In 2023, the Fire Truck Market is estimated to be worth around US$ 5,945.1 million. According to sales predictions, the global fire truck market is expected to grow at a CAGR of 3.7% through 2033. Based on these projections, the overall market value is expected to reach US$ 8,549.6 million by 2033.
| Report Attributes or Data Points | Details |
|---|---|
| Global Fire Truck Market Size in 2022 | US$ 5,741.6 million |
| Estimated Global Market Size in 2023 | US$ 5,945.1 million |
| Forecasted Global Market Size by 2033 | US$ 8,549.6 million |
| CAGR from 2023 to 2033 | 3.7% CAGR |
| Historical Market Growth Rate from 2018 to 2022 | 2% CAGR |
| Collective Value Share of 3 Top Performing Countries in 2022 | 35% |
Fire Truck Market Analysis & Emerging Trends
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Comparison analysis and key insights about the growth outlook of fire department vehicles and the impact of recent developments and market dynamics have been discussed in the section below. Certain macroeconomic and demographic factors, including urbanization, government investments, infrastructure development, and economic growth outlook, among others, have significantly influenced the market.
Market Progression till June 2022
According to our analysis, the variation between the BPS values observed in the fire trucks market in H1, 2022 - outlook over H1, 2022 projected value reflects a rise of 7 units. Moreover, compared to H1 2021, the market is expected to rise by 6 BPS in H1 2022. As governments were busy taking measures to limit the spread of COVID-19, the demand for firefighting trucks fell significantly from early 2020 to 2021.
| Market Statistics | Details |
|---|---|
| H1,2021 (A) | 3.5% |
| H1,2022 Projected (P) | 3.5% |
| H1,2022 Outlook (O) | 3.6% |
| BPS Change : H1,2022 (O) - H1,2022 (P) | (+) 7 ↑ |
| BPS Change : H1,2022 (O) - H1,2021 (A) | (+) 6 ↑ |
The primary element projected to drive demand for fire trucks throughout the forecast period is an increase in global demand for safety. Administrative and regulatory organizations in developing countries have implemented severe norms and standards to avoid infrastructural damage, which is also stimulating demand for extinguishers. So, changes are made on a regular basis to comply with affiliations' standards and recommendations, such as the NFPA in the United States.
Manufacturers and suppliers in the value chain of the fire truck market are applying fresh innovation strategies to gain maximum benefits in the competitive environment as the market evolves. These companies are improving their fire vehicle line-up to meet the growing requirements of firefighting and rescue operations.
The total market is dominated by rescue fire trucks and aerial platform trucks, which are likely to earn significant market share throughout the forecast period. In order to reduce infrastructural damage and loss, regulatory agencies in growing countries have implemented tough codes and standards, which are predicted to boost industrial growth.
Modern gadgets could improve efficiency, quality, and capability due to the acceptance of product innovation and the usage of advanced digital tools. Furthermore, the adaptation of the Internet of Things (IoT) in buildings as well as industries has improved the fire truck market sales analysis in recent years.
Principal Consultant
| Countries | CAGR (2023 to 2033) |
|---|---|
| United States | 2.7% |
| Germany | 5.5% |
| Japan | 3.2% |
| India | 4.3% |
| China | 4.4% |
Germany accounted for almost one-third of Europe's fire truck market share for manufacturing and supply in the year 2022. Over the next ten years, the demand for industrial firefighting trucks manufactured in Germany is anticipated to advance at 5.5% CAGR.
The German motor industry and engineering sectors are well-known, and the country's fire truck automotive components and technology industry is thriving positively. Collaboration with technology companies with greater R&D spending is expected to be the main trend in the regional fire market in the next years.
Fire truck manufacturing in the United States industry is projected to develop at a 2.7% CAGR through 2033.
