Market snapshot
Number 1 or 2 positions in attractive end markets, positioned to benefit from overlapping technology trends and industry drivers
Market
Key products
Market outlook
Low to mid-single digit growth
~$8B Addressable market
Refuse and Recycling Collection Vehicles
Electrification Autonomy and active safety
Connected solutions
Fire Apparatus
Mid to high-single digit growth
~$9B Addressable market
Ground Support Equipment and Passenger Boarding Bridges
Aircraft Rescue and Fire Fighting Trucks
Robust backlogs
Aging fleet replacement
~$2B Addressable market
Low-single digit growth
Global air travel/ cargo growth
Municipal funding and infrastructure spending
Front Discharge Concrete Mixers
Service Bodies and Telescopic Cranes
Addressable market notes: represent company estimates. All addressable market figures reflect whole goods only. Municipal reflects North America fire apparatus and RCVs; Airport reflects global airport GSE/gate equipment (excludes airport services) and global ARFF; infrastructure reflects North America front discharge concrete mixers and service bodies/telescopic cranes. Market growth outlook reflects directional internal estimates through 2028.
Serving broad ~$19B addressable market with leading technology
Made with FlippingBook Annual report maker