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report thumbnailElectric Vehicle Tires Market

Electric Vehicle Tires Market 28.07 CAGR Growth Outlook 2025-2033

Electric Vehicle Tires Market by Vehicle Type (Passenger Car, Commercial Vehicle), by Propulsion Type (Battery Electric Vehicle (BEV), by Sales Channel (OEM, Aftermarket), by Tire Size (Up to 17”, 18" to 21", Above 21"), by North America (U.S., Canada, Mexico), by Europe (U.K., Germany, France, Rest of Europe), by Asia Pacific (China, India, Japan, Rest of Asia Pacific) Forecast 2026-2034

Jan 26 2025

Base Year: 2025

180 Pages

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Electric Vehicle Tires Market 28.07 CAGR Growth Outlook 2025-2033

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Electric Vehicle Tires Market 28.07 CAGR Growth Outlook 2025-2033


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Key Insights

The Electric Vehicle Tires Market size was valued at USD 17.24 USD Billion in 2023 and is projected to reach USD 97.42 USD Billion by 2032, exhibiting a CAGR of 28.07 % during the forecast period. Electric vehicle tires are designed and engineered to meet the specific needs of electric vehicles. EV tires have features to enhance efficiency, range, and performance. These tires play an important role in supporting the distinct characteristics of electric propulsion systems. EV tires have thicker sidewalls and more robust compounds, either nylon or heavier. They are used in trucks, buses, cars, and others. There are several features of electric vehicle tires, such as low rolling resistance, weight considerations, noise reduction, optimized tread patterns, enhanced durability, thermal management,  and more. Advancements in tire manufacturing technology, materials science, and tread design are driving innovation in the EV tire market. Manufacturers are developing tires with specialized compounds, tread patterns, and construction techniques to meet the unique performance requirements of electric vehicles, including enhanced traction, durability, and efficiency.

Electric Vehicle Tires Market Research Report - Market Overview and Key Insights

Electric Vehicle Tires Market Market Size (In Million)

15.0M
10.0M
5.0M
0
3.290 M
2020
4.020 M
2021
4.830 M
2022
6.130 M
2023
7.750 M
2024
9.760 M
2025
12.26 M
2026
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Electric Vehicle Tires Trends

  • Rising demand for electric vehicles
  • Governments' push for environmentally friendly transportation
  • Technological advancements in tire design
  • Focus on sustainability and circularity
Electric Vehicle Tires Market Market Size and Forecast (2024-2030)

Electric Vehicle Tires Market Company Market Share

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Driving Forces: What's Propelling the Electric Vehicle Tires Market

  • Government incentives for electric vehicle adoption
  • Increasing awareness about environmental concerns
  • Innovations in tire materials and construction
  • Growing demand for high-performance tires

Challenges and Restraints in Electric Vehicle Tires Market

  • High cost of electric vehicle tires
  • Limited availability of charging infrastructure
  • Range anxiety among consumers
  • Competition from traditional tire manufacturers

Emerging Trends in Electric Vehicle Tires

  • Use of recycled materials in tire production
  • Development of smart tires with sensors
  • Personalized tire recommendations based on driving style

Growth Catalysts in Electric Vehicle Tires Industry

  • Accelerating adoption of electric vehicles driven by government incentives, technological advancements, and environmental concerns
  • Increasing investments in electric vehicle research and development, focusing on improving battery life, range, and charging efficiency
  • Strategic partnerships between tire manufacturers and electric vehicle companies, enabling the development of tires specifically tailored for electric vehicles with unique performance requirements
  • Expansion of electric vehicle charging infrastructure, making electric vehicles more convenient and accessible, leading to increased demand for electric vehicle tires
  • Government regulations and policies promoting the adoption of electric vehicles, such as emission reduction targets and tax incentives

Market Segmentation: Electric Vehicle Tires Analysis

Vehicle Type:

  • Passenger Car
  • Commercial Vehicle

Propulsion Type:

  • Battery Electric Vehicle (BEV)

Sales Channel:

  • OEM
  • Aftermarket

Tire Size:

