Electric Vehicle Tires Market Trends. The global electric vehicle tires market, valued at usd 2.8 billion in 2023, is forecast to accelerate to a market valuation of usd 11.2 billion by 2030. The electric vehicle tires market is witnessing significant growth due to the increasing adoption of electric vehicles worldwide.
Increasing demand for replacement tires driving market growth Specific tire requirements for evs fueling growth.
The Global Market For Ev Tires Is Forecast To Increase From An Estimated $15.6 Billion In 2022 To $46.2 Billion In 2027.
235/45r18 98w xl, 235/40r19 96w xl.
Global Electric Vehicle Specific Tires Market Size Was Valued At Usd 17.24 Billion In 2022 And Is Projected To Reach Usd 128 Billion By 2030, Growing At A Cagr Of 28.07%.
Evs need new and improved tires.
Global Production Of Electric Vehicle (Ev) Tires Market To Reach Us$ 100 Billion By 2033;
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The Global Market For Ev Tires Is Forecast To Increase From An Estimated $15.6 Billion In 2022 To $46.2 Billion In 2027.
After a decade of rapid growth, in 2020 the global electric car stock hit the 10 million mark, a 43% increase over 2019, and representing a 1% stock share.
Electric Vehicle Tires Market To Surge To Usd 11.2 Billion By 2030, Reflecting A Cagr Of 21.7%:
Global electric vehicle tires market continues its upward trajectory, reflecting the increasing adoption of electric vehicles worldwide.
Growing At A Cagr Of 26.6% Through The Forecast Period 2023 To 2033.