電気自動車用タイヤ市場 – 2032年までの世界予測

Electric Vehicle Tires Market - Global Forecast to 2032

電気自動車用タイヤ市場 - 推進力(バッテリー電気自動車(BEV)、プラグインハイブリッド電気自動車(PHEV)、燃料電池電気自動車(FCEV)、車両タイプ(乗用車、小型商用車、大型商用車、バス)、荷重指数、用途(オンロード、オフロード)、リムサイズ(13~15インチ、16~18インチ、19~21インチ、21インチ超)、販売チャネル、地域別 - 2032年までの世界予測
Electric Vehicle Tires Market by Propulsion (Battery Electric Vehicle (BEV), Plug-in Hybrid Electric Vehicle (PHEV), Fuel Cell Electric Vehicle (FCEVs), Vehicle Type (Passenger Cars, Light Commercial Vehicle, Heavy Commercial Vehicles, Buses), Load Index, Application (On-Road, Off-Road), Rim Size (13–15”, 16–18”, 19–21”, > 21”), Sales Channel, and Region - Global Forecast to 2032

商品番号 : SMB-48224

出版社MarketsandMarkets
出版年月2025年7月
ページ数313
図表数351
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書
  • 本調査は、電気自動車用タイヤ市場を様々なセグメントにわたって網羅しています。推進力、車両タイプ、荷重指数、用途、リムサイズ、販売チャネル、地域に基づき、様々なセグメントにおける市場規模と将来の成長ポテンシャルを推定することを目的としています。また、主要市場プレーヤーの詳細な競合分析、企業概要、製品および事業内容に関する主要な考察、最近の動向、買収についても取り上げています。
  • この調査レポートでは、電気自動車用タイヤ市場を推進力(バッテリー電気自動車(BEV)、プラグインハイブリッド電気自動車(PHEV)、燃料電池電気自動車(FCEV)、ハイブリッド電気自動車(HEV)、車両タイプ(乗用車、小型商用車、大型商用車、バス)、荷重指数(100未満および100以上)、用途(オンロードおよびオフロード)、リムサイズ(13~15インチ、16~18インチ、19~21インチ、21インチ超)、販売チャネル(OEMおよびアフターマーケット)、地域(アジア太平洋、ヨーロッパ、北米、中東およびアフリカ)別に分類しています。
  • 本レポートは、電気自動車用タイヤ市場の成長に影響を与える主要な要因(推進要因、制約要因、課題、機会など)に関する詳細な情報を網羅しています。主要企業を徹底的に分析することで、事業概要、ソリューションとサービス、主要戦略(契約、パートナーシップ、合意、製品・サービスの発売、合併・買収)、そして最近の市場動向に関する洞察が得られます。また、電気自動車用タイヤ市場エコシステムにおける中小企業/スタートアップ企業の競合分析も本レポートに含まれています。

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.

世界の電気自動車用タイヤ市場は、2025年の112億1,000万米ドルから2032年には276億3,000万米ドルへと年平均成長率(CAGR)13.6%で成長すると予測されています。世界的な電気自動車販売台数の増加に伴い、電気自動車用タイヤの需要も増加すると予想されています。さらに、環境に配慮した持続可能な輸送手段の普及と政府の政策強化も、今後数年間の電気自動車用タイヤ市場の収益成長を後押しすると期待されています。

電気自動車用タイヤ市場 - 2032年までの世界予測 - chosareport.com
electric-vehicle-tires-market-new

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.

電気自動車用タイヤ市場 - 2032年までの世界予測 - region
electric-vehicle-tires-market-new-region

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.

電気自動車用タイヤ市場 - 2032年までの世界予測 - ecosystem
electric-vehicle-tires-market-new-ecosystem

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.

