Worldwide Fire Trucks Market Statistics and Regional Growth Analysis By 2025

Views : 104 Published on : 23/04/2019

Global Fire Trucks Market Sizewas valued nearly USD 4 billion by 2016 andis estimated to reach up to USD XX.XX billion by 2025. According to lateststudy conducted by our analysts and industry experts, the global market isexpected to grow at a CAGR of 7.1% during the forecast period, i.e. 2017-2025. Increasingdemand for fire trucks due to growing penetration in end-users such asresidential & commercial, enterprises & airports, and military, is projectedto boost market growth during the forecast period. Asia Pacific market isprojected to growth in healthy manner rate over the forecast timespan due to increasinginfrastructure in the emerging economies such as India, China and South Koreais estimated to boost the demand for fire trucks during the forecast years.

This globalmarket study report analysis offers in-depth insights, revenue details, andother vital information regarding the global fire trucks market, and thevarious trends, drivers, restraints, opportunities, and threats in the targetmarket till 2025. The report offers insightful and detailed informationregarding the various key players operating in the market, their financials,supply chain trends, technological innovations, key developments, apart fromfuture strategies, acquisitions & mergers, and market footprint. The globalfire trucks market report has been segmented on the basis of type, application,and region. It includes the estimation of the market size, in terms of value,with respect to 4 main geographies, namely, North America, Europe, APAC, andRoW.   

Market Dynamic

Global Fire Trucks Market showedcrucial growth in the recent years and is anticipated to witness a steep riseby generating an estimated revenue of US$ xx.xx over the forecast period.According to latest study conducted by our analysts and industry experts, theglobal market is expected to grow at a CAGR of 7.1% during the forecast period,that is 2017-2025.The objective of this report is to define, describe, andforecast the market size and growth potential of the fire trucks market acrosssegments such as type, advance technology, application, and region. It includesthe estimation of the market size, in terms of value, with respect to 4 maingeographies, namely, North America, Europe, APAC, and RoW. The study identifiesand analyzes the market dynamics, such as drivers, restraints, opportunities,and industry-specific challenges pertaining to the market. It also profiles keyplayers operating in the fire trucks market. The growth of this market is drivenby the factors such as the growing demand for automation in material handlingacross industries, emerging e-commerce industry, rising requirement forworkplace safety standards, and growing productivity owing to improved supplychain processes.  

Segment Analysis

The global firetrucks market is segmented on the basis of residential & commercial, enterprises& airports, military. In 2017 the residential & commercial segment was valuedthe largest market share and is estimated to grow healthy CAGR rate during theforecast period. Strong demand generating in developed countries such as theUK, France, the U.S. and other developed economies is expected to be acontributing factor for growth in North America and Europe regions. Theairports and military segment in the fire fire trucks market for Aircraft ARFF vehiclesis projected to grow faster than other segment the vehicles are using airportsafety and rescue operations that is resulted to boost the market demand overthe forecast period.

Regional Analysis

The global firefire trucks market is divided into regions that are North America - U.S,Canada, Other; Asia-Pacific -India, Japan, China, Australia, Other; Europe -UK, Russia, France, Brazil, Other; Middle East and Africa. Every regionanalysis details in sense of growth, revenue, volume, challenges, andopportunities with the regional and global key players. In 2017, North Americamarket was held largest market share a cross globe and is anticipated to growfastest rate during the forecast period owing to increasing demand from enduser industries such as residential & commercial, enterprises &airports and military. In additional growing requirement of advanced safetyinfrastructure in residential buildings, commercial complexes and is expectedto continue growing which is estimated to propel the demand for fire trucks inthe region during the forecast period. 

In 2016 AsiaPacific market is dominated by global market, in terms of revenue and is estimatedto continue its dominance over the forecast period. The rapidly growingregional market because of low-cost manufacturers in developing countries suchas China, South Korea, and India are among the key factors driving this trend,globally. Europe, Middle East & Africa market is driven primarily by theincreasing application scope in industrial sectors.

Global Fire Trucks Market Study Objective

1. To forecastthe market size of fire trucks market, along with describing and defining themarket, in terms of volume and revenue.

2. Marketanalysis and forecast of fire trucks market on the basis of region, substrateand application or end-use industry.

3. To analyzeand elaborate significant factors that will have major impact on the growth of firetrucks market, such as drivers, restraints, challenges and opportunities.

4. Regionalanalysis of fire trucks market, to induce market size of five global majorregions, which include, Europe, North America, South America, Middle East &Africa and Asia Pacific.

5. Strategicanalysis of micromarkets, in terms of individual prospects, opportunities,growth trends and their involvement in overall market.

6. To providedetailed analysis of competitive and strategic developments in the fire trucks marketlike new product launch, partnership & agreement, investment &expansion, and company merger & acquisitions.

7. Analysis ofmarket opportunities for stakeholders, in order to provide a competitivelandscape for global market players.

8. To profilemajor market players, and to analyze their market shares and essentialcompetencies comprehensively.

Key Players

The majorkay players in the fire trucks market which will contribute healthy growth inregional and global market over the forecast period that key players are RosenbauerInternational AG, Oshkosh Corporation, Magirus GmbH and Weihai Guangtai, DankoEmergency Equipment, Co., E One Inc., Spartan Motors, Xuzhou Handler SpecialVehicle Co. Ltd., ZoomLion, Bronto Skylift Oy, Morita Group, Boise MobilEquipment, Inc., Alexis Fire Equipment Co., W. S. Darley & Co., KME, AlbertZiegler GmbH and Gimaex International.

Global Fire Trucks Market Study Report OfferYou!

The globalmarket study report gives an idea about market size, share, stock, equity,investment and total price analysis. Also, the report provides comprehensivelyindustry insights with all major factors such as market credit, allocation,demand, distribution, market scope, key players, end user & applications,provisions, livestock, commodities and industry economics analysis, futuregrowth & forecast. The global market report includes all depth data likepre-market emphasis, market survey, market investment, industry advice, portfolio,finance, access, trade, market exploration, industry review and marketpredication & projection to develop effective strategies for optimizingtheir market position. 

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