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Last Updated: Apr 25, 2025 | Study Period: 2024-2030
It's not just the powertrain that differs in electric automobiles, the tires are also a significant factor. For a number of reasons, electric automobiles need specialized tires. EV tires need to be able to carry greater weight than internal-combustion cars while also providing more torque to the road while going forward from a stop.
Tire noise is considerably more audible in electric automobiles than in internal combustion vehicles due to their very quiet powertrains, which partially masks it.
Using design and manufacturing methods including unique tread patterns, sound-absorbing foam, and rubber compounds in EV tires, EV cars may have their noise levels reduced.
To accommodate for the additional weight of a battery pack, tires for electric vehicles must have enhanced load-bearing capability. To manage the almost instantaneous torque of electric motors, the tread pattern and tire compound are also designed specifically for EVs.
The Spain EV Tire Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2024 to 2030.
A new line of tires created especially for luxury electric vehicles was unveiled by Hankook Tires (EVs). The three new iON tires, according to Hankook's statement, are made of a new, ultra-durable aramid fiber material and have been engineered to manage the added weight.
Under the increased loads and high torque of an electric car, this combination should avoid wear and help them maintain their form.
Hankook's iON series of tires for electric cars make a premium offering that could provide a greater range and less tire and road noise. In essence, they'll be fantastic for powerful, hefty EVs that are headed for the streets.
Hankook further notes that the rigid construction makes the tires more durable and quieter than before. whilst conceivably extending the space between charges.
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 |