Global Automotive Summer Tire Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Radial, Tube, Tubeless, and Bias.By Vehicle Type;
Passenger Cars, Commercial Vehicles, and Off-road Vehicles.By Tire Size;
15 Inches and Below, 16-18 Inches, 19-21 Inches, 22 Inches, and Above.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Automotive Summer Tire Market (USD Million), 2021 - 2031
In the year 2024, the Global Automotive Summer Tire Market was valued at USD 2,893.97 million. The size of this market is expected to increase to USD 4,072.11 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.0%.
The global automotive summer tire market is a dynamic and thriving sector within the broader automotive industry. Characterized by its seasonal demand and specific performance requirements, summer tires play a crucial role in providing optimal traction, handling, and safety during warmer months. As temperatures rise, drivers seek tires that excel in dry and wet conditions while maintaining stability at higher speeds, making summer tires indispensable for a wide range of vehicles, from passenger cars to high-performance sports cars.
In recent years, the automotive summer tire market has witnessed significant growth, driven by several factors. Technological advancements in tire manufacturing have led to the development of innovative tread designs, rubber compounds, and construction techniques, enhancing overall performance and durability. Additionally, increasing consumer awareness regarding the importance of tire maintenance and safety has fueled demand for high-quality summer tires, especially in regions with hot climates or prolonged summer seasons.
Stringent regulations pertaining to fuel efficiency and emissions have spurred the adoption of lightweight and low rolling resistance tires, further boosting market growth. Manufacturers are investing in research and development to create eco-friendly summer tires that not only improve fuel economy but also reduce carbon emissions, aligning with global sustainability goals. Furthermore, the growing popularity of electric vehicles (EVs) has created new opportunities for tire producers, as EVs have unique tire requirements to optimize range and performance.
The automotive summer tire market is poised for continued expansion, driven by ongoing technological innovation, evolving consumer preferences, and regulatory developments. Manufacturers are expected to focus on enhancing tire performance, durability, and sustainability to meet the evolving needs of drivers worldwide. Additionally, collaborations between automakers and tire companies to develop specialized tires for electric and autonomous vehicles are likely to shape the future landscape of the market.
Global Automotive Summer Tire Market Recent Developments
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In February 2024, Hankook launched the Ventus Prime 4, targeting energy efficiency and performance for luxury sedans and SUVs. This product is aimed at reducing environmental impact while maintaining high driving standards.
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In June 2023, Pirelli expanded its product line with the P Zero Corsa, designed for ultra-high-performance sports cars, blending track-level performance with summer road usability.
Segment Analysis
The Global Automotive Summer Tire Market is segmented based on tire type, with key categories including radial, tube, tubeless, and bias tires. Radial tires dominate the market due to their superior durability, fuel efficiency, and traction, making them the preferred choice for modern vehicles. Tubeless tires are also gaining traction due to their enhanced safety and lower maintenance requirements compared to traditional tube tires. Bias tires, though less common in passenger vehicles, still hold relevance in specific applications, particularly in off-road and heavy-duty vehicles. The increasing demand for high-performance tires in warm climates further fuels the adoption of advanced summer tire technologies.
By vehicle type, the market is classified into passenger cars, commercial vehicles, and off-road vehicles. Passenger cars constitute the largest share, driven by rising consumer demand for fuel-efficient and high-performance tires that offer improved handling in dry and wet conditions. The commercial vehicle segment, including trucks and buses, is witnessing steady growth due to the increasing need for durable summer tires capable of handling high mileage and varying road conditions. Off-road vehicles, including construction and agricultural machinery, require specialized summer tires designed for enhanced grip and durability in challenging terrains, making this a niche yet significant segment.
In terms of tire size, the market is segmented into 15 inches and below, 16-18 inches, 19-21 inches, and 22 inches and above. The 16-18 inch category holds a substantial share, as these sizes are commonly used in mid-range and premium passenger vehicles. Larger tire sizes, particularly 19 inches and above, are growing in demand due to the rising popularity of SUVs, high-performance vehicles, and luxury cars. Geographically, the market spans North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America, with Europe and Asia Pacific leading due to strong automotive production and high consumer demand for premium summer tires. While North America exhibits steady growth, emerging economies in Latin America and the Middle East & Africa are witnessing increasing adoption, driven by expanding vehicle ownership and improved road infrastructure.
