vehicles to supply stored energy from their batteries back to a building’s electrical system. It manages the bidirectional flow of electricity, ensuring safe, efficient, and stable power transfer between the vehicle and the building. The main components of vehicle-to-building (V2B) power electronics are converters, inverters, controllers, power management systems, and other components. Converters are devices that enable electric vehicles to transfer stored battery energy to a building by efficiently converting direct current from the vehicle into usable alternating current for building loads. These systems are applied across different vehicle types, such as electric vehicles, plug-in hybrid vehicles, and fuel cell vehicles. They are available in various power ratings, including low power, medium power, and high power, and serve applications in commercial buildings, residential buildings, industrial buildings, and other applications. Cater to a wide range of end users, including building owners, fleet operators, utilities, and other end users.

What Is The Vehicle-To-Building (V2B) Power Electronics Market Growth Forecast?

The vehicle-to-building (v2b) power electronics market size is expected to see exponential growth in the next few years. It will grow to $5.15 billion in 2030 at a compound annual growth rate (CAGR) of 27.3%. The growth in the forecast period can be attributed to increasing v2b adoption, expansion of smart grid infrastructure, rising energy cost optimization, advances in bidirectional converters, integration with building energy management systems. Major trends in the forecast period include vehicle-to-building (v2b) integration, bidirectional energy flow management, smart energy storage solutions, grid-interactive electric vehicles, advanced power electronics safety features.

Global Vehicle-To-Building (V2B) Power Electronics Market Segmentation

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

What Is The Driver Of The Vehicle-To-Building (V2B) Power Electronics Market?

The increasing adoption of electric vehicles is expected to propel the growth of the vehicle-to-building power electronics market going forward. Electric vehicles (EVs) are vehicles that are powered entirely or partially by electricity stored in rechargeable batteries, instead of relying solely on conventional internal combustion engines. The rising adoption of electric vehicles is due to environmental concerns, as they produce lower greenhouse gas emissions and reduce air pollution compared to conventional vehicles. Vehicle-to-building power electronics enable EVs to transfer stored energy back to buildings, which can enhance grid stability, reduce energy costs, and increase the overall value of EV ownership. For instance, in January 2025, according to Cox Automotive, a US-based system software company, electric vehicle (EV) sales in 2023 were revised upward to 1,212,758 units, representing a 49% increase compared to 2022, and continued to grow in 2024, rising by 7.3% to reach 1,301,411 units. Therefore, the increasing adoption of electric vehicles is driving the growth of the vehicle-to-building power electronics market.

Key Players In The Global 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.

Global Vehicle-To-Building (V2B) Power Electronics Market Trends and Insights

Major companies operating in the the vehicle-to-building power electronics market are adopting a strategic partnership approach to enhance technology integration and expand market reach. A strategic partnership typically refers to a collaborative relationship between two or more organizations where they combine their resources, expertise, and efforts to achieve common goals or objectives. In November 2023, Wallbox, a Spain-based company that provides electric vehicle (EV) charging and energy management solutions, partnered with Bidirectional Energy for the deployment of V2X chargers across California under the California Energy Commission (CEC) REDWDS grant. With this partnership, Wallbox and Bidirectional Energy aim to leverage their respective advanced technologies, combining Wallbox’s second-generation DC bidirectional charger, Quasar 2, with Bidirectional Energy’s EV charger management platform to provide EV owners and building operators with a comprehensive solution that enables bidirectional energy flow, cost savings, and enhanced grid resilience. Bidirectional Energy, US-based company specializes in software that manages vehicle-to-everything (V2X) energy flows, allowing EVs to supply power back to buildings or the grid.

What Are Latest Mergers And Acquisitions In The Vehicle-To-Building (V2B) Power Electronics Market?

In March 2023, ERM Group, a UK-based consulting and advisory firm, partnered with Wallbox to advance the commercialization of vehicle-to-building technology. This partnership aims to accelerate the commercialization of vehicle-to-building technology by demonstrating its practical applications, assessing business models, and enabling buildings to use electric vehicle batteries for energy storage and grid flexibility. Wallbox N.V. is a Spain-based company that offers Vehicle-to-Building (V2B) power electronics.

Regional Outlook

Asia-Pacific was the largest region in the vehicle-to-building (V2B) power electronics market in 2025. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Vehicle-To-Building (V2B) Power Electronics Market?

The vehicle-to-building (V2B) power electronics market consists of sales of microgrid controllers, energy management systems, smart meters and communication interfaces, battery management systems, and advanced power distribution units. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified). The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Vehicle-To-Building (V2B) Power Electronics Market Report 2026?

The vehicle-to-building (v2b) power electronics market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the vehicle-to-building (v2b) power electronics industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.