Europe Electric Vehicle Tires Market Size, Share & Industry Analysis Report By Load Index (Less than 100 and Above 100), By Sales Channel, By Application, By Vehicle Type (Passenger Cars, Light Commercial Vehicles (LCVs), Heavy Commercial Vehicles (HCVs)
Description
The Europe Electric Vehicle Tires Market would witness market growth of 12.7% CAGR during the forecast period (2025-2032).
The Germany market dominated the Europe Electric Vehicle Tires Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $1,488.1 million by 2032, growing at a CAGR of 11.3 % during the forecast period. The UK market is expected to witness a CAGR of 11.4% during (2025 - 2032). Additionally, The France market is expected to witness a CAGR of 13.5% during (2025 - 2032). The Germany and UK led the Europe Electric Vehicle Tires Market by Country with a market share of 23.2% and 15.7% in 2024. The Italy market is expected to witness a CAGR of 13.4% during throughout the forecast period.
The rapid switch to electric mobility in Europe has transformed tyre industry priorities, forcing manufacturers to move from adapting legacy internal-combustion-engine tyres and towards developing dedicated EV tyre technologies. As the market for electric vehicles (EVs) grew, tire makers responded by making structures stronger, compounds that roll more easily, and tread patterns that are quieter. This was because electric vehicles are heavier, have more torque, and make less noise in the cabin. Regulatory drivers, especially EU rules on labeling tires and incentives for adopting electric vehicles, sped up innovation even more. This led brands to create EV-specific lines, expand EV-ready designations, and strengthen partnerships with original equipment manufacturers (OEMs). At the same time, sustainability has become a parallel goal, with companies using recycled materials, renewable oils, and circular-economy methods in the design and production of EV tires.
As big global and regional companies try to win OE fitment contracts, set themselves apart technologically, and support Europe's green mobility agenda, competition in the European EV tire market has gotten tougher. To meet both regulatory and consumer expectations, manufacturers are focusing on ultra-low rolling resistance to improve range, EV-tailored durability and noise reduction, and sustainability-centered design. There are now more than a thousand different types of tires made just for electric vehicles, and investment is going up in research and development and production facilities in Europe. This is making the market more divided and brand-driven. In the end, leadership is not about price but about the ability to make advanced, energy-efficient, eco-friendly tires that are made specifically for the way electric vehicles work.
Load Index Outlook
Based on Load Index, the market is segmented into Less than 100 and Above 100. The Less than 100 market segment dominated the Germany Electric Vehicle Tires Market by Load Index is expected to grow at a CAGR of 10.9 % during the forecast period thereby continuing its dominance until 2032. Also, The Above 100 market is anticipated to grow as a CAGR of 11.8 % during the forecast period during (2025 - 2032).
Sales Channel Outlook
Based on Sales Channel, the market is segmented into OEM and Aftermarket. With a compound annual growth rate (CAGR) of 11% over the projection period, the OEM Market, dominate the UK Electric Vehicle Tires Market by Sales Channel in 2024 and would be a prominent market until 2032. The Aftermarket market is expected to witness a CAGR of 12.2% during (2025 - 2032).
Rim Size Outlook
Based on Rim Size, the market is segmented into 16–18”, 19–21”, Above 21” and13–15”. Among various France Electric Vehicle Tires Market by Rim Size; The 16–18” market achieved a market size of USD $176.8 Million in 2024 and is expected to grow at a CAGR of 13 % during the forecast period. The 13–15” market is predicted to experience a CAGR of 14.1% throughout the forecast period from (2025 - 2032).
Country Outlook
Germany has become an important market for electric vehicle (EV) tires because it has a lot of car manufacturers, like Volkswagen and Mercedes-Benz, as well as top tire makers, like Continental and Pirelli. As more people buy electric vehicles, tires need to be able to handle heavier batteries, more torque, and less noise and rolling resistance. Manufacturers are making designs that work with electric vehicles, stronger structures, and compounds that don't resist as much. Continental's promise to label all new European tire lines as EV-Compatible by 2024 shows how the market is changing. Growing consumer awareness of EV-specific tyre performance and the increasing replacement-tyre segment further shape market dynamics. Germany is still a very competitive, innovation-driven, and strategically important place for making and selling EV-focused tires in Europe.
