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North America 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

Published Nov 19, 2025
Length 205 Pages
SKU # KBV20682391

Description

The North America Electric Vehicle Tires Market would witness market growth of 12.2% CAGR during the forecast period (2025-2032).

The US market dominated the North America Electric Vehicle Tires Market by Country in 2024, and would continue to be a dominant market till 2032; thereby, achieving a market value of $3,868 million by 2032, growing at a CAGR of 11.4 % during the forecast period. The Canada market is expected to witness a CAGR of 13.9% during (2025 - 2032). Additionally, The Mexico market is expected to witness a CAGR of 13.6% during (2025 - 2032). The US and Canada led the North America Electric Vehicle Tires Market by Country with a market share of 71.2% and 15.9% in 2024.

The North American EV tire market has changed quickly because more people in the U.S. and Canada are buying BEVs and PHEVs, which means they need tires that can handle heavier battery loads, more torque, and quieter cabins. Manufacturers have stopped modifying ICE-vehicle tires and instead started making EV-specific lines with stronger structures, compounds that reduce rolling resistance, and technologies that cut down on noise. This evolution is further facilitated by regulatory momentum, OEM fitment necessities, and a growing focus on sustainability, leading to the incorporation of recycled and bio-based materials, modern polymers, and EV-specific performance features.

As leaders like Bridgestone and Goodyear focus on launching EV-specific products, working with OEMs, making commitments to sustainability, and branding efforts like EV-Ready labels, competition is heating up. Their investments in specific compounds, acoustics technologies, manufacturing upgrades, and ENLITEN/PeakLife developments reflect a shift from basic substitute offerings to technologically distinctive portfolios. As EV sales continue to rise, the market is anticipated to further segment by vehicle type and performance needs, with future chances in smart tyres, fleet EV applications, and next-generation renewable materials.

Load Index Outlook

Based on Load Index, the market is segmented into Less than 100 and Above 100. With a compound annual growth rate (CAGR) of 13.6% over the projection period, the Less than 100 Market, dominate the Canada Electric Vehicle Tires Market by Load Index in 2024 and would be a prominent market until 2032. The Above 100 market is expected to witness a CAGR of 14.5% during (2025 - 2032).

Sales Channel Outlook

Based on Sales Channel, the market is segmented into OEM and Aftermarket. The OEM market segment dominated the US Electric Vehicle Tires Market by Sales Channel is expected to grow at a CAGR of 10.9 % during the forecast period thereby continuing its dominance until 2032. Also, The Aftermarket market is anticipated to grow as a CAGR of 12.1 % during the forecast period during (2025 - 2032).

Propulsion Type Outlook

Based on Propulsion Type, the market is segmented into Battery Electric Vehicles (BEV), Hybrid Electric Vehicles (HEV), Plug-in Hybrid Electric Vehicles (PHEV) and Fuel Cell Electric Vehicles (FCEV). Among various Mexico Electric Vehicle Tires Market by Propulsion Type; The Battery Electric Vehicles (BEV) market achieved a market size of USD $89.8 Million in 2024 and is expected to grow at a CAGR of 13.1 % during the forecast period. The Fuel Cell Electric Vehicles (FCEV) market is predicted to experience a CAGR of 14.1% throughout the forecast period from (2025 - 2032).

Rim Size Outlook

Based on Rim Size, the market is segmented into 16–18”, 19–21”, Above 21” and13–15”.

Country Outlook

The U.S. electric vehicle tire market is growing quickly because there are a lot of cars in the country, more people are buying EVs, and the government is making it easier for people to buy them. Because electric vehicles need special tires that can handle more torque, heavier battery loads, and quieter, more energy-efficient performance, tire makers are putting money into new materials, designs with low rolling resistance, and technologies that cut down on noise. Major companies like Goodyear, Bridgestone, and Michelin are launching product lines just for electric vehicles (EVs) and strengthening their partnerships with automakers. This is happening because there is more demand for EVs in the aftermarket as the fleet of EVs grows. Even though there are still problems like higher production costs and faster tread wear, market growth is still speeding up thanks to ongoing innovation, government incentives, and infrastructure expansion. Overall, the competitive landscape is growing more intense with both global leaders and specialty manufacturers focusing on performance, durability, and OEM integration.

