| Product Code: ETC13367056 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Smart Tyre Market was valued at USD 3.4 Billion in 2024 and is expected to reach USD 6.2 Billion by 2031, growing at a compound annual growth rate of 10.40% during the forecast period (2025-2031).
The Global Smart Tyre Market is witnessing significant growth due to the increasing demand for advanced safety and monitoring systems in vehicles. Smart tyres are equipped with sensors and technology that allow real-time monitoring of tire pressure, temperature, and tread wear, enhancing overall vehicle performance and safety. Factors such as the rise in automotive sales, growing adoption of connected vehicles, and increasing focus on fuel efficiency are driving the market expansion. Additionally, the integration of smart tyre technology with IoT and AI capabilities is further propelling market growth. Key players in the market are investing in research and development to introduce innovative products and expand their market presence. The market is expected to continue its upward trajectory with the ongoing advancements in automotive technology and increasing consumer awareness of vehicle safety.
The Global Smart Tyre Market is experiencing significant growth fueled by the increasing adoption of connected vehicles and advancements in tire technology. Key trends in the market include the integration of sensors and IoT technology in tyres for real-time monitoring of tire pressure, temperature, and tread wear, enhancing safety and performance. Opportunities in the market are abundant, with a rising focus on improving fuel efficiency, reducing maintenance costs, and enhancing overall driving experience. Manufacturers are investing in research and development to innovate smart tire solutions that offer predictive maintenance capabilities and enable vehicle-to-vehicle communication. The market is poised for further expansion as automotive industry players continue to prioritize smart technologies, creating a promising landscape for smart tire innovations.
The Global Smart Tyre Market faces several challenges, including high initial costs for implementing smart tyre technology, lack of awareness among consumers about the benefits of smart tyres, and difficulties in standardizing communication protocols among different tyre manufacturers and vehicle systems. Additionally, issues related to data privacy and cybersecurity concerns pose significant challenges in the adoption of smart tyre technology. Furthermore, the complexity of integrating smart tyre sensors with existing vehicle systems and the need for specialized equipment for maintenance and repairs create barriers to widespread market adoption. Overall, overcoming these challenges will require collaborative efforts among industry stakeholders to streamline technology integration, educate consumers, address data security issues, and drive down costs to make smart tyres more accessible and attractive to the mass market.
The Global Smart Tyre Market is being driven by several key factors. Firstly, the increasing demand for advanced safety features in vehicles is pushing the adoption of smart tyres that provide real-time monitoring of tire pressure, temperature, and tread wear, enhancing overall vehicle safety. Secondly, the growing focus on improving fuel efficiency and reducing emissions is driving the adoption of smart tyres that optimize tire performance and contribute to better fuel consumption. Additionally, the rise of connected vehicles and the Internet of Things (IoT) is fueling the demand for smart tyres that can communicate with vehicle systems and provide valuable data for predictive maintenance. Furthermore, the expansion of the automotive industry, particularly in emerging markets, is creating opportunities for smart tyre manufacturers to cater to a larger customer base.
Government policies related to the Global Smart Tyre Market primarily focus on promoting the adoption of smart tyre technologies to enhance road safety, reduce environmental impact, and improve overall transportation efficiency. These policies include regulations mandating the use of smart tyre sensors to monitor tire pressure and temperature, as well as initiatives to incentivize the development and deployment of innovative smart tyre solutions. Additionally, government agencies are working towards creating standardized testing procedures and certification requirements for smart tyres to ensure quality and reliability. The overarching goal of these policies is to drive the widespread adoption of smart tyre technologies across industries and regions, ultimately leading to a safer and more sustainable transportation ecosystem.
The Global Smart Tyre Market is expected to witness significant growth in the coming years, driven by advancements in technology and increasing demand for connected vehicles. The integration of sensors and connectivity features in smart tyres enables real-time monitoring of tire pressure, temperature, and tread wear, leading to improved safety, performance, and fuel efficiency. Additionally, the rise in adoption of electric vehicles and autonomous driving technologies is further expected to boost the market. The growing focus on sustainability and the need for efficient transportation solutions will also contribute to the expansion of the smart tyre market. Overall, with ongoing innovations and the automotive industry`s shift towards smart mobility solutions, the Global Smart Tyre Market is poised for robust growth in the foreseeable future.
The global smart tyre market shows varying trends across regions. In Asia, particularly in countries like China and India, the market is experiencing rapid growth due to increasing automotive production and adoption of advanced technologies. North America leads in terms of smart tyre adoption, driven by a strong focus on vehicle safety and integration of smart features in luxury vehicles. Europe is also a key market for smart tyres, with stringent regulations on vehicle safety and environmental standards propelling market growth. In the Middle East and Africa region, the market is growing steadily as vehicle sales increase and awareness of smart tyre benefits rises. Latin America shows potential for growth, with expanding automotive industry and increasing investments in smart technology infrastructure driving market development.
