Electric Vehicle Tire Market – Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028, Segmented By Vehicle Type (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two Wheelers, and OTR), By Demand Category (OEM and Replacement), By Tire Construction Type (Radial and Bias), By Propulsion Type (BEV, HEV and PHEV) and By Region

  • Industry : Automotive
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Summary

Report Description

Forecast Period

2024-2028

Market Size (2022)

USD 57.83 Billion

CAGR (2023-2028)

7.47%

Fastest Growing Segment

Radial

Largest Market

Asia-Pacific


Global Electric Vehicle Tire market is expected to grow at a decent growth rate due to rising penetration of electric vehicles, globally. The growing emphasis on tire performance in terms of number of years it can serve on the road, the maintenance factors included during product usage, the safety features provided by the tires on the road, and technological advancements made for longer tire life have encouraged the leading market players to develop better products over time. Electric vehicles typically require better and more advanced tires than internal combustion vehicles due to the increased body weight of the vehicle and the batteries, which has a significant impact on the total resistance it presents during the initial motion of the vehicle from a state of rest. The drive for electric mobility and EV-specific tires continues to be strong, thanks in large part to constant government and business support. Despite significant previous development of 'green' tires in previous years, the accelerating market expansion of EVs requires tire makers to draw innovation in areas such as supporting increased vehicle weight and torque, extending battery range through reduced rolling resistance, and delivering a nearly silent ride for passenger comfort in the vehicle cabin. The Electric Vehicle Tires are made to support the added weight of an electric powertrain, tires for electric cars are different from tires for combustion-engine vehicles in terms of road noise reduction and range extension. However, they must also adhere to the same standards for safety on dry and wet roads, braking distances, steering accuracy, and other factors as traditional tires.

The electric vehicle tires give in the increased torque necessary during the vehicle's first motion from a standstill. The noise produced by conventional tires differs when compared to electric vehicle tires, with the former producing far more noise than the latter, which is covered by the car's internal combustion engine. This noise is considerably reduced for the electric car, and the interior of the electric vehicle is far quieter than that of its competitors. The increasing penetration of the electric vehicle globally will lead to the rise in demand of electric vehicle tires. All these factors are influencing the demand of electric vehicle tires, globally.

Market Overview

Global Electric Vehicle Tire Market Drivers

Significant advancements in tire technology are propelling the electric car tire industry forward. Manufacturers are working on specialized tires that can withstand the weight and torque of electric cars while simultaneously delivering improved grip and a longer tread life. Low rolling resistance tires, regenerative braking tires, and noise-reducing tires are among the examples of improvements in the tire industry. The desire to cut carbon emissions and address environmental concerns is driving up the demand for electric automobiles. Electric cars need specific tires that can support the weight of the battery while also reducing rolling resistance and increasing driving range. The electric vehicle tire industry is growing more competitive as more manufacturers enter the market. This rivalry is pushing innovation and new product creation as firms strive to separate themselves from their competitors. Customers gain from more competition as well since it provides more options and lower pricing. The increasing adoption of electric vehicles in different regions is leading to the rise in the demand of electric vehicle specific tires for better vehicle efficiency and dynamics.

Global Electric Vehicle Tire Market Trends

The development of more ecologically friendly electric vehicle tires is being driven by sustainability. Manufacturers are looking at novel materials and procedures that will lessen the environmental effect of tire manufacture while also increasing tire life. These improvements also include the use of natural rubber and bio-based materials, increased production efficiency, and tire design for longer use. Similarly, as autonomous, and high-end electric cars are also expected to become common, there will be a larger demand for specialized tires that can offer the essential grip, enhanced vehicle efficiency in electric vehicles. These electric vehicle tires must be able to withstand a variety of driving circumstances, including rainy and dry weather, as well as temperature fluctuations

Global Electric Vehicle Tire Market Challenges

There are many factors that are expected to restrict the growth of the global Electric Vehicle Tire market like the price of the specialized materials and manufacturing techniques required and the cost of electric vehicle tires when compared with ordinary tires. This may hinder the uptake of electric vehicles and put manufacturers under pressure to cut prices while maintaining quality. The availability of infrastructure like charging stations and maintenance facilities is critical to the success of the electric car market. The higher cost of the electric vehicle tires increases the overall vehicle cost and therefore the vehicle manufacturers are looking for cost effective tires for electric vehicles so tires manufacturers may face difficulty in meeting the requirements of the OEM’s. The absence of charging outlets in some places may limit electric car usage, hence hampering the demand for electric vehicle tires.

