Vehicle-To-Building (V2B) Power Electronics Market Revenue Is Expected To Reach $5.15 Billion By 2030


 How Much Growth Is Anticipated In The Vehicle-To-Building (V2B) Power Electronics Market Size From 2026 To 2035?

The vehicle-to-building (v2b) power electronics market size has grown exponentially in recent years. It will grow from $1.54 billion in 2025 to $1.96 billion in 2026 at a compound annual growth rate (CAGR) of 27.5%. The growth in the historic period can be attributed to early ev adoption, growing building electrification, rising renewable energy installations, initial smart grid implementations, regulatory incentives for energy efficiency.

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.

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What Drivers Are Contributing To The Expansion Trajectory 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.

Which Primary Segments Are Included In The Detailed Analysis Of The Vehicle-To-Building (V2B) Power Electronics Market?
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

What Key Market Trends Are Contributing To The Ongoing Development Of The Vehicle-To-Building (V2B) Power Electronics Market?
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.

Which Major Corporations Play A Crucial Role In The Vehicle-To-Building (V2B) Power Electronics Market Landscape?
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.

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Which Geographical Region Is Projected To Lead The Vehicle-To-Building (V2B) Power Electronics Market Throughout The Forecast Period?
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.

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