The global market for Advanced Tires was valued at US$287.6 Million in 2024 and is projected to reach US$643.5 Million by 2030, growing at a CAGR of 14.4% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Advanced Tires market.
As the global automotive sector transitions toward electrification, autonomy, and sustainability, tires are being reimagined as smart, active components rather than passive wear parts. Their role in optimizing rolling resistance, improving energy efficiency, and enhancing driving dynamics is turning them into high-value enablers of future-ready vehicle platforms.
Embedded sensor technologies are enabling tire pressure monitoring, load distribution analysis, and temperature tracking in real time. When integrated with telematics and onboard vehicle systems, these smart tires support driver assistance functions, fleet management analytics, and early warning systems for tire-related failures. Cloud connectivity and edge computing are also being leveraged to analyze tire health remotely, facilitating proactive service scheduling and optimizing total cost of ownership.
North America and Europe lead in technology deployment, driven by stringent regulatory standards, high EV penetration, and advanced automotive R&D ecosystems. Asia-Pacific - especially China, Japan, and South Korea - is emerging as a volume-driven innovation hub, combining high vehicle production with smart city integration initiatives. In Latin America and the Middle East, commercial fleets and premium vehicles are beginning to introduce smart tire systems to enhance reliability and cost efficiency.
Collaboration between OEMs, Tier 1 suppliers, and tire manufacturers is intensifying to co-develop tires optimized for new vehicle platforms. This includes tailoring tread patterns, compound properties, and sensor calibration to the dynamics of EVs and autonomous systems. Integrated development cycles are accelerating product innovation while ensuring that tire technologies align with broader vehicle safety, connectivity, and performance goals.
Looking forward, the market’s trajectory will depend on how effectively advanced tire technologies balance performance, durability, cost, and sustainability. As vehicles become increasingly intelligent and interconnected, could advanced tires become the primary interface between mobility innovation and real-world road intelligence?
Segments: Material (Elastomer, Fillers, Steel, Other Materials); Type (Pneumatic, Run-Flat, Airless); Technology (Self-Inflating, Chip-Embedded, Multichamber, All-In-One, Self-Sealing); Vehicle Type (Light Duty Vehicles, Heavy Duty Vehicle).
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
Global Advanced Tires Market - Key Trends & Drivers Summarized
Why Are Advanced Tires Central to the Evolution of Mobility, Safety, and Smart Vehicle Performance?
Advanced tires are engineered to go beyond conventional functions of traction and load-bearing by incorporating intelligent materials, embedded sensors, and adaptive tread technologies. These next-generation tires play a pivotal role in enhancing vehicle safety, performance, and efficiency - particularly in electric vehicles (EVs), autonomous transportation, and connected mobility ecosystems. By enabling real-time feedback on tire pressure, temperature, tread wear, and road conditions, advanced tires are becoming integral to predictive maintenance, vehicle-to-infrastructure (V2I) communication, and automated driving systems.As the global automotive sector transitions toward electrification, autonomy, and sustainability, tires are being reimagined as smart, active components rather than passive wear parts. Their role in optimizing rolling resistance, improving energy efficiency, and enhancing driving dynamics is turning them into high-value enablers of future-ready vehicle platforms.
How Are Material Innovations and Embedded Technologies Enhancing Tire Functionality and Lifecycle Performance?
Breakthroughs in composite compounds, nano-fillers, and silica-based rubber are driving improvements in rolling resistance, durability, and wet traction without compromising ride comfort. Self-healing materials and airless (non-pneumatic) structures are being explored to eliminate flat tires and reduce maintenance needs. Lightweight construction is also critical in EVs, where lower unsprung mass contributes directly to extended driving range and improved handling.Embedded sensor technologies are enabling tire pressure monitoring, load distribution analysis, and temperature tracking in real time. When integrated with telematics and onboard vehicle systems, these smart tires support driver assistance functions, fleet management analytics, and early warning systems for tire-related failures. Cloud connectivity and edge computing are also being leveraged to analyze tire health remotely, facilitating proactive service scheduling and optimizing total cost of ownership.
Which Vehicle Segments and Regional Markets Are Driving Adoption of Advanced Tire Technologies?
Electric vehicles, autonomous shuttles, performance cars, and commercial fleet vehicles are at the forefront of advanced tire adoption. EVs, in particular, require low-rolling-resistance tires to conserve energy and often face unique torque and weight distribution challenges that demand customized tire solutions. Logistics and last-mile delivery fleets are also adopting intelligent tires to reduce downtime and improve fuel efficiency or battery usage.North America and Europe lead in technology deployment, driven by stringent regulatory standards, high EV penetration, and advanced automotive R&D ecosystems. Asia-Pacific - especially China, Japan, and South Korea - is emerging as a volume-driven innovation hub, combining high vehicle production with smart city integration initiatives. In Latin America and the Middle East, commercial fleets and premium vehicles are beginning to introduce smart tire systems to enhance reliability and cost efficiency.
How Are Regulatory Trends, Sustainability Goals, and OEM Collaboration Influencing Market Expansion?
