Market Share of Fire Truck Industry
The Fire Truck market is highly consolidated. The market is characterized by the presence of considerably large global players as well as some local players who have secured long-term supply contracts with fire departments of local city councils. These players also engage in joint ventures, mergers and acquisitions, new product launches, secure orders, and product development to expand their brand portfolios and cement their market positions.
Some of the major players dominating the global market are Rosenbauer Group, REV Group Inc., Magirus, Oshkosh Corporation, and Morita Holdings Corporation. Key players are engaging in mergers and acquisitions and launching new products to secure their market position and stay ahead of the market curve. For instance,
- October, 2022: Rosenbauer Group supplied Schutz & Rettung, the professional Zurich firefighting department, with the world's first electric aerial ladder based on Volvo chassis.
- July, 2022: Magirus GmbH delivered Magirus FireBull, the world's first tracked fire engine, to the state of Ceara in Brazil.
- April ,2022: Magirus GmbH delivered eight Magirus CITY 2020 fire trucks for volunteer firefighting to firefighting brigades of the Italian province Verbano-Cusio-Ossola.
Fire Truck Market Leaders
Oshkosh Corporation
Rosenbauer International AG
Magirus GmbH.
REV Group
Morita Holdings Corporation
*Disclaimer: Major Players sorted in no particular order
