South Korea EV Tire Market 2024-2030

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    SOUTH KOREA EV TYRE MARKET

     

      

    INTRODUCTION 

     

    The evolution of mobility as we know it is being driven by electric and hybrid vehicles with minimal emissions.

     

    We need tires with stronger structures and more durable rubber compositions for electric cars since they carry a bigger load and must endure high immediate torque, which increases tire wear.

     

    We lay a specific focus on having the best grip possible since greater bulk and inertia result in longer braking distances.

     

    Infographic : South Korea EV Tyre Market, South Korea EV Tyre Market Size, South Korea EV Tyre Market Trends, South Korea EV Tyre Market Forecast, South Korea EV Tyre Market Risks, South Korea EV Tyre Market Report, South Korea EV Tyre Market Share

     

    As a result, tires for electric cars provide a smoother, more energy-efficient, and low-impact ride due to factors such as strong immediate torque, higher weight, the necessity for a long range, and fewer emissions.

      

     

    SOUTH KOREA EV TYRE MARKET SIZE AND FORECAST

      

    The South Korea 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. 

      

     

    SOUTH KOREA EV TYRE MARKET NEW PRODUCT LAUNCH

     

    The Kingery AS EV, a second-generation electric vehicle tire from Hankook Tire Co. Ltd., is designed for the newest electric cars, according to the tire manufacturer, and delivers enhanced handling and noise reduction (EVs).

     

    The Kingery AS EV is designed to suit the requirements of EVs, which have no engine noise, enhancing the audibility of road and tire noise. 

     

    The Kingery AS EV offers a noise environment appropriate for EVs, according to Hankook, with a feeling akin to that of an ultra-high-performance tire.

     

    The Kingery AS EV was created with the knowledge that EVs have reduced engine noise, greater beginning acceleration, and bodies that weigh 10 to 20 percent more than internal combustion engine vehicles.

     

     

    SOUTH KOREA EV TYRE MARKET RECENT PARTNERSHIPS AND AGREEMENTS

     

    Hyundai Motor, a South Korean carmaker, declared that it will collaborate with Michelin, a French tire manufacturer, to create high-end goods.

     

    Hyundai specifically mentioned that they will collaborate to create next-generation tires specifically for electric vehicles under the two-way agreement.

     

    Beyond the present norms of tire temperature and air pressure, Hyundai and Michelin want to collaborate to perform collaborative research on tire wear, tire load, and road friction.

     

    As a result, Hyundai Motor anticipates that the new tires will increase ride comfort for drivers by reducing the vibration and noise that electric vehicles produce when travelling at high speeds.

     

     

    SOUTH KOREA EV TYRE MARKET COMPANY PROFILE

     

     

     

    THIS SOUTH KOREA EV TYRE MARKET REPORT WILL ANSWER THE FOLLOWING QUESTIONS

     

    1. What is the average cost per  South Korea EV Tire Market right now and how will it change in the next 5-6 years?  
    2. The average cost to set up an EV Tire Market in South Korea? 
    3. How many South Korea EV Tire Market are 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  South Korea EV Tire Market  and key vendor selection criteria 
    6. Where is the South Korea EV Tire Market manufactured? What is the average margin per equipment? 
    7. Market share of South Korea EV Tire Market  manufacturers and their upcoming products 
    8. The most important planned  South Korea EV Tire Market  in the next 2 years 
    9. Details on a network of major South Korea EV Tire Market  and pricing plans 
    10. The cost advantage for OEMs who manufacture South Korea EV Tire Market  in-house 
    11. 5 key predictions for the next 5 years in South Korea EV Tire Market 
    12. Average B-2-B South Korea EV Tire Market price in all segments 
    13. Latest trends in South Korea EV Tire Market, by every market segment 
    14. The market size (both volume and value) of South Korea EV Tire Market in 2024-2030 and every year in between? 
    15. Global production breakup of South Korea EV Tire Market, by suppliers and their OEM relationship 
    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
     
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