
- Get in Touch with Us
Last Updated: Apr 25, 2025 | Study Period: 2022-2027
For several reasons, electric automobiles need special tyres. Their tyres must manage greater weight and provide more power to the road when accelerating from a stop as compared to internal combustion cars.
The development of autonomous linked cars and the rise in demand for smart vehicles are the main factors driving the industry as a whole.
The market for electric cars has been significantly boosted by the recent rollout of the 5G network and the growing trend toward automated vehicles over humanly controlled ones.
Another factor encouraging a large population to choose smart vehicles is the quick development of current technologies related to them.
The US 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.
The new ElectricDrive GT's introduction was announced by the Goodyear Tire & Rubber Company. The Goodyear ElectricDrive GT is an ultra-high performance, all-season tyre that offers EV drivers and passengers long-lasting tread wear and a quiet ride.
It is Goodyear's first replacement tyre in North America designed for electric cars (EVs). Goodyear's SoundComfort Technology, which functions as an internal sound barrier to assist minimise road noise, is a feature of the electric drive GT.
Additionally, it is created with an asymmetric tread pattern and a unique tyre compound that boost all-season grip and give EV drivers secure handling.
While Goodyear intends to increase the ElectricDrive This tyre, which will be sold through goodyear.com, is a perfect match for some of the most well-liked high-performance EV vehicles.
Bridgestone Americas (Bridgestone) has introduced the brand-new Bridgestone R192E all-position radial tyre, which was created specifically to support the usage of electric buses.
The Bridgestone R192E tyre, which is compatible with all bus types and provides ultra-low rolling resistance and high load capacity in response to the rapidly expanding market for electric commercial vehicles, increases daily ranges and maximises vehicle operation on a single charge.
The brand-new R192E tyre is also in line with Bridgestone's E8 Commitment, which consists of eight values that are akin to those of Bridgestone and begin with the letter "E" (Energy, Ecology, Efficiency, Extension, Economy, Emotion, Ease, and Empowerment).
Bridgestone has committed to developing these values with its partners, customers, and society in order to realise a sustainable society. "Ecology: Committed to improving sustainable tyre technology" is in line with the development of the electric tyre.
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, 2022-2027 |
18 | Market Segmentation, Dynamics and Forecast by Product Type, 2022-2027 |
19 | Market Segmentation, Dynamics and Forecast by Application, 2022-2027 |
20 | Market Segmentation, Dynamics and Forecast by End use, 2022-2027 |
21 | Product installation rate by OEM, 2022 |
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, 2022 |
29 | Company Profiles |
30 | Unmet needs and opportunity for new suppliers |
31 | Conclusion |
32 | Appendix |