Automotive Tires Market Expected to Surpass USD 171.98 Billion Mark by 2031 | Major Contributors: Continental Corporation, Bridgestone Corporation, Pirelli Tire C. S.p.A. (China National Chemical Corporation), MICHELIN, Toyo Tire Corporation, Hankook Tire

USA, New Jersey: According to Verified Market Research analysis, the Automotive Tires Market size was valued at USD 120.47 Billion in 2024 and is projected to reach USD 171.98 Billion by 2032, growing at a CAGR of 5.02% from 2026 to 2032. The growth of the Automotive Tires Market is increasingly influenced by the adoption of AI and automation technologies, which are driving efficiency, precision, and scalability across the sector. AI-powered analytics and predictive modeling enable companies to optimize operations, reduce waste, and anticipate market trends, while automation streamlines repetitive processes, minimizes human error, and accelerates production timelines.

AI's Influence on the Automotive Tire Market in 2025
How is AI transforming tire manufacturing processes?

Artificial Intelligence (AI) is revolutionizing tire manufacturing by introducing Industry 5.0 principles, which emphasize a human-centric, resilient, and sustainable approach. This paradigm shift fosters a symbiotic relationship between human workers and intelligent machines, enhancing production efficiency and adaptability. AI's integration into manufacturing processes leads to improved quality control, optimized resource utilization, and the ability to swiftly adapt to market demands, thereby streamlining operations and reducing waste. This transformation is pivotal in meeting the evolving needs of the automotive industry, ensuring that tire production aligns with contemporary technological advancements and sustainability goals.

What impact does AI have on consumer tire purchasing decisions?

AI is significantly influencing consumer behavior in the tire market by enabling smarter purchasing decisions. Through advanced data analysis, AI provides consumers with personalized recommendations, improving the accuracy of tire selections based on individual driving habits and vehicle requirements. This personalized approach not only enhances safety but also contributes to cost savings by identifying the most suitable tire options. Additionally, AI-driven platforms offer real-time information on tire performance and maintenance, empowering consumers to make informed choices and fostering a more efficient and satisfying purchasing experience in the automotive tire market.

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The competitive landscape of a market explains strategies incorporated by key players of the Automotive Tires Market. Key developments and shifts in management in recent years by players have been explained through company profiling. This helps readers to understand the trends that will accelerate the growth of the Automotive Tires Market. It also includes investment strategies, marketing strategies, and product development plans adopted by major players of the Automotive Tires Market. The market forecast will help readers make better investments.

The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies. The key players studied in the report include:

Bridgestone Corp.
Cooper Tire & Rubber Company
Continental Automotive AG
Goodyear Tire & Rubber Company
Hankook Tires Group
Michelin Tires
MRF
Pirelli & C SpA
Apollo Tires
Yokohama Rubber Co. Ltd.
Automotive Tires Market Segmentation

Automotive Tires Market, By Tire Type

• Winter Tires
• Summer Tires
• Luxury Touring Tires
• Other

Automotive Tires Market, By Vehicle Type

• Passenger Cars
• Light Commercial Vehicles
• Heavy Commercial Vehicles
• Other

Automotive Tires Market, By End-User

• OEM
• Replacement/Aftermarket

Automotive Tires Market By Geography

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

The comprehensive segmental analysis offered in the report digs deep into important types and application segments of the Automotive Tires Market. It shows how leading segments are attracting growth in the Automotive Tires Market. Moreover, it includes accurate estimations of the market share, CAGR, and market size of all segments studied in the report.

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The regional segmentation study is one of the best offerings of the report that explains why some regions are taking the lead in the Automotive Tires Market while others are making a low contribution to the global market growth. Each regional market is comprehensively researched in the report with accurate predictions about its future growth potential, market share, market size, and market growth rate.

Geographic Segment Covered in the Report:

• North America (USA and Canada)
• Europe (UK, Germany, France and the rest of Europe)
• Asia Pacific (China, Japan, India, and the rest of the Asia Pacific region)
• Latin America (Brazil, Mexico, and the rest of Latin America)
• Middle East and Africa (GCC and rest of the Middle East and Africa)

Key questions answered in the report:

• What is the growth potential of the Automotive Tires Market?
• Which product segment will take the lion's share?
• Which regional market will emerge as a pioneer in the years to come?
• Which application segment will experience strong growth?
• What growth opportunities might arise in the Market in the years to come?
• What are the most significant challenges that the Automotive Tires Market could face in the future?
• Who are the leading companies on the Automotive Tires Market?
• What are the main trends that are positively impacting the growth of the market?
• What growth strategies are the players considering to stay in the Automotive Tires Market?

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