Table of Contents

1               INTRODUCTION              28

1.1           STUDY OBJECTIVES       28

1.2           MARKET DEFINITION   29

1.3           STUDY SCOPE   31

1.3.1        MARKET SEGMENTATION AND REGIONAL SCOPE                 31

1.3.2        INCLUSIONS & EXCLUSIONS       32

1.4           YEARS CONSIDERED      32

1.5           CURRENCY CONSIDERED            33

1.6           UNITS CONSIDERED      33

1.7           STAKEHOLDERS               33

1.8           SUMMARY OF CHANGES               34

2               RESEARCH METHODOLOGY       35

2.1           RESEARCH DATA              35

2.1.1        SECONDARY DATA          36

2.1.1.1    Key secondary sources         37

2.1.1.2    Key data from secondary sources       38

2.1.2        PRIMARY DATA 38

2.1.2.1    Key data from primary sources           39

2.1.2.2    List of companies participating in primary research       40

2.1.2.3    Market objectives of primary research              40

2.1.2.4    List of primary participants 41

2.2           MARKET SIZE ESTIMATION METHODOLOGY     41

2.3           MARKET SIZE ESTIMATION APPROACH 43

2.3.1        BOTTOM-UP APPROACH              44

2.3.2        TOP-DOWN APPROACH                44

2.4           DATA TRIANGULATION                46

2.5           FACTOR ANALYSIS          47

2.5.1        FACTOR ANALYSIS FOR MARKET SIZING: DEMAND AND SUPPLY SIDES   48

2.6           RESEARCH ASSUMPTIONS           49

2.7           RESEARCH LIMITATIONS             50

3               EXECUTIVE SUMMARY  51

4               PREMIUM INSIGHTS       55

4.1           ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN ELECTRIC VEHICLE TIRES MARKET         55

4.2           ELECTRIC VEHICLE TIRES MARKET, BY PROPULSION TYPE     55

4.3           ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE                 56

