Global Airless Tires Market Size To Exceed USD 92.82 Billion By 2033: Industry Report

Global Airless Tires Market Size To Exceed USD 92.82 Billion By 2033

According to a research report published by Spherical Insights & Consulting, The Global Airless Tires Market Size is Expected to Grow from USD 56.72 Billion in 2023 to USD 92.82 Billion by 2033, at a CAGR of 5.05% during the forecast period 2023-2033.                       

Browse 210 market data Tables and 45 Figures spread through 190 Pages and in-depth TOC on the Global Airless Tires Market Size, Share, and COVID-19 Impact Analysis, By Vehicle Type (Passenger Vehicles and Commercial Vehicles), By Sales Channel (OEM and Aftermarket), and By Region (North America, Europe, Asia Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 – 2033.                                      

The airless tires market encompasses the development, production, and sale of non-pneumatic tires that function without air pressure. These innovative tires utilize materials like closed-cell polyurethane foam or composite spokes to maintain structural integrity, offering advantages such as puncture resistance and reduced maintenance needs. Moreover, the airless tires market is driven by a growing demand for puncture-resistant and maintenance-free tire solutions, especially in military, construction, and commercial applications. Rising safety concerns, longer tire lifespan, and increased focus on sustainability also fuel adoption. Technological advancements and ongoing R&D further support the development of efficient airless tire systems. However, the airless tires market faces restraints such as high manufacturing costs, limited availability for passenger vehicles, ride comfort concerns, and lower consumer awareness, which collectively hinder widespread adoption and market expansion.

The passenger vehicles segment accounted for the largest share of the global airless tires market in 2023 and is anticipated to grow at a significant CAGR during the forecast period.

Based on vehicle type, the global airless tires market is divided into passenger vehicles and commercial vehicles. Among these, the passenger vehicles segment accounted for the largest share of the global airless Tires market in 2023 and is anticipated to grow at a significant CAGR during the forecast period. This is due to the rising demand for low-maintenance, puncture-resistant tires that enhance safety and driving convenience. Consumers increasingly prefer durable alternatives, particularly for urban driving conditions and personal vehicle use.

The OEM segment accounted for a substantial share of the global airless tires market in 2023 and is anticipated to grow at a rapid pace during the projected period.

On the basis of the sales channel, the global airless tires market is divided into OEM, aftermarket. Among these, the OEM segment accounted for a substantial share of the global airless tires market in 2023 and is anticipated to grow rapidly during the projected period. This is primarily because leading vehicle manufacturers are increasingly integrating airless tires into new models to enhance durability, reduce maintenance, and improve overall safety, making OEM the preferred sales channel for these innovations.

North America is projected to hold the largest share of the global airless tires market over the projected period. 

North America is projected to hold the largest share of the global airless tires market over the projected period. This dominance is driven by a strong automotive sector, early adoption of innovative tire technologies, rising demand for puncture-resistant solutions, and significant investments in R&D, particularly across the United States and Canada.

Asia Pacific is expected to grow at the fastest CAGR of the global airless tires market during the projected period.  This is driven by rapid industrialization, urbanization, and infrastructure development. Countries like China, Japan, and India are witnessing increased demand for airless tires in automotive, construction, and agriculture sectors, fueled by a focus on sustainability and eco-friendly solutions.  

Company Profiling 

Major vendors in the global airless tires market are Michelin Group, Tannus Ltd, Bridgestone Corporation, Toyo Tire & Rubber Co. Ltd, Goodyear Tire and Rubber Company, Sumitomo Rubber Industries Ltd, Hankook Tire & Technology Group, Continental AG, Amerityre Corporation, Pirelli., and others.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Development 

• In January 2025, Hyundai Motor Company and Kia Corporation's international open innovation platforms, ZER01NE and Hyundai CRADLE, will showcase at CES 2025 from January 7 to 10. The combined exhibition demonstrates Hyundai Motor and Kia's focus on innovating future mobility solutions, such as airless tire technology. By ZER01NE and Hyundai CRADLE, Hyundai and Kia co-work with international startups to accelerate the innovation of airless tires, offering improved durability, sustainability, and vehicle efficiency.

Market Segment

This study forecasts revenue at global, regional, and country levels from 2023 to 2033. Spherical Insights has segmented the global airless tires market based on the below-mentioned segments:  

Global Airless Tires Market, By Vehicle Type

• Passenger Vehicles
• Commercial Vehicles

Global Airless Tires Market, By Sales Channel

• OEM
• Aftermarket

Global Airless Tires Market, By Regional

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • France
  • Italy
  • Spain
  • Russia
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Rest of Asia Pacific
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • UAE
  • Saudi Arabia
  • Qatar
  • South Africa
  • Rest of the Middle East & Africa