  • Up to 17”
  • 18" to 21"
  • Above 21"

Leading Players in the Electric Vehicle Tires Market

  • Michelin
  • Continental AG
  • Goodyear Tyres
  • Sumitomo Rubber Industries
  • Nokian Tires
  • Toyo Tyres
  • PIRELLI TYRE S.P.A.
  • Bridgestone Corporation
  • Trelleborg AB
  • Hankook Tire & Technology

Significant developments in Electric Vehicle Tires Sector

  • Michelin's launch of the ePrimacy tire designed specifically for electric vehicles
  • Continental's development of the ContiEcoContact EM for reduced rolling resistance and increased range
  • Goodyear's introduction of the ElectricDrive GT tire with a long tread life and quiet ride

Comprehensive Coverage Electric Vehicle Tires Market Report

The report provides a comprehensive analysis of the electric vehicle tires market, including:

  • Market size and growth forecast
  • Market drivers and restraints
  • Key trends and industry developments
  • Competitive landscape and major players
  • SWOT analysis and growth strategies

Regional Insight

  • North America: High adoption of electric vehicles and strong government support for the industry
  • Europe: Stringent emission regulations and government incentives are driving electric vehicle growth
  • Asia Pacific: Rapid urbanization, increasing disposable income, and government initiatives are fueling electric vehicle adoption
  • South America: Growing awareness of environmental issues and government support are driving electric vehicle demand
  • Middle East & Africa: Adoption is lagging due to infrastructure challenges and limited government incentives
Electric Vehicle Tires Market Market Share by Region - Global Geographic Distribution

Electric Vehicle Tires Market Regional Market Share

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Pricing Strategies

  • Tiered pricing based on tire size and performance
  • Discounts and promotions for bulk purchases
  • OEM contracts with electric vehicle manufacturers

Segmentation

  • By vehicle type, propulsion type, sales channel, and tire size

Swot Analysis

  • Identifies strengths, weaknesses, opportunities, and threats in the market

Geographic Coverage of Electric Vehicle Tires Market

Higher Coverage
Lower Coverage
No Coverage

Electric Vehicle Tires Market REPORT HIGHLIGHTS

AspectsDetails
Study Period 2020-2034
Base Year 2025
Estimated Year 2026
Forecast Period2026-2034
Historical Period2020-2025
Growth RateCAGR of 28.07% from 2020-2034
Segmentation
    • By Vehicle Type
      • Passenger Car
      • Commercial Vehicle
    • By Propulsion Type
      • Battery Electric Vehicle (BEV
    • By Sales Channel
      • OEM
      • Aftermarket
    • By Tire Size
      • Up to 17”
      • 18" to 21"
      • Above 21"
  • By Geography
    • North America
      • U.S.
      • Canada
      • Mexico
    • Europe
      • U.K.
      • Germany
      • France
      • Rest of Europe
    • Asia Pacific
      • China
      • India
      • Japan
      • Rest of Asia Pacific

