Advanced Tires Market Size - By Tires, By Material, By Vehicle, By Sales Channel, By Technology, Analysis, Share, Growth Forecast, 2025 - 2034

Advanced Tires Market Size

The global advanced tires market was valued at USD 1.8 billion in 2024 and is estimated to register a CAGR of 8.8% between 2025 and 2034. Higher performance advanced tires become essential because the automotive industry transforms fast towards electric vehicles production. The automotive industry reported that production levels registered a 10.3% percent increase during 2022 and 2023 according to OICA data.
 

The incorporation of sensors in smart tires is revolutionizing vehicle maintenance by monitoring conditions in real time. The sensors constantly monitor the pressure, temperature, and potential damage which allows both individual and fleet owners to prevent abrupt failures and optimize the tire’s performance.
 

The deployment of predictive maintenance technologies improves uptime, fuel efficiency, and safety, making sensor-equipped tires more attractive to both business and personal fleets. Technology also facilitates the upcoming trend for connected cars, where data sharing in real time maximizes vehicle efficiency and road safety. With the industry growing at a rapid rate, the market for smart, self-monitoring tires is likely to see rapid growth in the next few years.
 

Airless tires are a breakthrough in the automobile sector, ending traditional problems like punctures, blowouts, and variations in air pressure. Airless tires are made of advanced polymeric materials and innovative structural designs that deliver performance and improved durability. Airless tire development and research are being funded by major players for use in passenger vehicles, military vehicles, and heavy machinery. The longer lifespan and less maintenance of airless tires deliver cost advantages to fleet operators. As sustainability and efficiency are the major market trends, airless tire technology will have strong traction in the next few years.
 

As environmental problems gain traction in society, the tire companies have engaged themselves in eco-friendly practices by using sustainable materials. Industries are researching into bio-based rubbers, soybean oil and reused tire materials to make tires more eco-friendly. All over the world, governments are seeking to introduce policies that will limit the waste that is created by used tires whilst encouraging R&D spending on green tire technology.
 

Green tires have the effect of drastically lowering the use of raw fossil fuel materials and improving the circular economy. With consumers going green, the market will witness a growing demand for green tires, hence placing pressure on producers to come up with and execute innovative solutions that are high-performance and green.
 

Advanced Tires Market Trends

• The world construction spending on infrastructure and mining has stimulated the growth of the advanced tire industry. For instance, within the BIL budget of 2023, USD 1.2 trillion was earmarked in Federal spending for the states and Local authorities to utilize energy, climate, as well as transport, much of which had been provided to the Lower governments. These areas have undergone swift out-of-date equipment investment due to public/private partnerships which has resulted in the greater use of new advanced tires.
   
• The growth of the global construction and mining sectors is driving a significant increase in the demand for advanced tires. According to ICRA, India’s Mining and Constructional Equipment (MCE) industry has high growth potential, considering the level of localization is expected to reach 70%-80% in the next five to seven years. Emerging markets are now experiencing heavy investments for infrastructure development resulting in high demand for construction machinery like loaders, dump trucks, and excavators. Advanced tires are an absolute necessity for this equipment to function at the best possible level.
   
• The sphere of predictive maintenance and performance enhancement within the circle of advanced tires is undergoing restructuring due to the influence of artificial intelligence (AI) and machine learning (ML). With the help of IoT sensors and real-time data processing, AI is automating the prediction of when a tire is going to be worn out, when diurnal inflation pressure of the tires should be relieved and when operations need to be stopped to minimize downtime.
   
• Development of new tires is effortless with the use of 3D printers. Prototypes can be put into production faster and designed with custom tires, which simultaneously streamline the R&D stage while minimizing material waste. As the scanners and printers improve, tire design and manufacturing might change forever.
   

Advanced Tires Market Analysis

Based on vehicle, the advanced tires market is segmented into light-duty, heavy-duty and off-highway. In 2024, the light-duty segment accounted for USD 800 million and is expected to grow significantly over the forecast time frame.
 

• The surging adoption of electric light-duty vehicles is increasing the need for advanced tires designed specifically for enhanced rolling resistance and range. These tires improve EV efficiency, which translates to greater battery life and overall performance. Advanced tires also come with smart monitoring systems that can track the pressure and temperature of the tires in real time, making the vehicle safer while also conserving energy.
   
