United States Advanced Tire Market to Grow with a CAGR of 5.18% through 2030
The United States advanced tire market
is driven by EV adoption, smart tire technologies, safety regulations,
sustainability goals, and shifting consumer preferences toward performance,
durability, low rolling resistance, and noise reduction.
According
to TechSci Research report, “United States Advanced Tire Market – By Region, Competition,
Forecast & Opportunities, 2030F”, the United States Advanced Tire market
stood at USD 3.43 billion in 2024 and is anticipated to grow USD 4.63 billion
by 2030 with a CAGR of 5.18% during forecast period. The United States advanced tire market
is undergoing a significant transformation driven by rapid technological
innovation, evolving vehicle trends, regulatory mandates, and growing consumer
expectations around performance, safety, and sustainability. As vehicles become
smarter, more electric, and increasingly autonomous, tires are evolving from
being purely mechanical components to highly engineered systems that play an
active role in vehicle efficiency, control, and communication. One of the key
forces shaping the market is the rising adoption of electric vehicles (EVs).
EVs are heavier than traditional internal combustion engine vehicles due to
their battery packs, and they demand tires with higher load-bearing
capabilities, lower rolling resistance, and reduced road noise to enhance
energy efficiency and driving range.
Another significant development in the
U.S. advanced tire market is the rising adoption of run-flat tires, which allow
vehicles to be driven even after a puncture or loss of air pressure. This
technology eliminates the immediate need for roadside tire changes, enhancing
safety and convenience. Noise-reducing technologies are also gaining traction
as consumer preferences shift toward quieter and more comfortable driving
experiences. Advanced tread designs, noise-canceling foam layers, and specially
formulated rubber compounds are being used to reduce tire-generated sound
within the vehicle cabin. These innovations not only enhance passenger comfort
but also align with broader industry trends focused on improving vehicle
acoustics, especially in electric and luxury vehicles where powertrains
generate less ambient noise.
Sustainability is another major driver
in the advanced tire market. Consumers and policymakers alike are placing
growing emphasis on the environmental footprint of tire manufacturing, usage,
and disposal. In response, tire manufacturers are exploring alternative
materials such as bio-based rubbers, recycled components, and environmentally
friendly additives. Efforts are also being made to improve energy efficiency in
tire production facilities and to develop more effective recycling systems for
used tires. Recycled tire rubber is being used in various secondary
applications, including new tire production, road surfacing, and construction
materials, contributing to a circular economy. Additionally, advancements in
tire durability and wear resistance help extend the product lifecycle, reducing
waste and enhancing sustainability.
The market is also influenced by
changing consumer behaviors and evolving vehicle trends. The rising popularity
of SUVs, crossovers, and light trucks in the U.S. has increased demand for
versatile, high-performance tires that can adapt to varied road conditions and
terrains. Similarly, the growth of the high-performance and
ultra-high-performance segments is being fueled by sports car enthusiasts and
premium vehicle owners seeking enhanced grip, cornering stability, and braking
performance. At the same time, there is increasing consumer demand for
comfort-oriented features such as smooth rides and low noise levels, which is
prompting manufacturers to adopt advanced tread patterns and innovative
noise-canceling materials.
Despite the market's many growth
drivers, it faces considerable challenges, particularly around cost pressures
and competition. The influx of low-cost imports, the rise of private-label
tires, and the price sensitivity of consumers—especially during economic
slowdowns—create a highly competitive environment. Price wars and discounting
strategies can impact profit margins, making it more difficult for
manufacturers to reinvest in innovation and sustainability initiatives.
Additionally, compliance with evolving regulatory standards—including labeling
requirements, safety testing, and performance benchmarks—requires substantial
investment in R&D and product certification.
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" United States Advanced Tire Market”
The United States Advanced Tire market is segmented into
vehicle type, technology type, tire type, sales channel company.
Based on the sales channel, the replacement
segment is emerging as the fastest-growing category in the United States
advanced tire market. This growth is driven by increasing vehicle ownership,
aging vehicle fleets, and greater awareness of tire safety and performance.
Consumers are increasingly opting for high-performance and technologically
advanced tires when replacing their original equipment, prioritizing features
such as low rolling resistance, enhanced grip, and smart tire capabilities.
Additionally, improvements in distribution networks and the rise of online tire
sales are making advanced replacement tires more accessible. These factors
collectively contribute to the segment’s rapid expansion and growing share in
the overall market.
Based on the region,
the western region of the United States is emerging as the fastest-growing area
in the advanced tire market. This growth is fueled by a combination of rising
electric vehicle adoption, a strong focus on sustainability, and increasing
consumer demand for high-performance and innovative tire solutions. The
region’s progressive regulatory environment and widespread acceptance of
cutting-edge automotive technologies support the shift toward advanced tire
usage. Additionally, the presence of tech-savvy consumers and a
well-established distribution network further accelerates market expansion.
These dynamics make the West a key contributor to the ongoing transformation of
the advanced tire landscape in the U.S.
Major companies
operating in United States Advanced Tire market are:
- Bridgestone
Corporation
- Continental
AG
- Goodyear
Tire & Rubber Company
- Michelin
- The
Yokohama Rubber Company Limited
- CEAT
Ltd.
- Pirelli
& C. S.p.A.
- Sumitomo
Corporation
- Hankook
Tire
- Nokian
Tyres Oyj.
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“Technological
advancements are playing a critical role in the evolution of advanced tires in
the United States. Manufacturers are investing heavily in research and
development to enhance tire performance through innovations in materials,
design, and production techniques. The integration of Internet of Things (IoT)
technologies into tires has led to the emergence of smart tires—equipped with
embedded sensors that provide real-time data on tire pressure, temperature,
tread wear, and road conditions. This data can be transmitted to a vehicle’s
onboard systems or even cloud-based platforms, enabling predictive maintenance,
enhancing driver safety, and reducing fuel consumption. Smart tires are
especially vital in modern vehicle platforms, including autonomous vehicles,
where sensor-enabled tires play an active role in ensuring communication with
vehicle control systems and supporting situational awareness,” said Mr. Karan
Chechi, Research Director of TechSci Research, a research-based management
consulting firm.
United States Advanced
Tire Market, By Vehicle Type (On-Highway, Off-Highway), By Technology Type
(Chip-Embedded Tires, Self-Inflating Tires, TPMS, Multi Chambered Tires), By
Tire Type (Run-Flat, Airless, Pneumatic), By Sales Channel (OEM, Replacement), By
Region, Competition, Forecast & Opportunities, 2020-2030F”,
has evaluated the future growth potential of United States Advanced Tire market
and provides statistics & information on market size, structure and future
market growth. The report intends to provide cutting-edge market intelligence
and help decision makers take sound investment decisions. Besides, the report
also identifies and analyzes the emerging trends along with essential drivers,
challenges, and opportunities in the United States Advanced Tire market.
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