The global electric vehicle tires market is projected to grow from USD 11.21 billion in 2025 to USD 27.63 billion by 2032, at a CAGR of 13.6%. The demand for electric vehicle tires is anticipated to increase, owing to the rising sales of electric vehicles globally. Additionally, the anticipated rise in environmentally sustainable transport and government policies is expected to bolster the revenue growth of the electric vehicle tires market in the coming years.
The aftermarket segment is projected to lead the market during the forecast period.
By sales channel, the aftermarket segment is projected to witness substantial growth during the forecast period. The segment’s growth is driven by the rapid increase in the adoption of electric vehicles, which encourages the overall demand for replacement tires. Electric vehicles cause faster tire wear due to their heavy weight and high torque, resulting in more frequent tire replacements than traditional vehicles. This is also expected to boost the growth of the segment. As the global transition to electric mobility accelerates, the need for specialized replacement tires will continue to rise, making the electric vehicle tire aftermarket a key opportunity for players during the forecast period.
In February 2025, Michelin launched its e.Primacy EV replacement tire line across Europe, specifically engineered to fit popular electric sedans and compact SUVs, offering lower rolling resistance and extended durability. Similarly, in April 2025, Bridgestone introduced the Turanza EV EverDrive aftermarket, compatible with electric vehicles like the Tesla Model 3 and Hyundai IONIQ 5, featuring ENLITEN technology for improved wear life and noise reduction. These strategic product rollouts signal a shift in the tire ecosystem, where the aftermarket is becoming a key revenue channel, particularly as early EV adopters begin to replace their original equipment tires with EV-specific alternatives.
The 16–18” segment is projected to achieve the highest growth during the forecast period.
By rim size, the 16–18” segment is projected to be the largest market during the forecast period, as tires in this range are among the most common tires found on a wide range of vehicles, including small passenger cars, mid-size sedans, and crossovers. For instance, the Tesla Model 3 has a rim size of 18”, the Ford Mustang Mach-E has a rim size of 18”, the Chevrolet Bolt has a rim size of 17”, and the Renault Zoe has a rim size of 16”. The increasing sales of electric small passenger cars and crossovers in China, Japan, and more, are expected to boost the segment’s growth in the coming years. These vehicles make up a significant portion of the automotive market. Due to this versatility, electric vehicle tires in this size range have a broad customer base. The aftermarket demand for tires with a rim size of 16–18” is higher than any other tire size, as many consumers replace their tires with aftermarket electric vehicle tire options when their original equipment tires wear out. This is expected to present growth opportunities for the 16–18” segment during the forecast period.
Asia Pacific is projected to show significant growth in the electric vehicle tires market during the forecast period.
Asia Pacific is projected to be the largest market during the forecast period. China is the world’s largest producer and consumer of electric vehicles and dominates the electric vehicle industry in the region. This increased industry growth in the country contributes to the overall development of the electric vehicle tires market in Asia Pacific. Additionally, governments in other countries in the region have taken steps to encourage regional market growth. This includes subsidies for electric vehicle buyers, compulsory laws by which all vehicle manufacturers must manufacture EVs per number of vehicles manufactured, and regulations against excessively polluting vehicles. The governments in Japan and South Korea have been supporting the growth in demand for electric vehicles by installing electric vehicle charging stations, setting emission norms, setting deadlines for shifting to fully electric or hybrid EVs from ICE vehicles, etc. Many tire manufacturing companies have made expansions in Asia Pacific.
In April 2025, Bridgestone Corporation announced the launch of Turanza 6, developed with ENLITEN technology for reduced weight and rolling resistance. It was selected as the original equipment tire for the NEW MG S5 EV launched in Thailand. The tire enhances energy efficiency, road grip (especially on wet surfaces), and ride comfort for electric vehicles. It is UN R117-04 certified. Similarly, in December 2024, Sumitomo Rubber Industries, Ltd. launched DUNLOP “SPORT MAXX LUX” premium comfort tires, featuring an “EV Suitable” mark. These tires are engineered to meet EV requirements for rolling resistance, load, quietness, anti-wear, and wet grip.
In-depth interviews were conducted with CEOs, marketing directors, other innovation and technology directors, and executives from various key organizations operating in the electric vehicle tires market. The break-up of the primaries is as follows:
• By Company Type: OEMs – 40%, Tier 1 – 42%, and Tier 2 – 18%,
• By Designation: CXOs – 23%, Directors – 43%, and Others – 34%
• By Region: Asia Pacific – 60%, Europe – 25%, North America – 15%
The electric vehicle tires market comprises major manufacturers such as Michelin (France), Bridgestone Corporation (Japan), The Goodyear Tire & Rubber Corporation (US), Continental AG (Germany), and Pirelli & C. SpA (Italy), Sumitomo Rubber Industries, Ltd. (Japan), and Hankook Tire & Technology Co., Ltd. (South Korea), among others.
Research Coverage:
The study covers the electric vehicle tires market across various segments. It aims to estimate the market size and future growth potential of this market across different segments based on propulsion, vehicle type, load index, application, rim size, sales channel, and region. The study also includes an in-depth competitive analysis of key market players, their company profiles, key observations related to product and business offerings, recent developments, and acquisitions.
This research report categorizes electric vehicle tires market by propulsion (battery electric vehicle (BEV), plug-in hybrid electric vehicle (PHEV), fuel cell electric vehicle (FCEV), and hybrid electric vehicle (HEV), vehicle type (passenger cars, light commercial vehicles, heavy commercial vehicles, and buses), load index (less than 100 and above 100), application (on-road and off-road), rim size (13–15”, 16–18”, 19–21”, and > 21”), sales channel (OEM and aftermarket), and region (Asia Pacific, Europe, North America, and Middle East & Africa).
