NAICS Code 237130-23 - Wind Power

Marketing Level - NAICS 8-Digit

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NAICS CODE 237130-23
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NAICS Code 237130-23 Description (8-Digit)

Wind power is a renewable energy industry that involves the construction, installation, and maintenance of wind turbines and wind farms. Wind turbines are used to generate electricity by harnessing the power of wind. The industry is focused on developing and implementing sustainable energy solutions to reduce reliance on non-renewable energy sources.

Parent Code - Official US Census

Official 6‑digit NAICS codes serve as the parent classification used for government registrations and documentation. The marketing-level 8‑digit codes act as child extensions of these official classifications, providing refined segmentation for more precise targeting and detailed niche insights. Related industries are listed under the parent code, offering a broader context of the industry environment. For further details on the official classification for this industry, please visit the U.S. Census Bureau NAICS Code 237130 page

Tools

Tools commonly used in the Wind Power industry for day-to-day tasks and operations.

  • Wind turbine blades
  • Nacelles
  • Tower sections
  • Gearboxes
  • Generators
  • Control systems
  • Transformers
  • Cables
  • Cranes
  • Hydraulic systems

Industry Examples of Wind Power

Common products and services typical of NAICS Code 237130-23, illustrating the main business activities and contributions to the market.

  • Wind turbine manufacturing
  • Wind farm development
  • Wind energy consulting
  • Wind energy research
  • Wind energy project management
  • Wind energy maintenance
  • Wind energy installation
  • Wind energy operations
  • Wind energy financing
  • Wind energy software development

History

A concise historical narrative of NAICS Code 237130-23 covering global milestones and recent developments within the United States.

  • The wind power industry has a long history dating back to ancient times when windmills were used to grind grain and pump water. In the late 19th century, the first wind turbines were developed to generate electricity. However, it wasn't until the 1970s that wind power began to be seriously considered as a viable alternative to fossil fuels. In the 1980s, the first large-scale wind farms were built in California, and by the 1990s, wind power had become a significant source of electricity in many parts of the world. In recent years, there have been significant advancements in wind turbine technology, including the development of larger and more efficient turbines, as well as the use of offshore wind farms. In the United States, wind power has experienced significant growth in recent years. In 2007, wind power accounted for just 1.5% of the country's electricity generation, but by 2019, that figure had risen to 7.2%. The growth of wind power in the US has been driven by a combination of factors, including government incentives, falling costs, and increasing demand for renewable energy. In 2019, the US installed a record 9.1 GW of wind power capacity, bringing the total installed capacity to over 100 GW. The future of the wind power industry in the US looks bright, with many states setting ambitious targets for renewable energy generation in the coming years.