Fire Truck Market Report, By Type (Rescue, Mini Tanker, Mini Pumpers and Multi- Tasking Trucks) By Application (Conventional, Wild Land, Airport, Residential and Commercial, Others) and Geography (North America, Europe, Asia Pacific, Latin America and Middle East and Africa) Analysis, Share, Trends, Size, & Forecast from 2019 2025
REPORT HIGHLIGHT
Fire Truck Market was valued at USD 5.67 billion by 2018, growing with 7.1% CAGR during the forecast period, 2019-2025.
Market Dynamics
Fire truck is a vehicle which carries firefighters and equipment for controlling large fires. The growing demand for fire safety in developed countries and the need for advanced fire extinguishing equipment are expected to drive further market growth. In addition, increased demand for increased safety standards is expected to be beneficial worldwide. The main job of a firefighter is to carry fire truck to the scene and extinguish them in some water or chemical composition. In addition, the government sector employs them in emergency medical services and rescue operations. Product innovation and technological development in the field of firefighting and related equipment like fire trucks have reduced fire accident mortality.
In addition, as technological advances continue in this field, the trend of innovation needs to be sustained to upgrade equipment and devices. As a result, guidelines and regulations implemented by non-profit organizations such as the United States Fire Protection Organization (NFPA) and the National Fire Brigade Association of India are constantly being updated. Infrastructure development in an emerging country has prompted regulators to introduce stringent laws and regulations to minimize damage and loss of infrastructure expected to drive industry growth. However, high initial costs and capital requirements for truck production are expected to hinder the market growth during the forecast period.
Types Takeaway
By types, the market is divided into rescue, mini-tanker, and other pumps. The industry consists of raw material suppliers, manufacturers, distribution channels and end-user applications. The value chain is divided up and down. The initial value chain is the incorporation of raw materials for fire truck production. These raw materials include chassis, trucks, ladders, components and other equipment.
The first value chain refers to the integration of raw materials from manufacturers and suppliers into fire truck production facilities, and the latter value chain refers to the distribution of end products to different industries for end-use. On the industrial side, raw materials are made up for truck production and exported to different countries.
Application Takeaway
Residential and commercial applications will have the largest share of the worldwide market and will grow at a CAGR of 7% during the study period. Product market growth is expected to grow as the global population grows, resulting in increased demand for residential and commercial construction. The growing population and increasing construction activity around the world have prompted the government to implement strict fire safety regulations in various sectors, including residential and commercial real estate, airports and industries. Due to the above factors, Demand of fire truck in residential and commercial applications has increased significantly.
Increased demand for Aircraft Rescue Firefighters (ARFF) for airport safety and rescue operations is expected to increase market demand for businesses and airports. In the applications sector, market share is expected to grow due to an increase in the number of airports and air traffic. Growing demand for advanced fire trucks in developed countries such as the United Kingdom, France, and the United States is expected to further accelerate the growth of the North American and European fire truck markets. In addition, an increase in construction activity as a result of price declines is expected to promote Chinese market growth during the forecast period.
Regional insight
The global fire truck industry is dominated by the Asia-Pacific region and is expected to remain dominant throughout the forecast period. The presence of significantly lower cost manufacturers in China, coupled with an increase in demand for residential and commercial applications in developing economies such as China, South Korea, and India, is driving the market growth mainly. China is one of the largest markets for both production and consumption. High production capacity and supply at low production costs. In addition, this country is the industrial center of many manufacturers around the world. Due to the above factors, firefighters are expected to step up in a commercial, corporate and airport applications.
The North American market contributed significant market share. North American production has grown significantly as a result of an increase in demand, mainly from residential and commercial applications. In addition, increased demand for advanced safety infrastructure in residential and commercial facilities is expected to increase market demand.
Key Vendor Takeaway
The worldwide industry is very competitive because of the large number of manufacturers and suppliers. Leading companies such as Weihai Guangtai, Oshkosh Corporation, Magirus GmbH, and Rosenbauer International AG, have strengthened their global position through innovation in many strategic products and alliances, followed by industry startups.
Other industry participants include Spartan Motors, Danko Emergency Equipment, Xuzhou Handler Special Vehicle Co. Ltd., E One Inc., Bronto Skylift Oy, ZoomLion, Albert Ziegler, Morita Group, KME, Gimaex International and GmbH. The advantage of existing shareholders in the industry, including Rosenbauer International AG and Weihai Guangtai, is expected to restrict new entrants into the market.
