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Airport Firefighting Trucks Market pegged for robust expansion by 2031 | Type, Application, Scope & Key Companies

08-08-2023 06:30 AM CET | Industry, Real Estate & Construction

Press release from: Global Insight Services

The global airport firefighting trucks market size was $1.1 billion in 2021 and is anticipated to reach $1.9 billion in 2031, growing at a rate of 6.5% from 2022 to 2031.

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Airport Firefighting Trucks are trucks used at airports to combat fire and for rescue operations. As compared to municipal trucks, these vehicles have far more restricted access to adjoining water provisions from fire hydrants. Hence, they have to hold their water supply with the vehicle. In addition, there are three main fire suppressants an ARFF vehicle can carry: dry chemicals, water, and firefighting foam.

Market Trends & Drivers

There has been an increase in the demand for fire safety amongst the developed countries such as the U.S., Germany, Austria, and the UK among others. In addition, the need for advanced firefighting and rescue equipment is expected to augment the airport firefighting trucks market growth. Besides, increasing standards for fire safety by governments of different countries globally are anticipated to aid the growth of the airport firefighting trucks market.

The major function of airport firefighting trucks comprises transportation of firefighters at airports where fire accident has occurred and quenching the fire with some chemical composition or water. Besides, government departments globally have made it mandatory to employ these vehicles at airports for rescue operations and medical emergency services. Further, technological improvements and product innovation in the field of airport firefighting trucks have reduced the fatality rate at airport fire-related events. This, in turn, is providing remunerative opportunities to the market players.

Report Overview-https://www.globalinsightservices.com/reports/airport-firefighting-trucks-market

Market Restraints & Challenges

One of the major factors hindering the global airport firefighting truck market growth is the high initial and maintenance cost of these vehicles. The capital cost of owning an airport firefighting vehicle is quite high. The cost is high mainly due to the complexity of the machine. In addition, they require huge operation and maintenance costs. For instance, usually, a new airport firefighting vehicle comprising a generator, water tank, and other options costs nearly $1.0 million. Moreover, the vehicle needs to be maintained on a regular basis. Furthermore, firefighting vehicles usually get damaged during fire-fighting operations. This, in turn, necessitates the repair and maintenance of the equipment. Besides, a dearth of skilled and qualified labor is expected to hamper the global airport firefighting truck market development.

Major Players of the Global Airport Firefighting Trucks Market

The global airport firefighting trucks market report includes players such as E One, Kronenburg, Magirus Group, Morita Group, NAFFCO, Oshkosh Corporation, Rosenbauer International, Simon Carmichael International, Volkan, and Ziegler.

Further, prominent players in the market are adopting collaboration as their key developmental strategy in order to improve their product offerings. For instance, recently, in November 2021, the new "smart truck" technology of IDEX Fire &Safety was presented by Microsoft in a case study and video. This is made by IDEX Fire & Safety in partnership with REV, producer of the highly-rated E-ONE Fire & rescue vehicles. This new system is integrated with the Internet of Things (IoT), and observes emergency vehicles - from their engines to their valves &pumps.

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COVID-19 Analysis

The novel coronavirus caused a massive impact on the lives of people and the overall community in 2020. It originated as a crisis to human health and posed a substantial threat to worldwide trade, economy, and finance. In addition, manufacturing, mining, and construction supply chains are striving on a worldwide scale to keep pace with the quick transmission of the virus. Further, the COVID-19 pandemic has halted the production of airport firefighting trucks, due to prolonged lockdown in countries such as the U.S., China, India, Japan, and Germany among others. This has hindered the development of the Airport Firefighting Trucks market significantly over the past two years. Further, the demand for airport fire fighting trucks market plummeted during COVID owing to the significant decline in the air traffic globally.

Market Segments

By Type

Four-wheel drive
Six-wheel drive
Eight-wheel drive

By Application

Civil airports
Military airports

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About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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Global Insight Services LLC
16192, Coastal Highway, Lewes DE 19958
E-mail: info@globalinsightservices.com
Phone: +1-833-761-1700
Website: https://www.globalinsightservices.com/

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