Fire Trucks Market Growth, Demand, Analysis, Overview, and Forecast Research Report to 2025

1. Fire Trucks Market- Global Industry Insight, Trends, Outlook, and Opportunity Analysis 2018- 2025 © Coherent market Insights. All Rights Reserved

2. REPORT DESCRIPTION Fire Trucks Market Overview A fire truck is a vehicle designed to carry firefighters to the site of accident with a limited supply of water that will be utilized to extinguish fire, some tools, equipment, and hoses that will be required by the firefighters. The tools and equipment carried by the truck will widely differ depending on the size of department and the type of location they will be handling. Factors Driving Growth of the Global Fire Truck Market Fire trucks are more often employed in firefighting operations in urban and suburban regions. There has been a significant increase in commercial and residential infrastructure, especially in the urban and suburban areas, pertaining to increasing population shift in the urban regions. For instance, according to a report, ‘World’s Cities’ by the United Nations in 2016, an estimated 54.5% of the world’s population resided in cities and is expected to reach 60% by 2030. In order to accommodate such huge masses, the urban infrastructure sector is adopting multi- storey building solutions for residential as well as commercial purposes. To ensure safety for people residing in multi-storey buildings, more efficient and organized systems such as Fire Alarm System, Fire Sprinkler System, and Carbon Monoxide Detection need to be adopted. To deal with fire incidents in cities, fire trucks are a prime necessity. © Coherent market Insights. All Rights Reserved

3. REPORT DESCRIPTION Fire Truck Market: Taxonomy The global fire truck market segmented on the basis of application and region By Application: ➢Residential ➢Commercial ➢Other By Region: ➢North America ➢Europe ➢Asia Pacific ➢Latin America Request sample Copy of this Report:https://www.coherentmarketinsights.com/insight/request-sample/2123 © Coherent market Insights. All Rights Reserved

4. REPORT DESCRIPTION Fire Truck Market: Regional Insight The market segmentation for fire trucks is based on regions including North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America was the largest market for fire trucks in 2017. Increasing fire incidence in North America is one of the major driving factors leading to high demand for fire trucks. For instance, according to National Fire Association, in 2016, there were 1,342,000 fires reported in the U.S. in which 3,390 civilian died, 14,650 civilian were injured, and US$ 10.6 billion valued property was damaged. Moreover, high percentage of population living in urban areas have also accelerated the market growth in North America. For instance, according to Population Reference Bureau, in 2017, 81 % of North America total population lived in urban areas. With rising urbanization there will be high demand for fire stations to ensure that in times of fire incidents, help is delivered on time. Hence, with such high urban population, demand for fire trucks will also simultaneously increase. To Get Discount on this Report: https://www.coherentmarketinsights.com/insight/request-discount/2123 © Coherent market Insights. All Rights Reserved

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