Fire Truck Market by 2030 Getting Ready For Future Growth | Magirus GmbH, Oshkosh Corporation, WeihaiGuangtai, Rosenbauer International AG
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The global fire truck market is experiencing a significant growth, and will grow considerably in the next few years. The prime and key purpose of a fire truck takes in transporting fire fighters to the accident spot, providing necessary water supply to combat the outbreak. However, use of fire trucks or fire engines is not really limited to this sole purpose. Even on emergency medical and rescue grounds, these services are taken recourse to by the fire and safety houses. Tools that are generally used in fire engines comprise stepladders, hydraulic rescue gears, self-contained breathing contraptions, aeratingk its, first aid equipment etc. In a nutshell, fire trucks are exclusively designed to fight various forms of emergencies, thereby bringing the situation under control and saving valuable lives.
The global fire truck market is segmented on the basis of type, application, and geography. Based on type, the market is further classified into Rescue Trucks, Tanker, Pumper, and Multi-tasking Trucks. Based on application, the market is divided into Residential & Commercial, Enterprises & Airports, and Military. Geographically, the global market is analyzed across North America, Asia-Pacific, Europe, LATAM, and MEA.
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Top impacting factors:
Increase in demand for fire safety across the world and mounting need for cutting-edge fire fighting tools fuel the growth of the global fire truck market. Moreover, high-end infrastructural development in the emerging countries such as China and Indiaa long with growing awareness about fire safety measures supplement the growth even more. On the other hand, high initial costs levied for the manufacturing of engines restrain the growth to some extent. However, surge in need for safety infrastructure in airports as well as corporate organizations and rise in stringent government regulations towardes tablishing fire safety compliance is expected to usher in an array of opportunities for the frontrunners in the industry.
Surge in demand for fire safety make companies invest considerable on fire trucks-
Emergence of new and exclusive electronics, product innovation, and utilization of modern technology pave the way for enhanced safety infrastructure which, in turn, propels the market growth in more than one way.
The Superior Committee now plans to swap an aging and mellowing fire truck chartering its next one. According to the finance director Ashley Puetz, the 10-year charter will put a figure of an estimated $124, 39/year on the city.
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Great Falls Fire Rescue, on the other hand, is planning to utilize $494,335 from federal CDBG(Community Development Block Grant) funds to procure an engine pumper truck from Spokane.
Fire trucks to become more updated and neoteric-
Technological and industrial development across the globe has made the government bodies carry out strictnorms and regulations to tail off infrastructural damage and loss which is anticipated to boost the growth of the industry.
Hornsby Fire and Rescue is all set to accrue a new airborne fire engine, as they draw up a busy season ahead.
At the same time, keeping a tab onin numerable customized fire engines in a large manufacturing site can be a tough job indeed. To make it easier, Morita Group has brought into play a BLE (Bluetooth Low Energy) solution, by means of Quuppa Locators and Kokusai Kogyo software, that can locate each fire truck within the radius of 1 meter.
Key benefits of the report:
• This study presents an informative depiction of the global fire truck industry along with the current trends and future estimations to support the investment pockets.
• The report also reveals information with respect to key drivers, restraints, and opportunities coupled with a comprehensive analysis of the global fire truck market share.
• The current market is quantitatively analyzed from 2020 to 2027 to highlight the global fire truck market growth scenario.
• Porter’s five forces analysis demonstrates the influence of buyers & suppliers in the market.
• The report provides a detailed market study based on economical intensity and how the global competition will take shape in the near future.
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Questions answered in the Fire Truck Market research report:
• What are the key market players active in the fire truck market?
• What are the prevailing market dynamics in the market?
• What are the current trends that are likely to determine the global fire truck market analysis in the next few years?
• What are the driving factors, restraints, and opportunities in the market?
• What are the forecasts for the future that would aid in taking further preemptive steps to expand the market
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