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Fire Truck Market size is expected to reach USD 7,163.7 million by 2030,

  The global  fire truck market  size is expected to reach USD 7,163.7 million by 2030, according to a new study by Grand View Research Inc. Furthermore, the industry is expected to expand at a CAGR of 5.6% from 2023 to 2030. The growing vehicle manufacturing sector in North America and Asia Pacific, which has led to a sharp rise in demand for fire trucks, is a factor in the growth of the market. Additionally, expanding infrastructure operations will encourage the use of contemporary fire truck technology over conventional fire trucks, driving up demand for these vehicles globally.   Field research is enhancing the built environment's quality and teamwork, and the global fire truck industry sees a market opportunity for these vehicles equipped with cutting-edge digital technology tools to assist in performance-based design. The widespread adoption of cutting-edge technologies is a key factor in the growth of the fire truck industry. The increasing need for multi-task...

Fire Truck Market size is expected to reach USD 7,163.7 million by 2030

  Fire Truck  Industry Overview The global fire truck market size was valued at   USD 4,631.1 million in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030. The necessity for advanced firefighting equipment and the rising demand for fire safety in developed nations are anticipated to boost the market expansion forfire trucks. A substantial increase in demand for fire safety among developed countries and the need for advanced firefighting equipment are factors expected to augment the market growth. Furthermore, improving standards concerning safety across the globe are expected to aid the demand for advanced fire trucks in the coming years. Gather more insights about the market drivers, restrains and growth of the   Fire Truck Market The outbreak of COVID-19 negatively impacted the market globally. Because of the stoppage of transit and international trade, makers of firefighting vehicles had to deal with s...