The future of the global fire truck market looks promising with opportunities in the residential & commercial, airport, and military markets. The global fire truck market is expected to reach an estimated $7.8 billion by 2030 with a CAGR of 4.3% from 2024 to 2030. The major drivers for this market are increasing urbanization led to a growing concentration of people and property in densely populated areas, technological advancements in fire truck technology led to the development of more efficient and effective fire trucks, and rising industrialization.
Some of the key questions
answered in this exclusive report are:
Q.1. What are some of
the most promising, high-growth opportunities for the fire truck market by
propulsion type (gasoline-powered, diesel-powered, and electric-powered),
vehicle type (pumpers, aerial ladder trucks, aerial platform trucks, rescue
trucks, and others), application (residential & commercial, airport, and
military), and region (North America, Europe, Asia Pacific, and the Rest of the
World)?
Q.2. Which segments will
grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and
why?
Q.4. What are the key
factors affecting market dynamics? What are the key challenges and business
risks in this market?
Q.5. What are the
business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market
and the reasons behind them?
Q.7. What are some of
the changing demands of customers in the market?
Q.8. What are the new
developments in the market? Which companies are leading these developments?
Q.9. Who are the major
players in this market? What strategic initiatives are key players pursuing for
business growth?
Q.10. What are some of
the competing products in this market and how big of a threat do they pose for
loss of market share by material or product substitution?
Q.11. What M&A
activity has occurred in the last 5 years and what has its impact been on the
industry?
Market Segmentation:
In this market, pumper,
aerial ladder truck, aerial platform truck, and rescue trucks are the major
segments of fire truck market by vehicle type. Lucintel forecasts that pumper
will remain the largest segment over the forecast period because it is
extremely adaptable and capable of carrying out a variety of tasks, such as
providing water and combating fires, as well as serving as rescue vehicles for
emergency situations.Within this market, residential & commercial will
remain the largest segment due to growth in both the overall population of the
world and the quantity of new residential and commercial structures constructed
globally.
North America will
remain the largest region over the forecast period due to higher demand coming
from the market for residential and commercial applications,as well as,
increasing need for sophisticated safety infrastructure in residences, business
complexes, and organizations.
Albert Ziegler, Alexis
Fire Equipment, BME Fire Trucks, GIMAEX, HME, Magirus, Morita Holdings,
Oshkosh, Rosenbauer, and The Shyft Group are the major suppliers in the fire
truck market.
About
Lucintel
Lucintel, the premier global
management consulting and market research firm, creates winning strategies for
growth. It offers market assessments, competitive analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: roy.almaguer@lucintel.com
Tel. 972.636.5056
Explore Our Latest Publications
Infectious Disease
Diagnostics Market
Iron Deficiency
Anemia Therapy Market
No comments:
Post a Comment