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Fire Truck Market Projected to Hit $9.9 Billion by 2032 : Unlocking Opportunities

04-25-2024 11:19 AM CET | Logistics & Transport

Press release from: Allied Market Research

/ PR Agency: Allied Market Research
Fire Truck Market

Fire Truck Market

A report lately published by Allied Market Research, on the global ๐…๐ข๐ซ๐ž ๐“๐ซ๐ฎ๐œ๐ค ๐Œ๐š๐ซ๐ค๐ž๐ญ, explores the scopes and growth opportunities of the sector considering statistics from previous years and deducting the same for the forecast period, between 2023 and 2032. It discusses the dynamics of the market, analyzes each segment thoroughly, and considers the performances of the leading industry players including their product portfolio, and strategic steps in keeping their position intact. The report estimates the global fire truck market size at $6.2 billion in 2022 and projects that the industry would reach $9.9 billion in 2032, with a 5% CAGR during the forecast period.

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐๐š๐ ๐ž๐ฌ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/request-sample/A06276

The rise in the awareness of environmental sustainability and the need to reduce carbon emissions have driven the demand for electric and hybrid fire trucks in Europe. Moreover, there is a surge in the development of the electric vehicle market in the firefighting sector. For instance, in October 2020, Rosenbauer, a manufacturer of fire-service vehicles and Volvo, a Swedish multinational manufacturer of luxury vehicles partnered to develop an innovative electric fire truck that offers zero-emission firefighting capabilities. The electric fire truck aims to address sustainability concerns and reduce environmental impact by eliminating tailpipe emissions associated with traditional diesel-powered fire trucks. Such developments highlight the potential for electrification in specialized vehicle segments and promote the adoption of sustainable solutions in the fire truck industry.

๐๐ซ๐จ๐ฆ๐ข๐ง๐ž๐ง๐ญ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐๐ฅ๐š๐ฒ๐ž๐ซ๐ฌ

๐Œ๐š๐ ๐ข๐ซ๐ฎ๐ฌ, ๐‘๐จ๐ฌ๐ž๐ง๐›๐š๐ฎ๐ž๐ซ ๐ˆ๐ง๐ญ๐ž๐ซ๐ง๐š๐ญ๐ข๐จ๐ง๐š๐ฅ ๐€๐†, ๐๐€๐…๐…๐‚๐Ž, ๐™๐จ๐จ๐ฆ๐ฅ๐ข๐จ๐ง ๐‡๐ž๐š๐ฏ๐ฒ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐’๐œ๐ข๐ž๐ง๐œ๐ž &๐“๐ž๐œ๐ก๐ง๐จ๐ฅ๐จ๐ ๐ฒ ๐‚๐จ., ๐‹๐ญ๐., ๐Œ๐Ž๐‘๐ˆ๐“๐€ ๐‡๐Ž๐‹๐ƒ๐ˆ๐๐†๐’ ๐‚๐Ž๐‘๐๐Ž๐‘๐€๐“๐ˆ๐Ž๐, ๐€๐ฅ๐›๐ž๐ซ๐ญ ๐™๐ข๐ž๐ ๐ฅ๐ž๐ซ ๐†๐ฆ๐›๐‡, ๐‘๐„๐• ๐†๐ซ๐จ๐ฎ๐ฉ, ๐€๐ฅ๐ž๐ฑ๐ข๐ฌ ๐…๐ข๐ซ๐ž ๐„๐ช๐ฎ๐ข๐ฉ๐ฆ๐ž๐ง๐ญ ๐‚๐จ๐ฆ๐ฉ๐š๐ง๐ฒ, ๐’๐œ๐š๐ง๐ข๐š, ๐Ž๐ฌ๐ก๐ค๐จ๐ฌ๐ก ๐‚๐จ๐ซ๐ฉ๐จ๐ซ๐š๐ญ๐ข๐จ๐ง

Allied Market Research offers exhaustive research and analysis to its clients based on a wide range of cross-checked factual inputs including regional information and interviews with industry leaders. The in-house specialists are instrumental in designing analytical tools catering to the requirements of particular sectors. These tools refine the statistics and data to build a precise market-specific view of the size and trends of the industry. The research proceeds are consequences of high-quality data, expert intervention, and opinions, served to the stakeholders to achieve their highest growth objectives.

๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐‚๐จ๐ฆ๐ฉ๐ฅ๐ž๐ญ๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ ๐๐จ๐ฐ: https://www.alliedmarketresearch.com/fire-truck-market/purchase-options

๐Œ๐š๐ซ๐ค๐ž๐ญ ๐ƒ๐ฒ๐ง๐š๐ฆ๐ข๐œ๐ฌ

The report provides an analysis of the growth drivers, hindrances, and growth scopes in the sector. It also highlights the competitive scenario at both global and domestic levels by applying precise analytical tools like Porter's five forces.โ€ฏย 

One of the key factors that contribute to the growth of the fire truck market is the increasing focus on fire safety and emergency response capabilities worldwide. With the growth in urbanization, the demand for advanced firefighting vehicles equipped with the latest technology and safety features rises. Additionally, regulatory standards and government initiatives play a crucial role in driving market trends. Stricter regulations regarding fire safety codes and standards compel emergency departments to upgrade their fleet with modern fire trucks. Technological advancements also significantly influence the market. Fire trucks are incorporating advanced systems such as thermal engaging cameras, GPS navigation, drone integration, and telematics for real-time data monitoring and analysis.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐’๐œ๐ž๐ง๐š๐ซ๐ข๐จ

The report on the global fire truck market provides an in-depth evaluation of the key players in the market. It includes their performance, with a thorough study of their tactical moves from time to time to stay afloat in the ambitious landscape.

