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3.6% CAGR of Fire Trucks Market to Witness Steady Growth in 2027

The global fire truck market is expected to expandat a CAGR of 3.6% for the period between 2018 and 2027. Increasing incidences of forest fires across the globe will especially drive the demand for fire trucks during the forecast period.

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3.6% CAGR of Fire Trucks Market to Witness Steady Growth in 2027

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  1. Fire Trucks: ASEAN Industry Analysis and Opportunity Assessment 2019 - 2027 January 2019 Report Id :REP-GB-2732 Status :Published Category : Automotive & Transportation ©2019 Future Market Insights, All Rights Reserved

  2. AboutFuture Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. FMI is headquartered out of London, U.K., with a state-of-the-art delivery center located in Pune, India. We combine our knowledge and learning from every corner of the world to distill it to one thing – the perfect solution for our client. Research Capabilities Sector Coverage • Customized Research • Syndicated Research • Investment Research • Social Media Research • Automotive and Transportation • Electronics, Semiconductor, and ICT • Retail and Consumer Products • Industrial Automation and Equipment • Chemicals & Materials • Food and Beverages • Services and Utilities • Energy, Mining, Oil, and Gas Customized Research Syndicated Research Investment Research Social Media Research Subscription Information For detailed subscription information please contact Hari. T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com ©2019 Future Market Insights, All Rights Reserved

  3. Research Methodology (1/2) Research & Intelligence Data Collection Actionable Insights Data Filter & Analysis Business Solution 1 Market profiling 2 Formulating discussion guide • Identifying key opinion leaders • Questionnaire design • In-depth interviews • Coverage across value chain 3 A Developing list of respondents • Key industry experts • Channel study • Developments • Market dynamics • Products • Conclusions Primary Research 4 SOLUTION Data collection • Market participants • Key strengths • Product portfolio • Mapping as per value chain • Key focus segments B 5 Desk Research Data validation 6 C Data analysis Primary Research # • Secondary Research # • Paid Publications# Company Analysis • Linkedin • Zoominfo • Salesforce • Avention • Company websites • Company annual reports • White papers • Financial reports • Factiva • GBI • Genios • Meltwater 7 Insights Systematic Research Approach # includes sources of databases ©2019 Future Market Insights, All Rights Reserved

  4. Fire Trucks Market Analysis Fire Trucks Market Surpassed US$ 5 Billion in 2018; Tankers Segment Held Over One-Fourth Share in Revenue FMI (Future Market Insights) digs deep into the global Fire Trucks market and finds vital information through structured market research. The report titled “Fire Trucks Market Global Industry Analysis 2013–2018 and Opportunity Assessment 2019–2027” estimates the market and forecasts the future demographic and changes. On the basis of findings specified in the report, the market is predicted to witness growing demand for fire trucks from municipal, military and enterprise & airport sectors over the coming years. Growing demand for fire trucks in emerging economies will drive the growth of the global fire trucks market during the forecast period. The estimated value of the fire trucks market in 2018 was US$ 5,014.5 Mn and the market is expected to expand at a CAGR of 3.6% and reach US$ 6,860.3 Mn by the end of 2027. Furthermore, the Fire Trucks market is predicted to create incremental $ opportunity worth US$ 1,677.0 Mn during the forecast period. Global Fire Trucks Market Dynamics ©2019 Future Market Insights, All Rights Reserved

  5. Fire Trucks Market Analysis Increasing expenditure on public safety by governments across the globe is leading to strengthening of firefighting and fire prevention departments of various countries. This is anticipated to act as a catalyst for the overall growth of the fire trucks market over the forecast period. Moreover, an increase in fire accidents across regions has surge the need for fire trucks. That apart, increasing infrastructural developments in emerging countries, such as China India, Brazil, etc., are also boosting the demand for fire trucks in these countries. On the flip side, one of the key challenges faced by the manufacturers in the fire trucks market is the low rate of penetration of fire trucks. However, the fleets are aging, the fire trucks are not being substituted easily. This is expected to be the key factor restraining for the growth of the fire trucks market over the forecast period. Moreover, the high cost of fire trucks coupled with increasing technical complexity is also expected to act as a restraining factor for the growth of the fire trucks market in near future. Global Fire Trucks Market Forecast Market understanding suggests that the overall size of the global fire trucks market will grow at a substantial rate over the forecast period. Various optimistic changes are predicted to push the growth of the global fire trucks market during the forecast period. ©2019 Future Market Insights, All Rights Reserved

  6. Fire Trucks Market Analysis By region, Europe is anticipated to hold the dominant share in the global fire trucks market during the forecast period. Europe and North America are expected to remain opportunistic economies. In value terms, Europe is predicted to create incremental dollar opportunity worth US$ 599.4 Mn in the global fire trucks market during the forecast period. Europe and China are expected to grow at high CAGRs during the forecast period. By product type, the tankers segment dominated the fire trucks market with a value of US$ 1,339.2 Mn in 2018. However, the other speciality trucks segment is anticipated to account for a minimal share in the global fire trucks market during the forecast period. In terms of growth, rescue fire trucks segment, followed by the aerial platform segment, is expected to observe high growth during the forecast period. Request For Report Sample @ https://www.futuremarketinsights.com/reports/fire-trucks-market By end use, the commercial & residential buildings segment is expected to dominate the global fire trucks market. In volume terms, the demand from commercial & residential buildings segment is expected to be pegged at 17,809 Units by the end of 2027. In value terms, the airports & enterprises segment is predicted to create incremental dollar opportunity worth US$ 364.2 Mn in the global fire trucks market over the forecast period. ©2019 Future Market Insights, All Rights Reserved

  7. Fire Trucks Market Analysis Global Fire Trucks Market: Competitive Landscape Some of the key players involved in the manufacturing of fire trucks and included in this study are 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. ©2019 Future Market Insights, All Rights Reserved

  8. To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: sales@futuremarketinsights.com For media queries, contact the press office at press@futuremarketinsights.com For other queries contact:Hari. T (Sr. Manager - Global Business Development) Future Market Insights: 3rd Floor,207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: hari.t@futuremarketinsights.com Thank You Future Market Insights Global & Consulting Private Limited (FMI) ©2019 Future Market Insights, All Rights Reserved

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