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
North America Electric Vehicle Tires Market Report Segmentation

By Load Index
  • Less than 100
  • Above 100
By Sales Channel
  • OEM
  • Aftermarket
By Application
  • On-road
  • Off-road
By Vehicle Type
  • Passenger Cars
  • Light Commercial Vehicles (LCVs)
  • Heavy Commercial Vehicles (HCVs)
  • Buses
By Propulsion Type
  • Battery Electric Vehicles (BEV)
  • Hybrid Electric Vehicles (HEV)
  • Plug-in Hybrid Electric Vehicles (PHEV)
  • Fuel Cell Electric Vehicles (FCEV)
By Rim Size
  • 16–18”
  • 19–21”
  • Above 21”
  • 13–15”
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Table of Contents

205 Pages
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Electric Vehicle Tires Market, by Load Index
1.4.2 North America Electric Vehicle Tires Market, by Sales Channel
1.4.3 North America Electric Vehicle Tires Market, by Application
1.4.4 North America Electric Vehicle Tires Market, by Vehicle Type
1.4.5 North America Electric Vehicle Tires Market, by Propulsion Type
1.4.6 North America Electric Vehicle Tires Market, by Rim Size
1.4.7 North America 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 – North America Electric vehicle tires market
Chapter 5. State of Competition – North America 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. North America Electric Vehicle Tires Market by Load Index
11.1 North America Less than 100 Market by Region
11.2 North America Above 100 Market by Region
Chapter 12. North America Electric Vehicle Tires Market by Sales Channel
12.1 North America OEM Market by Region
12.2 North America Aftermarket Market by Region
Chapter 13. North America Electric Vehicle Tires Market by Application
13.1 North America On-road Market by Country
13.2 North America Off-road Market by Country
Chapter 14. North America Electric Vehicle Tires Market by Vehicle Type
14.1 North America Passenger Cars Market by Country
14.2 North America Light Commercial Vehicles (LCVs) Market by Country
14.3 North America Heavy Commercial Vehicles (HCVs) Market by Country
14.4 North America Buses Market by Country
Chapter 15. North America Electric Vehicle Tires Market by Propulsion Type
15.1 North America Battery Electric Vehicles (BEV) Market by Country
15.2 North America Hybrid Electric Vehicles (HEV) Market by Country
15.3 North America Plug-in Hybrid Electric Vehicles (PHEV) Market by Country
15.4 North America Fuel Cell Electric Vehicles (FCEV) Market by Country
Chapter 16. North America Electric Vehicle Tires Market by Rim Size
16.1 North America 16–18” Market by Country
16.2 North America 19–21” Market by Country
16.3 North America Above 21” Market by Country
16.4 North America 13–15” Market by Country
Chapter 17. North America Electric Vehicle Tires Market by Country
17.1 US Electric Vehicle Tires Market
17.1.1 US Electric Vehicle Tires Market by Load Index
17.1.2 US Electric Vehicle Tires Market by Sales Channel
17.1.3 US Electric Vehicle Tires Market by Application
17.1.4 US Electric Vehicle Tires Market by Vehicle Type
17.1.5 US Electric Vehicle Tires Market by Propulsion Type
17.1.6 US Electric Vehicle Tires Market by Rim Size
17.2 Canada Electric Vehicle Tires Market
17.2.1 Canada Electric Vehicle Tires Market by Load Index
17.2.2 Canada Electric Vehicle Tires Market by Sales Channel
17.2.3 Canada Electric Vehicle Tires Market by Application
17.2.4 Canada Electric Vehicle Tires Market by Vehicle Type
17.2.5 Canada Electric Vehicle Tires Market by Propulsion Type
17.2.6 Canada Electric Vehicle Tires Market by Rim Size
17.3 Mexico Electric Vehicle Tires Market
17.3.1 Mexico Electric Vehicle Tires Market by Load Index
17.3.2 Mexico Electric Vehicle Tires Market by Sales Channel
17.3.3 Mexico Electric Vehicle Tires Market by Application
17.3.4 Mexico Electric Vehicle Tires Market by Vehicle Type
17.3.5 Mexico Electric Vehicle Tires Market by Propulsion Type
17.3.6 Mexico Electric Vehicle Tires Market by Rim Size
17.4 Rest of North America Electric Vehicle Tires Market
17.4.1 Rest of North America Electric Vehicle Tires Market by Load Index
17.4.2 Rest of North America Electric Vehicle Tires Market by Sales Channel
17.4.3 Rest of North America Electric Vehicle Tires Market by Application
17.4.4 Rest of North America Electric Vehicle Tires Market by Vehicle Type
17.4.5 Rest of North America Electric Vehicle Tires Market by Propulsion Type
17.4.6 Rest of North America 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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