Recent Developments

Global tire manufacturers are developing tires for electric vehicles to meet the requirements of the OEMs as the sales of the electric vehicles is expected to rise and the demand for electric vehicle specific tires is also rising form the vehicle manufacturers. Continental global tire manufacturer has upgraded its electric vehicle tire testing facilities. The company has charging infrastructure at its electric vehicles tire testing sites in Arvidsjaur in Sweden, Jeversen in Germany, and Uvalde in the USA. Similarly, ZC Rubber has launched first EV tire series in China named EV Pro line-up. JK Tyres,an india based tire manufacturer, has also launched EV tire in the aftermarket with the name Ranger X-AT tires. The Omni United, a Singapore-based tire manufacturer, has revealed its electric vehicle tire strategy and has planned to focus on sustainable and environment friendly tires. The electric vehicle tire by Omni United is built on its existing Radar Tire platforms. The company has also collaborated with Italian automotive design house GFG Style for designing electric vehicle tires.  The Toyo tire corporation has also developed concept of airless tires similarly most of the key players are also developing such category.

Market Opportunity

The growing demand for electric vehicles is expected to generate new opportunities for the global electric vehicle tire market in the forecast years, as many regional governments are influencing the adoption of electric vehicles by providing subsidies and incentives. Similarly, to meet the carbon emission norms, every country is focusing on green and sustainable transport across the globe. Therefore, the rise in electric vehicle sales is expected to become a big opportunity for the global tire manufacturers operating in the tire industry.

Company Insights

The Michelin Group is the leading tire manufacturer across the globe with a wide product portfolio of electric vehicle tires. The company is continuously developing low resistance tires as per the electric vehicle OEM needs. Similarly, there are other players like Bridgestone Corporation which has developed ultra-low rolling resistance tires for BMW electric vehicles. Goodyear Tire and Rubber Company has also developed electric vehicle tires named Range Max RSD for higher cargo vehicle needs. Other key players that are developing tires of low rolling resistance for electric vehicle needs are Continental AG, Sumitomo Rubber Industries, Ltd., Hankook Tire & Technology Co., Ltd., Pirelli & C. S.p.A., The Yokohama Rubber Co., Ltd., Zhongce Rubber Group Co., Ltd., etc.


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Market Segmentation

The Global Electric Vehicle Tire Market is segmented By Vehicle Type, By Demand Category, By Tire Construction Type, By Propulsion Type and By Region. Based on Vehicle Type, the market is segmented into Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two Wheelers, and OTR. Based on Demand Category, the market is segmented by OEM and Replacement. Based on Tire Construction Type the market is segmented into Radial and Bias. By Propulsion Type the market is divided into BEV, HEV and PHEV. The market analysis also studies the region wise segmentation to devise market.

Company Profiles

The Michelin Group, Bridgestone Corporation, Continental AG, Goodyear Tire and Rubber Company, Sumitomo Rubber Industries, Ltd., Hankook Tire & Technology Co., Ltd., Pirelli & C. S.p.A., The Yokohama Rubber Co., Ltd., Zhongce Rubber Group Co., Ltd., Toyo Tire Corporation are the leading companies globally operating in the electric vehicle tire market.

Attribute

Details

Base Year

2022

Historical Years

2018 – 2022

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Billion, Volume in Million Units, and CAGR for 2018-2022 and 2023-2028

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

By Vehicle Type

By Demand Category

By Tire Construction Type

By Propulsion Type

By Region

Regional Scope

Asia-Pacific, North America, South America, Europe & CIS, Middle East & Africa

Country Scope

United States, Canada, Mexico, United Kingdom, Germany, France, Italy, Spain, Russia, China, Japan, India, Malaysia, Indonesia, Vietnam, South Korea, Mexico, Brazil, Colombia.

