特殊車両市場 – 2030年までの世界予測

Specialty Vehicle Market - Global Forecast to 2030

特殊車両市場 - タイプ (消防車両、ごみ収集車、バキュームカー、燃料輸送タンカー、街路清掃車、救急車およびレクリエーション用車両)、用途、推進力 (ICE および EV)、バッテリー化学、最終用途産業、地域 - 2030年までの世界予測
Specialty Vehicle Market by Type (Fire, Garbage, Vacuum, Fuel Carrying Tankers, Street Sweepers, Ambulance & Recreational Vehicles), Application, Propulsion (ICE & EV), Battery Chemistry, End-use Industry and Region - Global Forecast to 2030

商品番号 : SMB-66767

出版社MarketsandMarkets
出版年月2024年10月
ページ数301
図表数358
価格タイプシングルユーザライセンス
価格USD 4,950
種別英文調査報告書

特殊車両市場は、2024年の823 億ドルからCAGR 3.3% で成長し、 2030年までに 998億ドルに達するとMarketsandMarketsでは予測しています。

「特殊車両市場 – タイプ (消防車両、ごみ収集車、バキュームカー、燃料輸送タンカー、街路清掃車、救急車およびレクリエーション用車両)、用途、推進力 (ICE および EV)、バッテリー化学、最終用途産業、地域 – 2030年までの世界予測 – Specialty Vehicle Market by Type (Fire, Garbage, Vacuum, Fuel Carrying Tankers, Street Sweepers, Ambulance & Recreational Vehicles), Application, Propulsion (ICE & EV), Battery Chemistry, End-use Industry and Region – Global Forecast to 2030」は世界の特殊車両市場を主要セグメント別に分析・予測したMarketsandMarketsの市場調査報告書です。

Report Overview

The specialty vehicle market is estimated to grow from USD 82.30 billion in 2024 to USD 99.80 billion by 2030, at a CAGR of 3.3%.

Population growth and rapid urbanization have pumped up the demand for specialty vehicles, mainly emergency response vehicles and waste management vehicles. The high-rise buildings and massive industrial complexes have created a necessity for fire trucks and ambulances to address the complex emergency scenarios. As these vehicles have undergone a tremendous technological revolution with the integration of AI and robotics, which reduces human intervention, many are looking to replace the traditional fleets with the technologically advanced ones. Also, flexible work schedules and increased disposable income boost the recreational vehicle market. So, these factors combined act as drivers for the specialty vehicle market.

特殊車両市場 - 2030年までの世界予測
Specialty Vehicle Market – Global Forecast to 2030

“The ICE specialty vehicles are estimated to be the largest market during the forecast period.”

Specialty vehicles powered by internal combustion engines (ICE) are the most prevalent type in various sectors, including emergency response, waste management, and recreational activities. These specialty vehicles, such as ambulances, fire trucks, waste management vehicles, vacuum trucks, and recreational vehicles, are typically based on commercial vehicle chassis that are further upgraded and customized to meet specific operational requirements. As these vehicles are heavier, most specialty vehicles run majorly on diesel or CNGs, providing robust performance, high power output, and reliability in diverse conditions. For instance, ambulances and fire trucks with diesel engines can provide substantial power outputs, ranging from a minimum of 200 HP to as high as 700 HP, depending on the type and customization. Other specialized vehicles, such as aircraft rescue and firefighting (ARFF) trucks, can have even higher power outputs, reaching up to 1,500 HP, to effectively manage airport emergency response operations.

In addition to emergency response vehicles, waste management vehicles like garbage, vacuum, and street sweeper trucks powered by ICE engines are widely used for their ability to handle heavy loads and operate continuously for extended periods. Recreational vehicles (RVs) also utilize ICE engines to provide reliable power for long-distance travel and various off-road adventures. In addition, the initial investment for ICE-based specialty vehicles is less than for electric specialty vehicles. For example, an ambulance with ICE propulsion costs USD 130,000 – USD 300,000, whereas the same ambulance with electric costs USD 240,000 – USD 380,000. During the push towards more sustainable options, such as electric or hybrid propulsion for zero emissions and reduced environmental impact, ICE-powered specialty vehicles would continue to hold the leading position by 2030 at a global level.

特殊車両市場 - 2030年までの世界予測 ecosystem
Specialty Vehicle Market – ecosystem

“Vacuum Trucks are the fastest-growing vehicle types over the forecast period.”

Vacuum trucks are critical in industrial, commercial, and residential applications as these vehicles help maintain sanitation and hygiene. Vacuum trucks have been in great demand in Asia, one of the fastest-growing markets for specialty vehicles due to various rapid urbanization laws passed by governments and rules and regulations about waste management & sanitation. For instance, India passed an act called The Employment of Manual Scavengers and Construction of Dry Latrines (Prohibition) Act 1993. Under this act, the Indian government abolished manual scavenging. Then this act was further expanded in 2013.

Similarly, the UK also has the Health and Safety at Work Act 1974. Similar to South Africa’s approach, this Act focuses on safe working conditions, including for those in sanitation roles. It ensures that workers are not subjected to unsafe practices like manual scavenging.

Modern vacuum trucks utilize advanced vacuum technology to achieve high levels of efficiency. High-capacity fans are used to improve the vacuum capacity. The tank has evolved to accommodate larger volumes of waste while ensuring durability and ease of maintenance. Also, corrosion-resistant coatings and reinforced materials help extend the tank’s lifespan and improve its functionality. Various other innovative technologies are used in the vacuum trucks, including GPS tracking, real-time data monitoring, and automated controls. These features enhance operational efficiency, optimize routes, and provide valuable insights into truck performance.

The stringent laws, abolishment of manual scavenging, technological developments, rapid urbanization and development, and expansion of municipal services will demand vacuum trucks and other waste management vehicles.

“Asia Pacific is set to register the fastest growth rate in the global specialty vehicle market.”

Asia Pacific region mainly comprises countries like India, China, Australia, Singapore, South Korea, Japan, and others. China and India contribute more than one-third of the world’s population. The significant issues these countries face are the continuous population growth and rapid urbanization. Countries in the Asia Pacific region have a very high population density in urban areas. For instance, Tokyo, Jakarta, Mumbai, Delhi, and Beijing have high population rates and have seen rapid industrial and infrastructural developments to support these infrastructural developments, there needs to be a robust network of emergency vehicles such as fire trucks and ambulances to address the critical emergence issues and to handle the pollution caused the cities to require waste management vehicles to dispose of the waste generated and to maintain sanitation and hygiene. Countries like China, India, and Australia are also looking to replace the existing fleet of specialty vehicles with electric ones. According to IEA statistics, China leads the world in electric heavy-duty vehicle sales, with >50,000 electric trucks sold in 2022. China is focusing on greening its public sector vehicles, including sanitation vehicles and fire trucks. As most of these specialty vehicles are built on these truck chassis, rising electric truck sales in China will help adopt new energy vehicles in garbage trucks, vacuum trucks, street sweepers, and fire trucks. Various Indian municipalities are testing electric garbage trucks and street sweepers as part of a larger green initiative. Further, according to EMS, in 2021, Australia will invest in electric ambulances and fire and rescue fleets, focusing on zero-emission options for public safety vehicles. Thus, growing urbanization and population and a surge in the requirement for effective waste management vehicles will drive the sales of specialty vehicles, mainly waste management equipment.

特殊車両市場 - 2030年までの世界予測 region
Specialty Vehicle Market – region

The break-up of the profile of primary participants in the specialty vehicles market:

  • By Companies:  OEMs – 70%, Dealers – 30%
  • By Designation: Director level – 50%, Managers – 40%, Others- 10%,
  • By Region: North America – 40%, Europe – 35%, and APAC – 20%, rest of the World – 5%

Global players dominate the specialty vehicles market, comprising several regional players. The major players in the specialty vehicles market include Mercedes-Benz AG (Germany), AB Volvo (Sweden), Rosenbauer International AG (Germany), Oshkosh Corporation (US), Morita Holdings Corporation (Japan), Federal Signal Corporation (US), REV Group (US), and IVECO Group (Italy).

Research Coverage:

By type (garbage trucks, vacuum trucks, Street sweepers, recreational vehicles, ambulances, fuel-carrying tankers, and fire trucks); By Application (medical and healthcare, Public safety and services, Waste management, and Leisure); By propulsion (ICE and Electric); By End-Use (Emergency response vehicles, Utilities and municipalities and others (recreational)); By Battery Chemistry (Lithium Iron Phosphate (LFP), NMC, and others); By Region (Asia Pacific, Europe, and North America, and Rest of the World).

