Global Advanced Tires
Market Report
2025
Advanced Tires Market size is USD 1289.4 million in 2024 and will expand at a compound annual growth rate (CAGR) of 13.70% from 2024 to 2031.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
PDF Access: Password protected PDF file, Excel File Access: Quantitative data, PPT Report Access: For the presentation purpose, Cloud Access: Secure Company Account Access.
Share your contact details to receive free updated sample copy/pages of the recently published edition of Advanced Tires Market Report 2025.
According to Cognitive Market Research, the global Advanced Tires market size will be USD 1289.4 million in 2024 and will expand at a compound annual growth rate (CAGR) of 13.7% from 2024 to 2031.
2021 | 2025 | 2033 | CAGR | |
---|---|---|---|---|
Global Advanced Tires Market Sales Revenue | 121212 | 121212 | 121212 | 13.7% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Vehicle Type |
|
Market Split by Technology |
|
Market Split by Material |
|
Market Split by Tire Type |
|
List of Competitors |
|
Regional Analysis |
|
Country Analysis |
|
Report scope is customizable as we have a huge database of Advanced Tires industry. We can deliver an exclusive report Edition/Consultation as per your data requirements. Request for your Free Sample Pages.
Advanced Tires Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The advanced tires market is a dynamic sector within the automotive industry, characterized by innovative technologies and materials aimed at enhancing performance, safety, and sustainability. These tires incorporate cutting-edge features such as advanced tread designs, high-performance compounds, and novel construction methods to improve traction, fuel efficiency, and durability. Key drivers of this market include surging demand for fuel-efficient vehicles, stringent regulations regarding vehicle emissions and safety standards, and the rising adoption of electric and autonomous vehicles. Moreover, advancements in materials science, tire manufacturing processes, and the integration of sensor technologies further propel the development of advanced tire solutions. With a focus on addressing evolving consumer preferences and environmental concerns, the advanced tires market is poised for the significant growth and innovation in the coming years.
Growing Vehicle Safety Regulations to Increase the Demand Globally - Growing vehicle safety regulations incentivize the adoption of advanced tires due to their superior performance characteristics. These tires offer enhanced traction, braking, and handling, contributing to improved vehicle stability and accident prevention. Meeting stringent safety standards becomes more achievable with advanced tire technologies, encouraging automakers to integrate them into their vehicles to ensure compliance and enhance overall safety, thus driving the market for advanced tires. Rising Vehicle Fleet Size- The expanding vehicle fleet size generates a corresponding demand for advanced tires as consumers seek improved performance, safety, and longevity.
Technological Complexity- Technological complexity in advanced tire development can limit market penetration due to increased production costs, specialized manufacturing requirements, and potential challenges in mass adoption. High Cost- The high cost associated with advanced tire technologies often acts as a barrier, limiting market penetration among cost-sensitive consumers and commercial fleets.
We have various report editions of Advanced Tires Market, hence please contact our sales team and author directly to obtain/purchase a desired Edition eg, Global Edition, Regional Edition, Country Specific Report Edition, Company Profiles, Forecast Edition, etc. Request for your Free Sample PDF/Online Access.
In March 2023, Continental AG introduced its intelligent tires in the Indian market. This tire is aimed mainly at commercial vehicles and can be useful in tubeless tires. Additionally, this company will emphasize upgrading its existing offerings in the Indian market.
(Source: https://www.continental.com/en/products-and-innovation/)
Top Companies Market Share in Advanced Tires Industry: (In no particular order of Rank)
If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.
According to Cognitive Market Research, North America dominated the market in 2024. It accounted for around 40% of the global revenue due to the robust automotive industry infrastructure, high consumer purchasing power, and stringent regulatory standards driving demand for advanced safety and performance features. Additionally, the region benefits from extensive research and development investments by major tire manufacturers, fostering innovation and technology adoption. Furthermore, a strong focus on sustainability and environmental concerns in North America encourages the adoption of advanced tire solutions aimed at reducing fuel consumption and carbon emissions, further consolidating its market leadership.
Asia-Pacific stands out as the fastest-growing region in the Advanced Tires market due to rapid urbanization, expanding automotive industry, and increasing adoption of electric and hybrid vehicles in countries like China, Japan, and India. Furthermore, favorable government initiatives promoting sustainable transportation solutions, coupled with rising consumer awareness regarding the benefits of advanced tire technologies, contribute to the region's robust growth. Additionally, the presence of key tire manufacturers and ongoing research and development activities further boost the market expansion in Asia Pacific.
The current report Scope analyzes Advanced Tires Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
The above graph is for illustrative purposes only.
To learn more about geographical trends request the free sample pages.
Get Free Sample
Global Advanced Tires Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Advanced Tires Industry growth. Advanced Tires market has been segmented with the help of its Vehicle Type, Technology Material, and others. Advanced Tires market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
In order to shape the structure and growth potential of the business, the Advanced Tires market is usually categorized by Vehicle Type. Businesses can prioritize expenditures, spur innovation, and modify products to satisfy changing customer needs by identifying high-performing product categories through market analysis by Vehicle Type. Businesses can remain ahead of market changes by strategically concentrating on the most profitable prospects by analyzing the demand trends and performance indicators of each segment. Businesses can use this knowledge to guide long-term strategy planning and resource allocation by identifying which market segments are likely to see slower or stagnant growth and which are positioned for rapid increase.