4.4           ELECTRIC VEHICLE TIRES MARKET, BY APPLICATION                 56

4.5           ELECTRIC VEHICLE TIRES MARKET, BY RIM SIZE                 57

4.6           ELECTRIC VEHICLE TIRES MARKET, BY LOAD INDEX                 57

4.7           ELECTRIC VEHICLE TIRES MARKET, BY REGION                 58

5               MARKET OVERVIEW       59

5.1           INTRODUCTION              59

5.2           MARKET DYNAMICS       60

5.2.1        DRIVERS               60

5.2.1.1    Government initiatives for green and clean environment                 60

5.2.1.2    Increasing demand to improve vehicle range   61

5.2.1.3    Increase in electric vehicle sales         64

5.2.2        RESTRAINTS      64

5.2.2.1    Lack of awareness regarding electric vehicle tires in emerging economies              64

5.2.2.2    Increased longevity of tires affecting aftermarket sales  65

5.2.3        OPPORTUNITIES              67

5.2.3.1    Development of smart and connected electric vehicle tires                 67

5.2.3.2    Focus on environmental sustainability              68

5.2.4        CHALLENGES    69

5.2.4.1    High stress rates due to instant torque and vehicle weight                 69

5.2.4.2    High cost and limited availability of electric vehicle tires                 70

5.3           TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS            71

5.4           ECOSYSTEM ANALYSIS  72

5.5           SUPPLY CHAIN ANALYSIS             73

5.6           REGULATORY LANDSCAPE         75

5.6.1        REGULATORY FRAMEWORK       75

5.6.2        LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS  76

5.6.2.1    North America      76

5.6.2.2    Europe   77

5.6.2.3    Asia Pacific            77

5.7           PRICING ANALYSIS          78

5.7.1        AVERAGE SELLING PRICE OF ELECTRIC VEHICLE TIRES FOR KEY PLAYERS,

BY VEHICLE TYPE, 2024 78

5.7.2        AVERAGE SELLING PRICE OF ELECTRIC VEHICLE TIRES, BY REGION, 2024               79

5.8           TRADE ANALYSIS             79

5.8.1        IMPORT DATA (HS CODE 401110)              79

5.8.1.1    US           79

5.8.1.2    Germany                 80

5.8.1.3    France    80

5.8.1.4    UK          80

5.8.1.5    Italy         81

5.8.1.6    Netherlands           81

5.8.1.7    Canada   81

5.8.2        EXPORT DATA (HS CODE 401110)              82

5.8.2.1    US           82

5.8.2.2    China      83

5.8.2.3    Mexico   83

5.8.2.4    Germany                 83

5.8.2.5    Japan      84

5.8.2.6    Thailand 84

5.8.2.7    Sweden   84

5.9           TECHNOLOGY ANALYSIS             85

5.9.1        KEY TECHNOLOGIES     85

5.9.1.1    Smart tires             85

5.9.1.2    Tread design         86

5.9.1.3    Structural Innovation: Sidewall reinforcement and puncture resistance               86

5.9.1.4    Smart Tire Integration: Sensor embedding and connectivity features  86

5.9.2        COMPLEMENTARY TECHNOLOGIES       87

5.9.2.1    Run-flat tires         87

5.9.2.2    Connectivity technology      87

5.9.3        ADJACENT TECHNOLOGIES       88

5.9.3.1    3D-printed tires    88

5.9.3.2    Green tires             88

5.9.3.3    Compound Innovation: Silica-enhanced rubber formulations                 88

5.10         PATENT ANALYSIS          89

5.11         CASE STUDY ANALYSIS 94

5.11.1      CASE STUDY 1: MICHELIN AND PORSCHE PARTNERED TO MANUFACTURE HIGH-PERFORMANCE TIRES TAILORED FOR PORSCHE VEHICLES              94

5.11.2      CASE STUDY 2: BRIDGESTONE CORPORATION COLLABORATED WITH ARLANXEO AND SOLVAY TO LAUNCH CO-DEVELOPED TECHSYN TIRE TECHNOLOGY TO BOOST ENVIRONMENTAL PERFORMANCE          94

5.11.3      CASE STUDY 3: BRIDGESTONE CORPORATION DEVELOPED TIRES FOR BMW IX ELECTRIC SUV                 95

5.11.4      CASE STUDY 4: PIRELLI & C. SPA DEVELOPED SPECIAL TIRE FOR LUCID AIR DREAM EDITION  95

5.11.5      CASE STUDY 5: GOODYEAR TIRE & RUBBER COMPANY DEVELOPED RANGEMAX RSD TIRES WITH LOW ROLLING RESISTANCE      96