Key Companies Profiled

The Michelin Group, Bridgestone Corporation, Continental AG, Goodyear Tire and Rubber Company, Sumitomo Rubber Industries, Ltd., Hankook Tire & Technology Co., Ltd., Pirelli & C. S.p.A., The Yokohama Rubber Co., Ltd., Zhongce Rubber Group Co., Ltd., Toyo Tire Corporation

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)


Report Scope:

In this report, Global Electric Vehicle Tire Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

·         Electric Vehicle Tire Market, By Vehicle Type:

    • Passenger Car
    • Light Commercial Vehicle
    • Medium & Heavy Commercial Vehicle
    • Two Wheelers
    • OTR
  • Electric Vehicle Tire Market, By Demand Category:
    • OEM
    • Replacement
  • Electric Vehicle Tire Market, By Tire Construction Type:
    • Radial
    • Bias
  • Electric Vehicle Tire Market, By Propulsion Type:
    • BEV
    • HEV
    • PHEV
  • Electric Vehicle Tire Market, By Region:
    • Asia-Pacific
      • China
      • India
      • Japan
      • Malaysia
      • Thailand
      • Indonesia
      • Vietnam
      • South Korea
    • North America
      • United States
      • Canada
      • Mexico
    • Europe & CIS
      • Germany
      • France
      • United Kingdom
      • Spain
      • Italy
      • Belgium
      • Russia
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East & Africa
      • South Africa
      • UAE
      • Saudi Arabia
      • Egypt

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Global Electric Vehicle Tire Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Global Electric Vehicle Tire Market is an upcoming report to be released soon. If you wish early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1.    Introduction

1.1.  Product Overview

1.2.  Key Highlights of the Report

1.3.  Market Coverage

1.4.  Market Segments Covered

1.5.  Research Tenure Considered

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Market Overview

3.2.  Market Forecast

3.3.  Key Regions

3.4.  Key Segments

4.    Impact of COVID-19 on Global Electric Vehicle Tire Market

5.    Voice of Customer

5.1.  Factors Influencing Purchase Decision

5.2.  Brand Awareness

5.3.  Challenges/Unmet Needs

6.    Global Electric Vehicle Tire Market Outlook

6.1.  Market Size & Forecast

6.1.1.     By Value and Volume

6.2.  Market Share & Forecast

6.2.1.     By Vehicle Type Market Share Analysis (Passenger Car, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two Wheelers, and OTR)

6.2.2.     By Demand Category Market Share Analysis (OEM and Replacement)

6.2.3.     By Tire Construction Type Market Share Analysis (Radial and Bias)

6.2.4.     By Propulsion Type Market Share Analysis (BEV, HEV and PHEV)

6.2.5.     By Regional Market Share Analysis

6.2.5.1.         North America Market Share Analysis

6.2.5.2.         Europe Market Share Analysis

6.2.5.3.         Asia Pacific Market Share Analysis

6.2.5.4.         South America Market Share Analysis

6.2.5.5.         Middle East & Africa Market Share Analysis

6.2.6.     By Company Market Share Analysis (Top 5 Companies, Others – By Value - 2022)

6.3.  6.        Global Electric Vehicle Tire Market Mapping & Opportunity Assessment