The report’s scope covers detailed information regarding the major factors influencing the growth of the specialty vehicles market. A thorough analysis of the key industry players has provided insights into their business overview, products, key strategies, contracts, partnerships, agreements, new product launches, recession impact, and recent specialty vehicle market developments.

Key Benefits of Buying the Report:

The report will help market leaders and new entrants with information on the closest approximations of the specialty vehicle market’s global revenue, ME subsegments, technology analysis, eco-system, pricing analysis, trade analysis, key buying criteria, and investment & fundings. It will also help stakeholders like OEMs, chassis suppliers, and specialty vehicle component providers understand the competitive landscape and gain insights to position their businesses better and plan suitable go-to-market strategies. Also, the report helps OEMs identify the most prominent municipal corporations based on their population forecast and possible demand for specialty vehicles like garbage trucks, vacuum trucks, fire trucks, street sweepers, and ambulances. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

Analysis of critical drivers (Rise in Population and urbanization, increasing economic zones and Special Economic zones, Rising development of e-commerce transportation, mobile clinics, and airport terminals expansions), restraints (Expansive R&D and production costs for specialized components), opportunities (electric and Hybrid vehicles propel the market, Growing development of autonomous vehicles and use of Artificial intelligence (Al) in specialty vehicles for assistance in decision-making and effective fleet management), and challenges (Varied customization needs for various industry application) influencing the growth of the specialty vehicle market.

  • Product Development/Innovation: Detailed insights on upcoming technologies and new products launched in the specialty vehicle market.
  • Market Development: Comprehensive market information – the report analyses the authentication and brand protection market across varied regions.
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the specialty vehicle market.
  • Competitive Assessment: In-depth assessment of the market shares, growth strategies, and service offerings of leading players in the specialty vehicle market, such as Mercedes-Benz AG (Germany), AB Volvo (Sweden), Rosenbauer International AG (Germany), Oshkosh Corporation (US), Morita Holdings Corporation (Japan), Federal Signal Corporation (US), REV Group (US), and IVECO Group (Italy).

Table of Contents

1            INTRODUCTION            23

1.1         STUDY OBJECTIVES      23

1.2         MARKET DEFINITION   23

1.2.1      INCLUSIONS AND EXCLUSIONS 24

1.3         STUDY SCOPE  24

1.3.1      YEARS CONSIDERED     25

1.4         CURRENCY CONSIDERED          25

1.5         UNIT CONSIDERED       26

1.6         STAKEHOLDERS            26

2            RESEARCH METHODOLOGY     27

2.1         RESEARCH DATA           27

2.1.1      SECONDARY DATA       28

2.1.1.1   Secondary sources             29

2.1.1.2   Key data from secondary sources     30

2.1.2      PRIMARY DATA 30

2.1.2.1   Primary interview participants         31

2.1.2.2   Breakdown of primary interviews     31

2.1.3      SAMPLING TECHNIQUES AND DATA COLLECTION METHODS 32

2.2         MARKET SIZE ESTIMATION       32

2.2.1      BOTTOM-UP APPROACH           34

2.2.2      TOP-DOWN APPROACH             35

2.3         DATA TRIANGULATION             36

2.4         RESEARCH ASSUMPTIONS AND ASSOCIATED RISKS       37

2.5         RESEARCH LIMITATIONS           38

3            EXECUTIVE SUMMARY 39

3.1         REPORT SUMMARY       39

4            PREMIUM INSIGHTS      43

4.1         ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN SPECIALTY VEHICLES MARKET            43

4.2         SPECIALTY VEHICLES MARKET, BY TYPE            43

4.3         SPECIALTY VEHICLES MARKET, BY APPLICATION          44

4.4         SPECIALTY VEHICLES MARKET, BY END-USE INDUSTRY             44

4.5         SPECIALTY VEHICLES MARKET, BY PROPULSION           45

4.6         SPECIALTY VEHICLES MARKET, BY BATTERY CHEMISTRY         45

4.7         SPECIALTY VEHICLES MARKET, BY REGION       46

5            MARKET OVERVIEW     47

5.1         INTRODUCTION            47

5.2         MARKET DYNAMICS     48

5.2.1      DRIVERS            48

5.2.1.1   Rise in population and urbanization 48

5.2.1.2   Increasing number of economic zones and special economic zones           49

5.2.1.3   Growth of e-commerce industry       50

5.2.2      RESTRAINTS     51

5.2.2.1   High R&D and production costs for specialized components      51

5.2.3      OPPORTUNITIES           51

5.2.3.1   Electric and hybrid vehicles             51

5.2.4      CHALLENGES   53

5.2.4.1   Various customization requirements for different applications   53

5.3         AI/GENERATIVE AI IMPACT ON SPECIALTY VEHICLES MARKET 54

5.3.1      CASE STUDY ANALYSIS 55

5.4         TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS              56

5.5         CASE STUDY ANALYSIS 56

5.5.1      ENHANCING SINGLE-OPERATOR GARBAGE TRUCKS WITH AI-POWERED SURVEILLANCE SOLUTIONS 56

5.5.2      ACHIEVING FASTER RESPONSE TIMES FOR AIRPORT RESCUE FIRE TRUCKS THROUGH INNOVATIVE WEIGHT REDUCTION             57