5.12         INVESTMENT & FUNDING SCENARIO     96

5.13         KEY STAKEHOLDERS & BUYING CRITERIA            97

5.13.1      KEY STAKEHOLDERS IN BUYING PROCESS           97

5.13.2      BUYING CRITERIA           98

5.14         KEY CONFERENCES & EVENTS, 2025–2026              100

5.15         IMPACT OF AI/GEN AI   101

5.16         INSIGHTS INTO MATERIALS USED FOR ELECTRIC VEHICLE TIRES 101

5.16.1      SILICA   101

5.16.2      SYNTHETIC RUBBER      102

5.16.3      STEEL BELTS     102

5.16.4      NYLON 102

5.17         INSIGHTS INTO ELECTRIC VEHICLE TIRE OFFERINGS AND STRATEGIES            104

5.17.1      ELECTRIC VEHICLE TIRE OFFERINGS, BY KEY PLAYER                 104

5.17.2      ELECTRIC VEHICLE TIRE STRATEGIES, BY KEY OEM                 105

5.17.3      NEXT-GENERATION ELECTRIC VEHICLE TIRE TECHNOLOGIES               105

5.18         ELECTRIC VEHICLE TIRES VS. INTERNAL COMBUSTION ENGINE TIRES:

MARGIN ANALYSIS          106

5.19         IMPACT OF AUTONOMOUS VEHICLES ON ELECTRIC VEHICLE TIRES 107

5.19.1      SELF-HEALING TIRE TECHNOLOGIES    107

5.19.2      PREDICTIVE MAINTENANCE THROUGH SMART SENSORS              107

5.19.3      RUN-FLAT TIRE AND EXTENDED MOBILITY DESIGN                 107

5.19.4      LOW ROLLING RESISTANCE AND ACOUSTIC COMFORT                 107

5.20         INSIGHTS INTO TIRE SELECTION AND SERVICE INNOVATION    108

5.20.1      DIGITAL TIRE SELECTION: AI-POWERED TIRE RECOMMENDATION SYSTEMS  108

5.20.2      INSTALLATION SERVICES: MOBILE TIRE INSTALLATION AND CONVENIENCE       108

5.20.3      PERFORMANCE MONITORING: REAL-TIME TIRE HEALTH AND EFFICIENCY TRACKING    108

5.20.4      LOYALTY PROGRAMS: SUBSCRIPTION MODELS AND REPEAT PURCHASE INCENTIVES              108

6               ELECTRIC VEHICLE TIRES MARKET, BY VEHICLE TYPE                 109

6.1           INTRODUCTION              110

6.2           PASSENGER CARS             112

6.2.1        INCREASING SPENDING POWER OF CONSUMERS AND SALES OF PRIVATELY OWNED PASSENGER CARS TO DRIVE MARKET               112

6.3           LIGHT COMMERCIAL VEHICLES                113

6.3.1        GROWING NEED FOR REDUCING OPERATING COST OF COMMERCIAL VEHICLES TO DRIVE MARKET      113

6.4           HEAVY COMMERCIAL VEHICLES               115

6.4.1        RISING TRANSPORTATION OF SUSTAINABLE GOODS TO DRIVE MARKET         115

6.5           BUSES   117

6.5.1        ELECTRIFICATION OF PUBLIC TRANSPORT TO DRIVE MARKET               117

6.6           KEY INDUSTRY INSIGHTS             118

7               ELECTRIC VEHICLE TIRES MARKET, BY PROPULSION TYPE     119

7.1           INTRODUCTION              120

7.2           BATTERY ELECTRIC VEHICLE (BEV)       122

7.2.1        GROWING INVESTMENTS BY OEMS IN R&D TO DRIVE MARKET               122

7.3           PLUG-IN HYBRID ELECTRIC VEHICLE (PHEV)    124

7.3.1        REDUCTION IN VEHICLE OWNERSHIP TAX AND INCREASED CHARGING-BASED INCENTIVES TO DRIVE MARKET                 124

7.4           FUEL CELL ELECTRIC VEHICLE (FCEV) 126

7.4.1        FOCUS ON EXPANDING HYDROGEN REFUELING INFRASTRUCTURE TO DRIVE MARKET  126

7.5           HYBRID ELECTRIC VEHICLE (HEV)          128

7.5.1        AFFORDABLE PRICES OF HEVS TO DRIVE MARKET GROWTH             128

7.6           KEY INDUSTRY INSIGHTS             128

8               ELECTRIC VEHICLE TIRES MARKET, BY RIM SIZE                 129

8.1           INTRODUCTION              130

8.2           13–15”    134

8.2.1        RISING SALES OF SMALL AND MID-SIZED ELECTRIC PASSENGER CARS TO DRIVE MARKET    134

8.3           16–18”    135

8.3.1        EXPANDING LOGISTICS INDUSTRY TO DRIVE MARKET                 135

8.4           19–21”    137

8.4.1        GROWING DEMAND FOR SPORTS AND LUXURY PASSENGER CARS TO DRIVE MARKET    137

8.5           > 21”       138

8.5.1        INCREASE IN NUMBER OF CONSTRUCTION PROJECTS AND ADOPTION OF ELECTRIC BUSES TO DRIVE MARKET                 138