Vehicle Type of Advanced Tires analyzed in this report are as follows:
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Advanced Tires Industry. Request a Free Sample PDF!
Segmenting the Advanced Tires market by Technology is essential for understanding industry dynamics and identifying key demand drivers. Technology refer to the specific use cases or end-user industries that rely on Advanced Tires products and services. These applications span a wide range of sectors, including healthcare, manufacturing, retail, aerospace, automotive, and telecommunications, among others. By analyzing the market based on its applications, businesses can gain valuable insights into which industries are adopting Advanced Tires solutions most effectively and where new opportunities are emerging. Additionally, tracking application trends helps identify high-growth industries, areas of innovation, and market saturation levels, allowing companies to strategically position themselves in the most promising and profitable segments.
(Contact us for industry-specific insights tailored to your business needs.)
Some of the key Technology of Advanced Tires are:
The above Graph is for representation purposes only. This chart does not depict actual Market share.
To learn more about market share request the free sample pages.
Get Free Sample
According to Cognitive Market Research, synthetic rubber is the dominating category due to its superior properties, including improved durability, resistance to wear and tear, and better performance across a range of temperatures and road conditions. These materials offer manufacturers greater flexibility in tire design and formulation, allowing for the development of innovative tread patterns and compounds tailored to specific performance requirements. Additionally, synthetic rubber's consistency and availability contribute to its widespread adoption, making it the preferred choice for advanced tire production.
Research Associate at Cognitive Market Research
Sumedha Gosavi is a Research Analyst with a specialized focus on the automobile and transportation sectors. With over two years of experience, she excels in conducting in-depth secondary research, competitive analysis, and market forecasting to deliver actionable insights that drive strategic decision-making.
In her current role, Sumedha leads research initiatives in the dynamic fields of automotive and transportation, identifying key trends, technological advancements, and market opportunities. Her ability to craft tailored research methodologies and distill complex data into clear, impactful strategies has been instrumental in enhancing her organization’s competitive edge.
With a deep passion for innovation in mobility and a commitment to continuous learning, Sumedha remains at the forefront of industry developments. Her expertise and analytical acumen make her an invaluable asset in navigating the ever evolving landscape of automobile and transportation research.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Advanced Tires Market is witnessing significant growth in the near future.
In 2023, the LDV segment accounted for noticeable share of global Advanced Tires Market and is projected to experience significant growth in the near future.
The Chip-Embedded Tires segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Continental Group (Germany) , Hankook Co. Ltd. (South Korea) and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Vehicle Type | LDV, HDV |
Technology | Chip-Embedded Tires, Self-Inflating Tires, Multi-Chamber Tires, All-in-One Tires |
Material | Synthetic Rubber, Aramid and Nylon Reinforcements, Silica-based Compounds, Steel Belts and Cord Piles, Carbon Black Reinforcement, Others |
Tire Type | Run Flat Tires, Radial Tires, Airless Tires, Pneumatic Tires |
List of Competitors | Continental Group (Germany), Cooper & Rubber Company (US), Hankook Co. Ltd. (South Korea), Goodyear & Rubber Company (US), Michelin Group (France), Pirelli (Italy), Sumitomo Rubber Industries Ltd. (Japan), The Bridgestone Group (Japan), Toyo & Rubber Co Ltd. (Japan), Yokohama Rubber Co. Ltd. (Japan) |
This chapter will help you gain GLOBAL Market Analysis of Advanced Tires. Further deep in this chapter, you will be able to review Global Advanced Tires Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Advanced Tires. Further deep in this chapter, you will be able to review North America Advanced Tires Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Advanced Tires. Further deep in this chapter, you will be able to review Europe Advanced Tires Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Advanced Tires. Further deep in this chapter, you will be able to review Asia Pacific Advanced Tires Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Advanced Tires. Further deep in this chapter, you will be able to review South America Advanced Tires Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Advanced Tires. Further deep in this chapter, you will be able to review Middle East Advanced Tires Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Advanced Tires. Further deep in this chapter, you will be able to review Middle East Advanced Tires Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Advanced Tires. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Vehicle Type Analysis 2019 -2031, will provide market size split by Vehicle Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Vehicle Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Technology Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 12 Market Split by Material Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 13 Market Split by Tire Type Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Advanced Tires market
Chapter 14 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 15 Research Methodology and Sources
Why LDV have a significant impact on Advanced Tires market? |
What are the key factors affecting the LDV and HDV of Advanced Tires Market? |
What is the CAGR/Growth Rate of Chip-Embedded Tires during the forecast period? |
By type, which segment accounted for largest share of the global Advanced Tires Market? |
Which region is expected to dominate the global Advanced Tires Market within the forecast period? |