What is Global Fire Emergency Rescue Equipment Market?
The Global Fire Emergency Rescue Equipment Market is a comprehensive study of the various tools, technologies, and strategies employed by emergency services worldwide to combat and manage fire-related incidents. This market encompasses a wide range of products and services, from basic firefighting equipment like hoses and extinguishers to advanced rescue gear such as thermal imaging cameras and hydraulic rescue tools. It also includes training and support services for these tools, as well as the development and implementation of fire safety regulations and standards. The market is driven by the increasing incidence of fire-related emergencies globally, as well as the growing need for effective and efficient response mechanisms to these incidents. The market's value was estimated at US$ 5834.7 million in 2022, and it is projected to grow to US$ 7755.8 million by 2029. However, the market's growth is also influenced by several challenges, including the high cost of equipment and the need for regular maintenance and upgrades. Despite these challenges, the market is expected to continue growing, driven by technological advancements and increasing awareness about fire safety.
General Equipment, Professional Equipment in the Global Fire Emergency Rescue Equipment Market:
The Global Fire Emergency Rescue Equipment Market is divided into two main segments: General Equipment and Professional Equipment. General Equipment includes basic firefighting tools like hoses, extinguishers, and ladders, which are commonly used by both professional firefighters and ordinary citizens. These tools are relatively easy to use and are often found in homes, offices, and other public places. On the other hand, Professional Equipment includes more advanced tools and technologies used by professional firefighters and rescue teams. These include thermal imaging cameras, hydraulic rescue tools, and personal protective equipment (PPE) like fire-resistant suits and helmets. These tools require specialized training to use effectively and are typically more expensive than General Equipment. Despite their higher cost, Professional Equipment is crucial in managing large-scale fire emergencies and rescuing trapped or injured individuals. The market for Professional Equipment is expected to grow significantly in the coming years, driven by increasing demand from fire departments and rescue services worldwide.
Municipal Fire, Industrial Fire, ARFF in the Global Fire Emergency Rescue Equipment Market:
The Global Fire Emergency Rescue Equipment Market is also segmented based on its usage in different areas: Municipal Fire, Industrial Fire, and ARFF (Aircraft Rescue and Firefighting). Municipal Fire refers to fire emergencies in urban and residential areas, which are typically managed by local fire departments. These emergencies often involve building fires, vehicle fires, and other similar incidents. Industrial Fire, on the other hand, refers to fire emergencies in industrial settings like factories, warehouses, and power plants. These fires are often more complex and dangerous, requiring specialized equipment and strategies to manage. Finally, ARFF refers to fire emergencies involving aircraft, which are typically managed by specialized ARFF teams at airports. These emergencies require unique equipment and strategies, given the unique risks and challenges associated with aircraft fires. The market for each of these segments is influenced by various factors, including the incidence of fire emergencies in these areas and the availability and adoption of fire emergency rescue equipment.
Global Fire Emergency Rescue Equipment Market Outlook:
The Global Fire Emergency Rescue Equipment Market outlook for 2023-2029 projects a steady growth with a CAGR of 4.1%. The market, which was valued at US$ 5834.7 million in 2022, is expected to reach US$ 7755.8 million by 2029. The General Equipment type segment is anticipated to hold the largest sales volume market share during the forecast period. In 2019, this segment accounted for a significant 76.72% share in terms of volume. The remaining 23.69% was attributed to the Industrial and ARFF fields. The top five players in the market held a substantial 58.17% of the Global Fire Emergency Rescue Equipment revenue market share in 2019. This data indicates a concentrated market with a few key players dominating. However, the market is dynamic, and changes in technology, regulations, and consumer preferences can significantly impact market shares.
| Report Metric | Details |
| Report Name | Fire Emergency Rescue Equipment Market |
| Accounted market size in 2022 | US$ 5834.7 in million |
| Forecasted market size in 2029 | US$ 7755.8 million |
| CAGR | 4.1% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Rosenbauer, Oshkosh, MORITA, Magirus, REV Group, Ziegler, Gimaex, Zhongzhuo, CFE, Tianhe, YQ AULD LANG REAL, Jieda Fire-protection |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