Global Smart Tyre Market |
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Global Smart Tyre Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Smart Tyre Market Revenues & Volume, 2021 & 2031F |
3.3 Global Smart Tyre Market - Industry Life Cycle |
3.4 Global Smart Tyre Market - Porter's Five Forces |
3.5 Global Smart Tyre Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Smart Tyre Market Revenues & Volume Share, By Tyre Type, 2021 & 2031F |
3.7 Global Smart Tyre Market Revenues & Volume Share, By Connectivity, 2021 & 2031F |
3.8 Global Smart Tyre Market Revenues & Volume Share, By AI Capabilities, 2021 & 2031F |
3.9 Global Smart Tyre Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.10 Global Smart Tyre Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 Global Smart Tyre Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Smart Tyre Market Trends |
6 Global Smart Tyre Market, 2021 - 2031 |
6.1 Global Smart Tyre Market, Revenues & Volume, By Tyre Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Smart Tyre Market, Revenues & Volume, By AI-Powered Pressure Monitoring Tyres, 2021 - 2031 |
6.1.3 Global Smart Tyre Market, Revenues & Volume, By Self-Inflating Smart Tyres, 2021 - 2031 |
6.1.4 Global Smart Tyre Market, Revenues & Volume, By RFID-Embedded Smart Tyres, 2021 - 2031 |
6.1.5 Global Smart Tyre Market, Revenues & Volume, By AI-Driven Performance Tyres, 2021 - 2031 |
6.1.6 Global Smart Tyre Market, Revenues & Volume, By Solar-Powered Smart Tyres, 2021 - 2031 |
6.2 Global Smart Tyre Market, Revenues & Volume, By Connectivity, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Smart Tyre Market, Revenues & Volume, By IoT-Enabled, 2021 - 2031 |
6.2.3 Global Smart Tyre Market, Revenues & Volume, By Cloud-Based, 2021 - 2031 |
6.2.4 Global Smart Tyre Market, Revenues & Volume, By NFC-Connected, 2021 - 2031 |
6.2.5 Global Smart Tyre Market, Revenues & Volume, By AI-Powered, 2021 - 2031 |
6.2.6 Global Smart Tyre Market, Revenues & Volume, By Renewable Energy Integrated, 2021 - 2031 |
6.3 Global Smart Tyre Market, Revenues & Volume, By AI Capabilities, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Smart Tyre Market, Revenues & Volume, By Real-Time Air Pressure Tracking, 2021 - 2031 |
6.3.3 Global Smart Tyre Market, Revenues & Volume, By Automated Air Adjustment, 2021 - 2031 |
6.3.4 Global Smart Tyre Market, Revenues & Volume, By Anti-Theft Tracking, 2021 - 2031 |
6.3.5 Global Smart Tyre Market, Revenues & Volume, By Speed & Grip Optimization, 2021 - 2031 |
6.3.6 Global Smart Tyre Market, Revenues & Volume, By Energy Harvesting, 2021 - 2031 |
6.4 Global Smart Tyre Market, Revenues & Volume, By Application, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Smart Tyre Market, Revenues & Volume, By Vehicle Safety, 2021 - 2031 |
6.4.3 Global Smart Tyre Market, Revenues & Volume, By Fleet Management, 2021 - 2031 |
6.4.4 Global Smart Tyre Market, Revenues & Volume, By Commercial Vehicles, 2021 - 2031 |
6.4.5 Global Smart Tyre Market, Revenues & Volume, By Sports Cars, 2021 - 2031 |
6.4.6 Global Smart Tyre Market, Revenues & Volume, By Sustainable Vehicles, 2021 - 2031 |
6.5 Global Smart Tyre Market, Revenues & Volume, By End User, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Smart Tyre Market, Revenues & Volume, By Car Owners, 2021 - 2031 |
6.5.3 Global Smart Tyre Market, Revenues & Volume, By Logistics Companies, 2021 - 2031 |
6.5.4 Global Smart Tyre Market, Revenues & Volume, By Transport Companies, 2021 - 2031 |
6.5.5 Global Smart Tyre Market, Revenues & Volume, By Racing Industry, 2021 - 2031 |
6.5.6 Global Smart Tyre Market, Revenues & Volume, By Green Transport, 2021 - 2031 |
7 North America Smart Tyre Market, Overview & Analysis |
7.1 North America Smart Tyre Market Revenues & Volume, 2021 - 2031 |
7.2 North America Smart Tyre Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Smart Tyre Market, Revenues & Volume, By Tyre Type, 2021 - 2031 |
7.4 North America Smart Tyre Market, Revenues & Volume, By Connectivity, 2021 - 2031 |
7.5 North America Smart Tyre Market, Revenues & Volume, By AI Capabilities, 2021 - 2031 |