5.5.3      ENHANCING EMERGENCY MEDICAL SERVICES WITH AI TECHNOLOGIES IN AMBULANCES         58

5.5.4      IMPROVING EMS DISPATCH EFFICIENCY USING AI-BASED DECISION TREES  58

5.6         PATENT ANALYSIS        60

5.7         TRADE ANALYSIS          73

5.7.1      IMPORT SCENARIO       73

5.7.2      EXPORT SCENARIO       75

5.8         SUPPLY CHAIN ANALYSIS          76

5.9         ECOSYSTEM ANALYSIS 78

5.10       INVESTMENT SCENARIO            80

5.11       PRICING ANALYSIS        81

5.11.1    BY TYPE             81

5.11.2    BY REGION        81

5.12       REGULATORY LANDSCAPE       82

5.12.1    VEHICLE SAFETY STANDARDS  82

5.12.2    REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 84

5.12.2.1 North America     84

5.12.2.2 Europe  85

5.12.2.3 Asia Pacific          86

5.13       TECHNOLOGY ANALYSIS           88

5.13.1    KEY TECHNOLOGIES    88

5.13.1.1 Use of artificial intelligence in waste management industry        88

5.13.1.2 Ambulances equipped with electronic health records systems for faster response              88

5.13.1.3 V2V communication for quick and efficient response   89

5.13.2    COMPLEMENTARY TECHNOLOGIES     89

5.13.2.1 Idle reduction technology for efficient use of fuel         89

5.13.2.2 Use of artificial intelligence for assistance in decision-making    90

5.13.3    ADJACENT TECHNOLOGIES      90

5.13.3.1 Electric and hybrid specialty vehicles             90

5.14       KEY STAKEHOLDERS AND BUYING CRITERIA    91

5.14.1    KEY STAKEHOLDERS IN BUYING PROCESS         91

5.14.2    BUYING CRITERIA         92

5.15       KEY CONFERENCES AND EVENTS IN 2024–2025 93

5.16       OEM ANALYSIS 94

5.16.1    BATTERY CAPACITY VS. BATTERY OUTPUT      94

5.16.2    ELECTRIC FIRE TRUCK CAPACITY VS. BATTERY CAPACITY, BY OEM              95

6            SPECIALTY VEHICLES MARKET, BY TYPE            96

6.1         INTRODUCTION            97

6.2         FIRE TRUCK      99

6.2.1      STRINGENT FIRE SAFETY REGULATIONS TO DRIVE GROWTH IN EUROPE             99

6.3         GARBAGE TRUCK          100

6.3.1      GROWING FOCUS ON HEALTH AND SANITATION TO DRIVE GROWTH              100

6.4         VACUUM TRUCK            102

6.4.1      RAPID INDUSTRIALIZATION AND URBANIZATION TO INCREASE SALES OF VACUUM TRUCKS      102

6.5         STREET SWEEPER          103

6.5.1      TRANSITION TOWARD CLEAN MOBILITY SOLUTION TO DRIVE GROWTH OF ELECTRIC STREET SWEEPERS       103

6.6         AMBULANCE    105

6.6.1      GROWING MEDICAL AND HEALTHCARE INFRASTRUCTURE TO DRIVE GROWTH          105

6.7         FUEL CARRYING TANKER          106

6.7.1      RISING ENERGY DEMAND TO DRIVE GROWTH 106

6.8         RECREATIONAL VEHICLE          108

6.8.1      GROWING TOURISM TO DRIVE MARKET            108

6.9         INDUSTRY INSIGHTS    109

7            SPECIALTY VEHICLES MARKET, BY APPLICATION          110

7.1         INTRODUCTION            111

7.2         MEDICAL AND HEALTHCARE   112

7.2.1      GROWING DEMAND FOR TECHNOLOGICALLY ADVANCED VEHICLES WITH LIFESAVING CAPABILITIES TO DRIVE GROWTH  112

7.3         PUBLIC SERVICES & SAFETY      114

7.3.1      RAPID URBANIZATION AND GROWING POPULATION TO DRIVE GROWTH          114

7.4         WASTE MANAGEMENT 116

7.4.1      ADVANCED WASTE MANAGEMENT SYSTEMS AND NEED FOR PROPER WASTE DISPOSAL TO DRIVE GROWTH 116

7.5         LEISURE            118

7.5.1      TRAVEL ENTHUSIASTS AND ADVENTURE SEEKERS TO DRIVE RECREATIONAL VEHICLE MARKET       118

7.6         INDUSTRY INSIGHTS    119

8            SPECIALTY VEHICLES MARKET, BY END-USE INDUSTRY             120

8.1         INTRODUCTION            121

8.2         EMERGENCY RESPONSE SERVICES         122

8.2.1      RAPID RESPONSE AND LIFESAVING CAPABILITIES TO DRIVE GROWTH              122

8.3         UTILITIES AND MUNICIPALITIES           124

8.3.1      INCREASING AWARENESS OF WASTE DISPOSAL AND HYGIENE TO DRIVE GROWTH            124

8.4         OTHER END-USE INDUSTRIES  126

8.5         INDUSTRY INSIGHTS    127

9            SPECIALTY VEHICLES MARKET, BY PROPULSION           128

9.1         INTRODUCTION            129

9.2         ICE        130

9.2.1      PROVEN TECHNOLOGY WITH OPTIMUM PERFORMANCE AND HIGH-POWER RANGE TO DRIVE GROWTH      130

9.3         ELECTRIC         132

9.3.1      STRINGENT EMISSION REGULATION AND DEVELOPMENT IN BATTERY TECHNOLOGY TO DRIVE GROWTH   132

9.4         INDUSTRY INSIGHTS    134

10          ELECTRIC SPECIALTY VEHICLES MARKET, BY BATTERY CHEMISTRY              135

10.1       INTRODUCTION            136

10.2       LITHIUM IRON PHOSPHATE (LFP)         137

10.2.1    MINIMAL DEGRADATION AT HIGHER TEMPERATURES AND CONSISTENT POWER DELIVERY TO DRIVE GROWTH    137

10.3       NICKEL MANGANESE COBALT (NMC)   139

10.3.1    HIGH ENERGY AND POWER DENSITY AND LONGER LIFESPAN TO DRIVE GROWTH            139

10.4       OTHERS             141

10.5       INDUSTRY INSIGHTS    142

11          SPECIALTY VEHICLES MARKET, BY REGION       143

11.1       INTRODUCTION            144

11.2       ASIA PACIFIC    146

11.2.1    MACROECONOMIC OUTLOOK 147

11.2.2    CHINA  151

11.2.2.1 Increase in airports and urban cities to drive market    151

11.2.3    INDIA   153

11.2.3.1 Government focus on smart city initiatives to drive market        153

11.2.4    JAPAN  154

11.2.4.1 Presence of robust emergency system to drive market  154

11.2.5    SOUTH KOREA 156

11.2.5.1 Rising focus on environmental-friendly solutions to drive market             156

11.2.6    SINGAPORE      158

11.2.6.1 Increasing investment in waste disposable industry to drive market          158

11.2.7    AUSTRALIA       159

11.2.7.1 Goal of reducing landfill use to drive electrification of specialty vehicles  159

11.2.8    REST OF ASIA PACIFIC  161

11.3       EUROPE             163

11.3.1    MACROECONOMIC OUTLOOK 163

11.3.2    GERMANY         168

11.3.2.1 Growing use of recreational vehicles to drive market    168

11.3.3    FRANCE             170

11.3.3.1 Increase in tourism to drive market  170

11.3.4    UK         171

11.3.4.1 Stringent regulations and presence of motorhome parks to drive market  171

11.3.5    SPAIN   173

11.3.5.1 Replacement of aging specialty vehicle fleets to drive market     173

11.3.6    ITALY   175

11.3.6.1 Need for efficient waste management due to established tourism industry to drive market   175

11.3.7    REST OF EUROPE           177

11.4       NORTH AMERICA          178

11.4.1    MACROECONOMIC OUTLOOK 179

11.4.2    US         183

11.4.2.1 Regulatory requirements and aging fleet replacement to drive market      183

11.4.3    CANADA            184

11.4.3.1 Extreme weather conditions and growing industrialization to drive market              184

11.4.4    MEXICO             186

11.4.4.1 Rapid industrialization to drive demand for emergency response and waste management vehicles         186

11.5       REST OF THE WORLD   188

11.5.1    MACROECONOMIC OUTLOOK 188

11.5.2    SOUTH AFRICA 191

11.5.2.1 Enhancement of fire safety infrastructure to drive market          191

11.5.3    SAUDI ARABIA  193

11.5.3.1 Growth of infrastructure driven by Vision 2030 initiative

to drive market    193

11.5.4    UAE      195

11.5.4.1 Adoption of advanced street cleaning technology to drive market             195

11.6       INDUSTRY INSIGHTS    197

12          COMPETITIVE LANDSCAPE       198

12.1       OVERVIEW        198

12.2       SPECIALTY VEHICLES MARKET SHARE ANALYSIS, 2023  198

12.3       REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS 200

12.4       COMPANY EVALUATION MATRIX, 2023 200

12.4.1    STARS  200

12.4.2    EMERGING LEADERS    200

12.4.3    PERVASIVE PLAYERS     201

12.4.4    PARTICIPANTS 201

12.4.5    COMPANY FOOTPRINT 202

12.4.5.1 Company footprint            202

12.4.5.2 Type footprint     203

12.4.5.3 Application footprint         203

12.4.5.4 Region footprint  204

12.5       COMPETITIVE SCENARIO          204

12.5.1    PRODUCT LAUNCHES/DEVELOPMENTS            204

12.5.2    DEALS  207

12.5.3    EXPANSIONS    208

12.5.4    OTHERS             210