Table of Contents

  1. 1. Introduction
    • 1.1. Research Scope
    • 1.2. Market Segmentation
    • 1.3. Research Methodology
    • 1.4. Definitions and Assumptions
  2. 2. Executive Summary
    • 2.1. Introduction
  3. 3. Market Dynamics
    • 3.1. Introduction
      • 3.2. Market Drivers
        • 3.2.1 Increasing Demand for Forged Products in Power
        • 3.2.2 Agriculture
        • 3.2.3 Aerospace
        • 3.2.4 and Defense to Drive Industry Expansion
      • 3.3. Market Restrains
        • 3.3.1. Lower Lifespan and Higher Cost of EV Tires Could Restrict the Market Growth
      • 3.4. Market Trends
        • 3.4.1. Rising Adoption of Automation in Manufacturing to Drive Market Growth
  4. 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  5. 5. Global Electric Vehicle Tires Market Analysis, Insights and Forecast, 2020-2032
    • 5.1. Market Analysis, Insights and Forecast - by Vehicle Type
      • 5.1.1. Passenger Car
      • 5.1.2. Commercial Vehicle
    • 5.2. Market Analysis, Insights and Forecast - by Propulsion Type
      • 5.2.1. Battery Electric Vehicle (BEV
    • 5.3. Market Analysis, Insights and Forecast - by Sales Channel
      • 5.3.1. OEM
      • 5.3.2. Aftermarket
    • 5.4. Market Analysis, Insights and Forecast - by Tire Size
      • 5.4.1. Up to 17”
      • 5.4.2. 18" to 21"
      • 5.4.3. Above 21"
    • 5.5. Market Analysis, Insights and Forecast - by Region
      • 5.5.1. North America
      • 5.5.2. Europe
      • 5.5.3. Asia Pacific
  6. 6. North America Electric Vehicle Tires Market Analysis, Insights and Forecast, 2020-2032
    • 6.1. Market Analysis, Insights and Forecast - by Vehicle Type
      • 6.1.1. Passenger Car
      • 6.1.2. Commercial Vehicle
    • 6.2. Market Analysis, Insights and Forecast - by Propulsion Type
      • 6.2.1. Battery Electric Vehicle (BEV
    • 6.3. Market Analysis, Insights and Forecast - by Sales Channel
      • 6.3.1. OEM
      • 6.3.2. Aftermarket
    • 6.4. Market Analysis, Insights and Forecast - by Tire Size
      • 6.4.1. Up to 17”
      • 6.4.2. 18" to 21"
      • 6.4.3. Above 21"
  7. 7. Europe Electric Vehicle Tires Market Analysis, Insights and Forecast, 2020-2032
    • 7.1. Market Analysis, Insights and Forecast - by Vehicle Type
      • 7.1.1. Passenger Car
      • 7.1.2. Commercial Vehicle
    • 7.2. Market Analysis, Insights and Forecast - by Propulsion Type
      • 7.2.1. Battery Electric Vehicle (BEV
    • 7.3. Market Analysis, Insights and Forecast - by Sales Channel
      • 7.3.1. OEM
      • 7.3.2. Aftermarket
    • 7.4. Market Analysis, Insights and Forecast - by Tire Size
      • 7.4.1. Up to 17”
      • 7.4.2. 18" to 21"
      • 7.4.3. Above 21"
  8. 8. Asia Pacific Electric Vehicle Tires Market Analysis, Insights and Forecast, 2020-2032
    • 8.1. Market Analysis, Insights and Forecast - by Vehicle Type
      • 8.1.1. Passenger Car
      • 8.1.2. Commercial Vehicle
    • 8.2. Market Analysis, Insights and Forecast - by Propulsion Type
      • 8.2.1. Battery Electric Vehicle (BEV
    • 8.3. Market Analysis, Insights and Forecast - by Sales Channel
      • 8.3.1. OEM
      • 8.3.2. Aftermarket
    • 8.4. Market Analysis, Insights and Forecast - by Tire Size
      • 8.4.1. Up to 17”
      • 8.4.2. 18" to 21"
      • 8.4.3. Above 21"
  9. 9. Competitive Analysis
    • 9.1. Global Market Share Analysis 2025
      • 9.2. Company Profiles
        • 9.2.1 Michelin (France)
          • 9.2.1.1. Overview
          • 9.2.1.2. Products
          • 9.2.1.3. SWOT Analysis
          • 9.2.1.4. Recent Developments
          • 9.2.1.5. Financials (Based on Availability)
        • 9.2.2 Continental AG (Germany)
          • 9.2.2.1. Overview
          • 9.2.2.2. Products
          • 9.2.2.3. SWOT Analysis
          • 9.2.2.4. Recent Developments
          • 9.2.2.5. Financials (Based on Availability)
        • 9.2.3 Goodyear Tyres (U.S.)
          • 9.2.3.1. Overview
          • 9.2.3.2. Products
          • 9.2.3.3. SWOT Analysis
          • 9.2.3.4. Recent Developments
          • 9.2.3.5. Financials (Based on Availability)
        • 9.2.4 Sumitomo Rubber Industries (Japan)
          • 9.2.4.1. Overview
          • 9.2.4.2. Products
          • 9.2.4.3. SWOT Analysis
          • 9.2.4.4. Recent Developments
          • 9.2.4.5. Financials (Based on Availability)
        • 9.2.5 Nokian Tires (Finland)
          • 9.2.5.1. Overview
          • 9.2.5.2. Products
          • 9.2.5.3. SWOT Analysis
          • 9.2.5.4. Recent Developments
          • 9.2.5.5. Financials (Based on Availability)
        • 9.2.6 Toyo Tyres (Japan)
          • 9.2.6.1. Overview
          • 9.2.6.2. Products
          • 9.2.6.3. SWOT Analysis
          • 9.2.6.4. Recent Developments
          • 9.2.6.5. Financials (Based on Availability)
        • 9.2.7 PIRELLI TYRE S.P.A. (Italy)
          • 9.2.7.1. Overview
          • 9.2.7.2. Products
          • 9.2.7.3. SWOT Analysis
          • 9.2.7.4. Recent Developments
          • 9.2.7.5. Financials (Based on Availability)
        • 9.2.8 Bridgestone Corporation (Japan)
          • 9.2.8.1. Overview
          • 9.2.8.2. Products
          • 9.2.8.3. SWOT Analysis
          • 9.2.8.4. Recent Developments
          • 9.2.8.5. Financials (Based on Availability)
        • 9.2.9 Trelleborg AB (Sweden)
          • 9.2.9.1. Overview
          • 9.2.9.2. Products
          • 9.2.9.3. SWOT Analysis
          • 9.2.9.4. Recent Developments
          • 9.2.9.5. Financials (Based on Availability)
        • 9.2.10 Hankook Tire & Technology (South Korea)
          • 9.2.10.1. Overview
          • 9.2.10.2. Products
          • 9.2.10.3. SWOT Analysis
          • 9.2.10.4. Recent Developments
          • 9.2.10.5. Financials (Based on Availability)

