Fire Apparatus Manufacturers Association - FAMA

Today, of the approximately 5,000 fire trucks sold annually in the United States, Pierce Manufacturing accounts for about 1,500
A basic fire truck or engine with no equipment on it can cost as little as $250,000, but the price can go up to $6 million (rarely) depending on the type of vehicle. Then there’s the equipment too which can cost more than the truck itself.

Estimates of the number of apparatus and stations in the United States for the 2016–2018 period indicate that there were 72,100 pumpers, 7,400 aerial apparatuses, 80,900 other suppression vehicles (e.g., pumpers less than 1,000 gpm, brush vehicles, tankers), 50,700 other vehicles (e.g., rescue, lighting, and ambulance …

Market Overview
The fire truck market was valued at USD 5501.8 Million in 2021, and it is expected to reach USD 8211.74 billion by 2027, registering a CAGR of about 6.83 % during the forecast period (2022 - 2027).

The COVID-19 pandemic affected the fire truck industry worldwide, with the closure of production facilities and transportation businesses causing market instability. Firefighting vehicle manufacturers had to face certain supply chain issues due to a halt in international trade and transportation activities.

However, the market started picking up pace, and the demand for fire fighting vehicles is expected to have notable growth during the forecast period.

Evolving government fire safety regulations across all sectors and continuous emphasis of government on the upgradation of fire trucks and associated equipment are expected to drive the demand for fire trucks during the forecast period.

High investments and upfront expenses associated with manufacturing fire vehicles are likely to limit the market expansion. Due to a shortage of cash, fire agencies are only able to distribute a limited amount of money.

The evolution of electric trucks and growing interest in firefighting apparatuses and local assemblies across the world are expected to create a positive outlook for the market studied.

Scope of the Report
A fire truck is a large vehicle that carries firefighters and equipment for putting out fires. Fire trucks are equipped to support fire fighting and rescue operations and carry Hurst tools, ground ladders, specialized saws, rescue ropes and harnesses, and cutting torches. These fire trucks also carry complete advanced life support (ALS) equipment complement.

The fire truck market is segmented by type, application, and geography. Based on the type, the market is segmented into types by rescue trucks, tankers, pumper, and multi-tasking trucks. Based on the application type, the market is segmented into residential and commercial, enterprises and airports, and military. By geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the world. For each segment, the market sizing and forecast are based on value (USD Million).

Rising Demand for Fire Trucks in the Residential and Commercial Sector
The residential and commercial segment includes fire trucks used by municipal bodies and forest fire fighting applications.

According to the National Fire Protection Association, there have been more than 400,000 house fire cases reported in the United States every year. These fire incidents bring dreadful culture to the people. The scenarios remain the same not just in the United States but across the world.

In 2020, a fire department responded to a fire on average every 23 seconds in the United States, according to the National Fire Protection Association. A home fire was reported every 89 seconds, a home fire death occurred every three hours and 24 minutes, and a home fire injury occurred every 46 minutes.
Moreover, several residential/commercial fire incidents are being reported across the world where fire incidents have destroyed the lives and property of the people. For instance:

In May 2021, the Indian government investigated several fire cases taking place in Delhi and saw that most of them had arrived due to illegal housing factories in the city. Lack of safety equipment in commercial establishments remained a vital factor that derived fire cases in Delhi.
Furthermore, the government said that the tragic death of 27 people in the Mundka fire incident has again exposed the city’s fire and safety standards. This came after a noncompliance action pulled by hundreds of commercial and institutional buildings, including hospitals, factories, and even schools, which are operating without a fire and safety certificate in Delhi. These things further make thousands of people vulnerable and help raise the fire incidents in the capital.