According to a report by Research and Markets, the global electric vehicle V2G charger market is expected to grow at a CAGR of 50.05% during the period 2018-2022.

One trend in the electric vehicle V2G charger market is the rapid deployment of smart grids. Smart grids include monitoring and data collection systems, smart meters, and other communication networks. This enables the smart grid to provide the necessary platform for vehicle grid infrastructure.

According to the report, a driving factor for the market is better technological advancements. The increasing adoption of electric vehicles is driven by the need to reduce dependence on fossil fuels and reduce pollution, as well as incentives from governments to create the necessary infrastructure.

In addition, the report states that one of the major challenges in the market is the high infrastructure costs. v2g services require extensive charging and discharging facilities to enable the batteries to reach their full potential. The number of electric vehicles providing V2G services makes it an expensive process.