IMARC Group has recently released a new research study titled “North America Tire Market Report by Segment (OEM Market, Replacement Market), Application (Passenger Car/ Light Truck, Commercial Tires (Trucks), Commercial Tires (Off- Highway)), and Country 2025-2033”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.
Market Overview
The North America tire market size was 406.0 Million Units in 2024 and is expected to reach 504.5 Million Units by 2033, growing at a CAGR of 2.32% during the forecast period 2025-2033. This growth is driven by increased production and sales of luxury vehicles, rising focus on driver and passenger safety, and higher adoption of winter tires during extreme weather.
Study Assumption Years
- Base Year: 2024
- Historical Year/Period: 2019-2024
- Forecast Year/Period: 2025-2033
North America Tire Market Key Takeaways
- Current Market Size: 406.0 Million Units (2024)
- CAGR: 2.32% (2025-2033)
- Forecast Period: 2025-2033
- The replacement market segment represented the largest segment.
- Passenger car/light truck accounted for the largest application market share.
- The United States was the largest market in North America due to vehicle sales, product innovations, and advanced technologies.
- Increasing production and sales of luxury, autonomous, passenger, and commercial vehicles are major demand drivers.
- Manufacturers focus on eco-friendly, lightweight, airless 3D printed tires and sensors to monitor tire conditions.
Sample Request Link: https://www.imarcgroup.com/north-america-tire-market/requestsample
North America Tire Market Growth Factors
The North America tire market is propelled by increasing production and sales of luxury vehicles alongside advancements in autonomous and commercial vehicles. The rising demand for premium quality tires that offer longer life, enhanced stability, and high puncture resistance in ultra-high-performance vehicles boosts the market further. There is also a growing focus on driver and passenger safety due to the increasing number of fatal accidents, which positively impacts market growth.
Another growth driver is the rising adoption of winter tires in extreme weather, such as snow and ice. This trend supports tire demand in the region, especially with harsh seasonal conditions. Furthermore, the preference for premium tires in logistics and transportation to ensure timely deliveries due to enhanced stopping power, safety, and handling fosters steady market expansion.
Environmental sustainability efforts are also playing a significant role. Manufacturers are working on recovering and recycling used tires to reduce environmental impact and energy consumption. They are innovating with eco-friendly materials, lightweight designs, and airless 3D printed tires, broadening product portfolios. The integration of sensor-equipped tires for real-time monitoring of pressure and temperature enhances user experience and operational safety, catalyzing market development.
To get more information on this market, Request Sample
North America Tire Market Segmentation
Breakup by Segment:
- OEM Market
- Replacement Market
Description: The market is divided into the original equipment manufacturer (OEM) and replacement sectors, where the replacement segment holds larger market share.
Breakup by Application:
- Passenger Car/ Light Truck
- Commercial Tires (Trucks)
- Commercial Tires (Off- Highway)
Description: Applications cover passenger cars and light trucks, commercial truck tires, and off-highway commercial tires. Passenger car/light truck application dominates the market.
Breakup by Country:
- United States
- Canada
Description: The regional market includes the United States and Canada, with the U.S. being the largest market driven by vehicle sales, innovations, and technology integration.
Regional Insights
The United States is the dominant market in North America for tires, attributed to high vehicle sales, product innovations, and the integration of advanced technologies. This prominence supports robust market growth throughout the forecast period.
Speak to An Analyst: https://www.imarcgroup.com/request?type=report&id=1753&flag=C
Competitive Landscape
The market research report covers a comprehensive competitive landscape analysis including market structure, key player positioning, winning strategies, competitive dashboards, and company evaluation quadrants. Detailed profiles of all major companies have been provided.
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
About Us
IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
Contact Us
IMARC Group,
134 N 4th St. Brooklyn, NY 11249, USA,
Email: [email protected],
Tel No: (D) +91 120 433 0800,
United States: +1-201971-6302
