Global Fire Truck Market is valued at approximately USD XX billion in 2021 and is anticipated to grow with a healthy growth rate of more than XX% over the forecast period 2022-2028. Fire trucks are vehicles designed for firefighting operations with a number of equipment and apparatus. They are also used for supplying water, medical emergencies, carrying equipment such as rescue tools, ladders and others. Rising fire incidents worldwide and high-end infrastructural development in developing countries are majorly contributing to the growth. According to the U.S. Fire Administration, residential building fires in the United States surged from 371,500 in 2017 to 379,600 in 2018. Also, in May 2022, London (United Kingdom) reported large high-rise fires from its Grenfell Tower, which is considered a large high-rise building. Furthermore, introduction of new products worldwide and government investment in disaster management equipment are expected to fuel growth in the coming years. In July 2021, Rosenbauer launched the world’s first electric fire truck, with a new vehicle architecture in partnership with Volvo Penta. However, high initial cost of manufacturing coupled with high maintenance costs may restrain growth in coming years.
The key regions considered for the Global Fire Truck Market study include Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is leading the global market with the highest revenue owing to growing government investment in technologically advanced fire trucks. Asia Pacific is expected to grow significantly in near future due to rising industrialization and presence of key low-cost manufacturers in China.
Major Market players included in this report are:
Rosenbauer International AG
Danko Emergency Equipment Co.
Alexis Fire Equipment Co.
Boise Mobile Equipment
Morita Holdings Corporation
The objective of the study is to define Market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the Market. Additionally, the report shall also incorporate available opportunities in micro Markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the Market are explained below:
Residential and Commercial
Enterprises and Airports
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028
Target Audience of the Global Fire Truck Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Value-Added Resellers (VARs)
Third-party knowledge providers