List of Figures

  1. Figure 1: Global Electric Vehicle Tires Market Revenue Breakdown (USD Billion, %) by Region 2025 & 2033
  2. Figure 2: Global Electric Vehicle Tires Market Volume Breakdown (Units, %) by Region 2025 & 2033
  3. Figure 3: North America Electric Vehicle Tires Market Revenue (USD Billion), by Vehicle Type 2025 & 2033
  4. Figure 4: North America Electric Vehicle Tires Market Volume (Units), by Vehicle Type 2025 & 2033
  5. Figure 5: North America Electric Vehicle Tires Market Revenue Share (%), by Vehicle Type 2025 & 2033
  6. Figure 6: North America Electric Vehicle Tires Market Volume Share (%), by Vehicle Type 2025 & 2033
  7. Figure 7: North America Electric Vehicle Tires Market Revenue (USD Billion), by Propulsion Type 2025 & 2033
  8. Figure 8: North America Electric Vehicle Tires Market Volume (Units), by Propulsion Type 2025 & 2033
  9. Figure 9: North America Electric Vehicle Tires Market Revenue Share (%), by Propulsion Type 2025 & 2033
  10. Figure 10: North America Electric Vehicle Tires Market Volume Share (%), by Propulsion Type 2025 & 2033
  11. Figure 11: North America Electric Vehicle Tires Market Revenue (USD Billion), by Sales Channel 2025 & 2033
  12. Figure 12: North America Electric Vehicle Tires Market Volume (Units), by Sales Channel 2025 & 2033
  13. Figure 13: North America Electric Vehicle Tires Market Revenue Share (%), by Sales Channel 2025 & 2033
  14. Figure 14: North America Electric Vehicle Tires Market Volume Share (%), by Sales Channel 2025 & 2033
  15. Figure 15: North America Electric Vehicle Tires Market Revenue (USD Billion), by Tire Size 2025 & 2033
  16. Figure 16: North America Electric Vehicle Tires Market Volume (Units), by Tire Size 2025 & 2033
  17. Figure 17: North America Electric Vehicle Tires Market Revenue Share (%), by Tire Size 2025 & 2033
  18. Figure 18: North America Electric Vehicle Tires Market Volume Share (%), by Tire Size 2025 & 2033
  19. Figure 19: North America Electric Vehicle Tires Market Revenue (USD Billion), by Country 2025 & 2033
  20. Figure 20: North America Electric Vehicle Tires Market Volume (Units), by Country 2025 & 2033
  21. Figure 21: North America Electric Vehicle Tires Market Revenue Share (%), by Country 2025 & 2033
  22. Figure 22: North America Electric Vehicle Tires Market Volume Share (%), by Country 2025 & 2033
  23. Figure 23: Europe Electric Vehicle Tires Market Revenue (USD Billion), by Vehicle Type 2025 & 2033
  24. Figure 24: Europe Electric Vehicle Tires Market Volume (Units), by Vehicle Type 2025 & 2033
  25. Figure 25: Europe Electric Vehicle Tires Market Revenue Share (%), by Vehicle Type 2025 & 2033
  26. Figure 26: Europe Electric Vehicle Tires Market Volume Share (%), by Vehicle Type 2025 & 2033
  27. Figure 27: Europe Electric Vehicle Tires Market Revenue (USD Billion), by Propulsion Type 2025 & 2033
  28. Figure 28: Europe Electric Vehicle Tires Market Volume (Units), by Propulsion Type 2025 & 2033
  29. Figure 29: Europe Electric Vehicle Tires Market Revenue Share (%), by Propulsion Type 2025 & 2033
  30. Figure 30: Europe Electric Vehicle Tires Market Volume Share (%), by Propulsion Type 2025 & 2033
  31. Figure 31: Europe Electric Vehicle Tires Market Revenue (USD Billion), by Sales Channel 2025 & 2033