12.6       RIGHT TO WIN 213

12.7       BRAND COMPARISON   214

12.8       COMPANY VALUATION 215

12.9       COMPANY FINANCIAL METRICS             215

13          COMPANY PROFILES    216

13.1       KEY PLAYERS   216

13.1.1    MERCEDES-BENZ GROUP AG    216

13.1.1.1 Business overview 216

13.1.1.2 Products offered  218

13.1.1.3 Recent developments         218

13.1.1.4 MnM view           221

13.1.1.4.1            Key strengths       221

13.1.1.4.2            Strategic choices  221

13.1.1.4.3            Weaknesses and competitive threats 221

13.1.2    AB VOLVO         222

13.1.2.1 Business overview 222

13.1.2.2 Products offered  223

13.1.2.3 Recent developments         224

13.1.2.4 MnM view           225

13.1.2.4.1            Key strengths       225

13.1.2.4.2            Strategic choices  225

13.1.2.4.3            Weakness and competitive threats   225

13.1.3    ROSENBAUER INTERNATIONAL AG       226

13.1.3.1 Business overview 226

13.1.3.2 Products offered  228

13.1.3.3 Recent developments         229

13.1.3.4 MnM view           232

13.1.3.4.1            Key strengths       232

13.1.3.4.2            Strategic choices  232

13.1.3.4.3            Weaknesses and competitive threats 232

13.1.4    OSHKOSH CORPORATION         233

13.1.4.1 Business overview 233

13.1.4.2 Products offered  235

13.1.4.3 Recent developments         236

13.1.4.4 MnM view           239

13.1.4.4.1            Key strengths       239

13.1.4.4.2            Strategic choices  239

13.1.4.4.3            Weaknesses and competitive threats 239

13.1.5    REV GROUP      240

13.1.5.1 Business overview 240

13.1.5.2 Products offered  242

13.1.5.3 MnM view           247

13.1.5.3.1            Key strengths       247

13.1.5.3.2            Strategic choices  247

13.1.5.3.3            Weaknesses and competitive threats 247

13.1.6    FAYAT GROUP 248

13.1.6.1 Business overview 248

13.1.6.2 Products offered  248

13.1.6.3 Recent developments         249

13.1.7    MORITA HOLDINGS CORPORATION     250

13.1.7.1 Business overview 250

13.1.7.2 Products offered  251

13.1.8    IVECO GROUP NV          253

13.1.8.1 Business overview 253

13.1.8.2 Products offered  254

13.1.8.3 Recent developments         257

13.1.9    FEDERAL SIGNAL CORPORATION          259

13.1.9.1 Business overview 259

13.1.9.2 Products offered  260

13.1.10  LDV INC.            261

13.1.10.1             Business overview 261

13.1.10.2             Products offered  261

13.1.11  SHINMAYWA INDUSTRIES, LTD.             262

13.1.11.1             Business overview 262

13.1.11.2             Products offered  264

13.1.12  BRAUN INDUSTRIES INC.            265

13.1.12.1             Business overview 265

13.1.12.2             Products offered  265

13.1.12.3             Recent developments         266

13.1.13  ALAMO GROUP INC.      268

13.1.13.1             Business overview 268

13.1.13.2             Products offered  269

13.1.14  HEIL     270

13.1.14.1             Business overview 270

13.1.14.2             Products offered  270

13.1.15  KIRCHHOFF ECOTEC    272

13.1.15.1             Business overview 272

13.1.15.2             Products offered  272

13.2       OTHER PLAYERS           274

13.2.1    TATA MOTORS LIMITED            274

13.2.2    ASHOK LEYLAND          275

13.2.3    PACCAR INC.     276

13.2.4    AUTO RIBEIRO 277

13.2.5    FORCE MOTORS LTD.   278

13.2.6    M-B COMPANIES            279

13.2.7    MERCEDES AMBULANCE COMPANY     280

13.2.8    EMERGENCY ONE GROUP         281

13.2.9    SPARTAN FIRE, LLC       282

13.2.10  MATTHEWS SPECIALTY VEHICLES        283

13.2.11  SPECIALTY VEHICLES, INC.        284

13.2.12  FARBER SPECIALTY VEHICLES  285

13.2.13  HOL-MAC CORPORATION         286

13.2.14  VAC-CON          287

13.2.15  TERBERG ENVIRONMENTAL     288

13.2.16  DEMERS AMBULANCES 289

14          RECOMMENDATIONS BY MARKETSANDMARKETS         290

14.1       EUROPE TO DOMINATE SPECIALTY VEHICLES MARKET            290

14.2       GROWING PENETRATION OF ELECTRIC SPECIALTY VEHICLES AND INTEGRATION OF ARTIFICIAL INTELLIGENCE AND FLEET MANAGEMENT SOLUTIONS TO BE KEY FOCUS AREAS  290

14.3       CONCLUSION   291

15          APPENDIX         292

15.1       INSIGHTS FROM INDUSTRY EXPERTS   292

15.2       DISCUSSION GUIDE      292

15.3       KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL             296

15.4       CUSTOMIZATION OPTIONS      298

15.4.1    FIRE TRUCK MARKET, BY TYPE 298

15.4.1.1 Rescue fire trucks 298

15.4.1.2 Light rescue trucks             298

15.4.2    GARBAGE TRUCK MARKET, BY TONNAGE CAPACITY    298

15.4.2.1 Light-duty garbage trucks (Up to 6 tons)       298

15.4.2.2 Medium-duty garbage trucks (6 to 12 tons)   298

15.4.2.3 Heavy-duty garbage trucks (12 to 20 tons)     298

15.4.2.4 Extra heavy-duty garbage trucks (Above 20 tons)        298

15.4.3    ELECTRIC FIRE TRUCK MARKET, BY BATTERY CAPACITY          298

15.4.3.1 <50 kWh             298

15.4.3.2 50–200 kWh        298

15.4.3.3 100–500 kWh      298

15.4.3.4 >500 kWh           298

15.4.4    ELECTRIC FIRE TRUCK MARKET, BY BATTERY CAPACITY          298

15.4.4.1 Small-capacity vacuum trucks (Up to 1,500 gallons/ 5,700 liters)            298

15.4.4.2 Medium-capacity vacuum trucks (1,500 to 3,000 gallons/

5,700 to 11,400 liters)        298

15.4.4.3 Large-capacity vacuum trucks (3,000 to 5,000 gallons/

11,400 to 19,000 liters)      298

15.4.4.4 Extra-large-capacity vacuum trucks (Above 5,000 gallons/

19,000 liters)       298

15.5       RELATED REPORTS       299

15.6       AUTHOR DETAILS         300

LIST OF TABLES

TABLE 1             INCLUSIONS AND EXCLUSIONS 24

TABLE 2             CURRENCY EXCHANGE RATES 25

TABLE 3             SPECIALTY VEHICLES WITH ALTERNATIVE FUEL OPTIONS              52

TABLE 4             ADVANCED AMBULANCES        53

TABLE 5             INNOVATIONS AND PATENT REGISTRATIONS, 2021–2024              61

TABLE 6             US: IMPORT SHARE, BY COUNTRY, 2019–2023 (USD THOUSAND)     73

TABLE 7             CANADA: IMPORT SHARE, BY COUNTRY, 2019–2023 (USD THOUSAND)     73

TABLE 8             GERMANY: IMPORT SHARE, BY COUNTRY, 2019–2023 (USD THOUSAND)     74

TABLE 9             FRANCE: IMPORT SHARE, BY COUNTRY, 2019–2023 (USD THOUSAND)     74

TABLE 10           AUSTRALIA: IMPORT SHARE, BY COUNTRY, 2019–2023 (USD THOUSAND)     74

TABLE 11           GERMANY: EXPORT SHARE, BY COUNTRY, 2019–2023 (USD THOUSAND)     75

TABLE 12           CHINA: EXPORT SHARE, BY COUNTRY, 2019–2023 (USD THOUSAND)     75

TABLE 13           ITALY: EXPORT SHARE, BY COUNTRY, 2019–2023 (USD THOUSAND)     75

TABLE 14           US: EXPORT SHARE, BY COUNTRY, 2019–2023 (USD THOUSAND)     76

TABLE 15           CANADA: EXPORT SHARE, BY COUNTRY, 2019–2023 (USD THOUSAND)     76

TABLE 16           SPECIALTY VEHICLES MARKET: ROLE OF COMPANIES IN ECOSYSTEM     79

TABLE 17           INDICATIVE AVERAGE SELLING PRICE OF SPECIALTY VEHICLES,

BY TYPE, 2019–2023        81

TABLE 18           INDICATIVE AVERAGE SELLING PRICE OF SPECIALTY VEHICLES,

BY REGION, 2019–2023  81

TABLE 19           VEHICLE SAFETY STANDARDS BY COUNTRY/REGION  82

TABLE 20           NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 84

TABLE 21           EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 85

TABLE 22           ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES,

AND OTHER ORGANIZATIONS 86

TABLE 23           KEY STAKEHOLDERS IN BUYING PROCESS FOR SPECIALTY VEHICLES          91

TABLE 24           KEY BUYING CRITERIA FOR SPECIALTY VEHICLES, BY TOP 3 TYPES  92

TABLE 25           SPECIALTY VEHICLES MARKET: KEY CONFERENCES AND EVENTS, 2024–2025        93

TABLE 26           SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (UNITS)              97

TABLE 27           SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (UNITS)              98

TABLE 28           SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (USD MILLION)          98

TABLE 29           SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (USD MILLION)          98