8.6           KEY INDUSTRY INSIGHTS             140

9               ELECTRIC VEHICLE TIRES MARKET, BY LOAD INDEX                 141

9.1           INTRODUCTION              142

9.2           LESS THAN 100  146

9.2.1        INCREASING SALES OF ELECTRIC AND HYBRID SMALL PASSENGER CARS TO DRIVE MARKET    146

9.3           ABOVE 100           148

9.3.1        GROWING DEMAND FOR ELECTRIC LUXURY CARS AND SUVS TO DRIVE MARKET              148

9.4           KEY INDUSTRY INSIGHTS             149

10            ELECTRIC VEHICLE TIRES MARKET, BY APPLICATION                 150

10.1         INTRODUCTION              151

10.2         ON-ROAD            152

10.2.1      RISING ADOPTION OF ELECTRIC BUSES TO DRIVE MARKET               152

10.3         OFF-ROAD          154

10.3.1      GROWING AVAILABILITY OF ELECTRIC TRUCKS TO DRIVE MARKET 154

10.4         KEY INDUSTRY INSIGHTS             156

11            ELECTRIC VEHICLE TIRES MARKET, BY SALES CHANNEL                 157

11.1         INTRODUCTION              157

11.2         OEM      159

11.2.1      INCREASING PREFERENCE OF CONSUMERS FOR SPECIALLY DEVELOPED TIRES FOR ELECTRIC VEHICLES TO DRIVE MARKET 159

11.3         AFTERMARKET 160

11.3.1      SURGE IN DEMAND FOR AFTERMARKET DRIVEN BY ELECTRIFICATION AND USAGE PATTERNS          160

11.4         KEY INDUSTRY INSIGHTS             160

12            ELECTRIC VEHICLE TIRES MARKET, BY REGION                 161

12.1         INTRODUCTION              162

12.2         ASIA PACIFIC     164

12.2.1      MACROECONOMIC OUTLOOK  164

12.2.2      CHINA  169

12.2.2.1  Initiatives like ‘Preferential vehicle licensing system’ and ‘Made in China’ to drive market    169

12.2.3      JAPAN   170

12.2.3.1  Growing domestic automobile manufacturing to drive market                 170

12.2.4      INDIA    172

12.2.4.1  Rising disposable income and affordable electric vehicle models to drive market      172

12.2.5      SOUTH KOREA  175

12.2.5.1  Growing investments in electric vehicles to drive market                 175

12.2.6      THAILAND          176

12.2.6.1  Increasing tax rebates and subsidies to drive market      176

12.2.7      INDONESIA        177

12.2.7.1  Declining battery cost and increasing consumer awareness

to drive market      177

12.2.8      MALAYSIA           177

12.2.8.1  Initiatives undertaken by global leaders in battery electric vehicles to drive market       177

12.2.9      VIETNAM             178

12.2.9.1  Focus on setting up new manufacturing plants to drive market                 178

12.3         EUROPE               178

12.3.1      MACROECONOMIC OUTLOOK  179

12.3.2      FRANCE                185

12.3.2.1  Growing incentives to promote eco-friendly vehicles to drive market    185

12.3.3      GERMANY           187

12.3.3.1  Increasing penetration of electric passenger cars to drive market                 187

12.3.4      NETHERLANDS 189

12.3.4.1  Growing demand for sustainable transportation to drive market                 189

12.3.5      NORWAY              190

12.3.5.1  Government incentives and tax rebates to drive market                 190

12.3.6      SWEDEN              192

12.3.6.1  Growing initiatives for vehicle electrification to drive market                 192

12.3.7      UK          194

12.3.7.1  Increasing government investments to drive market      194

12.3.8      AUSTRIA              196

12.3.8.1  Rising demand for passenger and commercial electric vehicles to drive market          196

12.3.9      SPAIN    198

12.3.9.1  Growing implementation of subsidy schemes to drive market                 198

12.3.10   SWITZERLAND 199

12.3.10.1                 Increasing focus on reducing carbon footprint to drive market    199

12.3.11   DENMARK           200

12.3.11.1                 Rising adoption of electric fleets by taxi companies to drive market          200

12.4         NORTH AMERICA             200

12.4.1      MACROECONOMIC OUTLOOK  201

12.4.2      US           205