The report’s scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the electric vehicle tires market. A thorough analysis of the key industry players provides insights into their business overview, solutions and services, key strategies (contracts, partnerships, agreements, product & service launches, mergers, and acquisitions), and recent market developments. The competitive analysis of SMEs/startups in the electric vehicle tires market ecosystem is also covered in this report.
Reasons to buy this report:
The report will provide the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall electric vehicle tires market and the subsegments. Additionally, the report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report will further help them understand the market pulse and provide information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:
• Analysis of Market Dynamics: These dynamics include growing initiatives for green and clean environment, rising sales of electric commercial vehicles), restraints (lack of awareness in electric vehicle tire benefits in emerging economies, increasing longevity of tires affecting aftermarket sales), opportunities (increasing demand for replacement tires, growing focus on environmental sustainability), and challenges (higher cost and limited availability of electric vehicle tires) influencing the growth of the electric vehicle tires market.
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, product & service launches in the electric vehicle tires market
• Market Development: Comprehensive information about lucrative markets across varied regions
• Market Diversification: Exhaustive information about products & services, untapped geographies, recent developments, and investments in the electric vehicle tires market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Michelin (France), Bridgestone Corporation (Japan), The Goodyear Tire & Rubber Corporation (US), Continental AG (Germany), and Pirelli & C. SpA (Italy), Hankook Tire & Technology Co., Ltd. (South Korea) among others in the electric vehicle tires market.
• Strategies: The report also helps stakeholders understand the pulse of the electric vehicle tires market and provides information on key market drivers, restraints, challenges, and opportunities.
圖表清單 List of Tables & Figures
TABLE 1 ELECTRIC VEHICLE TIRES MARKET, BY SALES CHANNEL 29
TABLE 2 ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE 29
TABLE 3 ELECTRIC VEHICLE TIRES MARKET, BY PROPULSION TYPE 30
TABLE 4 ELECTRIC VEHICLE TIRES MARKET, BY LOAD INDEX 30
TABLE 5 INCLUSIONS & EXCLUSIONS 32
TABLE 6 CURRENCY EXCHANGE RATES, 2020–2024 33
TABLE 7 CO2 EMISSION REDUCTION TARGETS WORLDWIDE 61
TABLE 8 NEW ELECTRIC VEHICLE MODELS, BY OEM 62
TABLE 9 IMPACT OF RANGE OPTIMIZATION ON ELECTRIC VEHICLE TIRE DESIGN 63
TABLE 10 SHIFT TOWARD ELECTRIC VEHICLE-SPECIFIC TIRES, BY OEM 65
TABLE 11 TIRE LONGEVITY FOR ELECTRIC VEHICLES, BY OEM 66
TABLE 12 KEY FACTORS AFFECTING TIRE LONGEVITY IN ELECTRIC VEHICLES 66
TABLE 13 TECHNOLOGICAL ADVANCEMENTS IN ELECTRIC VEHICLE TIRES 67
TABLE 14 ENVIRONMENTAL SUSTAINABILITY INITIATIVES IN ELECTRIC VEHICLES,
BY KEY PLAYER 68
TABLE 15 FACTORS CONTRIBUTING TO HIGH STRESS RATE OF ELECTRIC VEHICLE TIRES 69
TABLE 16 COMPARISON BETWEEN AVERAGE PRICES OF VARIOUS TIRE TYPES, BY OEM 70
TABLE 17 ROLE OF COMPANIES IN ECOSYSTEM 72
TABLE 18 REGULATORY FRAMEWORK, BY REGION 75
TABLE 19 NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 76
TABLE 20 EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 77
TABLE 21 ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,
AND OTHER ORGANIZATIONS 77
TABLE 22 AVERAGE SELLING PRICE OF ELECTRIC VEHICLE TIRES FOR KEY PLAYERS,
BY VEHICLE TYPE, 2024 (USD) 78
TABLE 23 AVERAGE SELLING PRICE OF ELECTRIC VEHICLE TIRES, BY REGION, 2024 (USD) 79
TABLE 24 US: IMPORT DATA FOR HS CODE: 401110-COMPLIANT PRODUCTS,
BY COUNTRY, 2020–2024 (PERCENTAGE OF TOTAL VALUE IMPORTED) 79
TABLE 25 GERMANY: IMPORT DATA FOR HS CODE: 401110-COMPLIANT PRODUCTS,
BY COUNTRY, 2020–2024 (PERCENTAGE OF TOTAL VALUE IMPORTED) 80
TABLE 26 FRANCE: IMPORT DATA FOR HS CODE: 401110-COMPLIANT PRODUCTS,
BY COUNTRY, 2020–2024 (PERCENTAGE OF TOTAL VALUE IMPORTED) 80
TABLE 27 UK: IMPORT DATA FOR HS CODE: 401110-COMPLIANT PRODUCTS,
BY COUNTRY, 2020–2024 (PERCENTAGE OF TOTAL VALUE IMPORTED) 80
TABLE 28 ITALY: IMPORT DATA FOR HS CODE: 401110-COMPLIANT PRODUCTS,
