Fire Trucks Market By Type (Rescue, Mini Tanker, and Other), By Application (Residential and Commercial, Enterprises and Airports, Military, and Others), By Region - Trends, Analysis and Forecast till 2030

The fire trucks market accounted for USD 4.51 Billion in 2020 and is estimated to be USD 6.24 Billion by 2030 and is anticipated to register a CAGR of 3.3%.

Fire truck is a vehicle designed for firefighting operations. The purpose of fire truck is transporting firefighters to an incident scene, providing water to extinguish fire, and some other tools to extinguish fire. Some equipment that are used in fire trucks such as ladders, first aid kits, self-contained breathing apparatus, hydraulic rescue tools, and ventilating equipment. Some fire trucks are equipped with specialized functions, such as wildfire suppression and aircraft rescue and firefighting, and may also carry equipment for technical rescue.

Fire trucks are comprising of hand pumps equipped with reservoirs and were moved to the scene of a fire by human or animal powder. The falcon 8x8 is one of the largest firetrucks in the world, it is an eight-wheeled fiberglass behemoth that boasts around 900 hp. These trucks are also used for medical emergencies, rescue operations, water supply, as well as carry equipment such as hydraulic rescue tools, ladders, ventilating equipment, self-contained breathing apparatus, and first aid kits.

Rising standard safety across the globe is key factor driving growth of the fire trucks market. In addition, growing demand for fire trucks from commercial and residential sector, as well as from highway fired vehicle is propelling the target market. Furthermore, increasing government directives towards ensuring fire safety, coupled with rising awareness regarding fire safety are another factor expected to fuel the fire trucks market over the forecast period. Rising safety concern and advancements in the disaster management policies is projected to boost the growth of the target market. Increasing accidents and natural disasters worldwide is another factor which fuel the growth of the fire trucks market.

However, cost-efficiency regarding manufacturing of trucks hampers the fire trucks market. 

The fire trucks market is segmented based on type, application, and region

On the basis of type, the target market is categorized into rescue, mini tanker, and other. On the basis of application, the fire trucks market is segmented into residential and commercial, enterprises and airports, military, and others.

Regional Insights:

The fire trucks market accounted for US$ 4.51 billion in 2020 and is estimated to be US$ 6.24 billion by 2030 and is anticipated to register a CAGR of 3.3%. On region the fire trucks market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The North America fire trucks market is expected to account for major revenue share as compared to that of other regions. This is attributed to stringent regulations regarding to fire safety and large number of fire stations in countries of the region. The Asia Pacific fire trucks market is expected to emerge the fastest growing market in the fire trucks market. This can be attributed to presence of major low-cost manufacturers in China. Further, increasing demand for fire safety from residential and commercial application in countries of the region.

Report Scope:

Segments Covered in the Report:

This report forecasts revenue growth at global, regional, and country levels and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2020 to 2030. For the purpose of this study, has segmented the fire trucks market report based on type, application, and region.

Fire Trucks Market, By Region:

• North America
  • Middle East & Africa
    • GCC
    • Israel
    • South Africa
    • Rest of Middle East & Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia Pacific
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Italy
    • Rest of Europe
  • U.S.
  • Canada

The key players operating in the fire trucks market includes Danko Emergency Equipment Co., AB Volvo Penta, E One Inc., REV Group, Inc, Spartan Motors, Inc., Xuzhou Handler Special Vehicle Co. Ltd., Zoomlion Heavy Industry Science and Technology Co., Ltd, Bronto Skylift Oy Ab, and Morita Holdings Corp. Boise Mobil Equipment, Inc., Alexis Fire Equipment Co., W. S. Darley & Co., KME SE and Albert Ziegler GmbH.

• Danko Emergency Equipment Co.
• AB Volvo Penta
• E One Inc
• REV Group, Inc
• Spartan Motors, Inc.
• Xuzhou Handler Special Vehicle Co. Ltd.
• Zoomlion Heavy Industry Science and Technology Co., Ltd
• Bronto Skylift Oy Ab
• Morita Holdings Corp
• Boise Mobil Equipment, Inc.
• Alexis Fire Equipment Co.
• W. S. Darley & Co.
• KME SE
• Albert Ziegler GmbH