Germany EV Tire Market 2024-2030
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Germany EV Tire Market 2024-2030

Last Updated:  Apr 25, 2025 | Study Period: 2024-2030

GERMANY EV TIRE MARKET

 

INTRODUCTION

Electric drive technology reduces engine noise, pollutants, maintenance expenses, and running costs as compared to combustion-powered vehicles. But a large increase in weight is one effect of the many advantages of electric vehicles. Because batteries are hefty, the tires of electric cars are put under additional stress.

 

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There are both good and bad aspects to the torque of an electric engine. On the plus side, it results in immediate acceleration. On the other hand, the tires are put under more stress because of the high immediate torque.

 

Germany, which produces one out of every three cars in the continent, is the motor industry's economic engine.

 

GERMANY EV TIRE MARKET SIZE AND FORECAST

 

The German EV Tire Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030 registering a CAGR of XX% from 2024 to 2030.

 

GERMANY EV TIRE MARKET NEW PRODUCT LAUNCH

The Ventus iON S, the first summer tire in a new line of tires created especially for electric cars, has been introduced by Hankook Tire. By adopting this strategy, the business hopes to significantly advance the mobility transition to zero-emission cars from the standpoint of tire selection.

 

The Hankook Winter i*cept iON is one of the new, premium electric car "iON" tire family members, which also includes the new summer tire.

 

Reduced rolling resistance, exceptionally low noise rolling qualities, and strong load-bearing capacity are all features of the new tire. This translates to a greater range per battery charge and a superior driving experience for EV drivers as compared to traditional tires.

 

The new Hankook iON products are also specifically made for the instantaneous high torques generated by powerful electric cars. The new Hankook Ventus iON S provides an extensive range of technical solutions to fulfil the tough daily needs of EV tires.

 

Hankook has specifically increased load capacity to offset the higher vehicle mass of electric cars, which is brought on by the weighty driving batteries. Ultra-resistant aramid fibers, among other things, successfully offset the deformation stresses brought on by the very high torque in electric cars.

 

GERMANY EV TIRE MARKETCOMPANY PROFILE

 

GERMANY EV TIRE MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. What is the average cost per Germany EV Tire Marketright now and how will it change in next 5-6 years?
  2. Average cost to set up aEV Tire Market in Germany?
  3. How manyGermany EV Tire Marketare manufactured per annum globally? Who are the sub-component suppliers in different regions?
  4. What is happening in the overall public, globally?
  5. Cost breakup of a Germany EV Tire Market and key vendor selection criteria
  6. Where is theGermany EV Tire Marketmanufactured? What is the average margin per equipment?
  7. Market share ofGermany EV Tire Market manufacturers and their upcoming products
  8. The most important planned Germany EV Tire Market in next 2 years
  9. Details on network of majorGermany EV Tire Market and pricing plans
  10. Cost advantage for OEMs who manufactureGermany EV Tire Market in-house
  11. 5 key predictions for next 5 years inGermany EV Tire Market
  12. Average B-2-BGermany EV Tire Marketprice in all segments
  13. Latest trends inGermany EV Tire Market, by every market segment
  14. The market size (both volume and value) ofGermany EV Tire Marketin 2024-2030 and every year in between?
  15. Global production breakup ofGermany EV Tire Market, by suppliers and their OEM relationship
 
Sl noTopic
1Market Segmentation
2Scope of the report
3Abbreviations
4Research Methodology
5Executive Summary
6Introduction
7Insights from Industry stakeholders
8Cost breakdown of Product by sub-components and average profit margin
9Disruptive innovation in the Industry
10Technology trends in the Industry
11Consumer trends in the industry
12Recent Production Milestones
13Component Manufacturing in US, EU and China
14COVID-19 impact on overall market
15COVID-19 impact on Production of components
16COVID-19 impact on Point of sale
17Market Segmentation, Dynamics and Forecast by Geography, 2024-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030
19Market Segmentation, Dynamics and Forecast by Application, 2024-2030
20Market Segmentation, Dynamics and Forecast by End use, 2024-2030
21Product installation rate by OEM, 2023
22Incline/Decline in Average B-2-B selling price in past 5 years
23Competition from substitute products
24Gross margin and average profitability of suppliers
25New product development in past 12 months
26M&A in past 12 months
27Growth strategy of leading players
28Market share of vendors, 2023
29Company Profiles
30Unmet needs and opportunity for new suppliers
31Conclusion
32Appendix