North America Tires Market Size & Outlook, 2025-2030
The tires market in North America is expected to reach a projected revenue of US$ 37,405.3 million by 2030. A compound annual growth rate of 3.5% is expected of North America tires market from 2025 to 2030.
Revenue, 2024 (US$M)
$30,582.9
Forecast, 2030 (US$M)
$37,405.3
CAGR, 2025 - 2030
3.5%
Report Coverage
North America
Global Market
Related Markets
North America tires market highlights
- The North America tires market generated a revenue of USD 30,582.9 million in 2024.
- The market is expected to grow at a CAGR of 3.5% from 2025 to 2030.
- In terms of segment, aftermarket was the largest revenue generating distribution channel in 2024.
- Aftermarket is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- Country-wise, U.S. is expected to register the highest CAGR from 2025 to 2030.
North America data book summary
| Market revenue in 2024 | USD 30,582.9 million |
| Market revenue in 2030 | USD 37,405.3 million |
| Growth rate | 3.5% (CAGR from 2025 to 2030) |
| Largest segment | Aftermarket |
| Fastest growing segment | Aftermarket |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | OEM, Aftermarket |
Other key industry trends
- In terms of revenue, North America region accounted for 21.4% of the global tires market in 2024.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 78,227.9 million by 2030.
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Publish Date: Feb 17, 2025
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Tires Market Scope
Tires Market segmentation & scope
Tires Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Bridgestone Corp | View profile | 125,199 | 1-1-3 Kyobashi, Chuo-ku, Tokyo, Japan, 104-8340 | www.bridgestone.co.jp |
| Continental AG | View profile | 200,888 | Continental-Plaza 1, 30001, P.O. Box 1 69, Hanover, NI, Germany, 30175 | www.continental.com |
| Sumitomo Corp | View profile | 108,457 | 3-2 Otemachi 2-Chome, Chiyoda-ku, Tokyo, Japan, 100-8601 | www.sumitomocorp.co.jp |
| Michelin | View profile | 125,000 | 23, Place des Carmes, Dechaux, Puy-de-Dome, Clermont-Ferrand, France, 63000 | www.michelin.com |
| The Goodyear Tire & Rubber Company | View profile | - | Akron, Ohio, United States, North America | jobs.goodyear.com/ |
| Pirelli | View profile | 10001+ | Milano, Lombardia, Italy, Europe | www.pirelli.com/global/en-ww/homepage |
| Toyo Engineering | View profile | 251-500 | Chiba, Chiba, Japan, Asia | www.toyo-eng.com/ |
| Yokohama Tire Corporation | View profile | 1001-5000 | Santa Ana, California, United States, North America | www.yokohamatire.com/ |
North America Tires Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Tires Market Outlook will help companies and investors design strategic landscapes.
Aftermarket was the largest segment with a revenue share of 73.92% in 2024.
Horizon Databook has segmented the North America tires market based on oem, aftermarket covering the revenue growth of each sub-segment from 2018 to 2030.
- North America Tires Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
- OEM
- Aftermarket
- North America Tires Market Vehicle Type Outlook (Revenue, USD Million , 2018-2030)
- Two-wheelers
- Passenger cars
- Light Commercial Vehicles
- Heavy Commercial Vehicle
- Aircraft Tires
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the North America Tires Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into North America Tires Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
North America Tires Market, 2018-2030 (US$M)
North America tires market statistics, by distribution channel, 2018-2030 (US$M)
