The fire truck market is likely to witness a flourishing period of growth in the forthcoming timeframe due to the surging need for rapid fire accident response across military, airport, residential and commercial areas. The increasing loss of property and life caused by fire accidents is calling for effective fire response measures to be installed across such venues, which is consequently boosting the industry share.

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As per a Global Market Insights, Inc., research report, fire trucks market is slated to surpass a $6.5 billion valuation by 2026.

Additionally, several governments are rolling out stringent laws and regulations on a regular basis to support the upgradation of the fire truck fleets established by regional government authorities, which is encouraging fire departments to make more investments towards improving the capabilities of their fleets with the addition of new trucks.

How are industry players leveraging the increasing fire truck demand to bring in more growth?

Given the surging demand, novel fire trucks models with new and innovative features are increasingly being launched by key market players. Citing an instance, in September 2020, Volvo Penta, a renowned supplier of engines and complete power solutions for industrial and marine applications, reportedly developed a novel electric driveline for Rosenbauer, a renowned fire service vehicle manufacturer.

The new electric driveline is for Rosenbauer’s recently launched fire truck, “Revolutionary Technology”. The novel RTs would be delivered to fire departments in Dubai, Amsterdam, and Berlin for real-life customer testing. The novel vehicle architecture coupled with new and enhanced features would considerably pilot the future fire service industry as a whole.

Which product segment is anticipated to showcase momentous growth over the forecast timeframe?

With respect to product, the tanker-based fire truck segment is slated to witness steady demand in the overall market landscape. The anticipated segmental growth can be ascribed to the ability of tanker trucks to hold large volumes of water to help put out fires. In addition, high usage of fire tanker trucks for transporting in high amounts of water, specifically to locations where there is shortage of fire hydrants and external water sources, is also contributing towards industry share expansion.

Which aspects would emerge as primary growth facilitators for the fire truck market in Asia-Pacific?

On the geographical front, fire truck market in Asia-Pacific is expected to witness substantial growth owing to the rising deployment of fire trucks across commercial spaces and airports. Airport authorities in countries such as China, Japan, and India are heavily investing in novel fire trucks for decreasing the response time in case of any emergency such as fire accidents. For example, back in April 2018, the Airport Authority of India invested in a novel 6x6 fire truck named Rosenbauer Panther for enhancing fire safety measures at the Bangalore airport.

Meanwhile, various manufacturers are coming up with new and innovative ways to ensure that the overall health and safety of firefighters is preserved when on job. Citing an instance, in August 2020, it was proposed that novel fire truck designs might be able to help firefighters battle cancer. In Fayetteville, N.C., some of the fire truck manufacturers are working towards making the jobs of fire fighters more safer by adding in new features to the trucks that essentially limit their exposure to cancer-causing agents during fires. The fire trucks are equipped with “clean cabs” that effectively help keep harmful pollutants out of the vehicle cabin.

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The new fire truck cab design also comprises of a HEPA filter, which is meant for filtering out the carcinogens given off by the dirty turnout gear. In addition, the cab has metal-based solid-surface flooring, that could be washed easily, could be wiped clean and vacuumed as well.

Rev Group, Inc., W. S. Darley & Co, Morita Holdings Corporation, BAI Brescia Antincendi International SRL, Pierce Manufacturing, Inc. (Oshkosh), Rosenbauer International AG, Spartan, Inc., and Gimaex GmbH among many others are some of the key players operating in the fire truck market.

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