In 2022, the size of the global fire trucks market was estimated to be $11.1 billion, and it is expected to reach $31.2 billion by the end of 2030, with a CAGR of roughly 6.7% between 2023 and 2030.
Fire Trucks Market: Overview
The vehicles that are specifically constructed for use in firefighting are known as fire engines and are referred to as fire trucks. In the event of a medical emergency and during rescue operations such as fire safety, they are also utilized. These trucks are helpful for transporting firemen to the scene of the incident, carrying water for use in extinguishing the fire and transporting a variety of instruments, such as ladders, ventilation equipment, hydraulic rescue tools, self-contained breathing apparatus, and first aid kits. These fire vehicles are outfitted to respond to a wide variety of emergencies and to assist in the process of rescuing people’s lives when they occur. It has been reported that product makers are expanding their fire truck product range in order to solve the mounting issues that come with conducting rescue and firefighting operations. CHROME HEARTS HOODIE
Fire Trucks Market: Growth Factors
Increasing product penetration in residential and commercial spaces to support the expansion of the global market between 2023 and 2030
The global market for fire trucks is expected to expand as a result of rising safety concerns and a discernible rise in the number of incidents that are caused by fire. The expansion of the global market will be pushed forward by rising concerns about safety as well as the implementation of new policies for catastrophe management. In the years to come, there will be an increase in the need for fire trucks due to the significant rise in the number of commercial and residential construction projects. An increase in the proportion of cash allocated by key industry players towards the production of innovative fire truck fleets will drive trends in the global market. The size of the global market is expected to expand as a result of an increase in the number of new products that are developed as well as an increase in the production capacity of firms in order to produce more fleet trucks to meet the rising demand for these products. As an illustration, during the first half of the year 2022, Rosenbauer Group delivered a significant quantity of fire truck fleets to the town of Norwich, which is located in Germany.
Get Sample Report:
https://www.zionmarketresearch.com/sample/fire-trucks-market
Fire Trucks Market: Segmentation
The global market for fire trucks may be broken down into three categories: product type, application, and area.
In terms of the several types of products that they manufacture, aerial platforms, pumpers, tankers, rescue fire trucks, and other specialty truck segments make up the worldwide fire vehicles business. It would appear that the segment for rescue fire trucks, which was responsible for a significant portion of the market in 2022, is going to be the one to dominate the segmental surge during the predicted timespan. It’s possible that the segmented increase is due to the fact that rescue operations now use fire trucks that are outfitted with ground ladders, Hurst tools, rescue ropes, specialized saws, and harnesses. EROME
Fire Trucks Market: Regional Insights
Fire trucks market in the Asia-Pacific to experience an enormous expansion over 2023- 2030
The Asia-Pacific region, which contributed nearly 40% of the overall fire trucks market share in 2022, is set to retain its regional market domination over the ensuing years. The growth of the regional market in upcoming years can be due to the presence of low-cost product manufacturers in countries such as China. In addition to this, escalating product penetration across the residential and commercial sectors in countries such as India, China, and South Korea will proliferate the regional market size. In addition to this, China is the largest producer and consumer of fire trucks globally. Its fire truck production & supply is impacted by low production and raw material costs and strong & cost-efficient supply chain activities. city-of-witches-novel
Fire Trucks Market: Competitive Space
The global fire trucks market profiles key players such as:
Precision Fire Apparatus
Pierce Manufacturing
Oshkosh Corporation
KME
ZoomLion
Steele Fire Apparatus
Danko Emergency Equipment Co.
Albert Ziegler GmbH
E-One Inc.
Rosenbauer International AG
Spartan Motors
Morita Group
BME Fire Trucks
Xuzhou Handler Special Vehicle Co. Ltd.
Keystone Fire Apparatus Inc.
Seagrave Fire Apparatus Inc.
Angloco Limited
Bronto Skylift Oy
Ferrara Fire Apparatus
Alexis Fire Equipment Co
W.S Darley & Co.
Gimaex International.
The global fire trucks market is segmented as follows:
By Product Type
Pumpers
Rescue Fire Trucks
Aerial Platforms
Tankers
Other Specialty Trucks
By Application
Military
Enterprise & Airports
Wild Land
Residential & Commercial
By Region
North America
The U.S.
Canada
Europe
France
The UK
Spain
Germany
Italy
Rest of Europe
Asia Pacific
China
Japan
India
South Korea
Southeast Asia
Rest of Asia Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
GCC
South Africa
Rest of Middle East & Africa
Contact US
Zion Market Research
US OFFICE NO +1 (302) 444-0166
US/CAN TOLL-FREE +1 (855) 465-4651
Email: sales@zionmarketresearch.com
Read Also:
https://www.linkedin.com/pulse/global-polyamide-12-pa-12nylon-market-size-share-trend-rohit-patil/
https://www.linkedin.com/pulse/global-ultrasound-devices-market-size-share-trend-growth-rohit-patil/