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Future Market Insights (FMI) predicts that the fire trucks market will grow by 3.6% year over year and surpass US$ 6,860.3 Million by 2027.

With surging industrial safety concerns and frequently evolving safety regulatory guidelines, fire trucks continue to witness significant technological innovation. To cater to stringent norms set by the US NFPA (National Fire Protection Association) and other government affiliated entities, manufacturers of fire trucks are focusing on equipment upgrade – translating into demand growth in the fire trucks market.

Below 4% Y-o-Y Forecast for Fire Trucks Market Revenue in 2019

The fire trucks market has been witnessing emergence of specialized fire trucks in recent past, which is foreseen to be an important factor contributing to market growth. However, the approximately US$ 5 billion global landscape of fire trucks is projected for a sluggish below 4% yearly growth rate in 2019 and ahead. A new market intelligence on global fire trucks landscape forecasts a passive growth outlook for the market. High initial capital and relatively low penetration rate are prominently posing a challenge to the market growth, as indicated by the report.

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A senior market research analyst adds further, “Even though the fleets of fire trucks are aging, they are not being replaced by the new ones at a considerable pace. While this is straightaway hampering the sales of new fire trucks, the entire scenario ultimately results in limiting the revenue growth of global fire trucks market. This is foreseen to be the situation in the long run, if the same continues over coming years”.

Improving Scope of Rescue Fire Trucks to Uplift Market in Developing Regions

Developing regional markets, experiencing dramatic advancements in construction and infrastructure industries, are compelling various governmental and non-governmental bodies to impose strict regulatory and administrative codes. This, according to the report, will remain the key factor propelling demand for fire trucks across emerging economies, in coming years.

More than 55% sale of fire trucks is accounted by adoption for residential and commercial end use applications, followed by that in enterprises and airports. While the rampant expansion of construction industry is cited responsible for catering to the demand for fire trucks in residential and commercial sectors, developed regional markets are presumably driven by consistently progressing interest in adoption of the cutting edge technologies enabled fire mechanical assemblies and equipment. The report thus highlights relatively high rate of fire trucks purchase across economies such as the US, UK, France, and others in North America and Europe.

While Europe and North America remains the global manufacturing and operational hubs for key manufacturers of fire trucks, the report projects a strong possibility of developing regions serving significantly in reshaping the entire competitive scenario of fire trucks market. A large number of SMEs in the fire trucks space are rapidly shifting their manufacturing bases to progressing economies – including China, India, Russia, Brazil, and ASEAN countries, to capitalize on the inexpensive labor costs and lucrative opportunities arising in the residential and commercial segments. The report says that over the next few years, Latin American market for fire trucks is likely to witness emergence of Brazil and ROW as production hubs for fire truck manufacturers.

The demand for rescue fire trucks is slated to sustain in airports to cater to soaring terminal security demands. Research also points to sustained sales of ARFF (aircraft rescue firefighting) vehicles for rescue operations at airport terminals. With a significant upsurge in air traffic and a considerably increasing number of airlines as a global level, it is more likely that the fire trucks demand at airports would be sustained over coming years.

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Over 50% Market Value Share Belongs to Seven Leading Players

The top seven players in fire trucks marketplace account for more than half of the total market value, as indicated by research. The prominent companies competing in this fairly consolidated landscape are investing in strategic acquisitions and collaborations in an effort to reaffirm their market positioning.

Long-term contractual deals for reliable supply of specialized fire trucks are likely to strengthen strategic relationship between market leaders and key distributers. Expanding existing fire trucks portfolio, with maintaining the focus on novel technological innovations, leading manufacturers and suppliers of fire trucks that are actively operating across the global value chain are projected to prioritize fire trucks and equipment upgrade.

Although pumpers and tankers contribute majorly to total sales of fire trucks at present, the report indicates growing demand for aerial platform fire trucks and rescue fire trucks – likely to shape competitive manufacturing strategies of key manufacturers in the market. In the backdrop of the rate of natural calamities occurred in recent past, it is more likely that rescue fire trucks would experience growing demand.

Key Companies Profiled

Rosenbauer International AG
Oshkosh Corporation
Magirus GmbH
Spartan Motors
Morita Group
REV Group
Naffco
Ziegler Group
Danko Emergency Equipment Co.
Zoomlion
Fire Trucks Market: Segmentation

On the basis of product type, the global fire trucks market has been segmented into:

Pumpers
Tankers
Rescue Fire Trucks
Aerial Platform
Other Speciality Trucks

Rumen Bypass Fat Market , Applications and Market– Industry Analysis, Size, Share, Growth and Forecast 2029
The rumen bypass fat market will project a compound annual growth rate (CAGR) of 5.60% during the forecast period of 2022-2029.
Market Analysis and Insights of Rumen Bypass Fat Market
Data Bridge Market Research analyses that the rumen bypass fat market will project a compound annual growth rate (CAGR) of 5.60% during the forecast period of 2022-2029. Growing rate of population especially in the developing economies such as China and India, increasing focus on the latest trends in the market, growing application of advanced and modern agricultural and farming practices, high growth in emerging countries coupled with high adoption of innovative technologies, surging demand for dairy cows and increasing industry competitiveness are the major factors attributable to the growth of rumen bypass fat market.
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Rumen bypass fat is a derivative of plant based products which is mixed and processed into all kind of animal feeds to improve the overall health of animals and boost up the immunity mechanism. Rumen bypass fat improves the functioning of digestive system and protects animals against a wide range of infectious and bacterial diseases. Rumen bypass fat doesn’t lead to any kind of health issue in animals as these are dry fats having high melting points.
Global Rumen Bypass Fat Market Scope and Market Size
The global rumen bypass fat market is segmented on the basis of type and application. The growth among segments helps you analyse niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
• On the basis of type, the rumen bypass fat market is segmented into saturated (or hydrogenated) fat, palm oil fatty acid products and others.
• The rumen bypass fat market is also segmented on the basis of application. The application segment is segmented into dairy cows, ewes and others.
Competitive Landscape and Rumen Bypass Fat Market Share Analysis
The global rumen bypass fat market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to rumen bypass fat market.
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MAJOR TOC OF THE REPORT
 Chapter One: Introduction
 Chapter Two: Market Segmentation
 Chapter Three: Market Overview
 Chapter Four: Executive Summary
 Chapter Five: Premium Insights
 Chapter Six: Passive Matrix Liquid Crystal Display Market
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About Us:-
Data Bridge Market Research set forth itself as an unconventional and neoteric Market research and consulting firm with unparalleled level of resilience and integrated approaches. We are determined to unearth the best market opportunities and foster efficient information for your business to thrive in the market
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