Regulatory frameworks focused on vehicle efficiency, safety, and emissions - such as tire labeling systems, fuel economy standards, and TPMS mandates - are pushing tire manufacturers toward advanced solutions. Sustainability is becoming a major influence, with growing demand for renewable raw materials, recyclable tire architectures, and green manufacturing practices to reduce environmental impact across the product lifecycle.Collaboration between OEMs, Tier 1 suppliers, and tire manufacturers is intensifying to co-develop tires optimized for new vehicle platforms. This includes tailoring tread patterns, compound properties, and sensor calibration to the dynamics of EVs and autonomous systems. Integrated development cycles are accelerating product innovation while ensuring that tire technologies align with broader vehicle safety, connectivity, and performance goals.
What Are the Factors Driving Growth in the Advanced Tires Market?
The advanced tires market is gaining momentum through the convergence of smart mobility, energy efficiency, and digital integration. Key growth drivers include increasing EV and autonomous vehicle production, heightened safety and maintenance requirements in fleet operations, and consumer demand for performance and reliability. Material science innovation, sensor miniaturization, and cloud-based analytics are reshaping how tires contribute to the overall value proposition of next-generation mobility.Looking forward, the market’s trajectory will depend on how effectively advanced tire technologies balance performance, durability, cost, and sustainability. As vehicles become increasingly intelligent and interconnected, could advanced tires become the primary interface between mobility innovation and real-world road intelligence?
Report Scope
The report analyzes the Advanced Tires market, presented in terms of market value (US$ Thousand). The analysis covers the key segments and geographic regions outlined below.Segments: Material (Elastomer, Fillers, Steel, Other Materials); Type (Pneumatic, Run-Flat, Airless); Technology (Self-Inflating, Chip-Embedded, Multichamber, All-In-One, Self-Sealing); Vehicle Type (Light Duty Vehicles, Heavy Duty Vehicle).
Geographic Regions/Countries: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Elastomer Material segment, which is expected to reach US$208.7 Million by 2030 with a CAGR of a 12.2%. The Fillers Material segment is also set to grow at 16.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $78.3 Million in 2024, and China, forecasted to grow at an impressive 18.8% CAGR to reach $135.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Advanced Tires Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Advanced Tires Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Advanced Tires Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Aeolus Tyre Co., Ltd., Apollo Tyres Ltd., Balkrishna Industries Limited, Bridgestone Corporation, CEAT Limited and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 48 companies featured in this Advanced Tires market report include:
- Aeolus Tyre Co., Ltd.
- Apollo Tyres Ltd.
- Balkrishna Industries Limited
- Bridgestone Corporation
- CEAT Limited
- Cheng Shin Rubber Ind. Co. Ltd.
- Continental AG
- Cooper Tire & Rubber Company
- Double Coin Holdings Ltd.
- Giti Tire
- Goodyear Tire & Rubber Company
- Hankook Tire & Technology Co., Ltd.
- JK Tyre & Industries Ltd.
- Kumho Tire Co., Inc.
- Linglong Tire Co., Ltd.
- Maxxis International
- Michelin
- MRF Limited
- Nexen Tire Corporation
- Nokian Tyres plc
Tariff Impact Analysis: Key Insights for 2025
Global tariff negotiations across 180+ countries are reshaping supply chains, costs, and competitiveness. This report reflects the latest developments as of April 2025 and incorporates forward-looking insights into the market outlook.The analysts continuously track trade developments worldwide, drawing insights from leading global economists and over 200 industry and policy institutions, including think tanks, trade organizations, and national economic advisory bodies. This intelligence is integrated into forecasting models to provide timely, data-driven analysis of emerging risks and opportunities.
What's Included in This Edition:
- Tariff-adjusted market forecasts by region and segment
- Analysis of cost and supply chain implications by sourcing and trade exposure
- Strategic insights into geographic shifts
Buyers receive a free July 2025 update with:
- Finalized tariff impacts and new trade agreement effects
- Updated projections reflecting global sourcing and cost shifts
- Expanded country-specific coverage across the industry
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISCANADAITALYSPAINRUSSIAREST OF EUROPESOUTH KOREAREST OF ASIA-PACIFICARGENTINABRAZILMEXICOREST OF LATIN AMERICAIRANISRAELSAUDI ARABIAUNITED ARAB EMIRATESREST OF MIDDLE EASTIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
UNITED KINGDOM
ASIA-PACIFIC
AUSTRALIA
INDIA
LATIN AMERICA
MIDDLE EAST
AFRICA
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Aeolus Tyre Co., Ltd.
- Apollo Tyres Ltd.
- Balkrishna Industries Limited
- Bridgestone Corporation
- CEAT Limited
- Cheng Shin Rubber Ind. Co. Ltd.
- Continental AG
- Cooper Tire & Rubber Company
- Double Coin Holdings Ltd.
- Giti Tire
- Goodyear Tire & Rubber Company
- Hankook Tire & Technology Co., Ltd.
- JK Tyre & Industries Ltd.
- Kumho Tire Co., Inc.
- Linglong Tire Co., Ltd.
- Maxxis International
- Michelin
- MRF Limited
- Nexen Tire Corporation
- Nokian Tyres plc
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 483 |
| Published | May 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 287.6 Million |
| Forecasted Market Value ( USD | $ 643.5 Million |
| Compound Annual Growth Rate | 14.4% |
| Regions Covered | Global |