BY COUNTRY, 2020–2024 (PERCENTAGE OF TOTAL VALUE IMPORTED) 81
TABLE 29 NETHERLANDS: IMPORT DATA FOR HS CODE: 401110-COMPLIANT PRODUCTS,
BY COUNTRY, 2020–2024 (PERCENTAGE OF TOTAL VALUE IMPORTED) 81
TABLE 30 CANADA: IMPORT DATA FOR HS CODE: 401110-COMPLIANT PRODUCTS,
BY COUNTRY, 2020–2024 (PERCENTAGE OF TOTAL VALUE IMPORTED) 81
TABLE 31 US: EXPORT DATA FOR HS CODE: 401110-COMPLIANT PRODUCTS,
BY COUNTRY, 2020–2024 (PERCENTAGE OF TOTAL VALUE EXPORTED) 82
TABLE 32 CHINA: EXPORT DATA FOR HS CODE: 401110-COMPLIANT PRODUCTS,
BY COUNTRY, 2020–2024 (PERCENTAGE OF TOTAL VALUE EXPORTED) 83
TABLE 33 MEXICO: EXPORT DATA FOR HS CODE: 401110-COMPLIANT PRODUCTS,
BY COUNTRY, 2020–2024 (PERCENTAGE OF TOTAL VALUE EXPORTED) 83
TABLE 34 GERMANY: EXPORT DATA FOR HS CODE: 401110-COMPLIANT PRODUCTS,
BY COUNTRY, 2020–2024 (PERCENTAGE OF TOTAL VALUE EXPORTED) 83
TABLE 35 JAPAN: EXPORT DATA FOR HS CODE: 401110-COMPLIANT PRODUCTS,
BY COUNTRY, 2020–2024 (PERCENTAGE OF TOTAL VALUE EXPORTED) 84
TABLE 36 THAILAND: EXPORT DATA FOR HS CODE: 401110-COMPLIANT PRODUCTS,
BY COUNTRY, 2020–2024 (PERCENTAGE OF TOTAL VALUE EXPORTED) 84
TABLE 37 SWEDEN: EXPORT DATA FOR HS CODE: 401110-COMPLIANT PRODUCTS,
BY COUNTRY, 2020–2024 (PERCENTAGE OF TOTAL VALUE EXPORTED) 84
TABLE 38 PATENTS PUBLISHED 90
TABLE 39 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS, BY VEHICLE TYPE (%) 97
TABLE 40 KEY BUYING CRITERIA, BY VEHICLE TYPE 99
TABLE 41 KEY CONFERENCES & EVENTS, 2025–2026 100
TABLE 42 MATERIAL COMPOSITION OF ELECTRIC VEHICLE TIRES
(APPROXIMATE % RANGE BY WEIGHT) 103
TABLE 43 ELECTRIC VEHICLE TIRE OFFERINGS, BY KEY PLAYER 104
TABLE 44 ELECTRIC VEHICLE TIRE STRATEGIES, BY KEY OEM 105
TABLE 45 NEXT-GENERATION ELECTRIC VEHICLE TIRE TECHNOLOGIES 105
TABLE 46 ELECTRIC VEHICLE TIRES VS. INTERNAL COMBUSTION ENGINE TIRES:
MARGIN ANALYSIS 106
TABLE 47 ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (THOUSAND UNITS) 110
TABLE 48 ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (THOUSAND UNITS) 111
TABLE 49 ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE, 2021–2024 (USD MILLION) 111
TABLE 50 ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE, 2025–2032 (USD MILLION) 111
TABLE 51 PASSENGER CARS: ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2021–2024 (THOUSAND UNITS) 112
TABLE 52 PASSENGER CARS: ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2025–2032 (THOUSAND UNITS) 112
TABLE 53 PASSENGER CARS: ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2021–2024 (USD MILLION) 113
TABLE 54 PASSENGER CARS: ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2025–2032 (USD MILLION) 113
TABLE 55 LIGHT COMMERCIAL VEHICLES: ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2021–2024 (THOUSAND UNITS) 114
TABLE 56 LIGHT COMMERCIAL VEHICLES: ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2025–2032 (THOUSAND UNITS) 114
TABLE 57 LIGHT COMMERCIAL VEHICLES: ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2021–2024 (USD MILLION) 114
TABLE 58 LIGHT COMMERCIAL VEHICLES: ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2025–2032 (USD MILLION) 114
TABLE 59 HEAVY COMMERCIAL VEHICLES: ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2021–2024 (THOUSAND UNITS) 115
TABLE 60 HEAVY COMMERCIAL VEHICLES: ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2025–2032 (THOUSAND UNITS) 116
TABLE 61 HEAVY COMMERCIAL VEHICLES: ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2021–2024 (USD MILLION) 116
TABLE 62 HEAVY COMMERCIAL VEHICLES: ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2025–2032 (USD MILLION) 116
TABLE 63 BUSES: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2021–2024 (THOUSAND UNITS) 117
TABLE 64 BUSES: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2025–2032 (THOUSAND UNITS) 117
TABLE 65 BUSES: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2021–2024 (USD MILLION) 117
TABLE 66 BUSES: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2025–2032 (USD MILLION) 118
TABLE 67 ELECTRIC VEHICLE TIRES MARKET, BY PROPULSION TYPE,
2021–2024 (THOUSAND UNITS) 121
TABLE 68 ELECTRIC VEHICLE TIRES MARKET, BY PROPULSION TYPE,
2025–2032 (THOUSAND UNITS) 121
TABLE 69 ELECTRIC VEHICLE TIRES MARKET, BY PROPULSION TYPE,
2021–2024 (USD MILLION) 121
TABLE 70 ELECTRIC VEHICLE TIRES MARKET, BY PROPULSION TYPE,
2025–2032 (USD MILLION) 121
