India EV Tire Market 2023-2030
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India EV Tire Market 2023-2030

Last Updated:  Apr 26, 2025 | Study Period: 2023-2030

INDIA EV TIRE MARKET

 

INTRODUCTION

The tyre is a complicated technological component of modern automobiles that must execute a number of duties. It must cushion, dampen, give strong directional stability, and last for a long time. Thereby the EV based tires has been properly integrated to an integrated approach of EV Propulsion effectiveness.

 

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A high-tech tyre must be as balanced in all of its features as feasible. Concentrating development fully on a single feature is unavoidable, at the expense of all other qualities. A tyre optimised only for rolling resistance, for example, would inevitably perform worse in another area. Wet braking is a typical illustration of a goal conflict in action.

 

INDIA EV TIRE MARKET DEVELOPMENTS AND INNOVATIONS

 

S NoOverview of DevelopmentDevelopment DetailingRegion of DevelopmentPossible Future Outcomes
1JK Tyre plans to invest Rs 100 crore to develop EV productsJK Tyre is now delivering tyres with pressure monitoring sensors to JBM's electric buses. It also sells tyres to EV manufacturers that make two- and three-wheelers.IndiaThis would enhance better Technological Controls
2Tata Power and Apollo Tyres join forces to build EV charging stations in IndiaTata Power as well as Apollo Tyres have declared plans to introduce accessible superchargers around the nation as part of the cooperation.IndiaThis would enhance better Technological Controls
3Bridgestone Reveals Tyre Portfolio Transformation To Tackle Greatest EV ChallengesBridgestone EMIA (Bridgestone) is spending in tyre technology to pioneer premium tyres and tyre technology to facilitate the adoption of electric cars.India and GlobalThis would enhance better Technological Controls
4Bridgestone aims for EV tires to make up 90% of sales by 2030Bridgestone is shifting its attention to electric vehicles, with the goal of making EV tyres account for 90% of all new automobile tyres by 2030.IndiaThis would enhance better Technological Controls
5Michelin's New Uptis Airless Tyre Could Be Offered In A GM Compact EV In The Next Three To Five YearsWithin next four to five years, Michelin's new Uptis airless tyre might be available in a GM compact electric vehicle.IndiaThis would enhance better Technological Controls

 

INDIA EV TIRE MARKETSIZE AND FORECAST

 

The India EV Tire Market accounted for $XX Billion in 2022 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2023 to 2030.

 

COMPETITIVE LANDSCAPE

With the advent of electric vehicles and their significant lower propulsion noise emission it is possible to assess the tyre-road noise through cruise-by measurements with an increased accuracy, even at speeds where a combustion engine propulsion system would usually disturb the measurement results.

 

Despite the fact that many domestic businesses have developed electric cars, there is still a long way to go from research to mass manufacturing, which necessitates a significant amount of technical research and development. 

 

Yokohama is a leading mobiliser of Electra vehicle focused tire technologies mobilisation in the market. It has brought in the Advan Tires which are focused tyres that have an impact on essential aspects of electric cars, such as efficiency, range, and low operating noise, thus tyre manufacturers are developing swiftly to address these critical performance qualities while maintaining the tyre's primary safety functions.

 

Yokohama claims to have played a vital role in the development of its tyre line to satisfy the needs of the future generation of automobiles.

 

Bridgestone Inc. is part of the component manufacturing trending companies in the current industry.  The latest integrations by the company have been focused on EV tires based on Large tyre diameter as well as rising inflation pressures minimise induced drag by dramatically reducing tyre distortion when in direct contact with the ground.

 

Tyre size is narrowed to minimise aerodynamics opposition, which would be a key aspect in increasing a car's fuel economy.

 

COMPANIES PROFILED

 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

  1. What is the average selling price in the India EV Tire Market right now and how will it change in the next 5-6 years? 
  2. Market share of India EV Tire Market manufacturers and their upcoming products
  3. Cost advantage for OEMs who manufacture India EV Tire Market in-house.
  4. 5 key predictions for next 5 years in India EV Tire Market
  5. Latest trends in India EV Tire Market, by every market segment
  6. The market size (both volume and value) of India EV Tire Market in 2023-2030 and every year in between
  7. Global production breakup of India EV Tire Market, by suppliers and their OEM relationship
  8. What is happening overall in the India EV Tire Market.
  9. Who are the major players in the India EV Tire Market.
  10. What are the business opportunities in the India EV Tire Market?
  11. What is the target group ?
  12. What are the strategies for the India EV Tire Market in the next 5 years?
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, 2023-2030
18Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
19Market Segmentation, Dynamics and Forecast by Application, 2023-2030
20Market Segmentation, Dynamics and Forecast by End use, 2023-2030
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