Smart Tires Market Report 2026

Smart Tires Market Overview

• Smart Tires market size has reached to $27.24 billion in 2025 • Expected to grow to $39.72 billion in 2030 at a compound annual growth rate (CAGR) of 7.9% • Growth Driver: Surge In Autonomous Vehicles Fueling The Growth Of The Market Due To Increasing Demand For Real-time Vehicle Intelligence And Enhancing Driving Safety In Self-driving Systems • Market Trend: Innovations In Advanced Materials Technology Enhance Durability And Sustainability In Smart Tire Solutions • North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Smart Tires Market?

Smart tires are intelligent automotive tires integrated with sensors and connectivity technologies that enable continuous, real-time monitoring of tire conditions. They track key parameters such as pressure, temperature, tread wear, and road interaction to enhance safety and performance. Smart tires support improved driving efficiency, predictive maintenance, and better overall vehicle control. The main product types of smart tires include connected tire and intelligent tire. Connected tire refers to advanced tires integrated with digital communication systems that enable real-time monitoring of tire conditions and performance. These products use sensor types such as tyre pressure monitoring system sensors, accelerometer sensor, strain gauge sensor, radio frequency identification chips, and other sensor types and are available for vehicle types including passenger cars and commercial vehicles. They are based on technologies such as pneumatic tire, run-flat tire, and non-pneumatic tire and are used by several end users such as individual consumers, fleet operators, automotive original equipment manufacturers, and logistics and transportation companies.

What Is The Smart Tires Market Growth Forecast?

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.

Global Smart Tires Market Segmentation

1) By Product Type: Connected Tire, Intelligent Tire 2) By Sensor Type: Tyre Pressure Monitoring System Sensors, Accelerometer Sensor, Strain Gauge Sensor, Radio Frequency Identification Chips, Other Sensor Types 3) By Vehicle Type: Passenger Cars, Commercial Vehicles 4) By Technology: Pneumatic Tire, Run-Flat Tire, Non-Pneumatic Tire 5) By End User: Individual Consumers, Fleet Operators, Automotive Original Equipment Manufacturers, Logistics And Transportation Companies Subsegments: 1) By Connected Tire: Embedded Sensor Connected Tire, Cloud Based Connected Tire, Vehicle Integrated Connected Tire, Mobile Application Integrated Connected Tire 2) By Intelligent Tire: Direct Tyre Pressure Monitoring System Based Tire, Indirect Tyre Pressure Monitoring System Based Tire, Temperature Monitoring Intelligent Tire, Predictive Maintenance Enabled Intelligent Tire

What Is The Driver Of The Smart Tires Market?

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 little 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 operate on U.S. roads. Therefore, the expansion of autonomous vehicles is driving the growth of the smart tires industry.

Key Players In The Global Smart Tires Market

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

Global Smart Tires Market Trends and Insights

Major companies 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 instance, 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.

What Are Latest Mergers And Acquisitions In The Smart Tires Market?

In January 2024, Goodyear Tire & Rubber Company, a US-based developer and tester of advanced smart/intelligent tire systems and prototypes, announced a collaboration with TDK Corporation to enable intelligent, connected tires for safer and smarter mobility. The partnership seeks to add advanced sensors to tires, providing real-time data, improving maintenance predictions, boosting vehicle safety, and aiding future connected mobility solutions. TDK Corporation is a Japan-based electronics and sensor manufacturer.

Regional Outlook/Insights

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 this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Smart Tires Market?

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.

How is Market Value Defined and Measured?

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.

What Key Data and Analysis Are Included in the Smart Tires Market Report 2026?

The smart tires market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the smart tires industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.