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Connected Tires Market Growth From $0.02 Billion In 2026 To $0.07 Billion By 2030 At A CAGR Of 36.5%
The connected tires market size has grown exponentially in recent years. It will grow from $0.01 billion in 2025 to $0.02 billion in 2026 at a compound annual growth rate (CAGR) of 41.2%. The growth in the historic period can be attributed to vehicle safety regulations, adoption of tpms, fleet management growth, sensor cost reduction, automotive digitization.
The connected tires market size is expected to see exponential growth in the next few years. It will grow to $0.07 billion in 2030 at a compound annual growth rate (CAGR) of 36.5%. The growth in the forecast period can be attributed to connected vehicle expansion, electric vehicle adoption, demand for real-time vehicle data, AI-based analytics integration, smart mobility growth. Major trends in the forecast period include integration of tire sensor technologies, growth of predictive tire maintenance, adoption in commercial fleets, expansion of oem fitment, focus on vehicle safety and efficiency.
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Connected Tires Market Growth Momentum: What Factors Are Shaping Demand?
The increasing adoption of autonomous vehicles is expected to propel the growth of the connected tires market going forward. Autonomous vehicles are self-driving cars equipped with advanced sensors, cameras, radar, and artificial intelligence to navigate and operate without human intervention. The adoption of autonomous vehicles is due to technological advancements, environmental concerns, and changing consumer preferences. Connected tires are essential to autonomous vehicles, providing critical data that enhances safety, performance, efficiency, and user experience, making them indispensable in modern transportation evolution. For instance, in March 2024, according to the DQS Global, a Germany-based auditing and certification company, the United States is expected to have around 3.5 million autonomous vehicles on its roads by 2025, with this figure projected to increase to 4.5 million by 2030. Therefore, increasing adoption of autonomous and electric vehicles will drive the connected tires market.
Connected Tires Market Segment Landscape And Growth Outlook
The connected tires market covered in this report is segmented –
1) By Component: Tire Pressure Monitoring System, Accelerometer Sensors, Strain Gauge Sensors, Radio-Frequency Identification chips
2) By Rim Size: 12-17 Inches, 18-22 Inches, More than 22 Inches
3) By Vehicle Type: Passenger Cars, Commercial Vehicles
4) By Application: Original Equipment Manufacturer (OEM), Aftermarket
Subsegments:
1) By Tire Pressure Monitoring System (Tpms): Direct Tpms, Indirect Tpms
2) By Accelerometer Sensors: Vibration Sensors, Vibration Monitoring Systems, Impact Detection Sensors
3) By Strain Gauge Sensors: Tire Load Monitoring Sensors, Deformation Measurement Sensors, Tread Wear Sensors
4) By Radio-Frequency Identification (Rfid) Chips: Passive Rfid Chips, Active Rfid Chips, Hybrid Rfid Chips
Connected Tires Market Trends Redefining Industry Growth
Major companies operating in the connected tires market are focused on developing innovative technologies, such as smart TPMS sensors, to enhance vehicle safety, efficiency, and performance. Smart TPMS (tire pressure monitoring system) sensors refer to advanced technology embedded within tires to monitor tire pressure and temperature in real-time. TPMS sensors are crucial for vehicle safety and performance, providing continuous data on tire conditions to drivers and vehicle systems. For instance, in September 2023, Infineon Technologies AG, a Germany-based semiconductor manufacturing company, launched an XENSIV SP49 tire pressure monitoring sensor. The XENSIV SP49 tire pressure sensor offers high accuracy in measuring tire pressure, ensuring precise monitoring to enhance vehicle safety and performance. It is designed to withstand harsh environmental conditions, ensuring reliable operation over extended periods. Integrated seamlessly with vehicle electronics, it supports wireless connectivity for efficient data transmission to onboard systems or external devices, enabling real-time monitoring and prompt alerts to drivers of any deviations in tire pressure.
Connected Tires Market Competitive Landscape: Who Leads The Industry?
Major companies operating in the connected tires market report include MRF Limited, ZF Friedrichshafen AG, Continental AG, Bridgestone Corporation, Compagnie Générale des Établissements Michelin, The Goodyear Tire & Rubber Company, Sumitomo Rubber Industries Ltd., Pirelli & C. S.p.A., The Yokohama Rubber Co. Ltd., Hankook Tire & Technology Co. Ltd., Kumho Tire Co. Inc., Toyo Tire Corporation, Trelleborg AB, Shandong Linglong Tire Co. Ltd., Titan International Inc., Nexen Tire Corporation, Nokian Tyres plc, CEAT Limited, Qingdao Doublestar Co. Ltd., Giti Tire Corporation, Sailun Group Co. Ltd., NIRA Dynamics AB, Transense Technologies plc
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Connected Tires Market Global Footprint: Which Region Leads The Market?
Asia-Pacific was the largest region in the connected tires market in 2025. The regions covered in the connected tires market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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Wasay has over a decade of experience in market research, data modelling, and analytics, with prior experience at GlobalData and Decision Tree Consulting Services. At The Business Research Company , he leads research operations across syndicated studies, customized consulting engagements, and the Global Market Model platform. His professional experience includes supporting organizations such as Boston Consulting Group, KPMG, and Ernst & Young. Wasay holds a degree in Electronics and Communications Engineering, postgraduate management qualifications from International Management Institute Belgium and Indian School of Business and Entrepreneurship, and completed the Integrated Program in Business Analytics from Indian Institute of Management Indore.