List of Key Companies Profiled
By Load Index
The Germany market dominated the Europe Electric Vehicle Tires Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $1,488.1 million by 2032, growing at a CAGR of 11.3 % during the forecast period. The UK market is expected to witness a CAGR of 11.4% during (2025 - 2032). Additionally, The France market is expected to witness a CAGR of 13.5% during (2025 - 2032). The Germany and UK led the Europe Electric Vehicle Tires Market by Country with a market share of 23.2% and 15.7% in 2024. The Italy market is expected to witness a CAGR of 13.4% during throughout the forecast period.
The rapid switch to electric mobility in Europe has transformed tyre industry priorities, forcing manufacturers to move from adapting legacy internal-combustion-engine tyres and towards developing dedicated EV tyre technologies. As the market for electric vehicles (EVs) grew, tire makers responded by making structures stronger, compounds that roll more easily, and tread patterns that are quieter. This was because electric vehicles are heavier, have more torque, and make less noise in the cabin. Regulatory drivers, especially EU rules on labeling tires and incentives for adopting electric vehicles, sped up innovation even more. This led brands to create EV-specific lines, expand EV-ready designations, and strengthen partnerships with original equipment manufacturers (OEMs). At the same time, sustainability has become a parallel goal, with companies using recycled materials, renewable oils, and circular-economy methods in the design and production of EV tires.
As big global and regional companies try to win OE fitment contracts, set themselves apart technologically, and support Europe's green mobility agenda, competition in the European EV tire market has gotten tougher. To meet both regulatory and consumer expectations, manufacturers are focusing on ultra-low rolling resistance to improve range, EV-tailored durability and noise reduction, and sustainability-centered design. There are now more than a thousand different types of tires made just for electric vehicles, and investment is going up in research and development and production facilities in Europe. This is making the market more divided and brand-driven. In the end, leadership is not about price but about the ability to make advanced, energy-efficient, eco-friendly tires that are made specifically for the way electric vehicles work.
Load Index Outlook
Based on Load Index, the market is segmented into Less than 100 and Above 100. The Less than 100 market segment dominated the Germany Electric Vehicle Tires Market by Load Index is expected to grow at a CAGR of 10.9 % during the forecast period thereby continuing its dominance until 2032. Also, The Above 100 market is anticipated to grow as a CAGR of 11.8 % during the forecast period during (2025 - 2032).
Sales Channel Outlook
Based on Sales Channel, the market is segmented into OEM and Aftermarket. With a compound annual growth rate (CAGR) of 11% over the projection period, the OEM Market, dominate the UK Electric Vehicle Tires Market by Sales Channel in 2024 and would be a prominent market until 2032. The Aftermarket market is expected to witness a CAGR of 12.2% during (2025 - 2032).
Rim Size Outlook
Based on Rim Size, the market is segmented into 16–18”, 19–21”, Above 21” and13–15”. Among various France Electric Vehicle Tires Market by Rim Size; The 16–18” market achieved a market size of USD $176.8 Million in 2024 and is expected to grow at a CAGR of 13 % during the forecast period. The 13–15” market is predicted to experience a CAGR of 14.1% throughout the forecast period from (2025 - 2032).
Country Outlook
Germany has become an important market for electric vehicle (EV) tires because it has a lot of car manufacturers, like Volkswagen and Mercedes-Benz, as well as top tire makers, like Continental and Pirelli. As more people buy electric vehicles, tires need to be able to handle heavier batteries, more torque, and less noise and rolling resistance. Manufacturers are making designs that work with electric vehicles, stronger structures, and compounds that don't resist as much. Continental's promise to label all new European tire lines as EV-Compatible by 2024 shows how the market is changing. Growing consumer awareness of EV-specific tyre performance and the increasing replacement-tyre segment further shape market dynamics. Germany is still a very competitive, innovation-driven, and strategically important place for making and selling EV-focused tires in Europe.
