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Fire Truck-Original Equipment Manufactures – GS Global Resources Integrated Solutions – Assisting In Fighting Fires by Transporting Firefighters and Essential Equipment To the Scene.
The demand of fire trucks is a growing owing to acceptance of updated and advanced technology, product innovation, and use of latest digital tools and modern electronics which will help to increase the efficiency, capability, and quality of the fire truck. The government is rising the municipal budgets which aids in the development of the fire and safety departments are also fuelling the growth of the fire trucks market. The major factor which is hampering the growth of the market is the low rate of replacements. Though the fleets are aging, the fire trucks are not being replaced easily. This may restrict the growth of fire trucks market.
GS Global Resources leading engineering minds in hydraulic, electronic, mechanical and software applications provide the fire truck industry with the latest advanced technology, product innovation along with electronic and hydraulic integration control for optimized machine performance. We are with our OEM customer’s every step of the way with continual technology and innovative system solutions.
The global fire truck market is expected to witness high growth rate over the forecast period. Fire Truck also known as Fire Engines are designed for firefighting operations. Many fire and safety companies keep these trucks for different applications like rescue purposes and emergency medical purposes. Fire Engines transport firefighters to the sites, providing water and other essential equipment to fight the fire.
Increasing infrastructure in the emerging countries which includes India, China, South Korea coupled with increasing awareness regarding fire safety is expected to fuel the demand for fire trucks over the forecast period. The demand in airports and corporates for fire apparatus and rise in governmental regulations towards ensuring fire safety compliance is anticipated to be a contributing factor for market growth across the world.
Retrieved from Mordor Intelligence