Automotive Intelligent Tires Market to Soar to US$ 200.14 Billion by 2033 | Strong 36.8% CAGR Fueled by Smart & Connected Vehicle Growth

The global Automotive Intelligent Tires Market was valued at US$ 11.94 billion in 2024 and is projected to reach US$ 200.14 billion by 2033, registering a rapid CAGR of 36.8%. Growth is driven by increasing adoption of sensor-embedded tires capable of monitoring pressure, temperature, tread wear, and road conditions in real time, significantly enhancing vehicle safety and performance.

Demand is further boosted by the rise of connected and autonomous vehicles, where intelligent tires play a critical role in data sharing and predictive maintenance. Fleet operators and passenger vehicle manufacturers are increasingly adopting these systems to reduce downtime, improve operational efficiency, and support advanced driver-assistance technologies. Innovations such as RFID-enabled tires, self-inflating mechanisms, and tire-health analytics are strengthening the market's position in the evolving automotive ecosystem.

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Automotive Intelligent Tires Market refers to the industry focused on smart tire systems equipped with sensors and connectivity features to monitor tire pressure, temperature, wear, and performance, enhancing vehicle safety and efficiency.

Key Developments

United States
✅ September 2025: U.S. automakers expanded integration of intelligent tire systems equipped with embedded pressure, temperature, and tread-wear sensors to support ADAS and autonomous driving safety requirements.

✅ July 2025: A major U.S. tire company advanced field testing of its connected tire platform that predicts tire failure through real-time analytics, improving fleet operations and accident prevention.

✅ May 2025: U.S. mobility technology firms began collaborating with OEMs to incorporate intelligent tires into next generation electric vehicles, focusing on improved rolling resistance and road condition monitoring.

Japan
✅ August 2025: Japanese tire manufacturers accelerated development of sensor-enabled smart tires optimized for electric vehicles, focusing on high durability and continuous data feedback for vehicle control systems.

✅ June 2025: Japan-based suppliers began integrating advanced MEMS sensors into tire structures, enabling real-time monitoring of load, surface friction, and deformation for enhanced driving stability.

✅ April 2025: Leading Japanese automotive companies expanded testing of intelligent tire data integration with in-vehicle ECUs, enabling better traction control and braking response.

Mergers and Acquisitions
United States
✅ June 2025: A U.S. automotive technology developer formed a strategic partnership with a domestic tire manufacturer to co-develop embedded intelligent tire sensors and predictive maintenance software.

Japan
✅ May 2025: A Japanese tire producer entered a collaboration agreement with a local electronics company to jointly develop smart tire sensor modules for electric and hybrid vehicles.

✅ March 2025: A Japan-based mobility solutions provider partnered with a U.S. telematics company to integrate intelligent tire data into fleet monitoring platforms.

Key Players:
Bridgestone | Continental | Michelin | Pirelli | The Goodyear Tire & Rubber Company | The Yokohama Rubber Company | Hankook Tire | Sumitomo Rubber Industries

Key Highlights :
• Bridgestone - Holds 14.6% share of the global tire market, supported by strong sales of passenger, commercial, and specialty tires across North America and Asia.

• Michelin - Accounts for 13.9% market share, driven by premium radial tires, sustainable materials integration, and strong global OEM partnerships.

• Continental - Maintains 12.4% share, backed by robust demand for high-performance tires, intelligent tire technologies, and automotive OEM supply.

• The Goodyear Tire & Rubber Company - Holds 8.8% market share, supported by innovations in fuel-efficient tires and expansion in commercial and aviation tire segments.

• Pirelli - Commands 6.3% share, primarily driven by premium and ultra-high-performance (UHP) tires in luxury and sports vehicle segments.

• Hankook Tire - Contributes 4.8% share, strengthened by global adoption of its passenger car, EV-compatible, and high-performance tire portfolios.

• The Yokohama Rubber Company - Holds 3.9% share, supported by off-highway tires, motorsport-grade tires, and OEM collaborations.

• Sumitomo Rubber Industries - Maintains 3.2% market share, driven by sustainable tire technologies and its diversified global tire distribution network.

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Market Drivers
• Rising demand for connected and smart vehicles is driving adoption of intelligent tires equipped with real-time pressure, temperature, load, and tread wear monitoring.

• Increasing need to improve road safety and reduce accidents caused by tire failures is accelerating integration of sensor-embedded tire systems.

• Growth of electric and autonomous vehicles is boosting demand for intelligent tires that support optimized traction, energy efficiency, and predictive maintenance.

• Fleet operators are increasingly adopting smart tire solutions to reduce downtime, extend tire lifecycle, and lower operating costs through predictive analytics.

• Advancements in IoT, cloud connectivity, and in-tire sensor technologies are enabling more precise vehicle-tire communication and performance optimization.

Industry Developments
• October 2025 (Germany): Major tire manufacturers launched next-generation intelligent tire platforms with integrated RFID and multi-sensor modules to track tire health throughout the lifecycle.

• August 2025 (US): Automotive OEMs partnered with mobility tech firms to develop connected tire-vehicle integration systems for EVs and autonomous cars.

• June 2025 (Japan): Companies introduced self-powered sensors using piezoelectric energy harvesting, eliminating the need for external battery units.

• April 2025 (France): Smart mobility startups unveiled cloud-based fleet tire monitoring solutions offering real-time alerts, wear prediction, and remote diagnostics.

Regional Insights
• North America - US$ 1.1 billion (38% share): Growth is driven by "high adoption of connected vehicles, strong EV sales, large commercial fleet operations, and rapid integration of digital vehicle health monitoring systems."

• Europe - US$ 0.95 billion (33% share): Expansion is supported by "stringent road safety standards, accelerated shift toward autonomous mobility, and increasing OEM partnerships with smart tire technology providers."

• Asia-Pacific - US$ 0.75 billion (26% share): Growth is fueled by "large automotive production, rising EV manufacturing capacity, and growing preference for real-time tire monitoring solutions across passenger and commercial vehicles."

• Latin America - US$ 0.08 billion (2% share): Demand is increasing due to "expansion of logistics fleets, rising adoption of TPMS-equipped vehicles, and gradual modernization of the regional automotive sector."

• Middle East & Africa - US$ 0.05 billion (1% share): Growth is supported by "strong commercial transport activity, increased need for tire durability in extreme climates, and rising interest in connected vehicle technologies."

Key Segments

By Type
Commercial Vehicles - Includes trucks, buses, vans, and light commercial fleets used for logistics, transportation, construction, agriculture, and industrial operations.

Passenger Cars - Includes sedans, SUVs, hatchbacks, and luxury vehicles used for personal and family transportation across urban and rural markets.

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