TABLE 30           FIRE TRUCK MARKET, BY REGION, 2019–2023 (UNITS)   99

TABLE 31           FIRE TRUCK MARKET, BY REGION, 2024–2030 (UNITS)   99

TABLE 32           FIRE TRUCK MARKET, BY REGION, 2019–2023 (USD MILLION)              100

TABLE 33           FIRE TRUCK MARKET, BY REGION, 2024–2030 (USD MILLION)              100

TABLE 34           GARBAGE TRUCK MARKET, BY REGION, 2019–2023 (UNITS)              101

TABLE 35           GARBAGE TRUCK MARKET, BY REGION, 2024–2030 (UNITS)              101

TABLE 36           GARBAGE TRUCK MARKET, BY REGION, 2019–2023 (USD MILLION)          101

TABLE 37           GARBAGE TRUCK MARKET, BY REGION, 2024–2030 (USD MILLION)          101

TABLE 38           VACUUM TRUCK MARKET, BY REGION, 2019–2023 (UNITS)              102

TABLE 39           VACUUM TRUCK MARKET, BY REGION, 2024–2030 UNITS)              102

TABLE 40           VACUUM TRUCK MARKET, BY REGION, 2019–2023 (USD MILLION)          103

TABLE 41           VACUUM TRUCK MARKET, BY REGION, 2024–2030 (USD MILLION)          103

TABLE 42           STREET SWEEPER MARKET, BY REGION, 2019–2023 (UNITS)              104

TABLE 43           STREET SWEEPER MARKET, BY REGION, 2024–2030 (UNITS)              104

TABLE 44           STREET SWEEPER MARKET, BY REGION, 2019–2023 (USD MILLION)          104

TABLE 45           STREET SWEEPER MARKET, BY REGION, 2024–2030 (USD MILLION)          104

TABLE 46           AMBULANCE MARKET, BY REGION, 2019–2023 (UNITS)  105

TABLE 47           AMBULANCE MARKET, BY REGION, 2024–2030 (UNITS)  105

TABLE 48           AMBULANCE MARKET, BY REGION, 2019–2023 (USD MILLION)              106

TABLE 49           AMBULANCE MARKET, BY REGION, 2024–2030 (USD MILLION)              106

TABLE 50           FUEL CARRYING TANKER MARKET, BY REGION, 2019–2023 (UNITS)             107

TABLE 51           FUEL CARRYING TANKER MARKET, BY REGION, 2024–2030 (UNITS)             107

TABLE 52           FUEL CARRYING TANKER MARKET, BY REGION, 2019–2023 (USD MILLION) 107

TABLE 53           FUEL CARRYING TANKER MARKET, BY REGION, 2024–2030 (USD MILLION) 107

TABLE 54           RECREATIONAL VEHICLE MARKET, BY REGION, 2019–2023 (UNITS)             108

TABLE 55           RECREATIONAL VEHICLE MARKET, BY REGION, 2024–2030 (UNITS)             108

TABLE 56           RECREATIONAL VEHICLE MARKET, BY REGION, 2019–2023 (USD MILLION) 109

TABLE 57           RECREATIONAL VEHICLE MARKET, BY REGION, 2024–2030 (USD MILLION) 109

TABLE 58           SPECIALTY VEHICLES MARKET, BY APPLICATION, 2019–2023 (UNITS)             111

TABLE 59           SPECIALTY VEHICLES MARKET, BY APPLICATION, 2024–2030 (UNITS)             112

TABLE 60           SPECIALTY VEHICLES MARKET, BY APPLICATION, 2019–2023 (USD MILLION) 112

TABLE 61           SPECIALTY VEHICLES MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 112

TABLE 62           MEDICAL AND HEALTHCARE: SPECIALTY VEHICLES MARKET,

BY REGION, 2019–2023 (UNITS) 113

TABLE 63           MEDICAL AND HEALTHCARE: SPECIALTY VEHICLES MARKET,

BY REGION, 2024–2030 (UNITS) 113

TABLE 64           MEDICAL AND HEALTHCARE: SPECIALTY VEHICLES MARKET,

BY REGION, 2019–2023 (USD MILLION)  113

TABLE 65           MEDICAL AND HEALTHCARE: SPECIALTY VEHICLES MARKET,

BY REGION, 2024–2030 (USD MILLION)  114

TABLE 66           PUBLIC SAFETY & SERVICES: SPECIALTY VEHICLES MARKET,

BY REGION, 2019–2023 (UNITS) 115

TABLE 67           PUBLIC SAFETY & SERVICES: SPECIALTY VEHICLES MARKET,

BY REGION, 2024–2030 (UNITS) 115

TABLE 68           PUBLIC SAFETY & SERVICES: SPECIALTY VEHICLES MARKET,

BY REGION, 2019–2023 (USD MILLION)  115

TABLE 69           PUBLIC SAFETY & SERVICES: SPECIALTY VEHICLES MARKET,

BY REGION, 2024–2030 (USD MILLION)  116

TABLE 70           WASTE MANAGEMENT: SPECIALTY VEHICLES MARKET,

BY REGION, 2019–2023 (UNITS) 116

TABLE 71           WASTE MANAGEMENT: SPECIALTY VEHICLES MARKET,

BY REGION, 2024–2030 (UNITS) 117

TABLE 72           WASTE MANAGEMENT: SPECIALTY VEHICLES MARKET,

BY REGION, 2019–2023 (USD MILLION)  117

TABLE 73           WASTE MANAGEMENT: SPECIALTY VEHICLES MARKET,

BY REGION, 2024–2030 (USD MILLION)  117

TABLE 74           LEISURE: SPECIALTY VEHICLES MARKET, BY REGION, 2019–2023 (UNITS)     118

TABLE 75           LEISURE: SPECIALTY VEHICLES MARKET, BY REGION, 2024–2030 (UNITS)     118

TABLE 76           LEISURE: SPECIALTY VEHICLES MARKET, BY REGION, 2019–2023 (USD MILLION)     119

TABLE 77           LEISURE: SPECIALTY VEHICLES MARKET, BY REGION, 2024–2030 (USD MILLION)     119

TABLE 78           SPECIALTY VEHICLES MARKET, BY END-USE INDUSTRY, 2019–2023 (UNITS)     121

TABLE 79           SPECIALTY VEHICLES MARKET, BY END-USE INDUSTRY, 2024–2030 (UNITS)     122

TABLE 80           SPECIALTY VEHICLES MARKET, BY END-USE INDUSTRY,

2019–2023 (USD MILLION)          122

TABLE 81           SPECIALTY VEHICLES MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          122

