Global Smart Tires Market Growth 2026-2032
Description
The global Smart Tires market size is predicted to grow from US$ 5283 million in 2025 to US$ 8197 million in 2032; it is expected to grow at a CAGR of 6.8% from 2026 to 2032.
Smart tires are advanced tire systems embedded with sensors and communication technologies that continuously collect real-time data on critical parameters such as tire pressure, temperature, tread wear, load and road surface conditions. Smart tires leverage data analytics and increasingly AI-powered algorithms to transmit this data to the vehicle’s onboard systems or the cloud, enabling enhanced safety, performance optimization, predictive maintenance and vehicle-level decision support. Smart tires play a key role in connected and autonomous vehicle frameworks by contributing real-time tire-road interaction intelligence. In 2025, global smart tiressales reached approximately 18,00 K Units, with an average price of 300 US$/Unit.
The growth of the smart tires market is primarily driven by rising global safety standards and regulatory requirements for real-time tire condition monitoring, combined with the rapid development of connected and automated vehicles that increasingly rely on tire-level data for vehicle control and decision-making. At the same time, commercial fleet operators are actively adopting smart tires to reduce downtime, lower maintenance costs, and improve operational efficiency through predictive analytics. In addition, the accelerated penetration of electric vehicles further stimulates demand for smart tires, as EVs require enhanced tire performance monitoring to optimize energy efficiency, range, and durability. Together, these factors are driving OEMs and fleet users to integrate sensor-enabled and data-driven tire solutions into next-generation vehicles.
LP Information, Inc. (LPI) ' newest research report, the “Smart Tires Industry Forecast” looks at past sales and reviews total world Smart Tires sales in 2025, providing a comprehensive analysis by region and market sector of projected Smart Tires sales for 2026 through 2032. With Smart Tires sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Tires industry.
This Insight Report provides a comprehensive analysis of the global Smart Tires landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Tires portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Tires market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Tires and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Tires.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Tires market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Truck Tire
Bus Tire
Others
Segmentation by Sensing:
Embedded In-tire Sensors
Surface-mounted Sensors
Sensor-free (Virtual Sensing via Algorithms)
Segmentation by Integration Approach:
Tire-integrated Electronics
Patch / Tag-based Integration
Non-intrusive Digital Modeling
Segmentation by Application:
OEM
Aftermarket
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Michelin
Continental
Bridgestone
Goodyear
Pirelli
Yokohama
Smart Tire Company
Nokian Tyres
Hankook
Key Questions Addressed in this Report
What is the 10-year outlook for the global Smart Tires market?
What factors are driving Smart Tires market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Smart Tires market opportunities vary by end market size?
How does Smart Tires break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Smart tires are advanced tire systems embedded with sensors and communication technologies that continuously collect real-time data on critical parameters such as tire pressure, temperature, tread wear, load and road surface conditions. Smart tires leverage data analytics and increasingly AI-powered algorithms to transmit this data to the vehicle’s onboard systems or the cloud, enabling enhanced safety, performance optimization, predictive maintenance and vehicle-level decision support. Smart tires play a key role in connected and autonomous vehicle frameworks by contributing real-time tire-road interaction intelligence. In 2025, global smart tiressales reached approximately 18,00 K Units, with an average price of 300 US$/Unit.
The growth of the smart tires market is primarily driven by rising global safety standards and regulatory requirements for real-time tire condition monitoring, combined with the rapid development of connected and automated vehicles that increasingly rely on tire-level data for vehicle control and decision-making. At the same time, commercial fleet operators are actively adopting smart tires to reduce downtime, lower maintenance costs, and improve operational efficiency through predictive analytics. In addition, the accelerated penetration of electric vehicles further stimulates demand for smart tires, as EVs require enhanced tire performance monitoring to optimize energy efficiency, range, and durability. Together, these factors are driving OEMs and fleet users to integrate sensor-enabled and data-driven tire solutions into next-generation vehicles.
LP Information, Inc. (LPI) ' newest research report, the “Smart Tires Industry Forecast” looks at past sales and reviews total world Smart Tires sales in 2025, providing a comprehensive analysis by region and market sector of projected Smart Tires sales for 2026 through 2032. With Smart Tires sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Smart Tires industry.
This Insight Report provides a comprehensive analysis of the global Smart Tires landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Smart Tires portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Smart Tires market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Smart Tires and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Smart Tires.
This report presents a comprehensive overview, market shares, and growth opportunities of Smart Tires market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Truck Tire
Bus Tire
Others
Segmentation by Sensing:
Embedded In-tire Sensors
Surface-mounted Sensors
Sensor-free (Virtual Sensing via Algorithms)
Segmentation by Integration Approach:
Tire-integrated Electronics
Patch / Tag-based Integration
Non-intrusive Digital Modeling
Segmentation by Application:
OEM
Aftermarket
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Michelin
Continental
Bridgestone
Goodyear
Pirelli
Yokohama
Smart Tire Company
Nokian Tyres
Hankook
Key Questions Addressed in this Report
What is the 10-year outlook for the global Smart Tires market?
What factors are driving Smart Tires market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Smart Tires market opportunities vary by end market size?
How does Smart Tires break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
101 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Smart Tires by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Smart Tires by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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