Electric Vehicle Tire Market Size: Anticipated Growth and Key Insights to {USD 57.83 Billion}
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- Location: Cologne
The global electric vehicle (EV) tire market has witnessed significant growth in recent years, driven by the increasing demand for electric vehicles. With the market valued at USD 57.83 billion in 2022, the industry is expected to grow at a compound annual growth rate (CAGR) of 7.47% through 2028.
This growth is fueled by rising environmental concerns, technological advancements in tire manufacturing, and government policies promoting clean energy transportation. As EVs continue to gain traction globally, the need for specialized tires that cater to their unique requirements is becoming more pronounced.
cLiCk tHe bElOw lInK To dOwNlOaD ThE FrEe sAmPlE RePoRt fOr iNsIgHtS.
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