List of Key Companies Profiled
- Michelin
- Bridgestone Corporation
- The Goodyear Tire & Rubber Company
- Continental AG
- Pirelli & C. S.p.A.
- Hankook Tire & Technology
- The Yokohama Rubber Co., Ltd.
- Toyo Tire Corporation
- Sumitomo Electric Industries, Ltd.
- Nokian Tyres plc
By Load Index
- Less than 100
- Above 100
- OEM
- Aftermarket
- On-road
- Off-road
- Passenger Cars
- Light Commercial Vehicles (LCVs)
- Heavy Commercial Vehicles (HCVs)
- Buses
- Battery Electric Vehicles (BEV)
- Hybrid Electric Vehicles (HEV)
- Plug-in Hybrid Electric Vehicles (PHEV)
- Fuel Cell Electric Vehicles (FCEV)
- 16–18”
- 19–21”
- Above 21”
- 13–15”
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Table of Contents
224 Pages
- Chapter 1. Market Scope & Methodology
- 1.1 Market Definition
- 1.2 Objectives
- 1.3 Market Scope
- 1.4 Segmentation
- 1.4.1 Europe Electric Vehicle Tires Market, by Load Index
- 1.4.2 Europe Electric Vehicle Tires Market, by Sales Channel
- 1.4.3 Europe Electric Vehicle Tires Market, by Application
- 1.4.4 Europe Electric Vehicle Tires Market, by Vehicle Type
- 1.4.5 Europe Electric Vehicle Tires Market, by Propulsion Type
- 1.4.6 Europe Electric Vehicle Tires Market, by Rim Size
- 1.4.7 Europe Electric Vehicle Tires Market, by Country
- 1.5 Methodology for the research
- Chapter 2. Market at a Glance
- 2.1 Key Highlights
- Chapter 3. Market Overview
- 3.1 Introduction
- 3.1.1 Overview
- 3.1.1.1 Market Composition and Scenario
- 3.2 Key Factors Impacting the Market
- 3.2.1 Market Drivers
- 3.2.2 Market Restraints
- 3.2.3 Market Opportunities
- 3.2.4 Market Challenges
- Chapter 4. Market Trends – Europe Electric vehicle tires market
- Chapter 5. State of Competition – Europe Electric vehicle tires market
- Chapter 6. Value Chain Analysis of Electric Vehicle Tires Market
- Chapter 7. Product Life Cycle – Electric vehicle tires market
- Chapter 8. Market Consolidation – Electric vehicle tires market
- Chapter 9. Key Customer Criteria – Electric vehicle tires market
- Chapter 10. Competition Analysis - Global
- 10.1 KBV Cardinal Matrix
- 10.2 Recent Industry Wide Strategic Developments
- 10.2.1 Partnerships, Collaborations and Agreements
- 10.2.2 Product Launches and Product Expansions
- 10.2.3 Geographical Expansion
- 10.3 Market Share Analysis, 2024
- 10.4 Top Winning Strategies
- 10.4.1 Key Leading Strategies: Percentage Distribution (2021-2025)
- 10.4.2 Key Strategic Move: (Product Launches and Product Expansions : 2021, Dec – 2025, May) Leading Players
- 10.5 Porter Five Forces Analysis
- Chapter 11. Europe Electric Vehicle Tires Market by Load Index
- 11.1 Europe Less than 100 Market by Country
- 11.2 Europe Above 100 Market by Country
- Chapter 12. Europe Electric Vehicle Tires Market by Sales Channel
- 12.1 Europe OEM Market by Country
- 12.2 Europe Aftermarket Market by Country
- Chapter 13. Europe Electric Vehicle Tires Market by Application
- 13.1 Europe On-road Market by Country
- 13.2 Europe Off-road Market by Country
- Chapter 14. Europe Electric Vehicle Tires Market by Vehicle Type
- 14.1 Europe Passenger Cars Market by Country
- 14.2 Europe Light Commercial Vehicles (LCVs) Market by Country