TABLE 71 BATTERY ELECTRIC VEHICLE (BEV): ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2021–2024 (THOUSAND UNITS) 123
TABLE 72 BATTERY ELECTRIC VEHICLE (BEV): ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2025–2032 (THOUSAND UNITS) 123
TABLE 73 BATTERY ELECTRIC VEHICLE (BEV): ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2021–2024 (USD MILLION) 123
TABLE 74 BATTERY ELECTRIC VEHICLE (BEV): ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2025–2032 (USD MILLION) 123
TABLE 75 PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV): ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2021–2024 (THOUSAND UNITS) 124
TABLE 76 PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV): ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2025–2032 (THOUSAND UNITS) 124
TABLE 77 PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV): ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2021–2024 (USD MILLION) 125
TABLE 78 PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV): ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2025–2032 (USD MILLION) 125
TABLE 79 FUEL CELL ELECTRIC VEHICLE (FCEV): ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2021–2024 (THOUSAND UNITS) 126
TABLE 80 FUEL CELL ELECTRIC VEHICLE (FCEV): ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2025–2032 (THOUSAND UNITS) 126
TABLE 81 FUEL CELL ELECTRIC VEHICLE (FCEV): ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2021–2024 (USD MILLION) 127
TABLE 82 FUEL CELL ELECTRIC VEHICLE (FCEV): ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2025–2032 (USD MILLION) 127
TABLE 83 ELECTRIC VEHICLE TIRES MARKET, BY RIM SIZE, 2021–2024 (THOUSAND UNITS) 130
TABLE 84 ELECTRIC VEHICLE TIRES MARKET, BY RIM SIZE, 2025–2032 (THOUSAND UNITS) 131
TABLE 85 ELECTRIC VEHICLE TIRES MARKET, BY RIM SIZE, 2021–2024 (USD MILLION) 131
TABLE 86 ELECTRIC VEHICLE TIRES MARKET, BY RIM SIZE, 2025–2032 (USD MILLION) 131
TABLE 87 VEHICLE MODELS AND THEIR RIM SIZES, BY OEM 132
TABLE 88 13–15”: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2021–2024 (THOUSAND UNITS) 134
TABLE 89 13–15”: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2025–2032 (THOUSAND UNITS) 134
TABLE 90 13–15”: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2021–2024 (USD MILLION) 135
TABLE 91 13–15”: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2025–2032 (USD MILLION) 135
TABLE 92 16–18”: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2021–2024 (THOUSAND UNITS) 136
TABLE 93 16–18”: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2025–2032 (THOUSAND UNITS) 136
TABLE 94 16–18”: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2021–2024 (USD MILLION) 136
TABLE 95 16–18”: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2025–2032 (USD MILLION) 136
TABLE 96 19–21”: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2021–2024 (THOUSAND UNITS) 137
TABLE 97 19–21”: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2025–2032 (THOUSAND UNITS) 137
TABLE 98 19–21”: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2021–2024 (USD MILLION) 138
TABLE 99 19–21”: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2025–2032 (USD MILLION) 138
TABLE 100 > 21”: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2021–2024 (THOUSAND UNITS) 139
TABLE 101 > 21”: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2025–2032 (THOUSAND UNITS) 139
TABLE 102 > 21”: ELECTRIC VEHICLE TIRES MARKET, BY REGION, 2021–2024 (USD MILLION) 139
TABLE 103 > 21”: ELECTRIC VEHICLE TIRES MARKET, BY REGION, 2025–2032 (USD MILLION) 139
TABLE 104 ELECTRIC VEHICLE TIRES MARKET, BY LOAD INDEX,
2021–2024 (THOUSAND UNITS) 143
TABLE 105 ELECTRIC VEHICLE TIRES MARKET, BY LOAD INDEX,
2025–2032 (THOUSAND UNITS) 143
TABLE 106 ELECTRIC VEHICLE TIRES MARKET, BY LOAD INDEX, 2021–2024 (USD MILLION) 143
TABLE 107 ELECTRIC VEHICLE TIRES MARKET, BY LOAD INDEX, 2025–2032 (USD MILLION) 144
TABLE 108 OPERATIONAL DATA OF LOAD INDEX, BY OEM 144
TABLE 109 LESS THAN 100: ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2021–2024 (THOUSAND UNITS) 146
TABLE 110 LESS THAN 100: ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2025–2032 (THOUSAND UNITS) 146
TABLE 111 LESS THAN 100: ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2021–2024 (USD MILLION) 147
TABLE 112 LESS THAN 100: ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2025–2032 (USD MILLION) 147
TABLE 113 ABOVE 100: ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2021–2024 (THOUSAND UNITS) 148
