Fire Trucks Market will grow due to Demand in Thrive as More Companies Indulge in M&A Activities

The primary goal of a fire truck is to transport firefighters to the scene and put out the fire with the help of water and various chemical compositions such as firefighting foam. Fire trucks generally carry various fire safety equipment such as first aid kits, hydraulic rescue tools, chainsaws, self-contained breathing apparatus, fans, ventilating equipment, extra protective gear, and ladders.
Recent Trends Driving Demand for Fire Trucks
Many companies these days have started focusing on acquiring other companies to expand and strengthen their global presence. Spartan Motors, Inc. announced that it has completed the acquisition of a leading innovator and fire apparatus manufacturer, Smeal Fire Apparatus Co. and its subsidiaries in the recent past. With this acquisition, the company is at an even better position to deliver a wide and robust portfolio of popular technologies, services, and products to its customers, including original equipment dealers and manufacturers.
The report “Global Fire Trucks Industry 2017 Market Research Report” is available now at www.radiantinsights.com/research/global-fire-trucks-industry-2017 
Market Overview
According to the findings of a new research made available by Radiant Insights, Inc., the global fire trucks market is estimated to register a healthy growth rate over the forecast period (2016 to 2022).Rising adoption levels of new and highly developed technologies and growing use of various digital tools and modern electronics in these trucks are projected to augment the growth of the global market in future. Moreover, stringent regulations regarding adhering to fire safety standards across the globe are anticipated to fuel the overall demand for fire trucks during the next few years. In addition, escalating demand for fire trucks as a result of their growing penetration in different application areas is expected to have a positive impact on the market.
W. S. Darley & Co.; Smeal Fire Apparatus Co.; Emergency One Inc. (E-One); Rosenbauer International AG; HME, Inc.; Oshkosh Corp.; and Morita Holdings Corp. are some of the prominent companies operating in the highly competitive market for fire trucks.
About Radiant Insights, Inc
Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy. Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake.
To read more reports of this category, Visit our blog: http://riautomotivemarketresearchreports.blogspot.com

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