Global Automotive Summer Tire Segment Analysis
In this report, the Global Automotive Summer Tire Market has been segmented by Type, vehicle Type, Tire Size and Geography.
Global Automotive Summer Tire Market, Segmentation by Type
The Global Automotive Summer Tire Market has been segmented by Type into Radial, Tube, Tubeless and Bias.
Among these segments, radial tires stand out as one of the most prevalent choices. Renowned for their durability and enhanced grip on both wet and dry surfaces, radial tires have garnered substantial popularity among drivers seeking reliable performance during the summer months. This segment's growth can be attributed to advancements in tire technology, such as innovative tread designs and materials, aimed at optimizing traction and handling in warm weather conditions.
Tube tires represent another notable segment within the global automotive summer tire market. Traditionally used in older vehicle models, tube tires continue to hold a considerable share due to their cost-effectiveness and simplicity in design. While modern advancements have led to the proliferation of tubeless tires, particularly in passenger vehicles, tube tires remain relevant in certain applications, such as off-road vehicles and agricultural machinery, where their robust construction provides added resilience against punctures and harsh terrain.
Tubeless tires have emerged as a dominant force in the automotive summer tire market, revolutionizing the driving experience with their superior safety features and enhanced fuel efficiency. By eliminating the need for inner tubes, tubeless tires minimize the risk of sudden air loss, commonly associated with punctures, thereby ensuring a more stable and secure ride. This segment's growth can be attributed to increasing consumer awareness regarding the benefits of tubeless technology, coupled with the rising demand for eco-friendly and fuel-efficient vehicles across the globe.
Bias tires, while representing a smaller segment compared to radial and tubeless tires, continue to cater to specific niche markets and applications. Characterized by their diagonal ply construction, bias tires offer robust performance in heavy-duty applications such as commercial trucks, trailers, and industrial equipment. While the automotive industry has witnessed a shift towards radial and tubeless tires in recent years, bias tires remain indispensable in certain specialized sectors where their unique properties, such as high load-carrying capacity and durability, are highly valued.
Global Automotive Summer Tire Market, Segmentation by Vehicle Type
The Global Automotive Summer Tire Market has been segmented by Vehicle Type into Passenger Cars, Commercial Vehicles, and Off-road Vehicles.
Passenger cars represent a substantial portion of this market, driven by the growing demand for comfort, performance, and safety in urban and suburban commuting. As consumers seek enhanced driving experiences, manufacturers are innovating to deliver summer tires tailored specifically for passenger vehicles, offering improved traction, handling, and fuel efficiency during warmer months.
Commercial vehicles also play a pivotal role in shaping the dynamics of the automotive summer tire market. With the expansion of e-commerce, logistics, and transportation industries, there's a rising requirement for durable and reliable tires that can withstand heavy loads and long-distance travel. Summer tires designed for commercial vehicles prioritize durability, tread wear resistance, and stability, catering to the demanding operational conditions faced by trucks, vans, and other fleet vehicles.
Off-road vehicles constitute another important segment driving growth in the global automotive summer tire market. Enthusiasts and professionals engaged in activities such as off-roading, adventure tourism, and agriculture rely on specialized tires optimized for rugged terrains, rough surfaces, and challenging weather conditions. Manufacturers are continually refining their offerings to deliver summer tires with robust construction, aggressive tread patterns, and enhanced traction capabilities, ensuring optimal performance in diverse off-road environments.
Global Automotive Summer Tire Market, Segmentation by Tire Size
The Global Automotive Summer Tire Market has been segmented by Tire Size into 15 Inches and Below, 16-18 Inches, 19-21 Inches, 22 Inches, and Above.
The Global Automotive Summer Tire Market is segmented by tire size into five key categories: 15 inches and below, 16-18 inches, 19-21 inches, and 22 inches and above. Each segment caters to different types of vehicles, ensuring optimal performance based on size requirements and driving conditions. Smaller tires (15 inches and below) are commonly found in compact and subcompact cars, offering cost-effective solutions with enhanced fuel efficiency and maneuverability. These tires are preferred by urban drivers who prioritize affordability and everyday driving convenience.
The 16-18 inch segment is one of the most significant in the market, as it is widely used in mid-sized sedans, crossovers, and SUVs. This category balances comfort, performance, and affordability, making it a popular choice among consumers. The 19-21 inch segment, on the other hand, caters to premium and performance-oriented vehicles such as sports cars and luxury SUVs. These tires provide superior grip, stability, and handling, making them ideal for high-speed driving and enhanced road contact.