TABLE 82           EMERGENCY RESPONSE SERVICES: SPECIALTY VEHICLES MARKET,

BY REGION, 2019–2023 (UNITS) 123

TABLE 83           EMERGENCY RESPONSE SERVICES: SPECIALTY VEHICLES MARKET,

BY REGION, 2024–2030 (UNITS) 123

TABLE 84           EMERGENCY RESPONSE SERVICES: SPECIALTY VEHICLES MARKET,

BY REGION, 2019–2023 (USD MILLION)  123

TABLE 85           EMERGENCY RESPONSE SERVICES: SPECIALTY VEHICLES MARKET,

BY REGION, 2024–2030 (USD MILLION)  124

TABLE 86           UTILITIES AND MUNICIPALITIES: SPECIALTY VEHICLES MARKET,

BY REGION, 2019–2023 (UNITS) 124

TABLE 87           UTILITIES AND MUNICIPALITIES: SPECIALTY VEHICLES MARKET,

BY REGION, 2024–2030 (UNITS) 125

TABLE 88           UTILITIES AND MUNICIPALITIES: SPECIALTY VEHICLES MARKET,

BY REGION, 2019–2023 (USD MILLION)  125

TABLE 89           UTILITIES AND MUNICIPALITIES: SPECIALTY VEHICLES MARKET,

BY REGION, 2024–2030 (USD MILLION)  125

TABLE 90           OTHERS: SPECIALTY VEHICLES MARKET, BY REGION, 2019–2023 (UNITS)     126

TABLE 91           OTHERS: SPECIALTY VEHICLES MARKET, BY REGION, 2024–2030 (UNITS)     126

TABLE 92           OTHERS: SPECIALTY VEHICLES MARKET, BY REGION, 2019–2023 (USD MILLION)     126

TABLE 93           OTHERS: SPECIALTY VEHICLES MARKET, BY REGION, 2024–2030 (USD MILLION)     127

TABLE 94           SPECIALTY VEHICLES MARKET, BY PROPULSION, 2019–2023 (UNITS)             129

TABLE 95           SPECIALTY VEHICLES MARKET, BY PROPULSION, 2024–2030 (UNITS)             129

TABLE 96           SPECIALTY VEHICLES MARKET, BY PROPULSION, 2019–2023 (USD MILLION) 130

TABLE 97           SPECIALTY VEHICLES MARKET, BY PROPULSION, 2024–2030 (USD MILLION) 130

TABLE 98           ICE SPECIALTY VEHICLES MARKET, BY REGION, 2019–2023 (UNITS)             131

TABLE 99           ICE SPECIALTY VEHICLES MARKET, BY REGION, 2024–2030 (UNITS)             131

TABLE 100         ICE SPECIALTY VEHICLES MARKET, BY REGION, 2019–2023 (USD MILLION) 131

TABLE 101         ICE SPECIALTY VEHICLES MARKET, BY REGION, 2024–2030 (USD MILLION) 132

TABLE 102         ELECTRIC SPECIALTY VEHICLES MARKET, BY REGION, 2019–2023 (UNITS)     133

TABLE 103         ELECTRIC SPECIALTY VEHICLES MARKET, BY REGION, 2024–2030 (UNITS)     133

TABLE 104         ELECTRIC SPECIALTY VEHICLES MARKET, BY REGION, 2019–2023 (USD MILLION)     133

TABLE 105         ELECTRIC SPECIALTY VEHICLES MARKET, BY REGION, 2024–2030 (USD MILLION)     133

TABLE 106         ELECTRIC SPECIALTY VEHICLES MARKET, BY BATTERY CHEMISTRY,

2019–2023 (UNITS)         136

TABLE 107         ELECTRIC SPECIALTY VEHICLES MARKET, BY BATTERY CHEMISTRY,

2024–2030 (UNITS)         136

TABLE 108         ELECTRIC SPECIALTY VEHICLES MARKET, BY BATTERY CHEMISTRY,

2019–2023 (USD MILLION)          137

TABLE 109         ELECTRIC SPECIALTY VEHICLES MARKET, BY BATTERY CHEMISTRY,

2024–2030 (USD MILLION)          137

TABLE 110         LITHIUM IRON PHOSPHATE (LFP): SPECIALTY VEHICLES MARKET,

BY REGION, 2019–2023 (UNITS) 138

TABLE 111         LITHIUM IRON PHOSPHATE (LFP): SPECIALTY VEHICLES MARKET,

BY REGION, 2024–2030 (UNITS) 138

TABLE 112         LITHIUM IRON PHOSPHATE (LFP): SPECIALTY VEHICLES MARKET,

BY REGION, 2019–2023 (USD MILLION)  138

TABLE 113         LITHIUM IRON PHOSPHATE (LFP): SPECIALTY VEHICLES MARKET,

BY REGION, 2024–2030 (USD MILLION)  139

TABLE 114         NICKEL MANGANESE COBALT (NMC): SPECIALTY VEHICLES MARKET,

BY REGION, 2019–2023 (UNITS) 139

TABLE 115         NICKEL MANGANESE COBALT (NMC): SPECIALTY VEHICLES MARKET,

BY REGION, 2024–2030 (UNITS) 140

TABLE 116         NICKEL MANGANESE COBALT (NMC): SPECIALTY VEHICLES MARKET,

BY REGION, 2019–2023 (USD MILLION)  140

TABLE 117         NICKEL MANGANESE COBALT (NMC): SPECIALTY VEHICLES MARKET,

BY REGION, 2024–2030 (USD MILLION)  140

TABLE 118         OTHERS: ELECTRIC SPECIALTY VEHICLES MARKET, BY REGION,

2019–2023 (UNITS)         141

TABLE 119         OTHERS: ELECTRIC SPECIALTY VEHICLES MARKET, BY REGION,

2024–2030 (UNITS)         141

TABLE 120         OTHERS: ELECTRIC SPECIALTY VEHICLES MARKET, BY REGION,

2019–2023 (USD MILLION)          141

TABLE 121         OTHERS: ELECTRIC SPECIALTY VEHICLES MARKET, BY REGION,

2024–2030 (USD MILLION)          142

TABLE 122         SPECIALTY VEHICLES MARKET, BY REGION, 2019–2023 (UNITS)              145

TABLE 123         SPECIALTY VEHICLES MARKET, BY REGION, 2024–2030 (UNITS)              145

TABLE 124         SPECIALTY VEHICLES MARKET, BY REGION, 2019–2023 (USD MILLION)          146

TABLE 125         SPECIALTY VEHICLES MARKET, BY REGION, 2024–2030 (USD MILLION)          146

TABLE 126         ASIA PACIFIC: SPECIALTY VEHICLES MARKET, BY COUNTRY, 2019–2023 (UNITS)         150

TABLE 127         ASIA PACIFIC: SPECIALTY VEHICLES MARKET, BY COUNTRY, 2024–2030 (UNITS)         150

TABLE 128         ASIA PACIFIC: SPECIALTY VEHICLES MARKET, BY COUNTRY,

2019–2023 (USD MILLION)          150

TABLE 129         ASIA PACIFIC: SPECIALTY VEHICLES MARKET, BY COUNTRY,

2024–2030 (USD MILLION)          151

TABLE 130         CHINA: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (UNITS)             151

TABLE 131         CHINA: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (UNITS)             152

TABLE 132         CHINA: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (USD MILLION) 152

TABLE 133         CHINA: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (USD MILLION) 152

TABLE 134         INDIA: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (UNITS)             153

TABLE 135         INDIA: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (UNITS)             153

TABLE 136         INDIA: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (USD MILLION) 154

TABLE 137         INDIA: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (USD MILLION) 154

TABLE 138         JAPAN: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (UNITS)             155

TABLE 139         JAPAN: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (UNITS)             155

TABLE 140         JAPAN: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (USD MILLION) 155

TABLE 141         JAPAN: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (USD MILLION) 156

TABLE 142         SOUTH KOREA: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (UNITS)     156

TABLE 143         SOUTH KOREA: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (UNITS)     157

TABLE 144         SOUTH KOREA: SPECIALTY VEHICLES MARKET,

BY TYPE, 2019–2023 (USD MILLION)       157

TABLE 145         SOUTH KOREA: SPECIALTY VEHICLES MARKET,

BY TYPE, 2024–2030 (USD MILLION)       157

TABLE 146         SINGAPORE: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (UNITS)     158

TABLE 147         SINGAPORE: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (UNITS)     158

TABLE 148         SINGAPORE: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (USD MILLION)     159

TABLE 149         SINGAPORE: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (USD MILLION)     159

TABLE 150         AUSTRALIA: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (UNITS)     160

TABLE 151         AUSTRALIA: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (UNITS)     160

TABLE 152         AUSTRALIA: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (USD MILLION)     160

TABLE 153         AUSTRALIA: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (USD MILLION)     161

TABLE 154         REST OF ASIA PACIFIC: SPECIALTY VEHICLES MARKET,

BY TYPE, 2019–2023 (UNITS)      161

TABLE 155         REST OF ASIA PACIFIC: SPECIALTY VEHICLES MARKET,

BY TYPE, 2024–2030 (UNITS)      162

TABLE 156         REST OF ASIA PACIFIC: SPECIALTY VEHICLES MARKET,

BY TYPE, 2019–2023 (USD MILLION)       162

TABLE 157         REST OF ASIA PACIFIC: SPECIALTY VEHICLES MARKET,

BY TYPE, 2024–2030 (USD MILLION)       162

TABLE 158         EUROPE: SPECIALTY VEHICLES MARKET, BY COUNTRY, 2019–2023 (UNITS)     167

TABLE 159         EUROPE: SPECIALTY VEHICLES MARKET, BY COUNTRY, 2024–2030 (UNITS)     167

TABLE 160         EUROPE: SPECIALTY VEHICLES MARKET, BY COUNTRY, 2019–2023 (USD MILLION)     167

TABLE 161         EUROPE: SPECIALTY VEHICLES MARKET, BY COUNTRY, 2024–2030 (USD MILLION)     168

TABLE 162         GERMANY: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (UNITS)             168

TABLE 163         GERMANY: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (UNITS)             169

TABLE 164         GERMANY: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (USD MILLION) 169

TABLE 165         GERMANY: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (USD MILLION) 169

TABLE 166         FRANCE: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (UNITS)             170

TABLE 167         FRANCE: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (UNITS)             170

TABLE 168         FRANCE: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (USD MILLION) 171

TABLE 169         FRANCE: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (USD MILLION) 171

TABLE 170         UK: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (UNITS)             172

TABLE 171         UK: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (UNITS)             172

TABLE 172         UK: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (USD MILLION)          173

TABLE 173         UK: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (USD MILLION)          173

TABLE 174         SPAIN: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (UNITS)             174

TABLE 175         SPAIN: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (UNITS)             174

TABLE 176         SPAIN: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (USD MILLION) 174

TABLE 177         SPAIN: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (USD MILLION) 175

TABLE 178         ITALY: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (UNITS)             175

TABLE 179         ITALY: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (UNITS)             176

TABLE 180         ITALY: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (USD MILLION) 176

TABLE 181         ITALY: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (USD MILLION) 176

TABLE 182         REST OF EUROPE: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (UNITS)         177

TABLE 183         REST OF EUROPE: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (UNITS)         177

