How Big is the India Electric Vehicle Tire Market?
The India Electric Vehicle Tire Market is projected to grow at a CAGR of more than 100% during the forecast period, i.e., 2022-27. The market is driven by the rapidly increasing concerns over environmental degradation, excessive use of fossil fuels, and mounting emissions, leading to several health issues while challenging sustainability.
Market Statistics
- Market Growth Rate (CAGR): 100% from 2022-2027
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India Electric Vehicle Tire Market Segmentation:
The report has segmented the market into the following categories:
By Vehicle Type
- Passenger Cars
- Commercial Cars
- Two-Wheelers
By Product Type
- Radial Tires
- Bias Tires
By Tire Size
- Up to 14”
- 15”-18”
- Above 18”
By Propulsion
- Battery Electric Vehicle (BEV)
- Hybrid Electric Vehicle (HEV)
By Sales Channel
- Original Equipment Manufacturers (OEMs)
- Aftermarkets
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Competitive Landscape:
- Apollo Tyres
- Bridgestone
- Ceat Tire
- Continental AG
- Cooper Tire & Rubber Company
- Goodyear Tire & Rubber Co.
- Hankook Tire & Technology Co. Ltd.
- Michelin
- Nokian Tyres
- Pirelli & C. S.p.A.
- Yokohama Rubber Co. Ltd.
- Others.
The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant.
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Key Highlights of the Report:
- Market Performance (2022-2027)
- Strategic Recommendations
- Current, Historical and Future Market Trends
- Market Drivers and Leading Competitor
- SWOT Analysis
- Structure of the Market
- Comprehensive Mapping and Recent Advancement
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