• As EV adoption increases around the world, manufacturers are focusing on developing innovative tire technologies that are more durable, eco-friendly, and efficient to enhance market growth.
   
• Consumers have developed a new interest in fuel economy, which is increasing the demand for low rolling resistance tires. These tires are designed for light-duty vehicles and serve the dual purpose of improving fuel economy and supporting sustainability efforts. Tire manufacturers are using new materials and innovative tread designs to improve rolling resistance and safety and performance standards. Furthermore, automakers have started working together with tire manufacturers to create unique designs that satisfy energy efficiency requirements. With the volatility of fuel prices and the increasing importance of environmental issues, there will be further demand for low aid advanced tires in light-duty vehicles, serving the needs of both the public and compliance regulations.
   
• The need for durable high-performance tires has grown with the popularity of ride-sharing services. New tire technologies provide safety, increased road grip, and longevity for urban vehicle operations. Fleet and ride-sharing operators need these operators to have reduced operational costs through minimizing wear and extending tread life.
   
• Self-healing and airless technologies improve reliability while reducing downtime. With the expansion of mobility services across the globe, tire manufacturers are focusing on high mileage applications that can sustain performance and durability in harsh urban conditions, which enables the constant mobility service use.
   
• Increasing fuel efficiency regulations, as well as their emissions counterparts, are encouraging the use of advanced tire technology on light-duty vehicles. These so-called smart technologies aid in enhancing performance while meeting regulatory requirements. Next generation embedded sensors that provide real-time data on tire health enhance the performance of the vehicle and reduces its dependence on fuel.
   
• Many governments are now passing laws focused on tire labeling and the environment, which foster acceptance of advanced tire technologies which are eco-friendly. With sustainability becoming a prime focus, new lightweight materials and designs that reduce the fuel consumption, emissions, and compliance for light-duty vehicles are being worked on by manufacturers.
   

Based on the sales channel, the advanced tires market is divided into OEM and aftermarket. The OEM segment held 71% of the market share in 2024.
 

• OEMs are working with tire companies to incorporate smart tire technology into new vehicle models, such as real time pressure monitoring and predictive maintenance features. These more sophisticated tires ensure increased safety, performance, and fuel efficiency by relaying onboard systems telemetry data. OEM are starting to use these technologies more frequently to enhance vehicle and driver diagnostics. The addition of connected tire solutions is in line with the advanced tires market demand for autonomous and electric vehicles because they ensure good performance on the road without extensive maintenance needs.
   
• In the development of lightweight vehicles, OEMs are focusing on more advanced materials that are durable, which reduces the overall weight and increases fuel efficiency. Tire manufacturers are designing new compounds and structural designs that are more powerful and have reduced rolling resistance.
• The development and implementation of these lightweight tires are essential for electric vehicles in extending their driving range and improving the aerodynamic performance of the vehicle. There is a greater emphasis on the development of sophisticated lightweight tires which makes materials science and sustainable tire design innovation improve, as a consequence of compliance to regulations and energy utilization efficiency.
   
• As brand differentiation is sought by manufacturers, there is a greater collaboration between car producers and tire makers for more proprietary custom designs. These collaborations are aimed at delivering sophisticated designed proprietary tires. Proprietary custom designed tires enhance the performance, appearance, and ride quality of OEMs in many vehicle categories.
   
• There is an emerging market of high-performance tires for electric and luxury vehicles offering enhanced grip and reduced noise and energy consumption. OEMs are also partnering proactively with tire manufacturers to devise customized tread designs and unique rubber compounds that brand the vehicles, hence creating market value for advanced model-specific tires.
   
• In conjunction with achieving company sustainability targets and complying with regulations, OEMs focus on sustainable and recyclable tires. There is also a strong demand for high-performing tires that integrate renewably sourced and biodegradable materials.
   
• The increased regulatory flow requiring lower carbon emissions and enhanced vehicle sustainability is driving this change. Tire manufacturers are responding with bio-based compounds, recyclable tires, and other solutions that meet emerging policies for environmental protection. As sustainability stands out as a key market differentiator, OEM are adopting green tire technologies to meet consumer demand and regulations.
   

Based on material, the advanced tires market is divided into natural rubber, synthetic rubber, elastomers, and others. The natural rubber is projected to grow significantly over forecast time frame.
 