TABLE 114 ABOVE 100: ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2025–2032 (THOUSAND UNITS) 148
TABLE 115 ABOVE 100: ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2021–2024 (USD MILLION) 149
TABLE 116 ABOVE 100: ELECTRIC VEHICLE TIRES MARKET,
BY REGION, 2025–2032 (USD MILLION) 149
TABLE 117 ELECTRIC VEHICLE TIRES MARKET, BY APPLICATION,
2021–2024 (THOUSAND UNITS) 151
TABLE 118 ELECTRIC VEHICLE TIRES MARKET, BY APPLICATION,
2025–2032 (THOUSAND UNITS) 152
TABLE 119 ELECTRIC VEHICLE TIRES MARKET, BY APPLICATION, 2021–2024 (USD MILLION) 152
TABLE 120 ELECTRIC VEHICLE TIRES MARKET, BY APPLICATION, 2025–2032 (USD MILLION) 152
TABLE 121 ON-ROAD: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2021–2024 (THOUSAND UNITS) 153
TABLE 122 ON-ROAD: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2025–2032 (THOUSAND UNITS) 153
TABLE 123 ON-ROAD: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2021–2024 (USD MILLION) 153
TABLE 124 ON-ROAD: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2025–2032 (USD MILLION) 154
TABLE 125 OFF-ROAD: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2021–2024 (THOUSAND UNITS) 155
TABLE 126 OFF-ROAD: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2025–2032 (THOUSAND UNITS) 155
TABLE 127 OFF-ROAD: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2021–2024 (USD MILLION) 155
TABLE 128 OFF-ROAD: ELECTRIC VEHICLE TIRES MARKET, BY REGION,
2025–2032 (USD MILLION) 155
TABLE 129 OPERATIONAL DATA, BY OEM 157
TABLE 130 ELECTRIC VEHICLE TIRES MARKET, BY REGION, 2021–2024 (THOUSAND UNITS) 163
TABLE 131 ELECTRIC VEHICLE TIRES MARKET, BY REGION, 2025–2032 (THOUSAND UNITS) 163
TABLE 132 ELECTRIC VEHICLE TIRES MARKET, BY REGION, 2021–2024 (USD MILLION) 163
TABLE 133 ELECTRIC VEHICLE TIRES MARKET, BY REGION, 2025–2032 (USD MILLION) 163
TABLE 134 ASIA PACIFIC: ELECTRIC VEHICLE TIRES MARKET, BY COUNTRY,
2021–2024 (THOUSAND UNITS) 167
TABLE 135 ASIA PACIFIC: ELECTRIC VEHICLE TIRES MARKET, BY COUNTRY,
2025–2032 (THOUSAND UNITS) 168
TABLE 136 ASIA PACIFIC: ELECTRIC VEHICLE TIRES MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 168
TABLE 137 ASIA PACIFIC: ELECTRIC VEHICLE TIRES MARKET, BY COUNTRY,
2025–2032 (USD MILLION) 168
TABLE 138 CHINA: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (THOUSAND UNITS) 169
TABLE 139 CHINA: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (THOUSAND UNITS) 169
TABLE 140 CHINA: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (USD MILLION) 170
TABLE 141 CHINA: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (USD MILLION) 170
TABLE 142 JAPAN: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (THOUSAND UNITS) 171
TABLE 143 JAPAN: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (THOUSAND UNITS) 171
TABLE 144 JAPAN: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (USD MILLION) 171
TABLE 145 JAPAN: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (USD MILLION) 172
TABLE 146 INDIA: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (THOUSAND UNITS) 173
TABLE 147 INDIA: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (THOUSAND UNITS) 173
TABLE 148 INDIA: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (USD MILLION) 174
TABLE 149 INDIA: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (USD MILLION) 174
TABLE 150 SOUTH KOREA: ELECTRIC VEHICLE TIRES MARKET,
BY VEHICLE TYPE, 2021–2024 (THOUSAND UNITS) 175
TABLE 151 SOUTH KOREA: ELECTRIC VEHICLE TIRES MARKET,
BY VEHICLE TYPE, 2025–2032 (THOUSAND UNITS) 175
TABLE 152 SOUTH KOREA: ELECTRIC VEHICLE TIRES MARKET,
BY VEHICLE TYPE, 2021–2024 (USD MILLION) 176
TABLE 153 SOUTH KOREA: ELECTRIC VEHICLE TIRES MARKET,
BY VEHICLE TYPE, 2025–2032 (USD MILLION) 176
TABLE 154 EUROPE: ELECTRIC VEHICLE TIRES MARKET, BY COUNTRY,
2021–2024 (THOUSAND UNITS) 183
TABLE 155 EUROPE: ELECTRIC VEHICLE TIRES MARKET, BY COUNTRY,
2025–2032 (THOUSAND UNITS) 183
TABLE 156 EUROPE: ELECTRIC VEHICLE TIRES MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 184
TABLE 157 EUROPE: ELECTRIC VEHICLE TIRES MARKET, BY COUNTRY,
2025–2032 (USD MILLION) 184
TABLE 158 FRANCE: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (THOUSAND UNITS) 185
TABLE 159 FRANCE: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (THOUSAND UNITS) 186
TABLE 160 FRANCE: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (USD MILLION) 186
