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. Modern firefighting trunks carry
equipment for wide range of firefighting and rescue operations, which include ladder, self-
contained breathing apparatus, flood lights, fire hose, fire extinguishers, thermal imaging
cameras, ventilating equipment, first aid kit, and hydraulic tools. All these equipment provide
efficient assistance to fight in fire situations and rescue lives trapped inside the affected
building. For instance, according to National Fire Association, in 2016, there were 475,500
structure fires reported in the U.S., in which 2,950 civilian died. Hence, rise in urbanization will
require increased number of firefighting units in order to deal with fire situations in densely
populated cities. This in turn will create growth opportunities for fire truck manufacturers.
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.
Browse Complete Report @ https://www.coherentmarketinsights.com/ongoing-insight/fire-
trucks-market-2123
Asia Pacific is expected to exhibit the highest CAGR in the fire truck market during the forecast
period. India, China, and Japan are some of the major countries, which will drive growth of the
market in this region. Increasing urban population in Asia Pacific plays a major role for growth
of the market in this region. For instance, according to Population Reference Bureau, it is
estimated that 49% of the total Asian population will live in urban areas by 2018. Similarly by
2018, 59% of the total population in China will live in urban areas and 34% of the total