Fire Truck Market Outlook By Future Scenario and Forecast to 2026
Category: #business  By Ronak Bora  Date: 2021-12-02
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Fire Truck Market Outlook By Future Scenario and Forecast to 2026

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.

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.

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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.

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.

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.

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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Partial Chapter of the Table of Content

Chapter 4. Fire Truck Market Competitive Landscape

4.1.    Introduction

4.2.    Company market share analysis, 2019

4.3.    Key player analysis

Chapter 5. Fire Truck Market, By Product (Revenue & Shipment)

5.1.    Key trends by product

5.2.    Aerial truck

5.2.1. Fire truck market estimates and forecast, 2016 – 2026

5.3.    Pumper

5.3.1. Market estimates and forecast, 2016 – 2026

5.4.    Tanker

5.4.1. Market estimates and forecast, 2016 – 2026

5.5.    Others

5.5.1. Market estimates and forecast, 2016 – 2026

Chapter 6. Fire Truck Market, By Application (Revenue & Shipment)

6.1.    Key trends by application

6.2.    Residential & commercial

6.2.1. Market estimates and forecast, 2016 - 2026

6.3.    Airport

6.3.1. Market estimates and forecast, 2016 – 2026

6.4.    Military

6.4.1. Fire truck market estimates and forecast, 2016 - 2026

Browse complete Table of Contents (ToC) of this research report @ https://www.decresearch.com/toc/detail/fire-truck-market

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About Author

Ronak Bora

Ronak Bora    

A graduate in Electronics Engineering, Ronak writes for Technology Magazine and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and spo...

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