Fire Truck Market worth $9.6 billion by 2030 | MarketsandMarkets

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Fire Truck Market Scope:

The engine pumper fire trucks are estimated to be the largest market during the forecast period.

The engine pumper truck finds its application more in commercial & residential and in military due to their complementary capabilities. The government funding for purchasing the customized and modern firefighting trucks have significantly contribute to this growth. For example, the US Department of Homeland Security's Assistance to Firefighters Grant (AFG) program allocates substantial funds annually to help fire departments acquire new equipment, including pumper fire trucks. In October 2020, over USD 355 million was awarded to fire departments across the US through the AFG program, which spoke to the government's commitment to improving fire response capabilities. At the same time, the National Fire and Rescue Administration in China has invested heavily in fleet firefighting. An estimated budget of USD 1.5 billion was disbursed in year 2021. This increase in investment is showcases that China is actively investing R&D to raise its capacity for emergency response and to further modernize its firefighting infrastructure. In addition, emerging nations like India have rolled out an aggressive city program for 100 smart cities involving an investment of over USD 30 billion, including huge spending on fire services modernization. The "National Fire Protection Association (NFPA)" which are based upon named NFPA 1901, states the requirements that shall be complied within their design, equipment, safety features, and performance abilities of a vehicle. These are the regulations that pumper fire trucks need to ensure appropriate performance for safety throughout the operation, as the disaster response is in emergency cases. Hence, such governmental efforts with technologies for ensuring fire safety are driving the rapid growth of the pumper fire truck market across the world.

Electric fire trucks are projected to be the fastest-growing market during the forecast period.

The global fire truck market, regulatory standards are one of the important factors defining product development and market dynamics. Different regions/countries head toward stringent emission regulations with a downward-pressing emission limit. For instance, Europe is moving to Euro VII from Euro VI from July 2025, whereas China has implemented 6b emission standard for light commercial vehicles from July 2023. Also, before 2030, country like China is going to implement China VII emission regulation, due to which, many fire departments globally are now moving towards electric fire trucks. For example, in January 2024, The Mesa Fire Department in Arizona (US) have purchased the E-ONE Vector electric fire truck which can pump 750 gallons per minute for 4 hours on single charge. Besides, Volvo Penta had introduced an electric driveline for Rosenbauer's "Revolutionary Technology" (RT) electric fire truck with two electric motors of up to 360 kW (490 HP) and 50,000 Nm of torque along with a backup diesel engine. In fact, these emission norms have been put in place in various regions and countries, thereby increasing the demand worldwide for electric fire trucks. Besides that, big manufacturers like Rosenbauer International AG also depend on this growth in industry electrification. According to their investor presentations, penetration of electric fire trucks may reach as high as 50% in 2030.

Across American fire departments, the use of electric and hybrid fire equipment is growing in popularity. EV fire trucks are used by the fire department in places like Mesa, Madison, Los Angeles, and Portland. One of the newest features of EV fire trucks is fuel cells as a range extender, which augments the electric motor if the battery runs low. This eliminates the need of fire truck to run more on battery power and keep the vehicle running continuously. Electric fire trucks are more expensive initially than traditional diesel trucks. An equivalent diesel fire truck can cost a lot less than the Rosenbauer RT electric fire truck, for instance. For fire departments, this larger initial outlay may be a hurdle.

Rosenbauer International AG (CFT (Concept Fire Truck)), RT (Revolutionary Technology), ALPAS (Advanced Low-Profile Aerial System), and hybrid variants), Magirus GmbH (Magirus AirCore and Team Cab Electric), IVECO Magirus (Dragon X8 and SuperDragon X6 Electric), E-ONE, a division of the REV Group (Cyclone II Electric and Typhoon II Electric), Volvo Group (FL, FE Electric Fire Truck), and Scania AB (Citywide and P-Series Electric Fire Truck) are major manufacturers of EV fire trucks.

As a result, these producers set the standard for innovation in electric and hybrid fire engines, meeting operational and environmental requirements in urban firefighting both nationally and internationally.

Asia Pacific region is the second largest region in the fire truck market.

This area has the second largest demand for fire vehicles since there is a corresponding boost industrialization and urbanization in the Asia-Pacific region particularly in China, India and Japan. Also, as a result of growth in the sizes of cities and industries in areas classified as megacities as well as expansions in industrial sectors, this growth has given rise to the demand for sophisticated equipment used in fighting fires. The authorities of these countries have allocated large amounts of funds for the purchase of additional and more advanced fire trucks and for investments in public safety facilities that include fire departments. Contemporary fire tender or fire trucks are being used today more and more when new constructions are being made and implemented with rules about construction and fire safety measures to make sure that structures meet international requirements.