• Amid increased attention to sustainability, natural rubber still plays a pivotal role in the production of environmentally friendly tires. Tire manufacturers looking to mitigate their impact on Nature's ecosystem prefer using natural rubber because it is obtainable, as well as biodegradable, unlike petroleum-derived synthetic substitutes. Demand for natural rubber is also increasing due to the heightened emphasis on green supply chains and circular economic strategies.
   
• Sustained investment into responsibly sourced natural rubber from cultivators is supporting the mounting focus on sustainability by automakers and tire manufacturers, which is assuring natural rubber’s continued participation in the advanced tires market.
   
• Policies focused on the cultivation of natural rubber guarantee persistent flow for manufacturers of tires. Key subsidizing governments of rubber producing regions are aiding stock replenishment through subsidy provision, research funding, and environmentally friendly faming practice rewards. These measures contribute positively towards stabilizing prices, enhancing latex productivity, and guaranteeing ethical sourcing.
   
• Furthermore, regulatory measures which ensure compliance with humane treatment of workers and rubber tree planting add to the sustainability of the supply chain of rubber. Supported by government programs, the growing need for advanced tires creates a dependency on the provision of substantial quantities of quality natural rubber for tire manufacturing.
   
• Natural rubber improves the elasticity, endurance, and grip of advanced tires and is hence preferred. The flexibility of rubber enables the tires to preserve optimum grip under different road conditions which is beneficial to safety and performance. The resilience of natural rubber helps in shock absorption and vibration damping improving riding comfort and increasing tire life.
   
• The rubber is also used in high performance and all-season tires to enhance dependability and effectiveness. Its ability to resist extreme temperature and road stress makes natural rubber a critical material in the premium, commercial, and specialty tires which further advances its use in tire manufacturing.
   
• Natural rubber-based tires are preferred in premium and performance vehicles because of their better grip and comfort. Luxury and sports vehicles as well as high performance cars need tires that provide better maneuverability, low rolling resistance, and good traction on wet and dry surfaces. The unique characteristics of natural rubber helps achieve these performance goals which is why it is a preferred ingredient in the premium tire formulation. With the increasing demand for high speed, all season, and extremely reliable durable tires, manufacturers will continue to depend on natural rubber for providing accurate handling with great riding stability. This guarantees rubber will remain in demand for new tire production.
   

Based on tires, the advanced tires market is categorized into airless, pneumatic, run-flat, and others. The pneumatic segment held the major market share in 2024.
 

• Pneumatic tires are widely considered the industry standard in the market because they perform well across all sectors, passenger or commercial. In the automotive industry, their ability to provide excellent traction, shock absorption, and fuel efficiency make them indispensable. Manufacturers are constantly upgrading designs for electric and autonomous vehicles and working to lessen the rolling resistance to maximize battery efficiency. Moreover, improving tire pressure monitoring systems (TPMS) are also assisting in improving safety, longevity, and performance of the vehicle under different driving conditions, which further cements their contribution to the industry.
   
• The performance of pneumatic tires is improved further by innovations in materials, durability, and tread patterns. Tire manufacturers are placing more compacted silica blends, reinforced sidewalls, and optimized grip patterns on tires to enhance fuel economy, reduce wear, and improve traction.
   
• Other novel approaches to the development of self-sealing and airless variants of the pneumatic nylon tires also gaining in popularity, as they reduce the chances of getting punctured and increase reliability. Additionally, the emergence of smart tires with android pressure and temperature monitoring are amplifying the astounding evolution of feature-rich pneumatic tires to make them a core part of the developed tires market for every type of vehicle.
   
• Pneumatic tires with superior grip are gaining popularity among off-road and all-terrain vehicles. These unique all-condition vehicles are made possible by the advent of adventure tourism, construction, and agricultural activities that are increasing the demand for specialized tires able to perform under extreme conditions. Specialized tires designed to endure harsh terrain are structured to withstand deep treads while offering enormous tires and durability.
   
• The boom of ATVs, off-road SUVs, and other heavy duty machinery is accelerating the development of new formulations of tires. There is an unending need for high performance resilient pneumatic tires as the manufacturers of vehicles diversify their off-road products in different sectors of the economy
   
• Consumers who prioritize comfort in riding prefer pneumatic tires because they offer superior cushioning and handling. Riders, both in urban and highway settings, enjoy an improved driving experience due to the ability of tires to absorb road irregularities and enhance steering response.
   
