Fire Truck Market Size

Statistics for the 2023 & 2024 Fire Truck market size, created by Mordor Intelligence™ Industry Reports. Fire Truck size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Fire Truck Industry

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:
Fire Truck Market Summary
Study Period 2019 - 2029
Market Size (2024) USD 6.73 Billion
Market Size (2029) USD 9.37 Billion
CAGR (2024 - 2029) 6.83 %
Fastest Growing Market Asia-Pacific
Largest Market Asia-Pacific

Major Players

Fire Truck Market Major Players

*Disclaimer: Major Players sorted in no particular order

setting-icon

Need a report that reflects how COVID-19 has impacted this market and its growth?

Single User License

$4750

Team License

$5250

Corporate License

$8750

Book before:

Fire Truck Market Analysis

The Fire Truck Market size is estimated at USD 6.73 billion in 2024, and is expected to reach USD 9.37 billion by 2029, growing at a CAGR of 6.83% during the forecast period (2024-2029).

As automotive manufacturers have resumed operations due to steadily rising automobile sales in countries with a limited number of COVID-19 cases, the market is likely to recover during the forecast market. Furthermore, the manufacturers are implementing contingency plans to mitigate future business uncertainties to retain continuity with clients in the critical sectors of the automobile industry.

Over the long term, the adoption of stringent fire safety standards, the renewing of old fleets of fire trucks by the city councils to bolster their fire-fighting capabilities, and increasing investments in R&D by major industry players are creating demand in the automotive and transportation industry with a surge in sales of fire trucks.

Key players in the market are securing new orders, launching new products, and expanding their production capacity to cater to the increased demand for fire trucks. For instance,

  • June, 2022 : Rosenbauer Group delivered a fully electric fire truck featuring Rosenbauer RT (Revolutionary Technology) to the municipality of Norvenich in North Westphalia, Germany.

Asia-Pacific has been identified as the world's biggest fire truck market, with China and India being the major markets for fire trucks in the world. This is due to stringent fire protection measures adopted in these countries to reduce fire-related accidents and casualties. Many cities in these countries are inducting new fire trucks in their firefighting fleets, especially firetrucks equipped with turntable ladders to combat fires occurring in high-rise buildings. For instance

  • January, 2022: Brihannamumbai Municipal Corporation (BMC) of Mumbai in India, announced plans to procure 36 firefighting including 22 quick response multi-purpose vehicles and 14 firefighting-cum-rescue vehicles for Mumbai Fire Brigade.

Thus the market for fire trucks is forecasted to grow at a healthy CAGR during the forecast period due to the above factors.

Fire Truck Market Size - Industry Report on Share, Growth Trends & Forecasts Analysis (2024 - 2029)