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A fire fighting truck is equipped with devices and gadgets that are used to extinguish the fire and for other rescue tasks. These trucks are designed to fight fire calamities and accidents. These fire fighting trucks are also majorly used to transport firefighters, carry equipment, supply water, and rescue operations. Globally, the increasing population, commercialization, and industrialization of the risk of forced calamities have also increased to a large extent. With this, the need for safety and security is also rising.
Furthermore, the government is also imposing stringent norms for fire safety across various sectors such as commercial, industries, airports, hospitals, and residential. All these factors are leveraging the growth of fire fighting trucks to a great extent. Also, with the adoption of new technologies and development in the existing techniques and equipment of the fire fighting trucks, the market is expecting a boom in the forecast period.
Key Market Driver -
Increasing population, industrialization with the rise in forced calamities, are driving the fire fighting truck market.
Key Market Restraint -
Huge size of the trucks and increasing traffic congestion may hamper the growth of the market.
Globally, the fire fighting truck market has been segmented by truck type, by application, and by region. By truck type, the market is further segmented into an aerial platform, pumpers, tankers, rescue trucks, and others. These trucks are used based on the calamities that occur. Pumper trucks are widely used as their work is to extinguish the fire. Rescue trucks are also majorly used for various rescue tasks. By application type, the fire fighting trucks are majorly used in residential and commercial sectors. The growing population and commercialization have increased the demand for fire fighting trucks in the residential and commercial sectors.
The major companies in the global fire fighting truck market include Oshkosh Corporation, Weihai Guangtai, Rosenbauer International AG, Magirus GmbH, Alexis Fire Equipment Company, Morita Group, and Euro GV, among others.
Geographically, the fire fighting truck market is segmented into North America, Europe, Asia-Pacific, and the rest of the world. The Asia Pacific holds the largest market share of the global fire fighting truck market. India, China, and Japan are one of the major countries where the population is tremendously rising, and so is the awareness about safety. Moreover, stringent government norms and regulations regarding the safety of citizens are leading to the growth in the fire fighting truck market. The advancements in technologies and the development of new and upgraded management of the fire protection associations are also fuelling the growth of the market. North America is also showing a substantial growth in the fire fighting truck market owing to the increasing commercialization and residential sectors, and surge in demand for safety infrastructures in these sectors.
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