About Fire Truck
The fire truck is an emergency vehicle which helps for firefighting operation. This vehicle is also used to rescue people from fire hazards. The term fire truck and fire engine are interchangeably in a different department. There are many types of a fire truck in market few are like Pumper Fire Apparatus, Quint Fire Apparatus, Foam, and Water Tenders and many more. Fire truck is also available according to water tank size, ladder size.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global Fire Truck market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
W.S. Darley & Co. (United States), Oshkosh Corporation (Japan), Rosenbauer International AG (Austria), Magirus GmbH (Germany), Morita Holdings Corporation (Japan), E-one (United States), HME, Inc (United States), Spartan Motors, Inc (United States), Jon's Mid America Fire Apparatus (United States) and Boise Mobile Equipment Inc (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are CFE, Tianhe, YQ AULD LANG REAL and Jieda Fire-protection.
Segmentation Overview
AMA Research has segmented the market of Global Fire Truck market by Type (Fire Fighting, Elevating, Special, Rescue and Mini Tanker), Application (Municipal Fire, Industrial Fire and ARFF) and Region.
On the basis of geography, the market of Fire Truck has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Incresed adoption of advanced firefighting technologies
Market Growth Drivers:
Increasing Fire Hazard
Challenges:
Driving a fire truck is a challenge in itself, as they are large and heavy vehicles that need to be maneuvered quickly and safely through traffic and tight spaces.
Restraints:
High-cost investment
Opportunities:
Usage of Electricity Increasing Day by Day
Market Leaders and their expansionary development strategies
In October 2021, United Safety & Survivability Corporation, a global manufacturer of safety and survivability solutions, acquired of Fireboy-Xintex effective. The acquisition will grow its footprint both geographically into Europe and Asia and vertically into the marine market.
In MAY 2023, The ACT Emergency Services Agency has unveiled Australia’s first Plug-In Hybrid Electric Fire Truck.One of the newest vehicles in the ACT Fire & Rescue fleet, the Plug-In Hybrid Electric Fire Truck. The vehicle runs on electricity, with enough battery capacity to operate continuously for up to two hours.
Key Target Audience
Commercial, Defense and Forest department
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.