Tightened federal, state and local funding caused revenue for fire truck manufacturers to plummet in the five years to 2014. Nevertheless, demand is expected to rise steadily in the next five years because of improved local funding and investment. Further, because most fire departments put off purchasing new fire trucks during the recession, pent-up demand for the industry will facilitate future growth.
This industry manufactures fire trucks and fire engines. These vehicles assist in fighting fires by transporting firefighters and essential equipment, such as pumps, ladders and safety gear, to the scene of fires.
The report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecast, growth rates and an analysis of the industry key players and their market shares.