• Further, modern technologies in air pressure control added with changeable tread designs control stability as well as noise. The automobile industry is busy trying to meet the increasing demand for smooth and quiet rides from consumers by developing innovations in the performance of pneumatic tires geared towards ensuring preference in luxury, passenger, and commercial vehicles.
   

Asia Pacific dominated the global advanced tires market with a major share of over 40% and China leads the market in the region generating a revenue of USD 250 million in 2024.
 

• With the completion of various infrastructural projects like bridges, roads and even construction of new cities, China is the world’s largest producer and consumer of construction equipment and simultaneously is the largest consumer and producer of advanced tires. The construction equipment market in China to be over USD 33 billion in 2024. Through 2032, the overall valuation is expected to reach over USD 61 billion, driven by a 7.5% CAGR.
   
• In contrast, the mining of coal and other rare earth elements in China's extraction industries has increased imposing the demand for durable advanced tires for heavy machinery owing to their relative low cost in servicing. In China, the agricultural sector is also expanding at a rapid rate which creates a higher demand for technologically advanced high-performing machinery which in turn increases the need for specialized advanced tires.
   
• Equally important is China’s strong manufacturing base and its cost competitiveness in tire manufacturing. Over the years, China has emerged as one of the world leaders in the manufacture of advanced tires courtesy of renowned tire manufacturers such as Triangle, Linglong, and Double Coin which offer a wide range of reasonably priced and premium quality tire products. Due to the comparatively lower cost of labor, well established supply chain of raw materials, and large-scale manufacturing capabilities, China to export advanced tires worldwide.
   
• Moreover, policies encouraging industrial growths coupled with spending on modern tire technologies, including smart and green advanced tires, have bolstered China’s stature in the market. Consequently, China remains the world leader in both the production and consumption of advanced tires.
   

The advanced tires market in Europe is expected to experience significant and promising growth from 2025 to 2034.
 

• European automotive manufacturers pursue electric mobility technologies intensively because they need to comply with carbon emission standards while benefiting from governmental support for EV purchases. Building an expanding selection of electric vehicles drives major automakers to boost their demand for high-voltage fuses which protect their power electronics as well as their battery management systems. The European advanced tires market continues to grow because of strong automotive suppliers combined with advanced technological solutions for circuit protection.
   
• Reliable fuse protection has become essential because of rising market demand for protecting complex electrical architectures within advanced automotive technologies like ADAS and autonomous vehicles and connected vehicles.
   
• European automobile manufacturers integrate complex electronic systems into their vehicles that need better circuit protection hence boosting the market demand for high-performance fuses. The adoption of advanced fuse solutions expands market prospects because EU manufacturers need them for meeting vehicle safety and reliability requirements across passenger and commercial vehicle types.
   

The advanced tires market in North America is anticipated to witness lucrative growth between 2025 – 2034.
 

• The growth of the mining and agricultural industries alongside infrastructural development has propelled mechanization and increased demand in the advanced tire market. Bipartisan Infrastructure Law (BIL), which allocates significant spending Bill for Infrastructure and Jobs allocates sizable amounts of funding towards the building of bridges, highways, and other transport infrastructural facilities which increases the demand for heavy construction and civil engineering machinery.
   
• In addition, sales of advanced tires have increased because of the boom in domestic mining activities of vital minerals such as lithium and rare earth elements. The domestic farming sector has also been using more sophisticated machinery, thus leading to an increase in demand for larger-sized specialized agricultural tires with superior durability and traction.
   
• Companies today are employing retreading methods while integrating biodegradable materials in the manufacturing processes to improve the tire life cycle as well as reduce the overall waste. Companies such as Goodyear, Michelin and Bridgestone have started integrating sustainable materials to improve the overall tenure of tires.
   

Advanced Tires Market Share

• The top 7 companies in the advanced tires industry are Michelin, Bridgestone, Goodyear, Continental, Pirelli, Sumitomo, and Yokohama, collectively holding a market share of around 60% in 2024.
   
• Geographically diversified and possessing sophisticated retreading technologies, Bridgestone commands a strong position in the advanced tires market while their advanced tires with integrated IoT technology are revolutionizing the industry. The competitive advantage is further enhanced by robust collaborations within the industry and the company’s overwhelming clout in the market is sustained by sustainable development such as the utilization of green materials.
   
• Bridgestone is a reputed leader in the agriculture, mining and construction business, as it actively develops eco-friendly smart tires which monitor real-time temperature, pressure and wear.
   