  32. Figure 32: Europe Electric Vehicle Tires Market Volume (Units), by Sales Channel 2025 & 2033
  33. Figure 33: Europe Electric Vehicle Tires Market Revenue Share (%), by Sales Channel 2025 & 2033
  34. Figure 34: Europe Electric Vehicle Tires Market Volume Share (%), by Sales Channel 2025 & 2033
  35. Figure 35: Europe Electric Vehicle Tires Market Revenue (USD Billion), by Tire Size 2025 & 2033
  36. Figure 36: Europe Electric Vehicle Tires Market Volume (Units), by Tire Size 2025 & 2033
  37. Figure 37: Europe Electric Vehicle Tires Market Revenue Share (%), by Tire Size 2025 & 2033
  38. Figure 38: Europe Electric Vehicle Tires Market Volume Share (%), by Tire Size 2025 & 2033
  39. Figure 39: Europe Electric Vehicle Tires Market Revenue (USD Billion), by Country 2025 & 2033
  40. Figure 40: Europe Electric Vehicle Tires Market Volume (Units), by Country 2025 & 2033
  41. Figure 41: Europe Electric Vehicle Tires Market Revenue Share (%), by Country 2025 & 2033
  42. Figure 42: Europe Electric Vehicle Tires Market Volume Share (%), by Country 2025 & 2033
  43. Figure 43: Asia Pacific Electric Vehicle Tires Market Revenue (USD Billion), by Vehicle Type 2025 & 2033
  44. Figure 44: Asia Pacific Electric Vehicle Tires Market Volume (Units), by Vehicle Type 2025 & 2033
  45. Figure 45: Asia Pacific Electric Vehicle Tires Market Revenue Share (%), by Vehicle Type 2025 & 2033
  46. Figure 46: Asia Pacific Electric Vehicle Tires Market Volume Share (%), by Vehicle Type 2025 & 2033
  47. Figure 47: Asia Pacific Electric Vehicle Tires Market Revenue (USD Billion), by Propulsion Type 2025 & 2033
  48. Figure 48: Asia Pacific Electric Vehicle Tires Market Volume (Units), by Propulsion Type 2025 & 2033
  49. Figure 49: Asia Pacific Electric Vehicle Tires Market Revenue Share (%), by Propulsion Type 2025 & 2033
  50. Figure 50: Asia Pacific Electric Vehicle Tires Market Volume Share (%), by Propulsion Type 2025 & 2033
  51. Figure 51: Asia Pacific Electric Vehicle Tires Market Revenue (USD Billion), by Sales Channel 2025 & 2033
  52. Figure 52: Asia Pacific Electric Vehicle Tires Market Volume (Units), by Sales Channel 2025 & 2033
  53. Figure 53: Asia Pacific Electric Vehicle Tires Market Revenue Share (%), by Sales Channel 2025 & 2033
  54. Figure 54: Asia Pacific Electric Vehicle Tires Market Volume Share (%), by Sales Channel 2025 & 2033
  55. Figure 55: Asia Pacific Electric Vehicle Tires Market Revenue (USD Billion), by Tire Size 2025 & 2033
  56. Figure 56: Asia Pacific Electric Vehicle Tires Market Volume (Units), by Tire Size 2025 & 2033
  57. Figure 57: Asia Pacific Electric Vehicle Tires Market Revenue Share (%), by Tire Size 2025 & 2033
  58. Figure 58: Asia Pacific Electric Vehicle Tires Market Volume Share (%), by Tire Size 2025 & 2033
  59. Figure 59: Asia Pacific Electric Vehicle Tires Market Revenue (USD Billion), by Country 2025 & 2033
  60. Figure 60: Asia Pacific Electric Vehicle Tires Market Volume (Units), by Country 2025 & 2033
  61. Figure 61: Asia Pacific Electric Vehicle Tires Market Revenue Share (%), by Country 2025 & 2033
  62. Figure 62: Asia Pacific Electric Vehicle Tires Market Volume Share (%), by Country 2025 & 2033