The market size and forecast for each segment and sub-segments has been considered as below:
- Historical Year – 2014 & 2016
- Base Year – 2017
- Estimated Year – 2018
- Projected Year – 2025
TARGET AUDIENCE
- Traders, Distributors, and Suppliers
- Manufacturers
- Government and Regional Agencies
- Research Organizations
- Consultants
- Distributors
SCOPE OF THE REPORT
The scope of this report covers the market by its major segments, which include as follows:
MARKET, BY TYPE
- Rescue
- Mini Tanker
- Other Pumpers
- Mini Pumpers
- Multi- Tasking Trucks
MARKET, BY APPLICATION
- Conventional
- Wild land
- Airport
- Residential & Commercial
- Others
MARKET, BY REGION
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- Italy
- Spain
- United Kingdom
- Rest of Europe
- Asia Pacific
- India
- China
- South Korea
- Japan
- Singapore
- Rest of APAC
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of LATAM
- Middle East and Africa
- Saudi Arabia
- United Arab Emirates
- Rest of MEA
TABLE OF CONTENT
1. FIRE TRUCK MARKET OVERVIEW
1.1. Study Scope
1.2. Assumption and Methodology
2. EXECUTIVE SUMMARY
2.1. Market Snippet
2.1.1. Market Snippet by Type
2.1.2. Market Snippet by Application
2.1.3. Market Snippet by Region
2.2. Competitive Insights
3. FIRE TRUCK KEY MARKET TRENDS
3.1. Market Drivers
3.1.1. Impact Analysis of Market Drivers
3.2. Market Restraints
3.2.1. Impact Analysis of Market Restraints
3.3. Market Opportunities
3.4. Market Future Trends
4. FIRE TRUCK INDUSTRY STUDY
4.1. Porter’s Five Forces Analysis
4.2. Marketing Strategy Analysis
4.3. Growth Prospect Mapping
4.4. Regulatory Framework Analysis
5. FIRE TRUCK MARKET LANDSCAPE
5.1. Market Share Analysis
5.2. Key Innovators
5.3. Breakdown Data, by Key manufacturer
5.3.1. Established Player Analysis
5.3.2. Emerging Player Analysis
6. FIRE TRUCK MARKET – BY TYPE
6.1. Overview
6.1.1. Segment Share Analysis, By Type, 2018 & 2025 (%)
6.2. Rescue
6.2.1. Overview
6.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.3. Mini Tanker
6.3.1. Overview
6.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4. Other Pumpers
6.4.1. Overview
6.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4.3. Mini Pumpers
6.4.3.1. Overview
6.4.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
6.4.4. Multi- Tasking Trucks
6.4.4.1. Overview
6.4.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7. FIRE TRUCK MARKET – BY APPLICATION
7.1. Overview
7.1.1. Segment Share Analysis, By Application, 2018 & 2025 (%)
7.2. Conventional
7.2.1. Overview
7.2.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.3. Wild land
7.3.1. Overview
7.3.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.4. Airport
7.4.1. Overview
7.4.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.5. Residential & Commercial
7.5.1. Overview
7.5.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
7.6. Others
7.6.1. Overview
7.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8. FIRE TRUCK MARKET– BY GEOGRAPHY
8.1. Introduction
8.1.1. Segment Share Analysis, By Region, 2018 & 2025 (%)
8.2. North America
8.2.1. Overview
8.2.2. Key Manufacturers in North America
8.2.3. North America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.2.4. North America Market Size and Forecast, By Type, 2014 – 2025 (US$ Million)
8.2.5. North America Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.2.6. U.S.
8.2.6.1. Overview
8.2.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.2.7. Canada
8.2.7.1. Overview
8.2.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3. Europe
8.3.1. Overview
8.3.2. Key Manufacturers in Europe
8.3.3. Europe Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.3.4. Europe Market Size and Forecast, By Type, 2014 – 2025 (US$ Million)
8.3.5. Europe Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.3.6. Germany
8.3.6.1. Overview
8.3.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.7. Italy
8.3.7.1. Overview
8.3.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.8. United Kingdom
8.3.8.1. Overview
8.3.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.9. France
8.3.9.1. Overview
8.3.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.3.10. Rest of Europe
8.3.10.1. Overview
8.3.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4. Asia Pacific (APAC)
8.4.1. Overview
8.4.2. Key Manufacturers in Asia Pacific
8.4.3. Asia Pacific Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.4.4. Asia Pacific Market Size and Forecast, By Type, 2014 – 2025 (US$ Million)
8.4.5. Asia Pacific Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.4.6. India
8.4.6.1. Overview
8.4.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.7. China
8.4.7.1. Overview
8.4.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.8. Japan
8.4.8.1. Overview
8.4.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.9. South Korea
8.4.9.1. Overview
8.4.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.4.10. Rest of APAC
8.4.10.1. Overview
8.4.10.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5. Latin America
8.5.1. Overview
8.5.2. Key Manufacturers in Latin America
8.5.3. Latin America Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.5.4. Latin America Market Size and Forecast, By Type, 2014 – 2025 (US$ Million)
8.5.5. Latin America Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.5.6. Brazil
8.5.6.1. Overview
8.5.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.7. Mexico
8.5.7.1. Overview
8.5.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.8. Argentina
8.5.8.1. Overview
8.5.8.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.5.9. Rest of LATAM
8.5.9.1. Overview
8.5.9.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.6. Middle East and Africa
