India Electric Vehicle Tire Market Forecast 2030: Growth Trends, Key Players & Future Outlook | MarkNtel

MarkNtel Advisors Releases Comprehensive Study on the India Electric Vehicle Tire Market, Forecasting Strong Growth from 2025-2030

MarkNtel Advisors, a leading market research and consulting firm, has announced the release of its latest study titled “India Electric Vehicle Tire Market Analysis, 2025-2030.”This report provides a , key growth drivers, major challenges, and competitive landscape.

Designed to guide investors, stakeholders, and business leaders, the research aims to deliver valuable insights for strategic planning, risk assessment, and investment decision-making in the years ahead.

✅In case you missed it, we are currently revising our reports. Click on the below to get the latest research data with forecast for years 2026 to 2032, including market size, industry trends, and competitive analysis. It wouldn’t take long for the team to deliver the most recent version of the report.

Download a FREE PDF Sample of the Report: (Discover the market potential, platform-specific insights, and key industry trends.) https://www.marknteladvisors.com/query/request-sample/india-electric-vehicle-tire-market.html

India Electric Vehicle Tire Market Timeline Overview

This helps businesses identify emerging opportunities, assess market risks, and develop data-driven strategies for long-term success.

India Electric Vehicle Tire Market Outlook

According to the report, the India Electric Vehicle Tire Market size was valued at around 8.39 Million Units in 2024 and is projected to reach 48.39 Million Units by 2030. Along with this, the market is estimated to grow at a CAGR of around 32.04% during the forecast period, i.e., 2025-30.

The report also examines consumer preferences, regulatory impacts, and investment trends that will shape the market’s trajectory over the next decade.

India Electric Vehicle Tire Market Trends:

• Rapid Market Growth: The market is anticipated to experience significant growth, projected to increase from 8.39 million units in 2024 to 48.39 million units by 2030, reflecting a compound annual growth rate (CAGR) of approximately 32.04% during the forecast period.

• Government Support and Policies: Initiatives like the PM E-DRIVE scheme and the Electric Mobility Promotion Scheme 2024 (EMPS 2024) are designed to accelerate the adoption of electric vehicles and associated components, including tires, driving demand in the market.

• Shift Towards Radial Tires: Radial tires are expected to dominate the market due to their benefits such as lower rolling resistance and enhanced durability. Manufacturers are investing in the development of EV-specific radial tires to meet rising demands.

• Growing Two-Wheeler Segment: The two-wheeler segment is projected to hold the largest share of the EV tire market, fueled by increasing traffic congestion and supportive government policies encouraging the purchase of electric two-wheelers.

• Challenges from Raw Material Costs: Fluctuations in raw material prices, particularly natural rubber, pose challenges for manufacturers, potentially impacting profit margins and overall production costs in the tire sector.

View Full Report (All Data, In One Place): (Explore in-depth analyses, technological trends, and investment patterns.) https://www.marknteladvisors.com/research-library/india-electric-vehicle-tire-market.html

India Electric Vehicle Tire Market Segmentation

The study categorizes the India Electric Vehicle Tire Market into various segments and sub-segments, each analysed for its size, growth potential, and contribution to the overall industry.

-By Vehicle Type

• Passenger Cars- Market Size & Forecast 2020-2030F, Units Sold (Thousand Units)

• Commercial Cars- Market Size & Forecast 2020-2030F, Units Sold (Thousand Units)

• Two-Wheelers- Market Size & Forecast 2020-2030F, Units Sold (Thousand Units)

-By Product Type

• Radial Tires- Market Size & Forecast 2020-2030F, Units Sold (Thousand Units)

• Bias Tires- Market Size & Forecast 2020-2030F, Units Sold (Thousand Units)

-By Tire Size

• Up to 14”- Market Size & Forecast 2020-2030F, Units Sold (Thousand Units)

• 15”-18”- Market Size & Forecast 2020-2030F, Units Sold (Thousand Units)

• Above 18”- Market Size & Forecast 2020-2030F, Units Sold (Thousand Units)

-By Propulsion

• Battery Electric Vehicle (BEV)- Market Size & Forecast 2020-2030F, Units Sold (Thousand Units)

• Hybrid Electric Vehicle (HEV)- Market Size & Forecast 2020-2030F, Units Sold (Thousand Units)

-By Sales Channel

• Original Equipment Manufacturers (OEMs)- Market Size & Forecast 2020-2030F, Units Sold (Thousand Units)

• Aftermarkets- Market Size & Forecast 2020-2030F, Units Sold (Thousand Units)

Talk to Our Industry Analyst: Get personalized insights into company strategies and regional market dynamics.) https://www.marknteladvisors.com/query/talk-to-our-consultant/india-electric-vehicle-tire-market.html

Key Highlights of the Report

• Comprehensive Market Overview: In-depth analysis of market size, share, and forecasts from 2025-2030.

• Growth Drivers & Challenges: Clear insights into factors fueling or restraining market expansion.

• Investment & Regulatory Insights: Evaluation of key policies, funding trends, and collaborations influencing industry performance.

• Competitive Landscape: Detailed profiles of leading companies, including product portfolios, business strategies, financials, and recent developments such as mergers & acquisitions.

Analytical Tools: Application of SWOT Analysis, PESTEL Analysis, and Porter’s Five Forces Model to assess competition and external influences

Browse through our flexible pricing plans and choose the package that best fits your business needs whether you require a single-user license, corporate access, or customized insights. Once you select the plan that suits your requirements, you can purchase and instantly access the full report online – https://www.marknteladvisors.com/pricing/india-electric-vehicle-tire-market.html

Frequently Asked Questions (FAQ)

1. What is the projected growth rate of the India Electric Vehicle Tire Market?

2. What are the major factors driving this market’s growth?

3. Which regions are expected to lead the India Electric Vehicle Tire Market?

4. Who are the prominent players in the India Electric Vehicle Tire Market?

5. How is the competition structured in this market?

6. How can I access the full report?

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About us:

MarkNtel Advisors is a premier market research and consulting firm with deep domain expertise in the tire industry, including off-the-road vehicle tires, performance tires, and comprehensive tire reports. Our research covers manufacturing processes, raw material trends, and market expansion strategies. Leveraging Competitive Intelligence, we help tire manufacturers, distributors, and investors benchmark performance, anticipate demand shifts, and implement data-driven strategies for achieving long-term competitiveness and sustainability.

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