List of Tables

  1. Table 1: Global Electric Vehicle Tires Market Revenue USD Billion Forecast, by Vehicle Type 2020 & 2033
  2. Table 2: Global Electric Vehicle Tires Market Volume Units Forecast, by Vehicle Type 2020 & 2033
  3. Table 3: Global Electric Vehicle Tires Market Revenue USD Billion Forecast, by Propulsion Type 2020 & 2033
  4. Table 4: Global Electric Vehicle Tires Market Volume Units Forecast, by Propulsion Type 2020 & 2033
  5. Table 5: Global Electric Vehicle Tires Market Revenue USD Billion Forecast, by Sales Channel 2020 & 2033
  6. Table 6: Global Electric Vehicle Tires Market Volume Units Forecast, by Sales Channel 2020 & 2033
  7. Table 7: Global Electric Vehicle Tires Market Revenue USD Billion Forecast, by Tire Size 2020 & 2033
  8. Table 8: Global Electric Vehicle Tires Market Volume Units Forecast, by Tire Size 2020 & 2033
  9. Table 9: Global Electric Vehicle Tires Market Revenue USD Billion Forecast, by Region 2020 & 2033
  10. Table 10: Global Electric Vehicle Tires Market Volume Units Forecast, by Region 2020 & 2033
  11. Table 11: Global Electric Vehicle Tires Market Revenue USD Billion Forecast, by Vehicle Type 2020 & 2033
  12. Table 12: Global Electric Vehicle Tires Market Volume Units Forecast, by Vehicle Type 2020 & 2033
  13. Table 13: Global Electric Vehicle Tires Market Revenue USD Billion Forecast, by Propulsion Type 2020 & 2033
  14. Table 14: Global Electric Vehicle Tires Market Volume Units Forecast, by Propulsion Type 2020 & 2033
  15. Table 15: Global Electric Vehicle Tires Market Revenue USD Billion Forecast, by Sales Channel 2020 & 2033
  16. Table 16: Global Electric Vehicle Tires Market Volume Units Forecast, by Sales Channel 2020 & 2033
  17. Table 17: Global Electric Vehicle Tires Market Revenue USD Billion Forecast, by Tire Size 2020 & 2033
  18. Table 18: Global Electric Vehicle Tires Market Volume Units Forecast, by Tire Size 2020 & 2033
  19. Table 19: Global Electric Vehicle Tires Market Revenue USD Billion Forecast, by Country 2020 & 2033
  20. Table 20: Global Electric Vehicle Tires Market Volume Units Forecast, by Country 2020 & 2033
  21. Table 21: U.S. Electric Vehicle Tires Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
  22. Table 22: U.S. Electric Vehicle Tires Market Volume (Units) Forecast, by Application 2020 & 2033
  23. Table 23: Canada Electric Vehicle Tires Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
  24. Table 24: Canada Electric Vehicle Tires Market Volume (Units) Forecast, by Application 2020 & 2033
  25. Table 25: Mexico Electric Vehicle Tires Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
  26. Table 26: Mexico Electric Vehicle Tires Market Volume (Units) Forecast, by Application 2020 & 2033
  27. Table 27: Global Electric Vehicle Tires Market Revenue USD Billion Forecast, by Vehicle Type 2020 & 2033
  28. Table 28: Global Electric Vehicle Tires Market Volume Units Forecast, by Vehicle Type 2020 & 2033
  29. Table 29: Global Electric Vehicle Tires Market Revenue USD Billion Forecast, by Propulsion Type 2020 & 2033
  30. Table 30: Global Electric Vehicle Tires Market Volume Units Forecast, by Propulsion Type 2020 & 2033
  31. Table 31: Global Electric Vehicle Tires Market Revenue USD Billion Forecast, by Sales Channel 2020 & 2033
