Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 11.1 Billion | USD 31.2 Billion | 6.7% | 2022 |
FrequentlyAsked Questions
Fire trucks are vehicles designed for firefighting operations and are referred to as fire engines. They are also used during medical exigencies and rescue operations such as fire safety. These vehicles are useful to transport the firefighters to the affected location, carry water for extinguishing fire, and transport instruments including ladders, ventilating equipment, hydraulic rescue tools, self-contained breathing apparatus, and first aid kits.
The global fire trucks market is projected to expand over 2023-2030 due to a rise in allocation of funds by key industry players for producing advanced fire truck fleet. A prominent increase in residential & commercial construction activities will bolster the demand for fire trucks in the ensuing years.
According to study, the global Wi-Fi as a service market size was $11.1 billion in 2022 and is projected to reach $31.2 billion by the end of 2030.
The global fire trucks market is anticipated to record a CAGR of nearly 6.7% from 2023 to 2030.
The Asia-Pacific fire trucks industry is set to account for a major market share in the upcoming years subject to presence of low-cost product manufacturers in countries such as China. In addition to this, escalating product penetration across the residential and commercial sectors in countries such as India, China, and South Korea will proliferate the regional market size.
The global fire trucks market is led by players like Precision Fire Apparatus, Pierce Manufacturing, Oshkosh Corporation, KME, ZoomLion, Steele Fire Apparatus, Danko Emergency Equipment, Co., Albert Ziegler GmbH, E-One Inc., Rosenbauer International AG, Spartan Motors, Morita Group, BME Fire Trucks, Xuzhou Handler Special Vehicle Co. Ltd., Keystone Fire Apparatus, Inc., Seagrave Fire Apparatus, Inc., Angloco Limited, Bronto Skylift Oy, Ferrara Fire Apparatus, Alexis Fire Equipment Co, W.S Darley & Co., and Gimaex International.
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