Fire Truck Companies | Forecast by 2033


03 Sep 2024

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The global fire truck market was exhibited USD 7.93 billion in 2023 and is anticipated to touch around USD 10.39 billion by 2033, growing at a CAGR of 2.74% during the forecast period. The fire truck market is observed to sustain at a notable rate due to enhanced infrastructure, rapid urbanization and increased cases of fires in the industrial areas.

Fire Truck Market Statistics

Market Overview

Fire tender, fire appliances, fire lorry or fire tender are vehicles which are purpose built or adapted for the use in fire-fighting. These incorporate fire fighter and fire fighting apparatus including water, hose, fire retardant foam, extinguishers, breathing apparatus, ladders and hydraulic rescue tools popularly known as the jaws of life. Fire trucks also include features such as sirens, lights and communication apparatus to help in fighting fires. Fire trucks can be of varied types depending on the environment in which they are to operate and the type of equipment they carry; for example wildland fire engines as used in combating wildfires and airport crash tender which are used in fighting aerodrome fires.

Appropriate investment in infrastructure and urbanization in the emerging economies is also boosting the need for fire trucks to respond to cases of urban fires. Presently, some developed economies employ several fire trucks meeting their current developed urban environments’ requirements; these fire trucks sooner or later require overhauls or replacement becoming a steady market for fire trucks in such nations.

However, a major drawback arising due to high level of investments required therein is that it involves purchasing of specialized vehicles which is quite expensive for many manufacturers to afford. In today’s environments, there has been a growing trend towards sustainability as wel as technological enhancement of automobiles that is a potential for growth in the sector.

Growth Factors

  • Inability to control fire incidences, large populations in urban centers and overcrowding in the urban areas are also enhancing occurrence of fire disasters in the increasing urban population.
  • Increasing the amount of money that the government spends in procuring firefighting equipment and implementing and enforcing safety regulations that are necessary in the prevention of fires.
  • Development in the fire truck market and need of new modern equipment.

Excess Demand In Physical structures In The Urban Centers Of Emerging Economies Drive The Market

Growth in population and economic development in areas like Asia Pacific have forced society to expand its urban coverage and engage in various planned and unplanned infrastructural projects. Due to inadequate control of construction in tall building constructions, the risk factors and impact of natural and artificial calamities in high rise, densely populated structures soar. Density of people and increased level of urbanization contribute to the formation of slums and other congested sheltered areas that are linked to increased rates of fire accidents.

A research paper published in landscape and urban planning reveals that fire frequency has a direct relationship to the extent of urban land. Far from being raged in regions devoid of vegetation, fire activity is most intense in moderately developed regions with very little extent of non-vegetated lands. As such, high density of population boosts fire hotspots with enhanced frequency rates of fire occurrence.

Percentage distribution of population between urban and rural areas internationally In the urban zones, the most aggravated and sustained fir hot spots are in the central zones with constrained urban sprawl but high demographic thickness. There is information that suburban districts with high population density and rates of urbanization in recent years are likely to form new burn areas. These rising frequencies of fires especially in urban areas calls for more firefighters and fire stations and is thus creating demand for fire trucks.

Fire Truck Market Top Companies

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

Recent Innovations

Company Name Vinh Phat Motors
Headquarters Vietnam
Recent Developments In July 2024, Vinh Phat Motors announced the launch of the SANDEUR S-100 fire pickup truck. The truck is equipped with basic firefighting equipment, including a water pimp, water tank, foam tank and equipment for rescue. The truck costs VND 1-1.2 billion (USD 39,331-47,198)

 

Company Name Christchurch Airport
Headquarters Harewood, New Zealand
Recent Development In may 2023, Christchurch Airport bought its first Rosenbauer Electric Fire Truck for operation at Christchurch International Airport. Rosenbauer will manufacture the Rosenbauer RT ARFF (Airport Rescue and Fire Fighting) Fire Truck over the next 20 months and likely deliver it to the airport for use in 2025.

Regional Insights

Looking at the global fire truck market in 2023, Europe led the market and accounted for the highest demands. Confactual existence of restrictive regulations in the region in addition to ample capital investment in fire safety structures has also increased the demand for fire trucks. There are also some big names contributing towards the growth of this market like Rosenbauer International AG, Magirus GmbH and Simon Carmichael International Group Ltd. are based in Europe.

A cross-sectional study was conducted in may 2023 and published in fire Technology wherein it stated that by 2014, there are 103,542 operational fire trucks in the European Union and 41,216 of it were in Germany alone. Global and regional fire truck market share in 2023 organization wise the overall fire truck market and its regional presence in 2023 organization percentage.

The fire truck market is expected to grow at the highest compound annual rate in Asia Pacific during the forecast period. As the government is increasing its investment in fire safety and precautionary measures, there is the increasing need in fire fighting infrastructure. Data from world health organization shows that more than 95% of total fire related burn occur in LMICs. HIV/Aids mainly affect children below five years of age and elderly people of seventy years and above. Hazard associated with burn injuries are equally prevalent in urban areas and more so in the slum areas.

Market Potential and Opportunity

Integration of artificial inteliigence

AI is emerging in many fields associated with firefighting, such as the prevention and fighting of wildfires. There are many existing AI technologies that are already in use for firefighting like the remote controlled aerial firefighting robot and advanced thermal as well as visual imaging systems powered by AI.

AUDREY which stands for Assistant for Understanding Data through Reasoning, Extraction and synthesis is a software application based on artificial intelligence that can be used to teach from video and sensor information and furnish fire-fighters with information concerning their operational environment. Finally, a series of test burns were carried out to allow AUDREY to receive the data on flashover, fire growth and flows, and the measures that are taken by firefighters in each case. The researchers involved in the project believe that soon AUDREY will be seen on fire trucks and alongside the internet of things equipment for first responders.

Fire Truc Market Highlights

Report Attribute Key Statistics
Market Revenue in 2024 USD 8.15 Billion
Market Revenue by 2033 USD 10.39 Billion
CAGR 2.74%
Quantitative Units Revenue in USD million/billion, Volume in units
Largest Market Europe
Base Year 2023
Regions Covered North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa

Market News

  • Indeed, it was a 2022 world bank report that showed countries such as India would have to spend USDn840 billion in the next 15 years oon urban safety infrastructure to meet the rising urban population.

Market segmentation

By Type

  • Engine Pumper Truck
  • Aerial Truck
  • Airport Rescue Firefighting Truck
  • HAZMAT Truck
  • Wildfire Truck

By Engine Type

  • Electric
  • ICE

By Capacity

  • <500 Gallons
  • 501-1000 Gallons
  • 1001-2000 Gallons
  • >2000 Gallons

By Application

  • Residential and Commercial
  • Industrial
  • Forest
  • Military
  • Airport

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