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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
As the popularity of electric cars (EVs) rises, tire manufacturers are increasingly providing tires designed expressly to improve the performance of EVs and assist the market's expansion.
Electric drive technology reduces engine noise, pollutants, maintenance expenses, and running costs as compared to combustion-powered vehicles. Using design and manufacturing methods including unique tread patterns, sound-absorbing foam, and rubber compounds, EV cars may have their noise levels reduced.
Because EV-specific tires are designed to sustain the increased load, they are crucial for achieving the best performance and would wear out more quickly if an EV ran on ordinary tires.
EV tires must perform better in terms of traction, steering, and braking since EVs have strong initial acceleration and high output from the time a driver presses the pedal.
The Mexico EV Tire Market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.
The P Zero All Season Plus with Elect Marking, the Italian tire manufacturer Pirelli's first-ever replacement tire for electric vehicles, has been released in Latin America.
The Elect symbol on Pirelli's tires denotes the number of noteworthy benefits. First, the tire has low rolling resistance, which extends the driving range and uses less energy, reducing the number of times you need to stop at an electric car charger.
The Pirelli Elect series reduces road contact when paired with a high-range vehicle, increasing vehicle efficiency. Reduced road noise makes the interior of an EV more serene and quiet, which is one of the most significant and obvious benefits.
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, 2024-2030 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2024-2030 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2024-2030 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2024-2030 |
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 |