In North America, the United States could account for the dominant share of the regional market, contributing to roughly 86.1% of revenue in 2023. Because of a growing number of fatal fire incidents and a robust disaster management infrastructure in place, the country leads in sales of fire trucks
China is the leading market in Asia, with some renowned fire truck manufacturers competing at the global level. It is going to witness an average annual growth rate of nearly 4.4% in the supply of firefighting vehicles from 2023 to 2033.
The adoption of fire trucks in China is primarily getting driven by the increasing demand for enhanced safety infrastructure in residential and commercial buildings. Growing awareness of the importance of upgrading fire truck fleets to the latest models with multifunctional equipment could accelerate regional market growth through 2033.
The market for fire and rescue vehicles in Japan is projected to grow at an annual growth rate of 3.2% from 2023 to 2033.
Japan's fire truck manufacturing business is expected to be among the most opportunistic, after the United States and Germany, owing to the country's rising vehicle output. Japan's safety rules have strengthened in the last few years in response to an increase in the frequency of natural calamities like earthquakes, floods, and tsunamis.
The production of fire trucks in India is anticipated to progress at a 4.3% growth rate from 2023 to 2033.
Rising government investments in fire trucks with advanced technologies and the establishment of fire truck manufacturing facilities could drive India's fire truck industry. In order to improve efficiency, a shift in local fire departments' inclination toward improving operational efficiency is also anticipated to strengthen the market.
The table below represents the progress rate of different countries from 2023 to 2033 in the fire truck business by the manufacturers operating there. The Asian countries are anticipated to lead the global fire truck market in terms of volume throughout the predicted period. However, Europe and North America are expected to be the most important markets throughout the projection period in terms of value.
The revenue generated from the sales of tankers worldwide contributed to almost 29.9% share, and this trend is projected to continue in the coming years.
The tanker segment is projected to grow at a 2.8% CAGR during the years from 2023 to 2023. The demand for tankers has increased as a result of factors such as increased building and construction activities and governments imposing stringent fire safety rules.
| Top Type | Tankers |
|---|---|
| Market Share in 2023 | 29.9% |
The municipal fire department trucks for residential & commercial buildings constituted a 57.7% market share in 2022.
From 2023 to 2033, this segment is expected to witness a 4.0% CAGR in terms of value, generating an absolute dollar potential of more than US$ 409.5 million. Asian countries, with a huge population base, contribute a sizable revenue share in the residential & commercial buildings market segment.
| Top End-use Sector | Residential & Commercial Buildings |
|---|---|
| Market Share in 2023 | 57.7% |
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Due to the high number of established manufacturers and suppliers, the global market is extremely competitive for fire and rescue vehicles. So, to enhance their competencies and revenues, market leaders prioritize forming strategic collaborations with other industry players. In order to meet their manufacturing demands, companies are also focusing on extending their presence.
Recent Developments in the Fire Truck Market
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | US$ million or billion for Value and 1,000 Units for Volume |
| Key Regions Covered | North America; Latin America; Europe; APEC; ROW |
| Key Countries Covered | United States, Canada, Brazil, Mexico, Rest Of Latin America, Germany, France, United Kingdom., Russia, Italy, Rest of Europe, China, Japan, South Korea, ASEAN. |
| Key Segments Covered | By Product, By End-use Sector, and By Region |
| Key Companies Profiled | Rosenbauer International AG; Oshkosh Corporation; Magirus GmbH; Spartan Motors; Morita Group; REV Group; Naffco; Ziegler Group; Danko Emergency Equipment Co.; Zoomlion |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The net valuation of the fire truck market is US$ 5,945.1 million in 2023.
The global fire truck market is likely to grow at a CAGR of 3.7% during the forecast period.
The global fire truck market is predicted to be valued at US$ 8,549.6 million by 2033.
The United States is the leading manufacturer of fire trucks in the global market.