6.3.1.     By Vehicle Type Market Mapping & Opportunity Assessment

6.3.2.     By Demand Category Market Mapping & Opportunity Assessment

6.3.3.     By Tire Construction Type Market Mapping & Opportunity Assessment

6.3.4.     By Propulsion Type Market Mapping & Opportunity Assessment

6.3.5.     By Regional Market Mapping & Opportunity Assessment

7.    North America Electric Vehicle Tire Market Outlook

7.1.  Market Size & Forecast          

7.1.1.     By Value and Volume

7.2.  Market Share & Forecast

7.2.1.     By Vehicle Type Market Share Analysis

7.2.2.     By Demand Category Market Share Analysis

7.2.3.     By Tire Construction Type Market Share Analysis

7.2.4.     By Propulsion Type Market Share Analysis

7.2.5.     By Country Market Share Analysis

7.2.5.1.         United States Market Share Analysis

7.2.5.2.         Canada Market Share Analysis

7.2.5.3.         Mexico Market Share Analysis

7.3.  North America: Country Analysis

7.3.1.     United States Electric Vehicle Tire Market Outlook

7.3.1.1.         Market Size & Forecast

7.3.1.1.1.             By Value and Volume

7.3.1.2.         Market Share & Forecast

7.3.1.2.1.             By Vehicle Type Market Share Analysis

7.3.1.2.2.             By Demand Category Market Share Analysis

7.3.1.2.3.             By Tire Construction Type Market Share Analysis

7.3.1.2.4.             By Propulsion Type Market Share Analysis

7.3.2.     Canada Electric Vehicle Tire Market Outlook

7.3.2.1.         Market Size & Forecast

7.3.2.1.1.             By Value and Volume

7.3.2.2.         Market Share & Forecast

7.3.2.2.1.             By Vehicle Type Market Share Analysis

7.3.2.2.2.             By Demand Category Market Share Analysis

7.3.2.2.3.             By Tire Construction Type Market Share Analysis

7.3.2.2.4.             By Propulsion Type Market Share Analysis

7.3.3.     Mexico Electric Vehicle Tire Market Outlook

7.3.3.1.         Market Size & Forecast

7.3.3.1.1.             By Value and Volume

7.3.3.2.         Market Share & Forecast

7.3.3.2.1.             By Vehicle Type Market Share Analysis

7.3.3.2.2.             By Demand Category Market Share Analysis

7.3.3.2.3.             By Tire Construction Type Market Share Analysis

7.3.3.2.4.             By Propulsion Type Market Share Analysis

8.    Asia Pacific Electric Vehicle Tire Market Outlook

8.1.  Market Size & Forecast

8.1.1.     By Value and Volume

8.2.  Market Share & Forecast

8.2.1.     By Vehicle Type Market Share Analysis

8.2.2.     By Demand Category Market Share Analysis

8.2.3.     By Tire Construction Type Market Share Analysis

8.2.4.     By Propulsion Type Market Share Analysis

8.2.5.     By Country Market Share Analysis

8.2.5.1.         China Market Share Analysis

8.2.5.2.         India Market Share Analysis

8.2.5.3.         Japan Market Share Analysis

8.2.5.4.         Malaysia Market Share Analysis

8.2.5.5.         Thailand Market Share Analysis

8.2.5.6.         Indonesia Market Share Analysis

8.2.5.7.         Vietnam Market Share Analysis

8.2.5.8.         South Korea Market Share Analysis

8.2.5.9.         Rest of Asia Pacific Market Share Analysis

8.3.  Asia Pacific: Country Analysis

8.3.1.     China Electric Vehicle Tire Market Outlook

8.3.1.1.         Market Size & Forecast

8.3.1.1.1.             By Value and Volume

8.3.1.2.         Market Share & Forecast

8.3.1.2.1.             By Vehicle Type Market Share Analysis

8.3.1.2.2.             By Demand Category Market Share Analysis

8.3.1.2.3.             By Tire Construction Type Market Share Analysis

8.3.1.2.4.             By Propulsion Type Market Share Analysis

8.3.2.     India Electric Vehicle Tire Market Outlook

8.3.2.1.         Market Size & Forecast

8.3.2.1.1.             By Value and Volume

8.3.2.2.         Market Share & Forecast