• Michelin employs a primary sustainability focus for heavy-duty construction as well as the mining industries. This is done without compromising service quality, which is evident with the use of innovative, environmentally friendly materials such as fuel efficient, low-rolling-resistance tires. Aftermarket services which enable the use of artificial intelligence and IoT technologies are Michelin's strongholds, which puts the industry at an advantage in competitive markets.
   
• Further differentiation is established through their investment in airless and 3D-printed tires along with the erection of service centers in strategic locations for predictive maintenance solutions.
   
• Goodyear is well established in the advanced tire market, and this is because of their investments in AI technologies, predictive analytics, and intelligent tire technologies. The firm developed Goodyear SightLine, which is a cloud based smart tire performance monitoring system.
   

Advanced Tires Market Companies

Major players operating in the advanced tires industry include:

• Bridgestone
• Continental
• Goodyear
• Hankook
• Michelin
• Nokian
• Pirelli
• Sumitomo
• Toyo
• Yokohama
   

Intense rivalry is already present in the advanced tire industry because there are notable companies such as Bridgestone, Michelin, Goodyear Tire and Rubber Company, Continental AG, and Yokohama Rubber Company. Companies in the lead are innovating tire design, durability, and aftermarket service to strengthen their market position. The industry will be greatly hyper-competitive as business formulate new strategies such as portfolio diversification, product line expansion, and merger and acquisition activities to gain visibility and advanced tires market share.
 

Pricing competition is important for brand performance for the advanced tire manufacturers. Optimization of the supply chains, production and delivery efficiency, followed by formation of productive alliances to reduce material and delivery lead times is what the manufacturers are doing to cut costs. Also, companies are meeting the new quality expectations in tires from the mining, construction, and agricultural industries by using AI predictive maintenance, IoT monitoring, and innovation through sustainable material use.
 

Advanced Tires Industry News

• In March 2024, The Goodyear Tire & Rubber Company enhanced the capability of large wheel loaders with the RL-5K off-the-road tire primarily engineered for use with heavy-duty loaders and wheel dozers of a three-star load capacity rating. In addition to deep tread features, the RL-5K’s design guarantees cut resistance while providing traction, which expands the load-carrying capability of large wheel loaders. The RL-5K further accommodates harsh terrains and rugged work environments, making it suitable for a myriad of industries that require extreme performance and durability.
   
• In February 2024, MAXAM Tire, a global leader in specialty tire manufacturing, introduced the AGILXTRA I-3 implement tire series with VF sizes. which increased farmer and grower productivity. The AGILXTRA VF technology, along with improved traction, permits the tires being used at higher speeds and for heavier loads without excessive soil compaction which increases efficiency and sustainability in agricultural operations.
   
• In November 2023, Continental debuted the VF TractorMaster Hybrid tire. This tire facilitates agricultural contracting by combining road comfort with good traction on soft and hard soils. The tire is fitted with a sensor that observes temperature and pressure which helps in managing inflation and extending the life of the tire. While ensuring comfort and smoothness during the ride, its hybrid tread pattern increases road and field traction making it easier for modern machinery to be utilized by farmers.
   
• In September 2023, Michelin highlighted its Magog, Quebec site, and pointed out the dual purpose that this site has within the scope of the firm. This location is the head office for off-road business line where all off-road mobility solutions are designed, and simultaneously, it is a research center for tracks and systems. Therefore, it pioneers off-road design technology.
   

The advanced tires market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue ($ Mn/Bn) and shipment (Units) from 2021 to 2034, for the following segments:

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Market, By Tires

• Airless
• Pneumatic
• Run-flat
• Others

Market, By Material

• Natural Rubber
• Synthetic Rubber
• Elastomers
• Others

Market, By Technology

• Self-Inflating
• Chip-Embedded
• Multi-chamber
• All-In-One
• Self-Sealing

Market, By Sales Channel

• OEM
• Aftermarket

Market, By Vehicle

• Light-duty
• Heavy-duty
• Off-highway

The above information is provided for the following regions and countries:

• North America
  • U.S.
  • Canada
• Europe
  • UK
  • Germany
  • France
  • Italy
  • Spain
  • Russia
  • Nordics
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Southeast Asia
• Latin America
  • Brazil
  • Argentina
  • Mexico
• MEA
  • UAE
  • Saudi Arabia
  • South Africa