India EV Tire Market 2023-2030

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    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.

     

    infographic-India EV Tire Market, India EV Tire Market Size, India EV Tire Market Trends, India EV Tire Market Forecast, India EV Tire Market Risks, India EV Tire Market Report, India EV Tire Market Share

     

    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 No Overview of Development Development Detailing Region of Development Possible Future Outcomes
    1 JK Tyre plans to invest Rs 100 crore to develop EV products JK 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. India This would enhance better Technological Controls
    2 Tata Power and Apollo Tyres join forces to build EV charging stations in India Tata Power as well as Apollo Tyres have declared plans to introduce accessible superchargers around the nation as part of the cooperation. India This would enhance better Technological Controls
    3 Bridgestone Reveals Tyre Portfolio Transformation To Tackle Greatest EV Challenges Bridgestone EMIA (Bridgestone) is spending in tyre technology to pioneer premium tyres and tyre technology to facilitate the adoption of electric cars. India and Global This would enhance better Technological Controls
    4 Bridgestone aims for EV tires to make up 90% of sales by 2030 Bridgestone is shifting its attention to electric vehicles, with the goal of making EV tyres account for 90% of all new automobile tyres by 2030. India This would enhance better Technological Controls
    5 Michelin’s New Uptis Airless Tyre Could Be Offered In A GM Compact EV In The Next Three To Five Years Within next four to five years, Michelin’s new Uptis airless tyre might be available in a GM compact electric vehicle. India This would enhance better Technological Controls

     

    INDIA EV TIRE MARKET SIZE 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 no Topic
    1 Market Segmentation
    2 Scope of the report
    3 Abbreviations
    4 Research Methodology
    5 Executive Summary
    6 Introduction
    7 Insights from Industry stakeholders
    8 Cost breakdown of Product by sub-components and average profit margin
    9 Disruptive innovation in the Industry
    10 Technology trends in the Industry
    11 Consumer trends in the industry
    12 Recent Production Milestones
    13 Component Manufacturing in US, EU and China
    14 COVID-19 impact on overall market
    15 COVID-19 impact on Production of components
    16 COVID-19 impact on Point of sale
    17 Market Segmentation, Dynamics and Forecast by Geography, 2023-2030
    18 Market Segmentation, Dynamics and Forecast by Product Type, 2023-2030
    19 Market Segmentation, Dynamics and Forecast by Application, 2023-2030
    20 Market Segmentation, Dynamics and Forecast by End use, 2023-2030
    21 Product installation rate by OEM, 2023
    22 Incline/Decline in Average B-2-B selling price in past 5 years
    23 Competition from substitute products
    24 Gross margin and average profitability of suppliers
    25 New product development in past 12 months
    26 M&A in past 12 months
    27 Growth strategy of leading players
    28 Market share of vendors, 2023
    29 Company Profiles
    30 Unmet needs and opportunity for new suppliers
    31 Conclusion
    32 Appendix
       
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