The specialty vehicle market is expected to reach USD 116.8 billion by 2027, registering a CAGR of 3.16% during the forecast period (2022-2027). In January 2022, Wheeled Coach, a brand of REV Ambulance Group Orlando, Inc., a subsidiary of REV Group Inc., and a premier manufacturer of ambulances for municipal and commercial emergency departments, announced the appointment of Banner Fire Equipment Inc. as the brand’s exclusive dealer in Oklahoma. Banner Fire Equipment is now authorized to sell, service, and provide warranty coverage for the complete line of Wheeled Coach Type I, II, III, and Medium-Duty ambulances for the state. Read more for such path-breaking information: https://bit.ly/3LyMnDS

1. SPECIALTY
VEHICLE
MARKET
GROWTH, TRENDS, COVID-19 IMPACT,
AND FORECAST (2022-2027)

2. MARKET SEGMENTATION
By Type
Ambulances
Fire Extinguishing Trucks
Mobile Fuel Carrying Tankers
Other Types
By Application Type
Law Enforcement And Public Safety
Medical And Healthcare
Recreational Vehicles
Other Services
By Geography
North America
Europe
Asia-Pacific
Rest of the World

3. MARKET OVERVIEW
3.16%
CAGR
during the forecast period (2022 - 2027)
The specialty vehicle market is expected to
reach USD 116.8 billion by 2027

4. GEOGRAPHICAL OVERVIEW
Electric vehicles are witnessing rapid
growth in China, and pro-EV policies
in the country have helped the
passenger vehicles market. But in
the coming years, it is expected that
specialty vehicles will also be
adopting the electric powertrain
In January 2021, South Korea’s
Defense Acquisition Program
Administration (DAPA) signed a
contract to produce locally made
command post vehicles by next year.
These vehicles will replace makeshift
tent-type posts for front-line infantry
units

5. REV GROUP
Wheeled Coach, a brand of REV Ambulance Group Orlando, Inc., a subsidiary of REV Group Inc., &
a premier manufacturer of ambulances for municipal and commercial emergency departments,
announced the appointment of Banner Fire Equipment Inc. as the brand’s exclusive dealer in
Oklahoma
In January 2022
REV Fire Group, a subsidiary of Rev Group, announced the expansion of the Holden, Louisiana
facility. This investment is expected to add USD 1.36 million units of new manufacturing equipment
In November 2021
E-ONE, a subsidiary of REV Group and a leading manufacturer of fire apparatus, announced the
delivery of four TITAN 4×4 Air Transportable (AT) ARFF vehicles for Public Works and Government
Services Canada on behalf of the Department of National Defense Canada (DND)
In August 2021

6. RECENT DEVELOPMENTS
In January 2022, Emergency One launched World's first
electric fire engine designed and built in Scotland. The
new 'E1 EV0' fire engine developed by Emergency One
uses battery power for both its engine and water hose
pump and is a direct result of significant innovation work
by Emergency One. Scottish Enterprise’s innovation
teams worked closely with the company to develop the
project and were awarded a EUR 500,000 R&D grant in
2021 as a contribution toward the company’s new
vehicle development
In the United Kingdom, the North East Ambulance
Service is working with Ford to design an electric
double-crewed ambulance from the EV Ford Transit. The
service plans to have a fully electric fleet by 2030

7. COMPETITVE LANDSCAPE
The specialty vehicle market is fairly fragmented
& many more...

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