The 22 inches and above segment represents the premium and high-performance category, commonly used in luxury SUVs, sports cars, and specialized vehicles. These larger tires are designed for superior road performance, enhanced aesthetics, and durability, but they come at a higher cost and may reduce fuel efficiency. Manufacturers in this segment focus on advanced rubber compounds and tread patterns to ensure optimal grip and braking performance. As the automotive industry continues to evolve, increasing consumer demand for larger and high-performance tires is expected to drive growth in this segment.
Global Automotive Summer Tire Market, Segmentation by Geography
In this report, the Global Automotive Summer Tire Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Automotive Summer Tire Market Share (%), by Geographical Region, 2024
North America, characterized by its mature automotive industry and discerning consumer base, commands a significant portion of the global market share. The region's emphasis on performance and safety in summer tire selections propels market growth, particularly in the United States and Canada, where high temperatures during summer months necessitate reliable tire performance.
In Europe, renowned for its automotive heritage and stringent regulations, the summer tire market experiences robust demand driven by both OEM and aftermarket sectors. Countries like Germany, France, and the UK stand out as major contributors, fueled by a strong automotive culture and a preference for specialized tire solutions tailored to seasonal requirements. The region's focus on eco-friendly mobility and innovative tire technologies further amplifies market expansion opportunities.
The Asia Pacific emerges as a dynamic hub for the automotive summer tire market, fueled by rapid urbanization, rising disposable incomes, and escalating vehicle sales across key economies like China, Japan, and India. As consumers prioritize comfort, performance, and fuel efficiency, manufacturers are compelled to innovate and offer advanced tire solutions tailored to diverse climatic conditions prevalent across the region. Moreover, the proliferation of electric vehicles (EVs) and hybrid cars underscores the demand for specialized summer tires optimized for eco-friendly mobility.
In the Middle East and Africa, characterized by arid climates and extreme temperatures, the summer tire market experiences steady growth driven by factors such as infrastructural development, increasing automotive sales, and a burgeoning tourism industry. Countries like the United Arab Emirates, Saudi Arabia, and South Africa exhibit significant potential, with consumers seeking high-performance tires capable of withstanding challenging road conditions prevalent during the summer season. Furthermore, the region's expanding automotive aftermarket sector presents lucrative opportunities for tire manufacturers and distributors.
Latin America rounds off the geographical segmentation, characterized by a diverse automotive landscape shaped by economic fluctuations and varying consumer preferences across countries like Brazil, Mexico, and Argentina. Despite economic challenges, the region showcases resilience, with a growing middle class and increasing vehicle ownership propelling demand for summer tires. Manufacturers are leveraging strategic partnerships and product innovations to cater to evolving consumer needs, driving market growth amidst competitive dynamics. Collectively, these five regions define the global automotive summer tire market, each contributing distinct opportunities and challenges shaping industry trends and developments.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Automotive Summer Tire Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunities Analysis
Drivers:
- Rising vehicle production and sales
- Increasing demand for performance tires
- Advancements in tire technology
- Growing preference for SUVs
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Expansion of distribution channels- The global automotive summer tire market is experiencing a significant surge, primarily driven by the expansion of distribution channels. With a growing emphasis on performance and safety, consumers are increasingly demanding high-quality tires tailored for summer conditions. This trend has prompted tire manufacturers to explore diverse distribution channels, including online platforms, specialty tire stores, automotive dealerships, and even partnerships with vehicle manufacturers. By leveraging these channels, companies can reach a wider audience and cater to the specific needs of different customer segments, thereby boosting sales and market penetration.
The expansion of distribution channels enables tire manufacturers to enhance their brand visibility and customer engagement. Through strategic partnerships and collaborations, companies can tap into new markets and leverage the expertise of their partners to deliver innovative solutions. Furthermore, the proliferation of digital technologies has revolutionized the way consumers research and purchase tires, making online channels increasingly crucial for reaching tech-savvy customers. As a result, tire manufacturers are investing in e-commerce platforms and digital marketing initiatives to capitalize on the growing demand for automotive summer tires. Overall, the expansion of distribution channels presents lucrative opportunities for players in the global automotive summer tire market to drive growth and stay competitive in a rapidly evolving landscape.