The fire truck market in China is predicted to witness a CAGR of 4.4% through 2033.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Product Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2023 to 2033
5.3.1. Tankers
5.3.2. Pumpers
5.3.3. Aerial Platform
5.3.4. Rescue Fire Trucks
5.3.5. Other Speciality Trucks
5.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033
6. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By End User Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End User Type, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End User Type, 2023 to 2033
6.3.1. Residential & Commercial Buildings
6.3.2. Enterprises & Airports
6.3.3. Military
6.3.4. Others
6.4. Y-o-Y Growth Trend Analysis By End User Type, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By End User Type, 2023 to 2033
7. Global Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Region
7.1. Introduction
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
7.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
7.3.1. North America
7.3.2. Latin America
7.3.3. Western Europe
7.3.4. Eastern Europe
7.3.5. South Asia and Pacific
7.3.6. East Asia
7.3.7. Middle East and Africa
7.4. Market Attractiveness Analysis By Region
8. North America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
8.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
8.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
8.2.1. By Country
8.2.1.1. USA
8.2.1.2. Canada
8.2.2. By Product Type
8.2.3. By End User Type
8.3. Market Attractiveness Analysis
8.3.1. By Country
8.3.2. By Product Type
8.3.3. By End User Type
8.4. Key Takeaways
9. Latin America Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
9.2.1. By Country
9.2.1.1. Brazil
9.2.1.2. Mexico
9.2.1.3. Rest of Latin America
9.2.2. By Product Type
9.2.3. By End User Type
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Product Type
9.3.3. By End User Type
9.4. Key Takeaways
10. Western Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
10.2.1. By Country
10.2.1.1. Germany
10.2.1.2. UK
10.2.1.3. France
10.2.1.4. Spain
10.2.1.5. Italy
10.2.1.6. Rest of Western Europe
10.2.2. By Product Type
10.2.3. By End User Type
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Product Type
10.3.3. By End User Type
10.4. Key Takeaways
11. Eastern Europe Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Country
11.2.1.1. Poland
11.2.1.2. Russia
11.2.1.3. Czech Republic
11.2.1.4. Romania
11.2.1.5. Rest of Eastern Europe
11.2.2. By Product Type
11.2.3. By End User Type
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Product Type
11.3.3. By End User Type
11.4. Key Takeaways
12. South Asia and Pacific Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Country
12.2.1.1. India
12.2.1.2. Bangladesh
12.2.1.3. Australia
12.2.1.4. New Zealand
12.2.1.5. Rest of South Asia and Pacific
12.2.2. By Product Type
12.2.3. By End User Type
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Product Type
12.3.3. By End User Type
12.4. Key Takeaways
13. East Asia Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Country
13.2.1.1. China
13.2.1.2. Japan
13.2.1.3. South Korea
13.2.2. By Product Type
13.2.3. By End User Type
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Product Type
13.3.3. By End User Type
13.4. Key Takeaways
14. Middle East and Africa Market Analysis 2018 to 2022 and Forecast 2023 to 2033, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Country
14.2.1.1. GCC Countries
14.2.1.2. South Africa
14.2.1.3. Israel
14.2.1.4. Rest of MEA
14.2.2. By Product Type
14.2.3. By End User Type
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Product Type
14.3.3. By End User Type
14.4. Key Takeaways
15. Key Countries Market Analysis
15.1. USA
15.1.1. Pricing Analysis
15.1.2. Market Share Analysis, 2022
15.1.2.1. By Product Type
15.1.2.2. By End User Type
15.2. Canada
15.2.1. Pricing Analysis
15.2.2. Market Share Analysis, 2022
15.2.2.1. By Product Type
15.2.2.2. By End User Type
15.3. Brazil
15.3.1. Pricing Analysis