TABLE 161 FRANCE: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (USD MILLION) 186
TABLE 162 GERMANY: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (THOUSAND UNITS) 187
TABLE 163 GERMANY: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (THOUSAND UNITS) 188
TABLE 164 GERMANY: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (USD MILLION) 188
TABLE 165 GERMANY: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (USD MILLION) 188
TABLE 166 NETHERLANDS: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (THOUSAND UNITS) 189
TABLE 167 NETHERLANDS: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (THOUSAND UNITS) 189
TABLE 168 NETHERLANDS: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (USD MILLION) 190
TABLE 169 NETHERLANDS: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (USD MILLION) 190
TABLE 170 NORWAY: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (THOUSAND UNITS) 191
TABLE 171 NORWAY: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (THOUSAND UNITS) 191
TABLE 172 NORWAY: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (USD MILLION) 191
TABLE 173 NORWAY: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (USD MILLION) 192
TABLE 174 SWEDEN: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (THOUSAND UNITS) 193
TABLE 175 SWEDEN: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (THOUSAND UNITS) 193
TABLE 176 SWEDEN: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (USD MILLION) 193
TABLE 177 SWEDEN: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (USD MILLION) 194
TABLE 178 UK: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (THOUSAND UNITS) 195
TABLE 179 UK: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (THOUSAND UNITS) 195
TABLE 180 UK: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (USD MILLION) 195
TABLE 181 UK: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (USD MILLION) 195
TABLE 182 AUSTRIA: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (THOUSAND UNITS) 196
TABLE 183 AUSTRIA: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (THOUSAND UNITS) 197
TABLE 184 AUSTRIA: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (USD MILLION) 197
TABLE 185 AUSTRIA: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (USD MILLION) 197
TABLE 186 SPAIN: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (THOUSAND UNITS) 198
TABLE 187 SPAIN: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (THOUSAND UNITS) 198
TABLE 188 SPAIN: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (USD MILLION) 199
TABLE 189 SPAIN: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (USD MILLION) 199
TABLE 190 NORTH AMERICA: ELECTRIC VEHICLE TIRES MARKET, BY COUNTRY,
2021–2024 (THOUSAND UNITS) 204
TABLE 191 NORTH AMERICA: ELECTRIC VEHICLE TIRES MARKET, BY COUNTRY,
2025–2032 (THOUSAND UNITS) 204
TABLE 192 NORTH AMERICA: ELECTRIC VEHICLE TIRES MARKET, BY COUNTRY,
2021–2024 (USD MILLION) 205
TABLE 193 NORTH AMERICA: ELECTRIC VEHICLE TIRES MARKET, BY COUNTRY,
2025–2032 (USD MILLION) 205
TABLE 194 US: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (THOUSAND UNITS) 206
TABLE 195 US: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (THOUSAND UNITS) 206
TABLE 196 US: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (USD MILLION) 206
TABLE 197 US: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (USD MILLION) 206
TABLE 198 CANADA: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (THOUSAND UNITS) 207
TABLE 199 CANADA: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (THOUSAND UNITS) 207
TABLE 200 CANADA: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2021–2024 (USD MILLION) 208
TABLE 201 CANADA: ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025–2032 (USD MILLION) 208
TABLE 202 KEY PLAYER STRATEGIES/RIGHT TO WIN 213
TABLE 203 MARKET SHARE ANALYSIS, 2024 215
TABLE 204 ELECTRIC VEHICLE TIRES MARKET: VEHICLE TYPE FOOTPRINT 224
TABLE 205 ELECTRIC VEHICLE TIRES MARKET: PROPULSION TYPE FOOTPRINT 224
TABLE 206 ELECTRIC VEHICLE TIRES MARKET: REGION FOOTPRINT 225
TABLE 207 ELECTRIC VEHICLE TIRES MARKET: KEY STARTUPS/SMES 227
TABLE 208 ELECTRIC VEHICLE TIRES MARKET: COMPETITIVE BENCHMARKING OF STARTUPS/SMES 228
TABLE 209 ELECTRIC VEHICLE TIRES MARKET: PRODUCT LAUNCHES/DEVELOPMENTS, JANUARY 2022–JUNE 2025 229
TABLE 210 ELECTRIC VEHICLE TIRES MARKET: DEALS, JANUARY 2022–JUNE 2025 238
TABLE 211 ELECTRIC VEHICLE TIRES MARKET: EXPANSIONS, JANUARY 2022–JUNE 2025 241
