Insight by Abdul Wasay, Chief Operating Officer at The Business Research Company
In response to fluctuating tariffs and geopolitical trade developments, the Fire Truck Market Outlook 2025 analyses how businesses are adapting through supply chain diversification and strategic sourcing.
What Is the Projected Market Size of the Fire Truck Industry in 2024 and 2025?
The Fire Truck Global Market Report 2025 indicates that the market has experienced a steady expansion in recent years. The market size is projected to increase from $7.3 billion in 2024 to $7.57 billion in 2025. This represents a compound annual growth rate (CAGR) of 3.8%.
What Is the Projected Market Size of the Fire Truck Market in 2029?
By 2029, the fire truck market is projected to reach a value of $9.01 billion, growing at a compound annual growth rate (CAGR) of 4.4%.
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What Are the Key Drivers of Fire Truck Market Growth?
The key drivers in the fire truck market are:
• The implementation of smart city initiatives
• Rising environmental concerns and risks associated with wildfires
• Upgrades and improvements in emergency response infrastructure
• Renewal and modernization cycles in the industry.
What Are the Primary Segmentation Categories in the Fire Truck Market?
The fire truck market covered in this report is segmented –
1) By Product: Aerial Ladder Trucks, Aerial Platform Trucks, Other Products
2) By Propulsion Type: Internal Combustion Engine (ICE), Electric
3) By Application: Residential And Commercial, Airports And Enterprises, Military, Other Applications
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What Are the Major Trends Shaping the Fire Truck Market in 2025 and Beyond?
The key trends in the fire truck market are:
• The adoption of alternative propulsion systems is a key upcoming trend in the market.
• Advanced telematics for fleet management is increasingly shaping the market.
• The market is going through a significant change with a growing focus on remote control and autonomous capabilities.
• The integration of unmanned aerial vehicles (UAVs) and customization for urban and rural environments are new trends influencing the industry.
Who Are the Emerging Players in the Fire Truck Market?
Major players in the fire truck market are:
• Volvo Group
• Tata Motors Limited
• Isuzu Motors Ltd.
• Scania AB
• Dongfeng Motor Corporation
• Hino Motors Ltd.
• Oshkosh Corporation
• Zoomlion Heavy Industry Science &Technology Co. Ltd.
• Naffco Group
• REV Group
• Rosenbauer International AG
• Pierce Manufacturing Inc.
• Morita Holdings Corporation
• W.S. Darley & Co.
• E-One Inc.
• Albert Ziegler GmbH
• HME Incorporated
• Magirus GmbH
• Ferrara Fire Apparatus Inc.
• Bronto Skylift Oy Ab
• Spartan Motors Inc.
• Sutphen Corporation
• KME Corp.
• Gimaex GmbH
• Alexis Fire Equipment Company
• Crimson Fire Protection Inc.
• Angloco Limited
• Acres Emergency Vehicles
• Metz Aerials GmbH
• Smeal Fire Appratus
... (list continues)
Which Regions Are Leading the Growth in the Global Fire Truck Market?
Europe was the largest region in the fire truck market in 2024
