The Fire Fighting Vehicle market was valued at USD 4 billion in 2022, and it is expected to reach USD 7 billion by 2027, registering a CAGR of about 7.1 % during the forecast period (2022 - 2027).
Fire Fighting Vehicle Market Overview
Fire Fighting Vehicle equipped with a variety of fire equipment, firefighting apparatus, is a vehicle designed primarily for firefighting operations, also is the most basic mobile firefighting equipment. In addition, many fire divisions often employ their vehicles for various other uses including emergency medical services and rescue purposes. For industry structure analysis, the Fire Fighting Vehicle industry is relatively concerted. These constructors range from large multinational corporations to small privately-owned companies competing in this industry. The market dynamics segment includes an analysis of the growth rate, trends, and key developments that are playing a considerable role in the market. This analytical report provides a clear picture of Industry dynamics, as well as covers different market growth drivers. It also tracks current market developments to help entrepreneurs & corporate leaders to make more profit. The Market report gives a precise scenario of the market to Business owners about access to long-term opportunities in the market, key industry drivers, restraints, challenges, projections, current and future market opportunities, and various market aspects.
Industry News and Update
In July 2020, Volvo Penta, a division of AB Volvo, developed an electric driveline for a leading fire service vehicle manufacturer, Rosenbauer’s pioneering fire truck, enabling an innovative new solution with zero exhaust emissions and significantly reduced noise levels.
In March 2020, REV Group Inc. acquired Spartan ER for approximately USD 55 million to improve its specialty vehicle services for the emergency response market.
REV Group launched new AXIS Smart Truck Technology, a secure revolutionary system engineered specifically for the fire service. This intelligent truck platform is for all E-ONE, Ferrara, and KME branded vehicles.
What are the major Applications, Types, and Regions for Fire Fighting Vehicle Market?
The market is segmented based on the type, applications, companies, and regions.
By Type, it is segmented into
- Conventional Fire Fighting Vehicle
- Elevating Fire Fighting Vehicle
- Special Fire Fighting Vehicle
- Rescue Trucks
- Tanker
- Pumper
- Multi-Tasking Trucks
- Others
By Application, it is segmented into
- Municipal
- Industrial
- ARFF
- Residential and Commercial
- Enterprises and Airports
- Military
- Other
Fire Fighting Vehicle Market Regional Analysis
The Fire Fighting Vehicle market is expected to be dominated by Asia-Pacific, followed by North America and Europe, during the forecast period. The presence of key low-cost manufacturers of China, coupled with the rising demand from residential and commercial applications in emerging economies, such as China, South Korea, and India, is expected to drive the market growth during the forecast period.China is one of the largest markets in terms of production and consumption. The high production capacity and supply are driven by the considerably low costs of production.
- North America
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Rest of the World
- Middle East & Africa
- Latin America
What is our Fire Fighting Vehicle Market report scope?
Report Attributes
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Report Details
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Forecast Period 2022 to 2027 CAGR
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CAGR of 7.1% during the review period (2022 to 2027).
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By Type
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- Conventional Fire Fighting Vehicle
- Elevating Fire Fighting Vehicle
- Special Fire Fighting Vehicle
- Rescue Trucks
- Tanker
- Pumper
- Multi-Tasking Trucks
- Others
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By Application
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- Municipal
- Industrial
- ARFF
- Residential and Commercial
- Enterprises and Airports
- Military
- Others
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By Companies
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Rosenbauer, Oshkosh, MORITA, Volvo Penta, Magirus, REV Group, Ziegler, Gimaex, Bronto Skylift, Zhongzhuo, CFE, Tianhe, YQ AULD LANG REAL, Jieda Fire-protection and Others.
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Regions Covered
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- North America
- Europe
- Asia-Pacific
- Rest of the World
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Countries Covered
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- US
- Canada
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
- China
- Japan
- India
- Australia
- South Korea
- Rest of Asia-Pacific
- Middle East & Africa
- Latin America
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Base Year
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2022
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Historical Year
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2017 to 2021
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Forecast Year
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2022 to 2027
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Number of Pages
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161
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Customization Available
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Yes, the report can be customized as per your needs
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Key Takeaways from this Fire Fighting Vehicle Market Report
- Evaluate Fire Fighting Vehicle Market potential through analyzing growth rates (CAGR %), Volume (Units), and Value ($M) data given at country level - for product types, end-use applications, and by different industries verticals.
- Understand the different dynamics influencing the market - growth driving factors, specific challenges, and hidden opportunities.
- Get in-depth insights on your competitor's performance – revenue, shares, business strategies, financial benchmarking, product benchmarking, SWOT analysis, and more.
- Analyze the sales and distribution channels across geographies to enhance top-line revenues.
- Understand the demanding supply chain with a deep dive on the value augmentation at each, in order to optimize value and bring efficiencies in your processes.
- Get a quick outlook on the Fire Fighting Vehicle Market entropy - M&As, deals, partnerships, product launches of all key players for the past 5 years.
- Evaluate the import-export statistics, supply-demand, and competitive landscape for more than the top 20 countries globally for the market.
FAQ -
What is the study period of this market?
The Fire Fighting Vehicle Market is studied from 2017 - 2027.
What is the growth rate of Fire Fighting Vehicle Market?
The Fire Fighting Vehicle Market is growing at a CAGR of 7.1% over the next 5 years.
What regions does this Fire Fighting Vehicle Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
All our reports are custom made to your company's needs to a certain extent, we do provide 5 free consulting hours along with the purchase of each report, and this will allow you to request any additional data to customize the report as your needs.
SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.