The smart tire market is rapidly evolving with significant contributions from key players who are driving innovation and growth in this sector. Leading companies such as Michelin, Bridgestone, Goodyear, and Continental are at the forefront, investing heavily in research and development to enhance tire technologies. These companies focus on integrating sensors and connectivity solutions into tires to provide real-time data on tire pressure, temperature, and tread wear, significantly improving vehicle safety and performance. Additionally, technology firms like Pirelli are partnering with automotive and tech companies to advance the capabilities of smart tires through adaptive technologies and IoT integration. As these key players continue to develop and deploy advanced smart tire solutions, they play a crucial role in shaping the future of automotive technology, ultimately leading to safer, more efficient, and sustainable transportation systems.
The continuous advancements in smart tire technology are also propelling the growth of intelligent transportation systems (ITS) and autonomous vehicles. The real-time data provided by smart tires allows for better navigation, predictive maintenance, and overall vehicle management, making it an essential component for modern transportation systems. As a result, the demand for smart tires is expected to increase significantly in the coming years as more countries look towards incorporating ITS and autonomous driving into their infrastructure. As per 6Wresearch, as of 2025, the global market is valued at approximately $9.2 billion. Further, the Global Market is projected to expand at a CAGR of 9.3% from 2025 to 2031. Additionally, by 2031, the market size is expected to reach around $15.4 billion.
Company Name | Bridgestone Corporation |
Established Year | 1931 |
Headquarters | Tokyo, Japan |
Official Website | Click Here |
Bridgestone is a leading player in the smart tire market, known for pioneering tire technology and innovations. The company focuses on developing smart tires that communicate with vehicles to improve safety and performance.
Company Name | Michelin Group |
Established Year | 1889 |
Headquarters | Clermont-Ferrand, France |
Official Website | Click Here |
Michelin is renowned for its commitment to research and development, advancing smart tire solutions that offer real-time data on tire performance and monitor driving conditions.
Company Name | Goodyear Tire & Rubber Company |
Established Year | 1898 |
Headquarters | Akron, Ohio, USA |
Official Website | Click Here |
Goodyear has been at the forefront of developing tires with embedded sensors that provide valuable insights and diagnostics, enhancing vehicle safety and efficiency.
Company Name | Continental AG |
Established Year | 1871 |
Headquarters | Hanover, Germany |
Official Website | Click Here |
Continental is integrating smart tire technologies that optimize tire pressure and offer predictive maintenance features, contributing to safer and sustainable transportation.
Company Name | Pirelli & C. S.p.A. |
Established Year | 1872 |
Headquarters | Milan, Italy |
Official Website | Click Here |
Pirelli focuses on premium tire technology, with smart solutions that connect to driver platforms for improved vehicle handling and performance tracking.
Company Name | Hankook Tire & Technology |
Established Year | 1941 |
Headquarters | Seoul, South Korea |
Official Website | Click Here |
Hankook is innovating with smart tire technology designed to adapt to varying road conditions, boosting safety, and enhancing driving comfort.
Company Name | Sumitomo Rubber Industries, Ltd. |
Established Year | 1909 |
Headquarters | Kobe, Japan |
Official Website | Click Here |
Sumitomo Rubber is developing advanced smart tire systems that provide continuous tire status updates, increasing vehicle uptime and performance.
Company Name | Yokohama Rubber Company |
Established Year | 1917 |
Headquarters | Tokyo, Japan |
Official Website | Click Here |
Yokohama is committed to leveraging smart tire technology to deliver enhanced traction and durability, prioritizing driver safety and environmental sustainability.
Company Name | Toyo Tire Corporation |
Established Year | 1945 |
Headquarters | Osaka, Japan |
Official Website | Click Here |
Toyo Tire is integrating advanced smart tire technology to enable performance tracking and provide drivers with actionable data on tire conditions.
Company Name | NOKIAN |
Established Year | 1988 |
Headquarters | Nokia, Finland |
Official Website | Click Here |
Nokian is engaged in creating smart tires that adjust to climatic changes, ensuring enhanced grip and reliability in diverse driving environments.