TABLE 184         REST OF EUROPE: SPECIALTY VEHICLES MARKET,

BY TYPE, 2019–2023 (USD MILLION)       178

TABLE 185         REST OF EUROPE: SPECIALTY VEHICLES MARKET,

BY TYPE, 2024–2030 (USD MILLION)       178

TABLE 186         NORTH AMERICA: SPECIALTY VEHICLES MARKET,

BY COUNTRY, 2019–2023 (UNITS)           182

TABLE 187         NORTH AMERICA: SPECIALTY VEHICLES MARKET,

BY COUNTRY, 2024–2030 (UNITS)           182

TABLE 188         NORTH AMERICA: SPECIALTY VEHICLES MARKET,

BY COUNTRY, 2019–2023 (USD MILLION)            182

TABLE 189         NORTH AMERICA: SPECIALTY VEHICLES MARKET,

BY COUNTRY, 2024–2030 (USD MILLION)            182

TABLE 190         US: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (UNITS)             183

TABLE 191         US: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (UNITS)             183

TABLE 192         US: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (USD MILLION)          184

TABLE 193         US: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (USD MILLION)          184

TABLE 194         CANADA: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (UNITS)             185

TABLE 195         CANADA: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (UNITS)             185

TABLE 196         CANADA: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (USD MILLION) 185

TABLE 197         CANADA: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (USD MILLION) 186

TABLE 198         MEXICO: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (UNITS)             186

TABLE 199         MEXICO: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (UNITS)             187

TABLE 200         MEXICO: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (USD MILLION) 187

TABLE 201         MEXICO: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (USD MILLION) 187

TABLE 202         REST OF THE WORLD: SPECIALTY VEHICLES MARKET,

BY COUNTRY, 2019–2023 (UNITS)           190

TABLE 203         REST OF THE WORLD: SPECIALTY VEHICLES MARKET,

BY COUNTRY, 2024–2030 (UNITS)           190

TABLE 204         REST OF THE WORLD: SPECIALTY VEHICLES MARKET,

BY COUNTRY, 2019–2023 (USD MILLION)            191

TABLE 205         REST OF THE WORLD: SPECIALTY VEHICLES MARKET,

BY COUNTRY, 2024–2030 (USD MILLION)            191

TABLE 206         SOUTH AFRICA: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (UNITS)         192

TABLE 207         SOUTH AFRICA: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (UNITS)         192

TABLE 208         SOUTH AFRICA: SPECIALTY VEHICLES MARKET,

BY TYPE, 2019–2023 (USD MILLION)       192

TABLE 209         SOUTH AFRICA: SPECIALTY VEHICLES MARKET,

BY TYPE, 2024–2030 (USD MILLION)       193

TABLE 210         SAUDI ARABIA: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (UNITS)     194

TABLE 211         SAUDI ARABIA: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (UNITS)     194

TABLE 212         SAUDI ARABIA: SPECIALTY VEHICLES MARKET,

BY TYPE, 2019–2023 (USD MILLION)       194

TABLE 213         SAUDI ARABIA: SPECIALTY VEHICLES MARKET,

BY TYPE, 2024–2030 (USD MILLION)       195

TABLE 214         UAE: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (UNITS)             195

TABLE 215         UAE: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (UNITS)             196

TABLE 216         UAE: SPECIALTY VEHICLES MARKET, BY TYPE, 2019–2023 (USD MILLION)          196

TABLE 217         UAE: SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (USD MILLION)          196

