QYResearch: The market size of Fire Truck will reach 1 billion USD by 2022
Analyst: Shan Lixin
Company: QYResearch
Recently, QYResearch have published a report on Fire Truck market. Fire Truck includes a wide range of products which can be used in Municipal fire, Industrial fire and ARFF. The global compound growth rate of Fire Truck revenue is about 4.73% in the past 5 years. The attention to the rescue after fire disaster has been regarded more and more important.
China accounts for the largest of Fire Truck production market in this industry but China produce more lower-end products so the largest revenue market is Europe due to the higher average price. China is also the largest consumption market while Europe and North America are the second and third largest market. These regions account for large market owing to lager population and better development.
The market of Fire Truck is not concentrated. Rosenbauer ranks the first in terms of revenue share in global market of Fire Truck, occupies about 20% of the global market share in 2016; While, Oshkosh, with a market share of 14 %, comes the second; The market is relatively concentrated and all the other manufacturers which are not included in the report together consist of approximately 20% of the global market in 2016.
Fire fighting vehicle (including Pumpers, Foam fire truck, Tankers fire truck, etc.) is the most popular type of Fire Truck with more than 70% market share. Elevating fire truck and Special fire truck have smaller market.
This article was first released by QYResearch analyst, if reproduced, please indicate the source.
Marketing: sales@qyresearch.com
Analyst: shanlixin@qyresearch.com
Media Contact: press@qyresearch.com
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