Industry Analysis & Industry Trends
Light a fire
Tightened federal, state and local funding caused revenue for fire truck manufacturers to plummet in the five years to 2012. Nevertheless, demand is expected to rise steadily in the next five years, driven by improved local funding and investment. Further, since most fire departments put off purchasing new fire trucks during the recession, pent-up demand for the industry will facilitate future growth.... purchase to read more
Industry Report - Industry Key Buyers Chapter
Market share concentration within the Fire Truck Manufacturing industry is low, with the top four firms accounting for just under 30.0% of industry revenue in 2012. The industry's leading manufacturers, Oshkosh and Rosenbauer, are large-scale firms that compete on a global market. The remaining firms typically cater to local or regional markets. Additionally, many of the industry's largest companies produce a diversified lineup of products, not binding themselves solely to fire trucks or fire engines. This trend mitigates some of the manufacturing dominance that large-scale firms could have if they solely produced fire trucks or fire engines... purchase to read more