8.3.2.2.1.             By Vehicle Type Market Share Analysis

8.3.2.2.2.             By Demand Category Market Share Analysis

8.3.2.2.3.             By Tire Construction Type Market Share Analysis

8.3.2.2.4.             By Propulsion Type Market Share Analysis

8.3.3.     Japan Electric Vehicle Tire Market Outlook

8.3.3.1.         Market Size & Forecast

8.3.3.1.1.             By Value and Volume

8.3.3.2.         Market Share & Forecast

8.3.3.2.1.             By Vehicle Type Market Share Analysis

8.3.3.2.2.             By Demand Category Market Share Analysis

8.3.3.2.3.             By Tire Construction Type Market Share Analysis

8.3.3.2.4.             By Propulsion Type Market Share Analysis

8.3.4.     Malaysia Electric Vehicle Tire Market Outlook

8.3.4.1.         Market Size & Forecast

8.3.4.1.1.             By Value and Volume

8.3.4.2.         Market Share & Forecast

8.3.4.2.1.             By Vehicle Type Market Share Analysis

8.3.4.2.2.             By Demand Category Market Share Analysis

8.3.4.2.3.             By Tire Construction Type Market Share Analysis

8.3.4.2.4.             By Propulsion Type Market Share Analysis

8.3.5.     Thailand Electric Vehicle Tire Market Outlook

8.3.5.1.         Market Size & Forecast

8.3.5.1.1.             By Value and Volume

8.3.5.2.         Market Share & Forecast

8.3.5.2.1.             By Vehicle Type Market Share Analysis

8.3.5.2.2.             By Demand Category Market Share Analysis

8.3.5.2.3.             By Tire Construction Type Market Share Analysis

8.3.5.2.4.             By Propulsion Type Market Share Analysis

8.3.6.     Indonesia Electric Vehicle Tire Market Outlook

8.3.6.1.         Market Size & Forecast

8.3.6.1.1.             By Value and Volume

8.3.6.2.         Market Share & Forecast

8.3.6.2.1.             By Vehicle Type Market Share Analysis

8.3.6.2.2.             By Demand Category Market Share Analysis

8.3.6.2.3.             By Tire Construction Type Market Share Analysis

8.3.6.2.4.             By Propulsion Type Market Share Analysis

8.3.7.     Vietnam Electric Vehicle Tire Market Outlook

8.3.7.1.         Market Size & Forecast

8.3.7.1.1.             By Value and Volume

8.3.7.2.         Market Share & Forecast

8.3.7.2.1.             By Vehicle Type Market Share Analysis

8.3.7.2.2.             By Demand Category Market Share Analysis

8.3.7.2.3.             By Tire Construction Type Market Share Analysis

8.3.7.2.4.             By Propulsion Type Market Share Analysis

8.3.8.     South Korea Electric Vehicle Tire Market Outlook

8.3.8.1.         Market Size & Forecast

8.3.8.1.1.             By Value and Volume

8.3.8.2.         Market Share & Forecast

8.3.8.2.1.             By Vehicle Type Market Share Analysis

8.3.8.2.2.             By Demand Category Market Share Analysis

8.3.8.2.3.             By Tire Construction Type Market Share Analysis

8.3.8.2.4.             By Propulsion Type Market Share Analysis

9.    Europe & CIS Electric Vehicle Tire Market Outlook

9.1.  Market Size & Forecast          

9.1.1.     By Value and Volume

9.2.  Market Share & Forecast

9.2.1.     By Vehicle Type Market Share Analysis

9.2.2.     By Demand Category Market Share Analysis

9.2.3.     By Tire Construction Type Market Share Analysis

9.2.4.     By Propulsion Type Market Share Analysis

9.2.5.     By Country Market Share Analysis

9.2.5.1.         Germany Market Share Analysis

9.2.5.2.         France Market Share Analysis

9.2.5.3.         United Kingdom Market Share Analysis

9.2.5.4.         Spain Market Share Analysis

9.2.5.5.         Italy Market Share Analysis

9.2.5.6.         Belgium Market Share Analysis

9.2.5.7.         Russia Market Share Analysis

9.2.5.8.         Rest of Europe & CIS Market Share Analysis

9.3.  Europe & CIS: Country Analysis

9.3.1.     Germany Electric Vehicle Tire Market Outlook

