Market Trends of Australia Fire Truck Industry
Local Agencies and Government Authorities Segment to Dominate the Market during the Forecast Period
- Several fire rescue teams and local authorities operate firefighting services across Australia to combat potential fire outbreaks or bushfires. Some prominent organizations include ACT Fire and Rescue, Community Fire Unit, Fire and Rescue New South Wales, and Queensland Fire and Emergency Services. To combat fire outbreaks, these agencies need to possess an expansive fleet of fire trucks that can assist in providing quality service on-ground, which, in turn, positively impacts the demand for fire trucks across Australia.
- Furthermore, the country has recently witnessed several wildfires that threaten the environment. To ensure that these wildfires are kept in check before creating havoc, the rescue service team needs to reach the destination with adequate firefighting equipment, which leads them to use tankers, pumpers, and other rescue trucks. Moreover, even though certain airport authorities possess their firefighting apparatus and equipment, in particularly significant cases, they need to use the service of local agencies to combat fire blazes.
- According to the International Disaster Database, the number of large wildfires in Australia was negligible in 2022. However, at least one major wildfire was reported in the country in 2021.
- Constant fleet upgrades to equip them with modern safety technologies are also exacerbating the need for new fire trucks to be catered to by players in the market. For instance, the New South Wales rural fire rescue team upgraded 400 of its 2,000 fire trucks with a protection system as of November 2023. They are further planning to upgrade all their fleet with systems that can assist in combating fire blazes and enhance firefighters' protection. In the coming years, with the surging demand for the deployment of advanced trucks in the market by local agencies and authorities, this market segment is expected to witness growth.
Electric Segment to Gain Traction during the Forecast Period
Electric fire trucks are gaining massive traction worldwide owing to their capability to reduce air pollution and aggressive government initiatives toward raising awareness of the hazards of climate change. Due to the increasing focus on developing high-end electric trucks, manufacturers of these vehicles are strategizing to integrate advanced batteries that can last longer since these trucks need to operate for more extended periods. Moreover, the increasing landscape fires in Australia are contributing to the surging demand for fire trucks, which is expected to impact electric fire truck sales positively.
- According to the Australian Bureau of Statistics, the number of landscape fires attended by fire service organizations in Australia reached 31,189 in 2023 compared to 29,723 in 2022, recording a Y-o-Y growth of 4.93% between 2022 and 2023.
Notably, the adoption of electric fire trucks in Australia is at the lower end, with only the ACT Fire Service team entering into a partnership agreement with Volvo to procure electric trucks in the coming years. However, the electric truck segment is expected to gain more attention in the coming years due to the preference for upgrading fire truck fleets and the increasing focus on local agencies to reduce their carbon emissions.
Furthermore, manufacturers operating in the space are expected to constantly strategize for product innovation, leading to the development of various electric trucks in the country. These manufacturers will also try to engage with local agencies and fire rescue service teams to enhance their fire truck model penetration, ultimately assisting in gaining a competitive edge in the market. Integration of technologies in these electric fire trucks with better fire fighting apparatus is anticipated to witness tremendous traction owing to the increasing preference of end-users.
