Fire Truck Market Revenue will Exceed $6.5 billion valuation by 2026

Fire truck market is slated to surpass a $6.5 billion valuation by 2026. The increasing loss of property and life caused by fire accidents is calling for effective fire response measures to be installed across such venues, which is consequently boosting the industry share.

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With respect to product, the tanker-based fire truck segment is slated to witness steady demand in the overall market landscape. The anticipated segmental growth can be ascribed to the ability of tanker trucks to hold large volumes of water to help put out fires. In addition, high usage of fire tanker trucks for transporting in high amounts of water, specifically to locations where there is shortage of fire hydrants and external water sources, is also contributing towards industry share expansion.

On the geographical front, fire truck market in Asia-Pacific is expected to witness substantial growth owing to the rising deployment of fire trucks across commercial spaces and airports. Airport authorities in countries such as China, Japan, and India are heavily investing in novel fire trucks for decreasing the response time in case of any emergency such as fire accidents. For example, back in April 2018, the Airport Authority of India invested in a novel 6x6 fire truck named Rosenbauer Panther for enhancing fire safety measures at the Bangalore airport.

Speaking of market players, recently, the fire truck market has been witnessing increasing instances of partnerships and collaborations wherein companies are teaming up with other firms to offer enhanced services. Under such collaborations companies are also focusing on launching new fire truck models that incorporate additional features. This emerging trend is expected to be a notable factor that would influence product adoption decisions in the market, thereby shaping the overall industry outlook.

Rev Group, Inc., W. S. Darley & Co, Morita Holdings Corporation, BAI Brescia Antincendi International SRL, Pierce Manufacturing, Inc. (Oshkosh), Rosenbauer International AG, Spartan, Inc., and Gimaex GmbH among many others are some of the key players operating in the fire truck market.

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Partial Chapter of the Table of Content

Chapter 5. Fire Truck Market, By Product (Revenue & Shipment)

5.1.    Key trends by product

5.2.    Aerial truck

5.2.1. Market estimates and forecast, 2016 – 2026

5.3.    Pumper

5.3.1. Market estimates and forecast, 2016 – 2026

5.4.    Tanker

5.4.1. Market estimates and forecast, 2016 – 2026

5.5.    Others

5.5.1. Market estimates and forecast, 2016 – 2026

Chapter 6. Fire Truck Market, By Application (Revenue & Shipment)

6.1.    Key trends by application

6.2.    Residential & commercial

6.2.1. Market estimates and forecast, 2016 - 2026

6.3.    Airport

6.3.1. Market estimates and forecast, 2016 – 2026

6.4.    Military

6.4.1. Market estimates and forecast, 2016 - 2026

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