In 2022, the global fire truck market was valued at approximately USD 4,631.1 million, with expectations for steady growth at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. This growth is primarily driven by the increasing demand for advanced firefighting technology and heightened fire safety awareness in developed regions. The ongoing need for sophisticated firefighting equipment and an uptick in fire safety measures in more developed countries are set to play a significant role in expanding the market. Additionally, global advancements in safety standards are anticipated to further fuel demand for state-of-the-art fire trucks over the coming years.

The COVID-19 pandemic had a considerable negative impact on the fire truck market, disrupting global supply chains due to delays in manufacturing and international trade restrictions. As a result, manufacturers of firefighting vehicles faced significant challenges. However, the market has since begun to recover, with an anticipated increase in demand for fire trucks over the forecast period. Additionally, the development of electric fire trucks and the rising trend of local production and assembly of firefighting equipment are expected to have a positive influence on market growth, further enhancing the outlook for the industry.

Gather more insights about the market drivers, restrains and growth of the Fire Truck Market

Regional Insights

Asia Pacific Fire Truck Market Trends

The Asia Pacific region leads the global fire truck market, accounting for 29.1% of the total revenue share in 2022. This dominance is expected to persist throughout the forecast period. The region’s growth is primarily fueled by the presence of cost-effective manufacturers in countries like China, combined with the growing demand for fire trucks in both residential and commercial sectors across emerging economies such as China, South Korea, and India. These factors are driving a significant expansion in the fire truck market within the Asia Pacific.

China stands out as one of the largest markets for fire trucks, both in terms of production and consumption. The country's robust production capabilities are supported by lower manufacturing costs, making it an attractive hub for fire truck manufacturing. Additionally, China serves as a key industrial center for numerous global manufacturers. The demand for fire trucks is expected to rise further in sectors such as commercial real estate, industrial enterprises, and airports, driven by the aforementioned factors, increasing the utilization of firefighting vehicles in these applications.

North America Fire Truck Market Trends

In North America, the fire truck market accounted for approximately 25.1% of the global revenue share in 2022. The region saw a notable increase in production value, primarily fueled by heightened demand from the residential and commercial sectors. The growing emphasis on improving safety infrastructure in residential buildings, commercial complexes, and industrial enterprises is expected to further boost the market for fire trucks. As a result, the demand for advanced firefighting vehicles in North America is expected to continue growing over the forecast period.

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Key Companies & Market Share Insights

The global market is very competitive due to the presence of many established manufacturers and suppliers. Major players such as Rosenbauer International AG, Oshkosh Corporation, Magirus GmbH, and Weihai Guangtai have adopted product innovations and numerous strategic alliances for strengthening their global positions, which are being followed by emerging industry players.

Along with expanding their company's size and reach, market players also concentrate on research and development activities to manufacture products with the latest technologies to compete in the market. For instance, in May 2022, Rosenbauer introduced the latest firefighter excavators for utilization in forest fires. The firefighter excavator is equipped with a variety of equipment to combat forest fires. It was developed in collaboration with CSM Industry.

Similarly, in June 2021, Oshkosh Corporation, including Oshkosh Airport Products, Frontline Communications, and Pierce Manufacturing, launched the revolutionary Volterra platform of electric vehicles in the fire and emergency segments. Airports all around the globe have prioritized green measures, compelling fire departments to look for environment-friendly fire apparatus that reduce fuel use, cut emissions, and emit less noise. Oshkosh has made Volterra keeping in mind these requirements. Some of the prominent players in the global fire truck market include:

  • Rosenbauer International AG
  • Oshkosh Corporation
  • Magirus GmbH
  • Weihai Guangtai
  • Danko Emergency Equipment Co.
  • E-One Inc.
  • Spartan Motors
  • Xuzhou Handler Special Vehicle Co. Ltd.
  • Zoomlion
  • Bronto Skylift Oy Ab

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