TABLE 218         SPECIALTY VEHICLES MARKET: TYPE FOOTPRINT        203

TABLE 219         SPECIALTY VEHICLES MARKET: APPLICATION FOOTPRINT              203

TABLE 220         SPECIALTY VEHICLES MARKET: REGION FOOTPRINT   204

TABLE 221         SPECIALTY VEHICLES MARKET: PRODUCT LAUNCHES/DEVELOPMENTS,

JANUARY 2021–AUGUST 2024     204

TABLE 222         SPECIALTY VEHICLES MARKET: DEALS, APRIL 2021–AUGUST 2024      207

TABLE 223         SPECIALTY VEHICLES MARKET: EXPANSIONS, APRIL 2021–JULY 2024      208

TABLE 224         SPECIALTY VEHICLES MARKET: OTHERS, JULY 2020–JULY 2024              210

TABLE 225         KEY PLAYER STRATEGIES, JANUARY 2021–AUGUST 2024 213

TABLE 226         MERCEDES-BENZ GROUP AG: COMPANY OVERVIEW     216

TABLE 227         MERCEDES-BENZ GROUP AG: PRODUCTS OFFERED      218

TABLE 228         MERCEDES-BENZ GROUP AG: PRODUCT LAUNCHES/DEVELOPMENTS   218

TABLE 229         MERCEDES-BENZ GROUP AG: OTHERS 219

TABLE 230         AB VOLVO: COMPANY OVERVIEW         222

TABLE 231         AB VOLVO: PRODUCTS OFFERED          223

TABLE 232         AB VOLVO: PRODUCT LAUNCHES/DEVELOPMENTS     224

TABLE 233         AB VOLVO: EXPANSIONS           224

TABLE 234         ROSENBAUER INTERNATIONAL AG: COMPANY OVERVIEW              226

TABLE 235         ROSENBAUER INTERNATIONAL AG: PRODUCTS OFFERED              228

TABLE 236         ROSENBAUER INTERNATIONAL AG: PRODUCT LAUNCHES/DEVELOPMENTS   229

TABLE 237         ROSENBAUER INTERNATIONAL AG: DEALS       230

TABLE 238         ROSENBAUER INTERNATIONAL AG: OTHERS    230

TABLE 239         ROSENBAUER INTERNATIONAL AG: EXPANSIONS          231

TABLE 240         OSHKOSH CORPORATION: COMPANY OVERVIEW         233

TABLE 241         OSHKOSH CORPORATION: PRODUCTS OFFERED          235

TABLE 242         OSHKOSH CORPORATION: DEALS         236

TABLE 243         OSHKOSH CORPORATION: EXPANSIONS            236

TABLE 244         OSHKOSH CORPORATION: OTHERS      237

TABLE 245         REV GROUP: COMPANY OVERVIEW       240

TABLE 246         REV GROUP: PRODUCTS OFFERED        242

TABLE 247         REV GROUP: PRODUCT LAUNCHES/DEVELOPMENTS   245

TABLE 248         REV GROUP: OTHERS   246

TABLE 249         REV GROUP: EXPANSIONS         246

TABLE 250         FAYAT GROUP: COMPANY OVERVIEW  248

TABLE 251         FAYAT GROUP: PRODUCTS OFFERED   248

TABLE 252         FAYAT GROUP: PRODUCT LAUNCHES  249

TABLE 253         FAYAT GROUP: OTHERS            249

TABLE 254         MORITA HOLDINGS CORPORATION: COMPANY OVERVIEW              250

TABLE 255         MORITA HOLDINGS CORPORATION: PRODUCTS OFFERED              251

TABLE 256         IVECO GROUP NV: COMPANY OVERVIEW          253

TABLE 257         IVECO GROUP NV: PRODUCTS OFFERED           254

TABLE 258         IVECO GROUP NV: PRODUCT LAUNCHES/DEVELOPMENTS              257

TABLE 259         IVECO GROUP NV: EXPANSIONS            257

TABLE 260         IVECO GROUP NV: DEALS          258

TABLE 261         IVECO GROUP NV: OTHERS       258

TABLE 262         FEDERAL SIGNAL CORPORATION: COMPANY OVERVIEW              259

TABLE 263         FEDERAL SIGNAL CORPORATION: PRODUCTS OFFERED              260

TABLE 264         LDV INC.: COMPANY OVERVIEW            261

TABLE 265         LDV INC.: PRODUCTS OFFERED             261

TABLE 266         SHINMAYWA INDUSTRIES, LTD.: COMPANY OVERVIEW 262

TABLE 267         SHINMAYWA INDUSTRIES, LTD.: PRODUCTS OFFERED 264

TABLE 268         BRAUN INDUSTRIES INC.: COMPANY OVERVIEW            265

TABLE 269         BRAUN INDUSTRIES INC.: PRODUCTS OFFERED             265

TABLE 270         BRAUN INDUSTRIES INC.: PRODUCT LAUNCHES/DEVELOPMENTS   266

TABLE 271         BRAUN INDUSTRIES INC.: EXPANSIONS 266

TABLE 272         BRAUN INDUSTRIES INC.: DEALS           267

TABLE 273         BRAUN INDUSTRIES INC.: OTHERS        267

TABLE 274         ALAMO GROUP INC.: COMPANY OVERVIEW      268

TABLE 275         ALAMO GROUP INC.: PRODUCTS OFFERED       269

TABLE 276         HEIL: COMPANY OVERVIEW      270

TABLE 277         HEIL: PRODUCTS OFFERED      270

TABLE 278         HEIL: PRODUCT LAUNCHES/DEVELOPMENTS 271

TABLE 279         HEIL: EXPANSIONS        271

TABLE 280         HEIL: DEALS     271

TABLE 281         HEIL: OTHERS  271

TABLE 282         KIRCHHOFF ECOTEC: COMPANY OVERVIEW    272

TABLE 283         KIRCHHOFF ECOTEC: PRODUCTS OFFERED     272

TABLE 284         KIRCHHOFF ECOTEC: PRODUCT LAUNCHES/DEVELOPMENTS              273

TABLE 285         KIRCHHOFF ECOTEC: OTHERS 273

LIST OF FIGURES

FIGURE 1           SPECIALTY VEHICLES MARKET SEGMENTATION           24

FIGURE 2           RESEARCH DESIGN       27

FIGURE 3           RESEARCH DESIGN MODEL       28

FIGURE 4           RESEARCH METHODOLOGY: HYPOTHESIS BUILDING  33

FIGURE 5           BOTTOM-UP APPROACH           34

FIGURE 6           TOP-DOWN APPROACH             35

FIGURE 7           DATA TRIANGULATION             36

FIGURE 8           SPECIALTY VEHICLES MARKET, BY REGION, 2024 VS. 2030              40

FIGURE 9           SPECIALTY VEHICLES MARKET, BY TYPE, 2024 VS. 2030 41

FIGURE 10         RAPID URBANIZATION AND GROWING POPULATION TO DRIVE MARKET 43

FIGURE 11         RECREATIONAL VEHICLE ACCOUNTED FOR LARGEST MARKET SHARE

DURING FORECAST PERIOD     43

FIGURE 12         LEISURE SEGMENT TO HOLD LARGEST MARKET SHARE DURING

FORECAST PERIOD       44

FIGURE 13         UTILITIES AND MUNICIPALITIES SEGMENT TO GROW AT FASTEST CAGR DURING FORECAST PERIOD     44

FIGURE 14         ELECTRIC SPECIALTY VEHICLES TO GROW AT HIGHER CAGR THAN ICE SPECIALTY VEHICLES DURING FORECAST PERIOD   45

FIGURE 15         NMC BATTERY CHEMISTRY TO BE DOMINANT DURING FORECAST PERIOD       45

FIGURE 16         EUROPE TO BE LARGEST MARKET FOR SPECIALTY VEHICLES              46

FIGURE 17         SPECIALTY VEHICLES MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES,

AND CHALLENGES        48

FIGURE 18         URBAN VS. RURAL POPULATION, 2000–2050 (BILLION) 49

FIGURE 19         NUMBER OF SPECIAL ECONOMIC ZONES WORLDWIDE, 2006–2022 (UNITS)     50

FIGURE 20         IMPACT OF USE OF ARTIFICIAL INTELLIGENCE             54

FIGURE 21         TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS          56

FIGURE 22         PATENT ANALYSIS, 2014–2023   60

FIGURE 23         SUPPLY CHAIN ANALYSIS OF SPECIALTY VEHICLES MARKET              77

FIGURE 24         SPECIALTY VEHICLES MARKET ECOSYSTEM     78

FIGURE 25         KEY PLAYERS IN SPECIALTY VEHICLES MARKET ECOSYSTEM              79

FIGURE 26         INVESTMENT SCENARIO, JANUARY 2020–AUGUST 2024 81

FIGURE 27         INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS

FOR SPECIALTY VEHICLES        91

FIGURE 28         KEY BUYING CRITERIA FOR SPECIALTY VEHICLES, BY TOP 3 TYPES  92

FIGURE 29         OEM ANALYSIS: BATTERY CAPACITY VS. BATTERY OUTPUT              94

FIGURE 30         BATTERY CAPACITY VS. CAPACITY, BY OEM      95

FIGURE 31         SPECIALTY VEHICLES MARKET, BY TYPE, 2024–2030 (USD MILLION)          97

FIGURE 32         SPECIALTY VEHICLES MARKET, BY APPLICATION, 2024–2030 (USD MILLION) 111

FIGURE 33         SPECIALTY VEHICLES MARKET, BY END-USE INDUSTRY,

2024–2030 (USD MILLION)          121

FIGURE 34         SPECIALTY VEHICLES MARKET, BY PROPULSION, 2024 VS. 2030 (USD MILLION) 129

FIGURE 35         ELECTRIC SPECIALTY VEHICLES MARKET, BY BATTERY CHEMISTRY,

2024 VS. 2030 (USD MILLION)     136

FIGURE 36         SPECIALTY VEHICLES MARKET, 2024 VS. 2030 (USD MILLION)              145

FIGURE 37         ASIA PACIFIC: REAL GDP GROWTH RATE, BY COUNTRY, 2023–2025      147

FIGURE 38         ASIA PACIFIC: GDP PER CAPITA, BY COUNTRY, 2023–2025              148

FIGURE 39         ASIA PACIFIC: CPI INFLATION RATE, BY COUNTRY, 2023–2025              148

FIGURE 40         ASIA PACIFIC: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP,

2023 (USD TRILLION)    148

FIGURE 41         ASIA PACIFIC: SPECIALTY VEHICLES MARKET SNAPSHOT              149

FIGURE 42         EUROPE: REAL GDP GROWTH RATE, BY COUNTRY, 2023–2025              164

FIGURE 43         EUROPE: GDP PER CAPITA, BY COUNTRY, 2023–2025     164

FIGURE 44         EUROPE: INFLATION RATE AVERAGE CONSUMER PRICES,

BY COUNTRY, 2023–2025             165

FIGURE 45         EUROPE: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP, 2023          165

FIGURE 46         EUROPE: SPECIALTY VEHICLES MARKET SNAPSHOT     166

FIGURE 47         NORTH AMERICA: REAL GDP GROWTH RATE, BY COUNTRY, 2023–2025          179

FIGURE 48         NORTH AMERICA: GDP PER CAPITA, BY COUNTRY, 2023–2025              180

FIGURE 49         NORTH AMERICA: CPI INFLATION RATE, BY COUNTRY, 2023–2025      180

FIGURE 50         NORTH AMERICA: MANUFACTURING INDUSTRY’S CONTRIBUTION TO GDP, 2023 180

FIGURE 51         NORTH AMERICA: SPECIALTY VEHICLES MARKET SNAPSHOT              181

FIGURE 52         REST OF THE WORLD: REAL GDP ANNUAL PERCENTAGE CHANGE, 2023–2025       188

FIGURE 53         REST OF THE WORLD: GDP PER CAPITA, 2023–2025        189

FIGURE 54         REST OF THE WORLD: AVERAGE CPI INFLATION RATE, 2023–2025      189

FIGURE 55         REST OF THE WORLD: MANUFACTURING INDUSTRY VALUE

(AS PART OF GDP), 2023             189

FIGURE 56         REST OF THE WORLD: SPECIALTY VEHICLES MARKET, 2024–2030 (USD MILLION)     190

FIGURE 57         SPECIALTY VEHICLES MARKET SHARE ANALYSIS, 2023  198

FIGURE 58         REVENUE ANALYSIS OF TOP LISTED/PUBLIC PLAYERS, 2019–2023      200

FIGURE 59         SPECIALTY VEHICLES MARKET: COMPANY EVALUATION MATRIX, 2023    201

FIGURE 60         SPECIALTY VEHICLES MARKET: COMPANY FOOTPRINT              202

FIGURE 61         BRAND COMPARISON   214

FIGURE 62         COMPANY VALUATION, 2023 (USD BILLION)     215

FIGURE 63         COMPANY FINANCIAL METRICS, 2023 (USD BILLION)   215

FIGURE 64         MERCEDES-BENZ GROUP AG: COMPANY SNAPSHOT    217

FIGURE 65         AB VOLVO: COMPANY SNAPSHOT         223

FIGURE 66         ROSENBAUER INTERNATIONAL AG: COMPANY SNAPSHOT              227

FIGURE 67         OSHKOSH CORPORATION: COMPANY SNAPSHOT         234

FIGURE 68         REV GROUP: COMPANY SNAPSHOT      241

FIGURE 69         MORITA HOLDINGS CORPORATION: COMPANY SNAPSHOT              250

FIGURE 70         IVECO GROUP NV: COMPANY SNAPSHOT          254

FIGURE 71         FEDERAL SIGNAL CORPORATION: COMPANY SNAPSHOT              259

FIGURE 72         SHINMAYWA INDUSTRIES, LTD.: COMPANY SNAPSHOT              263

FIGURE 73         ALAMO GROUP INC.: COMPANY SNAPSHOT      268