12.4.2.1  Use of electric vehicles for construction, landscaping,

and delivery services to drive market 205

12.4.3      CANADA               207

12.4.3.1  Awareness regarding benefits of electric vehicles and favorable trade agreements to drive market      207

12.5         MIDDLE EAST & AFRICA                209

12.5.1      MACROECONOMIC OUTLOOK  209

12.5.2      SOUTH AFRICA 211

12.5.2.1  Policy support and commercial electric vehicle uptake to drive innovation              211

12.5.3      IRAN      212

12.5.3.1  Push for domestic electrification amid sanction-induced innovation to drive market  212

13            COMPETITIVE LANDSCAPE         213

13.1         INTRODUCTION              213

13.2         KEY PLAYER STRATEGIES /RIGHT TO WIN           213

13.3         MARKET SHARE ANALYSIS           215

13.4         REVENUE ANALYSIS, 2020–2024  218

13.5         COMPANY VALUATION 219

13.6         FINANCIAL METRICS      219

13.7         BRAND/PRODUCT COMPARISON             220

13.8         COMPANY EVALUATION MATRIX: KEY PLAYERS, 2024                 221

13.8.1      STARS   221

13.8.2      EMERGING LEADERS     221

13.8.3      PERVASIVE PLAYERS      221

13.8.4      PARTICIPANTS 221

13.8.5      COMPANY FOOTPRINT 223

13.8.5.1  Company footprint               223

13.8.5.2  Vehicle type footprint          224

13.8.5.3  Propulsion type footprint    224

13.8.5.4  Region Footprint  225

13.9         COMPANY EVALUATION MATRIX: STARTUPS/SMES, 2024        225

13.9.1      PROGRESSIVE COMPANIES         225

13.9.2      RESPONSIVE COMPANIES            225

13.9.3      DYNAMIC COMPANIES  225

13.9.4      STARTING BLOCKS         226

13.9.5      COMPETITIVE BENCHMARKING: STARTUPS/SMES, 2024                 227

13.9.5.1  List of key startups/SMEs  227

13.9.5.2  Competitive benchmarking of startups/SMEs 228

13.10       COMPETITIVE SCENARIO             229

13.10.1   PRODUCT LAUNCHES/DEVELOPMENTS               229

13.10.2   DEALS  238

13.10.3   EXPANSIONS     241

13.10.4   OTHER DEVELOPMENTS              242

14            COMPANY PROFILES      246

14.1         KEY PLAYERS     246

14.1.1      MICHELIN           246

14.1.1.1  Business overview 246

14.1.1.2  Products offered   247

14.1.1.3  Recent developments           248

14.1.1.3.1                Product launches/developments        248

14.1.1.3.2                Deals      250

14.1.1.3.3                Other developments             251

14.1.1.4  MnM view              251

14.1.1.4.1                Key strengths        251

14.1.1.4.2                Strategic choices   251

14.1.1.4.3                Weaknesses and competitive threats 251

14.1.2      BRIDGESTONE CORPORATION 252

14.1.2.1  Business overview 252

14.1.2.2  Products offered   253

14.1.2.3  Recent developments           254

14.1.2.3.1                Product launches/developments        254

14.1.2.3.2                Deals      255

14.1.2.3.3                Other developments             255

14.1.2.4  MnM view              256

14.1.2.4.1                Key strengths        256

14.1.2.4.2                Strategic choices   256

14.1.2.4.3                Weaknesses and competitive threats 256

14.1.3      THE GOODYEAR TIRE & RUBBER COMPANY       257

14.1.3.1  Business overview 257

14.1.3.2  Products offered   258

14.1.3.3  Recent developments           259

14.1.3.3.1                Product launches/developments        259

14.1.3.3.2                Deals      260

14.1.3.3.3                Other developments             260

14.1.3.4  MnM view              261

14.1.3.4.1                Key strengths        261

14.1.3.4.2                Strategic choices   261

14.1.3.4.3                Weaknesses and competitive threats 261

14.1.4      CONTINENTAL AG          262

14.1.4.1  Business overview 262

14.1.4.2  Products offered   263

14.1.4.3  Recent developments           264

14.1.4.3.1                Product launches/developments        264

14.1.4.3.2                Other developments             265