9.3.1.1.         Market Size & Forecast

9.3.1.1.1.             By Value and Volume

9.3.1.2.         Market Share & Forecast

9.3.1.2.1.             By Vehicle Type Market Share Analysis

9.3.1.2.2.             By Demand Category Market Share Analysis

9.3.1.2.3.             By Tire Construction Type Market Share Analysis

9.3.1.2.4.             By Propulsion Type Market Share Analysis

9.3.2.     France Electric Vehicle Tire Market Outlook

9.3.2.1.         Market Size & Forecast

9.3.2.1.1.             By Value and Volume

9.3.2.2.         Market Share & Forecast

9.3.2.2.1.             By Vehicle Type Market Share Analysis

9.3.2.2.2.             By Demand Category Market Share Analysis

9.3.2.2.3.             By Tire Construction Type Market Share Analysis

9.3.2.2.4.             By Propulsion Type Market Share Analysis

9.3.3.     United Kingdom Electric Vehicle Tire Market Outlook

9.3.3.1.         Market Size & Forecast

9.3.3.1.1.             By Value and Volume

9.3.3.2.         Market Share & Forecast

9.3.3.2.1.             By Vehicle Type Market Share Analysis

9.3.3.2.2.             By Demand Category Market Share Analysis

9.3.3.2.3.             By Tire Construction Type Market Share Analysis

9.3.3.2.4.             By Propulsion Type Market Share Analysis

9.3.4.     Spain Electric Vehicle Tire Market Outlook

9.3.4.1.         Market Size & Forecast

9.3.4.1.1.             By Value and Volume

9.3.4.2.         Market Share & Forecast

9.3.4.2.1.             By Vehicle Type Market Share Analysis

9.3.4.2.2.             By Demand Category Market Share Analysis

9.3.4.2.3.             By Tire Construction Type Market Share Analysis

9.3.4.2.4.             By Propulsion Type Market Share Analysis

9.3.5.     Italy Electric Vehicle Tire Market Outlook

9.3.5.1.         Market Size & Forecast

9.3.5.1.1.             By Value and Volume

9.3.5.2.         Market Share & Forecast

9.3.5.2.1.             By Vehicle Type Market Share Analysis

9.3.5.2.2.             By Demand Category Market Share Analysis

9.3.5.2.3.             By Tire Construction Type Market Share Analysis

9.3.5.2.4.             By Propulsion Type Market Share Analysis

9.3.6.     Belgium Electric Vehicle Tire Market Outlook

9.3.6.1.         Market Size & Forecast

9.3.6.1.1.             By Value and Volume

9.3.6.2.         Market Share & Forecast

9.3.6.2.1.             By Vehicle Type Market Share Analysis

9.3.6.2.2.             By Demand Category Market Share Analysis

9.3.6.2.3.             By Tire Construction Type Market Share Analysis

9.3.6.2.4.             By Propulsion Type Market Share Analysis

9.3.7.     Russia Electric Vehicle Tire Market Outlook

9.3.7.1.         Market Size & Forecast

9.3.7.1.1.             By Value and Volume

9.3.7.2.         Market Share & Forecast

9.3.7.2.1.             By Vehicle Type Market Share Analysis

9.3.7.2.2.             By Demand Category Market Share Analysis

9.3.7.2.3.             By Tire Construction Type Market Share Analysis

9.3.7.2.4.             By Propulsion Type Market Share Analysis

10.  South America Electric Vehicle Tire Market Outlook

10.1.              Market Size & Forecast

10.1.1.  By Value and Volume

10.2.              Market Share & Forecast

10.2.1.  By Vehicle Type Market Share Analysis

10.2.2.  By Demand Category Market Share Analysis

10.2.3.  By Tire Construction Type Market Share Analysis

10.2.4.  By Propulsion Type Market Share Analysis

10.2.5.  By Country Market Share Analysis

10.2.5.1.      Brazil Market Share Analysis

10.2.5.2.      Argentina Market Share Analysis

10.2.5.3.      Colombia Market Share Analysis

10.2.5.4.      Rest of South America Market Share Analysis

10.3.              South America: Country Analysis

10.3.1.  Brazil Electric Vehicle Tire Market Outlook

10.3.1.1.      Market Size & Forecast