Restraints:
- Fluctuating raw material prices
- Stringent regulations on emissions
- Competition from all-season tires
- Economic uncertainties
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Limited adoption in emerging markets- The global automotive summer tire market has witnessed robust growth in established automotive markets, driven primarily by factors such as increasing consumer demand for high-performance tires, advancements in tire technology, and a growing preference for summer tires over all-season or winter variants. Developed regions like North America and Europe have been key contributors to this growth, with consumers valuing the improved handling, traction, and braking performance that summer tires offer in warmer weather conditions. Additionally, the automotive industry's focus on enhancing fuel efficiency and reducing carbon emissions has further propelled the demand for summer tires, which are typically designed to provide lower rolling resistance compared to other tire types.
The adoption of summer tires in emerging markets has been relatively limited compared to their developed counterparts. Several factors contribute to this phenomenon, including lower consumer awareness about the benefits of summer tires, preference for all-season tires due to their versatility across different weather conditions, and cost considerations among price-sensitive consumers.
Infrastructure challenges, such as poorly maintained roads and inadequate tire service facilities in some emerging markets, also hinder the widespread adoption of summer tires. To address these barriers and tap into the growth potential of emerging markets, tire manufacturers may need to invest in educational campaigns to raise awareness about the performance advantages of summer tires, develop cost-effective offerings tailored to the needs of these markets, and collaborate with local governments and stakeholders to improve road infrastructure and aftermarket support services.
Opportunities:
- Shift towards eco-friendly tires
- Development of smart tire technology
- Expansion in Asia-Pacific region
- Customization and personalization trends
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Integration of digital platforms- The global automotive summer tire market is experiencing a significant transformation with the integration of digital platforms. As the automotive industry continues to embrace digitalization, tire manufacturers are leveraging advanced technologies to enhance customer experience, streamline operations, and optimize supply chain management. Digital platforms are being employed for various purposes, including online tire sales, predictive maintenance, and real-time monitoring of tire performance.
One of the key drivers behind the integration of digital platforms in the automotive summer tire market is the growing consumer demand for convenience and efficiency. With the rise of e-commerce platforms and mobile applications, customers now expect seamless access to tire-related information, such as pricing, availability, and specifications. By adopting digital platforms, tire manufacturers can reach a wider audience, engage with customers more effectively, and deliver personalized solutions tailored to individual needs. Furthermore, the integration of digital technologies enables manufacturers to gather valuable data on tire usage and performance, allowing for proactive maintenance and predictive analytics to improve overall safety and reliability.
Competitive Landscape Analysis
Key players in Global Automotive Summer Tire Market include:
- Michelin
- Bridgestone
- Continental
- Goodyear
- Pirelli
- Hankook
- Yokohama
- Dunlop
- Sumitomo Rubber Industries
- Toyo Tires
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Vehicle Type
- Market Snapshot, By Tire Size
- Market Snapshot, By Region
- Global Automotive Summer Tire Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising vehicle production and sales
- Increasing demand for performance tires
- Advancements in tire technology
- Growing preference for SUVs
- Expansion of distribution channels
- Restraints
- Fluctuating raw material prices
- Stringent regulations on emissions
- Competition from all-season tires
- Economic uncertainties
- Limited adoption in emerging markets
- Opportunities
- Shift towards eco-friendly tires
- Development of smart tire technology
- Expansion in Asia-Pacific region
- Customization and personalization trends
- Integration of digital platforms
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Automotive Summer Tire Market, By Type, 2021 - 2031 (USD Million)
- Radial
- Tube
- Tubeless
- Bias
- Global Automotive Summer Tire Market, By Vehicle Type, 2021 - 2031 (USD Million)
- Passenger Cars
- Commercial Vehicles
- Off-road Vehicles
- Global Automotive Summer Tire Market, By Tire Size, 2021 - 2031 (USD Million)
- 15 Inches and Below
- 16-18 Inches
- 19-21 Inches
- 22 Inches
- Above
- Global Automotive Summer Tire Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Automotive Summer Tire Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Michelin
- Bridgestone
- Continental
- Goodyear
- Pirelli
- Hankook
- Yokohama
- Dunlop
- Sumitomo Rubber Industries
- Toyo Tires
- Company Profiles
- Analyst Views
- Future Outlook of the Market