Due to the rise of numbers of the urban city, China occupies the largest market in the Asia Pacific region mainly growing residential, commercial, and industrial sectors. As a result of these factors, the need for fire trucks has risen to adequately address the protection from fire hazards. Additionally, the National Bureau of Statistics report states that as of 2023, 64.7% of China's population lived in urban areas. Additionally, the nation's urban population increased from the previous year to 914 million by the end of 2022. This growth in urban areas has increased the demand for advanced fire trucks and fire stations in China. Based on the rate of traveling in the country, china has developed 6 airports as gathered from traveling in the country. In the January 2023 of the Civil Aviation Administration of China report China says that it has completed construction on 6 airports. It had new freight airports, and 29 new general-purpose airports were constructed on the Chinese mainland, bringing the respective totals to 254 freight airports and 399 general-purpose airports by the end of the year. In addition, China had 4,165 freight planes registered at the end of 2022, which has raised by 111 over the year before. As a result of increasing investments in development of airports and the aviation industry, has increased the need of fire trucks. China also has some major local key manufacturers of fire truck manufacturers, including Shenyang Jietong Fire Truck Co., Ltd., Hubei Dong Runze Special Vehicle Equipment Co., Ltd., Shanghai Jindun Special Vehicle Equipment Co., Ltd., Beijing Zhongzhuo, XCMG Fire Equipment, Zoomlion, and Chongqing Dima Industry. Because of their cutting-edge technologies and inventive product offerings, these manufacturers are at the forefront of the industry. China is therefore in need of fire engines because of these circumstances.

Moreover, due to the growing biomedical and logistics sectors, Singapore is the fastest-growing market for fire trucks. Adding more, Singapore is concentrated with global critical players like GlaxoSmithKline (UK), Novartis (Switzerland), and Roche (Switzerland), which require stringent fire safety apparatus and fire stations near their manufacturing and research facilities. Moreover, Singapore is known for their logistics and trade hub, and has some major players named as DHL (Germany), UPS (US), and PSA International (Singapore), necessitates robust fire protection measures across its extensive port facilities and air cargo terminals. Considering the regulations made by the Singapore government, they have mandated the Smart Nation initiative for fire trucks from April 2022, which has made compulsory telematics devices that provide real-time monitoring systems, GPS navigation, and automated firefighting systems. Hence, these factors drive the market for fire trucks in the Asia Pacific region.

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Fire Truck Market Dynamics:

Drivers:

1. Growing urban areas and infrastructure projects increase the need for more firefighting resources.

Restraints:

1. High investment cost in fire trucks making it less accessible for developing countries

Opportunities:

1. Alternate fuels option

Challenge:

1. Economies of scale by smaller players

Key Market Players Fire Truck Industry:

Prominent players in the Fire Truck Market include Rosenbauer International AG (Austria), Oshkosh Corporation (US), Morita Holdings Corporation (Japan), REV Group (US), and IVECO Group NV (Italy).

The break-down of primary participants is as mentioned below:

• By Companies: Fire Truck Manufacturers - 80% and Fire Truck End User – 20%
• By Designation: Director level - 10%, C-Level Executives - 60%, Others- 30%,
• By Region: North America - 10%, Europe – 30%, and Asia Pacific - 25%, Rest of the World – 35%

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Fire Truck Industry Recent Developments:

• In November 2023, Oshkosh Corporation and Pierce Manufacturing came together for a five-year supply contract with Mississauga Fire and Emergency Services (MFES). The first two orders include nine apparatus deals which was featuring a Pierce Volterra electric pumper designated for MFES's new net-zero fire station. Other devices in the first two orders comprise a Pierce Enforcer heavy-duty rescue pumper, four Enforcer pumpers, a Saber tanker, an Enforcer HAZMAT truck, and an Ascendant® 107-foot heavy-duty aerial ladder on an Enforcer chassis.
• The NAFFCO had made an investment in Telangana in September 2023 to develop a manufacturing plant for firefighting equipment. This investment was made to cater the increasing demand for firefighting equipment.
• In March 2023, Scania and Ziegler in collaboration had successfully installed its hybrid system in one of the ARFF vehicle for promoting the zero-emission operations within and around airports. The combined diesel-electric powertrain significantly reduces crash site response times, exceeding strict aviation industry standards and minimizes emissions.

Fire Truck Market Size - Key Benefits of Buying the Report:

• The report will help market leaders and new entrants with information on the closest approximations of the fire truck market's global revenue, ME subsegments, technology analysis, bill of material, eco-system, pricing analysis, trade analysis, and investment & funding.
• It will also help stakeholders like OEMs, chassis suppliers, and fire apparatus providers understand the competitive landscape and gain insights to position their businesses better and plan suitable go-to-market strategies.
• The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

This report provides insights on:

• Analysis of critical drivers (Growing urban areas and infrastructure projects increase the need for more firefighting resources; and increase in fire accidents have raised the focus on safety), restraints (High investment cost in fire trucks making it less accessible for developing countries), opportunities (alternative fuel option), and challenges (Economies of scale by smaller players) influencing the growth of the fire truck market.
• Product Development/Innovation: Detailed insights on upcoming technologies and new products launched in the fire truck market.
• Market Development: Comprehensive market information – the report analyses the authentication and brand protection market across varied regions.
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the fire truck market.
• Competitive Assessment: In-depth assessment of the market shares, growth strategies, and service offerings of leading players in the fire truck market, such as Rosenbauer International AG (Austria), Oshkosh Corporation (US), Morita Holdings Corporation (Japan), REV Group (US), and IVECO Group N.V (Italy).

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