15.3.2. Market Share Analysis, 2022
15.3.2.1. By Product Type
15.3.2.2. By End User Type
15.4. Mexico
15.4.1. Pricing Analysis
15.4.2. Market Share Analysis, 2022
15.4.2.1. By Product Type
15.4.2.2. By End User Type
15.5. Germany
15.5.1. Pricing Analysis
15.5.2. Market Share Analysis, 2022
15.5.2.1. By Product Type
15.5.2.2. By End User Type
15.6. UK
15.6.1. Pricing Analysis
15.6.2. Market Share Analysis, 2022
15.6.2.1. By Product Type
15.6.2.2. By End User Type
15.7. France
15.7.1. Pricing Analysis
15.7.2. Market Share Analysis, 2022
15.7.2.1. By Product Type
15.7.2.2. By End User Type
15.8. Spain
15.8.1. Pricing Analysis
15.8.2. Market Share Analysis, 2022
15.8.2.1. By Product Type
15.8.2.2. By End User Type
15.9. Italy
15.9.1. Pricing Analysis
15.9.2. Market Share Analysis, 2022
15.9.2.1. By Product Type
15.9.2.2. By End User Type
15.10. Poland
15.10.1. Pricing Analysis
15.10.2. Market Share Analysis, 2022
15.10.2.1. By Product Type
15.10.2.2. By End User Type
15.11. Russia
15.11.1. Pricing Analysis
15.11.2. Market Share Analysis, 2022
15.11.2.1. By Product Type
15.11.2.2. By End User Type
15.12. Czech Republic
15.12.1. Pricing Analysis
15.12.2. Market Share Analysis, 2022
15.12.2.1. By Product Type
15.12.2.2. By End User Type
15.13. Romania
15.13.1. Pricing Analysis
15.13.2. Market Share Analysis, 2022
15.13.2.1. By Product Type
15.13.2.2. By End User Type
15.14. India
15.14.1. Pricing Analysis
15.14.2. Market Share Analysis, 2022
15.14.2.1. By Product Type
15.14.2.2. By End User Type
15.15. Bangladesh
15.15.1. Pricing Analysis
15.15.2. Market Share Analysis, 2022
15.15.2.1. By Product Type
15.15.2.2. By End User Type
15.16. Australia
15.16.1. Pricing Analysis
15.16.2. Market Share Analysis, 2022
15.16.2.1. By Product Type
15.16.2.2. By End User Type
15.17. New Zealand
15.17.1. Pricing Analysis
15.17.2. Market Share Analysis, 2022
15.17.2.1. By Product Type
15.17.2.2. By End User Type
15.18. China
15.18.1. Pricing Analysis
15.18.2. Market Share Analysis, 2022
15.18.2.1. By Product Type
15.18.2.2. By End User Type
15.19. Japan
15.19.1. Pricing Analysis
15.19.2. Market Share Analysis, 2022
15.19.2.1. By Product Type
15.19.2.2. By End User Type
15.20. South Korea
15.20.1. Pricing Analysis
15.20.2. Market Share Analysis, 2022
15.20.2.1. By Product Type
15.20.2.2. By End User Type
15.21. GCC Countries
15.21.1. Pricing Analysis
15.21.2. Market Share Analysis, 2022
15.21.2.1. By Product Type
15.21.2.2. By End User Type
15.22. South Africa
15.22.1. Pricing Analysis
15.22.2. Market Share Analysis, 2022
15.22.2.1. By Product Type
15.22.2.2. By End User Type
15.23. Israel
15.23.1. Pricing Analysis
15.23.2. Market Share Analysis, 2022
15.23.2.1. By Product Type
15.23.2.2. By End User Type
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Product Type
16.3.3. By End User Type
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Rosenbauer International AG
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. Oshkosh Corporation
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. Magirus GmbH
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. Spartan Motors
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. Morita Group
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
17.1.6. REV Group
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.6.5.2. Product Strategy
17.1.6.5.3. Channel Strategy
17.1.7. Naffco
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.7.5.2. Product Strategy
17.1.7.5.3. Channel Strategy
17.1.8. Ziegler Group
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.8.5.2. Product Strategy
17.1.8.5.3. Channel Strategy
17.1.9. Danko Emergency Equipment Co.
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.9.5.2. Product Strategy
17.1.9.5.3. Channel Strategy
17.1.10. Zoomlion
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
17.1.10.5.2. Product Strategy
17.1.10.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
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Fire Truck Market