- 14.3 Europe Heavy Commercial Vehicles (HCVs) Market by Country
- 14.4 Europe Buses Market by Country
- Chapter 15. Europe Electric Vehicle Tires Market by Propulsion Type
- 15.1 Europe Battery Electric Vehicles (BEV) Market by Country
- 15.2 Europe Hybrid Electric Vehicles (HEV) Market by Country
- 15.3 Europe Plug-in Hybrid Electric Vehicles (PHEV) Market by Country
- 15.4 Europe Fuel Cell Electric Vehicles (FCEV) Market by Country
- Chapter 16. Europe Electric Vehicle Tires Market by Rim Size
- 16.1 Europe 16–18” Market by Country
- 16.2 Europe 19–21” Market by Country
- 16.3 Europe Above 21” Market by Country
- 16.4 Europe 13–15” Market by Country
- Chapter 17. Europe Electric Vehicle Tires Market by Country
- 17.1 Germany Electric Vehicle Tires Market
- 17.1.1 Germany Electric Vehicle Tires Market by Load Index
- 17.1.2 Germany Electric Vehicle Tires Market by Sales Channel
- 17.1.3 Germany Electric Vehicle Tires Market by Application
- 17.1.4 Germany Electric Vehicle Tires Market by Vehicle Type
- 17.1.5 Germany Electric Vehicle Tires Market by Propulsion Type
- 17.1.6 Germany Electric Vehicle Tires Market by Rim Size
- 17.2 UK Electric Vehicle Tires Market
- 17.2.1 UK Electric Vehicle Tires Market by Load Index
- 17.2.2 UK Electric Vehicle Tires Market by Sales Channel
- 17.2.3 UK Electric Vehicle Tires Market by Application
- 17.2.4 UK Electric Vehicle Tires Market by Vehicle Type
- 17.2.5 UK Electric Vehicle Tires Market by Propulsion Type
- 17.2.6 UK Electric Vehicle Tires Market by Rim Size
- 17.3 France Electric Vehicle Tires Market
- 17.3.1 France Electric Vehicle Tires Market by Load Index
- 17.3.2 France Electric Vehicle Tires Market by Sales Channel
- 17.3.3 France Electric Vehicle Tires Market by Application
- 17.3.4 France Electric Vehicle Tires Market by Vehicle Type
- 17.3.5 France Electric Vehicle Tires Market by Propulsion Type
- 17.3.6 France Electric Vehicle Tires Market by Rim Size
- 17.4 Russia Electric Vehicle Tires Market
- 17.4.1 Russia Electric Vehicle Tires Market by Load Index
- 17.4.2 Russia Electric Vehicle Tires Market by Sales Channel
- 17.4.3 Russia Electric Vehicle Tires Market by Application
- 17.4.4 Russia Electric Vehicle Tires Market by Vehicle Type
- 17.4.5 Russia Electric Vehicle Tires Market by Propulsion Type
- 17.4.6 Russia Electric Vehicle Tires Market by Rim Size
- 17.5 Spain Electric Vehicle Tires Market
- 17.5.1 Spain Electric Vehicle Tires Market by Load Index
- 17.5.2 Spain Electric Vehicle Tires Market by Sales Channel
- 17.5.3 Spain Electric Vehicle Tires Market by Application
- 17.5.4 Spain Electric Vehicle Tires Market by Vehicle Type
- 17.5.5 Spain Electric Vehicle Tires Market by Propulsion Type
- 17.5.6 Spain Electric Vehicle Tires Market by Rim Size
- 17.6 Italy Electric Vehicle Tires Market
- 17.6.1 Italy Electric Vehicle Tires Market by Load Index
- 17.6.2 Italy Electric Vehicle Tires Market by Sales Channel
- 17.6.3 Italy Electric Vehicle Tires Market by Application
- 17.6.4 Italy Electric Vehicle Tires Market by Vehicle Type
- 17.6.5 Italy Electric Vehicle Tires Market by Propulsion Type
- 17.6.6 Italy Electric Vehicle Tires Market by Rim Size