๐“๐ก๐ž ๐ฅ๐ž๐š๐๐ž๐ซ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐Ÿ๐ข๐ซ๐ž ๐ญ๐ซ๐ฎ๐œ๐ค ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐š๐ซ๐ž:

โ€ข MORTITA HOLDINGS CORPORATION
โ€ข Alexis Fire Equipment Company
โ€ข Zoomlion Heavy Industry Science & Technology Co., Ltd
โ€ข Magirus
โ€ข Oshkosh Corporation
โ€ข Rosenbauer International AG
โ€ข Scania
โ€ข NAFFCO
โ€ข Albert Ziegler GmbH

These leaders adopt moves like collaborations, acquisitions, mergers, and partnerships to strengthen their position in the market.

๐ˆ๐ง๐ญ๐ž๐ซ๐ž๐ฌ๐ญ๐ž๐ ๐ญ๐จ ๐๐ซ๐จ๐œ๐ฎ๐ซ๐ž ๐ญ๐ก๐ž ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก ๐‘๐ž๐ฉ๐จ๐ซ๐ญ? ๐ˆ๐ง๐ช๐ฎ๐ข๐ซ๐ž ๐๐ž๐Ÿ๐จ๐ซ๐ž ๐๐ฎ๐ฒ๐ข๐ง๐ : https://www.alliedmarketresearch.com/purchase-enquiry/A06276

Asia-Pacific holds the largest share of the global fire truck market. Many cities in India and China are introducing new fire truck bearings features such as turntable ladders to operate in high-rise buildings. Moreover, oil refineries, industrial corporations, and steel plants are demanding industrial-grade resources to address their fire-related issues.

๐Š๐ž๐ฒ ๐ช๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง๐ฌ ๐œ๐จ๐ฏ๐ž๐ซ๐ž๐:

Among the many questions covered in the report, a few are:
โ€ข Which is the leading application of the fire truck market?
โ€ข What is the base year considered in the report?
โ€ข How is the company profile selected?

Through accurate estimations, understanding the trends, and expert insights, the report offers an exhaustive guide
regarding the fire truck industry's whereabouts that is set to aid business owners and investors in making decisions with awareness and proper information.

๐Š๐„๐˜ ๐…๐ˆ๐๐ƒ๐ˆ๐๐†๐’ ๐Ž๐… ๐“๐‡๐„ ๐’๐“๐”๐ƒ๐˜

By type, the tanker segment is anticipated to exhibit significant growth in the near future.

By application, the military segment is anticipated to exhibit significant growth in the near future.

By propulsion type, the electric segment is anticipated to exhibit significant growth in the near future.

By region, LAMEA is anticipated to register the highest CAGR during the forecast period.

๐‚๐ก๐ž๐œ๐ค ๐จ๐ฎ๐ญ ๐ฆ๐จ๐ซ๐ž ๐ซ๐ž๐ฅ๐š๐ญ๐ž๐ ๐ฌ๐ญ๐ฎ๐๐ข๐ž๐ฌ ๐ฉ๐ฎ๐›๐ฅ๐ข๐ฌ๐ก๐ž๐ ๐›๐ฒ ๐€๐Œ๐‘ ๐‘๐ž๐ฌ๐ž๐š๐ซ๐œ๐ก:

Minibus Market - https://www.globenewswire.com/news-release/2024/01/22/2812718/0/en/Minibus-Market-to-Reach-15-5-billion-Globally-by-2032-at-4-7-CAGR-Allied-Market-Research.html#:~:text=%25%20CAGR...-,Minibus%20Market%20to%20Reach%20%2415.5%20billion%2C%20Globally%2C%20by%202032%20at,4.7%25%20CAGR%3A%20Allied%20Market%20Research

Racing Tires Market - https://www.prnewswire.com/news-releases/racing-tires-market-to-reach-18-70-billion-globally-by-2032-at-5-6-cagr-allied-market-research-301957462.html

Electric Ships Market - https://www.prnewswire.com/news-releases/electric-ship-market-to-reach-23-8-billion-globally-by-2032-at-18-0-cagr-allied-market-research-301915936.html

Airless Tire Market - https://www.globenewswire.com/news-release/2021/12/09/2348764/0/en/Airless-Tire-Market-to-Garner-77-5-Million-by-2030-Allied-Market-Research.html

๐‚๐จ๐ง๐ญ๐š๐œ๐ญ:

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๐€๐›๐จ๐ฎ๐ญ ๐”๐ฌ

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions." AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

Pawan Kumar, the CEO of Allied Market Research, is leading the organization toward providing high-quality data and insights. We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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