MarkNtel Advisors offers a comprehensive research report on the India Electric Vehicle Tire Market,covering all the aspects associated with the vast market dynamics. This study is rigorous & incorporates an extensive & detail-driven examination of the industry, exhibiting drivers, restraints, opportunities, challenges, key trends, & recent developments, among others, making a significant influence on the market growth.
This analysis covers data from the historic years (2017-20) and the base year (2021), put together in a way to bring out estimations for the forecast period (2022-2027). In the study, our researchers bring reliable, unbiased, & accurate data on the market, enlightening the investors about fluctuating industry operations & anticipations on what to expect in the future.
Recent Development in the of India Electric Vehicle Tire Market: –
-In Aug, 2022, Corrit Electric, a Gurugram-based electric vehicle start-up, has introduced two variants of electric bikes in India, namely Hover 2.0 and Hover 2.0+ having low-speed fat tires and claim to offer 110 km of range per charge. The best part is their transition time of just 3 seconds for 0-25 kmph.
-Same month in 2022, citing the specific requirement of Electric Vehicles, particularly for Two-wheelers and Passenger cars, Apollo Amperion launched EV tires. These variants project unparalleled rolling resistance, electric tread patterns, low noise, & aerodynamic sidewall, catering to the needs of compact SUVs, hatchbacks, and sedans in India. These tires are used by Tata Nexon, Hyundai Kona, & MG ZSE. With this, Apollo has become the first company to launch a 5-star rating tire.
-Ceat, a prominent manufacturer, launched Winenergy X3-R tires, specially designed for Electric buses. The tire is expected to deliver a 30 percent improved mileage and better rolling resistance, with reduced noise to almost half. With a Robust casing, the composition is all steel and almost tubeless. So far, these are available in two sizes 295/80R22.5 & 255/70R22.5.
Scope of the Report: –
-Comprehensive Market Overview
The research comprises a brief insight into a comprehensive understanding of the India Electric Vehicle Tire Market. This section revolved around the key elements driving the demand & popularity of the products & services, along with an insight into the ongoing trends & developments that influence the market expansion.
-Role of the Governments & Participation of Players
This report also reveals the challenges faced by the players to sustain in the fragmented market while incorporating the diverse norms & regulations imposed by the governments across locations. Such information enables the stakeholders to make an informed decision before making investments or indulgences in the industry.
The industry is vast & scales across different regions, owing to which several challenges, opportunities, restraints, and drivers are shaping the market expansion. This section contemplates these interfaces by closely examining the parameters and the strategic moves made by the players to sustain the industry.
Various Question Asking by Most of the People (FAQ): –
-Who are the key companies in India Electric Vehicle Tire market?
-How big is the India Electric Vehicle Tire market?
-What is the area of opportunity for the segment in the India Electric Vehicle Tire market?
-How is the application contributing to the market growth during the forecast period?
-What are the major points impacting the market’s expansion?
Segmentation & Regional Analysis Included in This Report: –
The India Electric Vehicle Tire Market report brings a comprehensive analysis of the industry across each bifurcation & geography, covering elements like opportunities & challenges accessed by the players, demand, supply, & revenue generation, size, sales, profits, volume, and price fluctuations, among others. The highly fragmented India Electric Vehicle Tire Market bifurcates into the following segmentations: –
Market Alienated in to, By Vehicle Type
Market Alienated in to, By Product Type
Market Alienated in to, By Tire Size
-Up to 14”
Market Alienated in to, By Propulsion
-Battery Electric Vehicle (BEV)
-Hybrid Electric Vehicle (HEV)
Market Alienated in to, By Sales Channel
-Original Equipment Manufacturers (OEMs)
What You Will Get in this Report: –
In this research report you will get contemplates information from the past, ongoing trends & developments, putting together data after carefully assessing the changes in the industry, enabling the competitors to plan their strategies & tactics in diverse segments across locations, grounding on the following parameters: –
-Business strategies & shares
-Demand growth & falls
-Gross margins & profits
-Investment opportunities & revenue generation
-Key players & their profiling
-Trends & developments, among others
Leading Key Player Analysis: –
The researchers rigorously profile different prominent companies operating in the India Electric Vehicle Tire Market and mention the strategies, recent developments, expansion plans, product/service portfolio, mergers & acquisitions, & opportunities utilized to attain profit margins, among others, adopted by the players to sustain in the market. The prominent players profiled in the report include: –
-Cooper Tire & Rubber Company
-Goodyear Tire & Rubber Co.
-Hankook Tire & Technology Co. Ltd.
-Pirelli & C. S.p.A.
-Yokohama Rubber Co. Ltd.
About Us –
We specialize in niche industries and emerging geographies to support our clients in the formulation of strategies viz. Go to Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, trend analysis, etc. in around 15 industry verticals to enable our clients in identifying attractive investment opportunities and maximizing ROI through an early mover advantage.
We understand the growing need of our clients and thus focus on emerging industries to provide our services which can fulfill their need for assessing the current and future industry potential, identification of white spaces & hotspots and venturing into new geographies or business segments.
To get more information on your target market, you can visit Our official website of the MarkNtel Advisors to avail of customization services & detailed insights at affordable prices.
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