Global Electric Vehicle Tire (Tyre) Market Analysis, 2021 research report depicts a deep dive market analysis of statistics of Global Electric Vehicle Tire (Tyre) market which consists of regional and country-wise market size, forecast, CAGR market segmentation, market shares of diverse regions and countries, market share of various end-users, applications, product type, technologies, competitive benchmarking, etc.

Market Opportunities
According to MarkNtel Advisors’ research report “Global Electric Vehicle Tire (Tyre) Market Analysis, 2021”, the Global Electric Vehicle Tire (Tyre) market is anticipated to grow at a considerable CAGR during 2021-26F. The growth of the market is attributed to increasing inclination of the government toward the electric vehicle in order to reduce the carbon emission, a significant rise in the sales of light electric vehicle and burgeoning inclination toward the electrification of public transportation by introducing electric buses. Besides these, the launch of the advanced tire of EV, escalating demand for e-bikes and motorcycle and proliferating investment toward the development of electric vehicle infrastructure are some of the factors anticipated to propel the demand for electric vehicle tires in the forthcoming timeline.

Market Segmentation
OEM Acquired the Majority Market Share
Based on Distribution Channel, OEM acquired the majority market share in the Global Electric Vehicle Tire (Tyre) market. This is due to a significant rise in the sales of an electric vehicle, the introduction of electric buses and the increasing presence of OEM across the globe. Around 2.1 million electric cars sold globally in 2019, surpassing 2018. Thus, this is anticipated to promulgates the demand for an electric vehicle which would further contribute towards the growth of the Electric Vehicle Tire (Tyre) market globally in the near future as revealed by the MarkNtel Advisors’ research report “Global Electric Vehicle Tire (Tyre) Market Analysis, 2021”.

Impact of Covid-19
The COVID-19 crisis has a profound impact on the sales of the electric vehicle tire market. This is due to declining in the sales of electric vehicle globally, factory closures continue into Q2, and insufficient parts supply due to closed border. However, in Q3 and Q4 the market gained paced as is expected to grow at a sturdy rate in the coming years.
According to MarkNtel Advisors’, the key players with a considerable market share in the Global Electric Vehicle Tire (Tyre) market include Continental AG, Bridgestone Corporation, Yokohama Rubber Company Ltd., Hankook Tire & Technology Group, The Goodyear Tire & Rubber Company, Michelin Group, Kumho Tire Company Inc., Pirelli & C. S.p.A, Toyo Tire Corporation, GITI Tire etc.

Key Questions Answered in the Market Research Report
1. What are the key overall market statistics or market estimates (Market Overview, Market Size- By Value, Forecast Numbers, Market Segmentation, Market Shares) of Global Electric Vehicle Tire (Tyre) Market?
2. What is the region wise industry size, growth drivers and challenges key market trends?
3. What are the key innovations, technology upgrades, opportunities, regulations in the Global Electric Vehicle Tire (Tyre) Market?
4. Who are the key competitors or market players and how they perform in Global Electric Vehicle Tire (Tyre) Market based on competitive benchmarking matrix?
5. What are the key results derived from the market surveys conducted during the course of Global Electric Vehicle Tire (Tyre) Market study?

Market Outlook, Segmentation and Statistics
1) Impact of COVID-19 on Global Electric Vehicle Tire (Tyre) Market
2) Market Size & Analysis
a) By Revenues (USD Million)
b) Unit Sold
3) Market Share & Analysis
a) By Type of Tire
i) Radial
ii) Bias
b) By Vehicle Type
i) Passenger Car
ii) Two-Wheeler & Three-Wheeler
iii) Commercial Vehicle
iv) Others
c) By Price Category
i) Budget
ii) Premium
iii) Economy
d) By Distribution Channel
i) OEM
ii) Aftermarket
e) By Sales Channel
i) Direct Sales
ii) Online
iii) Dealers/ Exclusive Outlets
f) By Rim Diameter
i) Up to 12”
ii) 12.1” to 15”
iii) 15.1.” to 18”
iv) 18.1” to 20”
v) 20.1” to 22.5”
vi) 22.6” to 26”
vii) 26.1” to 35”
viii) 35.1” to 47”
ix) Above 47”
g) By Region
4) North America Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
a) The US Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
b) Canada Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
c) Mexico Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
5) South America Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
a) Brazil Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
6) Europe Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
a) The UK Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
b) Germany Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
c) France Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
d) Italy Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
e) Spain Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
7) Middle East & Africa Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
a) UAE Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
b) Saudi Arabia Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
c) South Africa Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
8) Asia-Pacific Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
a) China Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
b) Japan Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
c) India Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
d) Australia Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
e) South Korea Electric Vehicle Tire (Tyre) Market Outlook, 2016-2026F (USD Million)
i) By Company
(1) Revenue Shares
(2) Strategic Factorial Indexing
(3) Competitor Placement in MarkNtel Quadrant
9) Global Electric Vehicle Tire (Tyre) Market Policies, Regulations, Product Standard
10) Global Electric Vehicle Tire (Tyre) Market Hotspots & Opportunities
11) Global Electric Vehicle Tire (Tyre) Market - Buyers Key Decision Making Factors
12) Global Electric Vehicle Tire (Tyre) Market - Strategies Adopted by Suppliers
13) Global Electric Vehicle Tire (Tyre) Market – Price Analysis
14) Competition Outlook
a) Competitor Wise Growth Strategies
b) Company Profiles

Frequently Asked Questions
Q. What is the historical year, base year and forecast year considered in the research report on Global Electric Vehicle Tire (Tyre) Market?
A. The historical data has been provided since 2016, while the base year is 2020 and the data is forecast up-to 2026.
Q. What are the units or denomination for measuring market value and volume in the report?
A. The market size/industry size or the market value is measured in terms of USD Million.
Q. What would be the growth rate or CAGR of Global Electric Vehicle Tire (Tyre) Market during 2021-26?
A. The growth rate of Global Electric Vehicle Tire (Tyre) Market during 2021-26 is forecast to be grow at a considerable CAGR.
Q. Who are the key competitors or players operating in Global Electric Vehicle Tire (Tyre) Market?
A. Continental AG, Bridgestone Corporation, Yokohama Rubber Company Ltd., Hankook Tire & Technology Group, The Goodyear Tire & Rubber Company, Michelin Group, Kumho Tire Company Inc., Pirelli & C. S.p.A, Toyo Tire Corporation, GITI Tire etc., are few of the leading players in the Global Electric Vehicle Tire (Tyre) Market.
Q. Which vehicle type segment would emerge as an opportunity area for players in Global Electric Vehicle Tire (Tyre) Market?
A. Passenger and Commercial vehicle is expected to attain the highest CAGR during the forecast period and maintain its significant market share.
Q. Which region would emerge as an opportunity area for players in Global Electric Vehicle Tire (Tyre) Market?
A. North America and Europe grabbed a majority market share continue to grow at a highest CAGR, presenting immense opportunities for manufacturers and suppliers of Global Electric Vehicle Tire (Tyre) Market.