Elevating Fire Truck Market Scope
Elevating Fire trucks are widely used by the fire department for easy reach to the highest floors and rescue people from buildings. In recent times, elevated platform fire trucks due to the availability of various advanced features, high payload capacity, and increased water flow capacity compared to ladder fire trucks.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new product launches, and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Elevating Fire Truck market throughout the predicted period.
Daimler AG (Germany), Oshkosh Corporation (United States), Ferrara Fire Apparatus (United States), Morita Holdings Corporation (Japan), Gimaex (France), Bai Brescia Antincendi International Srl (Italy), Alexis Fire Equipment Company (United States), Magirus (Germany), Darley & Co. (Australia), Rosenbauer (Austria), Ziegler (Germany), E-One, Inc. (REV Group, Inc.) (United States), Spartan Fire, LLC (United States), Marion Body Works, Inc. (United States) and Sutphen Corp. (United States) are some of the key players that are part of study coverage.
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Elevating Fire Truck market by Type (Ladder Fire Truck and Platform Fire Truck), by Application (Municipal fire, Industrial fire and (ARFF) Aircraft Rescue and Fire Fighting) and Region with country level break-up.
On the basis of geography, the market of Elevating Fire Truck has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In August 2021, REV Fire Group a part of REV Group Inc. introduced its first fully electric North American-style fire apparatus. The newly launched electric truck has been developed with innovative technologies and has 316 kW of proven automotive-grade batteries to deliver the longest electric pumping duration. The fire truck was built using locally stocked components and readily available replacement parts that have features North American design.
- Growing Popularity of Hybrid or Electric Fire Trucks Across Various End-use Segments
- Rapidly Increasing Infrastructural Developments and Skyscrapers Worldwide
- Surging Demand for Fire Trucks with Longer Elevator Lengths to Improve Reach Capabilities
- High Growth of Platform Elevating Fire Trucks Due to Their High Payload Capacity and Safer Evacuations
- High Cost of Platform Fire Trucks and Less Water Flow Capacity of Ladder Fire Trucks
- Availability of Major Key Players in the Market Can Create Challenges
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Elevating Fire Truck Manufacturers, Raw Material or Equipment Manufacturers and Suppliers of Elevating Fire Truck, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations, End-Users and Others