10.3.1.1.1.           By Value and Volume

10.3.1.2.      Market Share & Forecast

10.3.1.2.1.           By Vehicle Type Market Share Analysis

10.3.1.2.2.           By Demand Category Market Share Analysis

10.3.1.2.3.           By Tire Construction Type Market Share Analysis

10.3.1.2.4.           By Propulsion Type Market Share Analysis

10.3.2.  Argentina Electric Vehicle Tire Market Outlook

10.3.2.1.      Market Size & Forecast

10.3.2.1.1.           By Value and Volume

10.3.2.2.      Market Share & Forecast

10.3.2.2.1.           By Vehicle Type Market Share Analysis

10.3.2.2.2.           By Demand Category Market Share Analysis

10.3.2.2.3.           By Tire Construction Type Market Share Analysis

10.3.2.2.4.           By Propulsion Type Market Share Analysis

10.3.3.  Colombia Electric Vehicle Tire Market Outlook

10.3.3.1.      Market Size & Forecast

10.3.3.1.1.           By Value and Volume

10.3.3.2.      Market Share & Forecast

10.3.3.2.1.           By Vehicle Type Market Share Analysis

10.3.3.2.2.           By Demand Category Market Share Analysis

10.3.3.2.3.           By Tire Construction Type Market Share Analysis

10.3.3.2.4.           By Propulsion Type Market Share Analysis

11.  Middle East and Africa Electric Vehicle Tire Market Outlook

11.1.              Market Size & Forecast

11.1.1.  By Value and Volume

11.2.              Market Share & Forecast

11.2.1.  By Vehicle Type Market Share Analysis

11.2.2.  By Demand Category Market Share Analysis

11.2.3.  By Tire Construction Type Market Share Analysis

11.2.4.  By Propulsion Type Market Share Analysis

11.2.5.  By Country Market Share Analysis

11.2.5.1.      South Africa Market Share Analysis

11.2.5.2.      UAE Market Share Analysis

11.2.5.3.      Saudi Arabia Market Share Analysis

11.2.5.4.      Egypt Market Share Analysis

11.2.5.5.      Rest of Middle East & Africa Market Share Analysis

11.3.              Middle East and Africa: Country Analysis

11.3.1.  South Africa Electric Vehicle Tire Market Outlook

11.3.1.1.      Market Size & Forecast

11.3.1.1.1.           By Value and Volume

11.3.1.2.      Market Share & Forecast

11.3.1.2.1.           By Vehicle Type Market Share Analysis

11.3.1.2.2.           By Demand Category Market Share Analysis

11.3.1.2.3.           By Tire Construction Type Market Share Analysis

11.3.1.2.4.           By Propulsion Type Market Share Analysis

11.3.2.  UAE Electric Vehicle Tire Market Outlook

11.3.2.1.      Market Size & Forecast

11.3.2.1.1.           By Value and Volume

11.3.2.2.      Market Share & Forecast

11.3.2.2.1.           By Vehicle Type Market Share Analysis

11.3.2.2.2.           By Demand Category Market Share Analysis

11.3.2.2.3.           By Tire Construction Type Market Share Analysis

11.3.2.2.4.           By Propulsion Type Market Share Analysis

11.3.3.  Saudi Arabia Electric Vehicle Tire Market Outlook

11.3.3.1.      Market Size & Forecast

11.3.3.1.1.           By Value and Volume

11.3.3.2.      Market Share & Forecast

11.3.3.2.1.           By Vehicle Type Market Share Analysis

11.3.3.2.2.           By Demand Category Market Share Analysis

11.3.3.2.3.           By Tire Construction Type Market Share Analysis

11.3.3.2.4.           By Propulsion Type Market Share Analysis

11.3.4.  Egypt Electric Vehicle Tire Market Outlook

11.3.4.1.      Market Size & Forecast

11.3.4.1.1.           By Value and Volume

11.3.4.2.      Market Share & Forecast

11.3.4.2.1.           By Vehicle Type Market Share Analysis

11.3.4.2.2.           By Demand Category Market Share Analysis

11.3.4.2.3.           By Tire Construction Type Market Share Analysis

11.3.4.2.4.           By Propulsion Type Market Share Analysis

12.  Market Dynamics

12.1.              Market Drivers

12.2.              Market Challenges

13.  Market Trends & Developments

14.  Porter’s Five Forces Model