14.1.4.4  MnM view              266

14.1.4.4.1                Key strengths        266

14.1.4.4.2                Strategic choices   266

14.1.4.4.3                Weaknesses and competitive threats 266

14.1.5      PIRELLI & C. S.P.A.           267

14.1.5.1  Business overview 267

14.1.5.2  Products offered   268

14.1.5.3  Recent developments           268

14.1.5.3.1                Product launches/developments        268

14.1.5.3.2                Deals      269

14.1.5.3.3                Expansions             270

14.1.5.3.4                Other developments             271

14.1.5.4  MnM view              271

14.1.5.4.1                Key strengths        271

14.1.5.4.2                Strategic choices   271

14.1.5.4.3                Weaknesses and competitive threats 272

14.1.6      SUMITOMO RUBBER INDUSTRIES, LTD.                273

14.1.6.1  Business overview 273

14.1.6.2  Products offered   274

14.1.6.3  Recent developments           275

14.1.6.3.1                Product launches/developments        275

14.1.6.3.2                Deals      276

14.1.6.3.3                Expansions             277

14.1.6.3.4                Other developments             277

14.1.7      HANKOOK TIRE & TECHNOLOGY             278

14.1.7.1  Business overview 278

14.1.7.2  Products offered   279

14.1.7.3  Recent developments           279

14.1.7.3.1                Product launches/developments        279

14.1.7.3.2                Deals      281

14.1.7.3.3                Expansions             282

14.1.7.3.4                Other developments             282

14.1.8      NOKIAN TYRES PLC        283

14.1.8.1  Business overview 283

14.1.8.2  Products offered   284

14.1.8.3  Recent developments           285

14.1.8.3.1                Product launches/developments        285

14.1.8.3.2                Deals      286

14.1.8.3.3                Expansions             286

14.1.9      KUMHO TIRE CO., INC. 287

14.1.9.1  Business overview 287

14.1.9.2  Products offered   288

14.1.9.3  Recent developments           288

14.1.9.3.1                Product launches/developments        288

14.1.9.3.2                Deals      289

14.1.9.3.3                Expansions             290

14.1.9.3.4                Other developments             290

14.1.10   ZHONGCE RUBBER GROUP CO., LTD.    291

14.1.10.1                 Business overview 291

14.1.10.2                 Products offered   291

14.1.10.3                 Recent developments           292

14.1.10.3.1             Product launches/developments        292

14.1.10.3.2             Expansions             293

14.1.10.3.3             Other developments             293

14.2         OTHER PLAYERS              294

14.2.1      SAILUN GROUP CO., LTD.            294

14.2.2      CHENG SHIN RUBBER INDUSTRY CO., LTD. (CST)                 295

14.2.3      APOLLO TYRES 296

14.2.4      SHANDONG LINGLONG TYRE CO., LTD.                297

14.2.5      GITI TIRE             298

14.2.6      THE YOKOHAMA RUBBER CO., LTD.       299

14.2.7      NEXEN TIRE       300

14.2.8      TOYO TIRE CORPORATION         301

14.2.9      CEAT LIMITED  302

14.2.10   BALKRISHNA INDUSTRIES LIMITED (BKT)           302

14.2.11   KENDA TIRES    303

15            RECOMMENDATIONS BY MARKETSANDMARKETS                 304

15.1         ASIA PACIFIC TO BE LARGEST MARKET FOR ELECTRIC VEHICLE TIRES 304

15.2         TIRE MANUFACTURERS PREFER HIGH-PERFORMANCE ELECTRIC VEHICLE TIRES            304

15.3         CONCLUSION    305

16            APPENDIX           306

16.1         KEY INSIGHTS FROM INDUSTRY EXPERTS            306

16.2         DISCUSSION GUIDE        306

16.3         KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL                309

16.4         CUSTOMIZATION OPTIONS        311

16.5         RELATED REPORTS         311

16.6         AUTHOR DETAILS           312

LIST OF TABLES

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

LIST OF FIGURES

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