Smart Tires Market Global Report 2026

The smart tires market size has grown strongly in recent years. It will grow from $27.24 billion in 2025 to $29.33 billion in 2026 at a compound annual growth rate (CAGR) of 7.6%. The growth in the historic period can be attributed to rise in tire failure related accidents, growing adoption of tpms regulations, increasing global vehicle production, demand for improved fuel efficiency, early adoption of basic sensor based tire monitoring systems.

The smart tires market size is expected to see strong growth in the next few years. It will grow to $39.72 billion in 2030 at a compound annual growth rate (CAGR) of 7.9%. The growth in the forecast period can be attributed to expansion of autonomous and connected vehicles, growth in electric vehicle adoption, increasing demand for predictive maintenance solutions, advancements in embedded sensor miniaturization, rising fleet digitization and telematics integration. Major trends in the forecast period include real time tire health analytics and condition monitoring, predictive tire wear estimation using embedded sensing, cloud based fleet tire performance optimization platforms, integration of smart tires with vehicle stability and safety systems, development of adaptive tire systems for dynamic road condition response.

The expansion of autonomous vehicles is expected to propel the growth of the smart tires market going forward. Autonomous vehicles refer to self-driving vehicles that use sensors, software, and artificial intelligence to navigate and operate with minimal or no human intervention. The growth of autonomous vehicles is driven by improved road safety, as they reduce human error through advanced sensors, artificial intelligence, and automated driving systems. Smart tires support autonomous vehicles by providing real-time data on road conditions, tire pressure, and grip, enabling safer, more efficient, and more adaptive driving decisions through enhanced vehicle control systems. For instance, in December 2024, according to the National Highway Traffic Safety Administration, a US-based government agency, by 2030, an estimated 4.5 million self-driving vehicles will be operating on U. S. roads. Therefore, the expansion of autonomous vehicles is driving the growth of the smart tires market.

Leading operating in the smart tires market are focusing on developing advanced solutions such as airless and non-pneumatic tires to improve durability, reduce maintenance, and enhance sustainability. Airless and non-pneumatic tires are tires built with solid or engineered structural designs that function without air pressure, preventing punctures and blowouts while ensuring consistent performance, and they use durable materials to deliver reliable load support, effective shock absorption, and extended service life. For example, in September 2023, The Smart Tire Company, a US-based advanced materials firm, launched METL tires on Kickstarter, inspired by shape memory alloy technology originally developed for NASA rover missions. These tires are designed to be sustainable and nearly indestructible, capable of withstanding extreme conditions without losing shape or performance, offering a long-lasting and maintenance-free alternative to conventional pneumatic tires.

In January 2024, Goodyear Tire & Rubber Company, a US-based developer and tester of advanced smart and intelligent tire systems and prototypes, announced a partnership with TDK Corporation to support intelligent and connected tires for safer and smarter mobility. The collaboration aims to incorporate advanced sensors into tires to deliver real-time data, improve maintenance forecasting, enhance vehicle safety, and support future connected mobility solutions. TDK Corporation is a Japan-based manufacturer of electronics and sensors.

Major companies operating in the smart tires market are Continental Aktiengesellschaft, Compagnie Générale des Établissements Michelin, Bridgestone Corporation, The Goodyear Tire & Rubber Company, Cheng Shin Rubber Industry Co. Ltd., Zhongce Rubber Group Co. Ltd., Sumitomo Rubber Industries Ltd., Pirelli & C. S. p. A., The Yokohama Rubber Company Limited, Hankook Tire & Technology Co. Ltd., Sensata Technologies Holding plc, Toyo Tire Corporation, Sailun Group Co. Ltd., Madras Rubber Factory Limited (MRF), Kumho Tire Co. Inc., Apollo Tyres Limited, Nexen Tire Corporation, JK Tyre & Industries Limited, CEAT Limited, Guizhou Tyre Co. Ltd., Nokian Tyres plc, Cheng Shin Rubber Industry Co. Ltd., Double Coin Holdings Ltd., Smart Tire Company.

North America was the largest region in the smart tires market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the smart tires market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the smart tires market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The smart tires market consists of revenues earned by entities by providing services such as road hazard detection alerts, automatic tire calibration, driving behavior analytics, fnd leet performance optimizationa. The market value includes the value of related goods sold by the service provider or included within the service offering. The smart tires market also includes sales of wireless telematics modules, tire data transmitters, and connected wheel assemblies. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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