14.1.              Competitive Rivalry

14.2.              Bargaining Power of Buyers

14.3.              Bargaining Power of Suppliers

14.4.              Threat of New Entrants

14.5.              Threat of Substitutes

15.  Competitive Landscape

15.1.              Company Profiles (Up to 10 Major Companies)

15.1.1.  Hero MotoCorp Ltd.

15.1.1.1.      Company Details

15.1.1.2.      Key Products Offered

15.1.1.3.      Recent Development

15.1.1.4.      Key Management Personnel

15.1.2.  Bajaj Auto Ltd.

15.1.2.1.      Company Details

15.1.2.2.      Key Products Offered

15.1.2.3.      Recent Development

15.1.2.4.      Key Management Personnel

15.1.3.  Yamaha Motor Co., Ltd.

15.1.3.1.      Company Details

15.1.3.2.      Key Products Offered

15.1.3.3.      Recent Development

15.1.3.4.      Key Management Personnel

15.1.4.  Piaggio & C. S.p.A.

15.1.4.1.      Company Details

15.1.4.2.      Key Products Offered

15.1.4.3.      Recent Development

15.1.4.4.      Key Management Personnel

15.1.5.  TVS Motor Company Limited

15.1.5.1.      Company Details

15.1.5.2.      Key Products Offered

15.1.5.3.      Recent Development

15.1.5.4.      Key Management Personnel

15.1.6.  Harley Davidson

15.1.6.1.      Company Details

15.1.6.2.      Key Products Offered

15.1.6.3.      Recent Development

15.1.6.4.      Key Management Personnel

15.1.7.  Suzuki Motor Corporation

15.1.7.1.      Company Details

15.1.7.2.      Key Products Offered

15.1.7.3.      Recent Development

15.1.7.4.      Key Management Personnel

15.1.8.  Kawasaki Heavy Industries, Ltd.

15.1.8.1.      Company Details

15.1.8.2.      Key Products Offered

15.1.8.3.      Recent Development

15.1.8.4.      Key Management Personnel

15.1.9.  Honda Motor Co., Ltd

15.1.9.1.      Company Details

15.1.9.2.      Key Products Offered

15.1.9.3.      Recent Development

15.1.9.4.      Key Management Personnel

15.1.10.                BMW Motorrad

15.1.10.1.    Company Details

15.1.10.2.    Key Products Offered

15.1.10.3.    Recent Development

15.1.10.4.    Key Management Personnel

16.  Strategic Recommendations

16.1.              Key Focus Areas

16.1.1.  Target Regions & Countries

16.1.2.  Target Vehicle Type

16.1.3.  Target Demand Category

17. About Us & Disclaimer

Figures and Tables

Frequently asked questions

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The increase in the adoption of the electric vehicles globally and the influence of regional governments for the adoption of electric vehicles are factors driving the growth of the Global Electric Vehicle Tire market.

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Global Electric Vehicle Tire Market by Vehicle type is segmented into Passenger Cars, Light Commercial Vehicle, Medium & Heavy Commercial Vehicle, Two Wheelers, and OTR. The passenger cars segment has highest market share.

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The major player contributing Global Electric Vehicle Tire Market are The Michelin Group, Bridgestone Corporation, Continental AG, Goodyear Tire and Rubber Company, Sumitomo Rubber Industries, Ltd., Hankook Tire & Technology Co., Ltd etc.

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Asia-Pacific is the leading region in the market globally, followed by Europe and North America and in the forecast years, Asia Pacific is expected to maintain its top position in the Global Electric Vehicle Tire Market.

Related Reports

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Srishti Verma

Business Consultant
Press Release

Electric Vehicle Tire Market is Dominated by Asia-Pacific Until 2028

Jun, 2023

Global Electric Vehicle Tire Market is expected to grow as the adoption of electric vehicles is expected to rise rapidly in the forecast years.

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