This report offers a nine-year forecast and analysis for the global fire trucks market between 2019 and 2027. The fire trucks market scope considers 2018 as the base year with market values predicted for 2019 and a forecast developed for the period of 2019 to 2027. The CAGR (Compound Average Growth Rate) has been represented from 2019 to 2027.
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The fire trucks scope covers several viewpoints of the market, including market dynamics, value chain and competition analysis, pricing analysis, macroeconomic, regional and segmental growth comparison and industry growth analysis, along with segment-level forecast in a comprehensive manner. As per the findings of the scope and viewpoints of industry participants, the global fire trucks market is projected to grow at a CAGR of 3.6% between 2017 and 2027, in terms of value. Increasing expenditure on public safety by governments across the globe is anticipated to positively impact the uptake of fire trucks in the global market.
FMI’s (Future Market Insights) report on the fire trucks market carefully examines the market at a regional and global level through market segmentation on the basis of parameters, such as product type, end users and region. The fire trucks market report also highlights an overview of the market by region wherein the demand for fire trucks has been tracked for various countries across each region. The data gathered has been studied across each of the countries. The key objective of the report is to offer current trends, fundamental insights on market updates and growth rates, competition positioning, market potential and other relevant statistics and information in an apt manner to the readers and stakeholders in the fire trucks market.
A fire truck, commonly known as a fire engine, is a large vehicle which conveys fire fighters and equipment to fight fire. These vehicles are mainly designed for fire fighting operations. Many companies employ these vehicles for several applications, such as emergency medical purposes and rescue purposes. Usually, a fire truck carries equipment, such as ventilating equipment, hydraulic rescue tools, self-contained breathing apparatuses, ladders and first aid kits. Common types of fire trucks used in fire fighting are pumpers, tankers, rescue fire trucks, aerial platforms and other speciality trucks.
The fire trucks market scope is intended to enable the reader to develop a systematic understanding of the fire trucks market. The global fire trucks market report starts with market taxonomy, market definitions, followed by the market background (which includes value chain analysis, market dynamics, macroeconomic factors, cost structure analysis, etc.), regional analysis and competitive landscape. All the sections in the global fire trucks market report cover a qualitative as well as quantitative assessment of the fire trucks market on the basis of key opinions gathered from industry experts, facts, trends and historical developments in the market.
Fire Trucks Market: Segmentation
The global fire trucks market has been segmented on the basis of product type, end user and region.
On the basis of product type, the global fire trucks market has been segmented into:
Rescue Fire Trucks
Other Speciality Trucks
On the basis of end users, the global fire trucks market has been segmented into:
Enterprise & Airports
Residential & Commercial Buildings
On the basis of region, the global fire trucks market has been segmented into:
APEC (Asia Pacific Excl. China)
ROW (Rest of World)
The global fire trucks market report begins with the market taxonomy, which defines product definitions concerning the global fire trucks market assessment. In the next section, the report describes market view points, which includes value chain analysis covering approximate profit margins, market dynamics, product life cycle stage, intensity mapping, etc. The market background section also discusses market dynamics, such as drivers, restraints, opportunities and trends, impacting the fire trucks market growth at a global level.
The following sections of the report provide volume (Units) and value (US$ Mn) projections for the fire trucks market on the basis of segments, such as product type and end user, at a global level. The global market values given in this section have been agglomerated by collecting information and data at a regional level. Information provided on the global fire trucks market, along with key facts and insights, covers distinctive analysis frameworks, such as absolute $ opportunity analysis, market attractiveness analysis, market share analysis, and year-on-year growth trend comparison, for each of the types included under each segment.
Moreover, for market forecasting, we extracted data about usability of fire trucks in firefighting. Growth in end use sectors is expected to have a direct impact on the demand for fire trucks. We triangulated the data from three different types of analysis, based on primary research, secondary research and our own analysis.
The succeeding section of the report provides a brief outlook for the global fire trucks market for six regions including North America, Latin America, Europe, APEC (Asia Pacific excluding China), China and ROW (Rest of World). The section includes market attractiveness analysis, growth potential and regional market position for each of these regions.
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Fire Trucks Market: Competition Landscape
In the last section of the report, a competitive landscape for the fire trucks market has been included to provide report viewers with a dashboard view characterized on the basis of manufacturers, key differentiating strategies and factors and their presence in the fire trucks market. This section covers market share analysis and market structure analysis of the key players in the global fire trucks market. Detailed profiles of key players have also been incorporated under the scope of the report to evaluate their key offerings, strategies and recent developments in the fire trucks market. Examples of some of the key players covered under the fire trucks report include Rosenbauer International AG, Oshkosh Corporation, Magirus GmbH, Spartan Motors, Morita Holdings Corporation, REV Group, Naffco, Ziegler Group, Danko Emergency Equipment, Co. and Zoomlion Heavy Industry Science & Technology Co., Ltd.
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