Global Advanced Tires Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Vehicle Type;

LDV, and HDV.

By Tire Type;

Radial Tires, Bias Tires, Cross Ply Tires, and Low Rolling Resistance Tires.

By Material;

Rubber, Polymer Composites, Metal Reinforcements, and Textile Fibers.

By Technology Type;

Chip-Embedded Tires, Self-Inflating Tires, Multi-Chamber Tires, and All-In-One Tires.

By End Use;

Passenger Vehicles, Commercial Vehicles, Two Wheelers, and Heavy-Duty Vehicles.

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn136983927 Published Date: May, 2025 Updated Date: June, 2025

Advanced Tires Market Overview

Advanced Tires Market (USD Million)

Advanced Tires Market was valued at USD 433.85 million in the year 2024. The size of this market is expected to increase to USD 1,317.76 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of x.x%


Global Advanced Tires Market Growth, Share, Size, Trends and Forecast

*Market size in USD million

CAGR 17.2 %


Study Period2025 - 2031
Base Year2024
CAGR (%)17.2 %
Market Size (2024)USD 433.85 Million
Market Size (2031)USD 1,317.76 Million
Market ConcentrationLow
Report Pages349
433.85
2024
1,317.76
2031

Major Players

  • Continental
  • Bridgestone
  • Michelin
  • Goodyear
  • Pirelli
  • Sumitomo
  • Yokohama
  • Hankook Tire
  • Nokian
  • Ceat
  • Toyo Tire & Rubber Co. Ltd.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Global Advanced Tires Market

Fragmented - Highly competitive market without dominant players


The Advanced Tires Market is rapidly expanding as the need for smart vehicle technologies rises. These next-gen tires come equipped with sensors that deliver real-time insights on factors like wear, pressure, and road conditions. Over 40% of automotive features today are connected, positioning intelligent tires as integral to modern mobility systems.

Emphasis on Road Safety and Performance
A significant growth factor is the drive toward improved driving safety and vehicle responsiveness. Advanced tires boost traction, cornering, and overall control, which helps minimize road hazards. Recent trends indicate that more than 35% of new cars incorporate performance-focused tires, underlining this market shift.

Compatibility with Future Mobility Technologies
Advanced tires are being seamlessly embedded into electric and autonomous systems, providing adaptive feedback and control intelligence. Nearly 25% of futuristic vehicle designs rely on these tires to ensure optimal contact and terrain response, making them essential to next-gen mobility ecosystems.

Predictive Maintenance and Operational Efficiency
The integration of real-time analytics enables predictive servicing, allowing early detection of wear or imbalance. Presently, over 50% of large-scale transport operators employ such solutions to extend vehicle uptime and streamline maintenance schedules, confirming the rise of data-enabled tire lifecycle strategies.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Vehicle Type
    2. Market Snapshot, By Tire Type
    3. Market Snapshot, By Material
    4. Market Snapshot, By Technology Type
    5. Market Snapshot, By End Use
    6. Market Snapshot, By Region
  4. Advanced Tires Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Technological Advancements
        2. Regulatory Initiatives
        3. Demand for Fuel Efficiency and Sustainability
        4. Growth in Electric and Autonomous Vehicles
        5. Safety and Performance Requirements
      2. Restraints
        1. High Initial Costs
        2. Limited Consumer Awareness
        3. Infrastructure Challenges
        4. Regulatory Compliance
        5. Supply Chain Disruptions
      3. Opportunities
        1. Emerging Markets
        2. Development of Smart Mobility Solutions
        3. Collaboration and Partnerships
        4. Customization and Differentiation
        5. R&D Investments
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bragaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Advanced Tires Market, By Vehicle Type, 2021 - 2031 (USD Million)
      1. LDV
      2. HDV
    2. Advanced Tires Market, By Tire Type, 2021 - 2031 (USD Million)
      1. Radial Tires
      2. Bias Tires
      3. Cross Ply Tires
      4. Low Rolling Resistance Tires
    3. Advanced Tires Market, By Material, 2021 - 2031 (USD Million)
      1. Rubber
      2. Polymer Composites
      3. Metal Reinforcements
      4. Textile Fibers
    4. Advanced Tires Market, By Technology Type, 2021 - 2031 (USD Million)
      1. Chip-embedded tires
      2. Self-inflating tires
      3. Multi-chamber tires
      4. All-in-one tires
    5. Advanced Tires Market, By End Use, 2021 - 2031 (USD Million)
      1. Passenger Vehicles
      2. Commercial Vehicles
      3. Two Wheelers
      4. Heavy-Duty Vehicles
    6. Advanced Tires Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Continental
      2. Bridgestone
      3. Michelin
      4. Goodyear
      5. Pirelli
      6. Sumitomo
      7. Yokohama
      8. Hankook Tire
      9. Nokian
      10. Ceat
      11. Toyo Tire & Rubber Co. Ltd.
  7. Analyst Views
  8. Future Outlook of the Market