8.6.1. Overview
8.6.2. Key Manufacturers in Middle East and Africa
8.6.3. Middle East and Africa Market Size and Forecast, By Country, 2014 – 2025 (US$ Million)
8.6.4. Middle East and Africa Market Size and Forecast, By Type, 2014 – 2025 (US$ Million)
8.6.5. Middle East and Africa Market Size and Forecast, By Application, 2014 – 2025 (US$ Million)
8.6.6. Saudi Arabia
8.6.6.1. Overview
8.6.6.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
8.6.7. United Arab Emirates
8.6.7.1. Overview
8.6.7.2. Market Analysis, Forecast, and Y-O-Y Growth Rate, 2014 – 2025, (US$ Million)
9. KEY VENDOR ANALYSIS
9.1. Weihai Guangtai
9.1.1. Company Snapshot
9.1.2. Financial Performance
9.1.3. Type Benchmarking
9.1.4. Strategic Initiatives
9.2. Oshkosh Corporation
9.3. Magirus GmbH
9.4. Rosenbauer International AG
9.5. Spartan Motors
9.6. Danko Emergency Equipment
9.7. Xuzhou Handler Special Vehicle Co. Ltd.
9.8. E One Inc.
9.9. Bronto Skylift Oy
9.10. ZoomLion, Albert Ziegler
9.11. Morita Group
9.12. KME
9.13. Gimaex International and GmbH
10. 360 DEGREE ANALYSTVIEW
11. APPENDIX
11.1. Research Methodology
11.2. References
11.3. Abbreviations
11.4. Disclaimer
11.5. Contact Us
List of Tables
TABLE List of data sources
TABLE Market drivers; Impact Analysis
TABLE Market restraints; Impact Analysis
TABLE Fire Truck market: Type snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Type
TABLE Global Fire Truck market, by Type 2014-2025 (USD Million)
TABLE Fire Truck market: Application Snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Application
TABLE Global Fire Truck market, by Application 2014-2025 (USD Million)
fTABLE Fire Truck market: Regional snapshot (2018)
TABLE Segment Dashboard; Definition and Scope, by Region
TABLE Global Fire Truck market, by Region 2014-2025 (USD Million)
TABLE North America Fire Truck market, by Country, 2014-2025 (USD Million)
TABLE North America Fire Truck market, by Type, 2014-2025 (USD Million)
TABLE North America Fire Truck market, by Application, 2014-2025 (USD Million)
TABLE Europe Fire Truck market, by country, 2014-2025 (USD Million)
TABLE Europe Fire Truck market, by Type, 2014-2025 (USD Million)
TABLE Europe Fire Truck market, by Application, 2014-2025 (USD Million)
TABLE Asia Pacific Fire Truck market, by country, 2014-2025 (USD Million)
TABLE Asia Pacific Fire Truck market, by Type, 2014-2025 (USD Million)
TABLE Asia Pacific Fire Truck market, by Application, 2014-2025 (USD Million)
TABLE Latin America Fire Truck market, by country, 2014-2025 (USD Million)
TABLE Latin America Fire Truck market, by Type, 2014-2025 (USD Million)
TABLE Latin America Fire Truck market, by Application, 2014-2025 (USD Million)
TABLE Middle East and Africa Fire Truck market, by country, 2014-2025 (USD Million)
TABLE Middle East and Africa Fire Truck market, by Type, 2014-2025 (USD Million)
TABLE Middle East and Africa Fire Truck market, by Application, 2014-2025 (USD Million)
List of Figures
FIGURE Fire Truck market segmentation
FIGURE Market research methodology
FIGURE Value chain analysis
FIGURE Porter’s Five Forces Analysis
FIGURE Market Attractiveness Analysis
FIGURE Competitive Landscape; Key company market share analysis, 2018
FIGURE Type segment market share analysis, 2018 & 2025
FIGURE Type segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rescue market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Mini Tanker market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Other Pumpers market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Mini Pumpers market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Multi- Tasking Trucks market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Application segment market share analysis, 2018 & 2025
FIGURE Application segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Conventional Application market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Wild land Application market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Airport Application market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Residential & Commercial Application market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Others Application market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Regional segment market share analysis, 2018 & 2025
FIGURE Regional segment market size forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE North America Fire Truck market share and leading players, 2018
FIGURE Europe Fire Truck market share and leading players, 2018
FIGURE Asia Pacific Fire Truck market share and leading players, 2018
FIGURE Latin America Fire Truck market share and leading players, 2018
FIGURE Middle East and Africa Fire Truck market share and leading players, 2018
FIGURE North America market share analysis by country, 2018
FIGURE U.S. market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Canada market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Europe market share analysis by country, 2018
FIGURE Germany market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Spain market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Italy market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE UK market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE France market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of the Europe market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Asia Pacific market share analysis by country, 2018
FIGURE India market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE China market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Japan market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE South Korea market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Singapore market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of APAC market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Latin America market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Latin America market share analysis by country, 2018
FIGURE Brazil market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Mexico market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Argentina market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Rest of LATAM market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE Middle East and Africa market share analysis by country, 2018
FIGURE Saudi Arabia market size, forecast and trend analysis, 2014 to 2025 (USD Million)
FIGURE United Arab Emirates market size, forecast and trend analysis, 2014 to 2025 (USD Million)