Global Fire Trucks Market was valued US$ 5.44 Bn in 2018 and is estimated to reach US$ XX Bn by 2026 at a CAGR of about XX %.
Global fire trucks market finds opportunity for fire trucks with advanced digital technology tools for supporting performance-based design, and field surveys are developing the quality and teamwork in the built environment. New and advanced technology acceptance is the key driver for the fire trucks market growth.
Growing demand for multi-tasking trucks is a new trend in the fire trucks market. The growing number of fire hazards and the rise in incidence of wildfire in forests in various parts of the world is favoring the growth of the market. Growing standards with respect to safety across the globe is anticipated to aid the demand over the forecast period. Low rate of replacements is a factor hindering the market growth. Though the fleets are ageing, the fire trucks are not being replaced smoothly. This may hamper the growth of fire trucks market.
Based on application, the fire truck market is segmented into Residential & Commercial, Enterprises & Airports, Military, and Other. The residential & commercial application accounted for the XX% market share and is anticipated to grow over the forecast on account of growing global population, which led to the requirement for construction of residential and commercial buildings. Enterprises & airports segment is the over 20% of the total share in terms of volume. However, the application segment is anticipated to gain XX% share over the estimated period owing to the growing number of airports and air passenger traffic.
Region-wise, the fire truck market is segmented into North America, Europe, Asia Pacific, Middle East & Africa and Latin America. The market in Asia Pacific is expected to expand at a high CAGR of XX% during the forecast period. The high production capacity of fire trucks in the region, notably China, is fuelling the growth of the Asia Pacific market. The Middle East and Africa fire trucks market is anticipated to witness a significant growth over the forecast period.
Major Key player operating in the Fire Trucks Market are W. S. Darley & Co., Spartan Motors, Boise Mobile Equipment, Alexis Fire Equipment Co., ZoomLion, Bronto Skylift, Xuzhou Handler Special Vehicle Co. Ltd., Danko Emergency Equipment Co., Magirus GmbH, Rosenbauer International AG, and Oshkosh Corporation.
The objective of the report is to present a comprehensive analysis of Global Fire Trucks Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market are presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding Global Fire Trucks Market dynamics, structure by analyzing the market segments and project the Global Fire Trucks Market size. Clear representation of competitive analysis of key players By Type, Price, Financial position, Product portfolio, Growth strategies, and regional presence in the Global Fire Trucks Market make the report investor’s guide.
Scope of the Global Fire Trucks Market
Global Fire Trucks Market, by Type
• Aerial Platforms
Global Fire Trucks Market, by Application
• Residential & Commercial
• Enterprises & Airports
Global Fire Trucks Market, by Geography
• North America
• Middle East & Africa
• Latin America
Key Players in Global Fire Trucks Market
• W. S. Darley & Co.
• Spartan Motors
• Boise Mobile Equipment
• Alexis Fire Equipment Co.
• Bronto Skylift
• Xuzhou Handler Special Vehicle Co. Ltd.
• Danko Emergency Equipment Co.
• Magirus GmbH
• Rosenbauer International AG
• Oshkosh Corporation
• Ziegler Firefighting
• Gimaex GmbH
• Morita Holdings Corporation
• HME Incorporated
• Smeal Fire Apparatus
• Albert Ziegler GmbH
• Weihai Guangtai
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