TABLE 212 ELECTRIC VEHICLE TIRES MARKET: OTHER DEVELOPMENTS,
JANUARY 2022–JUNE 2025 242
TABLE 213 MICHELIN: COMPANY OVERVIEW 246
TABLE 214 MICHELIN: PRODUCTS OFFERED 247
TABLE 215 MICHELIN: PRODUCT LAUNCHES/DEVELOPMENTS 248
TABLE 216 MICHELIN: DEALS 250
TABLE 217 MICHELIN: OTHER DEVELOPMENTS 251
TABLE 218 BRIDGESTONE CORPORATION: COMPANY OVERVIEW 252
TABLE 219 BRIDGESTONE CORPORATION: PRODUCTS OFFERED 253
TABLE 220 BRIDGESTONE CORPORATION: PRODUCT LAUNCHES/DEVELOPMENTS 254
TABLE 221 BRIDGESTONE CORPORATION: DEALS 255
TABLE 222 BRIDGESTONE CORPORATION: OTHER DEVELOPMENTS 255
TABLE 223 THE GOODYEAR TIRE & RUBBER COMPANY: COMPANY OVERVIEW 257
TABLE 224 THE GOODYEAR TIRE & RUBBER COMPANY: PRODUCTS OFFERED 258
TABLE 225 THE GOODYEAR TIRE & RUBBER COMPANY: PRODUCT LAUNCHES/DEVELOPMENTS 259
TABLE 226 THE GOODYEAR TIRE & RUBBER COMPANY: DEALS 260
TABLE 227 THE GOODYEAR TIRE & RUBBER COMPANY: OTHER DEVELOPMENTS 260
TABLE 228 CONTINENTAL AG: COMPANY OVERVIEW 262
TABLE 229 CONTINENTAL AG: PRODUCTS OFFERED 263
TABLE 230 CONTINENTAL AG: PRODUCT LAUNCHES/DEVELOPMENTS 264
TABLE 231 CONTINENTAL AG: OTHER DEVELOPMENTS 265
TABLE 232 PIRELLI & C. S.P.A.: COMPANY OVERVIEW 267
TABLE 233 PIRELLI & C. S.P.A.: PRODUCTS OFFERED 268
TABLE 234 PIRELLI & C. S.P.A.: PRODUCT LAUNCHES/DEVELOPMENTS 268
TABLE 235 PIRELLI & C. S.P.A.: DEALS 269
TABLE 236 PIRELLI & C. S.P.A.: EXPANSIONS 270
TABLE 237 PIRELLI & C. S.P.A.: OTHER DEVELOPMENTS 271
TABLE 238 SUMITOMO RUBBER INDUSTRIES, LTD.: COMPANY OVERVIEW 273
TABLE 239 SUMITOMO RUBBER INDUSTRIES, LTD.: PRODUCTS OFFERED 274
TABLE 240 SUMITOMO RUBBER INDUSTRIES, LTD.: PRODUCT LAUNCHES/DEVELOPMENTS 275
TABLE 241 SUMITOMO RUBBER INDUSTRIES, LTD.: DEALS 276
TABLE 242 SUMITOMO RUBBER INDUSTRIES, LTD.: EXPANSIONS 277
TABLE 243 SUMITOMO RUBBER INDUSTRIES, LTD.: OTHER DEVELOPMENTS 277
TABLE 244 HANKOOK TIRE & TECHNOLOGY: COMPANY OVERVIEW 278
TABLE 245 HANKOOK TIRE & TECHNOLOGY: PRODUCTS OFFERED 279
TABLE 246 HANKOOK TIRE & TECHNOLOGY: PRODUCT LAUNCHES/DEVELOPMENTS 279
TABLE 247 HANKOOK TIRE & TECHNOLOGY: DEALS 281
TABLE 248 HANKOOK TIRE & TECHNOLOGY: EXPANSIONS 282
TABLE 249 HANKOOK TIRE & TECHNOLOGY: OTHER DEVELOPMENTS 282
TABLE 250 NOKIAN TYRES PLC: COMPANY OVERVIEW 283
TABLE 251 NOKIAN TYRES PLC: PRODUCTS OFFERED 284
TABLE 252 NOKIAN TYRES PLC: PRODUCT LAUNCHES/DEVELOPMENTS 285
TABLE 253 NOKIAN TYRES PLC: DEALS 286
TABLE 254 NOKIAN TYRES PLC: EXPANSIONS 286
TABLE 255 KUMHO TIRE CO., INC.: COMPANY OVERVIEW 287
TABLE 256 KUMHO TIRE CO., INC.: PRODUCTS OFFERED 288
TABLE 257 KUMHO TIRE CO., INC.: PRODUCT LAUNCHES/DEVELOPMENTS 288
TABLE 258 KUMHO TIRE CO., INC.: DEALS 289
TABLE 259 KUMHO TIRE CO., INC.: EXPANSIONS 290
TABLE 260 KUMHO TIRE CO., INC.: OTHER DEVELOPMENTS 290
TABLE 261 ZHONGCE RUBBER GROUP CO., LTD.: COMPANY OVERVIEW 291
TABLE 262 ZHONGCE RUBBER GROUP CO., LTD.: PRODUCTS OFFERED 291
TABLE 263 ZHONGCE RUBBER CO., LTD: PRODUCT LAUNCHES/DEVELOPMENTS 292
TABLE 264 ZHONGCE RUBBER CO., LTD: EXPANSIONS 293
TABLE 265 ZHONGCE RUBBER CO., LTD: OTHER DEVELOPMENTS 293
TABLE 266 SAILUN GROUP CO., LTD.: COMPANY OVERVIEW 294
TABLE 267 CHENG SHIN RUBBER INDUSTRY. CO., LTD. (CST): COMPANY OVERVIEW 295
TABLE 268 APOLLO TYRES: COMPANY OVERVIEW 296
TABLE 269 SHANDONG LINGLONG TYRE CO., LTD.: COMPANY OVERVIEW 297
TABLE 270 GITI TIRE: COMPANY OVERVIEW 298
TABLE 271 THE YOKOHAMA RUBBER CO., LTD.: COMPANY OVERVIEW 299
TABLE 272 NEXEN TIRE: COMPANY OVERVIEW 300
TABLE 273 TOYO TIRE CORPORATION: COMPANY OVERVIEW 301
TABLE 274 CEAT LIMITED: COMPANY OVERVIEW 302
TABLE 275 BALKRISHNA INDUSTRIES LIMITED (BKT): COMPANY OVERVIEW 302
TABLE 276 KENDA TIRES: COMPANY OVERVIEW 303
FIGURE 1 RESEARCH DESIGN 35
FIGURE 2 RESEARCH PROCESS FLOW 36
FIGURE 3 BREAKDOWN OF PRIMARY INTERVIEWS: BY COMPANY TYPE,
DESIGNATION, AND REGION 40
FIGURE 4 RESEARCH METHODOLOGY: HYPOTHESIS BUILDING 42
FIGURE 5 ELECTRIC VEHICLE TIRES: MARKET SIZE ESTIMATION 43
FIGURE 6 BOTTOM-UP APPROACH 44
FIGURE 7 TOP-DOWN APPROACH 45
FIGURE 8 ELECTRIC VEHICLE TIRES: MARKET SIZE ESTIMATION NOTES 45
FIGURE 9 DATA TRIANGULATION 46
FIGURE 10 ELECTRIC VEHICLE TIRES: MARKET OVERVIEW 51
FIGURE 11 PASSENGER CARS SEGMENT TO LEAD MARKET IN 2025 52
FIGURE 12 BATTERY ELECTRIC VEHICLE (BEV) SEGMENT TO LEAD MARKET IN 2O25 52
FIGURE 13 ELECTRIC VEHICLE TIRES MARKET, BY REGION, 2025 VS. 2032 (USD MILLION) 53
FIGURE 14 KEY PLAYERS IN ELECTRIC VEHICLE TIRES MARKET 54
