The global airport firefighting trucks market size was $1.1 billion in 2021 and is anticipated to reach $1.9 billion in 2031, growing at a rate of 6.5% from 2022 to 2031.
New York, According to a new market research report published by Global Insight Services “Airport Firefighting Trucks Market” is expected to reach US$ XX bn by 2031. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
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Airport Firefighting Trucks are trucks used at airports to combat fire and for rescue operations. As compared to municipal trucks, these vehicles have far more restricted access to adjoining water provisions from fire hydrants. Hence, they have to hold their water supply with the vehicle. In addition, there are three main fire suppressants an ARFF vehicle can carry: dry chemicals, water, and firefighting foam.
Market Trends & Drivers
There has been an increase in the demand for fire safety amongst the developed countries such as the U.S., Germany, Austria, and the UK among others. In addition, the need for advanced firefighting and rescue equipment is expected to augment the airport firefighting trucks market growth. Besides, increasing standards for fire safety by governments of different countries globally are anticipated to aid the growth of the airport firefighting trucks market.
The major function of airport firefighting trucks comprises transportation of firefighters at airports where fire accident has occurred and quenching the fire with some chemical composition or water. Besides, government departments globally have made it mandatory to employ these vehicles at airports for rescue operations and medical emergency services. Further, technological improvements and product innovation in the field of airport firefighting trucks have reduced the fatality rate at airport fire-related events. This, in turn, is providing remunerative opportunities to the market players.
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Market Restraints & Challenges
One of the major factors hindering the global airport firefighting truck market growth is the high initial and maintenance cost of these vehicles. The capital cost of owning an airport firefighting vehicle is quite high. The cost is high mainly due to the complexity of the machine. In addition, they require huge operation and maintenance costs. For instance, usually, a new airport firefighting vehicle comprising a generator, water tank, and other options costs nearly $1.0 million. Moreover, the vehicle needs to be maintained on a regular basis. Furthermore, firefighting vehicles usually get damaged during fire-fighting operations. This, in turn, necessitates the repair and maintenance of the equipment. Besides, a dearth of skilled and qualified labor is expected to hamper the global airport firefighting truck market development.
Major Players of the Global Airport Firefighting Trucks Market
The global airport firefighting trucks market report includes players such as E One, Kronenburg, Magirus Group, Morita Group, NAFFCO, Oshkosh Corporation, Rosenbauer International, Simon Carmichael International, Volkan, and Ziegler.
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Reasons to buy Airport Firefighting Trucks Market Report:
• Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
• Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
• Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
• Develop business and M&A strategies through understanding of latest trends and emerging players in the market
• Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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