  32. Table 32: Global Electric Vehicle Tires Market Volume Units Forecast, by Sales Channel 2020 & 2033
  33. Table 33: Global Electric Vehicle Tires Market Revenue USD Billion Forecast, by Tire Size 2020 & 2033
  34. Table 34: Global Electric Vehicle Tires Market Volume Units Forecast, by Tire Size 2020 & 2033
  35. Table 35: Global Electric Vehicle Tires Market Revenue USD Billion Forecast, by Country 2020 & 2033
  36. Table 36: Global Electric Vehicle Tires Market Volume Units Forecast, by Country 2020 & 2033
  37. Table 37: U.K. Electric Vehicle Tires Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
  38. Table 38: U.K. Electric Vehicle Tires Market Volume (Units) Forecast, by Application 2020 & 2033
  39. Table 39: Germany Electric Vehicle Tires Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
  40. Table 40: Germany Electric Vehicle Tires Market Volume (Units) Forecast, by Application 2020 & 2033
  41. Table 41: France Electric Vehicle Tires Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
  42. Table 42: France Electric Vehicle Tires Market Volume (Units) Forecast, by Application 2020 & 2033
  43. Table 43: Rest of Europe Electric Vehicle Tires Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
  44. Table 44: Rest of Europe Electric Vehicle Tires Market Volume (Units) Forecast, by Application 2020 & 2033
  45. Table 45: Global Electric Vehicle Tires Market Revenue USD Billion Forecast, by Vehicle Type 2020 & 2033
  46. Table 46: Global Electric Vehicle Tires Market Volume Units Forecast, by Vehicle Type 2020 & 2033
  47. Table 47: Global Electric Vehicle Tires Market Revenue USD Billion Forecast, by Propulsion Type 2020 & 2033
  48. Table 48: Global Electric Vehicle Tires Market Volume Units Forecast, by Propulsion Type 2020 & 2033
  49. Table 49: Global Electric Vehicle Tires Market Revenue USD Billion Forecast, by Sales Channel 2020 & 2033
  50. Table 50: Global Electric Vehicle Tires Market Volume Units Forecast, by Sales Channel 2020 & 2033
  51. Table 51: Global Electric Vehicle Tires Market Revenue USD Billion Forecast, by Tire Size 2020 & 2033
  52. Table 52: Global Electric Vehicle Tires Market Volume Units Forecast, by Tire Size 2020 & 2033
  53. Table 53: Global Electric Vehicle Tires Market Revenue USD Billion Forecast, by Country 2020 & 2033
  54. Table 54: Global Electric Vehicle Tires Market Volume Units Forecast, by Country 2020 & 2033
  55. Table 55: China Electric Vehicle Tires Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
  56. Table 56: China Electric Vehicle Tires Market Volume (Units) Forecast, by Application 2020 & 2033
  57. Table 57: India Electric Vehicle Tires Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
  58. Table 58: India Electric Vehicle Tires Market Volume (Units) Forecast, by Application 2020 & 2033
  59. Table 59: Japan Electric Vehicle Tires Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
  60. Table 60: Japan Electric Vehicle Tires Market Volume (Units) Forecast, by Application 2020 & 2033
  61. Table 61: Rest of Asia Pacific Electric Vehicle Tires Market Revenue (USD Billion) Forecast, by Application 2020 & 2033
  62. Table 62: Rest of Asia Pacific Electric Vehicle Tires Market Volume (Units) Forecast, by Application 2020 & 2033

