Press release
Fire Trucks Market to 2027 Global Analysis By Top Companies | Albert Ziegler GmbH, Alexis Fire Equipment Company, BME Fire Trucks LLC
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How big is fire trucks market?
The global fire trucks market reached a value of US$ 4.33 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 5.97 Billion by 2027, exhibiting a growth rate (CAGR) of 5.20% during 2022-2027.
Industry Definition and Application:
Fire trucks are emergency automotive vehicles equipped with firefighting apparatus such as water tanks, high-pressure hoses, fire extinguishers, respirators, communication equipment, fire-resistant gloves, and protective clothing. They are used by firefighters to extinguish fires, prevent them from spreading, and save animals, human beings, and properties. They also assist in dealing with riots, natural disasters, and other incidents. Presently, the increasing fire-related casualties are escalating the demand for fire trucks across the globe.
Impact of COVID-19:
We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.
What are the major drivers of the fire trucks market?
Nowadays, the rising concentration of atmospheric greenhouse gases (GHGs) is causing severe wildfires around the world, which is primarily driving market growth. Along with this, various technological advancements in firefighting apparatus and frequent upgradation of fire truck fleets with the latest model are further accelerating market growth. Moreover, the market is also propelled by increasing government investments in modern firefighter trucks equipped with efficient multifunctional equipment and the implementation of stringent fire safety regulations.
Other factors, including the increasing utilization of fire trucks for medical emergencies and rescue missions, the rising product adoption in the aviation industry to handle emergencies involving airplanes, and the growing awareness regarding fire safety measures among individuals, are positively influencing the market growth.
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Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global fire trucks market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on region, type and application.
Breakup by Type:
• Mini Tank
• Rescue Trucks
• Ini Pumpers
• Multi-tasking Trucks
Breakup by Application:
• Residential and Commercial
• Enterprises and Airports
• Military
Breakup by Geography:
• North America: (United States, Canada)
• Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
• Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
• Latin America: (Brazil, Mexico, Others)
• Middle East and Africa
Who are the top players in the fire truck industry?
• Albert Ziegler GmbH
• Alexis Fire Equipment Company
• BME Fire Trucks LLC
• GIMAEX
• HME Incorporated
• Magirus GmbH (CNH Industrial N.V.)
• Morita Holdings Corporation
• Oshkosh Corporation
• Rosenbauer International AG
• The Shyft Group Inc.
• W. S. Darley & Co.
• Weihai Guangtai Airport Equipment Co. Ltd.
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About Us:
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise
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