THAILAND EV TIRE MARKET

INTRODUCTION

For a number of reasons, electric automobiles require special tires. Compared to internal combustion cars, these tires must manage greater weight and provide more power to the road when accelerating from a stop.

Due to the near-silent powertrains of electric automobiles, tire noise is far more audible than in internal combustion vehicles, where it is somewhat covered by engine noise. Future electric car tires and mileage requirements are of vital significance.

The range of an EV can be significantly impacted by wheels and tires in particular. In several testing, it has been demonstrated that swapping out the low-rolling-resistance factory tires and aerodynamic wheels with aftermarket ones reduces range while enhancing handling.

As the demand for electric cars rises, the market for EV tires in Thailand is anticipated to expand, presenting sales prospects for EV tires.

THAILAND EV TIRE MARKET SIZE AND FORECAST

The Thailand EV Tire Market accounted for $XX Billion in 2021 and is anticipated to reach $XX Billion by 2026, registering a CAGR of XX% from 2022 to 2027.

NEW PRODUCT LAUNCH

Pirelli proves once more that it is at the forefront of the electric vehicle revolution: the company unveiled its first replacement tire designed specifically for EVs, the P Zero All Season Plus with Elect marking, after being the first tire manufacturer to homologate a dedicated technology for EVs and having the highest number of EV tire homologations.

Numerous benefits come with the Elect marking. Low rolling resistance is the most important feature, as it will extend your driving range while using less fuel. The new Pirelli tire has demonstrated a reduction in rolling resistance when compared to a non-elect P Zero All Season Plus tyre, directly enhancing the vehicle's battery life.

Noise reduction is a major benefit of the Elect designation as it enhances cabin quietness and provides for maximum comfort. Reducing sound frequencies produced by the tires is essential to improve driving comfort in electric cars because the engine is no longer the main source of noise.

Finally, a rapid grip that will quickly bite into the pavement and turn on the power for a swift getaway. A unique framework made to sustain the weight of a battery-powered vehicle is another aspect that is noteworthy.

COMPANY PROFILE

• TOYO TIRES Thailand
• Bridgestone Sales (Thailand) Co. Ltd
• Michelin Thailand
• Pirelli MOTO (Thailand)
• Apollo Tyres (Thailand)
• Goodyear (Thailand) Public Company Limited
• Yokohama Tire Sales (Thailand) Co. Ltd.
• Hankook Tire Thailand Co., Ltd.
• Deestone Group
• Sumitomo Corporation Thailand
• Continental Tyres (Thailand) Co. Ltd. 

THIS REPORT WILL ANSWER FOLLOWING QUESTIONS

1. What is the average cost per Thailand EV Tire Marketright now and how will it change in next 5-6 years?
2. Average cost to set up anEV Tire MarketinThailand?
3. How manyThailand EV Tire Marketare 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 Thailand EV Tire Market and key vendor selection criteria
6. Where is theThailand EV Tire Marketmanufactured? What is the average margin per equipment?
7. Market share ofThailand EV Tire Market manufacturers and their upcoming products
8. The most important planned Thailand EV Tire Market in next 2 years
9. Details on network of majorThailand EV Tire Market and pricing plans
10. Cost advantage for OEMs who manufactureThailand EV Tire Market in-house
11. 5 key predictions for next 5 years inThailand EV Tire Market
12. Average B-2-BThailand EV Tire Marketprice in all segments
13. Latest trends inThailand EV Tire Market, by every market segment
14. The market size (both volume and value) ofThailand EV Tire Marketin 2022-2027 and every year in between?
15. Global production breakup ofThailand EV Tire Market, by suppliers and their OEM relationship