Methodology

Step 1 - Identification of Relevant Samples Size from Population Database

Step Chart
Bar Chart
Method Chart

Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)

Approach Chart
Top-down and bottom-up approaches are used to validate the global market size and estimate the market size for manufactures, regional segments, product, and application.

Note*: In applicable scenarios

Step 3 - Data Sources

Primary Research

  • Web Analytics
  • Survey Reports
  • Research Institute
  • Latest Research Reports
  • Opinion Leaders

Secondary Research

  • Annual Reports
  • White Paper
  • Latest Press Release
  • Industry Association
  • Paid Database
  • Investor Presentations
Analyst Chart

Step 4 - Data Triangulation

Involves using different sources of information in order to increase the validity of a study

These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.

Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.

During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence

Additionally, after gathering mixed and scattered data from a wide range of sources, data is triangulated and correlated to come up with estimated figures which are further validated through primary mediums or industry experts, opinion leaders.

Frequently Asked Questions

1. What is the projected Compound Annual Growth Rate (CAGR) of the Electric Vehicle Tires Market?

The projected CAGR is approximately 28.07%.

2. Which companies are prominent players in the Electric Vehicle Tires Market?

Key companies in the market include Michelin (France), Continental AG (Germany), Goodyear Tyres (U.S.), Sumitomo Rubber Industries (Japan), Nokian Tires (Finland), Toyo Tyres (Japan), PIRELLI TYRE S.P.A. (Italy), Bridgestone Corporation (Japan), Trelleborg AB (Sweden), Hankook Tire & Technology (South Korea).

3. What are the main segments of the Electric Vehicle Tires Market?

The market segments include Vehicle Type, Propulsion Type, Sales Channel, Tire Size.

4. Can you provide details about the market size?

The market size is estimated to be USD 17.24 USD Billion as of 2022.

5. What are some drivers contributing to market growth?

Increasing Demand for Forged Products in Power. Agriculture. Aerospace. and Defense to Drive Industry Expansion.

6. What are the notable trends driving market growth?

Rising Adoption of Automation in Manufacturing to Drive Market Growth.

7. Are there any restraints impacting market growth?

Lower Lifespan and Higher Cost of EV Tires Could Restrict the Market Growth.

8. Can you provide examples of recent developments in the market?

N/A

9. What pricing options are available for accessing the report?

Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4850, USD 5850, and USD 6850 respectively.

10. Is the market size provided in terms of value or volume?

The market size is provided in terms of value, measured in USD Billion and volume, measured in Units.

11. Are there any specific market keywords associated with the report?

Yes, the market keyword associated with the report is "Electric Vehicle Tires Market," which aids in identifying and referencing the specific market segment covered.

12. How do I determine which pricing option suits my needs best?

The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.

13. Are there any additional resources or data provided in the Electric Vehicle Tires Market report?

While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.

14. How can I stay updated on further developments or reports in the Electric Vehicle Tires Market?

To stay informed about further developments, trends, and reports in the Electric Vehicle Tires Market, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.