- 17.7 Rest of Europe Electric Vehicle Tires Market
- 17.7.1 Rest of Europe Electric Vehicle Tires Market by Load Index
- 17.7.2 Rest of Europe Electric Vehicle Tires Market by Sales Channel
- 17.7.3 Rest of Europe Electric Vehicle Tires Market by Application
- 17.7.4 Rest of Europe Electric Vehicle Tires Market by Vehicle Type
- 17.7.5 Rest of Europe Electric Vehicle Tires Market by Propulsion Type
- 17.7.6 Rest of Europe Electric Vehicle Tires Market by Rim Size
- Chapter 18. Company Profiles
- 18.1 Michelin
- 18.1.1 Company Overview
- 18.1.2 Financial Analysis
- 18.1.3 Segmental Analysis
- 18.1.4 Recent strategies and developments:
- 18.1.4.1 Partnerships, Collaborations, and Agreements:
- 18.1.4.2 Product Launches and Product Expansions:
- 18.1.5 SWOT Analysis
- 18.2 Bridgestone Corporation
- 18.2.1 Company Overview
- 18.2.2 Financial Analysis
- 18.2.3 Segmental Analysis
- 18.2.4 Recent strategies and developments:
- 18.2.4.1 Product Launches and Product Expansions:
- 18.2.5 SWOT Analysis
- 18.3 The Goodyear Tire & Rubber Company
- 18.3.1 Company Overview
- 18.3.2 Financial Analysis
- 18.3.3 Regional Analysis
- 18.3.4 Recent strategies and developments:
- 18.3.4.1 Product Launches and Product Expansions:
- 18.3.5 SWOT Analysis
- 18.4 Continental AG
- 18.4.1 Company Overview
- 18.4.2 Financial Analysis
- 18.4.3 Segmental and Regional Analysis
- 18.4.4 Research & Development Expense
- 18.4.5 Recent strategies and developments:
- 18.4.5.1 Product Launches and Product Expansions:
- 18.4.6 SWOT Analysis
- 18.5 Pirelli & C. S.p.A.
- 18.5.1 Company Overview
- 18.5.2 Financial Analysis
- 18.5.3 Regional Analysis
- 18.5.4 Recent strategies and developments:
- 18.5.4.1 Partnerships, Collaborations, and Agreements:
- 18.5.4.2 Product Launches and Product Expansions:
- 18.5.5 SWOT Analysis
- 18.6 Hankook Tire & Technology
- 18.6.1 Company Overview
- 18.6.2 Financial Analysis
- 18.6.3 Regional Analysis
- 18.6.4 Recent strategies and developments:
- 18.6.4.1 Product Launches and Product Expansions:
- 18.6.5 SWOT Analysis
- 18.7 The Yokohama Rubber Co., Ltd.
- 18.7.1 Company Overview
- 18.7.2 Financial Analysis
- 18.7.3 Segmental and Regional Analysis
- 18.7.4 Research & Development Expenses
- 18.7.5 Recent strategies and developments:
- 18.7.5.1 Product Launches and Product Expansions:
- 18.7.5.2 Geographical Expansions:
- 18.7.6 SWOT Analysis
- 18.8 Toyo Tire Corporation
- 18.8.1 Company Overview
- 18.8.2 Financial Analysis
- 18.8.3 Segmental and Regional Analysis
- 18.8.4 Research & Development Expenses
- 18.8.5 Recent strategies and developments:
- 18.8.5.1 Product Launches and Product Expansions:
- 18.8.6 SWOT Analysis
- 18.9 Sumitomo Electric Industries, Ltd.
- 18.9.1 Company Overview
- 18.9.2 Financial Analysis
- 18.9.3 Segmental and Regional Analysis
- 18.9.4 Research & Development Expenses
- 18.9.5 SWOT Analysis
- 18.10. Nokian Tyres plc
- 18.10.1 Company Overview
- 18.10.2 Financial Analysis
- 18.10.3 Segmental and Regional Analysis
- 18.10.4 Research & Development Expenses
- 18.10.5 Recent strategies and developments:
- 18.10.5.1 Product Launches and Product Expansions:
- 18.10.6 SWOT Analysis
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