The global fire trucks market size reached US$ 4.6 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 6.3 Billion by 2028, exhibiting a growth rate (CAGR) of 5% during 2023-2028.
Fire trucks are large emergency vehicles that have a water tank and pump with a high-pressure hose attached. They are utilized by firefighters for putting out the fire, preventing it from spreading, and rescuing human beings, animals, natural resources, and properties. They also aid in dealing with natural disasters, riots, and incidents other than fire. At present, there is a significant rise in fire-related fatalities, which is catalyzing the demand for fire trucks across the globe.
Fire trucks are large emergency vehicles that have a water tank and pump with a high-pressure hose attached. They are utilized by firefighters for putting out the fire, preventing it from spreading, and rescuing human beings, animals, natural resources, and properties. They also aid in dealing with natural disasters, riots, and incidents other than fire. At present, there is a significant rise in fire-related fatalities, which is catalyzing the demand for fire trucks across the globe.
Fire Trucks Market Trends:
Wildfires are nowadays becoming more intense and frequent around the world on account of the increasing concentrations of atmospheric greenhouse gases (GHGs). This, in confluence with rising technological advancements in firefighting apparatus, represents one of the key factors bolstering the growth of the market. In addition, governing authorities of numerous countries are investing in modern firefighter trucks with multifunctional equipment as they are relatively more efficient. They are also enforcing stringent fire safety regulations in the residential, industrial, and commercial sectors, which is strengthening the market growth. Apart from this, fire departments are focusing on regularly upgrading their fire truck fleet with the latest model. This, coupled with the increasing construction activities worldwide, is fueling the growth of the market. Besides this, airports rely on specialized aircraft rescue and firefighting (ARFF) trucks designed to handle emergencies involving airplanes. Aircraft fires can spread quickly and burn more intensely on account of the type of fuel carried on board. This, in turn, is positively influencing the market. Furthermore, the increasing utilization of fire trucks for medical emergencies and rescue missions is anticipated to impel the growth of the market in the upcoming years.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global fire trucks market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type and application.Breakup by Type:
- Mini Tank
- Rescue Trucks
- Ini Pumpers
- Multi-tasking Trucks
Breakup by Application:
- Residential and Commercial
- Enterprises and Airports
- Military
Breakup by Region:
North America
- United States
- Canada
Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
Latin America
- Brazil
- Mexico
- Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Albert Ziegler GmbH, Alexis Fire Equipment Company, BME Fire Trucks LLC, GIMAEX, HME Incorporated, Magirus GmbH (CNH Industrial N.V.), Morita Holdings Corporation, Oshkosh Corporation, Rosenbauer International AG, The Shyft Group Inc., W. S. Darley & Co. and Weihai Guangtai Airport Equipment Co. Ltd.Key Questions Answered in This Report:
- What was the size of the global fire trucks market in 2022?
- What is the expected growth rate of the global fire trucks market during 2023-2028?
- What are the key factors driving the global fire trucks market?
- What has been the impact of COVID-19 on the global fire trucks market?
- What is the breakup of the global fire trucks market based on the type?
- What is the breakup of the global fire trucks market based on the application?
- What are the key regions in the global fire trucks market?
- Who are the key players/companies in the global fire trucks market?
Table of Contents
1 Preface3 Executive Summary10 Value Chain Analysis12 Price Analysis
2 Scope and Methodology
4 Introduction
5 Global Fire Trucks Market
6 Market Breakup by Type
7 Market Breakup by Application
8 Market Breakup by Region
9 SWOT Analysis
11 Porters Five Forces Analysis
13 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- Albert Ziegler GmbH
- Alexis Fire Equipment Company
- BME Fire Trucks LLC
- GIMAEX
- HME Incorporated
- Magirus GmbH (CNH Industrial N.V.)
- Morita Holdings Corporation
- Oshkosh Corporation
- Rosenbauer International AG
- The Shyft Group Inc.
- W. S. Darley & Co. and Weihai Guangtai Airport Equipment Co. Ltd.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 142 |
| Published | May 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 4.6 Billion |
| Forecasted Market Value ( USD | $ 6.3 Billion |
| Compound Annual Growth Rate | 5.4% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