7.6 North America Smart Tyre Market, Revenues & Volume, By Application, 2021 - 2031 |
7.7 North America Smart Tyre Market, Revenues & Volume, By End User, 2021 - 2031 |
8 Latin America (LATAM) Smart Tyre Market, Overview & Analysis |
8.1 Latin America (LATAM) Smart Tyre Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Smart Tyre Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Smart Tyre Market, Revenues & Volume, By Tyre Type, 2021 - 2031 |
8.4 Latin America (LATAM) Smart Tyre Market, Revenues & Volume, By Connectivity, 2021 - 2031 |
8.5 Latin America (LATAM) Smart Tyre Market, Revenues & Volume, By AI Capabilities, 2021 - 2031 |
8.6 Latin America (LATAM) Smart Tyre Market, Revenues & Volume, By Application, 2021 - 2031 |
8.7 Latin America (LATAM) Smart Tyre Market, Revenues & Volume, By End User, 2021 - 2031 |
9 Asia Smart Tyre Market, Overview & Analysis |
9.1 Asia Smart Tyre Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Smart Tyre Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Smart Tyre Market, Revenues & Volume, By Tyre Type, 2021 - 2031 |
9.4 Asia Smart Tyre Market, Revenues & Volume, By Connectivity, 2021 - 2031 |
9.5 Asia Smart Tyre Market, Revenues & Volume, By AI Capabilities, 2021 - 2031 |
9.6 Asia Smart Tyre Market, Revenues & Volume, By Application, 2021 - 2031 |
9.7 Asia Smart Tyre Market, Revenues & Volume, By End User, 2021 - 2031 |
10 Africa Smart Tyre Market, Overview & Analysis |
10.1 Africa Smart Tyre Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Smart Tyre Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Smart Tyre Market, Revenues & Volume, By Tyre Type, 2021 - 2031 |
10.4 Africa Smart Tyre Market, Revenues & Volume, By Connectivity, 2021 - 2031 |
10.5 Africa Smart Tyre Market, Revenues & Volume, By AI Capabilities, 2021 - 2031 |
10.6 Africa Smart Tyre Market, Revenues & Volume, By Application, 2021 - 2031 |
10.7 Africa Smart Tyre Market, Revenues & Volume, By End User, 2021 - 2031 |
11 Europe Smart Tyre Market, Overview & Analysis |
11.1 Europe Smart Tyre Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Smart Tyre Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Smart Tyre Market, Revenues & Volume, By Tyre Type, 2021 - 2031 |
11.4 Europe Smart Tyre Market, Revenues & Volume, By Connectivity, 2021 - 2031 |
11.5 Europe Smart Tyre Market, Revenues & Volume, By AI Capabilities, 2021 - 2031 |
11.6 Europe Smart Tyre Market, Revenues & Volume, By Application, 2021 - 2031 |
11.7 Europe Smart Tyre Market, Revenues & Volume, By End User, 2021 - 2031 |
12 Middle East Smart Tyre Market, Overview & Analysis |
12.1 Middle East Smart Tyre Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Smart Tyre Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Smart Tyre Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Smart Tyre Market, Revenues & Volume, By Tyre Type, 2021 - 2031 |
12.4 Middle East Smart Tyre Market, Revenues & Volume, By Connectivity, 2021 - 2031 |
12.5 Middle East Smart Tyre Market, Revenues & Volume, By AI Capabilities, 2021 - 2031 |
12.6 Middle East Smart Tyre Market, Revenues & Volume, By Application, 2021 - 2031 |
12.7 Middle East Smart Tyre Market, Revenues & Volume, By End User, 2021 - 2031 |
13 Global Smart Tyre Market Key Performance Indicators |
14 Global Smart Tyre Market - Export/Import By Countries Assessment |
15 Global Smart Tyre Market - Opportunity Assessment |
15.1 Global Smart Tyre Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Smart Tyre Market Opportunity Assessment, By Tyre Type, 2021 & 2031F |
15.3 Global Smart Tyre Market Opportunity Assessment, By Connectivity, 2021 & 2031F |
15.4 Global Smart Tyre Market Opportunity Assessment, By AI Capabilities, 2021 & 2031F |
15.5 Global Smart Tyre Market Opportunity Assessment, By Application, 2021 & 2031F |
15.6 Global Smart Tyre Market Opportunity Assessment, By End User, 2021 & 2031F |
16 Global Smart Tyre Market - Competitive Landscape |
16.1 Global Smart Tyre Market Revenue Share, By Companies, 2024 |
16.2 Global Smart Tyre Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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