FIGURE 15 INCREASING ADOPTION OF ELECTRIC PASSENGER CARS TO DRIVE MARKET 55
FIGURE 16 BATTERY ELECTRIC VEHICLE (BEV) SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 55
FIGURE 17 HEAVY COMMERCIAL VEHICLES SEGMENT TO ACHIEVE HIGHEST GROWTH DURING FORECAST PERIOD 56
FIGURE 18 ON-ROAD SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 56
FIGURE 19 19–21” SEGMENT TO ACHIEVE HIGHEST GROWTH DURING FORECAST PERIOD 57
FIGURE 20 LESS THAN 100 SEGMENT TO LEAD MARKET DURING FORECAST PERIOD 57
FIGURE 21 NORTH AMERICA TO ACHIEVE HIGHEST CAGR DURING FORECAST PERIOD 58
FIGURE 22 ELECTRIC VEHICLE TIRES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,
AND CHALLENGES 60
FIGURE 23 GLOBAL BEV AND PHEV SALES, 2019–2024 (MILLION UNITS) 64
FIGURE 24 REVENUE SHIFT FOR PLAYERS IN ELECTRIC VEHICLE TIRES MARKET 71
FIGURE 25 ECOSYSTEM MAPPING 72
FIGURE 26 SUPPLY CHAIN ANALYSIS 73
FIGURE 27 IMPORT DATA FOR 401110-COMPLIANT PRODUCTS,
BY COUNTRY, 2020–2024 (USD BILLION) 82
FIGURE 28 EXPORT DATA FOR 401110-COMPLIANT PRODUCTS,
BY COUNTRY, 2020–2024 (USD BILLION) 85
FIGURE 29 PATENTS GRANTED, 2014–2024 89
FIGURE 30 INVESTMENT SCENARIO, 2022–2025 96
FIGURE 31 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS, BY VEHICLE TYPE 97
FIGURE 32 KEY BUYING CRITERIA, BY VEHICLE TYPE 98
FIGURE 33 ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE,
2025 VS. 2032 (USD MILLION) 110
FIGURE 34 ELECTRIC VEHICLE TIRES MARKET, BY PROPULSION TYPE,
2025 VS. 2032 (USD MILLION) 120
FIGURE 35 ELECTRIC VEHICLE TIRES MARKET, BY RIM SIZE, 2025 VS. 2032 (USD MILLION) 130
FIGURE 36 TIRE SIDEWALL INFORMATION 142
FIGURE 37 ELECTRIC VEHICLE TIRES MARKET, BY LOAD INDEX,
2025 VS. 2032 (USD MILLION) 143
FIGURE 38 ELECTRIC VEHICLE TIRES MARKET, BY APPLICATION,
2025 VS. 2032 (USD MILLION) 151
FIGURE 39 ELECTRIC VEHICLE TIRES MARKET, BY REGION, 2025 VS. 2032 (USD MILLION) 162
FIGURE 40 ASIA PACIFIC: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026 165
FIGURE 41 ASIA PACIFIC: GDP PER CAPITA, BY COUNTRY, 2024–2026 165
FIGURE 42 ASIA PACIFIC: INFLATION RATE AVERAGE CONSUMER PRICES,
BY COUNTRY, 2024–2026 166
FIGURE 43 ASIA PACIFIC: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP,
2024 (US TRILLION) 166
FIGURE 44 ASIA PACIFIC: ELECTRIC VEHICLE TIRES MARKET SNAPSHOT 167
FIGURE 45 EUROPE: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026 180
FIGURE 46 EUROPE: GDP PER CAPITA, BY COUNTRY, 2024–2026 (USD) 180
FIGURE 47 EUROPE: INFLATION RATE AVERAGE CONSUMER PRICES,
BY COUNTRY, 2024–2026 181
FIGURE 48 EUROPE: MANUFACTURING’S INDUSTRY CONTRIBUTION TO GDP,
2024 (USD TRILLION) 181
FIGURE 49 EUROPE: ELECTRIC VEHICLE TIRES MARKET SNAPSHOT 182
FIGURE 50 NORTH AMERICA: REAL GDP GROWTH RATE, BY COUNTRY, 2024–2026 202
FIGURE 51 NORTH AMERICA: GDP PER CAPITA, BY COUNTRY, 2024–2026 (USD) 202
FIGURE 52 NORTH AMERICA: INFLATION RATE AVERAGE CONSUMER PRICES,
BY COUNTRY, 2024–2026 203
FIGURE 53 NORTH AMERICA: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP,
2024 (USD TRILLION) 203
FIGURE 54 NORTH AMERICA: ELECTRIC VEHICLE TIRES MARKET SNAPSHOT 204
FIGURE 55 MIDDLE EAST & AFRICA: REAL GDP GROWTH RATE, 2024–2026 209
FIGURE 56 MIDDLE EAST & AFRICA: GDP PER CAPITA, 2024–2026 (USD) 210
FIGURE 57 MIDDLE EAST & AFRICA: INFLATION RATE AVERAGE CONSUMER PRICES,
2024–2026 210
FIGURE 58 MIDDLE EAST & AFRICA: MANUFACTURING INDUSTRY’S CONTRIBUTION
TO GDP, 2024 (USD TRILLION) 211
FIGURE 59 MARKET SHARE ANALYSIS, 2024 215
FIGURE 60 REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2020−2024 (USD BILLION) 218
FIGURE 61 COMPANY VALUATION OF KEY PLAYERS, 2024 219
FIGURE 62 FINANCIAL METRICS OF KEY PLAYERS, 2024 219
FIGURE 63 BRAND/PRODUCT COMPARISON 220
FIGURE 64 ELECTRIC VEHICLE TIRES MARKET: COMPANY EVALUATION MATRIX
(KEY PLAYERS), 2024 222
FIGURE 65 ELECTRIC VEHICLE TIRES MARKET: COMPANY FOOTPRINT, 2024 223
FIGURE 66 ELECTRIC VEHICLE TIRES MARKET: COMPANY EVALUATION MATRIX (STARTUPS/SMES), 2024 226
FIGURE 67 MICHELIN: COMPANY SNAPSHOT 247
FIGURE 68 BRIDGESTONE CORPORATION: COMPANY SNAPSHOT 253
FIGURE 69 THE GOODYEAR TIRE & RUBBER COMPANY: COMPANY SNAPSHOT 258
FIGURE 70 CONTINENTAL AG: COMPANY SNAPSHOT 263
FIGURE 71 PIRELLI & C. S.P.A: COMPANY SNAPSHOT 267
FIGURE 72 SUMITOMO RUBBER INDUSTRIES, LTD.: COMPANY SNAPSHOT 274
FIGURE 73 HANKOOK TIRE & TECHNOLOGY: COMPANY SNAPSHOT 278
FIGURE 74 NOKIAN TYRES PLC: COMPANY SNAPSHOT 284
FIGURE 75 KUMHO TIRE CO., INC.: COMPANY SNAPSHOT 287